I am a software engineer and I need this account for freelancing and also to apply for an internship in Germany. Currently, we are working on finding alternatives, because we really would like to recommend a solution for you and other people with similar needs.
How well do you handle the German language? This is important to German banks as only the fewest offer their online banking in English language. Too bad those border restrictions within the current EU. I live in Holland, only 15km from the German border, and being in Germany is part of both my work and my social life.
My German language skills are good. But if I understand correctly it is not possible for me to open a DKB konto. I myself am not satisfied with this situation and wish — I even expect that it will happen in the following 1 to 2 years — that the DKB will change its politics.
How would this influence my eligibility and ability to open a DKB account? Verification of identity would be a trivial affair. Try the account opening. Maybe you get an experience or an experience a new free account with free visa card.
But probably some years later, I will have to go back to my country. Question is if I can receive the new credit card in my country when it is expired.
Moving abroad will not be a problem. The new bank cards will be sent to you free of charge! Thank you very much for the informative website. I am an immigrant living and working in Germany. I am looking to switch my bank account to a direct bank as I need a credit card. I looked in the websites of these banks none of them are in English. I am a bit hesitant to have an account in a bank which does not provide support in English.
Could you please suggest me some direct bank which supports in English if not the website at least in the telephone in case of some problem. Thank you for the informative post! What would be the best option? I thought I may just apply to a current account, then transfer money online from my Saudi bank account to a German bank account but it seems that the fees and exchange rate differ from one back to the other. The DKB Visa credit probably does not fit optimally your requirements.
The current account and MasterCard are both free of charge. You can even withdraw cash free of charge around the globe. However, there is no interest on balance and as there is no credit line, consequently, there are no lending rates either. Unfortunately, I cannot give you any recommendations on money transfer, as our favourite provider, TransferWise does not involve SAR yet.
At a transfer to the N26 account, I would transfer in SAR, because the conversion is performed without charges or fees at the MasterCard rates.
Could one use this account to receive your monthly salary in? I am looking for a basic bank account to receive my salary as well as manage it online globally. That is correct, it is a wonderful idea to use the DKB bank account as a salary account, because then you will automatically receive an overdraft limit in the amount twice as much as the monthly salary.
And this on the current account and credit card. The DKB Visa credit card can be implemented more extensively as a salary account than as the variant with only a small credit limit. Hopefully some time soon it will. That would be ideal! That is correct, there are no fees on the part of N It is a start-up company and therefore, information of the supplier is often a little chaotic.
Thank you! How would one do so? What steps needs to be taken? I am looking for a bank account that one can do internet transactions with as well as save money at the same time With a interest rate. For opening a DKB account there is no need for a invite code. You can start with the application immediately. I am a foreigner going to work in Germany as a doctor.
Could you please give me some advice? Good question! However, a broker account cannot be opened. Furthermore, one should understand German, because the account application and online banking is only available in German language.
You must understand: a bank that offers a completely free current account with a free Visa credit card and worldwide free cash withdrawals must be careful, which customers it approves.
Despite the freedom of cost in important areas, it must be capable of earning money. Hi my wife is German and has a DKB credit card. How do I do it? I have part of the property in Germany, but I am not living or working in Germany.
In order to get some services and to pay for them I need German bank account. What is the procedure? Can i do everything without going to Germany?
Do i need to do any identification or anything else? Can i do this online? I am from EU country. Should i write my address where i live or I should I insert the address of the property i own in Germany? The DKB always wants to know your residential address. Please also note that the DKB does not open any bank accounts for foreigners, who live abroad anymore.
Gregor thanks for your replay. So let me better understand, i can open prepaid bank account the one in the link being as foreign by online form? But still i need to declare residential address? Or it is enough to identify myself through Deutsche post?
As i understand both i need to do being physically in Germany? Please read the linked article with attention. You will find the answers to your questions there. We do not offer a personal consulting as almost no one really wants to pay for a professional consulting. I am an Australian citizen living in Australia but currently on holiday in Germany.
I am not registered at the German address. You can try it, but I do not know, if it works… as the product developers built the account rather for another target group. I have arealdy tried to apply, but the online application system is refusing. I am also student in Germany and i have apply for DKB credit card but the online application system refuse my application.
Do have any idea how much is the base value for application acceptance for University level students. As currently i am earning 1. Also after getting acceptance from online application system, will they ask for salary statement for proof? The income is only part of the credit check. Submit an application and see what happens. Would I need a special international account or just a basic one would do it? Thank you very much. I mean I give them the money and they deposit in my online account.
I have sent money to different countries but never to a online account, usually to a real bank. Thank you. Thank you for the quick response. That should help a lot. For many years, this was possible with the DKB.
Since summer of , such constellations of account openings do not work anymore. I hope that this will be possible for the benefit of us internationally moving bank customers in the course of the European inland market and later perhaps also TIPP.
I live in the US but will be working for a European company and paid in Euros. I would like to open a bank account in the EU preferably Germany to deposit my salary. I am not travelling to the EU soon and will be working from the US. Are there any banks where I could open an account without teavelling there personally? DKB not, maybe Comdirect. I now have permanent residency and am trying to get more serious about my finances. I have never missed any payments in those 24 months, they were all on time.
My salary will be I have some questions though about banking though sorry for the long post : 1. Are the Visa card credit limit and the Dispo limit 2 different things, or are they the same thing? For me, at a salary of If I am approved, how much do you think the limit s will be?
Thank You so much! The Visa card credit limit refers to the credit limit on your Visa card, but the Dispo limit if you get one refers to a potential credit line on your banking account.
I am sorry, but the approval of a bank and any credit desicsions depend on several variables, so that I cannot give you an answer here. If you have money deposited as in prepaid on your Visa card and you pay with this card, the payment is taken out of that deposit amount immediately. When it comes to the Visa card credit line, then these amounts will be collected and taken out of your banking account once a month, around the Hi My name is Amin, i am a student here in Germany.
I was going through all the credit card sites so i found this one. I want to know that can i open an account in this bank and is there ant student offers from this bank. No matter if student or not, the account and the Visa Card are free of charge anyway! I have three questions regarding the credit Card.
Will this be a problem in issuing the Card? How much credit limit will I get in the start? I have a fixed decent salary. How long it takes to get the credit Card after applying? The DKB is a bank that due to its very good offer is very particular about their credit assessment.
Usually the starting credit limit ranges between to 1. More is possible, too — pls. After your account application and the legitimization process is done, it takes about 2 weeks until you can use your card. You will receive several letters that contain your cards, the PINs and your access information for online banking.
In which my visa application might require a blocked account of euros with a 50 euros fee! Also to deposit money in my account, is it possible if I transfer the money abroad in foreign currency that is Thai Baht to my account?
Any fees that I have to pay for the transfer aside from the bank exchange rate? My income will be from my family and the money will be in Thai Baht.
So would my option for Comdirect be a safer choice? Neither DKB nor Comdirect open blocked accounts. Please contact the bank that has been recommended during the application process for the Visa.
In most cases, that is the Deutsche Bank. The fee of 50 Euro is already subsidized, because an account opening, its closure later and the use for a few months are significantly more expensive. You can transfer money from many countries inexpensively via TransferWise. Regrettably, Thailand is currently not connected to that network yet, but that will change in the future.
Good luck in Germany! How can I open a bank account online? I want to transfer money from my current job into that bank account before I arrive to Germany. I basically need to open a german bank account before I get to Germany. Can I do this in DKB? If not, could you please lead me to a bank that would? Thanks a lot of the reply Gregor. You can try it, when you are in Germany. DKB has become more hesitant though with potential customers who are only in Germany for a short time.
Often, people would use the accounts only for the free-of-charge withdrawal of cash which means DKB had to cover the costs , without doing much else with the accounts. After leaving Germany, they would either cancel the account or leave it without message. For a bank that does not charge any account administration fees not for the Visa Card, either , it is not easy to work with such customers on an economic level.
DKB is the best recommendation for people who are willing to have their salary transferred there and really use the account, maybe even have a savings or custodial account there or maybe later use the bank for financing. For people who are only in Germany for a short time we recommend opening an account with a provider who charges a fee for the account.
In exchange you get an account immediately and do not need to be bothered regarding the credit check which is customary in Germany if you want to open a free-of-charge Giro account or a potential negatory decision. I have a DKB account. I am going to London this weekend. What is the best way to get money there with my cards? Or will I have to pay due to the conversion from euros to pounds?
The giro card is useless abroad, correct? Until the removal of foreign transaction fees Auslandseinsatzentgelt it is the most inexpensive to withdraw cash from the ATM and pay in cash.
DKB does not claim a fee for that. Have a look at our article Withdrawing Money in Hungary. Thank you for your quick answer. So this way I will try to get money only at banks ATM machines. I was just hoping I could also pay with my card without fees and to avoid to have many pounds with me.
Thank you once again. I got a DKB account some months ago and your website has been very helpful. What is the best way to transfer? Thanks Paul. Thank you for your reply, I did go into Transferwiese website, it has no option to transfer euro to euro. Hi there Can I as an Australian citizen German speaking open an account on line.
If not possible can you give me other options. I do have relatives in Bayern. The only possibility you have with DKB is to try to open up a joint account.
As first account owner, the person from Germany should be registered. Please bear in mind that each of you individually will be authorized to dispose of the account. Also, a relative could open a single account and then name you as authorized person. This would be even easier, though not quite right, because like that it would not be your account! The account opening, ad-ministration as well as the credit cards cost the bank a lot of money, even if they do not charge the customer for that. The bank can only be compensated for these costs, if the account owner either frequently uses the credit cards for payments or uses other products like saving products or credits.
That is why almost all banks worldwide are rather reluctant with such account applications. Exemptions are accounts with monthly fees, like they are offered by e. Here the provider earns money in-dependently from the actual use. Currently, legitimization is only possible via the Post post office in Germany.
Next year there will be a video solution, so that one can comfortably open the account from abroad as well. Does DKB visa card has any insurance coverage, i.
Trip cancellation, flight delay, lost baggage etc. No insurance or something in this direction. That service is for smart bank customers for free. Value: Euros My wife is a German citizen with a German passport.
I am American. My wife needs a current account in Germany. She wants to share the account with me. I speak German fluently. Transactions through the account per month: about Euros 4, There are exceptions. Is it worth the trouble to try and get an account? Yes, there are good chances.
If you apply for a joint account , then you can have the account together. You will get exactly the same card equipment as she does. Your legitimating will be a little more difficult, because a bank cannot be familiar with all ID-types of the world through the webcam.
A possibility is the bank legitimating procedure in which a US-bank proves and confirms your identity via form or you can make the legitimating in a German post branch office during your next Germany-trip. PS: Alternatively, your wife can open a single DKB-account and include you as an authorized person to the account as a next step. Being an authorized person , you can also get the complete card equipment and an access to the online-banking.
I am a little bit confused with the terms on the account page; Please explain a bit what it all means. Also please explain about your use of the two Visa cards from DKB, because they only gave me one when my account was opened.
As standard, a Visa Card is issued. Formerly you had the option to apply for a second Visa Card for saving purposes, since a balance there incurs interest. Cash im Shop: This is an option for when you shop at selected retailers in Germany and can withdraw cash from your Giro account when paying your purchases at the cash register. Thank you for the prompt reply and clarification. Maybe you can explain the statement below. Hello, I already have an account. In my case, I would only need the card for a similar example as this one provided on your website:.
However, you should check the credit limit beforehand and if necessary deposit the amount your will need. My question is: how much do I need to call the bank services and how much can be simply done online? I tried to use the DKB-Cash link, which allows you to specify that your country of residence is USA, but then it says the account cannot be opened.
I contacted DKB about this and they told me that only citizens of Germany, Austria and Switzerland can open an account. Of course, that is possible. The banking account as such does not accumulate interest, and the credit card only does, if you put additional money onto it.
If you use your DKB account as your regular account for your salary, you will receive a credit line on your banking account, so that you might be able to do without additional money transfers between the two cards. I need to open an account ideally before I start. Can I do this online before I arrive or do I have to make an appointment with the bank once I am there?.
Any advice please. I have been reading your blog and I have found many answers. However, I want to know if you might have some recomendations for me. This is because I and going to Germany for one month for academic issues and I want to open an account.
My country is not elegible for open an account throught online service. Do you have any idea in which I can open an account? I want to save money in other currency. If you understand German, you can even — in justified cases — open a savings account from abroad at Comdirect Bank. That is called Tagesgeld Plus. But the interest rate is very low. Generally, the interest rates in Germany are currently very low, so that it is not very worthwhile to open up a savings account.
If you at least have a temporary address in Germany, so that you can receive the banking card no hotel address or P. There will be a fee for the opening, but it is completely in the English language. An English language version is currently in the works. You might have some luck if you simply go into a bank branch … but that is outside our business expertise, since these operate very differently. Our web portal is specialized in the best online banks. It is easier though, to become a customer of one of the best direct banks, if your residence is in Germany instead of abroad.
I have never lived in Europe before. Do you think I will be able to open a DKB account? I will have an address in Germany shortly, but I probably do not have any record in Schufa. And how about a Comdirect bank account? Should it be easier for me to open such an account over a DKB one? And another question: What is the current interest charged once every month for the use of DKB Visa card?
Hello Author, Many thanks for this blog and for your efforts to write!!! I have Indian Passport. For me the Identification was successful. But when we told him that we already did my authentication before 10 mins, he checked it back and then did for my wife also. I am an international student in Germany and I am here for 5 years to complete my studies. I want to ask one question I can apply credit card or not. I have account in Deutsche Bank and Commerzbank as well my monthly salary coming in Commerzbank.
I will be very thankful if describe something relating for this. Whether that make sense for you, we cannot judge for you, and the same goes for the question, whether the bank will open the account.
This will be decided in the course of the credit check, as it is generally done with German direct banks with a Visa Card credit line.
Good luck! She travels around Europe a fair bit, and wants an account she can use to withdraw euros in different countries. Strangely, the VISA credit card was declined, but she was able to withdraw cash with the maestro debit card.
She has credit in both accounts. Can you think of why this has happened? Will she incur any charges? If you try to withdraw amounts below 50 EUR, it does not work.
Switching to the giro card is not a good idea, because with the giro card the customer pays the withdrawal fee. If there is a different reason, please contact the bank directly. As editorial team we do not have any access to customer or card dates. The account has a credit line, so the lowest possible account balance is the full use of the individual credit line.
Another one…. So to get my money in is easy. Does this mean that is it mandatory to always withdraw minimum 50 EUR equivalent? Unfortunately, I could not open the account.
It was not clear why, but they asked me to fill up a feedback version where I could fill the application and send. After three working days, I receive a letter that my account can not be opened for some reasons which they did not mention. If I need to know, I had to write them a letter and post. Utter insane it is. I guess they deliberately do not want to provide services to foreigners.
Has anyone else had the same experience? In addition, these can be very different from bank to bank. If you for example go to a Sparkasse, you can get an account easily. Via the questions in their online application they try to assess this point, and there are also additional queries at credit check agencies, e. Schufa and Infoscore.
If somebody does not have a good history with those, important requirements for the account opening are not being met, which by the way is the case with many Germans as well! In our coaching program we coach, among other factors, regarding how to build a good credit standing. Building a good credit standing in the country, where one lives, is important, for example in case one wants to finance something at a later point, for example a car or home.
But I want to open a DKB account for its evrstaile services for using it in abroad. I have two questions:. Just want to verify this information before applying. During the first 12 months, this benefit is granted even without the incoming money.
So you have enough time to test the account extensively. Further info here. If one does not want that, one can transfer money onto the DKB Giro account and internally transfer it to the credit card. This also increases the available amount on the Visa Card. I have been living in Germany since 6 years now. Due to which, I always have to transfer money from current account.
I have a permanent job and good salary. I asked them to increase my credit limit but they refuse to do so. What can I do? How can I prove them that I am a reliable customer. That is odd. Maybe the salary payment as such is not recognized automatically. Only the bank can do changes. Best of luck. I have there a question. So we can withdraw money from Automat by using credit card or giro card of DKB but what about if I have with me for example some cash , and I want to deposit it in Automat.
My last question is, if I withdraw cash outside of Germany but in EU countries is there any charge? Thank you so much for your time.
If you want to deposit more frequently, it would be a good idea to open an account with a branch bank. Regarding the second question: The use of the Visa Card is free of charge worldwide.
Similarly, the withdrawal of cash in Germany, in the EU and in the rest of the world free, as far as DKB fees are concerned.
As described in the article above. I am planning to open up a joint DKB account with my wife, from what I have found we would get two giro cards and two Visa cards. Would it still be possible to add another Visa card to the account for savings?? Yes, a second Visa Card is possible. Still, you can use it for internet payments because it has a CV code and everything else you need. The application can be made after the account opening. If another physical card is desired, you can also apply for that, even with a custom motive.
For this, a one-time fee will be charged. Hi and thanks for sharing your experiences. There it says:. In order to remain free of charge [N26], you are not forced to withdraw cash in the foreign currency country first, as with the DKB, because Number26 does not even charge the international service fee when paying with the credit card abroad! I have a DKB account since long time. Back in the days I could see the monthly interest credit in my credit-card account.
I have a DKB account and I have read through your comments regarding various transactions. While reading all of them, I was surprised that so little is said about making deposits into the accounts while living abroad i.
So, how can I make deposits from USA? Is it through my local bank? I use the special service provider TransferWise. Another alternative would be to send a check to Berlin. Hi, I am currently in Athens, Greece. Tried to withdraw cash from several ATMs with Visa sign. All of them say there will be 2. Hey hey, the DKB does not charge any fees. But you can not hold them responsible for all ATMs worldwide.
ATM operators can set their own service and pricing under local laws and agreements. Usually, banks charge additional fees — the DKB does not do it and therefore belongs to a fairly small circle in Germany, as far as that point is concerned! I read loads of tips on websites such as this one super useful, so thanks! Do you actually use a credit card to withdraw cash?? So do I withdraw cash using the credit card, and it comes out of the account somehow?
Or so I then need to go into internet banking and pay off the credit card? Dear Sarah, welcome to Germany. Great decision re. But please allow our country and our banks to have our own rules. With the DKB, the withdrawal using the Visa Card — as clearly described above on this site- is free of charge.
Not with the Girocard though. I withdraw cast with the Visa Card and have never been charged a fee for it. I was just recommended DKB too often so I decided to go for it anyway. And to ensure that this is possible, I have to top up my credit account as it is now fixed at max. Does that mean that my cash withdrawal limit is Euros? Is that correct?
Or do I have to inform each of these companies myself? Starting 1. Maybe this is something for you? Because I do not know how I somehow could formulate again or newly, what I have already described above in detail — and also on the almost pages on the DKB here. Stating that you sauf it all before is totally understandable, but not necessary completely helpful.
I read a lot of pages, maybe not but a lot — and even watched your videos. Most of my questions were rather a call for a confirmation that I got your information right. I did not see anything though on an automatic transfer service from one former bank by DKB, such as automatic payments directly debited by companies e. Maybe you wrote about this but then I did not see it. So, in case this was already answered and you do not want to repeat — which again I can understand — at least sharing the link to the related post would have been an option.
Of course I declined the transaction, and found another one that was free. I understand DKB used to reimburse these charges in the past, but not anymore. Hello, Thank you for the wonderful article explaining everything in such detail.
After reading this article I got an account at DKB. I tried to do that, but it has been over a month now, and I did not receive any interest on the amount in my credit card. Did this change since the time of writing this article? Or do I need to activate something. Yes, right, the article is already older.
Currently, the interest rate is at 0. Point 5 can currently be disregarded. Name required. Mail will not be published required. I want my comment to be discarded. Only check this, if you are a computer program. Notify me of followup comments via e-mail. Portal for clever banking in Germany and abroad. This way to the bank ». Click to rate this post! Fredrik says:. June 13, at am. Markus says:. July 18, at pm. I am getting this card, and I live in Sweden.
This is the only card as far as I know , that you can get without living in Germany, that allows you to pay with card in stores like Aldi and Lidl in Germany. I had been a member of DKB and loved it even in Germany. Used it mostly to purchase online but occasionally to withdraw money especially when abroad. When I explored that I transferred money immediately twice as much 3 days later to cover the outstanding and have a buffer for future.
This makes the card useless. I explained why this happend and they discussed it but did not change their mind. This is the other side of DKB — I guess canceling the account and applying new would provide me a much higher credit allowance now it is useless. Do you have any other advice? To canceling the account and applying a new, that is no solution.
The german banks is not stupied. The solution is: deposit money to the Visa Card. This increases the available frames. Works similar to a prepaid card. But at DKB there is interest on the balance.
The identification process is then easier. But we are looking for further banks … here is a first alternative: number I am Chinese and moved to Germany since last year.
Tried a couple of times to apply for a German bank account both DKB and comdirect and got declined. I just got a comdirect account this month after tried 2 or 3 times. So do you have any suggestions for my situation? Because I lived in the USA before, over there applying a checking account is OK but applying credit card will affect the credit score.
Did we understand you correctly that you now have a current account at the Comdirect? This is great. In our opinion, the Comdirect is one of the best banks in Germany. Why do you need another current account at the DKB? Banks in Germany have the freedom to decide whether to start a business relationship with a customer or not. The customer has the same freedom of choice. As one does not have a personal meeting with the customer service representative, these Internet banks attach great importance on the creditworthiness rating of the SCHUFA credit investigation company as well as their own analysis systems.
Of course, no bank discloses their acceptance or rejection criteria in public. These remain a business secret. However, it is obvious that someone, who only recently moved to Germany, has little opportunity to build up a good Schufa rating. Incidentally, you can request a self-report from the Schufa, in order to know about your personal data. An article on this subject is already in preparation.
If you apply at the same time for the opening of several current accounts, then the bank can see through a request at the Schufa that you recently submitted a request at another bank.
How this will be evaluated by the bank, one can only guess …. If you absolutely want to become a customer of the DKB, please try again in one year … you will then probably have more data to be evaluated at the Schufa. Thanks so much for your reply. Yes, exactly.
Moreover, you can deposit and withdraw cash free of charge at the branch offices of the Commerzbank. The Comdirect Bank has a cooperation agreement about that with the Commerzbank.
I come from Greece and I am living also in Greece. Why that? I am little confused to be honest, I have friends who do not have a proper jobs are not officially emplyoed and they managed to get this card and I am employed since January officially with proper salary and have been living in Germany since only from in Berlin and to be honest I am writing here because I cannot figure out why I am I rejected?
They have also asked me if I have permanent unbefristet Aufenhaltstitel which I do not yet but I do have permit to live and work here of course, maybe that is the reason? Do you think I should try again is few days? Thank you. As soon as this is done, I will publish an article with instructions to do it.
The banks call this risk assessment … especially, if there is not enough data available, the computers sometimes take not quite favourable decisions. In the second-chance option, there will be a possibility to write a few sentences about oneself and convey the planned usage of the account.
Submitting a new application with the same data today — or in a few days — will unlikely help you to open an account. You know that if you are doing the same things, you obtain the same results. What is this 3. I believe this is the charge of the exchange fees with a maximum of 5. Withdrawal is free that I understand, but it seems you cannot escape anymore from the foreign currency fees.
As I have their other credit cards too. Strange that as one EU, it is still so difficult to open accounts in other EU countries. Fees for withdrawals in foreign currencies neither apply as at many other providers. The DKB Visa credit card even entitles you to withdraw cash at the counters of other banks. So do not do that please, unless:.
I have tried to use my card online to purchase flight tickets, with available credit to cover the cost and more. It seems that I have to apply in writing and then get it posted to me … is that correct? Otherwise my transaction just seems to get refused — I have tried many times to book these flights n with a foreign airline and its getting frustrating. At online payments with the Visa credit card, the three digit code, which is stated on the back at the signature field, is often required.
You can get a solution fastest when calling the customer service of the DKB. It is available for you all around the clock and its telephone number is also stated on the back of the DKB Visa credit card. Hello I am a little bit confused with the dbk, I want to know if I can just open account for saving purposes, maybe once in a while I can use it for buying things. But for now I just want to save money. So what type of card should I apply for and how do I go about it. Something like a savings account but I can also use it to purchase once in a while.
I only want one card, visa card but not credit card included. Use the credit card account as a savings account. Here, the interest rate is 0.
If you do not need the card anyway, then keep it safe or cut it. This way, you are also not tempted to use the credit line. However, it will rise automatically, if one uses the DKB account as a salary account. If it is higher, the bank must agree, but if you lower it, not. So you can set your credit limit to zero by yourself.
Hello, I am an italian student, now studying in Germany. Would those banks fit for my case? Thankyou for your help. The DKB is a bank that makes a creditworthiness check, because it includes a Visa credit card with credit line even if the credit line is low at first. If you currently live with a friend and your name is on the mailbox, then you can state this address. However, you will also need an address in Germany in order to get sent the Master Card. Which is the fee?
There is no charge at all? Thanks in advance. I arrived to Germany a couple of weeks ago, because I have started to work here, and I am looking for the best option to open a bank account. With the information that I have read during the last days, I was already pretty sure that I wanted an account in DKB.
But today, after I have found your site, I am absolutely convinced about it. Can I have all my money always in the credit one? In that case, for all my withdrawals with the credit card in Germany and also abroad the money will be taken from the amount I have in my credit account or from the credit limit?
Is it also free for transfers that are not in euros? Are the money transfers made from the money that is in your normal account, or in your credit account? It is a current account and a billing account for the credit card. You only have to transfer money to the credit card, credit line will increase. You can always dispose of your deposited money.
If the credit line is high enough for you depending on your creditworthiness and usage, it is between Euros to 15, at the DKB , it is not necessary to deposit money. Even if the credit card should go into the red, no loan interest will apply. Until the monthly automatically settlement, the credit card transactions are free of interest.
Loan interest can only be on the current account, if not enough money is on it. If enough money is on the current account, then no loan interest will ever be charged. Outgoing and ingoing transfers in a foreign currency are always subject to charges. Transfers can only take place to or from the current account DKB Cash. The charge for ingoing or outgoing transfers in foreign currencies is 0.
The exchange rates are relatively fair and usual for banks in Germany no huge surcharges, as known from Paypal, Payoneer etc. However, it is often not very easy to get an account at the DKB, if one lives only since recently in Germany.
You may have experienced that in the USA, where one has to build a certain credit history. Direct banks that offer all important account features for free, need you to fulfil the strict requirements of the creditworthiness check, even more than a local bank. Imagine I get my account and I deposit euros in my credit account. My question is: now I have euros in my credit account? Thank you again and sorry for asking so much, but I like to be sure before I make a decision about banking.
By the way I hope they will allow me to get my account, if I send them my contract and the documents they ask me for. Now everything is clear for me. I am going to apply right now for my account. Thank you very much for your useful help, and congratulations for your awesome website. I only need a free visa card for my online shoppings. Sparkasse visa card is prepaid and also, I have to pay a charge of 3 euros per month.
Is such a thing possible? Unfortunately, the article to this subject is only available in German language. In next days I shall receive all documents and cards as confirmed by the back. My question is as follows: I already have a Giro Konto with Postbank which is also my salary account and I want to keep it that way.
I do not have credit card with Postbank. I want to use new DKB konto as second account specially because of its credit card which I can widely use to take out cash worldwide and make online purchases. So, do I have to make DKB account as my salary account? Can I increase my credit limit by transferring certain amount of money from post bank to DKB each month? Thanks in advance for your reply!
If you let your salary payments be transferred to the DKB, you can get a higher credit line on the credit card and on the current account overdraft facility. After the 1st salary payment, a credit limit of up to double the monthly net income would be possible. One has to request the increasement. However, you can just leave it as it is and increase the credit line through transfers to the credit card account.
Hi My family and I shall be moving to Berlin in a few weeks time with my husbands work. We need to get a bank account asap once we get there. We were set on DKB but after reading above, do I understand correctly that this will be difficult after only being there for a few days? We will also we need to obtain a schufa to get an apartment, Any idea when we can do this after we open any bank account please? Yes, that is right.
The DKB offers a real credit card with a line of credit and therefore always checks the credit rating. If an application for an account is successful, though, will only show, once it has been filed :.
Good luck. I find very confusing the saving account topic but I am really interested in understanding it better so correct if I am wrong:. In this case, I receive my salary directly in my current account. For paying you suggest using only the credit card 1.
Then, in the 20 to 22 day of the month the balance is automatically done so that we are not in red in the Credit Card 1. You never pay interest for being in the red with the credit card — so being in red with it does not matter. But once the balance is done you now start to pay interest for being in the red on the current account. This is probably not what you want. So it would be advisable to transfer money from your second credit card to your current account, so that you have for example.
It might be a practical idea for some people not to set up the account so that it transfers all money from the current account in the first place, but so that it always leaves some money on the current account and only transfers everything above a threshold to the savings account.
I hope that helps. Are you stating Option 1: open a Tagesgeld and ask for another visa credit card for the saving or Option 2: open a DKB Cash as it already pays a small interest and use the Visa card for shopping or Option 3: on top of option 2 ask for another visa credit card and save money in that visa card.
I would like to sign up for a DKB credit card basically for online shopping. I do not speak fluent german. Do you think I will have issues handling this credit card? Please have another look at point 4 of the article above.
In my case, I would only need the card for a similar example as this one provided on your website:. However, you should check the credit limit beforehand and if necessary deposit the amount your will need.
My question is: how much do I need to call the bank services and how much can be simply done online? I tried to use the DKB-Cash link, which allows you to specify that your country of residence is USA, but then it says the account cannot be opened. I contacted DKB about this and they told me that only citizens of Germany, Austria and Switzerland can open an account. Of course, that is possible.
The banking account as such does not accumulate interest, and the credit card only does, if you put additional money onto it. If you use your DKB account as your regular account for your salary, you will receive a credit line on your banking account, so that you might be able to do without additional money transfers between the two cards.
I need to open an account ideally before I start. Can I do this online before I arrive or do I have to make an appointment with the bank once I am there?.
Any advice please. I have been reading your blog and I have found many answers. However, I want to know if you might have some recomendations for me. This is because I and going to Germany for one month for academic issues and I want to open an account.
0コメント