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).

In Germany, even if you are not a student, you already have a wide range of free bank accounts available. But there are even more as a student! Why? Because banks assume that students become later better paid professionals, so they want to catch you early as a customer.

If you are a student from a non-EU/EEA country and need a visa, you might also need a blocked account (Sperrkonto). Read more below.

Comparison of Checking/Current Accounts


(Can’t see the table? Click this link. *)

Opening most of these accounts is possible online. For particular instructions, read the descriptions at the end of this article.

Blocked Accounts (Sperrkonto)

What is a Blocked Account?

Studying as a non-EU/EEA citizen usually requires getting a visa. And to get this visa, you often need to prove that you have enough funds to sustain yourself while living and studying in Germany.

This can be done by a blocked account (German: Sperrkonto). It 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 X-Patrio.

While X-Patrio is the cheaper option, Fintiba besides a blocked account also offers packages that include incoming health insurance. This is why I decided to include both here.

Fintiba*X-Patrio
Initial fee89 €49 €
Monthly fee4.90 €5 €
Go to Fintiba*Go to X-Patrio

More suggestions for bank accounts suitable for students? Then leave a comment!

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.

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