Consorsbank products, services and reviews

About Consorsbank

Consorsbank is an online bank and broker operating in Germany under the brand of BNP Paribas S.A. Niederlassung Deutschland, offering a combination of retail banking and securities services aimed at digitally oriented customers. The product set covers a current account with a Visa card (debit by default; a credit card is optional), SEPA transfers, Apple Pay and Google Pay, overdraft facilities, a linked savings account, and a securities depot with access to German and international exchanges, derivatives from partner issuers, and automated savings plans for ETFs, funds, and stocks. Brokerage pricing follows a standard market model with an order commission that combines a base fee and a percentage component subject to minimums and caps, custody is typically free, and ETF or fund savings plans may carry percentage execution fees unless covered by provider promotions; the bank regularly runs time-limited pricing campaigns for new clients or specific products. Account management and card use are largely app- and web-based with two-factor authentication via a TAN app; support is provided by phone, secure messaging, and chat during published service hours. Cash withdrawals are available at ATMs bearing the Visa mark, with conditions that can include minimum withdrawal amounts, limits on the number of free transactions, and fees for foreign currency use; cash deposits are restricted and may incur fees or require designated partners. The bank supports standard PSD2 security, video identification for onboarding, single and joint accounts, and securities transfers in and out; tax reporting for German residents and automatic withholding on domestic investment income are integrated. Deposits are protected up to 100,000 EUR per person under the French deposit guarantee scheme (FGDR) due to the institution’s branch status; investor-compensation coverage follows the French framework. Pricing, interest rates on savings, and promotional terms change periodically and depend on product selection and usage.