Anadi online savings: instant access, variable interest
An instant-access savings account pays interest while keeping your money available. The trade-off is that the rate can change.
At a glance
- Money is available at any time.
- Interest rate is variable and can go up or down.
- Transfers go to and from your reference account.
- Covered by Austrian deposit protection up to €100,000 per customer.
How it works
Online savings, often called Tagesgeld in German, is a savings account without a fixed term. You can pay in and withdraw whenever you like, typically by transfer to and from a linked reference account. The bank pays interest at a variable rate that it can adjust in line with market conditions and the account terms.
Who it suits
It is the natural home for an emergency fund and for money you are saving towards something without a fixed date. Many people pair it with a fixed-term deposit: flexible money in savings, surplus money locked in at a fixed rate.
Opening the account
You open the account online on the official savings page, complete identification if you are new to the bank, and nominate a reference account. Once the account is open, transfers are made in internet banking and approved with the TresorTAN app.
Watching the rate
Because the rate is variable, check it every few months against other providers. Anadi publishes current conditions on its official savings pages and provides a savings rate calculator.
Questions readers ask
Is Tagesgeld the same as a current account?
No. A savings account is for holding money and earning interest. Payments to third parties are made from your current account.
How quickly can I get my money?
You can transfer money back to your reference account at any time. Transfer times depend on the payment type used.
Figures, rates and conditions change. The binding information is on the official Anadi Bank website, which you should open by typing anadibank.com into your browser. Banoblog is independent and not affiliated with the bank.