1822direkt review

There is no account keeping charge on this account. The monthly fee is €0, and the minimum deposit is €0, so you can open it and fund it without putting money in first.

The rate is variable, listed at 3.5%, so it can move rather than being locked in for a set period. The account is easy-access, which fits savers who want to draw money whenever they need it.

Deposits and withdrawals are possible daily at any time, with no notice period and no fixed term. That makes it a straightforward place to hold cash you may need without warning.

Deposits sit with Frankfurter Sparkasse, the legal entity behind 1822direkt, in Germany. Deposit protection runs EU DGS up to EUR 100,000, so balances above that cap are not covered by the scheme.

A reference account is required. That means you need a German current account to link, which is the main condition alongside the free minimum deposit of €0.

A joint account is one of the listed features, so a shared arrangement is possible. Ask for the joint account option when you open, and check the terms for both holders.

The listed support channel is a help centre, help centre. There is no indication of phone or chat in the details, so it is worth checking whether the help centre answers quickly for anything urgent.

The legal entity is Frankfurter Sparkasse, based in Germany. 1822direkt has been operating since 1996 as the direct banking brand of that bank.