Sparda-Bank Berlin eG products, services and reviews

About Sparda-Bank Berlin eG

Sparda-Bank Berlin eG is a regional cooperative bank focused on retail customers in and around Berlin, operating within the German Cooperative Financial Network. It offers standard banking products including current accounts, savings and term deposits, construction financing, consumer loans, overdraft facilities, payment cards, and securities and insurance services via network partners. Accounts are supported by online and mobile banking with strong customer authentication; the app typically covers transfers, standing orders, transaction overviews, and card controls, while card payments include contactless functionality and, depending on the card setup, compatibility with common mobile wallets. As a cooperative, customers can acquire membership shares subject to the bank’s terms; potential dividends are not guaranteed and share subscription, limits, and redemption rules apply. Account opening is generally aligned with the bank’s defined regional market and standard identification requirements. Pricing is structured by account model, with possible monthly maintenance charges and fees for cards, cash services, and out-of-network withdrawals; detailed conditions are available in the bank’s price list and may change. Cash access is provided through the bank’s own infrastructure and partner ATM networks, while deposits in cash are limited to designated branches or machines. Sparda-Bank Berlin is supervised by BaFin and the Deutsche Bundesbank; deposits are protected within the institutional protection scheme of the BVR (which aims to prevent insolvency within the network) and additionally subject to the statutory deposit guarantee up to 100,000 euros per depositor under German law. Customers should review regional availability, current fees, card options, and partner services to ensure the offering aligns with their usage patterns and service expectations.