FIDOR Bank AG

Business Summary

Services
retail banking
B2B banking services
Clients
individuals
business entities
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts (0.00 - 0.70 %)
consumer loans
car loans
trading accounts
Area Served
DEGermany

FIDOR Bank AG provides products and services in the areas of retail banking, B2B banking services. FIDOR Bank AG offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts (0.00 - 0.70 %), consumer loans, car loans, trading accounts. FIDOR Bank AG makes its solutions available to individuals, business entities.

Account Opening

Account Opening Procedure
completely online
performed within a few minutes

Opening an account with FIDOR Bank AG can be done by performing the following steps: completely online. It usually requires about a few minutes.

Required Documents
passport
proof of address
application form

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

While opening a bank account FIDOR 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 FIDOR 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

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

Ways to Bank

Business Channels
online banking online banking
mobile app mobile app

FIDOR Bank AG operates as a direct bank without a branch network. Products and services offered by FIDOR Bank AG are available via online banking, mobile application.

Mobile Application:

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

The following current accounts are offered by FIDOR Bank AG.

Updated on 27 October 2020

Fidor Smart Girokonto
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
0.00 %
Annual Costs
60.00 EUR
Current Account Details
Product Name
Fidor Smart Girokonto
Account Currency
EUR
Annual Costs
60.00 EUR
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
24.00 EUR
Visa Credit Card
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
0.00 EUR
Telephone Banking
Branch Banking
Online Banking
Current Account Features

Debit card available

Free credit card MasterCard

Account be can accessed via online banking

Available to German residents

Fidor Smart Girokonto
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
8.50 %
Annual Costs
60.00 EUR
Current Account Details
Product Name
Fidor Smart Girokonto
Account Currency
EUR
Annual Costs
60.00 EUR
Interest Rate (p.a.)
8.50 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
24.00 EUR
Visa Credit Card
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
0.00 EUR
Telephone Banking
Branch Banking
Online Banking
Current Account Features

Debit card available

Free credit card MasterCard

Account be can accessed via online banking

Available to German residents

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

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).

FIDOR Bank AG offers the following time deposit accounts.

Updated on 27 October 2020

Sparbrief
Sales Region
DEGermany
Investment Amount
100 - 100,000 EUR
Interest Rate (p.a.)
0.00 - 0.70 %
Deposit Term
3 - 72 months
Time Deposit Account Details
Product Name
Sparbrief
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
3 months
Max. Deposit Term
72 months
Min. Investment Amount
100 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. Time deposit accounts made with FIDOR 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 FIDOR Bank AG from the time deposit account.

See Also