You want to know about normal student bank account for international students. You also want know which German bank is best to open for student bank account. Then don’t worry here I will guide you about this issue. I will give a comparison of different student bank accounts with pros and corns. I will also recommend you the best bank which will be more convenient for you as a foreign students.
You will find lot of banks in Germany some are Government and some private. Some offer a convenient account opening procedure for students and some not. Some charge annual service charges and some offer free accounts. Before telling you about the best bank in Germany to open student account. Here I’m going to share a list of top German banks, which are good for student bank accounts. I choose these banks because they have no monthly or annual service charges on student accounts and more convenient.
- Commerzbank with Startkonto student account
- Deutsche Kreditbank with DKB-CASH student account
- Deutsche Postbank with Giro plus student account
- Volkswagen Bank with Young Giro student account
- Targobank with Starter-konto student account
- ING-DiBa Bank with Girokonto student account
- Comdirect Bank with Girokonto student account
According to my personal experience in Germany as a foreign student. Commerzbank with ‘Startkonto student account’ is the one the best bank to open a student account. Why it is the best bank in Germany to open student bank account for foreign students? Here I will tell you the best five reasons.
There are eight basic reasons, which I found best in Commerzbank Startkonto for students. First, it has simple and convenient procedure to open a student bank account (Startkonto). You just need your passport, residence permit and university card to open this student account.
Second, there is no initial or minimum deposit limit on this account. And with a successful sign up on this account, you will get 50 Euro reward. Third, it’s 100% free account with zero monthly or annually charges. Forth, it is the only bank in Germany who also offer English version of website along with German. It makes online banking and account checking very easy for foreign students who cannot speak German.
Fifth, you can easily connect this account with Paypal for online shopping. Sixth, it has 1,000 branch’s across the country. So, it make withdrawal of money very easy for a students. Commerzbank also part of the cash group Germany. That’s why you can withdrawal money in ATM’s of four major banks and their subsidiaries.
Five major banks are:
- Deutsche Bank
- Dresdner Bank (acquired by Commerzbank)
- Deutsche Postbank
- Bankhaus Neelmeyer AG,
- Bankhaus W. Fortmann & Söhne KG,
- Berliner Bank AG & Co. KG,
- Comdirect bank AG,
- DAB Bank AG,
- Deutsche Bank Privat- und Geschäftskunden AG,
- Norisbank GmbH, Frankfurt am Main
- Münsterländische Bank Thie & Co. KG,
- Oldenburgische Landesbank AG,
- Bankhaus Reuschel & Co. KG,
Seventh, If you are between 18-30 you can also apply for a young visa credit card. Eighth, simply sign up for Commerzbank Startkonto from here on my recommendation.
Since I myself am very satisfied with the Commerzbank, I recommend you the following product: Free checking account.
Here you get all the information.
When signing up, simply enter this promotional code: XDQEVR
As a recruiter I receive a bonus.
Here you get directly to the application.