6 months
0.01% (paid Annually)
Min. €10,000
Max. €100,000
Max. €100,000
illimity Bank Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by illimity Bank.
- The return on the illimity Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.95% annually for a duration of 60 months.
- Savings are protected under the national deposit insurance scheme of Italy.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by illimity Bank.
How much interest does the illimity Bank Festgeld - raisin pay?
illimity Bank offers the fixed-term deposit “Festgeld - raisin” in 6 different terms, with annual percentage yields ranging from 0.01% to 2.95%. The highest interest is paid for the 60-month fixed-term deposit.
In comparison, the top Festgeld high-yield savings accounts are currently offered by Raiffeisenbank Wittelsbacher Land (3.33% for 6 months) and Rediem Capital AB (3.25% for 120 months).
You can find an overview of all conditions for the illimity Bank illimity Bank fixed-term deposits in the following table:
Term
Interest rate
Deposit amount
12 months
2.65% (paid Annually)
Min. €10,000
Max. €100,000
Max. €100,000
24 months
2.8% (paid Annually)
Min. €10,000
Max. €100,000
Max. €100,000
36 months
2.85% (paid Annually)
Min. €10,000
Max. €100,000
Max. €100,000
48 months
2.85% (paid Annually)
Min. €10,000
Max. €100,000
Max. €100,000
60 months
2.95% (paid Annually)
Min. €10,000
Max. €100,000
Max. €100,000
Who is behind illimity Bank?
illimity was founded in Milan in 2018. It is part of the publicly Milan-listed Banca Ifis S.p.A. Group.
illimity specializes in providing loans to SMEs in the areas of performing loans, restructuring, and realignment, as well as investment banking services. Illimity covers the entire credit management value chain, from financing and asset management to structuring through ARECneprix.
How safe is my money with illimity Bank?
Deposits at illimity are secured by the Italian deposit guarantee (Fondo Interbancario di Tutela dei Depositi), which secures up to 100,000 euros per customer in accordance with EU regulations. Italy has a sovereign credit rating of BBB+, reflecting investment-grade status.
See all Festgeld options
Check our complete list of time money and easily calculate your possible return.
How can I manage the Festgeld - raisin account?
Your illimity Bank fixed-term deposit is managed entirely through the Raisin online platform. You can view balances, initiate transfers, and download documents via the Raisin web interface or the Raisin mobile app for iOS and Android.
The web interface and applications are available in German, English, Finnish, French, Dutch, Polish, and Spanish. Customer service is provided in local languages via secure messaging in the online banking and by phone. Since the account is operated through Raisin, you are not dependent on illimity Bank ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.
How can I open the illimity Bank “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with illimity Bank is done fully online via the interest marketplace Raisin.
Raisin is based in Berlin, Germany. Using the marketplace, you only need to register once and can then open several savings options, such as a illimity Bank's fixed-term deposit, across Europe and the globe within minutes. The Raisin platform is available to adults residing in Germany, Austria, France, Ireland, the Netherlands, Poland, Spain, the United Kingdom, and the United States. However, product offerings may vary by country.
You require a valid ID or passport to complete the identification procedure. In Germany, it can either be performed online via VideoIdent or in person at a post office branch (PostIdent). Once complete, you will get a reference account with Frankfurt-based Raisin Bank to which you shall connect your personal German current account. Afterwards, you can open the fixed-term deposit with illimity Bank. The desired amount will automatically be transferred from your Raisin reference account to illimity Bank.
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