The Cashdirect offers as a company of the Frankfurter Savings bank a free checking account and gives you under certain conditions a premium of 150-200 € as a welcome bonus.
Cashdirect bonus payout – 150 euros for opening an account
- 150 € bonus payout + 50 € for recommendation
- Free account management with one credit per month – no matter how high
- Free withdraw cash in Germany at all cashpoints of the savings banks with the free EC card
- Free cash withdrawal in the EU abroad (in Euro) by credit card
- On request: Free credit card from 4,000 € annual turnover
- Disposal and overdraft interest : relatively cheap at 7.43% pa
Costs & Fees
In order to guarantee the free account management , at least once a month money must go into the account. The sum is insignificant. Otherwise, a fee of 3.90 euros will be charged. Moreover, when opening your account, you can apply for up to two Savings banknCards for free. Both for the use of the card itself and for use when withdrawing at the ATM will be charged no expenses.
Received 150 Euro bonus credit
In order to get hold of the offered opening premium in the form of a credit note in the amount of 150 euros on 20.02.2019, you must open your first checking account at Cashdirect online in the period from 30.08.2018 to 27.09.2018. By the end of January 2019, it is expected that there will be at least three salary increases of at least € 1,000.
The bank accepts wages and salaries, pensions, student loans and salaries. If you are under 27, then the same bookings with a minimum amount of 500, – €. Other monthly inflows such as transfers or transfers from other individuals are not included. It should also be noted that never before has a checking account been kept in your name at Frankfurter Savings bank.
200 Euro premium with new customer advertising
You will also receive a recommendation bonus of 50, – Euro. The new customer will do the account opening no later than six weeks after the customer advertisement. About three weeks later, the advertiser is entitled to the Opulus. For each new customer, only one credit can be granted.
If you need a short-term disposition or overdraft facility in the event of a liquidity shortage, the interest rate is 7.43 percent.
Transfers and standing orders
Submit your transfers and standing orders online, this works without additional effort. For paperwork or telephone orders via voice computer, the Cashdirect will charge 1.50 euros, for check applications 2.50 euros. In order to always be informed about the current account turnover, you can retrieve your account statements free of charge via the postbox.
The use of OnlineBankings can be done easily via App. Here, the Savings bank offers various functions such as the account balance, the sorting of sales for a term searched for, photo transfers, push messages for account transactions and access via Touch ID / Fingerprint / Face ID. The ATM search simplifies the cash withdrawal on the go. Thanks to multi-bank capability, you can use the app for other accounts with other banks.
With the payment medium paydirekt you can conveniently pay online with username and password.
Further services can be found in the price and service specifications.
If you are critical of the account change because of the high costs, you can always use the account change service. The Savings bank supports you simply and digitally, to announce the change of the bank account with the respective receivers.