Choosing the best financial institution

Comparing banks to choose the best financial institution

Comparing branch banks and online banks

Today customers have a choice between branch banks and online banks. Comparison shows that both types of institution meet different needs. With online banks, customers manage their money over the internet. Online banking is possible anywhere you have internet access - 365 days a year. Anyone comparing banks will find that online banks often offer better terms, in the form of higher interest and lower fees, than branch banks. Branch banks usually come off worse in a direct comparison. Many customers value being able to manage their finances flexibly, but do not want to be tied to fixed opening hours. For these reasons, more and more people choose an online bank after comparing.

Tips for finding the ideal institution when comparing banks

The internet offers plenty of ways to compare banks. There is no need to work through the individual websites of numerous institutions. There are dedicated sites where the offers have already been reviewed and set side by side. Such comparisons are only the start, though. Banks' terms can differ considerably and, to keep things clear, are often not taken into account in that kind of comparison. Looking closely at individual banks is what reveals which one best matches your individual preferences. With instant access savings, for example, there are offers that tempt with a particularly high rate but provide for a sharp cut after a certain time. With a good online comparison you can easily find the right bank.

Opening an instant access savings account quickly and easily after comparing banks

Have you compared banks and decided on the DKB instant access savings account? Then opening it is quick and easy! You complete the form with your personal details and the details of your reference account, then print your PostIdent coupon. You take that to a Deutsche Post branch. There you confirm your identity as the account holder, together with your identity card. Once the PostIdent procedure is complete, you can activate your instant access savings account. To make sure you have authorised access to the account, we first carry out a reference account test. In it we transfer a small amount in euro cents to your current account, which you enter when you first log in to online banking. Nothing then stands in the way of paying into your instant access savings account. You earn the attractive interest that makes this account the winner of many bank comparisons from the very first euro. The security and usability of the online banking has been assessed by TÜV Saarland and certified with the "Certified payment system" seal. Another reason why DKB scores well in a detailed comparison of banks.