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Targobank
Cash loans

Online-Kredit

New Verified 31.08.2026

Targobank • EUR

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🏆 BankSorter Score
4,5 / 10

Score based on rate competitiveness and popularity among users.

In brief
APR 2,45%
Loan amount 1 500 – 80 000 EUR
Period 12–96 mo.
  • ✓ Effective APR from 2.45%
  • ✓ Nominal rate from 2.42%
  • ✓ No processing fee

Our review

Ingrid Schneider · Updated: 27 August 2026

Introduction

Targobank's online loan is a flexible instalment loan for private individuals in Germany looking for financing for purchases, debt consolidation, or larger expenses. Targobank is one of the established consumer loan providers and advertises fast, digital application processing.

Interest and Costs

Depending on creditworthiness, the effective annual percentage rate ranges from 3.49% to 10.99% p.a., with a fixed nominal rate between 3.43% and 10.47% p.a. The loan amount ranges from €1,500 to €80,000. The stated rates are based on a representative two-thirds example in accordance with the German Price Indication Ordinance (PAngV); the individually assigned rate may differ.

Terms and Requirements

The term is between 12 and 96 months. Granting the loan requires sufficient creditworthiness; the bank does not state concrete minimum income thresholds or processing fee details on its public terms page. Special repayments of up to half of the original loan amount can be made free of charge once a year. Alternatively, customers can pause repayments and extend the term accordingly, which can help during temporary financial difficulties. With a digital contract conclusion, payout usually takes place within one to two banking business days.

Verdict

Targobank's online loan scores with a solid mid-market interest rate range, fast payout, and the option to pause repayments if needed. Anyone who values flexible repayment options and has average to good creditworthiness will find a practical offer here – though concrete details on minimum income and processing fees remain unstated on the terms page.

✓ Pros

  • ✓ Effective annual rate from 3.49% for good creditworthiness
  • ✓ Loan amounts up to €80,000
  • ✓ Fast payout within 1-2 banking business days
  • ✓ Repayment pause possible during financial difficulties

✕ Cons

  • ✕ Annual special repayment capped at 50% of the loan amount
  • ✕ No processing fee details on the terms page
  • ✕ No concrete minimum income thresholds stated
  • ✕ Rate can rise to 10.99% for weaker creditworthiness

Loan repayment calculator

1 500 EUR 80 000 EUR
12 mo. 96 mo.
Monthly payment
Total cost
Total interest
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Indicative calculation based on nominal rate of 3.49%. Actual costs depend on individual creditworthiness assessment.

Representative example

For a loan of 20 000 EUR over 48 months, at a nominal rate of 3,49% and an APRC of 2,45%, the monthly instalment is approximately 447 EUR, and the estimated total amount payable is approximately 21 457 EUR (including interest: approx. 1 457 EUR). This estimate excludes any arrangement fee, insurance, or other charges — check the bank's offer for the full terms and total cost of credit before signing. As of 04.09.2026.