DKB Bank offers all retail customers including students with the free and attractive checking /current account. DKB-cash offers you a completely free package for your current account, including ATM card, VISA card and top credit interest of 1.05% pa.
Four reasons why every student should have a DKB bank account
Probably you have heard of DKB Bank Account, maybe not. But if you are student and considering why you should open a DKB Bank Account for students, then here are four good reasons why a every student when studying in Germany should open a DKB Bank Account for Students.
1. Partner in all your travels – Free cash withdrawals worldwide.
It provides a free VISA credit card with free cash withdrawals from any ATM machines anywhere in the world. The Visa card is accepted in any ATM’s worldwide and with more than 1 million terminals worldwide, you are sure to find one anywhere. Irrespective of whether it is traveling within the Euro currency or across the globe in South America, cash withdrawals are free. Unlike other banks which earn through the currency exchange rate, DKB bank also provides a very fair exchange rate.
2. Free lifelong banking – Free Account for life
DKB bank offers always free checking account. This no condition account it is a free account, you can still maintain the bank account after you have completed your studies, irrespective of how much balance is left or how often you make a transaction. Even if you leave the country after your studies, you can still have an Euro currency bank account and withdraw from anywhere in the world free of charge.
3. Earn – good interest rate
With 1.05% interest per month, your deposit earns among the highest rate of interest in Germany. While most of the checking accounts in Germany earning nil interest, and utmost a paltry 0.2% interest, with DKB VISA account, you can earn 5 times more in interest than the normal checking account in Germany.
4. Save – with ISIC Card and DKB-Club
With the DKB Bank Account for students, you get a free ISIC member card which acts as your students identity card which helps you get additional students discounts. More details about the DKB students card with ISIC card is provided below.
Moreover, DKB checking account gives you access to DKB-Club benefits which includes upto 17% cash-back on selected online and in-store purchases. DKB-Cash members also get free entries to certain events and clubs in German cities.
Also check out Top 10 Bank account for Students in Germany
DKB Students Card
What is the DKB-student-card?
The DKB-student-card combines all the features of the DKB VISA card and the International Student Identity Card (ISIC). You benefit from the advantages of internationally recognized student ID by ISIC and a free DKB-Cash VISA Credit Card.
International Student Identity Card (ISIC) provides attractive student discounts at online partners, City Discounts in Germany, Europe and worldwide, including flights, accommodation, museums, shopping and dining
a) ISIC Online Discounts: Many attractive online student discounts, such as up to 10% at the Apple Online Store or 30% in the Logitech online shop and many more offers
b) ISIC City Discounts: Worldwide more than 41,000 discounts. Simply use the ISIC DKB-student-card and receive direct benefits, such as for transportation, theaters, hostel, cinema and much more.
How much does the DKB-student-card cost?
Normally the ISIC card costs €12 per year. However, the DKB Student Card with ISIC students card is absolutely free.
What requirements to obtain a DKB-student-card?
To apply for a DKB student card, you must
- Be a full time student (minimum 15 hours per week), on-leave student or graduate student at a university (university, college, academy or comparable, leading to the achievement of a degree means) with a minimum duration of six months
- Live in Germany, and
- must not already have a DKB student card
Validity of DKB student card
DKB student card is valid for four years. However you have to prove to DKB bank of your student status every year.
How to open a DKB Students Bank Account
- Open a Student DKB-Cash bank account. This can be done from your home country also. A step by step guide to open a DKB bank account for non-residents is provided here. In case you are already in Germany, the steps to open a DKB account in Germany is provided here
- Once the account is open, upload your current student registration certificate (Immatrikulationsbescheinigung) and a photo to DKB bank and they will issue the ISIC card.