If you are facing the decision of opening a free current account at the Comdirect Bank – optionally with extras – then this article should be interesting for you.
Experiences of my own account opening at the Comdirect
Through this “landingpage”, I have started my account opening procedure: www.comdirect.de/cms/giro
You need about 7 minutes, if you apply for all extras at once.
All the usual personal data is gathered, which is stipulated by law for the identification of the customer: name and address, day and place of birth, citizenship, as well as the contact information, which is telephone number and e-mail address.
Moreover, there are four further questions: professional status, industry, current job and since when you perform it. Concrete statements are advantageous for the setup of the overdraft facility (optional customer requirement).
Free Visa Card
So that the bank can grant you a credit line for the Visa Card already, one can state the amount of your regular monthly net income here. The Comdirect grants a maximum of 3-times the sum of the monthly income, given a positive result at the Schufa-query.
Alternatively, you get the Visa Card as a prepaid-variant. You charge the credit and then you can pay with it or enjoy the fee-free cash supply through all Visa-ATMs abroad.
Moreover, you can register here with a tick for the “Wechselgeld-Sparen”(change money savings). The advantages for you are explained under Point 2 on the page “7 secrets of the Comdirect Visa Card“.
Overdraft facility up to 3-times the amount
One can apply for an overdraft facility already at the account opening. You can also do it later, when the account is already in complete use and the bank sees that one is a customer that knows how to deal with finances.
As this article is about applying for the current account with all extras, here are my advices for you!
If you want to get the overdraft facility of the Comdirect, then the bank expects from you to arrange to transfer your monthly income to this account. The bank computer recognizes through a key number at the transfer, whether it is a salary payment or state payment.
Just as with the Visa Card, the maximum credit line is three-times the sum of your regular monthly net incomes. You can also enter a lower loan amount, if you want.
If the bank thinks that your desired loan amount is too high – for example, due to an average rating at the Schufa and the fact that the bank has not made any own experiences with you as a customer –, the bank will make you a suggestion.
A free securities depot can also be opened together with the account. For this, you must answer some questions about your former experiences with securities. This is stipulated by law.
Normally the current account serves as the settlement account for securities transactions. However, you can allow to create an additional free settlement account , if you feel that this is more comfortable for your purposes.
You can find further information about the depot of the Comdirect Bank here: Allrounder and specialist at the same time!
These were all things that can be applied for immediately at the account opening.
Now, you can choose to print the account opening documents immediately or let them be send by mail to you. This is particularly practical, if you started the account opening on the road and do not have a printer nearby. The sending by mail takes about two days.
If you choose the immediate printing, then there are only 6 pages, if you want to apply for all extras at once: current account application (1 page), application for the Visa Card (1 page), application for the Depot (1 page), terms and conditions (1 page), description of the PostIdent-procedure (1 page) and the form for the PostIdent (1 page).
You only have to sign once on page 4. Such a slender and completely optimized acocunt opening procedure is provided by a very small number of banks.
Here you can trigger your own account opening now:
“Yes, I want the Comdirect-current account”
… test it free of charge + free of risk!
Annoucement: in further articles, I will report about the optimal use of the current account at the Comdirect Bank. I would be pleased to answer your questions about the account opening through the comments box at the end of this page!