Consorsbank Flexible Savings Account: Tagesgeld Review 2026
In a nutshell:
- The “Tagesgeld” is a flexible savings account offered by Consorsbank.
- It pays a top interest rate of 3.1% annually.
- Savings are protected under the national deposit insurance scheme of France.
Please note that Consorsbank will automatically open a brokerage investment account alongside the flexible savings account. However, it comes free of charge and use is not obligatory.
Find all the details below in our frequently asked questions, or enter your savings amount and duration in our interest calculator below to easily figure out in a few seconds how much return you can earn with your flexible savings account by Consorsbank.
Consorsbank
Tagesgeld
3.10%
annual percentage yield
How much interest does the Consorsbank Tagesgeld pay?
Consorsbank offers the flexible savings account "Tagesgeld" with quarterly interest payouts. The promotional interest rate of 3.1% is valid for 3 months. This interest is applicable for account balances of at most 1,000,000 euros. The regular interest rate is 0.8%.
New customers receive a €100 bonus if a total of €100,000 is deposited into their savings or current account within four weeks of account opening, or a €50 bonus if a total of €50,000 is deposited from another bank account. Further information is available on the provider’s website.
Who is behind Consorsbank?
Consorsbank is the retail banking and broker brand owned by France’s leading bank, BNP Paribas, in Germany. Tracing roots to the 1990s as a direct bank, Consorsbank offers banking and investing products, including current accounts, savings products, a Tagesgeld account, and securities services. As part of BNP Paribas, Consorsbank combines local German services with the backing of a large international banking group.
How safe is my money with Consorsbank?
Consorsbank’s deposits are insured under France’s statutory deposit protection (Fonds de Garantie des Dépôts et de Résolution) up to 100,000 Euro per depositor. The French sovereign credit rating is A+. Additionally, Consorsbank is a voluntary member of the German guarantee scheme „Einlagensicherungsfonds des Bundesverbandes deutscher Banken e. V.“. As a bank within the BNP Paribas group, customers can additionally rely on the group’s overall financial strength and oversight.
How can I manage the Tagesgeld account?
Consorsbank provides online banking and mobile apps (iOS/Android) for checking balances, transferring funds, and managing investments for your Tagesgeld. The web interface is purely German; however, the mobile apps are also delivered in English. Customer service can be contacted by phone, via a secure message on the online portal, or by email.
How can I open the Consorsbank Tagesgeld?
Opening a flexible savings account with Consorsbank is done online. Consorsbank supports digital ID verification (VideoIdent or eID) or personal identification at any Deutsche Post branch. You require standard personal data and proof of identity. Accounts are activated after successful identity checks.
Consorsbank is one of the few banks that allow opening bank accounts with a foreign residential address. For payouts from your Tagesgeld, you require a valid EU current account (SEPA) with a European IBAN.
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