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TF Bank Fixed-Term Deposit: TF Bank Festgeldkonto Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits TF Bank TF Bank Festgeldkonto

Christian

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In a nutshell:

  • The “TF Bank Festgeldkonto” is a fixed-term deposit offered by TF Bank.
  • The return on the TF Bank fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2.35% annually for a duration of 12 months.
  • Savings are protected under the national deposit insurance scheme of Sweden.

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

How much interest does the TF Bank TF Bank Festgeldkonto pay?

TF Bank offers the fixed-term deposit “TF Bank Festgeldkonto” with an annual percentage yield of 2.35% and a term of 12 months.

You can find an overview of all conditions for the TF Bank fixed-term deposits below:

Term

Interest rate

Deposit amount

Who is behind TF Bank?

Founded in 1987, TF Bank is a Swedish online bank specializing in consumer banking and financial services. In 2012, TF Bank obtained an official Swedish Banking license from the national supervisory authorities. For German customers, its portfolio includes credit cards and savings accounts. With a presence across several European markets, TF Bank focuses on accessible online and competitive products adapted to local needs.

How safe is my money with TF Bank?

Deposits at TF Bank are protected under Sweden’s statutory deposit guarantee scheme, which guarantees eligible deposits up to 1,050,000 Swedish Crowns (depending on the exchange rate, equal to between 90,000 and 100,000 euros) per depositor and bank. Sweden has the strongest sovereign credit rating (AAA), reflecting robust economic and financial fundamentals that support the banking sector’s stability.

How can I manage the TF Bank Festgeldkonto account?

The TF Bank Festgeldkonto can be managed through the bank’s online banking portal and mobile application (Android or iOS). They allow you to view balances, perform transfers between accounts, download documents, and more. The website, online banking, and account opening form are in German. TF Bank’s mobile app has an English version, too.

Customer support is accessible via telephone and email, with service primarily offered in German and possible additional language support depending on availability.

How can I open the TF Bank “TF Bank Festgeldkonto“?

You can complete the online form to get the TF Bank fixed-term deposit online via the bank’s website. According to the formal opening requirements"TF Bank Festgeldkonto", you must be at least 18 years of age, have a German address and mobile phone number, and a current account with another German bank as a reference account to manage withdrawals. The process also includes an identity check, conducted entirely online via a video call. For this, you require a valid ID or passport.

Click here to get your TF Bank 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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