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

What is the best alternative 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.

Why look for an alternative to DISTINGO Bank?

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.

What speaks for DISTINGO Bank?

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.

Which alternatives to DISTINGO Bank are BaFin-regulated?

Of the 5 alternatives, Trade Republic, WeltSparen (Raisin), Consorsbank, UmweltBank are supervised by BaFin (the German financial regulator).

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