Overview

• Stiftung Warentest Finanzen reviewed 711 account models from 182 banks and savings banks across Germany.
• Warentest deems €60 per year an appropriate ceiling for account fees, yet only 66 offers fall below that level.
• Of those, 54 are paid accounts under €60 and 12 are unconditional free options that include a card and transfers.
• Prices range from free to as high as €720 annually, with average costs at €125 and no broad increase versus last year.
• The free options are salary accounts for online customers from smaller regional banks and neo-banks, five with branch access, and very low prices are often available to young adults.