Tough year for premium savers: Over 200,000 Sparkasse customers have terminated contracts

this year Alone has been more than eclipsed 200 000 savings Bank customers out of their Savings, such as from an analysis of nearly 1300 banks and savings banks

Tough year for premium savers: Over 200,000 Sparkasse customers have terminated contracts

this year Alone has been more than eclipsed 200 000 savings Bank customers out of their Savings, such as from an analysis of nearly 1300 banks and savings banks is clear.

it is the lucrative savings contracts without a fixed term, which is reached after 15 years, the maximum interest rate.

top tab in the case of terminations is Bayern, said the Portal on Sunday. In the free state of 34 savings banks, premium savings had terminated contracts. It is of lower Saxony followed with 13, and North Rhine-Westphalia, with seven savings banks. Since the beginning of the wave of redundancies in the year 2015 have been sent according to the figures, a total of more than 90 Sparkassen terminations.

you can now Find your suitable checking account in the comparison (display)



premiums, savings contracts

premiums, savings contracts are characterized by a comparatively low variable interest rate, to be compensated with after the maturity of tiered bonus interest rates. Many of these savings contracts have reached after 15 years, the highest reward level, and must be terminated.

In may had ruled the German Federal court of justice (BGH) in Karlsruhe, Germany that long-term rewards to savers to accept the termination of their existing contracts by the savings banks, if they have exhausted the once agreed-to bonus season.

In the case customers of the kreissparkasse Stendal in Saxony had complained-Anhalt, the three relevant contracts from the years 1996 and 2004, more wanted to lead. (BGH-judgment from the 14.5.2019 AZ XI ZR 345/18) Red alert! The German weather service warns of Gale-force gusts PCP Red alert! The German weather service warns of Gale-force gusts

lau/Reuters
Updated Date: 02 January 2020, 01:00

FOCUS

FOCUS

You need to login to comment.

Please register or login.

RELATED NEWS