Get a rate of 2.85 % AER when you save with Aareal Bank for 5 Years
Start saving from €1,000.00
Interest paid out annually
No fees or hidden charges
Germany
Rate
Term
Currency
Product Type
Interest & product details
2.85%
2.85%
5 years
When the deposit reaches maturity
Aareal Bank open savings accounts on Monday and Thursday
Paid out to your Raisin Account annually on anniversary of the deposit’s opening (or next business day)
Fixed - The rate won't change for the entire term.
You can choose to extend this deposit if you enable the option in your Raisin Account
Deposit amounts & Taxation details
EUR
€1,000 - €100,000
There are no fees or hidden charges
German banks do not deduct tax on savings for Irish customers. This means your interest is paid in full (gross). For more details, please see the product information sheet.
Important: Irish deposit interest tax (DIRT) is not deducted automatically. Any interest earned must be declared to Revenue in an annual tax return.
You can open this savings account entirely online.
This savings account is provided in collaboration with Raisin and requires you to open a free Raisin Account. Raisin offers you access to more than 150 savings accounts from 30 banks across Europe - all through one easy to use platform.
1. Open a Raisin Account
Sign up for a Raisin Account and complete our straightforward online indentification process to get started.
2. Choose a savings account
Choose a savings account, decide the amount you wish to deposit, and submit your application. With over 100 savings accounts from more than 20 banks across Europe, there's something for everyone.
3. Start saving!
Then, securely transfer the amount you wish to save to your Raisin Account, and we’ll take care of the rest. Start making your savings work for you today!
Current offers from this bank
Rate
Term
Currency
Product Type
About the Bank
Aareal Bank AG, headquartered in Wiesbaden, is a leading international real estate specialist. The bank's origins date back to 1923. It offers financing, software products and digital solutions for the real estate sector and related industries. Aareal Bank operates on three continents - Europe, North America and Asia/Pacific - and supports real estate financing in more than 20 countries.
Deposit Guarantee Scheme
Deposits including accrued interest income are legally protected up to an amount of EUR 100,000 per customer and per bank by the Entschädigungseinrichtung deutscher Banken GmbH. Within the European Union, the minimum requirements are harmonized in all member states by Directives 94/19/EC, 2009/14/EC and 2014/49/EU. It should be noted that this protection relates to a customer's entire deposits with a bank. This is relevant if not only the deposits of a customer brokered via this platform were invested with a specific bank, but also other deposits of this customer were invested with the respective bank.
Tax process and documentation
German banks do not deduct tax on savings for Irish customers. This means your interest is paid in full (gross). For more details, please see the product information sheet.
Important: Irish deposit interest tax (DIRT) is not deducted automatically. Any interest earned must be declared to Revenue in an annual tax return.
Raisin's role
With Raisin, one login gives you access to competitive savings accounts from banks across Europe, allowing your savings to work even harder. No fees, no paperwork: saving with Raisin is online and hassle-free.
Get a rate of 2.85 % AER when you save with Aareal Bank for 5 Years
Get more from your money and start to make your savings work for you today.
Frequently asked questions
How are my savings protected?
All deposits at Raisin Bank AG and our partner banks are protected by European Deposit Guarantee Schemes up to €100,000 (or the equivalent amount in the respective national currency) per customer and per bank. Our system will not allow you to put more money into one account/bank than is covered by these schemes, meaning you can save with peace of mind.
Across Europe, national Deposit Guarantee Funds must meet the minimum requirements laid out (see Directives 94/19/EC, 2009/14/EC and 2014/49/EU). You can read more here.
Across Europe, national Deposit Guarantee Funds must meet the minimum requirements laid out (see Directives 94/19/EC, 2009/14/EC and 2014/49/EU). You can read more here.
How do I register for a Raisin Account?
To become a Raisin customer you must first open a Raisin Account. The process is very simple and can be completed 100% online. You can now complete the process with the Raisin App, it's never been easier!
Click here for a step-by-step guide on the registration process.
Click here for a step-by-step guide on the registration process.
What is Raisin's role?
Raisin gives you access to deposit and savings accounts from banks across Europe. Over 1 million European customers already saved more than €40 billion with Raisin's partner banks.
To save with our partner banks, you must open a free 'Raisin Account'. From there you can open and manage as many savings accounts as you wish. Ideal if you want to spread your savings across different accounts, banks and countries!
To save with our partner banks, you must open a free 'Raisin Account'. From there you can open and manage as many savings accounts as you wish. Ideal if you want to spread your savings across different accounts, banks and countries!
What are the minimum and maximum amounts I can save?
The minimum and maximum balance vary depending on the savings account. For more information, please check the details of the savings account you wish to open and take a look at the Product Information Sheet.
Are there any fees?
Raisin's service are completely free of charge. This includes opening and maintaining your Raisin Account, managing your bank transers and sending statements. As well as a dedciated our Customer Service team for Irish customers.
What is a Deposit account?
A Deposit account is a savings product which allows you to make an investment of a certain amount for a fixed period of time and at a fixed interest rate, with all parameters being agreed to before entering into the contract.
At Raisin, we offer terms ranging from 3 months to 5 years. As a general rule, the interest you will earn will be higher the longer the period for which you deposit your money.
We also offer Demand Deposit account which allow you to access your savings whenever you need them!
At Raisin, we offer terms ranging from 3 months to 5 years. As a general rule, the interest you will earn will be higher the longer the period for which you deposit your money.
We also offer Demand Deposit account which allow you to access your savings whenever you need them!
What are the tax implications when saving in Europe?
As a resident of Ireland, you will have to declare any interest you earn from deposits. Deposit interest is liable to Deposit interest retention tax (DIRT).
Any foreign tax you may pay on interest earned in Europe can be easily deducted from your DIRT liability when making your annual tax return to Revenue.
To find out more about how the products you take out with Raisin are taxed, please take a look at our taxes guide We also encourage customers to seek independent tax advice if they are unsure about the implications.
Any foreign tax you may pay on interest earned in Europe can be easily deducted from your DIRT liability when making your annual tax return to Revenue.
To find out more about how the products you take out with Raisin are taxed, please take a look at our taxes guide We also encourage customers to seek independent tax advice if they are unsure about the implications.
Does Raisin withhold tax automatically?
No – Raisin does not withhold any taxes. You must declare interest earned in your annual tax return with Revenue. We will however provide you with documentation showing exactly how much interest you earned.
We encourage our customers to seek independent tax advice or any taxation queries.
We encourage our customers to seek independent tax advice or any taxation queries.
Als Pionier für Spar-, Investment- und Altersvorsorgeprodukte ermöglichen wir Privatkunden einen unkomplizierten Zugang zu globalen Einlagen- und Kapitalmärkten – ein Vorteil, der auch Finanzinstitute stärkt.
Company & team
Savings accounts
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Company & team
Savings accounts
Information
© 2026 Raisin Bank AG, Frankfurt a.M.
All interest rates displayed are Annual Equivalent Rates (AER), unless otherwise explicitly indicated. The AER illustrates what the interest rate would be if interest was paid and compounded once a year. This allows individuals to compare more easily what return they can expect from their savings over time. Raisin Bank, trading as Raisin, is authorised/licensed or registered by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) in Germany and is regulated by the Central Bank of Ireland for conduct of business rules.