If you need a visa to study in Germany, you often also need a blocked account (Sperrkonto), to prove that you have enough funds to sustain yourself while living and studying in Germany. Here I compare the cheapest offers for German blocked accounts.

What is a Blocked Account?

A blocked account is a special type of bank account that

  1. requires you to initially pay in a big sum that will cover your spending for a whole year. Currently, this is minimum 8700 €
  2. then allows you to withdraw every month only 1/12 of it, i.e. 725 €

Comparison of Blocked Accounts

There are two online offers for blocked accounts that I know of: Fintiba* and Expatrio*.

If you only order a blocked account from them, you pay the following fees – but read below the table, both also offer packages together with health insurance that make the whole thing cheaper!

Fintiba*Expatrio*
Initial fee89€49€
Monthly fee4.90€5€
Go to Fintiba*Go to Expatrio Blocked Account*

Cheaper with a Package: Blocked Account, Health Insurance, ISIC card …

As a foreign student, you usually do not only need a blocked bank account, but also health insurance:

  • incoming health insurance if you arrive before the semester starts (e.g. on September 1st)
  • public student health insurance after the German semester has begun (e.g. on October 1st)

And both Fintiba and Expatrio offer packages with both a blocked account and health insurance that make the whole thing cheaper. Especially with Expatrio, you can bring the registration fee down to 0€, effectively only paying the monthly fees.

Fintiba Plus

Fintiba’s package Fintiba’s Plus comes with a travel and incoming health insurance for max. 48 months and is automatically cancelled once the semester starts and you are enrolled in a public health insurance. Additionally, you receive an ISIC student card for 3 years.

Expatrio Value package

Expatrio’s Value package gives you an incoming health insurance, too, this one valid for max. 180 days (~6 months). Different to Fintiba, you get the first month for free.

Additionally, Expatrio gives you:

  • a current bank account from Monese (free for the first 12 months, then 4.95€). If you want to stay free, consider then switching to another free German bank account
  • a free liability insurance for 1 year
  • a free ISIC student card for 1 year

See here both compared side-by-side:

Fintiba Plus*Expatrio Value package*, limited offer with voucher code FREEBA19
Initial fee89€0€
Blocked account monthly fee4.90€5€
Current account–Monese Plus Plan: free for the first 12 months (then 4.95€/month)
Incoming Health Insurance (if you arrive before semester starts)from Mawista, 48 month maxfrom Dr. Walter, 180 days max
Cost of Incoming Health Insurance33.10€/monthfree for first 31 days (if you need it longer, then 33€)
Public Health Insurancefrom DAK, ~95€/monthfrom TK, ~95€/month
Liability insurance–free in first year, cancelled automatically
ISIC cardfree for 3 yearsfree in first year, cancelled automatically
Cashback110€–
Sum of one-time costs
  • 89€ for blocked account registration
  • 95€ for travel insurance
  • -110€ cashback
  • =74€
0€
(limited offer with voucher code FREEBA19)
Sum of monthly costs
  • 4.90€ for blocked account
  • before semester starts: 33.10€ for private incoming health insurance, after semester starts: ~95€ for public health insurance
  • 5€ for blocked account
  • before semester starts: 0€ for 1 month private incoming health insurance, after semester starts: ~95€ for public health insurance
Go to Fintiba*Go to Expatrio Value package*

Something left unanswered? Then feel free to ask in the comments!

Links marked with a star (*) are affiliate links. If you click on such a link and then shop or order something, I will receive a commission for your purchase. This does not change the price for you.

πŸ₯ Comparison of German Health Insurance Options

Public or private – especially as a freelancer/self-employed you have to choose your health care option in Germany. Read here about their costs, practical usage, and setup process. Read more

πŸ’» Cheap & Fair Laptop Insurance

From th bginning of this yar, my txts typd on my laptop lookd like this… The E letter on my keyboard was broken, well, not always – but I had to hit it really hard and long. Not really convenient, especially if you want to write “cheap” but what comes out is “chap”. Read more

πŸŽ“ Free German Bank Accounts for Students

Coming and living in Germany as a student? Then even more banks offer a free account for you! Find here a comparison of special offers for students, plus in case you need a visa: offers for a blocked account (Sperrkonto). Read more

Stay tuned on Facebook:

Like BerlinCheap.com on Facebook

Get the Newsletter:

Receive info about new blog articles and cheap deals in Berlin and Germany, approximately 1 mail every 2 weeks.

For details about registration, recorded data, statistical analysis and email dispatch via the US service MailChimp please check our privacy statement.