Raisin Bank

This bank is based in: Germany (AAA)
• Start saving from €1.00 up to €100,000.00
• No fees, no subscriptions and Deposit Guarantee protected.
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Current offers from this bank

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Rate

Term

Currency

Product Type

Featured Offer

3.10 %

AER

Term

3 Months

Currency

EUR

Product Type

Demand Deposit
Demand Deposit
How it works
Term
3 months

Next step savings
Get a rate of 3.10% AER for 3 months. At the end of the term, you can choose to have your savings automatically moved into another savings account available on our platform, so your money keeps working for you without interruption.

Key features
The Raisin Starter Account is available to new customers only. Offer rate: 3.10 % AER for 3‑months in a demand deposit account, limited to €100,000 per person. This rate applies only for the initial 3‑month period. Funds remain accessible to the depositor at any time throughout the offer period. There is no penalty or loss of interest for early withdrawals. Interest paid monthly. No tax is taken at source, interest earned must be declared to Revenue. Deposits are protected under the German Deposit Guarantee Scheme up to €100,000.

Interest & product details
Gross rate
3.06%

AER
3.10%

Term
3 months

Availability
Available anytime

When will the bank open my savings account?
Raisin Bank open savings accounts daily on business days.

Interest capitalisation?
Paid out to your Raisin Account on 1st day of each month

Interest type
Fixed - The rate won't change for the entire term.

Deposit amounts & Taxation details
Currency
EUR

How much can you save?
€1 - €100,000

Fees
There are no fees or hidden charges

Taxation of deposit interest
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.

Documents to be submitted
You can open this savings account entirely online.

About the Bank

Founded in 1973, Raisin Bank brings decades of experience as an established German credit institution to the table. It combines high performance and competent advice with efficient solutions both in the processing of loan portfolios and the receivables of selected borrowers. In 2005, the bank, then known as MHB-Bank AG, became a subsidiary of the US investment company Lone Star with a particular focus on loan portfolio servicing. Since April 2019, the bank has been a wholly owned subsidiary of Raisin GmbH and has been operating under the name Raisin Bank AG since August 2019. Innovative financial products are its specialty, in which it builds and expands trusting partnerships.

More information about this bank

Year Established

1973


Place of Establishment

Frankfurt am Main


Business Focus

Bank Deposits, Consumer Loans, Corporate Loans, Factoring, Securities Trading, Wealth Management, Payment Solutions


Market(s) in which the bank has branches

Germany


Minimum required total capital ratio

8.00 %


* This information is provided by FMH-Finanzberatung e.K. FMH-Finanzberatung specialises in information on interest rates and financial products and has been collecting and processing financial data in Germany since 1986.. As of 09.06.2026.

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.

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.