Offers for bargain hunters: Secure interest rates plus flexibility: Is it worth it to save for growth again?

by time news

2023-04-16 14:56:44

With incremental savings, savers do not get the highest currently possible interest rate, at least not at the beginning. But: You secure relatively high interest rates in the medium term – and, unlike with a longer-term fixed-term deposit account, you remain flexible, at least in the medium term. This can be interesting at a time when the direction in which interest rates are going is completely unclear. According to the law, you can also terminate a fixed-term deposit prematurely “for good cause”. However, it is doubtful whether banks will accept that there are higher interest rates elsewhere as an important reason.

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