Frankfurter Sparkasse products, services and reviews

About Frankfurter Sparkasse

Frankfurter Sparkasse is a regional savings bank based in Frankfurt am Main and part of the Sparkassen-Finanzgruppe, focusing on retail and SME banking in the Rhine-Main area. Its product set includes current accounts, savings and term deposits, consumer loans, mortgages, investment and custody services (including mutual funds via group partners such as DekaBank), insurance brokerage within the group, and payment solutions and cash management for businesses. Access channels comprise a local branch network, online banking and the Sparkasse app, with transaction authorisation typically via pushTAN or chipTAN. The card offering generally covers girocard and Visa/Mastercard debit and credit cards; cash withdrawals are available at Sparkassen ATMs nationwide, with fees potentially applying at third-party machines. Apple Pay and Google Pay are supported for eligible cards. The bank operates 1822direkt as its direct-bank subsidiary with separate online products and pricing. As a member of the Institutional Protection Scheme of the German Savings Banks Finance Group (recognized as a deposit guarantee scheme), deposits are protected up to 100,000 euros per depositor; the institutional protection framework is also designed to prevent insolvency within the group. The institution is supervised by BaFin and the Deutsche Bundesbank. Pricing for accounts, cards, and transactions is published in the schedule of prices and services and varies by product. Target customers include private households, freelancers, and small to mid-sized companies in its home region, with selected corporate and public-sector services offered directly or through group affiliates.