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PSD Bank Nürnberg Fixed-Term Deposit: PSD FestGeld Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits PSD Bank Nürnberg PSD FestGeld

Christian

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In a nutshell:

  • The “PSD FestGeld” is a fixed-term deposit offered by PSD Bank Nürnberg.
  • The return on the PSD Bank Nürnberg fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.71% annually for a duration of 96 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 PSD Bank Nürnberg.

How much interest does the PSD Bank Nürnberg PSD FestGeld pay?

PSD Bank Nürnberg offers the fixed-term deposit “PSD FestGeld” in 5 different terms, with annual percentage yields ranging from 2.41% to 2.71%. The highest interest is paid for the 96-month fixed-term deposit.

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 PSD Bank Nürnberg PSD Bank Nürnberg fixed-term deposits in the following table:

Term

Interest rate

Deposit amount

Who is behind PSD Bank Nürnberg?

PSD Bank Nürnberg eG is a German cooperative bank headquartered in Nuremberg and part of the PSD Bank group, which dates back to the 19th century. Founded in 1936, the bank serves private customers with a broad range of retail banking products, including current accounts, savings accounts, loans, and real estate financing. As a cooperative institution, it is owned by its members and focuses on long-term customer relationships, stability, and transparency. In addition to traditional banking services, PSD Bank Nürnberg offers digital access to savings products such as Tagesgeld and fixed-term deposits, combining regional roots with modern online banking solutions.

How safe is my money with PSD Bank Nürnberg?

Deposits with PSD Bank Nürnberg are protected under Germany’s statutory deposit guarantee scheme up to 100,000 euros per depositor and bank in accordance with EU law. Germany’s sovereign credit rating is very strong (AAA), supporting confidence in the stability of the banking system and deposit protection framework. In addition, the bank is part of the institutional protection scheme of the German cooperative banking sector (BVR), which aims to prevent insolvencies and effectively provides protection beyond the statutory minimum.

PSD Bank Nürnberg PSD FestGeld

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 PSD FestGeld account?

The with PSD Bank Nürnberg is managed via the bank’s online banking platform and mobile banking solutions. Customers can view balances, monitor interest accrual, transfer funds, and more at any time.

Customer service for the PSD fixed-term deposit is available via chat (WhatsApp), telephone and email, with support primarily provided in German. The mobile app is also delivered in English.

How can I open the PSD Bank Nürnberg “PSD FestGeld“?

The at PSD Bank Nürnberg can be opened via a fully online application process on the bank’s website. Applicants must be at least 18 years old and have their residence in Germany. They also need a valid mobile phone number.

For the PSD Bank fixed-term deposit, identity verification is carried out using recognised procedures, such as an online video call (VideoIdent), a digital German ID (eID), or AI-supported processing of your ID and photo (AutoID). A reference current account with a valid IBAN is required for deposits and withdrawals.

Click here to get your PSD Bank Nürnberg 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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