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Novum Bank Fixed-Term Deposit: Festgeld - raisin Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits Novum Bank Festgeld – raisin

Christian

Last updated on

In a nutshell:

  • The “Festgeld - raisin” is a fixed-term deposit offered by Novum Bank.
  • The return on the Novum Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is % annually for a duration of 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 Novum Bank.

How much interest does the Novum Bank Festgeld - raisin pay?

Novum Bank offers the fixed-term deposit “Festgeld - raisin”

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 Novum Bank Novum Bank fixed-term deposits in the following table:

Term

Interest rate

Deposit amount

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Who is behind Novum Bank?

Novum Bank was founded on the island of Malta in June 2009 under the name VoiceCash Bank Limited. It is a private credit institution holding a full banking license along with an e-money license for the European SEPA area.

Novum Bank operates as a provider of mini-loans in Spain, Germany, Austria, and Denmark under its Cashper brand. In addition, the bank offers various card solutions (credit, prepaid debit) in Germany through its Mastercard issuing license.

How safe is my money with Novum Bank?

Deposits at Novum Bank are safeguarded by Malta's national deposit insurance scheme, which protects up to 100,000 euros per depositor, in accordance with EU regulations. Malta holds an investment-grade sovereign credit rating of A-, reflecting a stable financial environment.

Novum Bank 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 Novum 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 Novum 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 Novum Bank “Festgeld - raisin“?

Click here to get your Novum Bank 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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