Updated October 17, 2026 · VaultCue Editorial Team
DKB (Deutsche Kreditbank) vs Novo
DKB (Deutsche Kreditbank)
Higher score in this comparison
Novo
DKB (Deutsche Kreditbank) vs Novo: the differences
| Compare | DKB (Deutsche Kreditbank)ReviewVisitVisit | NovoReviewVisitVisit |
|---|---|---|
| Monthly fee | €0 to €4.50 | $0 |
| Deposit protection | EU DGS up to EUR 100,000 | FDIC up to USD 250,000 |
| Local account details | IBAN | Us ACH |
| Free ATM withdrawals | €0 | $7 |
| Currency conversion fee | 0% to 2.2% | Not confirmed |
| Transfer fee | Not confirmed | Standard ACH $0; Express ACH and outgoing wire provider fees shown before sending |
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Key differences
- Local account details: only DKB (Deutsche Kreditbank) offers IBAN.
- Local account details: only Novo offers Us ACH.
- Support channels: only Novo offers Chat.
- Audience: only DKB (Deutsche Kreditbank) offers Student, Teen.
- Audience: only Novo offers Business, Freelancer.
- Pricing model: only DKB (Deutsche Kreditbank) offers Low FX.
- Features: only DKB (Deutsche Kreditbank) offers Joint account, Digital only.
Our verdict on each
DKB (Deutsche Kreditbank)
DKB suits students, teens and anyone banking mainly in Germany, with a euro current account, free cash withdrawals and instant euro transfers. Monthly fees run €0 to €4.50, deposits sit under EU DGS up to EUR 100,000, and support is limited to email and help centre.
Novo
Novo is a US business-banking fintech. It sends a physical debit card to the primary owner when the account is opened, and a virtual card can be activated after approval.
Score breakdown
| Area | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Cost | 9.4HigherThe free end of €0 to €4.50, free cash withdrawals at €0 and card conversion at 0% to 2.2% keep running costs low. | 9.3Monthly fee $0, minimum deposit $0 and transfer fee $0 on the business checking account. |
| Offer | 8.7Extras cover free atm, joint account and digital only and support runs on email and help centre. | 9.1Higher |
| Trust | 9.4 | Not confirmed |
Licences and countries
| Country | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Germany | Not confirmed | |
| United States | Not confirmed |
Additional countries for DKB (Deutsche Kreditbank): 1. Additional countries for Novo: 1.
Positions in our rankings
| Ranking | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Savings accounts | 4 of 1420 | 20 of 1420 |
| Money transfer services | 2 of 1564 | 10 of 1564 |
Where these facts come from
DKB (Deutsche Kreditbank)
- dkb.de: 11 facts, checked September 26, 2026
- ecb.europa.eu: 1 fact, checked September 26, 2026
Novo
- novo.co: 11 facts, checked September 26, 2026
Every fact side by side
| Fact | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Audience | Student, Teen | Business, Freelancer |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Free ATM, Joint account, Digital onlyCovers more | Free ATM |
| Legal entity | Deutsche Kreditbank Aktiengesellschaft | Novo Platform Inc. |
| Headquarters | Germany | United States |
| Founded | 1990 | Not confirmed |
| Support channels | Email, Help centre | Chat, Email, Help centreCovers more |
Savings
| Fact | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Minimum deposit | Not confirmed | $0 |
| Access terms | Not confirmed | On-demand access, no minimum balance requirement |
| Account kind | Not confirmed | Cash management |
Money transfer
| Fact | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Exchange rate markup | 2.2% | Not confirmed |
| Delivery time | 10 seconds (SEPA instant transfer) | Same-day with Express ACH; FedNow transfers in seconds |
| Payout methods | Bank | Bank |
| Fee to send 1,000 | Not confirmed | $0 |
Where each stands against the rest
| Fact | DKB (Deutsche Kreditbank) | Novo | Median |
|---|---|---|---|
| Currency conversion fee | 0% to 2.2%below the median | Not confirmed | 0.5 |
Median across 377 listed accounts.
Pros and cons
DKB (Deutsche Kreditbank)
Pros
- Cash withdrawals cost €0 and monthly fees run €0 to €4.50.
- Debit card conversion runs 0% to 2.2% and the exchange rate margin on cash is 2.2%.
- Deposits sit under EU DGS up to EUR 100,000, and the bank is supervised in Germany by the Europäische Zentralbank and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
Cons
- Support runs on email and help centre only, so there is no phone line or live chat for questions.
- A digital only setup sits in free atm, joint account and digital only, so anyone who prefers in person service will not find it here.
- Abroad spending is not free across the board: 0% to 2.2% on the card and 2.2% on cash conversions apply.
Novo
Pros
- Both physical and virtual card access are described.
Cons
- Virtual-card activation follows account approval.
Who each suits
DKB (Deutsche Kreditbank)
Who it suits
- Students and teens in Germany, who are the listed audience for the account (student and teen).
- Euro spenders who want card conversion at 0% to 2.2% and cash withdrawals at €0.
- Anyone comfortable with a digital only setup and support on email and help centre.
Who should look elsewhere
- Readers who need to speak to someone: support runs on email and help centre, so bunq or bunq Spain may suit better.
- Anyone after a French euro account: Pixpay FR lists €3.99 a month, while DKB sits in Germany (DE).
Novo
Who it suits
- US business owners who want physical and virtual debit-card access through Novo.
Who should look elsewhere
- Applicants expecting virtual-card activation before account approval.
Current offers
DKB (Deutsche Kreditbank)
Current offer
Bonus
Visa Kreditkarte: 30 € Bonus Aktion: 30 EUR
Apply for the Visa Kreditkarte; action runs until 31.12.2026
Source, checked September 26, 2026
Novo
Current offer
Bonus
Novo cashback on eligible purchases: 1% cashback with a Novo checking account balance under $5,000; 2% with a balance of $5,000 or more
Requires a Novo checking account; rate depends on account balance; eligibility subject to final Novo determination
Source, checked September 26, 2026
Country by country
| Country | DKB (Deutsche Kreditbank) | Novo |
|---|---|---|
| Germany | Yes | No |
| United States | No | Yes |
Questions about each
DKB (Deutsche Kreditbank)
What does DKB cost to hold each month?+
Monthly fees run €0 to €4.50, so the charge depends on the account you pick. Cash withdrawals are €0, which keeps everyday spending off the bill. Card conversion runs 0% to 2.2% and the exchange rate margin on cash is 2.2%.
Is my money protected if the bank fails?+
Deposits sit under EU DGS up to EUR 100,000, so balances are covered by the EU deposit guarantee scheme. The provider is Deutsche Kreditbank Aktiengesellschaft, a German bank supervised in Germany by the Europäische Zentralbank and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
Novo
Which tools can connect with the banking setup?+
Accounting, payments and payroll tools can be connected so that information stays in step across the business. A change made in one place carries through to the others without retyping. Owners who already use established bookkeeping routines can keep those habits in place while adding more reach.
Can a business grow without changing banks?+
The platform is designed to handle more volume as a company grows, so owners can plan ahead without adding extra busywork. Its features are meant to scale with the operation rather than forcing a move to a larger bank. Keeping the same banking setup while the business expands can make transitions smoother for owners and the people they work with.