The new year starts with good news for savers: Current accounts continue to offer attractive interest rates and the selection of offers is large.
Regardless of whether you want to build up short-term reserves or park your money safely – a Daily money account is the perfect solution to combine flexibility and security. But which bank currently offers the best interest rates?
From New customer bonuses up to permanently good conditions for existing customers – there are clear differences. In this article we compare them currently best daily money offers for January 2025 and show you where your money is most worthwhile. Whether it’s high interest rates, quick availability or attractive additional services – we make the decision easy so that you can best offer for your needs find.
In this article we compare them current top offers for daily money and shed light on why providers like:
particularly stand out.
Daily interest rates: Current conditions in direct comparison
Call money accounts are one of the safest and most flexible ways to invest your money in January 2025.
Particularly New customers can of high interest rates of up to 3.50% pa benefit.
Existing customers On the other hand, you often receive lower interest rates, which vary depending on the bank. An important advantage: Your money remains available at all times, and deposits are protected by law at all banks Deposit insurance protected up to €100,000 per person.
The Interest credit depending on the bank either monthly, quarterly or yearlywhich can make a difference to your compound interest.
Some banks also offer Interest rate guaranteeswhich offer you stability for a fixed period of time, while others make the interest rates variable. A look at the Maximum deposits is also crucial as these may be limited for certain offers.
Below you will find the latest conditions of the best-known banks – perfect for choosing the right daily money account for your needs.
| bank | Interest rate for new customers | Interest rate guarantee | Maximum deposit | Interest rate for existing customers | Interest credit | Special features |
|---|---|---|---|---|---|---|
| ING | 3.00% pa | 4 months | €250,000 | 1.25% pa | Yearly | Attractive interest rate for new customers; high deposit protection. |
| DKB | 1.50% pa | Variable | Not specified | 1.50% pa | Variable | Permanently high interest rates for all customers; no deposit limit. |
| Desert red | 1.25% pa | Variable | €500,000 | 1.25% pa | Variable | Easy online management; high deposit protection. |
| Targobank | 2.80% pa | 6 months | €1,000,000 | 0.60% pa | Yearly | Attractive special interest rate for new customers; high flexibility. |
| comdirect | 2.75% pa | 3 months | €1,000,000 | 0.75% pa | Variable | Free account management; easy online management. |
| Consorsbank | 3.50% pa | 3 months | €1,000,000 | 1.00% pa | Variable | High deposit protection; flexible insert height. |
| VW Bank | 3.10% pa | 6 months | Not specified | 1.30% pa (online) | Monthly | Monthly interest credit; high security through deposit protection. |
Current interest rates: Consorsbank offers the highest interest rate
Consorsbank will impress with this in January 2025 highest daily interest rate of 3.50% pa for new customers. This interest rate is valid for a period of 3 months and for deposits up to €1,000,000. This makes Consorsbank currently one of the top providers on the market.
Compared to other banks, Consorsbank offers an attractive combination high interest rate and a solid one Deposit insuranceyour funds up to €100,000 per person protects. The interest rate is as follows for existing customers 1.00% pawhich is also competitive compared to the market average.
The Interest credit is flexible and allows you to access your deposits at any time. Consorsbank is therefore an excellent choice, especially for savers who are looking for a secure investment with high interest rates.
| Interest rate for new customers | 3.50% pa |
| Interest rate guarantee | 3 months |
| Maximum deposit | €1,000,000 |
| Interest rate for existing customers | 1.00% pa |
| Interest credit | Variable, depending on the account |
| Deposit insurance | €100,000 per person protected by statutory deposit insurance |
| Special features | Attractive interest rate for new customers, flexible investment, available at any time |
Example: This is what happens with 5,000 euros in Consorsbank’s daily money
If you 5,000 euros on the Consorsbank daily money account If you deposit, you will benefit as a new customer attractive interest rate of 3.50% pa.
This is how your return could be after the expiry of the 3-month interest guarantee look:
- Insert: €5,000
- Interest rate: 3.50% pa
- Interest rate guarantee: 3 months
This is how much interest you can currently expect:
- Annual interest rate: €5,000 x 3.50% = €175
- Interest for 3 months: €175 ÷ 4 = €43.75
At the end of the 3 months you have 43.75 euros interest earned. These will be credited to your account. After the guarantee period, the interest rate for Existing customers (1.00% pa) applied as long as you continue to leave your money in the account.
Current interest rates: VW Bank with 3.10% for daily money
The Volkswagen Bank is one of the top providers for overnight money in January 2025.
With an interest rate of 3.10% pa For new customers, it is an attractive choice for savers who want a short-term high interest rates want to benefit. The interest rate applies for a period of 6 months and there is no limit on the maximum deposit. After the interest guarantee expires, existing customers will receive 1.30% pawhich is also competitive.
A special advantage is the monthly Interest creditwhich allows you to choose from one Compound interest effect to benefit. Your deposits are also up to €100,000 per person protected by statutory deposit insurance, which offers you maximum security.
The Volkswagen Bank daily money account is ideal for anyone who has one short-term, flexible investment with attractive interest rates. Particularly practical: The account is easy to open and manage online, which makes it quick and easy to use.
Overview: Conditions of VW-Bank daily money
| Interest rate for new customers | 3.10% pa |
| Interest rate guarantee | 6 months |
| Maximum deposit | No limit |
| Interest rate for existing customers | 1.30% pa |
| Interest credit | Monthly |
| Deposit insurance | €100,000 per person protected by statutory deposit insurance |
| Special features | Attractive interest rate, monthly interest credit, flexible deposit amount |
Why Consorsbank and VW Bank are convincing in a daily money comparison
The Consorsbank and the Volkswagen Bank are among the best providers in the overnight money sector in January 2025. Both banks are convincing high interest rates for new customers and solid conditions, but differ in some important ways. Here’s a comparison to help you make the best choice.
The Consorsbank offers with 3.50% pa for new customers the highest interest rate currently on the market, but only for 3 months. The Volkswagen Bank lies with 3.10% pa just below, but offers a longer Interest rate guarantee of 6 months. While the Consorsbank a maximum deposit of €1,000,000 determines, has the Volkswagen Bank no limit, which makes them particularly attractive for large deposits.
A big difference lies in the Interest credit: Volkswagen Bank pays the interest monthly from what one Compound interest effect enabled. Consorsbank, on the other hand, handles the credit variably. Both banks score points with the legal requirements Deposit insurance up to €100,000.
Overview: Direct comparison of Consorsbank vs. Volkswagen Bank
| Consorsbank | Volkswagen Bank | |
|---|---|---|
| Interest rate for new customers | 3.50% pa | 3.10% pa |
| Interest rate guarantee | 3 months | 6 months |
| Maximum deposit | €1,000,000 | No limit |
| Interest rate for existing customers | 1.00% pa | 1.30% pa |
| Interest credit | Variable | Monthly |
| Deposit insurance | €100,000 per person | €100,000 per person |
| Special features | Highest interest rate for new customers | Longer interest rate guarantee, no limits on deposits |
You should pay attention to this when choosing a current account
A current account is a great way to invest your money safely while remaining flexible.
But not every offer is equally good – the differences between banks can be large. Here are the most important points you should consider before making your decision – explained simply and clearly.
1. The interest rate – how much do you get for your money?
The interest rate is the first thing you should pay attention to. New customers often benefit from high interest rates – some banks currently offer up to 3.50% pa. However, this top interest rate often only applies for a certain period of time, e.g. b. 3 to 6 months. After that, the interest rate often drops, e.g. B. on 1% or less. Pay attention to whether the interest applies to your entire deposit or only up to a certain amount (e.g. €50,000).
2. Interest rate guarantee – stability counts
With one Interest rate guarantee The bank assures you that the interest rate will remain the same for a certain period of time. This is important because without a guarantee, interest rates can be reduced at any time. Good offers often guarantee a high interest rate 3 to 6 months.
3. Interest credit – How often is interest accrued?
The frequency with which interest is credited influences how much you actually get in the end. If the interest monthly are paid out, you benefit from it Compound interest effect – this means that your interest earns interest again. However, some banks only pay the interest yearly out of.
4. Maximum deposit – How much can you invest?
Some banks limit the amount you can invest at high interest rates. The limit is often €50,000 or €100,000. Higher amounts will then earn interest at a lower interest rate. If you want to invest a large sum, look for a bank without limits.
5. Deposit protection – is your money safe?
In Germany, all daily allowances are up to €100,000 per person through the legal Deposit insurance protected. Some banks offer even more protection through additional protection. Make sure that the bank is covered by statutory deposit insurance – this will give you peace of mind that your money is safe.
6. Simplicity and flexibility
A current account shouldn’t be complicated. You should have access to your money at all times and be able to easily manage your account online. Some banks even offer apps that allow you to keep track of your account on the go.
Checklist: How to find the best money market account
- High interest rate: At least 3.00% pa for new customers.
- Interest rate guarantee: Secure fixed interest rates for at least 3 months.
- Interest credit: Monthly credit is better than annual.
- Maximum deposit: Check if the interest rate applies to your deposit.
- Deposit insurance: Your money is protected up to €100,000 per person.
- flexibility: Easy management and access to your money at any time.
Conclusion: Consorsbank’s current account currently offers the best interest rates
From our experience, the current account is convincing Consorsbank especially through the High new customer interest rate of 3.50% pa and the Interest rate guarantee for 3 months. These conditions are ideal for anyone who wants to achieve an attractive short-term return. What is particularly positive is that deposits can be up to €1,000,000 interest is paid at the top interest rate – this makes the account also interesting for larger sums.
However, the interest rate drops after the guarantee period 1.00% pa for existing customers, which is only average compared to other providers. If you want to invest for the long term, you should take this into account. Security is the top priority at Consorsbank: your deposits are valid until €100,000 legally protected.
Overall, from our point of view, the Consorsbank daily money account is one clear recommendation for new customerswho want to take advantage of high interest rates in the short term. However, for long-term strategies it is worth keeping an eye on other providers.