Instabank
Alternatives & competitors
Alternatives to Instabank
We have checked 5 current account providers that are an alternative to Instabank. There is no rating for Instabank yet, whereas 5 of the alternatives have already been rated.
FAQ: alternatives to Instabank
The highest-rated is ING with 91 out of 100 points. ING: Germany's largest direct bank, focused on simple, fair products.
Our rating found these weaknesses at Instabank: No German deposit protection, the Norwegian Bankenes sikringsfond is responsible; Access for German customers mostly only via an interest platform; Norwegian protection limit is defined in kroner, therefore dependent on the exchange rate. If any of them is a deal-breaker for you, it is worth looking at the 5 alternatives on this page.
Instabank scores with: Regularly competitive interest rates in call money and fixed-term deposit comparisons; Low entry amounts possible via the interest platform; Purely digital bank with a lean cost structure. If this matters to you, you will hardly find anything better among the alternatives.
Of the 5 alternatives, ING, DKB, C24 Bank, Consorsbank are supervised by BaFin (the German financial regulator).