3 months
2.16% (paid Annually)
Max. €100,000
Izola Bank Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by Izola Bank.
- The return on the Izola Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.78% annually for a duration of 36 months.
- Savings are protected under the national deposit insurance scheme of Malta.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Izola Bank.
How much interest does the Izola Bank Festgeld - raisin pay?
Izola Bank offers the fixed-term deposit “Festgeld - raisin” in 6 different terms, with annual percentage yields ranging from 1.90% to 2.78%. The highest interest is paid for the 36-month fixed-term deposit.
You can find an overview of all conditions for the Izola Bank fixed-term deposits below:
Term
Interest rate
Deposit amount
6 months
1.9% (paid Annually)
Max. €100,000
12 months
1.9% (paid Annually)
Max. €100,000
24 months
2.7% (paid Annually)
Max. €100,000
36 months
2.78% (paid Annually)
Max. €100,000
60 months
2% (paid Annually)
Max. €100,000
Who is behind Izola Bank?
Founded in 1994, Izola Bank is a Maltese online bank based in Valletta. It offers financial products for corporate and private customers in Belgium, France, and Malta. With its internet-based approach, the bank focuses on providing low-cost solutions and competitive interest rates.
Izola Bank is wholly owned by the Van Marcke Group, one of Europe's largest wholesalers of sanitary and heating products, based in Kortrijk, Belgium.
How safe is my money with Izola Bank?
Deposits at Izola Bank are insured under Malta's national deposit insurance scheme, which protects up to 100,000 euros per depositor in accordance with EU regulations. Malta has an investment-grade sovereign credit rating of A-.
How can I manage the Festgeld - raisin account?
Your Izola 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 Izola 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 Izola Bank “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with Izola 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 Izola 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 Izola Bank. The desired amount will automatically be transferred from your Raisin reference account to Izola Bank.
About the Author
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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