Raisin Bank January 17: 3.2% Leads Savings Rates as Deposit War Heats Up
Raisin Bank sets the pace at 3.2% on daily savings with a three-month guarantee, putting German savings rates back in focus. As of January 17, new-customer offers from Comdirect and Autobank reach 3.0%, signaling deposit competition 2026 is intensifying. For savers in Germany, this brings richer short-term yields but more fine print. We explain what the lead implies, how rivals compare, and simple steps to lock in value while keeping access, safety, and taxes in mind.
Raisin Bank at 3.2%: where the top rate stands today
Raisin Bank currently advertises 3.2% on a daily savings account with a three-month guarantee for the headline rate. According to Handelsblatt’s comparison for 2026, the offer sits at the top of the market. After the guaranteed period, the ongoing rate can change, so the effective yield depends on how long you intend to park cash and what the follow-on rate becomes.
Rivals are moving fast. Comdirect lifted its new-customer daily savings rate up to 3.0%, as reported by n-tv. Autobank is also at 3.0% on daily savings, paying interest monthly. These promotions narrow the gap to the 3.2% leader, but terms such as guarantee windows and reversion rates differ. The best choice depends on your time horizon and need for instant access.
Deposit competition 2026: what is driving the move
German banks are competing harder for retail deposits to secure reliable funding at a time of uncertain rate paths. Promotional daily savings draw in fresh balances quickly and can be adjusted later. Raisin Bank’s 3.2% pushes peers to respond with higher new-customer offers, raising acquisition costs. The tactic helps build relationships, but it can be costly if balances churn when the teaser ends.
Higher deposit rates lift funding costs. If loan yields or fee income do not rise in step, net interest margins can compress. That risk grows when banks keep raising teaser rates to defend market share. In 2026, close rate watching matters. If the top of the table holds near 3% plus, lenders may see lower profitability, especially in retail-heavy models.
How to compare new-customer offers in Germany
Start with the guarantee period and the published ongoing rate after it ends. Calculate your expected interest for the time you plan to keep funds. Check how often interest is credited, because monthly crediting can lift the effective yield slightly. With Raisin Bank at 3.2% for three months, the after-period rate is key to your true return.
Confirm your money is covered by the statutory deposit guarantee up to 100,000 euros per depositor and bank. Review access rules, daily limits, and transfer times. Watch for onboarding or account fees, though most daily savings accounts in Germany are free. If you need quick liquidity, keep an eye on any notice periods or temporary rate conditions.
Simple ways to capture German savings rates
Consider splitting cash across two or three accounts with different guarantee dates. Set calendar reminders one week before each teaser ends. Compare the then-current leaderboard. If Raisin Bank still leads, you can stay. If not, move to the next best rate. This approach helps you preserve access while avoiding long stretches at a low reversion rate.
Use a Freistellungsauftrag so interest up to your saver’s allowance is not taxed at the source. Keep records of credited interest and closing balances for your return. Confirm IBAN details before transfers to avoid delays. If you open an account via a marketplace, keep the confirmation emails and product sheets so you can track any later rate change.
Final Thoughts
Raisin Bank’s 3.2% daily savings rate with a three-month guarantee now anchors the top of the German tables, while 3.0% from Comdirect and Autobank shows how deposit competition 2026 is building. For savers, this is positive, but the details matter. Treat the teaser as step one. Estimate your return over your planned holding period, check the reversion rate, and confirm deposit protection and access rules. Set reminders to reassess before any reset date. With a simple, active routine, you can keep cash productive, avoid slipping back to lower rates, and benefit from a stronger, more competitive savings market in Germany.
FAQs
Is the 3.2% at Raisin Bank fixed for the whole year?
No. The headline rate is guaranteed for three months. After that period, the rate is variable and can change. Always read the current product sheet and pricing notes before funding, and set a reminder to review the account shortly before the guarantee window ends.
Are the 3.0% deals only for new customers?
Often yes. Comdirect’s move to 3.0% was framed as a new-customer offer. Such promotions typically revert to a standard variable rate after the guarantee period. Check eligibility, timing, and what happens next, because the ongoing rate drives your return beyond the teaser window.
How safe are daily savings accounts in Germany?
Deposits are protected by the statutory deposit guarantee scheme up to 100,000 euros per depositor and bank. Confirm the bank’s country of guarantee and product terms. While safety is strong, always keep documentation and avoid exceeding the protected limit at a single institution.
What is the quickest way to compare offers?
Focus on four items: guarantee length, the rate after the guarantee, crediting frequency, and access rules. Note any fees. Use current bank pages or trusted comparisons, then calculate your likely interest for your planned holding period, not just the teaser period.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
