What is Raisin Bank offering right now?

Raisin Bank is leading with around 3.2% on daily savings, alongside select fixed‑term products that can reach higher yields. Offers change frequently, so check current rates and post‑promo base rates before moving funds. Always confirm caps, new‑money rules, and any changes in terms.

Is the Comdirect 3% rate a good deal for savers?

The Comdirect 3% rate for six months is competitive for short‑term cash. On €20,000, that’s roughly €300 gross over the teaser period. Compare the post‑teaser base rate, any balance caps, and your liquidity needs. If you need longer certainty, a competitive one‑year fixed term may pay more.

How does this deposit war affect German bank stocks?

Higher promo rates lift funding costs and can compress net interest margins. Retail‑focused banks may feel more pressure if a large share of deposits migrates to high‑yield accounts. Watch management guidance on NIM, deposit betas, and retention after teaser periods to gauge the earnings impact into 2026.

What should German savers check before switching accounts?

Confirm the headline rate, teaser duration, balance caps, and whether the offer applies only to new money. Review tax treatment on interest and ensure you stay within the €100,000 statutory deposit guarantee per bank. Set reminders for teaser expiry so you can reassess rates and terms promptly.

Are fixed‑term deposits better than daily savings now?

It depends on your time horizon. Daily savings offer flexibility and competitive rates near 3%+. Fixed‑term deposits may pay more, but you lock funds. Compare annualized yields, consider your cash needs, and split funds if helpful. Recheck rates often, as promotions and base rates can change quickly.

Global Market Insights

January 18: Raisin Bank Leads 3%–4.25% Savings War, Margins at Risk

ByDanny Kontos January 19, 2026

Raisin Bank is setting the pace in Germany’s deposit war, offering around 3.2% on daily savings while rivals like Comdirect tempt customers with a 3% six‑month teaser. German savings rates at 3% to 4.25% are pulling cash into high‑yield accounts and away from low‑paying deposits. For retail investors, this shift brings better returns but also signals higher funding costs for banks. We explain how these offers work, what to watch, and why net interest margins could stay under pressure into early 2026.