Increase in Fixed-Rate Interests by Postbank and Deutsche Bank - Is the Benefit Justified?
In the current financial landscape, individuals seeking a secure and profitable avenue for their savings have two promising opportunities with Postbank, Deutsche Bank, and Klarna. These traditional banks, along with Klarna, a digital-focused financial institution, offer fixed-term deposit options with solid interest rates, flexible terms, and good deposit protection.
Postbank's fixed-rate savings provide a fixed interest rate of 2.0% per year for a one-year term. This interest rate remains consistent throughout the entire term, and the minimum deposit required for this offer is €2,500. If the deadline to cancel the savings is missed, the amount will be automatically reinvested at the then-valid interest rate for the same investment period.
Deutsche Bank offers the same fixed-rate savings as Postbank, with a stable 2.0% interest rate per year, but only for new money deposits. The conditions for these savings are identical to those at Postbank.
Klarna offers more flexibility in terms of investment periods, with choices ranging from three months to 48 months. The interest rates for Klarna's fixed-term savings start at 2.0% p.a. for a three-month term and go up to 2.8% p.a. for a 48-month term. The minimum deposit for Klarna's fixed-term deposit is not specified.
For those interested in longer-term investments, Klarna offers a particularly attractive option via Raisin, a savings marketplace. As of August 2025, Klarna offers a fixed-term deposit interest rate of approximately 2.52% for a 4-year fixed term, with a minimum deposit of €500. Postbank and Deutsche Bank's specific fixed-term deposit rates were not found in these search results, but the provided comparison with other banks through Raisin shows rates like 2.75% for 5 years with Aareal Bank and 2.68% for 3 years with Privatbanka.
It is essential to note that Klarna's presence in savings is relatively new and primarily through partnership channels. Deposits at Klarna are secured up to €100,000 through the Swedish deposit insurance, while German deposit insurance up to €100,000 is available for deposits at Postbank.
In conclusion, Klarna's fixed deposit rates through Raisin are competitive within the current savings market, but Postbank and Deutsche Bank's exact offers require checking their direct websites or contacting them, as this data was not captured in the search results. Interest is credited annually or at the end of the fixed-term period at Postbank, and if you want to access your money before the end of the fixed-rate period, you must cancel the savings deposit at least three months beforehand.
What are the interest rates offered by Klarna for its fixed-term savings, and how does it compare to traditional banks like Postbank and Deutsche Bank?Klarna's fixed-term deposit interest rate is approximately 2.52% for a 4-year fixed term with a minimum deposit of €500, while Postbank and Deutsche Bank's specific fixed-term deposit rates were not found in the search results.