Key Features of BaFin’s Checking Account Comparison Platform
BaFin’s platform offers several features to help consumers find the right checking account. These include:
Neutral Comparison
The platform provides a neutral comparison of all current accounts available in Germany, without giving preference to any provider. This allows consumers to make an informed decision based on their individual needs.
Comprehensive Data
The platform collects data from over 1,000 current account providers available in Germany, including information about account type, monthly fees, interest rates, and more.
Filters for Customized Search
Consumers can use various filters to find the right account for their needs. For example, they can filter by account type, such as free checking accounts, salary accounts, student accounts, or online accounts.
Additional Functions
The platform also allows consumers to filter by additional functions, such as real-time transfers.
Downloadable Results
Consumers can download the results of their search as a table, which can be printed out or shared with family members.
Up-to-Date Information
The platform is updated regularly to ensure that consumers have access to the most current information available.
EU Payment Accounts Directive
BaFin’s platform is implemented in accordance with the EU Payment Accounts Directive, which requires EU countries to provide a free comparison website.
By using BaFin’s checking account comparison platform, consumers can easily find the right checking account for their needs, without having to sift through multiple websites or visit individual banks.