CreditPlus Bank AG

Business Summary

CreditPlus Bank AG provides products and services in the areas of retail banking, insurance. CreditPlus Bank AG offers a range of products including time deposit accounts (0.05 - 0.80 %), credit cards, consumer loans (1.99 - 10.99 %), car loans (1.99 - 10.99 %), savings accounts (0.05 - 0.05 %).

Account Opening

Account Opening Procedure
submit online application
upload documents
make transfer

Opening an account with CreditPlus Bank AG can be done by performing the following steps: submit online application, upload documents, make transfer.

Required Documents
passport
proof of address
application form

CreditPlus Bank AG requires the following documents to open a personal bank account: passport; proof of address; application form.

While opening a bank account CreditPlus Bank AG has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by CreditPlus Bank AG and the documents used are outlined below.

Identity Verification
passport
any one of the documents above
Address Confirmation
proof of address
any one of the documents above
Current Occupation
Income Source
Forms
application form
all the forms from above

CreditPlus Bank AG may require additional documentation or information depending on the case.

Identity Verification
PostIdent

CreditPlus Bank AG performs identity verification using PostIdent.

Ways to Bank

Business Channels
branch branch
online banking online banking

Products and services offered by CreditPlus Bank AG are available at its branches and via its online banking system.

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

CreditPlus Bank AG offers the following savings accounts.

Updated on 25 October 2020

Tagesgeld/Flexgeld24
Sales Region
DEGermany
Investment Amount
1,000 - 100,000 EUR
Interest Rate (p.a.)
0.05 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeld/Flexgeld24
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.05 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
1,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with CreditPlus Bank AG are covered by deposit guarantee scheme of Germany up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Germany is not taxed. Interest gained on savings accounts by residents of Germany is taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold by CreditPlus Bank AG from the savings account.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

CreditPlus Bank AG offers the following time deposit accounts.

Updated on 25 October 2020

Festgeld - Zinspilot
Sales Region
DEGermany
Investment Amount
1,000 - 999,999 EUR
Interest Rate (p.a.)
0.05 - 0.65 %
Deposit Term
1 - 48 months
Time Deposit Account Details
Product Name
Festgeld - Zinspilot
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.65 %
Min. Deposit Term
1 month
Max. Deposit Term
48 months
Min. Investment Amount
1,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
DEGermany
Investment Amount
5,000 - 999,999 EUR
Interest Rate (p.a.)
0.15 - 0.80 %
Deposit Term
3 - 84 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.15 %
Max. Interest Rate (p.a.)
0.80 %
Min. Deposit Term
3 months
Max. Deposit Term
84 months
Min. Investment Amount
5,000 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
1 times a year

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with CreditPlus Bank AG are covered by deposit guarantee scheme of Germany up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Germany is not taxed. Interest gained on time deposit accounts by residents of Germany is taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold by CreditPlus Bank AG from the time deposit account.

See Also

Consumer Loans

Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term). Consumer loans offered by CreditPlus Bank AG are shown in the table below.

Updated on 25 October 2020

Beamtenkredit
Sales Region
DEGermany
Borrowing Amount
10,000 - 70,000 EUR
Loan Term
61 - 120 months
Effective Rate (p.a.)
10.99 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
61 months
Max. Loan Term
120 months
Min. Borrowing Amount
10,000 EUR
Max. Borrowing Amount
70,000 EUR
Min. Effective Rate (p.a.)
10.99 %
Max. Effective Rate (p.a.)
10.99 %
SofortKredit
Sales Region
DEGermany
Borrowing Amount
2,500 - 70,000 EUR
Loan Term
61 - 84 months
Effective Rate (p.a.)
10.99 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
61 months
Max. Loan Term
84 months
Min. Borrowing Amount
2,500 EUR
Max. Borrowing Amount
70,000 EUR
Min. Effective Rate (p.a.)
10.99 %
Max. Effective Rate (p.a.)
10.99 %

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Car Loans

Car loans are secured or unsecured (i.e., backed or non-backed by a collateral) installment loans provided to retail customers for the purpose of buying a new or used car. Used cars purchased privately are often financed through unsecured loans, while new cars are financed via secured loans with the car used as the loan collateral. Car loans offered by CreditPlus Bank AG are shown in the table below.

Updated on 25 October 2020

Autokredit
Sales Region
DEGermany
Borrowing Amount
5,000 - 50,000 EUR
Loan Term
36 - 84 months
Effective Rate (p.a.)
4.89 %
Car Loan Details
Loan Currency
EUR
Min. Loan Term
36 months
Max. Loan Term
84 months
Min. Borrowing Amount
5,000 EUR
Max. Borrowing Amount
50,000 EUR
Min. Effective Rate (p.a.)
4.89 %
Max. Effective Rate (p.a.)
4.89 %
Beamtenkredit
Sales Region
DEGermany
Borrowing Amount
10,000 - 70,000 EUR
Loan Term
61 - 120 months
Effective Rate (p.a.)
10.99 %
Car Loan Details
Loan Currency
EUR
Min. Loan Term
61 months
Max. Loan Term
120 months
Min. Borrowing Amount
10,000 EUR
Max. Borrowing Amount
70,000 EUR
Min. Effective Rate (p.a.)
10.99 %
Max. Effective Rate (p.a.)
10.99 %

DEGermany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

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