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J&T Direktbank Fixed-Term Deposit: Festgeld Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits J&T Direktbank Festgeld

Christian

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In a nutshell:

  • The “Festgeld” is a fixed-term deposit offered by J&T Direktbank.
  • The return on the J&T Direktbank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 3.05% annually for a duration of 60 months.
  • Savings are protected under the national deposit insurance scheme of the Czech Republic.

Find all the details and rates below in our frequently asked questions on the fixed-term deposit by J&T Direktbank.

How much interest does the J&T Direktbank Festgeld pay?

J&T Direktbank offers the fixed-term deposit “Festgeld” in 9 different terms, with annual percentage yields ranging from 2.50% to 3.05%. The highest interest is paid for the 120-month fixed-term deposit.

You can find an overview of all conditions for the J&T Direktbank fixed-term deposits below:

Term

Interest rate

Deposit amount

120 months

3.05% (paid Annually)

Min. €5,000
Max. €250,000
Check details

Who is behind J&T Direktbank?

J&T Direktbank is the German branch of J&T Banka, a Czech private and investment bank. It was founded in 1998 and is now one of the top 10 banks in the Czech Republic.

In Germany, the bank focuses primarily on savings and deposit products for retail customers, including Tagesgeld and fixed-term deposits, offered through a streamlined online platform. J&T Direktbank targets savers who value attractive interest rates combined with a straightforward, digital banking experience.

How safe is my money with J&T Direktbank?

Deposits at J&T Direktbank are protected under the Czech statutory deposit guarantee scheme "Garanční systém finančního trhu", which covers eligible deposits up to 100,000 euros per depositor and bank in accordance with EU law. The Czech Republic has a solid sovereign credit rating of "AA-", reflecting a stable economic environment within the European Union.

How can I manage the Festgeld account?

The J&T Direktbank Festgeld is managed through the bank’s online banking portal or mobile application, which allows customers to view balances, track interest accrual, transfer funds to the linked reference account, and use the online inbox. The web interface is provided in German, the mobile application is also available in English.

Customer service for the J&T Direktbank fixed-term deposit is available via telephone, chat, and email.

How can I open the J&T Direktbank “Festgeld“?

The "Festgeld" at J&T Direktbank can be opened via a fully online application process on the bank’s website. You must be at least 18 years old, have a registered place of residence in Germany, and not be liable for US tax. You also need a checking account with a German bank or a bank with a branch in Germany (IBAN starting with DE) as a reference account for payouts. You should have a smartphone and a valid email address.

As part of the legitimation process for the fixed-term deposit, identity verification is carried out using a digital German ID card (eID), online video call (VideoIdent), or visiting a post office (PostIdent). You require a valid ID or passport.

Click here to get your J&T Direktbank 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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