Wüstenrot Austria: Financial strength and product variety for your security analysed
09.06.25
11
Minutes
Katrin Straub
Managing Director at nextsure
Wüstenrot Austria is an established financial services provider. The company has been offering home savings and insurance solutions for decades. Find out more about products and performance.
The topic in brief and concise terms
Wüstenrot Austria is an established financial services provider with around 1.2 million customers and a balance sheet total of approx. EUR 11.2 billion (Bausparkasse AG, 2023).
The core business includes home savings plans with a government bonus and flexible models, as well as a broad range of insurance products.
Wüstenrot combines digital services such as online calculators and a comprehensive app with personal advice in branches nationwide.
Wüstenrot Austria: Understanding the Foundation and Market Presence
Wüstenrot Versicherungs-AG was established in 1976 as a subsidiary of the building society. Today, it is one of the ten largest composite insurers in Austria. The share capital amounts to thirty million euros. Wüstenrot brought building society savings to Austria over eighty-five years ago. The Group employs around one thousand five hundred and fifty people in Austria. These figures underline its market significance. The Wüstenrot Group's total assets stood at around eleven point five billion euros at the end of 2020. The company is an important part of Austria's financial landscape. Find out more about the Wüstenrot Österreich offers. Its solid foundation enables continuous development.
Building savings with Wüstenrot Austria: Optimising returns and flexibility
Building savings is a core offering from Wüstenrot Austria. The "Flexible Building Savings CLASSIC" model offers 3.5 percent introductory interest for the first 12 months. After that, the rate is adjusted in line with the market. Alternatively, there is "Flexible Building Savings FIXED INTEREST" with 1.5 percent fixed interest for six years. The state building savings bonus currently amounts to 1.5 percent on a maximum annual deposit of EUR 1,200. For 2025, Wüstenrot is doubling this bonus for certain new contracts. A building savings contract can be opened from as little as EUR 25 per month. The minimum term is legally six years. In 2018, more than 600,000 new building savings contracts were concluded in Austria. Wüstenrot therefore offers an attractive way to save with state support. The capital saved is freely available after six years. Details about the Wüstenrot building savings contract telephone number can be found online if required. This flexibility makes building savings interesting for many goals.
Here is a summary of the advantages of Wüstenrot building savings:
State support through an annual building savings bonus exempt from capital gains tax.
Entitlement to a low-interest building savings loan.
Choice between a fixed or variable interest rate.
Secure provision for the future.
Free access to the savings balance after six years.
Minimum savings contribution of just EUR 25 per month.
These points show how attractive building savings are. It remains a popular form of investment in Austria.
Tailor-made insurance cover: take advantage of Wüstenrot Austria’s wide range of products
Wüstenrot Austria offers a broad range of insurance solutions. These include products for home, mobility and health. In the home segment, there are household and home insurance policies as well as risk insurance products. For mobility, there are motor third-party liability and comprehensive cover policies. Wüstenrot Versicherungs-AG serves around 1.2 million customers. In 2001, the company expanded its offering to include property and casualty insurance. The product range covers many areas of life. The "PlusCare & KidCare" packages provide cover for accidents and illness. A special Wüstenrot cancer insurance could also be relevant for certain target groups. The company focuses on tailored solutions for private customers. Protecting assets is at the heart of what it does.
The main categories of private customer insurance include:
Home: home savings, household contents, residential buildings, legal expenses.
Mobility: motor third-party liability, comprehensive cover, driver accident protection.
Health: private accident cover, long-term care insurance, PlusCare.
Provision & pension: life insurance, private pension.
Savings & assets: unit-linked life cover, home savings.
This diversity makes comprehensive protection possible. Customers can put together packages to suit their needs.
Assess the financial performance and stability of Wüstenrot Austria
Financial stability is an important factor. At the end of 2023, Bausparkasse Wüstenrot AG reported total assets of around EUR 11.2 billion. The building society’s net profit in 2023 was EUR 53.8 million. This was an increase on EUR 30.9 million in the previous year. Refinancing is 64 per cent through customer deposits. A further 32 per cent comes from capital market instruments. The Wüstenrot Group also posted a successful financial year in 2021. Moody's rates the building society’s issuer rating at 'Baa1'/stable. S&P assigns 'BBB+'/positive. These figures indicate a sound financial base. The company plans to issue green bonds in future. Ongoing profitability underpins confidence.
Digital Transformation: Experience Services and Consulting at Wüstenrot Austria
Wüstenrot Austria relies on digital channels and personal advice. The website offers various online calculators, for example for pension gaps or financing. Its own service app provides quick assistance in the event of a claim and comprehensive information. Customers can obtain product information online or by phone. There are service centres in all federal states for personal advice. Wüstenrot sees itself as a comprehensive financial services provider. The combination of digital tools and personal contact is central. The Wüstenrot app brings together banking, insurance and building society services. This gives customers a quick overview and easy access. The digital focus makes many processes easier. This allows customers to manage their finances efficiently.
Important services include:
Online calculators for financing and pension provision.
Mobile app for account access and claims reporting.
Product information by phone and online.
Personal advice at service centres nationwide.
Digital contract management and self-services.
These offerings are aimed at a high level of customer satisfaction. They reflect a modern standard.
Understanding legal aspects and expert tips for Austrian financial products
Financial products in Austria are subject to specific legal requirements. When it comes to home savings plans, the state premium is an important factor, and its amount is adjusted annually. For 2025, it is 1.5 per cent. The maximum contribution eligible for the premium is EUR 1,200 per person per year. The capital gains tax-free premium is credited annually. Savings held in home savings contracts are freely available after a six-year commitment period. Earlier access for housing, education or care purposes may be possible in certain circumstances. Our expert tip: Check the current terms and premium rules carefully. In the case of insurance, the General Insurance Conditions (AVB) are decisive. These should be read carefully before concluding a contract. Pay attention to the scope of cover and exclusions. Personal advice can help you find the right product for your situation. This ensures optimal protection and returns.
More useful links
Wüstenrot Austria provides comprehensive information about its financial products and services.
Deutsche Bundesbank provides up-to-date financial stability reports that offer insights into the German financial landscape.
Federal Statistical Office (Destatis) publishes press releases and statistical data on various sectors of the economy.
Consumer Advice Centre offers independent information and advice on savings and investment options.
Federal Ministry of Finance provides information on German financial market policy and relevant international developments.
Austrian Economic Chamber (WKO) provides comprehensive data and facts on the banking and insurance sector in Austria.
FAQ
What is special about Wüstenrot building savings?
Wüstenrot building savings is characterised by flexible models such as KLASSIK with variable interest rates after an initial phase or FIXZINS with a fixed interest rate for six years. Added to this is the annual state premium and, currently, an anniversary promotion with a doubling of the premium for 2025 for certain contracts.
Which insurance policies are the most important at Wüstenrot Austria?
Wüstenrot offers a comprehensive range of insurance. Key areas include home and household insurance, motor insurance, life insurance, as well as accident and health insurance such as PlusCare & KidCare.
How can I contact Wüstenrot Austria?
You can contact Wüstenrot Austria via their website, the service app, by phone or in person at one of the service centres throughout Austria. The insurance company’s main telephone number is 0570 70-100.
How many customers does Wüstenrot have in Austria?
Wüstenrot Versicherungs-AG serves around 1.2 million customers in Austria.
Since when has Wüstenrot been in Austria?
Wüstenrot Versicherungs-AG was founded in 1976. However, building-society savings were brought to Austria by Wüstenrot more than eighty-five years ago.
Can I close my building society savings contract with Wüstenrot early?
Early termination before the six-year commitment period is possible, but may result in the loss of the government bonus unless the balance is demonstrably used for housing, education or care purposes.
