RAIFFEISEN Spar + Kreditbank eG products, services and reviews

About RAIFFEISEN Spar + Kreditbank eG

RAIFFEISEN Spar + Kreditbank eG is a German cooperative bank (eingetragene Genossenschaft) operating under the regional principle and belonging to the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It offers standard retail and small-business banking services, including current accounts, savings products (e.g., instant access and term deposits), consumer loans and overdrafts, mortgage and construction financing, and business lending and payments. Investment and insurance products are typically provided via group partners such as Union Investment, DZ BANK/DZ PRIVATBANK, R+V Versicherung, and Bausparkasse Schwäbisch Hall. Customers can use online banking via web and the VR Banking app with PSD2-compliant strong customer authentication (e.g., SecureGo plus or chipTAN), support for contactless payments and 3‑D Secure, and Apple Pay or Google Pay where available depending on the card product. Cards commonly include a girocard for domestic use and Visa-branded debit or credit cards for international transactions. Cash access is available through the cooperative banks’ shared ATM network (BankCard ServiceNetz). Deposits are protected by the institutional protection scheme of the National Association of German Cooperative Banks (BVR), which includes BVR Institutssicherung GmbH as the officially recognized deposit guarantee scheme up to 100,000 EUR per depositor, in addition to the group’s broader institutional support. Account, card, transfer, and cash withdrawal fees, as well as interest rates (including overdraft rates), are set by the bank and published in its schedule of prices and services; conditions can vary by account model and customer profile. Account opening generally requires identification (e.g., VideoIdent or PostIdent) and credit checks for lending products, and services are primarily provided in German. The bank is subject to supervision by BaFin and the Deutsche Bundesbank and to applicable EU and national consumer and data protection rules.