Postbank review

The headline rate is 0.75% and the rate type is variable, so the figure can rise or fall with the base rate rather than staying fixed. On the site it ranks 394 of 473 on headline rate, and the savings median is 3.08%.

There is no monthly charge: the monthly fee is €0 and the account runs on a no monthly fee model, matching the site median of €0. Holding the balance open costs nothing, though the rate it earns is the trade-off a reader has to weigh.

The minimum deposit is €0, so an account can be opened with a small opening balance and topped up as income arrives. On entry point the account ranks 1 across the savings accounts compared, and the savings median minimum deposit is €0.17.

Yes. The access terms state that the balance is available at any time, with no notice period and no forced termination, and the account kind is easy access. That makes it a home for money you may need quickly rather than a deposit you mean to lock away for a set period.

Deposits are covered by EU DGS up to EUR 100,000, the EU deposit guarantee scheme, so balances above that ceiling would sit outside the cover. The account is a branch of Deutsche Bank AG, supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) and the Europaeische Zentralbank (EZB).

The legal entity behind the brand is Deutsche Bank AG, with Postbank operated as a branch of Deutsche Bank AG rather than a separate bank. The account is offered in Germany, and the regulator and the deposit guarantee both attach to that branch.

Support runs on email, phone and help centre, so help is available by email, by phone and through a help centre. There is no live chat channel or community forum listed for this account, so readers who prefer messaging in app may find the options here narrower than elsewhere.