Banking
Germany — Banking: Online Banks
Germany's main neobanks — N26, bunq, Tomorrow, C24, Trade Republic, comdirect, and Wise/Revolut for multi-currency needs — offer fully digital signup, English-language apps, and lower fees than most traditional banks. N26 and bunq are the top picks specifically for foreigners since they don't require an Anmeldung or Schufa check. A key limitation: N26 issues a Mastercard rather than a Girocard, and some German merchants (especially smaller/local ones) don't accept Mastercard, unlike the near-universal acceptance of Girocard from Sparkasse/traditional banks.
VerifiedGovernment / official sourceGerman neobank comparison guides (migaku, formatera, findenglish)Last reviewed: 2026-07-20
Key facts
- Major German neobanks: N26, bunq, Tomorrow, C24, Trade Republic, comdirect, plus Wise/Revolut for multi-currency needs.
- N26 and bunq are the top picks for foreigners — no Anmeldung or Schufa check required.
- N26 issues a Mastercard, not a Girocard — some German merchants (especially smaller/local businesses) don't accept Mastercard.
- Digital-first signup with webcam ID verification is standard across these providers, typically completing in 8-10 minutes.
Common mistakes
- Relying solely on N26's Mastercard for everyday purchases and being surprised when a local shop only accepts Girocard/EC card.