The banks charge fees depending on which ATM you withdraw money but some banks do not charge withdrawal fees at all.Ĭredit cards in Germany are not used for deferring payments the same way as in the US or other countries. Most German credit cards and Girocards offer contactless payments without entering your pin for smaller sums, usually below 40.- Euro. It often happens that smaller shops or restaurants ask you to pay cash. You probably want to have a Girocard as the main means of payment in Germany. The Dispo might only work if you withdraw on ATMs issued by the bank itself and might not work at all if outside Germany.ĭo not rely only on credit cards for payments as they are not always accepted. The banks usually offer you a bank overdraft which the Germans call Dispo if you have a regular income. Payments are debited the same day or a couple of days afterward. This means you can use these cards in most parts of the world. The Girocard is a German system but almost all banks offer cards that are compatible with the Mastercard/Maestro or Visa/V-Pay systems. Checking account fees vary between 0.- and up to 20.- Euros per month. Some banks are brick and mortar banks with branches and some are online banks only. Most German banks offer online bank accounts either through an app or online banking. The Girocard is connected to your checking account. The most used payment method in shops and restaurants in Germany besides cash is the Girocard or Girokarte, sometimes also referred to as Debitkarte or EC-Karte. You need it to pay your rent, receive salaries, to get a mobile or an internet contract. It is very hard to live in Germany without having a checking account or current account, a so-called Girokonto. What you need to know about payments in Germany For a better long-term price and if you are fine with a German app and website and some English support on the phone use *1822direkt or *DKB. Too long to read? Here are my picks: For a quick setup (all you need is your phone) and full English language support, use *Wise or *Revolut. How to open a bank account online in Germany.Summary: checking account recommendations for expats in Germany.Comparison of the best banks for expats in Germany.Free business bank account for freelancers.Blocked accounts for jobseeker visas and students. Bank accounts that do not require a registered German address.What you need to know about payments in Germany.
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