# German bank savings interest rate trends

> Live situation record from CLSTR: https://clstr.news/situations/german-bank-savings-interest-rate-trends
> Updated: 2026-10-13T15:44:18.000Z. Sources: 16. Developments: 2.

In late September 2026, reports indicated a significant discrepancy between European Central Bank (ECB) interest rate hikes and the returns received by savers at German regional banks. While the ECB raised deposit rates to 2.50 percent, an analysis by consumer portal Biallo showed that Sparkassen customers received an average of only 0.47 percent on overnight money, and cooperative bank customers received 0.55 percent.

By mid-October, some financial institutions began adjusting their savings rates. Commerzbank increased its variable interest rate for ‘Tagesgeld’ from 2.25 percent to 3.0 percent per annum for existing customers. Additionally, the digital bank Chase raised its base interest rate for existing customers from 2 percent to 2.25 percent per annum.

## Timeline

### 2026-10-13: Commerzbank and Chase increase savings interest rates in Germany

Commerzbank and Chase have increased interest rates for savings accounts in Germany, with Commerzbank raising its rate to 3.0 percent and Chase increasing its base rate to 2.25 percent.

8 sources. https://clstr.news/cluster/commerzbank-and-chase-increase-savings-interest-rates-in-germany

### 2026-09-26: ECB interest rate hikes fail to reach German regional bank savers

German savers at regional banks are receiving only a fraction of the European Central Bank's recent interest rate hikes, with Sparkassen customers seeing only 12 percent of the increase passed on.

8 sources. https://clstr.news/cluster/ecb-interest-rate-hikes-fail-to-reach-german-regional-bank-savers

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Cite as: German bank savings interest rate trends. CLSTR, https://clstr.news/situations/german-bank-savings-interest-rate-trends