- The “Festgeld” is a fixed-term deposit offered by pbb direkt.
- The return on the pbb direkt fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.75% annually for a duration of 120 months.
- Savings are protected under the national deposit insurance scheme of Germany.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by pbb direkt.
pbb direkt offers the fixed-term deposit “Festgeld” in 5 different terms, with annual percentage yields ranging from 1.00% to 2.75%. The highest interest is paid for the 120-month fixed-term deposit.
You can find an overview of all conditions for the pbb direkt fixed-term deposits below:
Term
Interest rate
Deposit amount
12 months
1% (paid Annually)
The new interest rate applies only to new customers and to existing customers who have not previously deposited capital into savings or fixed-term deposit accounts, up to a total amount of €250,000. The interest rate remains unchanged for existing fixed-term deposit accounts.
24 months
2.2% (paid Annually)
The new interest rate applies only to new customers and to existing customers who have not previously deposited capital into savings or fixed-term deposit accounts, up to a total amount of €250,000. The interest rate remains unchanged for existing fixed-term deposit accounts.
36 months
2.5% (paid Annually)
The new interest rate applies only to new customers and to existing customers who have not previously deposited capital into savings or fixed-term deposit accounts, up to a total amount of €250,000. The interest rate remains unchanged for existing fixed-term deposit accounts.
60 months
2.6% (paid Annually)
The new interest rate applies only to new customers and to existing customers who have not previously deposited capital into savings or fixed-term deposit accounts, up to a total amount of €250,000. The interest rate remains unchanged for existing fixed-term deposit accounts.
120 months
2.75% (paid Annually)
The new interest rate applies only to new customers and to existing customers who have not previously deposited capital into savings or fixed-term deposit accounts, up to a total amount of €250,000. The interest rate remains unchanged for existing fixed-term deposit accounts.
pbb direkt is the direct banking arm of Deutsche Pfandbriefbank (pbb), specialising in property finance and corporate lending. pbb direkt offers selected deposit products and savings accounts to retail customers, leveraging the pbb group’s balance-sheet strength and mortgage-backed funding model.
Deposits with pbb direkt are protected by German deposit protection (Entschädigungseinrichtung deutscher Banken) up to 100,000 Euro. Germany’s credit rating is AAA, the highest possible.
pbb direkt services are only available in German. The Festgeld can be managed via the web interface. There is no dedicated mobile app, except for TAN generation, which ensures secure money transfers. For any questions regarding pbb direkt’s fixed-term deposit, there is a hotline, contact e-mail, and online banking contact form.
You can open a Festgeld or other accounts by pbb direkt online. Identification is required via VideoIdent or PostIdent. Applicants for a pbb direkt fixed-term deposit must reside in Germany. For payouts from your Festgeld, you require a current account with a valid German IBAN. Minors can only open an account with their parent/guardian's support.
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