Commerzbank Online Account Opening in 8 Minutes and English
Open Your Bank Account with Commerzbank:
Step-by-Step Guide
Last Update: 13 May 2024
Commerzbank is Germany’s second-largest private bank with a strong reputation for security and reliability, so it has been honored with awards from Germany’s financial magazines €uro and Focus Money. It is famous not only among German nationals but also among expats and international students in Germany. Commerzbank is one of the few traditional banks with a vast network of branches offering free bank accounts without monthly base fees for adults and students. It provides an English mobile application and banking interface.
Individuals applying for the “Kostenloses Girokonto” exclusively receive a 50 Euro start bonus when opening the account online. Unfortunately, the online account opening is only available in German. But no worries, you do not need an appointment! Check our step-by-step guide to securely complete the online opening process.
6 Reasons to Open an Account with Commerzbank!
Bank Account for Free
The Commerzbank “Kostenloses Girokonto” for adults is without monhtly fess if you register monthly incoming funds of at least 700 Euros. The “StartKonto” for students up to 27 years is unconditionally free of charge.
Free Bank Cards
All customers receive a Girocard that supports Apple Pay and Google Pay. With the “StartKonto,” students also get a free Visa Credit Card. Further cards are available on request against a fee.
Free Cash Withdrawals and Deposits
You enjoy unlimited cash withdrawals and deposits in Germany at Commerzbank Branches, Cash Group ATMs, and cooperating retailers.
€50 sign-up bonus
You can get 50 Euros as a starting credit when you sign up online, use your bank account actively, and agree to phone and e-mail marketing during the first months.
Wide network of branches
You can easily visit one of the 400 Commerzbank branch offices in Germany for personalized service.
Stable and reliable
Commerzbank has a strong reputation as Germany’s second-largest private bank. All deposits are insured under the German national deposit insurance scheme.
Disclaimer:
The information in this post is non-binding and for informational purposes only. It is not a complete market overview. We do not take responsibility for the accuracy and up-to-dateness of the data. Please re-check the final conditions and prices on the providers’ websites (§18 ZKG).
We do not intend to provide financial advice. All investments involve risks of loss.
Some of the links in this article are promotional links. We gain a commission if you purchase an item or open an account following this link. It helps us keep this site running and does not come at any cost to you.
Swipe to check the step-by-step guide
Step 1:
Provide Your Personal Details
- Bank account (current account) for adults
- Bank account (current account) for students, apprentices, and students
- Gender
- Academic title (optional)
- First name
- Last name
- Maiden name (optional)
- Date of birth
- Place of birth
- Country of birth
- Nationality
Step 2:
Provide Your Address and Tax Information
- Postcode
- City
- Street name
- House number
- Country
- Month and year, you moved to the indicated address
- German tax number (optional)
- Tick the box if you are a tax resident of another country other than Germany or are unlimitedly liable to taxes in the USA.
Step 3:
Provide Your Employment Details
- Profession
- Employee: Angestellter
- Worker or employed craftsman: Arbeiter und nicht selbständige Handwerker
- Apprentice: Auszubildende / Auszubildender
- Housewife / Houseman = Hausfrau
- Pensioneer: Rentner und Pensionäre
- Pupil: Schülerin / Schüler
- Student: Studentin / Student
- Independent Crafsman: Wirtschaftlich selbständiger Handwerker
- Independent private person: Wirtschaftlich selbständige Privatperson
- No indication: Ohne Berufsangabe
- Depending on your previous answer, you may be asked for your position, which can be either
- No indication: keine Angabe
- Leadership position: leitend
Step 4:
Provide Your Contact Data
- Mobile phone number
- E-mail address
- Repeat e-mail address
Step 5:
Choose Your Login Data
- Username: 8 – 50 digits with at least one number or special character
- PIN or Password: 8 – 45 digits
- Repeat PIN or password
Step 6:
Provide Details about Your Expected Transactions
- Regular incoming funds in Euros: E.g., Net income, social benefits, family support
- Cash transactions in Euros, including the sum of expected cash withdrawals and deposits
- Tick the box if you regularly perform transactions abroad.
- Depending on your previous answer, you may be asked which countries you will perform transactions in. You can select up to five countries.
Step 7:
(Un-)select Mastercard Debit Option
Tick the box if you want to obtain an additional Mastercard Debit. It is available for a monthly fee of 3.50 Euros and can be canceled anytime. If you do not want to decide now, you can also request the Mastercard Debit later through online banking.
Step 8:
(Un-)select Broker Account Option
It is free of charge until the first order and remains without base fees if you perform one order or savings plan transaction per quarter. There can however be costs for the order or savings plan execution.
If you do not want to decide now, you can open a broker account at anytime through online banking.
Step 9:
(Un-)select Flexible Savings Account Option
If you do not want to decide now, you can open a flexible savings account later through online banking.
Step 10:
Accept Terms and Conditions
- Receiving the account conditions and further information digitally through e-mail
- That you open the account on your own will
- Acknowledge the information for depositors and conditions regarding the statutory deposit insurance
- The conditions described in the information for depositors and the deposition of your funds
Step 11:
Accept Data Privacy Policy
- To receive information and offers by phone and / or email. Please note that agreeing here is one of the conditions to receive your €50 start bonus. You can withdraw the consent easily after the payout.
- That Commerzbank uses your personal data for consulting you in financial services.
- That Commerzbank can transfer your personal data for financial services consultation to cooperation partners.
Step 12:
Download Your Documents
You can download the Terms and Conditions for the Bank Account here or request them through e-mail.
Step 13:
Download Your Application
On the screen, you can see your order number, bank account number (IBAN), and user name. You can download your account application or request it through e-mail.
Step 14:
Identify Yourself
- Online through your smartphone and webcam
- At a post office (Deutsche Post), using the POSTIDENT coupon in your application documents
- At a Commerzbank branch