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Renault Bank direkt Fixed-Term Deposit: Festgeld Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits Renault Bank direkt Festgeld

Christian - German Expat Banking & Connectivity Expert

Last updated on

In a nutshell:

  • The “Festgeld” is a fixed-term deposit offered by Renault Bank direkt.
  • The return on the Renault Bank direkt fixed-term deposit is dependent on the duration of the deposit. The highest interest is 3% annually for a duration of 60 months.
  • Savings are protected under the national deposit insurance scheme of France.

Find all the details and rates below in our frequently asked questions on the fixed-term deposit by Renault Bank direkt.

How much interest does the Renault Bank direkt Festgeld pay?

Renault Bank direkt offers the fixed-term deposit “Festgeld” in 5 different terms, with annual percentage yields ranging from 2.75% to 3.00%. The highest interest is paid for the 60-month fixed-term deposit.

In comparison, the top Festgeld high-yield savings accounts are currently offered by Achmea Bank (3.6% for 120 months) and J&T Direktbank (3.5% for 120 months).

You can find an overview of all conditions for the Renault Bank direkt Renault Bank direkt fixed-term deposits in the following table:

Term

Interest rate

Deposit amount

Who is behind Renault Bank direkt?

Renault Bank direkt is the German online bank of the Renault Group and a division of RCI Banque SA. Founded in 1924, RCI Banque SA is a wholly-owned subsidiary of the car manufacturer Renault SAS and offers automotive financial services in around 40 countries worldwide. They also offer retail banking and savings services to private customers in Germany. Renault Bank direkt markets itself as a reliable, no-frills option for savers who want flexible access to their funds while benefiting from solid banking infrastructure.

How safe is my money with Renault Bank direkt?

Customer deposits at Renault Bank direkt are protected by the statutory deposit insurance scheme under EU and French law, which guarantees coverage of up to 100,000 euros per bank and per depositor. France is the second-largest economy in the EU and has an A+ credit rating.

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 August 2026

 

How can I manage the Festgeld account?

You manage the Festgeld via Renault Bank direkt's online-banking portal or the dedicated banking app "Renault Bank direkt Banking" for iOS and Android. You also need the "SecureGo+ Renault Bank direkt" application to confirm transactions securely.

Through these digital channels, you can view balances, make transfers to/from your linked reference account, receive digital statements, and handle account settings. Support is available via live chat, e-mail, or the online banking postbox. The web interface is entirely in German, and the mobile app also supports English.

How can I open the Renault Bank direkt “Festgeld“?

To open the Festgeld, you apply online via the Renault Bank direkt website. You require a German reference current account with a German IBAN for payouts, as well as a German residence and postal address. You must be at least 18 years old; however, there are separate savings options for minors (U18). Moreover, you need a mobile device to use the application to generate secure transaction codes (TAN). Identity verification for the Renault fixed-term deposit is handled digitally (via VideoIdent or electronic German "eID") or at a post office branch (PostIdent). After registration, you will receive the final legitimation pin code by post.

Click here to get your Renault Bank direkt fixed-term deposit!

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 our passion and hobby. However, we 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. We do not take responsibility for the accuracy and up-to-dateness of the data (§18 ZKG).

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