Last Saturday, I tested for you the new possibility of free cash withdrawals. My usual companion: the video camera.
Free cash withdrawals in a comparison:
Cash im Shop
|Places of withdrawals?||almost all ATMs with VISA-sign
these are about 99 % of all ATMs around the globe
|more than 6,000 shops in Germany
e.g. Rewe, Real, Penny
|Withdrawal amount?||up to Euros 1,000 per day||Euros 50 to 300 per day|
|Multiple withdrawals possible?||yes||yes|
|Fees?||no, free of charge!
Foreign ATMs abroad sometimes charge a “direct customer fee / ATM-fee“ – the DKB has no influence on that
|no, free of charge!|
|Cash im Shop (cash in the shop) does not replace the free cash withdrawals at the ATM, but extends your possibilities to get cash. Moreover, it increases the daily availability of Euros 1,000 to Euros 1,300 (both withdrawal methods combined)!|
Instructions: How “Cash im Shop” works
In the video (above), you could see step-by-step, how I withdrew cash free of charge in the Rewe-supermarket. I have summarized the steps for you to read them here again.
You can create the barcode by loggin into the banking-app of the DKB through the Smartphone (see video above) or the classic online banking on the PC. In both cases, you click in the main menu on the menu point “Cash im Shop” (cash in the shop).
Follow the menu instructions.
You can choose a withdrawal amount of Euros 50, 100, 150, 200, 250 or 300.
If you want to create another barcode within 24 hours for payment, only the non-used amounts are available. In this case, a barcode in the amount of Euros 150 has already been created. For the next barcode, one can choose Euros 50, 100 or 150.
The next step is to confirm the planned withdrawal with a TAN.
Done, the barcode for withdrawal has been created.
Go to the supermarket checkout
If you do not know, where the closest site of a cooperating checkout is, you can use the interactive map in the online banking system, as well as in the banking-app.
At the checkout, you present the printed barcode or show the barcode on the Smartphone / iPhone.
Scanning the code has not worked in my cases, but that does not matter. At the checkout, you always have the possibility to enter the digits below the bars manually into the checkout. Both codes bear the same information.
Next, the checkout system shows an amount with a minus sign, what could surprise the staff member at the checkout during the first times. But everything is ok. One gets this amount paid in cash. Additionally, one gets a receipt of the withdrawal.
Always stay friendly and cool 🙂
Please be friendly with the checkout staff. Especially during the beginning of “Cash im Shop”, people could wonder about the request to withdraw money. In all our cases, the checkout staff was willing to try it and it worked flawlessly every time.
Done, what now?
By redeeming the code (coupons) at the supermarket checkout, the generated code disappears in the online banking / the banking-app in real time. This way, one can be sure that there won’t be a double payment.
Moreover, one can see the withdrawal in the account transactions even on the weekend.
Questions on the sequence?
I would be pleased to help you with my experiences. At best, you enter your question into the comments box at the end of this page. There, you can also report your experiences – for the benefit of other readers –.
I have kept the first video above intentionally short. If you want, there will be a second and more comprehensive video about the new money withdrawal method “Cash im Shop”. The questions and experience shared through the comments box will influence the content of the video. With e-mail address, you will be informed with preference as soon as the new video is completed.
Further articles that help to use the DKB-account even more effective:
- The 11 most important features of the DKB Visa Card
- DKB Visa Card in the use abroad