Bei der Geldanlage im Ausland können sich Sparer gute Festgeldzinsen sichern. Bild: getty, Farizun Amrod / EyeEm
| Bank | Country (credit rating) | Duration | Rate | Interest income |
|---|---|---|---|---|
| TFBank | Sweden (AAA) | 1 Jahr | 4,00 % | 400,00 € |
| Creditplus | Germany (AAA) | 1 Jahr | 3,85 % | 385,00 € |
| Izola Bank | Malta (A-) | 2 Jahre | 3,80 % | 774,44 € |
| Creditplus | Germany (AAA) | 2 Jahre | 3,65 % | 552,47 € |
| Sistema | Italy (BBB) | 3 Jahre | 4,22 % | 1.320,00 € |
| Creditplus | Germany (AAA) | 3 Jahre | 3,40 % | 1.055,07 € |
Why Interest Rates Are Higher Abroad
German savers are often hesitant to invest their money in foreign banks. However, this caution is often unwarranted. Foreign financial institutions frequently offer attractive interest rates to compete for German investors. Additionally, other economic factors also play a role in contributing to these higher rates.
Always Invest at the Best Rate – with the DC INVEST Investment Account:
Do you want the ability to switch to the highest interest rate overnight deposit at any time? Or would you like to reinvest your fixed-term deposit at the best rate as easily as possible at the end of its term? With the DC INVEST investment account, you can manage your overnight and fixed-term deposit accounts with numerous European banks through a single access point.
Your Benefits with the DC INVEST Investment Account at a Glance:
✓ A single password for all your overnight and fixed-term deposits made through the DC Invest AG investment account.
✓ No re-identification necessary when switching to another overnight deposit through the DC Invest AG investment account.
✓ German customer service and free expert advice, no matter where you invest money through DC Invest AG.
Why Fixed-Term Deposits Are Particularly Safe
These Country Ratings Offer the Highest Security
When comparing offers for overnight or fixed-term deposits, it is important to know in which country the bank is located to assess the creditworthiness of that EU member state. The ratings provided by agencies such as Standard & Poor’s (S&P) serve as a helpful criterion.
Countries like Germany, Sweden, or the Netherlands are currently rated AAA by S&P and therefore offer the greatest security for savers. However, investment countries like Latvia or Malta also have above-average credit ratings of A+ and A-. Often, banks in these countries provide a good combination of attractive interest rates alongside solid national creditworthiness.
Important to Note: To protect against insecure investments, all recommended overnight and fixed-term deposit accounts come from banks located in countries rated at least BB- by S&P.
The Role Exchange Rates Can Play in Investments
Even within the European Union, there are countries that do not use the euro as their national currency. When savers invest their money there in national currency overnight or fixed-term deposit accounts, actual returns can be significantly influenced by fluctuating exchange rates in foreign exchange markets. If a currency loses value during the term of a fixed-term deposit, the amount paid out—including interest—could be lower than the original euro amount deposited after conversion.
To protect savers from such currency risks, all recommended overnight and fixed-term investments are always made in euros. No conversion into local currency takes place. This applies even to banks from countries like Sweden, where the euro is not the official currency. Therefore, investors need not worry about exchange rate fluctuations.
How Savers Can Find the Right Term
To avoid leaving larger sums uninvested in a current account, an overnight deposit account with a foreign bank can still provide a good alternative where investors can access their savings at any time. However, savers achieve better returns when they entrust their money to banks for a longer period.
