Hooray, there's interest again.
Well, not at every bank yet, but some institutes are pushing ahead.
For example the direct bank ING or the Hamburger Sparkasse, the largest in Germany.
Other institutes, such as Deutsche Bank, are taking their time to abolish negative interest rates.
Commerzbank, which retrospectively waives custody fees, proves that there is another way.
No question, Germans are savers, the skepticism about investments in securities only disappeared a few years ago and not completely.
And banks will also use the interest rate turnaround initiated by the ECB for marketing campaigns.
The word interest attracts – attracts.
But savers should not be fooled.
Every euro that is in a call or fixed-term deposit account loses value.
One percent isn't much either, given the current inflation rate of 7.6 percent.
For savers, this means that not much has been gained, at most a little less lost.
The only consolation is that savers no longer just have to place themselves in the hands of the stock market, but have an alternative in fixed-term deposits.
It's safer, but it doesn't bring any returns - on the contrary.