Ferratum Bank review 2026
How good is Ferratum Bank really?
74/100 points
kosten.org editorial team
Last updated: 2026-02-16
74/100
Points
Based on published terms and features
Ferratum Bank offers a solid 2.90% p.a. on call money. As a listed company (Multitude SE), Ferratum offers added transparency, but the Maltese deposit protection is a compromise.
Highlights of our Ferratum Bank review
- 2.90% p.a.
- Listed
- EU deposit protection
- Available daily
Table of contents
1 Interest rates & terms
22/30
Points
2.90% p.a. on call money. No tiering. Interest credited annually. No minimum deposit. Fixed-term deposits also available with higher rates. The rate is the same for new and existing customers.
2 Security & deposit protection
18/25
Points
EU deposit protection up to €100,000 via the Maltese branch. Malta has an A rating (lower than DE/FR/NL). Ferratum/Multitude SE is listed on Nasdaq Helsinki – added transparency through reporting obligations.
3 Account opening & management
14/20
Points
Online account opening via video identification. Simple online portal. The dashboard shows account balance and interest earned. Reference account principle (transfers only to your own linked account).
4 Flexibility & availability
11/15
Points
Daily availability. Transfer time 2-3 working days (Malta). No notice periods. Fixed-term deposits as an alternative.
5 Costs & transparency
9/10
Points
Completely free. No account fees. Tax certificate is issued. Particularly transparent as a listed company.
Pros & cons at a glance
Pros
- Solid interest rate
- Listed
- Free of charge
- Transparency through reporting obligations
Cons
- Maltese deposit protection
- Annual interest credit
- Transfer time 2-3 days
Conclusion: Ferratum Bank review
74/100
Good (2.3)
Ferratum Bank is a solid option for yield-oriented savers who accept the compromise of Maltese deposit protection. The stock exchange listing offers added transparency.
What is your experience with Ferratum Bank? Feel free to share it with other readers.
Read Ferratum Bank experiences