Fixed yet flexible interest rates: BBVA expands its offering in Germany

The flexible fixed-term deposit is now available with additional terms ranging from 6 months to 5 years.

Those who want to save money primarily want two things: Planning security through fixed interest rates and flexibility for unforeseen situations. This is exactly what BBVA is focusing on, and it is expanding its product offering for this in Germany. Depending on the chosen term, customers can currently receive interest of up to 5 years p. a. p.a.

Opening a flexible fixed-term deposit account involves the same process as usual. It is fully digital, simple, and transparent, and occurs directly via the BBVA App.

Our savings duo: the interest-bearing current account and the flexible fixed-term deposit

The new terms are a sensible complement to BBVA's existing savings and interest product offerings in Germany. Customers can divide their money up according to their needs:

  • For everyday use: The BBVA current account remains available, whenever you need to access it, and currently accrues interest at a rate of 2.50% p.a. for existing customers whose promotional offer has expired (updated quarterly).
  • For savings directly in your current account: The App allows you to set up to five Savings Goals via the Savings Box and manage your savings in a way that is clear and organized.
  • For predictable savings: The flexible fixed-term deposit is aimed at anyone with a clear investment horizon who wants to secure their interest rates over a fixed term, and now with a greater selection of terms to choose from.

The result is a savings duo that combines everyday life with long-term planning.

Fixed-term deposit at BBVA: Simply good interest rates

Choose a term between 6 months and 5 years and secure reliable interest rates on your savings.

Stay flexible, even during the term

Despite the fixed term, the flexible fixed-term deposit remains true to its name. Deposits can be fully or partially withdrawn at any time, and with no fees. In the case of a partial withdrawal, the amount that is left over remains invested and accrues interest according to the agreed upon terms and conditions. This allows you to use fixed interest rates without making a long-term commitment.

Overview of current terms and conditions

Terms Interest rate
Terms
Term
6 months
Interest rate
Interest rate
2.30% p.a. a. 
Terms
Term
12 months
Interest rate
Interest rate
2.70% p.a. a.
Terms
Term
2 years
Interest rate
Interest rate
2.80% p.a. a.
Terms
Term
3 years
Interest rate
Interest rate
2.90% p.a. a. 
Terms
Term
4 years
Interest rate
Interest rate
3.00% p.a. a.
Terms
Term
5 years
Interest rate
Interest rate
3.20% p.a. a.
A deposit is possible starting at €500, with a maximum amount of up to €1,000,000. The interest is credited at the end of the respective term.

Security included

The prerequisite for opening a flexible fixed-term deposit account is that you already have a free-forever BBVA current account. The deposits are saved within the framework of statutory deposit insurance up to €100,000 per customer via the deposit guarantee scheme in Spain.

Calculate the return on your flexible fixed-term deposit

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