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This provides English language information about banking in Germany. Are you a foreigner living as an expat in Germany or planning to move to Germany soon? This website gives you all the information you need about banking in Germany. In this website, you can learn about how to select the best bank account for your need and how to apply for and open a bank account in Germany as a foreigner. Different types of bank accounts and most importantly, how to save costs and apply for a free online bank account in Germany. This website also gives a detailed non-biased review of different German bank accounts, compare them with other checking accounts in Germany and lists their advantages and disadvantages. You can also learn tips on how to best use your account.

Best German bank account for foreigners and expats

With over 200 pages of information about banking in Germany, this website reviews a large number of different banks and the accounts they offer. However, for a newcomer, reading all this information sometimes provides a bigger challenge. Therefore, in order to make life simpler to decide on the selection of a bank account for a newcomer in Germany, we recommend the following three banks.

After taking into consideration various factors, we have shortlisted one Internet bank account and one bank with a branch, which we highly recommend for foreigners and expats coming to Germany.

The main factor which was consider was

  • English language bank account
  • Chances of acceptance by the bank
  • Fees and charges
  • Other services

N26 – Best Internet bank account

N26 (formerly Number 26) started its service in Germany recently in 2016. Why do we think this is the best bank account for newcomers? It provides English language application and internet banking facility with a free credit card. Most importantly, it does not check your credit history in Germany when opening the bank account. Therefore, the easiest bank to open a bank account in Germany.

  • English Language banking
  • Free MasterCard Credit Card
  • No checking of Credit Score
  • Free Bank account
  • Least amount of paperwork required and fastest account opening

Read more about Number 26 and its features in the complete review about Number 26 bank.

A step-by-step guide on how to apply for a Number 26 bank account.

Other recommended alternative internet bank account in Germany:

  1. ComDirect: recommended and has good features.
  2. DKB: Highly recommended, but also a high rejection rate

Commerzbank – Best Bank with a Branch

If you are one who needs a physical bank then this is one of the biggest banks in Germany with a large network of bank branches in Germany.

Why is this recommended?

  • English Language online bankingCommerzbank.svg
  • Free bank account  (above €700 p.m)
  • Branch service, with free cash deposit at Cash Machines

Read more about Commerzbank and its features in the complete review about Commerzbank.

A step-by-step guide on how to apply for a Commerzbank account.

Other recommended alternative bank account with branches in Germany:

  • Postbank: Apply for the offers and deals.

Detailed Guides For Beginners

How to select a bank account in Germany: This guide informs you of all the important factors you need to consider when selecting a bank account in Germany.

How to open a bank account in Germany: This guide gives you step by step information on how to open a bank account in Germany. Detailed step-by-step instructions with screenshots of online account opening forms are available for opening an account with Number 26, DKB Bank, ComDirect, Commerzbank and Postbank)

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