German banks that offer free banking

161 posts in this topic

Posted

I don't know if this topic has been asked before, but do all the Banks charge a monthly fee?

We are currently with DB and we get charged 6 Euro a month.

I know some banks waive this charge if your wage is paid in, trouble is, we are leaving Germany but need to leave an account open.

Any suggestions?

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Posted

Mine at Sparkasse charges 3 a month.

 

Only savings accounts are free to my knowledge.

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Posted

Yeah, mine is free but only because I stick the wage in as you rightly said.

 

It's scandalous, actually.

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Posted

I have a direct deposit, but they still charge me at my bank. What is that for shit.

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Posted

I just changed from DB to Postbank - no monthly charges on the Girokonto. They don't let you pick your own pin number, though...

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Posted

Postbank Giro Plus, their standard current account:

 

 

* Kostenloses Girokonto für alle Privatkunden mit monatl. bargeldlosem Geldeingang ab 1.000 €, sonst 5,90 €/ Monat

 

So, €5.90 a month unless you have at least €1,000 per month paid in or go for the student account.

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Posted

Has been discussed extensively before. Free bank accounts are available for specific social groups e.g. students underage unemployed or people with a secure income. Charges are the norm. Reason for that is price transparency. Other charges are lower in exchange.

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Posted

Norisbank is the no frills subsidiary of DB and offers free online and self-service banking. However, I do not think that they can offer the full range of services that DB is capable of offering.

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Posted

Free bank accounts in Germany. Those with the note "kein Mindestgeldeingang erforderlich" don't have a minimum income requirement. Not sure how they would react if you left the country though.
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Posted

DKB. I've got an account and it's free and I'm not even in Germany.

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Posted

DKB and Wuestenrot. I applied for DKB first, was refused and then went to Wuestenrot. Neither of them charge monthly fees and they even pay higher interest than the regular banks.

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Posted

Hi, if I'm on Student Visa Status will the local bank ket me open an account? Thanks

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Posted

I have just applied to open a joint account ING-DBA as I have noticed that there are no charges at all.

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Posted

I use ING-Diba too. They are totally free.

 

https://www.ing-diba.de/girokonto/

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Posted

 

I use ING-Diba too. They are totally free.

 

Sigh. The OP is looking for accounts that don't require a monthly minimum credit. Your account requires minimum €1,000 per month.

 

 

ING-Diba Girokonto

regelmäßige monatliche Zahlungseingänge ab 1.000 Euro

 

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Posted

... which is why I provided a link that shows all the known free accounts and highlights those that have a minimum income requirement...

 

Edit: the link didn't work in the earlier posting with some browsers. This one should. Account not requiring any specific or regular income are marked "kostenlose Kontoführung ohne Mindestgehaltseingang"

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Posted

 

Sigh. The OP is looking for accounts that don't require a monthly minimum credit. Your account requires minimum €1,000 per month.

 

Looking at the link, I don't see where they tell you that there is a monthly fee if you don't have an income of a minimum €1,000 per month. They do however have a 50€ change-from-another-bank bonus which you only get if you use this account as your main account and have an income of €1,000 or more per month.

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Posted

Cool!

When do I get my commission?

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Posted

@ Olaf--Seriously, free cash at all visa atms? No compounded interest on the cash you take out?

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