12 months
1.5% (paid Annually)
Min. €5,000
Max. €100,000
Max. €100,000
Privatbanka Fixed-Term Deposit: Festgeld - raisin Review 2026
In a nutshell:
- The “Festgeld - raisin” is a fixed-term deposit offered by Privatbanka.
- The return on the Privatbanka fixed-term deposit is dependent on the duration of the deposit. The highest interest is 1.5% annually for a duration of 12 months.
- Savings are protected under the national deposit insurance scheme of Slovakia.
Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Privatbanka.
How much interest does the Privatbanka Festgeld - raisin pay?
Privatbanka offers the fixed-term deposit “Festgeld - raisin” in 5 different terms, with an annual percentage yield of 1.50% on all their deposits.
In comparison, the top Festgeld high-yield savings accounts are currently offered by J&T Direktbank (3.5% for 120 months) and Raiffeisenbank Wittelsbacher Land (3.33% for 6 months).
You can find an overview of all conditions for the Privatbanka Privatbanka fixed-term deposits in the following table:
Term
Interest rate
Deposit amount
24 months
1.5% (paid Annually)
Min. €5,000
Max. €100,000
Max. €100,000
36 months
1.5% (paid Annually)
Min. €5,000
Max. €100,000
Max. €100,000
48 months
1.5% (paid Annually)
Min. €5,000
Max. €100,000
Max. €100,000
60 months
1.5% (paid Annually)
Min. €5,000
Max. €100,000
Max. €100,000
Who is behind Privatbanka?
It was the first Slovak bank to focus on private banking for high-net-worth clients. It was founded in 2005. Today, the bank offers its specialized services to both private and business clients from its headquarters in Bratislava. In addition to traditional banking products, Privatbanka offers personalized investment strategies and customized investment solutions.
How safe is my money with Privatbanka?
Deposits held with Privatbanka are protected under the Slovak statutory deposit guarantee scheme (Fond ochrany vkladov), which covers eligible deposits up to 100,000 euros per depositor and bank in line with EU regulations. Slovakia’s sovereign credit rating (around A+) reflects a stable economic environment within the euro area. The deposit protection applies to the total amount held with the bank, including accrued interest.
See all fixed-term deposits
Check our complete list of time money and easily calculate your possible return.
Best interest rates for Festgeld in Germany in April 2026
How can I manage the Festgeld - raisin account?
Your Privatbanka 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 Privatbanka ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.
How can I open the Privatbanka “Festgeld - raisin“?
Opening the "Festgeld - raisin" fixed-term deposit with Privatbanka 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 Privatbanka'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 Privatbanka. The desired amount will automatically be transferred from your Raisin reference account to Privatbanka.
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).
Some of the links are promotional links. You help to keep this site running, as I gain a small commission for each purchase. It does not come at any cost to you.
