Frankfurter Sparkasse

Business Summary

Services
retail banking
Products
Clients
natural persons
small- and medium-sized enterprises
public-sector organizations
Area Served
local community
DEGermany

Frankfurter Sparkasse provides services in the area of retail banking. Frankfurter Sparkasse offers a range of products including current accounts, debit cards, credit cards, savings accounts (0.00 - 0.00 %), time deposit accounts, pension plans, consumer loans (1.64 - 7.31 %), car loans (1.64 - 7.31 %), mortgage loans (0.53 - 1.04 %), trading accounts. Frankfurter Sparkasse makes its solutions available to natural persons, small- and medium-sized enterprises, public-sector organizations.

Account Opening

Account Opening Procedure
book an appointment
visit bank branch

Opening an account with Frankfurter Sparkasse can be done by performing the following steps: book an appointment, visit bank branch.

Required Documents
passport
proof of address
application form

Frankfurter Sparkasse requires the following documents to open a personal bank account: passport; proof of address; application form.

While opening a bank account Frankfurter Sparkasse 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 Frankfurter Sparkasse 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

Frankfurter Sparkasse may require additional documentation or information depending on the case.

Identity Verification
branch visit

Frankfurter Sparkasse performs identity verification using branch visit.

Ways to Bank

Business Channels
branch branch
online banking online banking

Products and services offered by Frankfurter Sparkasse are available at its branches and via its online banking system.

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 Frankfurter Sparkasse.

Updated on 25 October 2020

1822direkt-GiroSkyline für Studenten und Auszubildende
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
0.00 %
Annual Costs
0.00 EUR
Current Account Details
Product Name
1822direkt-GiroSkyline für Studenten und Auszubildende
Account Currency
EUR
Annual Costs
0.00 EUR
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
Visa Credit Card Costs (p.a.)
0.00 EUR
MasterCard Credit Card
Telephone Banking
Branch Banking
Online Banking
Current Account Features

No annual fees

Free debit card

Free credit card Visa

Account be can accessed via online banking, phone

Available to German residents

1822direkt-GiroSkyline für Studenten und Auszubildende
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
7.17 %
Annual Costs
0.00 EUR
Current Account Details
Product Name
1822direkt-GiroSkyline für Studenten und Auszubildende
Account Currency
EUR
Annual Costs
0.00 EUR
Interest Rate (p.a.)
7.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
Visa Credit Card Costs (p.a.)
0.00 EUR
MasterCard Credit Card
Telephone Banking
Branch Banking
Online Banking
Current Account Features

No annual fees

Free debit card

Free credit card Visa

Account be can accessed via online banking, phone

Available to German residents

Girokonto
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
7.17 %
Annual Costs
0.00 EUR
Current Account Details
Product Name
Girokonto
Account Currency
EUR
Annual Costs
0.00 EUR
Interest Rate (p.a.)
7.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
MasterCard Credit Card
Telephone Banking
Branch Banking
Online Banking
Current Account Features

No annual fees

Free debit card

Account be can accessed via online banking

Available to German residents

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

No annual fees

Free debit card

Account be can accessed via online banking

Available to German residents

Girokonto
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
7.17 %
Annual Costs
22.80 EUR
Current Account Details
Product Name
Girokonto
Account Currency
EUR
Annual Costs
22.80 EUR
Interest Rate (p.a.)
7.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
MasterCard Credit Card
Telephone Banking
Branch Banking
Online Banking
Current Account Features

Free debit card

Account be can accessed via online banking

Available to German residents

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

Free debit card

Account be can accessed via online banking

Available to German residents

Girokonto Klassik
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
7.17 %
Annual Costs
0.00 EUR
Current Account Details
Product Name
Girokonto Klassik
Account Currency
EUR
Annual Costs
0.00 EUR
Interest Rate (p.a.)
7.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
Visa Credit Card Costs (p.a.)
29.90 EUR
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
30.00 EUR
Telephone Banking
Branch Banking
Online Banking
Current Account Features

No annual fees

Free debit card

Credit card Visa available

Account be can accessed via online banking, phone

Available to German residents

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

No annual fees

Free debit card

Credit card Visa available

Account be can accessed via online banking, phone

Available to German residents

Girokonto Klassik
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
7.17 %
Annual Costs
46.80 EUR
Current Account Details
Product Name
Girokonto Klassik
Account Currency
EUR
Annual Costs
46.80 EUR
Interest Rate (p.a.)
7.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
Visa Credit Card Costs (p.a.)
29.90 EUR
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
30.00 EUR
Telephone Banking
Branch Banking
Online Banking
Current Account Features

Free debit card

Credit card Visa available

Account be can accessed via online banking, phone

Available to German residents

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

Free debit card

Credit card Visa available

Account be can accessed via online banking, phone

Available to German residents

Girokonto Premium
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
6.17 %
Annual Costs
118.80 EUR
Current Account Details
Product Name
Girokonto Premium
Account Currency
EUR
Annual Costs
118.80 EUR
Interest Rate (p.a.)
6.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
Visa Credit Card Costs (p.a.)
0.00 EUR
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
30.00 EUR
Telephone Banking
Branch Banking
Online Banking
Current Account Features

Free debit card

Free credit card Visa

Account be can accessed via online banking, phone

Available to German residents

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

Free debit card

Free credit card Visa

Account be can accessed via online banking, phone

Available to German residents

Girokonto Premium
Sales Region
DEGermany
Overdraft Rate (p.a.)
none
Interest Rate (p.a.)
6.17 %
Annual Costs
118.80 EUR
Current Account Details
Product Name
Girokonto Premium
Account Currency
EUR
Annual Costs
118.80 EUR
Interest Rate (p.a.)
6.17 %
Overdraft Rate (p.a.)
none
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Visa Credit Card
Visa Credit Card Costs (p.a.)
0.00 EUR
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
30.00 EUR
Telephone Banking
Branch Banking
Online Banking
Current Account Features

Free debit card

Free credit card Visa

Account be can accessed via online banking, phone

Available to German residents

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

Free debit card

Free credit card Visa

Account be can accessed via online banking, phone

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

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.

Frankfurter Sparkasse offers the following savings accounts.

Updated on 25 October 2020

Tagesgeldkonto
Sales Region
DEGermany
Investment Amount
1 - 999,999 EUR
Interest Rate (p.a.)
0.00 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeldkonto
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
0.00 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
1 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. Savings accounts made with Frankfurter Sparkasse 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 Frankfurter Sparkasse from the savings account.

See Also

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by Frankfurter Sparkasse.

Updated on 25 October 2020

VISA Classic Kreditkarte
Sales Region
DEGermany
Card Currency
EUR
Card Provider
Visa
Card Type
Standard
Annual Costs
29.90 EUR
Credit Card Details
Product Name
VISA Classic Kreditkarte
Card Provider
Visa
Card Type
Standard
Annual Costs
29.90 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services
VISA Classic Kreditkarte
Sales Region
DEGermany
Card Currency
EUR
Card Provider
MasterCard
Card Type
Standard
Annual Costs
29.90 EUR
Credit Card Details
Product Name
VISA Classic Kreditkarte
Card Provider
MasterCard
Card Type
Standard
Annual Costs
29.90 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services

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

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 Frankfurter Sparkasse are shown in the table below.

Updated on 25 October 2020

Ratenkredit
Sales Region
DEGermany
Borrowing Amount
2,500 - 50,000 EUR
Loan Term
48 months
Effective Rate (p.a.)
7.31 %
Consumer Loan Details
Loan Currency
EUR
Min. Loan Term
48 months
Max. Loan Term
48 months
Min. Borrowing Amount
2,500 EUR
Max. Borrowing Amount
50,000 EUR
Min. Effective Rate (p.a.)
7.31 %
Max. Effective Rate (p.a.)
7.31 %

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 Frankfurter Sparkasse are shown in the table below.

Updated on 25 October 2020

Ratenkredit
Sales Region
DEGermany
Borrowing Amount
2,500 - 50,000 EUR
Loan Term
84 months
Effective Rate (p.a.)
1.64 %
Car Loan Details
Loan Currency
EUR
Min. Loan Term
84 months
Max. Loan Term
84 months
Min. Borrowing Amount
2,500 EUR
Max. Borrowing Amount
50,000 EUR
Min. Effective Rate (p.a.)
1.64 %
Max. Effective Rate (p.a.)
1.64 %

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

Mortgage Loans

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by Frankfurter Sparkasse are shown in the table below.

Updated on 25 October 2020

Baufinanzierung
Sales Region
DEGermany
Borrowing Amount
100,000 - 399,999 EUR
Borrowing Rate (p.a.)
0.53 - 1.04 %
Loan Term
5 - 15 years
Mortgage Loan Details
Loan Currency
EUR
Min. Borrowing Amount
100,000 EUR
Max. Borrowing Amount
399,999 EUR
Min. Borrowing Rate (p.a.)
0.53 %
Max. Borrowing Rate (p.a.)
1.04 %
Min. Loan Term
5 years
Max. Loan Term
15 years
Min. Lending Amount
60.00 %
Max. Lending Amount
80.00 %

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

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts offered by Frankfurter Sparkasse are shown in the table below.

Updated on 25 October 2020

Wertpapierdepot
Sales Region
DEGermany
Annual Costs
0.00 EUR
Costs per Order
0.00 EUR
Trading Account Details
Product Name
Wertpapierdepot
Annual Costs
0.00 EUR
Costs per Order
0.00 EUR
Traded Instruments
stocks
ETFs
OTC Trading
Intraday Trading
Trading Account Features

Major world stock exchanges

Most popular trade instruments

Available to German residents

No annual costs

Wertpapierdepot Neukunden-Aktion
Sales Region
DEGermany
Annual Costs
0.00 EUR
Costs per Order
0.00 EUR
Trading Account Details
Product Name
Wertpapierdepot Neukunden-Aktion
Annual Costs
0.00 EUR
Costs per Order
0.00 EUR
Traded Instruments
stocks
ETFs
OTC Trading
Intraday Trading
Trading Account Features

Major world stock exchanges

Most popular trade instruments

Available to German residents

No annual costs

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.
Investor Compensation. Trading accounts made with Frankfurter Sparkasse are covered by investor compensation scheme of Germany up to 20,000 EUR per investor.

See Also