DISTINGO Bank
Alternatives & competitors
Alternatives to DISTINGO Bank
We have checked 5 Instant-access savings providers that are an alternative to DISTINGO Bank. DISTINGO Bank scores 79 out of 100 points in our rating. 4 providers score higher, led by Trade Republic with 87 points (8 points ahead).
FAQ: alternatives to DISTINGO Bank
Trade Republic – with 87 out of 100 points the highest-rated alternative and therefore 8 points ahead of DISTINGO Bank (79). Trade Republic: Berlin neobroker with 3.00% p.a. interest on balances, a BaFin licence and German deposit protection.
Our rating found these weaknesses at DISTINGO Bank: Rate drops to 1.95% after 3 months; Promotional rate capped at €150,000; No German deposit protection. If any of them is a deal-breaker for you, it is worth looking at the 5 alternatives on this page.
DISTINGO Bank scores with: High promotional rate in the first 3 months; EU deposit protection; Free of charge. That adds up to 79 out of 100 points. If this matters to you, you will hardly find anything better among the alternatives.
Of the 5 alternatives, Trade Republic, WeltSparen (Raisin), Consorsbank, UmweltBank are supervised by BaFin (the German financial regulator).