Consorsbank review 2026
How good is Consorsbank really?
BaFin-regulated 80/100 points
kosten.org editorial team
Last updated: 2026-02-01
80/100
Points
Based on published terms and features
Consorsbank, a brand of the large French bank BNP Paribas, is one of the most established direct banks on the German market. With its roots in securities trading, it has developed over the decades into a full-service bank that stands out above all for the seamless integration of a current account and professional brokerage. We checked how much "trader DNA" there is in the everyday account and whether the bank is also a good recommendation for pure savers.
Highlights of our Consorsbank review
- Consorsbank scores a very good 83/100 points in our rating – a top all-rounder for investors.
- Free current account from €700 in monthly deposits or for people under 28.
- Outstanding custody account offering with more than 1,000 free ETF savings plans.
- Includes free instant transfers and a Visa debit card.
Table of contents
1 Account management
18/25
Points
Consorsbank's account model is fair: anyone who receives at least €700 a month in deposits pays no fees. For everyone under 28, the account is even unconditionally free. Without meeting these criteria, a monthly fee of €4.00 applies. The account is opened in a modern way via VideoIdent or PostIdent (online or post office identity verification) and takes just a few minutes.
2 Cards
11/15
Points
The free current account comes with a Visa debit card designed for everyday payments and use worldwide. A classic Girocard can be added for €1.00 a month, which is still partly useful for acceptance in smaller German shops. A genuine Visa Gold credit card with an insurance package is available for an extra charge.
3 Cash withdrawals
16/20
Points
Cash is a point at Consorsbank that you need to plan carefully: with the Visa debit card, three withdrawals a month worldwide are free at almost all ATMs from €50. From the fourth withdrawal, €2.00 is charged. That is entirely sufficient for most users, but frequent withdrawers should keep it in mind.
4 Payments
6/8
Points
When it comes to mobile payments, Consorsbank is right up there: Apple Pay and Google Pay are fully supported. Within the eurozone, all card payments are free. For payments in foreign currencies, the bank charges a foreign transaction fee of 2.10%, which is somewhat above the market average.
5 Interest & saving
6/7
Points
As a subsidiary of BNP Paribas, Consorsbank often offers very competitive interest on instant-access savings, especially for new customers. The centrepiece, however, is the custody account: with a huge selection of free savings plans and a professional trading platform, it is among the best offers for long-term wealth building.
6 Banking app & features
8/10
Points
The Consorsbank app is functional, stable and secure. It offers all the standard features such as push notifications, photo transfers and an integrated mailbox. A real highlight: unlike many competitors, Consorsbank includes instant transfers free of charge as standard.
7 Customer service
8/8
Points
Customer service is easy to reach by telephone and chat. The staff are knowledgeable, which is particularly important for questions about the custody account or more complex financial products. Availability is not a 24/7 service as at comdirect, but it is thoroughly exemplary for a direct bank.
8 Security & extras
7/7
Points
Security is a high priority at Consorsbank. In addition to the statutory deposit protection (Einlagensicherung) in Germany, the bank benefits from the safety net of the BNP Paribas group. The innovative SecurePlus procedure allows orders to be authorised securely and simply via the app.
Pros & cons at a glance
Pros
- Very strong custody account offering with many free savings plans
- Free instant transfers included
- Stable and secure banking app with an investment focus
- Attractive new-customer offers for instant-access savings and custody accounts
- High security standards thanks to the BNP Paribas group
- Fair conditions for free account management
Cons
- Cash withdrawals limited to 3 a month
- Girocard costs an additional monthly fee
- Foreign transaction fee (2.10%) comparatively high
- App design functional but not very playful
Conclusion: Consorsbank review
80/100
Very good (2.0)
With 83/100 points, Consorsbank is an excellent choice for anyone looking for a reputable direct bank with a professional connection to the markets. The combination of a solid current account and one of the best custody accounts on the market in particular makes it a top address for investors and savers who want more than a simple payments solution.
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