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Itaú BBA Europe Fixed-Term Deposit: Festgeld - raisin Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits Itaú BBA Europe Festgeld – raisin

Christian

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In a nutshell:

  • The “Festgeld - raisin” is a fixed-term deposit offered by Itaú BBA Europe.
  • The return on the Itaú BBA Europe fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.47% annually for a duration of 12 months.
  • Savings are protected under the national deposit insurance scheme of Portugal.

Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Itaú BBA Europe.

How much interest does the Itaú BBA Europe Festgeld - raisin pay?

Itaú BBA Europe offers the fixed-term deposit “Festgeld - raisin” in 3 different terms, with annual percentage yields ranging from 2.10% to 2.47%. The highest interest is paid for the 12-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 Itaú BBA Europe Itaú BBA Europe fixed-term deposits in the following table:

Term

Interest rate

Deposit amount

Who is behind Itaú BBA Europe?

Itaú BBA Europe S.A. is a Lisbon-based subsidiary of Itaú Unibanco Holding S.A., a Brazilian holding company and bank headquartered in São Paulo. The company was formed in 2008 through a merger of the two banks, Banco Itaú and Unibanco, and is listed on the São Paulo Stock Exchange. It has 57.5 million customers, employs more than 99,000 people, and describes itself as the largest private bank in the Southern Hemisphere[2]

Itaú conducts business operations throughout Europe, North and South America (the “Itaú Group”). It has been present in Portugal since 1988, placing particular emphasis on European clients with financial or economic ties to South America or Brazil.

How safe is my money with Itaú BBA Europe?

Deposits with Itaú BBA Europe are safe under the Portuguese statutory deposit guarantee scheme (Fundo de Garantia de Depósitos). It protects deposits up to 100,000 euros per depositor and institution in line with EU law. Portugal’s sovereign credit rating is investment-grade, namely A+.

Itaú BBA Europe is a credit institution regulated by the Bank of Portugal and a financial market participant recognized by the Portuguese Securities Market Commission (CMVM).

Itaú BBA Europe Festgeld – raisin

See all Festgeld options

Check our complete list of time money and easily calculate your possible return.

Compare fixed-term deposits in Germany here

How can I manage the Festgeld - raisin account?

Your Itaú BBA Europe 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 Itaú BBA Europe ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.

How can I open the Itaú BBA Europe “Festgeld - raisin“?

Opening the "Festgeld - raisin" fixed-term deposit with Itaú BBA Europe 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 Itaú BBA Europe'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 Itaú BBA Europe. The desired amount will automatically be transferred from your Raisin reference account to Itaú BBA Europe.

Click here to get your Itaú BBA Europe flexible savings account!

About the Author

Christian is a founding member of and writer at Settle in Germany. He strives to empower expats - whether fleeing war or seeking their next career step - to make their own smart and confident decisions.His guides deliver reliable and objective information about banking and connectivity in Germany. Christian brings in his profound financial and business knowledge from his studies in International Management and a successful long-year track record within international corporations. Having grown up here and lived in six countries across three continents, Christian knows the ins and outs of German particularities and understands what it means to adjust to a new environment. He is deeply immersed in Berlin's expat community, working as a personal coach to support internationals shaping a new life in Germany.

Disclaimer: This blog and providing support are my passion and hobby. However, I do not intend to provide financial advice. All investments involve risks of loss. This post is non-binding, for informational purposes only, and does not represent a complete market overview. I do not take responsibility for the accuracy and up-to-dateness of the data (§18 ZKG).

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