Deciding which German bank account to open is often tricky. Some bank account provider need your Schufa score, some bank accounts one can open without Schufa. Often, German bank account provider do not offer any services in English. But still. after moving to Germany and sorting out Anmeldung, Expats and international students often have to open a German bank account. In case of students, you might have to opt for a blocked bank account when you arrive, in which the money is blocked for one year and released monthly.
After your arrival, you can also open an additional bank account from one of the provider in the bank account comparison in English. If you are working professional, or if you would require any additional bank account, you can choose one of the providers below.
Account maintenance fee
Cards
Worldwide usage fee
Interest
Account access
Online banking
Extras
Apple Pay
Google Pay
0
free card with contactless payment
VISA + Giro Card options
none (in VISA terminals)
Credit interest: 0.2% p.a. up to 100,000 euros on the DKB VISA card, then 0.00% p.a., balances available daily, interest variable
Online
ChipTAN, PushTAN
DKB live, online cashback, mobile charging, PayPal
Yes
Yes
Fill out the online application
Complete the Identification verification and receive all the documents and cards by Post
0
Digital Mastercard
none
Credit interest: 0.00% p.a. (variable interest rate). Favorable credit line up to 10,000 EUR with currently 7.49% p.a
Online and Mobile
App
Salary bonus of EUR 1.00 per month (monthly cash receipt of at least EUR 1.000,00)
Yes
NA
Fill out the online application
Complete the Identification verification
Account maintenance fee
0
Cards
free card with contactless payment
VISA + Giro Card options
Worldwide usage fee
none (in VISA terminals)
No fee in REWE, DM and co, ATMs
Interest
0.2% p.a. Credit interest up to 100,000 euros on the DKB VISA card, then 0.00% p.a., balances available daily, interest variable
Account access
Online
Online Banking
ChipTAN, PushTAN
Extras
DKB live, online cashback, mobile charging, PayPal
Apple Pay
Yes
Google pay
Yes
Fill out the online application
Complete the Identification verification and receive all the documents and cards by Post
Account maintenance fee
0
Cards
Digital Mastercard
Worldwide usage fee
none
Interest
Credit interest: 0.00% p.a. (variable interest rate). Favorable credit line up to 10,000 EUR with currently 7.49% p.a
Account access
Online and Mobile
Online access
App
Extras
Salary bonus of EUR 1.00 per month (monthly cash receipt of at least EUR 1.000,00)
Apple Pay
Yes
Google Pay
NA
Fill out the online application
Complete the Identification verification
Account maintenance fee
Cards
Worldwide usage fee
Interest
Account access
Online banking
0 (75€ bonus)
VISA
none (in VISA terminals)
Credit interest: 6.5% per yer
Online
MobileTAN, photoTAN
0 – 46.80 € (75€ bonus) for Normal account*
FREE STUDENT ACCOUNT
VISA(29.90€, free for students)
MAESTRO options (free)
none
Credit interest: 7.43% p.a
Online
iTAN, Mobile TAN, pushTAN, QR-TAN
Account maintenance fee
0
Cards
free card with contactless payment
VISA + Giro Card options
Worldwide usage fee
none (in VISA terminals)
No fee in REWE, DM and co, ATMs
Interest
0.2% p.a. Credit interest up to 100,000 euros on the DKB VISA card, then 0.00% p.a., balances available daily, interest variable
Account access
Online
Online Banking
ChipTAN, PushTAN
Extras
DKB live, online cashback, mobile charging, PayPal
Apple Pay
Yes
Google pay
Yes
Fill out the online application
Complete the Identification verification and receive all the documents and cards by Post
Account maintenance fee
0
Cards
Digital Mastercard
Worldwide usage fee
none
Interest
Credit interest: 0.00% p.a. (variable interest rate). Favorable credit line up to 10,000 EUR with currently 7.49% p.a
Account access
Online and Mobile
Online access
App
Extras
Salary bonus of EUR 1.00 per month (monthly cash receipt of at least EUR 1.000,00)
Apple Pay
Yes
Google Pay
NA
Fill out the online application
Complete the Identification verification
Account maintenance fee
0 (75€ bonus)
Cards
VISA
Worldwide usage fee
none (in VISA terminals)
Interest
Credit interest: 6.5% per yer
Account access
Online
Online banking
MobileTAN, photoTAN
Account maintenance fee
0 – 46.80 € (75€ bonus) for Normal account*
FREE STUDENT ACCOUNT
Cards
VISA(29.90€, free for students)
MAESTRO options (free)
Worldwide usage fee
none
Interest
Credit interest: 7.43% p.a
Account access
Online
Online banking
iTAN, Mobile TAN, pushTAN, QR-TAN
Yearly costs associated with maintaining the bank account
Girocard is a debit card service and an inter bank network which connects all German ATMs and Banks virtually
The commission fee for using the ATM service in any part of the world
International Bank Account Number
Bank code number
Transaction Identification Number
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We will review the reports from both freelancer and employer to give the best decision. It will take 3-5 business days for reviewing after receiving two reports.