Bausparkasse Mainz AG

Business Summary

Business Focus
financing housing (acquisition, construction or renovation of a home) in EU and EEA member states
Services
retail banking
Products
Clients
natural persons (of any country of residence)
Area Served
Germany
internationally

Bausparkasse Mainz AG is focused on financing housing (acquisition, construction or renovation of a home) in EU and EEA member states. Bausparkasse Mainz AG provides services in the area of retail banking. The range of products offered by Bausparkasse Mainz AG includes savings accounts (0.11 - 0.11 %), mortgage loans, time deposit accounts (0.01 - 1.51 %). Bausparkasse Mainz AG makes its solutions available to natural persons (of any country of residence).

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Bausparkasse Mainz AG offers the following savings accounts.

Updated on 15 December 2019

maxTagesgeld
Sales Region
Germany
Investment Amount
1 - 250,000 EUR
Interest Rate (p.a.)
0.11 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
maxTagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.11 %
Max. Interest Rate (p.a.)
0.11 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
1 EUR
Max. Investment Amount
250,000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with Bausparkasse Mainz AG are covered by deposit guarantee scheme of Germany up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Germany is not taxed. Interest gained on savings accounts by residents of Germany is taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold by Bausparkasse Mainz AG from the savings account.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Bausparkasse Mainz AG offers the following time deposit accounts.

Updated on 15 December 2019

maxFestgeld
Sales Region
Germany
Investment Amount
2,500 - 999,999 EUR
Interest Rate (p.a.)
0.01 - 1.51 %
Deposit Term
3 - 120 months
Time Deposit Account Details
Product Name
maxFestgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.01 %
Max. Interest Rate (p.a.)
1.51 %
Min. Deposit Term
3 months
Max. Deposit Term
120 months
Min. Investment Amount
2,500 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
4 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with Bausparkasse Mainz AG are covered by deposit guarantee scheme of Germany up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Germany is not taxed. Interest gained on time deposit accounts by residents of Germany is taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold by Bausparkasse Mainz AG from the time deposit account.

See Also