It is high time for German savers to end their inertia.
The turnaround in interest rates has been here for a long time, and now it is also reaching savers.
But only with some.
Savings banks and Volksbanks are not yet changing the interest rate much.
ING only pays existing customers 0.3 percent.
Other banks such as Consors have long been luring new customers with 2.1 percent for overnight money.
Trade Republic is now doing this with 2 percent interest even for existing customers and not only for the usual lock period of six months, but without a time limit.
Those who cannot bring themselves to invest in shares, bonds and funds on the capital market should at least keep their eyes open for such interest rate offers.
An additional account can be opened without much effort and usually costs nothing.
It's easy to move money back and forth, and if this is rewarded with interest of several hundred euros, go for it.
At present, many banks are still relying on customer inertia.
In the downward trend in interest rates, customers mostly watched idly as the interest rate fell from 4 percent to almost zero.
It was only when it fell by a few tenths of a percentage point and the pain threshold for negative interest was exceeded that activity broke out.
In doing so, more than just a few tenths of a point can be won again.
So don't wait for your own bank to take action, rather become active yourself.