The Consorsbank daily money account will impress with particularly attractive conditions for new customers in December 2024.
With an interest rate of 3.50% pa on deposits of up to 1,000,000 euros guaranteed for three months, the offer is aimed at investors who would like to benefit from a high interest rate in the short term.
Consorsbank logo (Photo: freepik)
The comprehensive deposit protection and the fact that it is completely free of charge also make the Consorsbank current account a safe and flexible investment option.
Consorsbank daily money: Current interest rates and conditions at a glance
The Consorsbank daily money account is particularly attractive for new customers who want to invest their money flexibly and at short notice. With a Interest rate of 3.50% pa For new customers, it is currently one of the best offers on the market. This special interest rate applies to 6 months and will be used for deposits up to €50,000 granted – ideal if you want to benefit from a fixed, high interest rate.
Another advantage of the Consorsbank daily money is: monthly interest creditwhich uses the compound interest effect.
That means: Your interest will grow even faster thanks to regular crediting. At the same time, your money remains flexible so you can withdraw it at any time if you need it. For larger amounts over €50,000 or after the new customer campaign has expired, you will receive the current variable standard interest rate 0.30% pa.
The account also scores with one free account management and easy management via the Consorsbank app or online banking. Your money is through the Statutory deposit protection up to €100,000 per customer protected – this ensures additional security.
Consorsbank daily money: Current interest rates at a glance
| Interest rate pa | validity | Deposit height | Interest credit | Availability | Account management | |
|---|---|---|---|---|---|---|
| New customers | 3.50% | 6 months | Until €50,000 | Monthly | Available daily | For free |
| Existing customers | 0.30% | Permanent | No limit | Monthly | Available daily | For free |
The Consorsbank daily money account is perfect for New customerswho are looking for a safe and flexible place for their savings. Especially those high 3.50% pa and the monthly interest credit make the offer very attractive for anyone who wants to save in the short term. However, other providers may offer better conditions for long-term investments or existing customers.
If you are still unsure, it is worth comparing with similar offers such as Santander Bank or ING.
When will interest be credited to the Consorsbank current account?
The Consorsbank write the interest for that Current account quarterly good. This means you will receive interest credited to your account every three months. You benefit from this regular credit Compound interest effect.
The interest credited will be compounded in the following quarters, meaning your balance will continually grow.
Sample calculation for new customers:
- Investment amount: €50,000
- Interest rate: 3.50% pa
- Interest credit per quarter:
- Annual interest income: €50,000 × 3.50% = €1,750
- Quarterly interest income: €1,750 ÷ 4 = €437.50
So after the first quarter you will receive €437.50 Interest credited to your account.
In the next quarter, interest will be added to this amount, so that your balance will continue to grow thanks to the compound interest effect.
This quarterly interest credit allows you to grow your savings efficiently while remaining flexible and able to access your money at any time.
Consorsbank daily money: Maximum security for your deposits
The Consorsbank daily money account not only offers you attractive interest rates, but also the highest level of security. Your money is protected by various protection mechanisms that ensure worry-free investment. First of all, the European Union’s statutory deposit protection scheme takes effect. This protects credit up to €100,000 per customerwhich gives you security even in the unlikely event of the bank going bankrupt.
Additionally, Consorsbank is a member Deposit protection fund of the Federal Association of German Banks. This voluntary insurance also covers larger amounts, often up to millions. This is particularly interesting for customers who want to invest larger sums. The bank is also part of the BNP Paribas Groupone of the largest and most financially stable financial institutions in Europe. This strong parent company provides additional stability and reliability.
Consorsbank also impresses with the highest security standards when it comes to online banking. Thanks to encrypted connections and two-factor authentication you can manage your deposits securely at any time. Your money is not only stored safely, but also available flexibly – a decisive advantage for a short-term form of investment such as overnight money.
| Statutory deposit protection | Until €100,000 per customer |
| Additional protection | Deposit protection fund of the Federal Association of German Banks |
| banking group | Part of the BNP Paribas Groupone of the largest banks in Europe |
| Digital security measures | Two-factor authentication, encrypted transactions |
| flexibility | Daily access to deposits, attractive interest rates |
Who is the Consorsbank current account suitable for?
The Consorsbank daily money account is suitable for all those who want their money flexible, secure and with attractive interest rates want to create. It is particularly interesting for New customerswho would like to benefit from an increased interest rate. With 3.50% pa For the first 6 months, Consorsbank is currently one of the best providers on the market – perfect for anyone who wants to park their money at short notice and profitably.
Even if you don’t want to make a long-term commitment, the current account is a good choice. Your credit remains available dailyso you have access to your money at any time – ideal for unexpected expenses or as a financial reserve. The account is particularly attractive for amounts up to €50,000as the high new customer interest rate applies to this sum. The quarterly interest credit also ensures that you achieve more returns through the compound interest effect.
For Existing customers and investors who want to invest their money for the long term, the account is less suitable. After the 6-month new customer phase, the interest rate drops 0.30% pawhich is below the market average. In this case, alternatives such as a fixed-term deposit account or a provider with more stable conditions could be more interesting.
The Consorsbank daily money account is ideal for:
- Short-term investorswhich from the 3-month interest guarantee want to benefit.
- Security-oriented saverswhich value at a high level Deposit insurance place.
- Flexibility-conscious investorsas the credit is available at any time without restrictions.
Consorsbank Tagesgeld experiences: This is what customers say about the offer
The Consorsbank daily money account is used by many customers for its attractive new customer conditions praised. Especially that one Interest rate of 3.50% pa for the first 6 months and the monthly interest credit met with a positive response. For many users this is flexibility a decisive advantage because the money is available at all times and account management remains free.
Customers also appreciate it easy account opening as well as the intuitive operation of the online platform and the Consorsbank app. Transparent communication and the quick processing of inquiries are also often highlighted. However, some existing customers criticize that the interest rate increases after the new customer phase 0.30% pa decreases, making the account less attractive for long-term investors.
In the area Security Consorsbank enjoys great trust. Thanks to the statutory deposit insurance until €100,000 and belonging to BNP Paribas Group Most customers feel well protected.
Consorsbank daily money: experiences at a glance
| New customer interest rate | 3.50% pa is praised as one of the best offers on the market. |
| Interest credit | Monthly – particularly positive because compound interest effect is used. |
| Account opening | Simple and fast, both online and in the app. |
| flexibility | Daily credit availability is estimated. |
| Long term use | Less attractive after the special interest period expires (0.30% pa for existing customers). |
| Security | High level of satisfaction thanks to deposit protection and membership in the BNP Paribas Group. |
| App & online banking | User friendly, easy management. |
| Criticisms | Low interest rate for existing customers, limited attractiveness for long-term savers. |
Consorsbank Tagesgeld: This is how the login works
To get on her Consorsbank daily money account To access, use the Login area on the Consorsbank website. You can find this at the top right of the home page. Click on “Login” and enter your Account number and Online PIN a. You will then be asked to enter a TAN to enter that you are using with the SecurePlus app or one Secure Plus Generator generate.
For even more convenient access, we recommend using the Consorsbank app. With the app you have access to your daily money account anytime, anywhere and can manage your finances flexibly.
Should you get yours Access data If you don’t have it at hand, you can reset it via the website or contact customer service. Always make sure to keep your access data safe and use the ones offered Security proceduresto protect your account.
With these simple steps you have access to your Consorsbank daily money account at any time and can conveniently manage your finances online.
Conclusion: Is the Consorsbank daily money account worth it?
The Consorsbank daily money account is an excellent choice for New customerswho want to invest their money safely and quickly. The attractive interest rate of 3.50% pa for the first 6 months is currently one of the best offers on the market and makes the account ideal for savers who want to benefit from a high interest rate. Those too monthly interest credit is a big plus because you get so much from Compound interest effect can benefit.
Another advantage is that flexible availability of the credit. You can access your money at any time without tying it up long-term. The free account management and the high one Security through statutory deposit protection up to €100,000 make the daily money account particularly attractive for beginners and security-conscious investors.
After the expiry of the 6-month new customer campaign However, the interest rate is noticeable 0.30% pa. This is what the account does for Existing customers less interesting because this value is below the market average. Long-term savers should therefore consider alternatives such as fixed-term deposit accounts or daily money offers with more stable interest rates.
In summary: The Consorsbank daily money account is particularly worthwhile for: New customerswho are looking for a high interest rate for their short-term investments. It impresses with its flexibility, security and easy account management. However, for long-term investments or after the special interest period has expired, a comparison with other providers could make sense.