The most important facts at a glance
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Sustainability: With sustainable
fixed-term deposits, your money is invested in
ecological, ethical, or social projects, while
controversial sectors like fossil fuels or the arms
industry are excluded.
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Interest rates: Sustainable fixed-term
deposits offer
fixed and predictable interest rates throughout
the entire term. The exact rate depends on the bank and
the duration of the investment.
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Deposit protection: Sustainable
fixed-term deposits are protected by the
EU-wide deposit guarantee scheme, securing up to
€100,000 per person and bank.
What Is a Sustainable Fixed-Term Deposit?
A sustainable fixed-term deposit works on the same basic
principle as a traditional fixed-term account. Savers invest a
set amount for a specific term at a fixed interest rate. During
the term, no deposits or withdrawals are usually allowed,
and at the end of the period, the invested capital plus interest
is paid out.
The key difference with sustainable fixed-term deposits is that
the funds are directed toward
purpose-driven, sustainable projects. Unlike conventional
fixed-term products, the money supports
ecological, ethical, or social goals. It is not invested
in controversial industries such as weapons manufacturing,
fossil fuels, or other environmentally harmful sectors. Instead,
the bank may allocate funds to
renewable energy, sustainable agriculture, or social
initiatives.
What Is the Optimal Term for a Sustainable Fixed-Term Deposit?
The ideal term for a sustainable fixed-term deposit depends on
your
personal savings goals and the current market conditions.
These accounts are available with terms ranging from a few
months to several years. In general,
longer terms offer slightly higher interest rates. For
savers seeking a balance between
flexibility and competitive returns, a term of one to
five years can be a suitable choice.
What Are the Interest Rates for Sustainable Fixed-Term Deposits?
Sustainable fixed-term deposits can offer
attractive returns while aligning with environmental,
social, or ethical values.
Because the interest rate remains
fixed throughout the entire term, investors can
accurately calculate their final return. Comparing offers from
different sustainable banks can help you identify the most
favorable conditions.
In addition to sustainable fixed-term deposits, Allianz also
offers other investment options, including
conventional fixed-term and overnight accounts, as well
as digital asset management, all of which can deliver
strong returns.
How Safe Is Sustainable Fixed-Term Deposit Investing?
Just like traditional fixed-term deposits,
sustainable fixed-term deposits are considered low-risk
investments. Funds held in a sustainable savings account are protected by
the EU-wide deposit guarantee scheme, which secures up to
€100,000 per person and per bank. This guarantee ensures
that your money remains protected even in the event of a bank
insolvency. Additionally, some banks contribute to
private deposit protection funds, allowing for
coverage that may exceed €100,000 in certain cases.
How Sustainable Fixed-Term Deposits Work at Allianz
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1. Register and verify your identity: Open your free
Allianz account quickly and easily via the PostIdent or
VideoIdent process. Once verified, you’ll have access to all
our savings and investment products.
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2. Choose an offer: Select the fixed-term deposit,
overnight deposit, or investment and retirement product that
best suits your needs.
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3. Transfer funds: Transfer your desired investment
amount to your Allianz account or set up a direct debit.
You’ll have full control at all times via our online banking
platform.
Open a Allianz account now
FAQs about sustainable fixed-term deposits
A sustainable fixed-term deposit account with Allianz
is completely free of charge for investors. There are
no fees for opening or maintaining the account,
and
no additional costs during the investment term.
As a result, the full investment amount remains intact
and can grow steadily at the agreed interest rate.
To open a sustainable fixed-term deposit account with
Allianz, the following requirements must be met:
- Legal age (18 or older)
- Acting in your own name
- Residence in Germany
- Reference account with a bank based in the EU
- Valid email address
The personal Allianz account serves as the settlement
account for sustainable fixed-term deposits, while a
private checking account can be used as the reference
account. First, the desired investment amount is
transferred from the reference account to the Allianz
account. From there, the funds are forwarded to the
selected sustainable bank and invested at an
attractive fixed interest rate. At the end of the
term, the invested capital plus interest is
transferred back to the Allianz account. Since the
investment amount, interest rate, and term are agreed
upon in advance,
no deposits or withdrawals are possible during the
term.
The minimum deposit required for a sustainable
fixed-term deposit account varies depending on the
bank’s specific offer. There are
no legal requirements for minimum or maximum
deposit amounts. Typically, the
minimum deposit ranges between €500 and €10,000
for sustainable fixed-term investments. When comparing
offers, it’s important to carefully review the
conditions of each to find the most suitable option.
Savers can invest their money in multiple sustainable
fixed-term deposits at the same time. For example, the
investment can be spread across different maturities
to create an interest ladder. This approach
offers greater flexibility and allows investors
to benefit from varying interest rates across
terms.
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Sustainable
Simplified tax payment