If you are looking for a good deposit account, you can not avoid the interest rate comparisons of the different account providers. But this is free of charge and costs only a little time. If you want to make an investment today, there are several variants available. They differ not only in interest rate comparisons, but also in the duration of fixed interest rates and in the availability of funds deposited there. Before you make a comparison of the account providers, you should therefore consider how long you want to invest the money in the maximum case.
Open the right deposit account online for each type of investor
In the case of investment forms such as time deposits, it is worthwhile experimenting with an interest rate comparison with different maturities and investment levels. Both can have a significant impact on the amount of interest paid. When looking at the account providers for overnight money, the daily availability is the same for all banks. Actually, it should also be the daily fixing of interest, but here are some account providers in marketing have come up with a customer-friendly idea. They are reflected in the interest comparison by binding the interest over several months.
Further differences can be found in the interest rate comparison regarding the speculative risk. Anyone who chooses account providers for call money and time deposit, has no such risk to fear. The situation is different when looking for an account provider, for example, where the savings account is connected to an investment in funds. There, the values of the fund units change depending on supply and demand. The price changes of the individual securities held by the Fund also affect the value of the fund units.
Pay attention to the plant safety with the selection
When comparing interest rates for custody accounts today, you can find many online and direct banks that do not have their legal headquarters in Germany. With such an account provider one should inform oneself more exactly about the plant security offered. He comes from the EU, the new legislation, according to the 100,000 euros per investor and bank must be secured.
However, if you also include account providers outside the EU, then it may be that no investment collateral is offered. Information about it can be found directly on the provider page. Otherwise, take a look at the imprint or the terms and conditions to find out where the bank has its legal headquarters. There should be a jurisdiction specified. Here online: Best deposit account on the internet with unbeatable return.