Your German bank account
A blocked account only holds your visa money. To receive it, pay rent and get paid from a job, you need an everyday account — a Girokonto.
Opening it, step by step
- 1Open an account online (app banks) or book a branch appointment. Some app banks let you start before you arrive.
- 2Register your address in Germany (Anmeldung) — many banks ask for this certificate.
- 3Add your new German IBAN to your blocked account so your monthly money is paid out.
- 4Your tax ID (Steuer-ID) arrives by post after Anmeldung — add it in your banking app when asked.
Compare banks
N26
App bank
- App-only bank with German IBAN
- Video identification online
- English app and support
Revolut
App bank
- Multi-currency account
- Useful for transfers from home
- Check that you get a German IBAN
Wise
App bank
- Hold and convert many currencies
- Low-cost transfers from home in EUR
- Check that your account details suit German direct debits
Commerzbank
Bank with branches
- Branches across Germany
- Girocard available
- Student account offers
Sparkasse
Bank with branches
- Local branches in almost every town
- Cash deposits at the counter
- Girocard widely accepted
Fees and conditions change — always check the bank's own page. Some links may become partner links that support Academic Path Germany at no extra cost to you; this never changes our guidance.
Good to know
Girocard vs debit card
Some shops and offices only take the German Girocard. A Visa/Mastercard debit card works almost everywhere else.
Direct debit (Lastschrift)
Rent, phone and insurance are often paid by SEPA direct debit — you need a German or EU IBAN.
Cash
Germany still uses cash a lot. App banks may charge for cash deposits; branch banks usually don't at the counter.
SCHUFA
Your credit record in Germany starts with your first account. Paying bills on time helps when renting.
Next: set up your blocked account or choose health insurance.