Updated September 28, 2026 · VaultCue Editorial Team
Berliner Volksbank vs Evocabank
Berliner Volksbank
Higher score in this comparison
Evocabank
Berliner Volksbank vs Evocabank: the differences
| Compare | Berliner VolksbankReviewSee alternativesSee alternatives | EvocabankReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 3.25% | 4.5% to 10.5%Higher |
| Minimum deposit | €0 | AMD 100,000 |
| Access terms | Tagesgeldkonto: daily access, deposits and withdrawals possible daily, balance available daily, one account per customer, payment traffic only via the registered reference checking account | Term 31-1,095 days; interest paid at term end, monthly or quarterly; replenishable from 100,000 AMD; placed at Head Office and branches or via EvocaTOUCH / EvocaONLINE; early termination recalculates interest |
| Monthly fee | €0 | AMD 0 |
| Account kind | Easy access | Fixed |
| Term | Not confirmed | 1 to 36 months |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
Same on both: Rate type (Fixed).
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Key differences
- Founded is lower at Berliner Volksbank: 1946 vs 1990.
- Headline rate is higher at Evocabank: 4.5% to 10.5% vs 3.25%.
- Support channels: only Evocabank offers Chat, Help centre.
- Pricing model: only Berliner Volksbank offers Fixed rate.
Our verdict on each
Berliner Volksbank
Berliner Volksbank is a cooperative bank for savers in Germany who want daily access to a fixed-rate overnight deposit with no minimum balance and no monthly fee. The interest is set at 3.25%, the balance sits under EU DGS up to EUR 100,000, and the account runs as an easy-access product.
Evocabank
Evocabank is an Armenian bank aimed at expats and business, charging a monthly fee of AMD 0 on the current account and 0.3% on card conversion. It suits people living or working in Armenia who want several currencies in a single account, free ATM withdrawals and fixed deposit rates of 4.5% to 10.5%.
Score breakdown
| Area | Berliner Volksbank | Evocabank |
|---|---|---|
| Cost | 9.3HigherMonthly fee of €0 and a minimum deposit of €0 keep the cost side light. | 9.2A current account at AMD 0 a month and card conversion at 0.3%, against a group median of 0.22%. |
| Offer | 8.8Fixed rate of 3.25% on an easy-access account, with EU DGS up to EUR 100,000 covering the balance. | 9.6HigherFixed deposits of 4.5% to 10.5% over 1 to 36, a service aimed at expats and business, backed by a bank licence. |
| Trust | 9.8Higher | 9.4 |
Positions in our rankings
| Ranking | Berliner Volksbank | Evocabank |
|---|---|---|
| Savings accounts | 83 of 1420 | 90 of 1420 |
| Fixed-rate bonds and CDs | 18 of 188 | 19 of 188 |
Where these facts come from
Berliner Volksbank
- berliner-volksbank.de: 11 facts, checked September 26, 2026
- bafin.de: 1 fact, checked September 26, 2026
Evocabank
- evoca.am: 12 facts, checked September 26, 2026
Every fact side by side
| Fact | Berliner Volksbank | Evocabank |
|---|---|---|
| Pricing model | No monthly fee, Fixed rateCovers more | No monthly fee |
| Legal entity | Berliner Volksbank eG | Evocabank OJSC |
| Headquarters | Germany | Armenia |
| Founded | 1946Lower | 1990 |
| Support channels | Email, Phone | Email, Phone, Chat, Help centreCovers more |
Everyday accounts
| Fact | Berliner Volksbank | Evocabank |
|---|---|---|
| Currency conversion fee | Not confirmed | 0.3% |
| Currencies | Not confirmed | 12 |
| Audience | Not confirmed | Expats, Business |
| Features | Not confirmed | Free ATM |
| Free ATM withdrawals | Not confirmed | AMD 1,000,000 |
| Transfer fee | Not confirmed | Intrabank 0; domestic interbank AMD 200 at branch and 0 via EvocaTouch app, USD/EUR 0.1% (min AMD 3,000, max AMD 10,000); SWIFT 0.15% (min AMD 7,000, max AMD 70,000, higher for Russia/Belarus) |
Money transfer
| Fact | Berliner Volksbank | Evocabank |
|---|---|---|
| Delivery time | Not confirmed | 1-3 banking days for international transfers; 1 banking day for AMD transfers within Armenia |
| Payout methods | Not confirmed | Bank, Card, Cash pickup |
| Fee to send 1,000 | Not confirmed | AMD 7,000 |
Where each stands against the rest
| Fact | Berliner Volksbank | Evocabank | Median |
|---|---|---|---|
| Headline rate | 3.25%at the median | 4.5% to 10.5%highest quarter | 3.25% |
| Term | Not confirmed | 1 to 36 monthsabove the median | 24 |
Median across 658 listed accounts.
Pros and cons
Berliner Volksbank
Pros
- Fixed interest of 3.25% on the overnight deposit, so the return does not move with the market
- Monthly fee of €0 and a minimum deposit of €0, so the account is free to open and keep
- Daily deposits and withdrawals with the balance available daily on an easy-access account
Cons
- Only one account per customer, and payment traffic runs only via the registered reference checking account
- Chat and a help centre are not among its support channels (email and phone), which cover email and phone
- The fixed rate of 3.25% places the bank at 223 of 473 on headline rate
Evocabank
Pros
- A current account covering 12 currencies
- Free ATM withdrawals to an allowance of AMD 1,000,000
- Payouts by bank, card and cash pickup
Cons
- Fixed deposits ask for AMD 100,000 to start, and early termination recalculates the interest
- SWIFT transfers take a percentage of the amount with a minimum of AMD 7,000, and more for payments to Russia and Belarus
- Deposits are fixed over 1 to 36, so the money is not available on demand
Who each suits
Berliner Volksbank
Who it suits
- Savers in Germany who want the balance reachable on any day
- Customers already holding a current account at the bank
- Anyone who does not want a minimum balance tied up
Who should look elsewhere
- AXI Card Tarjeta y Credito, whose headline rate of 21.59% sits far above 3.25% for savers chasing the highest yield
- Plazo ES, which quotes 24.19% and suits people willing to lock a card balance rather than rely on a fixed overnight rate
- Customers who need several accounts per person, since the bank allows one
Evocabank
Who it suits
- Expats who live in Armenia and want a single account across 12 currencies
- Businesses holding AMD and foreign currency balances, with intrabank transfers free and payouts by bank, card and cash pickup
- Savers who can leave AMD 100,000 in place for the full term without an early exit
Who should look elsewhere
- Plazo ES, with a monthly fee of €0, sits outside Armenia; a reader who needs an AMD deposit from AMD 100,000 under a Central Bank of Armenia licence has more here
- Skrill, at a monthly fee of €0, suits readers who only move money and have no use for the AMD 100,000 minimum and 1 to 36 term
Current offers
Berliner Volksbank
Current offer
Bonus
Tagesgeld Aktionszins for new customers: 3.25 % p.a. on up to EUR 50,000.00 until 5 January 2027
New customers only (no holder or co-holder of a Girokonto, Tagesgeld, Festgeld, Depot or other active product in the last 12 months); adults resident in Germany; opening online from 03.09.2026 only, no branch or phone opening; voluntary contact permission required; max EUR 50,000.00, amounts above that at the standard rate of currently 0.75 % p.a.; interest paid quarterly; bank may end or adjust the promo rate for future accounts
Source, checked September 26, 2026
Bonus
200 Euro Neukundenbonus for the free Girokonto under 30: 200 EUR
Free account management for all customers under 30 with no minimum deposits; includes Gold credit card and girocard, travel insurance package and up to 10 % travel bonus on travel bookings
Source, checked September 26, 2026
Evocabank
Current offer
Bonus
Trendy Clothing from Rien-a-Porter, 15% Cashback from Evoca: up to 15% cashback
Pay with Evoca cards at the Rien-a-Porter store-boutique or rien-a-porter.com from September 21 to October 21; 10% cashback with all Evoca cards, 15% with Evoca Visa Infinite; maximum 20,000 AMD per card
Source, checked September 26, 2026
Country by country
| Country | Berliner Volksbank | Evocabank |
|---|---|---|
| Armenia | No | Yes |
| Germany | Yes | No |
Questions about each
Berliner Volksbank
What rate does the overnight deposit pay?+
The account pays a fixed rate of 3.25%. Rate type is fixed, so the figure is not moved with the wider money market the way a variable rate can be. That suits savers who want to know what the account earns.
Is there a minimum balance to open the account?+
There is no minimum balance to meet. The minimum deposit is €0, so the account opens at any funding level. Ranked on minimum deposit, the brand places 1 of 370 on the table.
Evocabank
What does the Evocabank current account cost to keep?+
The monthly fee is AMD 0 and the account model is no monthly fee, so nothing is deducted for holding it. Card withdrawals are free to an allowance of AMD 1,000,000. The site median monthly fee is €0, so a no-charge account is the common band here.
What does it cost to convert currency on a card?+
The card conversion fee is 0.3%. Card payments made outside Armenia convert at that rate, while SWIFT bank transfers take a percentage of the amount with a minimum of AMD 7,000 and more for payments to Russia and Belarus. Intrabank transfers are free.
Other options to compare
Related by the facts
Berliner Volksbank
Evocabank