Daily savings accounts - How should one save best?

... Be careful with bank hopping with the TG, if you're unlucky you might ruin your rating for a later loan, which then becomes more expensive than the current interest gain.

What?
With daily allowance accounts, usually no Schufa entry is made. Just be careful what you sign and that's it.

That was the reason why I, for example, refrained from Cosmos Direkt. They wanted a credit report just because I give them my money... can kiss my ass..

The Schufa score usually also has no influence on a secured loan..

... Be careful with bank hopping in the TG, if you're unlucky you might ruin your rating for the later loan, which then becomes more expensive than the current interest gain.

Wtf? Where did you get this old wives' tale from? This is even more absurd than some other theories about valuation methods, which at least might make a bit of sense, even if they are wrong.

I don’t know what amounts you plan to save... but if it stays at 500 € per month, you can currently just put the whole thing in a jar in the kitchen... in the end you have 18 K€, so an average of 9 K€. 1% interest would make 270 €, 0.5% correspondingly 135 €... right now we are getting a ridiculous 0.6% - the best I could find (and at least knew the name of) was now 1.1%.

A manufacturer of diesel engines is currently offering 1.25%

Hey,

so you can open as many [Tagesgeldkonten] as you want and wherever you want. This should not result in a [SCHUFA] entry... but please always pay attention to contract terms and deposit insurance. For three years, even if the interest rates are low, short-term [Tages-] or fixed-term deposits are best suited. After all, you will need the money then, and I would not recommend funds or similar for that... you can invest a part of it in those, which is not planned for the medium to long term.

Make sure you have saved enough money for the ancillary purchase costs... notary, taxes, etc.

You should also check the interest rates and deposit options for the home savings contracts...[Bausparer]... preferably also as a component towards the end of the first fixed interest period.

What kind of entry is this supposed to be? An entry for the proper deposit of 500 euros? LoL^^