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7 Best Banks In Germany For International Students in 2025-26

By rhea •

August 7, 2025 •

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Opening a bank account is one of the most important steps for international students settling into German student life. Managing tuition, rent, making purchases, and even receiving part-time job wages becomes much easier when you select the best bank in Germany for international students. With Germany’s modern banking landscape and student-friendly services, international students can access a wide range of options to find the best banks that align with their needs and preferences.

This guide explores the best bank for students in Germany, types of student bank accounts available, how to open a bank account, and practical tips for making the right choice in 2025-26.

Types of Bank Accounts in Germany

Type of Bank Account	Description
Girokonto (Current Account)	A primary everyday account for receiving money, paying bills, and using debit cards.
Sparkonto (Savings Account)	A savings account with limited withdrawal options usually offers minimal interest.
Tagesgeldkonto (Instant-Access Savings Account)	Offers better withdrawal flexibility than Sparkonto and can be linked to your Girokonto.
Festgeldkonto (Fixed-Term Deposit Account)	Deposit funds for a fixed term with a higher locked-in interest rate.
Blocked Account (Sperrkonto)	Mandatory for most non-EU international students for visa financial proof; funds are ‘blocked’ and released monthly.
Student Accounts	Current accounts specially designed for students with low or no fees and extra perks.

Best Banks in Germany for Students

Choosing the best bank in Germany for international students involves looking at costs, accessibility, language support, and digital convenience. Popular banks include both traditional brick-and-mortar names and modern online options.

Deutsche Bank
Commerzbank
N26
Sparkasse
DKB (Deutsche Kreditbank)
Comdirect
Berliner Sparkasse
HypoVereinsbank (UniCredit Bank)
Wise (formerly TransferWise)
ING
Volksbank
1822direkt
Bunq
Revolut

Also read: Guide To The Best Banks For College Students

1. Deutsche Bank

One of Germany’s oldest private banks, Deutsche Bank offers government-recognised blocked accounts essential for international student visa applications.

It provides extensive branch and digital banking services with English support. Known for its reliability and wide-ranging financial products, it serves many international students with tailored banking solutions.

Its established reputation and multiple service channels make it a preferred choice for students seeking comprehensive support.

Key Features	Recognised blocked account, English-speaking staff, strong branch & digital presence
Fees Involved	No fees during studies; post-graduation fees from EUR 6/month; some in-person branch visits
Pros	Recognised blocked account; English support; strong digital & branch access
Cons	SCHUFA credit check required; fees after graduation; some branch visits needed

2. Commerzbank

Commerzbank offers student accounts with no monthly fees during studies and a wide ATM and branch network. It supports English customer service to assist international students.

The bank balances traditional in-branch services with modern banking conveniences, making it accessible for both tech users and those who prefer face-to-face banking.

With a strong presence across Germany, it is a convenient option for students settling in various cities.

Key Features	Free student account, free foreign currency transactions, English support, large ATM network
Fees Involved	EUR 8.80/month after age 28 or post-study; overdraft access may be limited
Pros	No fees during studies; good branch & ATM availability; English customer support
Cons	Fees start after graduation/age 28; overdrafts limited; not all processes online

3. N26

N26 is a fully digital neobank with a 100% English interface, ideal for tech-savvy students who prefer managing finances online and via a mobile app.

It provides quick account setup and contactless payment features, catering well to a mobile-first generation.

However, it’s best suited for those comfortable with digital-only banking, as it lacks physical branches. Its seamless international transaction capabilities appeal to students from diverse backgrounds.

Key Features	100% English app/website, instant virtual Mastercard, no monthly fees, supports international transfers
Fees Involved	No monthly fees; limited cash deposit options
Pros	Fully digital, fast setup, free virtual Mastercard, no monthly fees
Cons	No physical branches, limited cash deposits, some landlords reject non-German IBAN

4. DKB (Deutsche Kreditbank)

DKB offers free accounts for “active” users with worldwide free ATM withdrawals and interest on positive balances, with improving English support.

The bank is popular for its strong online presence and customer-friendly fees, especially for those who travel or spend time outside Germany.

While its physical branches are limited, it compensates with robust digital tools that help students manage finances efficiently from anywhere.

Key Features	Free account when active, free worldwide ATM withdrawals, interest on balances, online banking
Fees Involved	No monthly fees for active users; longer account setup than N26
Pros	Free worldwide withdrawals, interest on balances, strong online banking platform
Cons	Limited English support, few branches, slower account setup

5. Sparkasse

Germany’s largest savings bank network, Sparkasse, has extensive branches and ATMs, offering reliable local service and student accounts with perks under age 26. Renowned for its community-focused approach, Sparkasse supports students with personalised advice and regional knowledge. It’s an excellent choice for those looking for local in-person banking support, though students should be prepared for less English-language assistance and a more traditional banking experience.

Key Features	Extensive branches and ATMs, student perks under 26
Fees Involved	Fees generally start after age 26 or after graduation
Pros	Largest local presence, reliable service, student perks
Cons	Limited English support, older online banking, fees after age 26

6. Comdirect

Comdirect, a digital arm of Commerzbank, provides free student accounts mainly via online and phone support, with an English interface and free withdrawals at partner ATMs.

It combines the convenience of digital banking with the backing of a major German financial group, ensuring reliability and security.

This bank is a good fit for students who prefer managing their accounts remotely but still seek access to established banking infrastructure.

Key Features	Free accounts, English interface, mostly online/phone support, free partner ATM withdrawals
Fees Involved	No fees on student accounts; limited in-person assistance
Pros	Free debit cards, good digital banking, English available
Cons	Limited branches, some forms only in German, support mostly remote

7. HypoVereinsbank (UniCredit)

Part of the UniCredit group, HypoVereinsbank offers free banking for the initial years of study, good EU-wide services, but limited branches outside major cities.

Its strong European integration is advantageous for students planning mobility within the EU.

While its branch network is limited, its digital banking tools and student perks provide solid support during the early years of study.

Key Features	Free banking for new students, strong EU network, decent digital services
Fees Involved	Fees apply after free period ends; limited branches in smaller towns
Pros	Strong EU integration, free banking initially, decent digital platform
Cons	Inconsistent English support, fewer branches outside cities, fees after free period

Things To Remember Before Choosing A German Bank

Here are important things to remember before choosing a bank in Germany, especially as an international student, presented in a clear bulleted format:

Blocked Account Requirement:

If you need a blocked account for your visa, ensure the bank offers recognised blocked accounts accepted by German authorities.

English Language Support:

Choose a bank with good English customer service and English-language online interfaces to ease communication and management.

Account Opening Procedure:

Some banks require you to be physically present in Germany with proof of address (Meldebestätigung) to open an account; others offer online setups but may limit services.

Fees and Charges:

Look out for monthly maintenance fees, withdrawal fees, and post-graduation charges. Many banks waive fees during studies, but start charging later.

Branch and ATM Accessibility:

Consider whether you need widespread physical branches and ATMs or if a fully digital bank suits your lifestyle. Some banks have extensive local branches (e.g., Sparkasse) while others are digital-only (e.g., N26).

Cash Handling and Deposits:

Some digital banks have limited cash deposit options and no physical branches, which can be inconvenient if you frequently need to deposit cash.

Overdraft and Credit Products:

Overdrafts or credit features often require SCHUFA credit checks, which may be difficult for newcomers without a German credit history.

Visa and Financial Proof Compliance:

Ensure the bank supports all necessary documentation for visa purposes, including blocked account confirmations and statements proving financial means.

Digital Banking Features:

Evaluate mobile banking apps, online account management, real-time notifications, and international transfer options for convenience.

Compatibility with Landlords and Employers:

Some landlords or companies may not accept IBANs from fully digital banks with non-German IBANs, which can complicate rental or job payments.

Customer Support and Service Channels:

The availability of in-person support vs. online-only assistance can be an important factor depending on your preference and needs.

Speed of Account Setup:

Digital banks usually offer instant account opening, while traditional banks can require longer processing times and branch visits.

Student Account Benefits:

Look for banks offering special student accounts with perks like free debit cards, no maintenance fees during studies, and free ATM withdrawals.

Steps to Open a Bank Account in Germany

Knowing how to open a bank account in Germany for students is straightforward if you follow these steps:

Choose Your Bank

Decide between a digital bank (like N26) or a traditional bank (like Deutsche Bank), considering fees, support, and special student offerings.

Prepare Documents

Gather essential documents (passport, proof of enrolment, proof of address, visa/residence permit).

Complete the Application

Apply online via the bank’s official site or visit a branch. Some online banks allow pre-arrival applications. Fill out the required forms fully and truthfully.

Identity Verification

Verify your identity, either through video call (for online banks), PostIdent at the post office, or in person at a branch.

Receive Your Bank Details

Once approved, you receive your IBAN and banking access. Physical cards usually arrive by post; digital banks may issue a virtual card immediately.

Also read: Top Paying Jobs In Germany for Students

Documents Required to Open a Student Bank Account

Most banks will ask for:

Valid passport or national ID
Visa or German residence permit (if applicable)
Proof of address (Meldebescheinigung/registration certificate or rental contract)
Proof of student status (university enrolment certificate)
German tax identification number (can be submitted later for some accounts)
Completed application form
Initial deposit (if required)

Some banks may additionally ask for a SCHUFA credit report, but this is rarely required for students or basic accounts.

Finding the best bank in Germany for international students involves weighing options based on fees, convenience, digital tools, and support. Whether you choose a digital solution like N26 or the trusted excellence of Deutsche Bank or Commerzbank, Germany’s banks are well-equipped to serve student needs in 2025-26. Always check the latest offers, especially for perks such as free banking, English service, or special student advantages, and start your account setup as early as possible for a smooth transition.

Discover the right German bank for you with UniCreds. Get guidance, best practices and more such suggestions through our experts.

Also read: Best Universities In Germany for Higher Education (2025)

FAQs

1. Which is the best bank in Germany for international students?

N26 is widely considered the best bank in Germany for international students, thanks to its easy online setup, English support, and fee-free structure. However, Commerzbank and Deutsche Bank are also top choices for those preferring established branch networks.