GEFA Bank Flexible Savings Account: GEFA TagesGeld Review 2026
In a nutshell:
- The “GEFA TagesGeld” is a flexible savings account offered by GEFA Bank.
- It pays a top interest rate of 1.9% annually.
- Savings are protected under the national deposit insurance scheme of Germany.
Find all the details about the GEFA Bank Tagesgeld in our frequently asked questions below.
How much interest does the GEFA Bank GEFA TagesGeld pay?
GEFA Bank offers the flexible savings account "GEFA TagesGeld" with annually interest payouts. The regular interest rate is 1.9%. You must maintain a balance of at least 10,000 euros and at most 500,000 euros.
In comparison, the best high-yield savings accounts for Tagesgeld are currenty offered by Consorsbank (3.4%) and Santander (3.3%).
Figure out in a few seconds how much return you can earn with your flexible savings account by GEFA Bank by entering your savings amount and duration in our interest calculator:
GEFA Bank
GEFA TagesGeld
1.90%
annual percentage yield
Who is behind GEFA Bank?
GEFA Bank is a German specialist bank focused on equipment and vehicle financing for businesses and corporate customers. Part of the Crédit Agricole group – France’s second-largest financial provider – GEFA offers leasing, installment loans, and financing solutions rather than broad retail deposit products. However, they also offer savings accounts to private consumers.
How safe is my money with GEFA Bank?
As a German credit institution, GEFA Bank’s eligible deposits are protected via Germany’s statutory deposit guarantee (Entschädigungseinrichtung deutscher Banken) up to 100,000 euros. Germany’s credit rating is AAA, the highest possible. Moreover, clients enjoy the reputation and backing of the internationally known Crédit Agricole group.
See all Tagesgeld options
Check our complete list of deposits and quickly calculate your possible return.
How can I manage the GEFA TagesGeld account?
GEFA Bank’s services are only available in German. The can be managed via the web interface. There is no dedicated mobile app, except for TAN generation, which ensures secure money transfers. For any questions regarding GEFA’s bank, there is a hotline, contact e-mail, and online banking contact form.
How can I open the GEFA Bank GEFA TagesGeld?
To open a GEFA Bank bank, you require a German residency, German tax number (ID), and must be at least 18 years old. The identification process can exclusively be done online via webcam. For this, you require a valid ID or passport from Germany, Belgium, Denmark, France, Finland, Greece, Great Britain, Italy, Canada, Kosovo, Croatia, Lithuania, Netherlands, Norway, Austria, Portugal, Poland, Romania, Sweden, Switzerland, Serbia, Spain, Czechia, Turkey, or the USA. For payouts from your , you require a current account with a German IBAN (bank account number starting with DE).
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