Sparkasse Bielefeld products, services and reviews

About Sparkasse Bielefeld

Sparkasse Bielefeld is a public-law savings bank based in Bielefeld, North Rhine-Westphalia, operating within the Sparkassen-Finanzgruppe and subject to prudential supervision by BaFin and the Deutsche Bundesbank. It provides retail and business banking focused on the Bielefeld region, including current accounts (Girokonten) with tiered pricing models, savings products, consumer loans, mortgages, and corporate financing. Payments and cash management services cover SEPA transfers, standing orders, direct debits, and, where available, SEPA Instant Credit Transfers; card solutions include a Sparkassen-Card (girocard) with contactless capability and optional credit or debit cards from international schemes. Digital banking is available via online banking and the Sparkasse mobile app with PSD2-compliant strong customer authentication (e.g., pushTAN or chipTAN), plus features such as account overview, transfers, card controls, and notifications; Apple Pay and Google Pay are generally supported depending on card type. Securities and investments can be accessed through the Sparkassen brokerage environment and funds from DekaBank, while insurance is distributed via partners in the Sparkassen-Finanzgruppe (in NRW typically Provinzial). Business clients can obtain merchant services, POS terminals, liquidity solutions, and access to group partners for leasing and factoring. Cash services are provided across a regional branch and self-service network and via the nationwide Sparkassen ATM infrastructure. Deposits are protected by the institutional protection scheme of the Sparkassen-Finanzgruppe, which is recognized as a statutory deposit guarantee scheme in Germany, providing coverage up to 100,000 EUR per depositor; the institutional scheme also aims to prevent insolvency within the group. Accounts can generally be opened online or in branch subject to identification requirements and residency criteria. Pricing, interest rates, overdraft terms, and fees for services such as instant transfers, paper statements, and cash usage are published in the bank’s price and service list and may change.