Frankfurt Extreme fluctuations on the stock markets, the energy crisis and the Ukraine war, ever-increasing worries about a recession: those who want to keep parts of their investment capital safe from value fluctuations in this difficult market phase are currently getting better and better offers.
As a result of the turnaround in interest rates, more and more banks and savings banks are eliminating penalty interest and paying some interest on money in accounts again. “The conditions for deposits in accounts change massively almost every week,” notes Ania Scholz-Orfanidis from the Frankfurt financial data provider FMH-Finanzberatung.
The interest rates for fixed-term deposits over a year at the financial institutions monitored by FMH have risen on average by a quarter to 0.46 percent within two weeks.
The situation is somewhat different with call money, which is extremely popular with savers. Here the rates increased by an average of 40 percent, albeit at a very low level. The average is now a measly 0.07 percent. expert
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