6 months
1.75% (paid Annually)
Min. €2,500
Santander Fixed-Term Deposit: Festgeld Review 2026
In a nutshell:
- The “Festgeld” is a fixed-term deposit offered by Santander.
- The return on the Santander fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.5% annually for a duration of 48 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 Santander.
How much interest does the Santander Festgeld pay?
Santander offers the fixed-term deposit “Festgeld” in 9 different terms, with annual percentage yields ranging from 1.75% to 2.50%. The highest interest is paid for the 48-month fixed-term deposit.
You can find an overview of all conditions for the Santander fixed-term deposits below:
Term
Interest rate
Deposit amount
12 months
1.95% (paid Annually)
Min. €2,500
24 months
2.15% (paid Annually)
Min. €2,500
36 months
2.35% (paid Annually)
Min. €2,500
48 months
2.5% (paid Annually)
Min. €2,500
60 months
2.25% (paid Annually)
Min. €2,500
72 months
2.25% (paid Annually)
Min. €2,500
84 months
2.25% (paid Annually)
Min. €2,500
96 months
2.25% (paid Annually)
Min. €2,500
Who is behind Santander?
Santander in Germany operates under the Santander Consumer Bank and Santander Bank brands and is part of the Spain-based Banco Santander group. The group is a leading international banking conglomerate with approximately 165 million clients. The bank offers retail banking, consumer finance, mortgages, savings, and investment products across many countries. In Germany, Santander focuses on consumer lending and retail banking services.
How safe is my money with Santander?
Santander Germany’s deposits are protected under the statutory German deposit guarantee (Entschädigungseinrichtung deutscher Banken) up to 100,000 euros per depositor. This German protection scheme is considered one of the most reliable worldwide, as Germany holds the top AAA credit rating.
As part of a global group, the bank benefits from parent-group oversight and consolidated regulatory supervision.
How can I manage the Festgeld account?
Santander customers use online banking and mobile apps (iOS/Android) to manage the fixed-term deposit, with telephone support, secure messaging, and local branch networks available for additional services. The web interface and customer service are only available in German. The smartphone application can be used in German and English to manage the Festgeld. When visiting a branch, the availability of foreign-language skills may depend on the individual clerk.
How can I open the Santander “Festgeld“?
Account opening for Santander’s fixed-term deposit and German retail products can be performed online or in a branch. The process includes identity verification via VideoIdent online or personal identification at a Santander branch or in a post office via PostIdent. Applicants of the German Festgeld must meet the age requirements of 18+ years and have their residency in Germany.
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