Comdirect offers revised terms for current clients: Daily high-interest earnings now available
In the world of savings accounts, German banks like Comdirect and DKB are making headlines for their competitive offerings. However, it's essential to understand that the interest rates offered can differ for new and existing customers.
A comprehensive comparison of savings accounts in Germany, including those from Comdirect and DKB, can be found on platforms like TheBanks.eu. This resource provides a detailed comparison table, highlighting annual interest rates, deposit terms, and key features. Interest rates for German savings accounts typically range between 1.38% and 3.60% per annum, but for the most precise and up-to-date information, it's recommended to check the banks' own websites or dedicated comparison tools.
Both Comdirect and DKB offer free current accounts with Visa cards, and while these are primarily current accounts, they also provide savings accounts with competitive interest rates. The account opening requirements differ slightly: DKB requires residence in Germany, Austria, or Switzerland (with exceptions for German citizens abroad), while Comdirect allows account opening from abroad if you have a German connection and language skills.
It is crucial to remember that interest earned on savings accounts for residents in Germany is subject to a 26% withholding tax, automatically deducted by the bank. This affects the net yield.
Comdirect, a subsidiary of Commerzbank, is offering high-interest savings accounts for existing customers, although the current promotion does not mention a specific interest rate. The offer may be attractive for those who want to keep all their finances in one place.
However, for new customers, Comdirect is currently offering an interest rate of 2.75% for a limited period. This offer applies to amounts up to one million euros on the Tagesgeld PLUS account at Comdirect, and internal transactions and those from Commerzbank and Onvista do not count towards this offer. The interest rate offered is 3.0% for a period of 30 weeks. This promotion is available until November 25th.
While the offer from Comdirect is noteworthy, it's important to note that there are currently opportunities to get even higher interest rates from other banks. For more information on such offers, see the BÖRSE ONLINE Tagesgeldvergleich.
It's also worth mentioning that both Comdirect and DKB's offers are similar in nature, but specific rates for savings accounts vary, and it's crucial to verify rates and terms case-by-case.
In conclusion, for those looking to maximise their savings in Germany, platforms like TheBanks.eu provide a valuable resource for comparing savings account interest rates. With competitive rates and a range of options available, making an informed decision can help you make the most of your savings.
Personal-finance enthusiasts may find it beneficial to compare savings accounts from German institutions like Comdirect and DKB, as they offer competitive rates. For instance, Comdirect currently offers an interest rate of 2.75% for new customers on their Tagesgeld PLUS account, while DKB offers interest rates that can differ for new and existing customers.
