Fixed-term bank deposits are one of the safest ways to grow your savings. In exchange for locking your capital for a set period, the bank guarantees a fixed return. APYData compares the best deposits available across Europe in real time, including options from European banks accessible through platforms like Raisin.
| # | Entity | Product | APY | Score | Risk | Liquidity | View |
|---|---|---|---|---|---|---|---|
| 1 |
ING Australia
|
ING — Savings Maximiser (AU) | 5.30% | 8.5 | Low | Instant | View → |
| 2 |
Ibercaja
|
Cuenta Vamos | 5.09% | 8.5 | Low | Instant | View → |
| 3 |
Bankinter
|
Cuenta Nómina | 5.00% | 8.4 | Low | Instant | View → |
| 4 |
Atom Bank
|
Atom Bank — Instant Saver (UK) | 4.85% | 8.4 | Low | Instant | View → |
| 5 |
Marcus by Goldman Sachs
|
Marcus — Easy Access Savings (UK) | 4.70% | 8.3 | Low | Instant | View → |
| 6 |
ANZ
|
ANZ Plus — Save (AU) | 4.60% | 8.3 | Low | Instant | View → |
| 7 |
Chip
|
Chip — Instant Access Account (UK) | 4.52% | 8.3 | Low | Instant | View → |
| 8 |
DNB Bank
|
Depósito a Plazo 12M | 4.50% | 6.5 | Low | 12-month term | View → |
| 9 |
Macquarie Bank
|
Savings Account | 4.50% | 8.3 | Low | Instant | View → |
| 10 |
Monzo
|
Monzo — Instant Access Savings Pot (UK) | 4.40% | 8.3 | Low | Instant | View → |
| 11 |
Commonwealth Bank
|
CommBank — GoalSaver (AU) | 4.40% | 8.3 | Low | Instant | View → |
| 12 |
Bulder Bank
|
Sparekonto | 4.00% | 8.1 | Low | Instant | View → |
| 13 |
SoFi
|
SoFi — Savings Account (US) | 4.00% | 8.1 | Low | Instant | View → |
| 14 |
Marcus by Goldman Sachs
|
Marcus — High Yield Online Savings (US) | 3.90% | 8.1 | Low | Instant | View → |
| 15 |
Kiwibank
|
Online Call Account | 3.85% | 7.9 | Low | Instant | View → |
| 16 |
Ally Bank
|
Ally Bank — High Yield Savings (US) | 3.80% | 8.1 | Low | Instant | View → |
| 17 |
Discover Bank
|
Discover — Online Savings Account (US) | 3.75% | 8.1 | Low | Instant | View → |
| 18 |
Simplii Financial
|
Simplii — High Interest Savings (CA) | 3.50% | 8.0 | Low | Instant | View → |
| 19 |
EQ Bank
|
EQ Bank — Savings Plus Account (CA) | 3.25% | 7.9 | Low | Instant | View → |
| 20 |
Neo Financial
|
High Interest Savings | 3.00% | 7.9 | Low | Instant | View → |
Not all deposits are equal. The difference between a 2% and a 3.5% deposit on €50,000 over 12 months is €750 in interest — enough to justify 15 minutes of comparison. These are the factors that matter:
Always compare using the APY, which standardises rates across different terms and compounding frequencies. APYData shows the APY directly for every product — no manual calculation needed.
The most common terms in 2026 are 6, 12 and 24 months. The yield curve is currently fairly flat — the difference between 12-month and 24-month deposit rates is small. For most savers, 12 months offers the best balance of yield and flexibility.
All deposits at EU banks are covered up to €100,000 per depositor per institution by the national Deposit Guarantee Scheme. In the UK, FSCS covers up to £85,000. In the US, FDIC covers up to $250,000. If you have more than the limit, distribute across multiple institutions to maintain full coverage at each.
Most fixed-term deposits do not allow early withdrawal, or apply penalties (typically loss of some or all interest earned). Make sure you will not need the money before maturity, or look for deposits with an early cancellation clause.
Raisin aggregates the best deposit offers from banks across the EU — Germany, Estonia, Latvia, and more — all accessible from a single account. All deposits remain covered by their home country DGS. In 2026, Raisin consistently offers some of the highest rates available to European savers.
If you need immediate access (emergency fund, short-term savings), an instant-access account like Trade Republic (2.02%) or Bunq (2.31%) is better even at a slightly lower rate. If the money will not be needed for 12+ months, a fixed-term deposit almost always pays more. Many savers combine both: instant-access for the emergency fund, fixed-term for medium-term savings.
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