Deutsche Bank — db Time Deposit
Deutsche Bank S.p.A.
tax and stamp duty take 32%
Data verified on last change the sources
Worth it if you're bringing new money into Deutsche Bank from another bank and can lock it for 6 months: until 31 December 2026 the db Time Deposit Promozionale pays a fixed 3.50% gross, from €3,000.
Avoid it if you want to be able to exit early or lock money already at Deutsche Bank: early release is not provided and transfers from the same holder do not count as new money.
db Time Deposit is the locking service Deutsche Bank pairs with the db Conto Deposito: not a standalone product, it is opened on funds already in the account. The bank currently offers it through a promotion with its own information sheet, updated on 15 September 2026: 3.50% fixed gross for 6 months, for terms opened by 31 December 2026 and only on «new money», meaning funds reaching the deposit account by transfer from other banks or from accounts held in a different name, minus outflows over the same period. Each term runs from €3,000 to €500,000, early release is not provided and at maturity capital and interest return to the account in a single payment. Stamp duty is borne by the customer: 3.50% gross is 2.39% net. Outside the promotion stands the standard service's information sheet, updated on 30 June 2025: 0.01% over 12 months with a €50,000 minimum.
Data & conditions
| Max gross rate | 3.5% |
|---|---|
| Max net rate | 2.39% — tax and stamp duty take 32% |
| Account type | Fixed term |
| Available terms | 6m — up to 3.5% gross |
| Early withdrawal | No |
| What early withdrawal costs | No early withdrawal: the db Time Deposit Promozionale information sheet lists the early-release option as «not provided», and for every db Time Deposit the locked sum stays unavailable for the whole agreed period, a term that «cannot be reduced in any way». |
| Interest compounding | At maturity |
| Stamp duty | Paid by you — 0.2% of the balance per year |
| Deposit amount | €3,000 – €500,000 |
| Deposit guarantee | EU guarantee €100,000 |
| Automatic rollover | No |
| Requires a linked current account | No |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia · BaFin (gruppo) |
| Segment | B2C |
| Funding / solidity | Italian subsidiary of Deutsche Bank AG, subject to its direction and coordination |
| MiCA / License status | Licenza bancaria (Banca d'Italia) Italian banking licence (Bank of Italy) |
Strengths
- An international-scale issuer: the Italian subsidiary of Deutsche Bank AG, with the balance-sheet strength that implies.
- The 3.50% gross is fixed for the full 6 months and terms start at €3,000, with a €500,000 cap per term.
- The db Conto Deposito on which the term is opened has no opening cost or fee, according to its information sheet updated on 29 July 2026.
- No notable sovereignty advantage documented.
Weaknesses
- The 3.50% is a time-limited promotion: it applies to terms opened by 31 December 2026 and only on new money, so transfers from Deutsche Bank accounts in the same name do not count.
- Outside the promotion, the standard service's information sheet, updated on 30 June 2025, shows 0.01% over 12 months with a €50,000 minimum.
- A rigid lock with a single term: 6 months, with no early release.
- It is an add-on: it can only be opened on top of a db Conto Deposito, which must be opened first.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Italian banking licence (Bank of Italy)): reporting to authorities and freezes on order.
Verdict
Score 3.0/5, average profile. In its favour: an international-scale issuer: the Italian subsidiary of Deutsche Bank AG, with the balance-sheet strength that implies. The trade-off to weigh: the 3.50% is a time-limited promotion: it applies to terms opened by 31 December 2026 and only on new money, so transfers from Deutsche Bank accounts in the same name do not count.
On the Sovereignty lens the score is 0.4/5 (weak): the strength is censorship resistance (1.5/5), while fund control (0.0/5) is the weak link.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Deutsche Bank — db Time Deposit, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
Notable incidentsDocumented events with consequences still open. Each entry carries a source and a date.
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Regulatory action Minor ● open
Italian data protection authority: 20,000 euro fine on Deutsche Bank S.p.A. for failing to answer a customer's request to access their own data (Articles 12(3) and 15 GDPR)
By injunction order no. 226 of 16 June 2022 the Italian data protection authority (Garante) fined Deutsche Bank S.p.A. (Milan) 20,000 euro. The established fact: a request to access their own data, filed by a customer on 13 July 2020 and sent by certified email, received no reply either “without undue delay and in any event at the latest within one month” of receipt, or by way of a communication of the reasons for non-compliance within the required time. Articles 12(3) and 15 GDPR were found to be breached. The bank's two defences were both rejected, and that is the instructive part of the decision: the fact that the request sat inside a longer, broader complaint does not make it invisible — the Garante found it clearly formulated and properly delivered; and the claim that the information was “already known” to the customer does not remove the obligation, because the right of access also serves to verify that the data are accurate. ⚠️ What this fact is NOT: it is not a data leak, no customer's data left the bank. It is a national authority's sanction over how the rights of the people whose data it holds were handled: the reason it is recorded — at `minore` severity, since it concerns a single request and the amount is modest — is that it concerns the company, not one product, and therefore applies to every Deutsche Bank S.p.A. card. `risolto: false` with `in_corso: false`, i.e. “open” rather than “under way”: the order dates from 2022 and the open sources consulted do not say whether it was paid or challenged. We state the certain fact and the unverified outcome, instead of pretending to know.
↗ source
verified on
FAQ
Is 0.01% still this product's rate?
It is the rate of the standard db Time Deposit service, in the information sheet updated on 30 June 2025: a twelve-month lock with a €50,000 minimum. Anyone opening a db Conto Deposito today finds instead the db Time Deposit Promozionale, with its own information sheet updated on 15 September 2026: 3.50% gross for 6 months on new money, for terms opened by 31 December 2026. We show 3.50% because it is the condition the bank puts in writing for anyone opening now, with its end date.
What counts as «new money»?
Transfers reaching the deposit account from other banks, or from Deutsche Bank accounts in a different name, during the measurement period from 7 September to 31 December 2026, minus outflows above €100 over the same period. Transfers between accounts of the same holder do not count, nor does the return of a matured term. In the information sheet's example: €20,000 from another bank plus €10,000 from an account in another name, minus a €12,000 outflow, give €18,000 that can be locked at 3.50%.
What does 3.50% actually pay?
After the 26% withholding tax and the 0.20% annual stamp duty, borne by the customer, 3.50% gross becomes 2.39% net on an annual basis. On €10,000 locked for 6 months that is €175 of gross interest.
What happens when the 6 months end?
Capital and interest return to the deposit account in a single payment, net of withholding tax: the term does not roll over. For customers who took the previous 3% promotion between 9 February and 31 August 2026 the bank has published a db Time Deposit Retention, available until 31 March 2027: 2.20% for 6 months or 2.60% for 12 months, from €1,000 up to the amount of the matured term.
Sources
- trasparenza.deutsche-bank.it Tasso · Durata · Importi Data verified on Nov 4, 2026
Update history
- tasso_lordo_max_pct Entry completed on the db Time Deposit Promozionale information sheet updated on 15 September 2026: 3.50% fixed gross for 6 months on new money, from €3,000 to €500,000, for terms opened by 31 December 2026. The standard service stays at 0.01% over 12 months with a €50,000 minimum (information sheet of 30 June 2025).