Personal accounts in Germany

✓ Pros

• ✓Fee-free card payments worldwide
• ✓Up to 5 free cash withdrawals per month
• ✓Up to 6 flexible sub-accounts with their own IBAN
• ✓Shared accounts available
• ✓Full statutory deposit protection up to €100,000

✕ Cons

• ✕App-only bank with no phone or branch service
• ✕€8.90/month with no visible way to waive the fee
• ✕No sign-up bonus
• ✕No listed rate for tolerated (unarranged) overdraft

✓ Pros

• ✓EUR 150 bonus (EUR 100 credit + EUR 50 environmental donation)
• ✓Free account management in the first year
• ✓Mastercard with unlimited free withdrawals in Germany, the EU and the EEA
• ✓Explicitly ecological, community-oriented business model

✕ Cons

• ✕EUR 4.90 monthly account fee from year two onward
• ✕Only EUR 100 of the EUR 150 bonus lands as own credit
• ✕No account-switching service
• ✕No branches available