Updated on 15 October 2024
No annual fees
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Established in 1994, comdirect bank is a direct bank, a member of Commerzbank Group. Initially prodiving online brokerage services, comdirect bank now also offers a complete range of retail banking products and services to its online customers. In 2009 comdirect bank started offering investment management solutions to business customers.
No annual fees
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking
Available to German residents
C24 Bank was founded with the vision of providing customers with particularly convenient and secure banking while at the same time providing functions that customers can use to optimize their finances and save money. C24 Bank is a member of CHECK24 Group and uses its open banking platform to help the customer discover new financial products.
Debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
ING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
ING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
Debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
ING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
BNP Paribas is a French banking and financial services institution. BNP Paribas is one of the largest banks in Europe and in the world. BNP Paribas Group has been active in Germany since 1947 and serves private customers, companies and institutions via its twelve entities. Direct retail banking and securities trading are offered via Consorsbank, a brand name of BNP Paribas.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking
Available to German residents
BNP Paribas is a French banking and financial services institution. BNP Paribas is one of the largest banks in Europe and in the world. BNP Paribas Group has been active in Germany since 1947 and serves private customers, companies and institutions via its twelve entities. Direct retail banking and securities trading are offered via Consorsbank, a brand name of BNP Paribas.
Free debit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Founded in 1870, Commerzbank is an international commercial bank with branches and offices in more than 50 countries. Commerzbank's core markets are Germany and Poland. Commerzbank offers its products and services to private and corporate clients, as well as institutional investors.
Debit card available
Credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
PSD Bank Nürnberg eG is a cooperative bank owned by its members via shares.PSD Bank Nürnberg eG provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).
No annual fees
Free debit card available
Credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Frankfurter Sparkasse is a member of Sparkassen Finanzgruppe and is the 5th largest savings bank in Germany out of 353.
Core business of Frankfurter Sparkasse is providing high-quality retail banking products and services to local residents: private customers, small- and medium-sized enterprises and public-sector institutions.
Traditionally for savings banks Frankfurter Sparkasse is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Frankfurter Sparkasse to avoid excessive risks which is reflected in high credit ratings of Frankfurter Sparkasse.
Frankfurter Sparkasse, one of the largest savings banks in Germany, is a modern, universal bank, providing all types of financial services for both private and corporate customers. Frankfurter Sparkasse offers direct banking via its subsidiary 1822direkt.Frankfurter Sparkasse belongs to Landesbank Hessen-Thüringen (Helaba).
Free debit card available
Credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Deutsche Postbank was formed in 1990 as a result of de-merger postal savings division from Deutsche Post. Deutsche Postbank offers retail and corporate banking and insurance simple, low-priced and fair products and services to its individual and business customers via Internet and mobile banking, telephone, a wide branch network and postal offices. Since May 2018, Deutsche Postbank operates as a branch of DB Privat- und Firmenkundenbank AG.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
TARGOBANK is a subsidiary Crédit Mutuel, a French cooperative bank. TARGOBANK provides retail banking products and services. The bank's is focused on reliable advice and simple, attractive products. TARGOBANK distributes its products via different channels - branches, phone, Internet.
Free debit card available
Credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
TARGOBANK is a subsidiary Crédit Mutuel, a French cooperative bank. TARGOBANK provides retail banking products and services. The bank's is focused on reliable advice and simple, attractive products. TARGOBANK distributes its products via different channels - branches, phone, Internet.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Established in 1994, comdirect bank is a direct bank, a member of Commerzbank Group. Initially prodiving online brokerage services, comdirect bank now also offers a complete range of retail banking products and services to its online customers. In 2009 comdirect bank started offering investment management solutions to business customers.
Debit card available
Credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Frankfurter Sparkasse is a member of Sparkassen Finanzgruppe and is the 5th largest savings bank in Germany out of 353.
Core business of Frankfurter Sparkasse is providing high-quality retail banking products and services to local residents: private customers, small- and medium-sized enterprises and public-sector institutions.
Traditionally for savings banks Frankfurter Sparkasse is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Frankfurter Sparkasse to avoid excessive risks which is reflected in high credit ratings of Frankfurter Sparkasse.
Frankfurter Sparkasse, one of the largest savings banks in Germany, is a modern, universal bank, providing all types of financial services for both private and corporate customers. Frankfurter Sparkasse offers direct banking via its subsidiary 1822direkt.Frankfurter Sparkasse belongs to Landesbank Hessen-Thüringen (Helaba).
No annual fees
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Santander Consumer Bank Aktiengesellschaft, a member of Santander Group (Spain), is a provider of financial services in retail banking. The head bank of the group, Banco Santander, based in Madrid is mainly active in retail banking and in addition in global wholesale banking, cards, asset management and insurance business.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
ING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
Free debit card available
Free credit card available
Account be can accessed via online banking, mobile banking, phone, branch
Available to German residents
Established in 1994, comdirect bank is a direct bank, a member of Commerzbank Group. Initially prodiving online brokerage services, comdirect bank now also offers a complete range of retail banking products and services to its online customers. In 2009 comdirect bank started offering investment management solutions to business customers.
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Current accounts are usually non-interest bearing deposit accounts which are designated to perform day-to-day banking transactions and are often offered with a payment card (a debit card and/or a credit card). Also current accounts may include overdraft possibility.
The table above shows selected current accounts offered to retail customers by the banks in Germany. The interest rates (per annum) are within the range 0.00 - 2.25 %,the overdraft rates (per annum) - 0.00 - 15.80 %, the annual costs - 0.00 - 119.40 EUR.
Deposit Guarantee. Current accounts made with credit institutions in Germany are covered by deposit guarantee scheme up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on current accounts by non-residents of Germanyis not taxed. Interest gained on current accounts by residents of Germanyis taxed at 26.00% rate. When the interest is paid, this tax is automatically withhold from the current account by the bank.