WeltSparen review

WeltSparen pays a 3% headline rate, which is the 3% median across savings on the site. That puts it in the middle of the pack rather than at the top, so the case for it rests on how the account works rather than on the rate.

The monthly fee is €0, so there is no charge for keeping the balance open. Opening it takes a €1 minimum deposit, and the account runs without a fixed term, so the money can be taken out as needed.

The balance is available daily and interest is credited monthly, with the account kind listed as easy access. A reference account is required, so money moves through that linked account rather than a card or a withdrawal in person.

The account sits with Raisin SE, a savings provider based in Germany that has been operating since 2012. Account support is handled by the same operation on email, phone and help centre, so the money and the help both sit in one place.

The 3% rate matches the 3% site median, and the brand ranks 249 of 488 on headline rate. Wise pays 3.29% and bunq 3.01%, both higher. Finteres runs 0% to 36% on its own terms.

The minimum deposit is €1, so the account opens on a small sum rather than a large lump. With no fixed term, a balance can be topped up, drawn down or closed as the saver's plans change.

The rate type is variable, so the return is not locked in for a fixed period. What the account offers instead is access: the account kind is easy access and the balance is available daily, with interest credited monthly.