How to open a bank account in Germany
A simple step-by-step guide on how to open a bank account in Germany. Open an online Germany bank account and documents required to open a German Bank account
Read MoreEnglish Information about Banking in Germany
All terms at a glance
Account management: | |
Cost: | 0 € (4.50 €) per month |
Conditions: | from 1.000 EUR cash receipt |
Current bonus offer: | 50 € sign up bonus |
Cards: | |
EC-/Maestro: | yes, free |
Credit Card: | VISA from 33 € / year |
Interest: | |
Credit interest daily allowance: | 0.70% / 0.60% pa |
Borrowing rate credit facility : | 9.75% pa |
Banking: | |
Website: | www.vw-bank.de |
Banking options: | Online / Telephone |
Free Cash: | |
Germany: | each machine free |
Abroad: | free world |
Belonging to Volkswagen AG Volkswagen Bank has its headquarters in Braunschweig.
As the VW Bank was founded more than 50 years ago, was the sales financing of the Group’s vehicles in the focus of the business field. A long time has passed and the VW Bank has its range of products adapted to the new demands of the global market. Today, VW Bank is the largest bank in Europe Car. She has more than 700,000 customers, which it offers in addition to the traditional financing of vehicles and a variety of other financial products. The modern and innovative VW Bank today offers its customers the possibility to finance vehicles to create money to purchase securities and lead to a checking account. From the former bank car has become an all-rounder with respect to financial transactions. From the beginning, it was the company’s claim, in all questions of money to ensure its customers a fair partner. Today, VW Bank may with their products, which it markets for the most part over the Internet, compete with other giants of the industry. With many innovative products such as the free checking account, it is even a leader. It is not common at all banks to take over the account management charge.
A newly introduced security system, called Bankey guarantees to all clients of the VW Bank a secure online banking all over the world. Balances on the current account for the VW Bank currently pays 0.5 percent interest on credit balances. For the credit facility granted on request, however, the customer must pay 10.12 percent of the unused credit amount. That’s not cheap, but below average for the bank. All in all considered a lucrative offer from the Volkswagen Bank, now the new customer brings a starter bonus of 50 euros on the current account, if it is used as a salary account and made regular sales.
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Valid till March 31, 2016- open a free Commerzbank account and get upto €175 euro as cash bonus and 11,000 award miles from Miles and More till March 31, 2016
Now open to residents of Greece, Spain, Slovakia, France and Ireland. Open a free German bank account with free MasterCard.
Valid on weekends till further notice- open a free Commerzbank account and get €100 euro as cash bonus and 7,000 award miles from Miles and More till December 31, 2015
A simple step-by-step guide on how to open a bank account in Germany. Open an online Germany bank account and documents required to open a German Bank account
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Free Credit CardsThe Advanzia bank Free Mastercard Gold credit card offers a lifetime free Credit card with free foreign usage without any transaction charges, Mastercard Gold benefits including free travel insurance, and best option for students and expat new in Germany.
Read more!Special Offer, only for our readers: Apply before 30.Nov.2020 and get joining bonus of €25. Free Credit Card with travel insurance, also for international students.
Apply for Free credit card before 19 April 2015 and get joining bonus of €30. Free Credit Card with Instant online approval, transfer to bank account from credit card and cash back offers.
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Hello i am a international student from Vanezuela, I have been admited in Franfurt University , in order to apply for a student visa I need to open a STUDENT BLOCKED ACCOUNT in Germany, please provide information (in english if possible) in order to proceed to open one, FYI , I do not live in Germany so all the appilcable paperwork (if possible) will have to be done remotedly.
Thanks
Adriana Paredes
Gut danke