I just wanted to say thanks to your thoroughly researched videos! You two have been a beacon for my move to Germany. Your interactions are also very positive with each other, which I really appreciate :) Happy holidays from Hamburg!
@simplegermany Жыл бұрын
Thanks for your kind feedback @o6o6o6! We're so happy our videos have helped you out. Happy holidays to you too!
@baumaus9014 Жыл бұрын
Just sharing my very recent experience. I came to Germany from Honduras, one of those countries that don't need a visa, and the only banks that have allowed us Hondurans to open accounts without visas or Resident Permits have been Monese (online) and Sparkasse (in person with Anmeldung). All others ask for either visa or Resident Permit. Monese, additionally, did not ask for Anmeldung, just passport and video/photo identification via app.
@simplegermany Жыл бұрын
Thanks for sharing your experience! 😊
@johnwick8035 Жыл бұрын
Thanks for the updated video...One experience that I would like to share is with Tomorrow Bank... 1. The sign up is easy but then after the sign up the Customer Support team sent a mail with questions like: what is your occupation, what is your net monthly income, to share the anmeldung, to share the proof of income and so on... 2. The customer support was slow...I had to email them for two weeks regularly to get details regarding an account... 3. The bank, stores the data of an account (even after the account has been closed)...I had request separately via email to delete all the data related to the account...I was under the impression that, according to privacy loving country like Germany the data has to be deleted after the account is closed... 4. The app is quite glitchy...I had problems with logging in and so on... Just wanted to share my experience...
@simplegermany Жыл бұрын
Thanks a lot for sharing!
@vividmoney212 Жыл бұрын
Thanks for the shoutout! We're super happy to be included in your list 💜
@DevarshRBhatt Жыл бұрын
Sparkasse aachen has 90 branches anf and is very popular. When i opened by Girokonto although the paper work was in german obviously, the employee explained everything and every paper in English.
@astrodyke Жыл бұрын
I have n26 and I like it a lot. For people from the US, it’s somewhere in between a usual bank and Venmo. Super easy to quickly split bills with friends (with gifs and emojis), really nice security features, etc.
@ishratmumtaz1687 Жыл бұрын
Is it safe?
@imtn_ik Жыл бұрын
i tried opening an account online in N26, and after filling all my data, they just send me an email saying that they cannot validate my ID documents, they didn't say why, just that they couldn't......
@marketplussolutions Жыл бұрын
Commerce Bank: I am not from EU - but I walked in directly, gave them my passport and opened an account immediately. I did not have a job at that time but it was ok - I don’t use the bank for my salary, now I transfer 750 euros every month from my Sparkasse (saving). But if you transfer money to another bank or deposit money, there is a charge. Another problem is, there are not many ATMs so, you pay for each physical transaction. That’s why I use Sparkasse.
@Cintillo Жыл бұрын
I read everything and honestly, I had to open my bank account with Sparkasse and let me tell you that at least here in Bochum they have good working hours, and excellent customer service in English (and believe me, I asked a lot of questions). Maybe I'll change later but it was easy with them when most just gave a hard no if I didn't have my Residence Permit (which I still don't have at this moment and I've been here for 2 months now).
@simplegermany Жыл бұрын
Thanks for sharing your experience!
@moemoebis6433 Жыл бұрын
Hey thank you for your feedback. I am moving soon to Germany and was wondering if it was possible to get your mail or any contact information to ask you few questions if you don't mind
@Cintillo Жыл бұрын
@@moemoebis6433 I can advice based on my knowledge but things change and also depends on your nationality, my advice is to look on the list of nationalities the banks that you’re interested have and what is it that you need because it may be different for you. Mine was very restrictive in most banks but it doesn’t have to be your case.
@walid0the0dilaw Жыл бұрын
Awesome video! I have a dual national friend with US nationality, which I guess makes tax processes more complicated. He registered with many online banks (over 5), and the only one that accepted him after a month was Monese.
@clareyun1754 Жыл бұрын
you ladies totally saved my butt .. thank you so much for your content. highly appreciated! Danke!!!
@jhessicalmoreira Жыл бұрын
Very clarifying and helpful. Thanks a lot, girls!
@serenearches11 ай бұрын
your videos are very complete, very detailed and very helpful. please keep up the good work.
@dewihikaru69558 ай бұрын
Thank you for making this.. germany although full of promises but also has many challenge.. ur video helps people like me who like to give it a shot and hope everythong works out okay while we reach there..❤ love from indonesia
@buka.a Жыл бұрын
I opened with Sparkase in Berlin. So easy and they speak English for foreigners. I would have loved N26 but they don't verify identity for many passports including Nigeria's. This was a common problem for many online banks I tried including Bunq.
@simplegermany Жыл бұрын
Thanks for sharing your experience!
@thalitacantoslopes Жыл бұрын
I love your videeeeos!! Life saver! So eloquent, organised, straightforward, digestable :) thank you!
@sakshiabrawl Жыл бұрын
Thanks for the video but Commerzbank has different rules in different branches/ for people. Sometimes they ask for resident permit and sometimes they don't. The Commerzbank executive in Bonn was super rude.
@simplegermany Жыл бұрын
Agree with the different rules in different branches. So sorry to read that the executive in Bonn was rude :/
@wisehuman9695 Жыл бұрын
Thanks for this super useful information and @Yvonne -- your shirt is 👌👌👌👌👌
@elvirasheina6476 Жыл бұрын
Could you please also make a video about investment options in Germany? I mean the most effective way of saving, to add some amount of money every month. Keep it in the bank account doesn’t look good because of inflation. I read that there are some Festgeld, ETF etc. You are doing amazing videos and very good at presenting information in a short comprehensive way. Thank you for that!
@simplegermany Жыл бұрын
Thanks for your suggestion Elvira! We will add it to our ideas of possible videos in the future ☺️
@theverner Жыл бұрын
I have been using vivid money since a year and I am pretty satisfied. It is worth mentioning that i also own a Sparkasse account which I use to save money and draw money out of my account. So vibid for digital and sparkasse for analogue things. For N26 you need a residence permit.
@YoN99999 Жыл бұрын
I have had a very good experience with Revolut. I have been using it frequently since 2021. They also have a great customer service that is easy to contact. For example, they managed to refund my money for two cancelled flights. I've been with N26 since 2017 and decided to switch to them completely a year ago. Great videos. Greetings to Yvonne
@simplegermany Жыл бұрын
Thanks for sharing your experience! 😊
@YourMessenger Жыл бұрын
Thanks for the update...very helpful! : 0 )
@avikrc18 Жыл бұрын
About the cash withdrawal from the supermarket, it also definitely works with Apple Pay. I have withdrawn money in this way multiple times ever since you mentioned this tip in the earlier video (thank you!!!), and I generally pay by my Apple watch and it has worked for me in Rewe.
@simplegermany Жыл бұрын
Ah, great to know!
@deborafluz Жыл бұрын
Hi girls, I really appreciate your content!
@simplegermany Жыл бұрын
That's awesome! Hope we can meet you one day :)
@sherdogsss Жыл бұрын
I'm still in the middle of the video but I wanted to note that Revolut did change. After Brexit all European operations have moved to Lithuania. Now you are able to open accounts in a lot more currencies and they are in that currency(no exchanges like before with the pounds). The exchange rate within the EU is 0, meaning you don't pay any taxes for conversion between the currencies within EU and you don't have taxes for bank transfers anywhere in the EU which is dope. Edit: now that I watched the video I can say that Vivid sounds a lot like Revolut in my opinion.
@simplegermany Жыл бұрын
Thanks for your insights :)
@dewihikaru69558 ай бұрын
Thanks for info bro
@Cassie-f5x2 ай бұрын
Hello
@SpartanOfFinance Жыл бұрын
Seems like N26 no longer operates in the US..."An Update on N26’s US Operations...As a result, our product is no longer available to customers in the US."
@Cassie-f5x2 ай бұрын
Hello
@radiaaksim7039 Жыл бұрын
Thank you so much for the video it's so helpful ❤
@journeykings Жыл бұрын
Very informative. I recall the horror of finding a personal bank accoint. Currently and so far I am using and still happy with DKB (after one time rejection) and Revolut (sorry for your bad experience, I think they changed a lot recently for good 😂) Love your content always!
@simplegermany Жыл бұрын
Happy to hear!
@leontnf6144 Жыл бұрын
Thank you for your effort in constantly improving and updating previous contents 😊 so that we wont be looking at dated info! Really appreciate it!
@visualmutation Жыл бұрын
They didn't except my Kosovo nationality and that's why i didn't go with them, I am talking about N26, and now I am very happy with Sparkasse,
@besianabrahimi Жыл бұрын
can u please tell me if u do online banking bcuz i cannot connect my sparkasse card with my paypal and its driving me nuts cuz i wanna order some things online
@visualmutation Жыл бұрын
@@besianabrahimi po te ben me lidhe me Sparkase pa problem, une per me shume i kam 2 kartela n paypal t lidhura, sparkase dhe Revolut edhe kur te don me bo dicka pay, ta jep me zgjedh nga cila po don me ekzekutu pagesen
@jennifercoast5434 Жыл бұрын
Maybe because Kosovo is not a separate nationality? Its serbian
@gavinparker7405 Жыл бұрын
FYI for all my Americans out there, I would not recommend N26. I actually used them when I was living in Germany in 2019 and loved their services. However, since this past year they have cut off the American market and you won’t be able to make an account with them! (I don’t even have access to my old account). Hope this is helpful. Anyone that is based in Europe, I would highly recommend using N26! FAST and EASY setup with minimal to no fees!!
@simplegermany Жыл бұрын
Thanks for your insight. As far as we know, N26 no longer provide their services in the USA. However, if you are a USA citizen living in Germany, you shouldn't have any issues opening or accessing your N26 bank account. N26 account access is heavily linked to having a German phone number. So if you leave Germany and no longer have your German phone number, then that might be a tricky situation.
@ilam4earth748 Жыл бұрын
Great info! Danke! Tomorrow now has investments option. They are the winner for me
@pourdamghani Жыл бұрын
Intersting and insightful video (also website counterpart). It would be great to include "bunq" in next year(s) version :)
@Cassie-f5x2 ай бұрын
Hello
@minamikhael Жыл бұрын
Hi, thanks for the very detailed and helpful infos you share, I'd really appreciate if you made a video about moving funds from outside germany into your german bank account regarding to tax considerations, example: selling a property in your home country and transferring/bringing that amount of money into germany. Thanks :)
@simplegermany Жыл бұрын
For such questions you would need to consult a tax advisor as details change from country to country.
@JuniorSemFronteiras Жыл бұрын
Very useful, danke schön from Brazil ☺️🇧🇷
@katherinegarciacruz370 Жыл бұрын
Great video as always! As far as I know, even when Vivid offers investment options, they are not available for all countries they allow to open the account.
@HG-vi7lq6 ай бұрын
DKB is one of the best online Bank in Germany
@GMTron Жыл бұрын
One correction on N26: you can have a dedicated shared account option with another N26 user, multiple accounts with IBAN options and, my favorite, create an account, add an iban and move the card from the main account to that one. Excellent solution for cost control. Of course, not sure if is available on the free version, but really worth the 5 euro monthly fee(in my case). Note: all available on the app itself.
@simplegermany Жыл бұрын
Oh interesting! Thanks for the info! Just had a look and yes, it is shared spaces with the premium accounts. So not fully shared accounts per se. But valuable to know that it is possible 😊
@MrPabsify Жыл бұрын
And do not forget the Income Sorter, I have been using all features of N26 and it's perfect for finance OCD guys like me.
@muhammadsarimmehdi Жыл бұрын
Do you have a Facebook group? I think it would be useful and a lot of people who follow your KZfaq channel can post in your Facebook group and, based on the frequency of questions, you can decide what type of video to do next. Great channel btw, keep up the great work.
@jahirratul4442 Жыл бұрын
You both are Amazing 🤩
@adilraj100 Жыл бұрын
Hi, Thank you for all the amazing content and research, it helps a lot for expats like me :) I would like to highlight that based on the previous video recommendation I tried to open a bank account in Commerzbank in Cologne and my experience was very bad. I filled the online form and for verification they asked me for different things each time like tax id, employment contract and what not. The online customer support will say one thing and at the branch the representatives will say entirely opposite things. After struggling for a week and multiple visits to the branch with all the documents they asked for I finally decided not to open an account with them. Just wanted to share the experience :) Regards, Adil Raj
@simplegermany Жыл бұрын
So sorry to read about your experience. Unfortunately, it seems that the bank evaluates each case based on things they don't make public. So the customer service phone might say one thing that applies to general applicants, and in the branch itself, the agent might evaluate other things. Have you opened your bank account with another bank with a better experience? Thanks for your feedback :)
@adilraj100 Жыл бұрын
@@simplegermany With very less hope I took an appointment at Deutsche Bank and to my surprise I was amazed by the service I received. The account got opened in like 20 minutes. Based on my employment contract they waved of all fees for account and debit card. They even provided me with a free credit card (for 1 year). I then took appointment at a different branch for my wife's account and the experience was exactly the same. I think Deutsche Bank is changing and trying to be more expat friendly. :)
@sarannair Жыл бұрын
Hi, Thanks for the video. Just wanted to point out one thing regarding Commerz Bank on how they calculate 'minimum incoming payment. In their website under FAQ section it is mentioned that 'minimum incoming money is determined from the sum of the incoming money per calendar month, with the exception of securities transactions, own transfers and credits from the posting of return debits/returned checks or refunds.'. I think that clarifies whether 'self' fund transfers are counted or not.
@simplegermany Жыл бұрын
Thanks for sharing 😊
@theonijkerk30127 ай бұрын
With a minimum income clause, my experience with Millennium bank in Poland was, and I asked that t he branch, the 3000 Zloty, a little more than 700 euro, only has to be in the account for 1 second.
@fabioc981 Жыл бұрын
In June I jumped through all the possible hoops to have a German bank account before moving to Germany (aka without anmeldung). Deutsche Bank was the only one willing to open it, while N26 in general was a good alternative, BUT if you are from some countries that N26 serves natively, even if you start the registration from the N26 German website, they will create an account based on the address that you input (in my case Italy).
@simplegermany Жыл бұрын
Exactly, which is why we point out that it is not possible to open a German IBAN account from outside Germany, like you experienced with N26. Good to know about Deutsche Bank, although it probably highly depends on your nationality as well.
@z.i.z Жыл бұрын
@@simplegermany @Fabio C I was actually able to open an N26 account online while in the US at the end of July 2022. I had a work visa to come to Germany in August. I downloaded the app, did a video call to verified my identity online late at night to match the German working hours, and added a minimum deposit. The deposit took several tries to work, but the transaction eventually went through with an American travel credit card.
@sihamkattabi33735 ай бұрын
Come ti trovi in germania?
@theonijkerk30127 ай бұрын
You don't mention ING, probably because their website is in German. Reason I looked at it is that ING is a Dutch bank. Giro konto is free with at least 700 euro coming in or if you are under 28 years old. Sign on is online. Extra card is 0.99 per month.
@simonssruogi632410 ай бұрын
Thanks you ❤
@EricOnYouTube Жыл бұрын
Again, well done. :). Thanks.
@bogdanpali Жыл бұрын
Partner account for N26 it's also a "Jein". You can make shared account. Tested that with my girlfriend, this month.
@colepotashnyk Жыл бұрын
You two are amazing! Thank you for providing so many people with these resources and advice.
@Cassie-f5x2 ай бұрын
Hello
@phamhuutri19968 ай бұрын
The answer to moving back and forth the 700 euro for commezbank to avoid monthly fee is YES. Students do this all the time
@mauriciosanchezdienemann747 Жыл бұрын
Loving Yvonne’s shirt 👕 ✨💕.
@jitenparrikh9100 Жыл бұрын
Commerz Bank : visited them today at Paderborn branch after online application for identity validation, gentleman told that as per their new policy they will not offer account to students who are less than 1 year in Germany…. I was shocked to hear it. N26 : completed my application halfway but couldn’t complete video verification as they don’t do that for Indian passports. Did raise with N26 on chat for visitors but did not get a solution I simply need account for day to day use and link it to blocked account but not sure why is there so much of issue in getting a simple account
@simplegermany Жыл бұрын
Sorry to read that. Have you tried to ask your university for any recommendation? If nothing works, you can always try with a super traditional German bank like Sparkasse as a starter account.
@samisaeed88 Жыл бұрын
Thanks for sharing this, same happened to me, WISE saved me. Try to, simple online, you need to pay deposit of 20 euro from any other account then it's all ok
@Cassie-f5x2 ай бұрын
Hello
@redrain113 Жыл бұрын
great video. However, the link to the commerz bank in the description is the same as N 26?
@simplegermany Жыл бұрын
Thanks for spotting it! Now it is the correct link 😉
@kenocontreras Жыл бұрын
Based on my experience, I have had only problems with Tomorrow bank. Blocked account, no successful response from chat support, etc.
@simplegermany Жыл бұрын
Thanks for sharing and sorry to hear!
@a.j.bregan6541 Жыл бұрын
Great video. What is your view on Ing-DiBa bank? A friend of mine recommended it, but I see you not mentioning it. Is it not good?
@simplegermany Жыл бұрын
We have no personal experience but would compare it to DKB. It is all in German, which is why we don’t talk about it.
@ajaylamba31 Жыл бұрын
Ing Diba wouldn’t allow opening an account without a residence permit card. Fiktionsbecheinigung won’t work.
@a.j.bregan6541 Жыл бұрын
@@ajaylamba31 yeah, they rejected me politely by post 😅
@tszlife Жыл бұрын
To explain the Revolut situation - they issue the debit card and it has a country code. Given they are a UK startup now with EU banking licence, the card can still be recognized as UK card. When you use the card, it's the payment processor asking if you want to do currency conversion as you have a UK card but paying EUR in the post office in German. The payment processor will write in tiny line says they charge ~ 3% on top of the conversion. And usually users under the pressure of paying money asap just choose random option when presented two buttons. - so be short it's not Revolut's fault. But when presented with options when paying, always choose local currency wherever you are visiting.
@simplegermany Жыл бұрын
That would make sense, however, Revolut is also based in the Eurozone in Lithuania and prodividng a Euro bank account and card. So that scenario should not take place.
@tszlife Жыл бұрын
@@simplegermany yes. They are now Lithuania licensed bank, but i guess with historical reason there are still have a lot of operations in UK. My IBAN with them is still starting with GB while I have no problem processing SEPA payment for free in EUR. So in the most of card they issue I guess it's still recognized as UK card. anyway it's important that with any card it saves money to choose local currency when paying, most importantly when traveling. Using N26 will be recognized as EUR card so no option will be provided in EUR zone, but once travelling it's the same trick that the payment provider trying to make a bit of your money. btw the trick is called DCC.
@Marymationnn Жыл бұрын
I literally am in the middle of this whole bank search and getting accounts. Thank you for the video, right on time
@late-riser Жыл бұрын
A completely free physical bank is Santander to complement an online bank. Cons: everything in German (local branch may talk in English if requested), few ATMs. Pro: instant transfer upto 5k EUR, free credit card, account
@danysolerl Жыл бұрын
Hi Girls, amazing content as always. You didnt review Wise, what about that one?
@simplegermany Жыл бұрын
We talk about it here: kzfaq.info/get/bejne/eJaaq91yxLC9mJc.html
@danysolerl Жыл бұрын
@@simplegermany gracias!!
@thilinarathnasooriya8556 Жыл бұрын
Hey, Thanks for the video and is it possible to use N26 standard account for SEPA direct debit transactions (for the landlords to deduct apartment rent directly) ? And I was looking for a nearby branch of commerzbank from maps to identify my self, but I was amazed at the google reviews and ratings of them. There were like only 2 branches in whole Munich with a above 3.0 rating. All others were with bad reviews.
@rockingirl75 Жыл бұрын
Its absolutely facts in Germany ,I experience all of those situations .
@rishiraj2548 Жыл бұрын
Thanks
@UberAirz Жыл бұрын
Thanks for the recommendations! I signed up with N26 and the experience has been great. One important thing to note with N26 - there is no interest baring savings account with them. This was an unexpected shock to me after I paid the annual fee hahaha
@simplegermany Жыл бұрын
There are very few interest baring savings accounts in Germany. You would need to look for Tagesgeld or Festgeld and even there you will only find 0,5% interest or similar.
@whyArnold Жыл бұрын
N26 is just the best!
@WickedLeo82 Жыл бұрын
Once again great info ladies thank you :)
@fabianmadueke1925 Жыл бұрын
Revolut is a great bank, great services and flexibility. Commerzbank also accepts work contracts and your passport for registration, you don't necessarily need a residence permit, if you have a long term contract.
@Yosh001 Жыл бұрын
It's really sad that the Sparkassen (or Volksbanken) are so 80's. Although living (again) in Düsseldorf it makes no sense to transfer all my banking business from the Sparkasse KölnBonn to Sparkasse Düsseldorf because of my saving plans with the popular "PS Los Sparen" or a stock saving plan. You simply cannot transfer them 50 clicks to the north. Even Google Pay on a mobile device isn't possible with a master card of a Sparkasse because they want to push their own mobile payment method. The only advantage is that if you need cash at any place in Germany (and you need it), you will find an ATM even in village with only 3 houses...
@simplegermany Жыл бұрын
Thanks for your insights :) That sucks to read. Wow, good point about the mobile payment.
@nicklebron875510 ай бұрын
Don’t put all your children in one basket
@b.k.9219 Жыл бұрын
Hi ladies @simple germany ! First of all i'd like to say your channel and the website is just amazingly good and well explained in general! But there is one thing related to the banks which I did not get very well and I hope you can maybe give some more light. Isn't there any bank in Germany , where you can open an account, like a standard debit account where your employer will transfer your salary, and from this same account to get a physical debit card VISA/Master, which you can also use to draw money from ATM, as well as use it for online shopping, transferring money to other (external) bank accounts, etc? I do have such here in BG and its a simple single solution.
@simplegermany Жыл бұрын
Yes of course :) Commerzbank could be a good option. With other modern online accounts like N26, you have limited amount of cash withdrawals a month and you need to pay to get the debit card.
@b.k.9219 Жыл бұрын
@@simplegermany as far as I saw N26 is not available for Bulgarians. And also in your banking topic i saw this: "However, the girocard is not a Mastercard and can’t be used for online purchases. " Where the benefits of Commerzbank you listed as: "Free virtual Mastercard debit card Free girocard" So, i am confused really. :)
@hdj31 Жыл бұрын
Are any of these banks compatible with Capital forming benefits (Vermögenswirksame Leistungen)? If not, do you recommend any?
@kaworunagisa4009 Жыл бұрын
Thanks for the updated video. Somehow I can't find which nationalities need to provide residence permit in Commerzbank and the list of nationalities N26 accepts. Both lists would probably change before I move to Germany, but I'm still curious
@simplegermany Жыл бұрын
Commerzbank doesn't have a list as the technically accept all nationalities. You need to identify yourself in person if you are from outside the EU. Whether you need a residence permit depends on your local branch, as we have multiple experiences where sometimes you do need it and sometimes you don't. For N26, you can find the list in the comparison table of our guide: www.simplegermany.com/best-german-bank-english-speakers/
@DevarshRBhatt Жыл бұрын
By the way does owning more than two credit cards negatively affect SCHUFA score. Even if your history shows you using less 10% of your credit limit?
@user-qc5zv2bn5p Жыл бұрын
Hello, may I ask if you have a video on Sparkasse Bank here in Germany?
@nikhil.m.a77111 ай бұрын
Is tomorrow bank safe to open an account. I have heard that some online banks will automatically close the accounts of users without any notical and the account holders will have a hard time to get their money back. Is this true? What is your opinion in this regard!!
@viethat2 Жыл бұрын
Hi, thanks for video. I just have a quick question. is it possible to use WISE account when moving to Germany? as I could see that I need an address to open bank account. thanks
@simplegermany Жыл бұрын
Yes, the beauty of Wise is that the open a multi-currency account. So if available you can already open it in your home country or open it once you are in Germany and also use it to transfer money from your home country to euros.
@viethat2 Жыл бұрын
@@simplegermany can I use it as salary payment account as well ?🤔
@simplegermany Жыл бұрын
Yeah as long as you use the euro account, we don't see why not 😊
@viethat2 Жыл бұрын
@@simplegermany thank you 😊
@simodido7041 Жыл бұрын
Thank you for the comparison! Could you add dkb to it?
@simplegermany Жыл бұрын
We particularly talk about DKB in this section: kzfaq.info/get/bejne/eJaaq91yxLC9mJc.html
@simodido7041 Жыл бұрын
@@simplegermany Thanks, sorry! hahah
@user-kk4xl5ef3e Жыл бұрын
Hello girls! About Commerzbank, what if your balance is negative and when you sent 700 euros the balance is 650, will it still be recognized as monthly deposit of 700 and the account will be free? I tried hardly to find this info but failed :(
@simplegermany Жыл бұрын
The terms and conditions from Commerzbank state cash inflow excluding securities transactions, own transfers and credits from posting returned debits/checks. Nowhere does it state a minimum current balance 😊
@elmartincito Жыл бұрын
Muchas gracias por el contenido que generan, es EXCELENTE!!! Hago una observacion sobre VIVID, desde hace un par de meses que permite el deposito en efectivo. Hasta €200 por mes sin comision, y despues de ese monto te cobra 1.5% de comision por deposito. y creo que tiene un maximo de €999 por semana. Saludos!
@nurimustafa3817 Жыл бұрын
Thanks for your videos, The thing I want to add is, I was able to open a bank account at Commerzbank without residence but only with my work visa (6 months duration). Also, can you give more explanation about cash group ATM's? In the country where I came from it is an unusual thing, every bank has it is own ATM, but here in Germany I see mostly some third-party ATMs. In Turkey, whenever I want to withdraw cash I go search the ATM of my bank, and bank mobile apps usually have a built-in feature to find closest ATM on the map
@simplegermany Жыл бұрын
Hey Nuri, with Commerzbank you can withdraw money from any ATM within the "Cash Group". These banks are Commerzbank, Deutsche Bank, HypoVereinsbank, and Postbank. You can also find an ATM through Commerzbank's ATM finder: filialsuche.commerzbank.de/
@monicapozo3918 Жыл бұрын
Gracias! Me acabo de mudar a Alemania toda la información es muy útil estoy muy agradecida con ustedes 😊
@simplegermany Жыл бұрын
Bienvenida 😊
@arslanali9111 Жыл бұрын
Why didn't you included the Revolut. That is one of the best.
@anchouse94 Жыл бұрын
Ah, and we are back to the tradition when I think of doing something and you happen to make a video about it :D sticking to N26 though apparently...tried Vivid, but my lousy out of EU nationality is not allowed to do any investing through them :/ quick question, you are not planning to make a similar update video about credit cards by any chance? I am missing some sweet perks I was used to in my home country, like a free Priority Pass card that allows you to use the VIP lounges in the airport (a huge money saver and you don`t have to be a Rockefeller to be admitted) and other stuff like that, but I haven`t seen that to go with any of the German credit cards :(
@simplegermany Жыл бұрын
Hehe, glad we are back in the tradition 😉 Regarding credit cards there are not as many changes on the market, so no new video planned at the moment. And yes, Germany is not really that big on perks such as airport lounges. Maybe American Express has some of those, but then you would also pay a yearly fee for the cards.
@anchouse94 Жыл бұрын
@@simplegermany bummer, would need to become a Rockefeller after all :D thank you for the video and the response! :)
@simplegermany Жыл бұрын
Oh and whenever you have a certain topic in mind, you can also always check our website. We update the guides more often than we can record new videos on a specific topic 😉
@Valmed87 Жыл бұрын
Postbank Platinum and Revolut Metal have vip lounge entry
@simplegermany Жыл бұрын
Ah thanks for the info! Just had a look at Postbank Platinum and in our eyes it is a rip-off. The card is super expensive, you pay cash withdrawal and foreign currency fees and you still have to pay extra each time you want to enter an airport lounge. It makes more sense to get a free credit card, which we discuss in our guide: www.simplegermany.com/best-free-credit-card-germany/ and become a member of priority pass directly.
@DevarshRBhatt Жыл бұрын
Personally i dont trust a bank where i cannot go to in person incase i need help. I have already seen a very bad case of person, probably an international student IIRC loosing access access to all his money for weeks in his only bank account he had, which was in N26. He claimed he complained to N26 multiple times but to no avail. Ironically N26 replied to his social media post and asked him to do the exact same thing he had mentioned doing multiple times. So hell no for me.
@alex_blue58029 ай бұрын
I want to get n26 but they won't let me without a social security number 😭
@parusriram5300 Жыл бұрын
Can a person having residency permit of Germany open a joint account with a relative in Home country in a Germsn Bank ?? OR is it possibe for yhe Getman resident to nominate a relative in Home country as "next of kin" to claim the bank balances in event or any unfortunate circumstances??
@simplegermany Жыл бұрын
For joint bank accounts, I think both people need to be residing in Germany. You can look into creating a "Vollmacht" (power of attorney) or will where you name your next of kin in the event of an unfortunate event. You can get advise from a German lawyer. These speak English: se-legal.de/
@princesaharan5840 Жыл бұрын
great
@digitalnomadstr Жыл бұрын
I got my bank account in Deutsche Bank for my salary two months ago and yet to receive my ATM card.. Then I opened with Revolut with virtual card and it works like a charm..
@gauravthate248622 күн бұрын
N26 is asking for German resident permit. So one without permit can't open account with N26 with valid Visa and passport?
@simplegermany22 күн бұрын
It depends on your nationality. We created a free tool to help you find out which banks accept you based on your current status: www.simplegermany.com/banky/
@pratiknarendraraut6889 Жыл бұрын
Your channel is so underrated, hope you hit 100k soon✨️
@sanchous66bann Жыл бұрын
I am not exectly sure but for me the Vivid looks like have no English service and during the identification instead of accomplish this, agent start speacking German and after I asked to speak English he just disconnected...and reporting of the problem in app leading to nothing.
@simplegermany Жыл бұрын
Thanks for sharing your experience, very interesting to hear.
@sears_mechaniker_tyler Жыл бұрын
So if i wanted to Sign Up for Commerzbank, do i still need a residence permit and Anmeldung if i have Dual Citizenship Between US and Germany
@simplegermany Жыл бұрын
As a German citizen, you of course don't need a residence permit.
@tanayaa8247 Жыл бұрын
22:28 please share comparison between commerzbank vs deutschebank
@Angelacy16 Жыл бұрын
Could you please talk about c24 bank too? It has new interest rate coming in September 2023.. TIA
@simplegermany Жыл бұрын
Their offer is available in German only. Our criteria are banks who offer their banking in English.
@alexk3003 Жыл бұрын
I think Tomorrow has now some investment possibility
@cristiarama67486 ай бұрын
What about ING bank?
@simplegermany6 ай бұрын
It’s a good bank but only offers everything in German.
@srinidhichandra Жыл бұрын
I recently opened a Commerzbank account. And I don't know why, I'm not able to transfer money through SOFORT. It says we do not accept this bank. I was trying to make an international transfer. And also it's not letting me add the bank into Google pay. It's wierd that the Commerzbank app shows the option of connecting it to google pay. But says unfortunately it cannot be done now. And it's also not letting me connect my PayPal to Google pay.
@simplegermany Жыл бұрын
A bank transfer with traditional banks like Commerzbank usually takes 1-2 days. Not all banks offer the Sofort option and if they do, it is usually for a fee. Regarding the Google Pay issues, try contacting the customer service, we once had issues connecting with another bank and they were able to help out.
@raphaelscarin9057 Жыл бұрын
There is an Commerzbank App in English? Mine is only in German. I ask in the Bank, but they couldn't answer me... Could you could share the download link?
@simplegermany Жыл бұрын
If your phone is in English, the app should automatically be in English. Apps usually follow the language of the phone. To change the app language you need to go to the app settings and adjust it there.
@vikasuniyal4211 Жыл бұрын
Hello @SimpleGermany, I will be coming to Germany in March. My employer said, I need bank account to pay (and mention) for the rent contract. But bank account needs Anmeldung and for House I need a bank account to pay them (Chicken or the Egg situation). Is it possible that landlord will accept this wise account (for rent contract and paying them)? Thanks in advance!
@simplegermany Жыл бұрын
Wise gives you a European IBAN that you can use for SEPA transfers, which is how bank transfers are done in Germany. So there is no reason why your landlord shouldn’t accept the Wise bank account.
@vikasuniyal4211 Жыл бұрын
@@simplegermany Thank you very much.
@TAUSHIFAHMED Жыл бұрын
Thanks for another nice addition to your series of wonderful videos. May I know whether changing my bank account from one bank to another affects my Schufa score? Thanks
@simplegermany Жыл бұрын
No a regular swap should not. If you change too often or have too many bank accounts it might affect your Schufa score.
@TAUSHIFAHMED Жыл бұрын
@@simplegermany thanks a lot!
@samisaeed88 Жыл бұрын
Thanks for Continous update, I have not pleasant experience as rejected by Commerz bank, without giving me transparent reason, but I believe because my nationality, while I have very satisfied and pleasant experience with WISE online bank, they literally saved my live in all term, transfer fees and speed are the best, online, Apple and Google pay, visa, every thing as a payment are great