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Volksbank Rhein-Ruhr Fixed-Term Deposit: Festgeld - raisin Review 2026

Settle in Germany Banking Savings Fixed-Term Deposits Volksbank Rhein-Ruhr Festgeld – raisin

Christian

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In a nutshell:

  • The “Festgeld - raisin” is a fixed-term deposit offered by Volksbank Rhein-Ruhr.
  • The return on the Volksbank Rhein-Ruhr fixed-term deposit is dependent on the duration of the deposit. The highest interest is 2% annually for a duration of 24 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 Volksbank Rhein-Ruhr.

How much interest does the Volksbank Rhein-Ruhr Festgeld - raisin pay?

Volksbank Rhein-Ruhr offers the fixed-term deposit “Festgeld - raisin” in 3 different terms, with annual percentage yields ranging from 1.70% to 2.00%. The highest interest is paid for the 24-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 Volksbank Rhein-Ruhr Volksbank Rhein-Ruhr fixed-term deposits in the following table:

Term

Interest rate

Deposit amount

Who is behind Volksbank Rhein-Ruhr?

Volksbank Rhein-Ruhr eG was founded in 1864 and is one of the largest cooperative banks in the German state of North Rhine-Westphalia. It is headquartered in Duisburg and has further branches in the Rhein-Ruhr region.

In its day-to-day operations, Volksbank Rhein-Ruhr eG is guided in particular by the cooperative principle, which is based on the values of fairness, trust, humanity, and tolerance. Its services include cooperative financial advice as well as a wide range of financing, retirement planning, and insurance solutions.

How safe is my money with Volksbank Rhein-Ruhr?

Volksbank Rhein-Ruhr deposits are covered through a two-tier system: The statutory deposit protection of up to 100,000 euros per customer. Clients benefit from Germany's fiscal strength, underscored by the highest available sovereign credit rating, AAA.

Moreover, Volksbank Rhein-Ruhr follows the voluntary protection scheme of the National Association of German Cooperative Banks (BVR), in particular the BVR Institutssicherung GmbH. It practically protects unlimited deposits by providing mutual support among institutions. This system provides comprehensive protection that exceeds the statutory limit.

Volksbank Rhein-Ruhr Festgeld – raisin

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 Volksbank Rhein-Ruhr 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 Volksbank Rhein-Ruhr ’s own systems or require additional apps or credentials for any administrative steps related to the fixed-term deposit.

How can I open the Volksbank Rhein-Ruhr “Festgeld - raisin“?

Opening the "Festgeld - raisin" fixed-term deposit with Volksbank Rhein-Ruhr 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 Volksbank Rhein-Ruhr'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 Volksbank Rhein-Ruhr. The desired amount will automatically be transferred from your Raisin reference account to Volksbank Rhein-Ruhr.

Click here to get your Volksbank Rhein-Ruhr 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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