Free / Cheap Banks for opening a current account in Germany – 01-2018
Some German banks comparison – For more info contact the bank direcrly
| No. | Bank | Conditions (pa) * | Advantages and disadvantages* |
|---|---|---|---|
| 1 |  Top checking account To the bank |
Basic fee: 0 € Debit card: 0 € Credit card: 0 € Credit interest: 0,20% Dispozins: 10,85% |
Deposit money to 700+ ATMs from Deutsche Bank for free Account management, EC and credit card free of charge without conditions At about 10,000 ATMs Cashgroup free withdraw money Free cash withdrawals abroad by credit card Right high disputes As direct bank no branches |
| 2 |  DKB-Cash To the bank |
Basic fee: 0 € Debit card: 0 € Credit card: 0 € Credit interest: 0.20% Dispozins: 6.90% / 7.50% |
Low dispozins (slightly higher for non-active customers) 0.2% pa interest on the visa card credit Account management, EC and credit card free of charge without conditions Accept free cash with credit card throughout Europe Deposit cash only possible at a few machines As a direct bank hardly branches |
| 3 |  Checking account To the bank |
Basic fee: 0 € Debit card: 0 € Credit card: 0 € Credit interest: 0% Dispozins: 6.99% |
50 € premium (if used as a salary account) Low disputes Free money at 90% of the machines in Germany Account management, EC and credit card free of charge without conditions Fees for withdrawing foreign currency As a direct bank hardly branches |
| 5 |  Checking account To the bank |
Basic fee: 0 € card: 0 € Credit card: 25 € Credit: 0 % Dispositions: 7.43% |
Free money at 25,000 machines of the bank Free withdrawals with credit card in the EU 120 € premium (with 2 salary entries over at least 500 €) 50 € premium for recommendation Account management, debit and credit card only with money receipts free of charge As direct bank no branches |
| 6 |  Checking account To the bank |
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| 7 |  Giro directly to the bank |
Basic fee: 0 € Debit card: 0 € Credit card: 0 € Credit interest: 0.05% Dispozins: 10.55% |
At about 10,000 ATMs Cashgroup free withdraw money Withdraw money at Obi, Shell petrol stations and many post offices Personal advice in 6,000 Postbank branches Free only at monthly. Receipt of money over 1000 €, otherwise 5.90 € Credit card only in the 1st year for free, then 22 € per year High dispozins |
| 8th |  Checking account |
varies depending on the Sparkasse | Largest store network in Germany Withdraw money at over 25,000 machines in Germany Good customer service Often monthly account maintenance fees Often fees for transfers, debit and credit card Often high disputes |
| 9 |  Free checking account To the bank |
Basic fee: 0 € debit card: 0 € credit card: 39,90 € credit interest: 0% disbursements: 10,25% |
50 € starting credit (after 3 months of use with at least 5 monthly bookings of at least 25 € and paydirekt registration) Good online banking application with digital budget book At about 10,000 ATMs Cashgroup free withdraw money Account management only free of charge with salary of at least 1200 € Optional credit card costs € 39.90 per year |
honorary mention is : consors bank