Commerzbank Kostenloses Girokonto
- Online banking app
- €0 cash withdrawals at Cash Group ATMs
- Virtual debit card with Apple Pay and Google Pay
Updated . What changed?
Digital banks put your finances at your fingertips 24/7. There’s a host of online banks, digital-only banks and personal finance apps available now, designed to give you better, faster control of your cash.
We’ve rounded up everything you need to know so you can decide if a digital bank account is right for you.
*Openbank Black Friday promotion conditions: Only available to the first 2,000 customers who open an Open Payment Account and deposit at least €300 before 27 November 2020. Check Openbank’s website for full conditions.
Digital banks, also called online banks, offer a way to control your money, usually through a smartphone app or web app. They allow you to log into your account anywhere with Internet access, giving you constant visibility of your money and helping you understand the best way to manage it.
There are several advantages to signing up with a challenger bank:
Here are a few things that you may not know about using your smartphone to do your banking:
While traditional bank accounts usually only allow you to hold one currency, digital bank accounts such as Revolut allow you to hold several currencies in the one account. Revolut and other digital banks such as Wirex also allow you to trade cryptocurrencies in your account.
In Germany, digital banks usually have limitations on how many ATM withdrawals you can make a month and do not offer cheque facilities.
Travel is big with digital banks. You will usually find these banks allow you to transfer money to other countries with low or no foreign currency transfer fees. ATM fees in foreign countries will also be lower or abolished altogether.
Not every mobile bank has a full banking licence. The banks are still able to conduct banking business in Germany but may be partnered with a licenced bank or financial operator, such as a payments company, to do so.
Some German digital banks require you to conduct all of your banking from your smartphone. This means no Internet banking from your computer or tablet.
Digital banks still take security seriously, but you will see different security features. For example, you will usually be able to lock and unlock your card in case it’s stolen or you lose it. There’s also no need to call, you can do this in the app. With most mobile banks you can also set payment limits and turn on and off payment capabilities such as contactless payments.
Some mobile banks charge higher monthly fees for premium accounts which offer features such as insurance, discounts and more. This means a higher cost at first which will negate your ongoing costs.
There are a number of companies offering bank accounts, finance apps and ways to manage your spending. However, not all of these are licenced as “banks”. Some providers are electronic money institutions or payment institutions.
These non-bank providers are still able to offer you debit cards and finance apps, but the account where your money is held is not considered a bank account. You are also not protected under the deposit guarantee which will safeguard up to €100,000 of your money in case anything happens to the bank. You can compare bank and non-bank providers in the table above.
There are a number of mobile banks and finance apps available in Germany. These include:
You can sign up with a German digital bank by downloading your chosen bank’s app onto your smartphone. You will need a few of your personal details to sign up, including your full name, date of birth, address and email address. You will need to confirm your identity and may need to deposit funds into your account to make it active. Then, your bank account will be created.
The live-action blockbuster will be offered on Premium Access.
If you’re looking for a new ebook reader or want to know more about ebooks, we’ve got you covered.
Was Sie über die insha wissen müssen: Es handelt sich hierbei um eine mobile Bank, die eine Reihe von Merkmalen einer traditionellen Bank aufweist und im Einklang mit der Scharia steht.
Was Sie über die beliebte digital banking app in Deutschland wissen müssen.
Plus500 is a CFD trading service, which allows you to trade CFDs for a range of financial instruments including shares, EFTs and commodities. Read our review here.
Streaming shows and movies with Disney+ is a breeze but which features give you bang for your buck?
Finde heraus, was du über die digitale Bank N26 wissen musst, um zu sehen, ob sie die richtige Wahl für dich ist.
Mit über 500.000 Vertriebsstandorten weltweit und zahlreichen davon allein in Deutschland ist das Senden von Geld ins Ausland mit Western Union einfach und schnell.
Want to buy bitcoin but don’t know where to start? This comprehensive guide provides step-by-step instructions on how and where to buy BTC in Germany.
With over 500,000 agents worldwide and more than 70,000 of them in the United States alone, sending money overseas with Western Union is simple and fast.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.