myPension review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
myPension pairs easy-access savings with a headline rate of 10.35% on a variable basis, which suits households building a pot for later who want their money reachable at any moment. Withdrawals are free at any time, and the balance sits under EU DGS up to EUR 100,000.
Key facts
- Best for
- Easy-access savings with a high headline rate and free withdrawals.
- Headline rate
- 10.35%↗
- Rate type
- Variable↗
- Minimum deposit
- €25↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Access terms
- Withdrawals any time and free of charge, paid out within 5-8 business days; contract can be cancelled at any time effective at the end of the current month.↗
- Monthly fee
- €36↗
- Account kind
- Easy access↗
- Legal entity
- myPension Altersvorsorge GmbH↗
- Headquarters
- Germany↗
- Founded
- 2016↗
- Support channels
- Phone, Email, Help-centre↗
- Official website
- mypension.de
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Elsewhere
Pros and cons
Pros
- A headline rate of 10.35% on an easy access account, well above the 4.15% for savings accounts on the site.
- Money can be taken out whenever you like at no cost, and the contract can be ended at any time too.
- Savings sit under EU DGS up to EUR 100,000.
- Support covers phone, email and help centre.
Cons
- The rate is variable, so the headline figure of 10.35% can move instead of being locked in.
- Payouts take a few business days after you ask for a withdrawal, so plan ahead if you need the money quickly.
Ready to try myPension?
Scored 8.6 / 10 by VaultCue.
Who it suits
- Households in Germany putting money aside for retirement who can start at €25.
- Savers who need access without a notice period, since it is an easy access account with free withdrawals.
- People who like phone support, since support covers phone, email and help centre.
Who should look elsewhere
- AXI Card Tarjeta y Credito, if a headline rate of 21.59% on a card product suits you better.
- Plazo ES, whose headline rate of 24.19% is higher, if you want the biggest figure on the table.
- PayPal Colombia, if a wallet balance at 3.3% matters more than a savings account with EU DGS up to EUR 100,000.
How it compares on our data
On headline rate, myPension sits at 38 of 473 brands, which is mid-table rather than at the front of the ranking. On minimum deposit it ranks 283 of 370, so the entry amount sits in the lower part of the table. Both figures come from the same comparison, so read them together.
How myPension compares
8.6 vs 8.6
8.6 vs 9.5
8.6 vs 8.0
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8.6 vs 9.1
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8.6 vs 9.0
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8.6 vs 9.0
Where myPension is available
- Available
- Germany
- Licence in Germany
- IHK Frankfurt am Main (insurance intermediary register, Vermittlerregister) (D-C5H3-1FR97-31), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does myPension cost each month?+
The account carries a monthly fee of €36. Taking money out costs nothing at any point, and you can end the contract whenever you like, with effect from the end of the current month.
Is my money protected?+
Savings are covered by EU DGS up to EUR 100,000. The account is run by myPension Altersvorsorge GmbH, registered in Germany, and the firm appears in the insurance intermediary register of IHK Frankfurt am Main under the entry D-C5H3-1FR97-31.
How do I get my money out?+
You can take money out whenever you want and at no cost, and this is an easy access account, so access is immediate. Payouts take a few business days to arrive, and cancelling takes effect at the end of the current month.
What rate do I get, and can it change?+
The headline rate is 10.35% and the rate type is variable, so the figure can move rather than being locked for a set period. The account also works as an easy access account, with a minimum deposit of €25 to get going.
How much do I need to put in to start?+
The minimum deposit is €25, small enough to open the account and add to it later. This is an easy access account, so nothing needs to be held for a set term, and the contract can be cancelled at any time with effect from the end of the current month.
Can I reach someone if something goes wrong?+
Support runs on phone, email and help centre, so a phone line, email and a help centre are all available. myPension has been running since 2016 from DE. The monthly fee of €36 and the account itself are both handled by that same provider, myPension Altersvorsorge GmbH.
Who is myPension built for?+
It suits households in Germany saving steadily for retirement, with a variable rate of 10.35% and a €25 entry point. The variable rate means the headline figure is worth watching rather than treating as a promise, and withdrawals stay free so the money is not tied up.
Sources
- mypension.de checked September 26, 2026
Backs: Headline rate, Support channels
“The myPension World portfolio achieved an annual value development of 10.35% over the last 14 years (source: ExtraETF, as of 24.03.2026)”
- mypension.de/altersvorsorge checked September 26, 2026
Backs: Minimum deposit
“Even with small contributions for career starters myPension is already worthwhile with low contributions of 25 EUR per month.”
- mypension.de/faqs checked September 26, 2026
Backs: Access terms, Account kind, Rate type
“One of our big advantages is that you can access your fund assets at any time ... a payout can take 5-8 business days ... You can cancel your contract at any time at the end of the current month.”
- mypension.de/impressum checked September 26, 2026
Backs: Deposit protection, Headquarters, Legal entity, Licences
“myPension Altersvorsorge GmbH, Schillerstraße 14, 60313 Frankfurt am Main”
- mypension.de/kostenvergleich checked September 26, 2026
Backs: Monthly fee
“36 EUR annual account management fee, deducted monthly at 3 EUR per month (plus 0.64% per year administration costs including fund costs)”
- mypension.de/ueberuns checked September 26, 2026
Backs: Founded
“This feeling was shared by Rogier Minderhout, founder of myPension, back in 2016 ... In 2016 he founded myPension among other things and was the first provider in Germany to launch the first fully...”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term.