Yes, there are some of us who have opened the DKB-account anew or who want to open it.
Due to the fact that the bank does not know you yet, you normally will get set up an initial credit line of Euros 500 for the current account as well as for the corresponding credit card (DKB Visa Card).
Initial credit line 2 × € 500
If this is too low for you, you can arrange to receive your incoming salary transfer to the DKB and then you apply for a raise of the credit line up to three-times the incoming salary transfer.
Immediate solution: Increase of the overdraft facility by transfer
Not everyone wants to use the DKB as their main bank account right away or arrange the salary transfer to it, however, you want to profit from the advantages of the credit card use (e.g. fee-free cash supply). Setting up a standing order to the DKB Visa Card can be very useful.
This instruction has been made due to a suggestion from someone of our community.
Standing order = preprogrammed transfers
1. Log into the online banking, choose VISA-savings orders (VISA-Sparaufträge)
2. Determine the card, amount and date of execution
3. Check again and confirm with a TAN
4. Confirmation by the DKB
Overview of the consisting programmed transfer orders
Difference: “credit line” and “overdraft facility”
You can get the full amount of your overdraft facility electronically using the DKB Visa Card.
Overdraft facility is:
If the credit line is (initially) too low for your purposes, then you can increase the overdraft facility by transferring balance to the credit card. There is no upper limit at the DKB!
The overdraft facility would be after the transfer:
You can make transfers at any time manually within the online banking or program the transfers as a standing order (function: savings plan) – as shown in the instruction above.
Questions, notes or ideas?
An exchange is more than welcome through the comments feature at the end of this page … and again a big thanks to our community of smart banks, who help us a lot!