Best Free Blocked Account in Germany with High Interest for International Students (2025)

Studying in Germany is one of the most popular choices for international students in 2025. Affordable tuition, world-class universities, and global career opportunities attract thousands of students every year. But before you can enter Germany, one critical financial requirement stands between you and your visa: the blocked account (Sperrkonto).

A blocked account is a special type of bank account that international students must open before moving to Germany. It proves to the German government that you have enough money to cover your living expenses during your studies. As of 2025, the required minimum amount is €11,208 per year (about €934 per month).

While most blocked accounts only serve as proof of funds, some banks now offer blocked accounts with high interest rates, meaning students can earn money on their deposits while meeting visa requirements. For students, this is a financial game-changer.

This guide will explain everything you need to know about:

• Why blocked accounts are required for student visas in Germany

• Benefits of choosing a free blocked account with high interest

• Eligibility criteria for international students

• Step-by-step process to open a blocked account online

• Comparison of top banks offering blocked accounts in Germany

• Fees, costs, and hidden charges explained

• Best options for earning interest on blocked deposits

• Tips to maximize your blocked account benefits

• Common mistakes to avoid when opening a blocked account

• A full FAQ section addressing student concerns

By the end, you will know exactly which bank provides the best free blocked account with high interest for international students in Germany in 2025.

Why Blocked Accounts Are Required for Germany Student Visas

1. Proof of Financial Stability

German authorities require blocked accounts to ensure students can cover living costs without relying on illegal work or government aid.

2. Visa Approval Requirement

Without a blocked account confirmation (Sperrkontobestätigung), your visa application will not be processed.

3. Annual Living Cost Standard

The official blocked amount is set by the German Federal Foreign Office and updated yearly. For 2025, it is €11,208.

4. Monthly Withdrawal Rule

Students cannot withdraw the full amount at once. Instead, they can access a fixed monthly allowance (about €934).

5. Legal Obligation

The blocked account is a legal requirement for most non-EU students. Exceptions apply only if you have scholarships covering full expenses.

Benefits of a Free Blocked Account with High Interest

• Zero Setup Fees for Students: Some banks waive account opening fees.

• Earn Interest on Deposits: Instead of leaving money idle, students earn annual interest.

• Supports Visa Approval: Provides the required financial proof for German embassies.

• Secure Deposits: Covered by German deposit insurance up to €100,000.

• Flexibility: Monthly disbursements support easy budgeting.

• English-Friendly Banking: Many banks now offer full English online applications.

• Integration with Savings/Current Accounts: Some providers allow you to link your blocked account with a student checking account.

Eligibility for Opening a Blocked Account in Germany

International students must meet the following conditions:

1. Admission to a German University: A valid admission or conditional admission letter.

2. Non-EU Citizenship: Students from outside the EU/EEA are typically required to open a blocked account.

3. Minimum Deposit Requirement: €11,208 for one year of living expenses.

4. Valid Passport: Identity verification is mandatory.

5. Proof of Residence (if applying inside Germany): Anmeldung certificate may be required.

Top Banks in Germany Offering Free Blocked Accounts with High Interest

1. Deutsche Bank Blocked Account

• The most recognized option for visa purposes.

• Free for students under 30 with certain packages.

• Interest up to 2% annually on blocked funds.

• Full embassy acceptance worldwide.

• Additional current account available.

2. Fintiba Blocked Account (Partnered with Sutor Bank)

• 100% online application process.

• Instant confirmation letter for visa application.

• Monthly allowance transferred automatically.

• Interest rates up to 2.5% annually on blocked funds.

• Dedicated mobile app in English.

3. Expatrio Blocked Account (Partnered with Solarisbank)

• Highly recommended for international students.

• Setup fee waived for students under specific promotions.

• Earns 2%–3% annual interest depending on the package.

• Combines blocked account + health insurance in one package.

• Fastest visa confirmation in under 24 hours.

4. Coracle Blocked Account

• Free account setup for students.

• Interest up to 2.5% annually.

• English-based support team specialized in international students.

• Acceptance guaranteed for German embassies.

5. N26 with Partnered Blocked Account Providers

• While N26 itself does not provide blocked accounts, it partners with services like Fintiba.

• Students can link their N26 current account for easy fund transfers.

• Additional savings features with 3%+ interest on linked savings spaces.

6. Sparkasse Blocked Account (Regional)

• Available through selected branches.

• Provides interest-bearing options between 1.5%–2% annually.

• Best for students already living in Germany.

• In-person application required.

Step-by-Step Guide: How to Open a Blocked Account in Germany

Step 1: Choose a Provider

Compare banks offering free blocked accounts with high interest.

Step 2: Apply Online or In-Person

• Digital providers like Fintiba and Expatrio allow 100% online setup.

• Traditional banks like Deutsche Bank may require a branch visit.

Step 3: Submit Documents

• Passport

• Admission letter

• Application form

• Proof of residence (if inside Germany)

Step 4: Deposit Required Funds

• Transfer the minimum €11,208 to your new blocked account.

• Bank confirms receipt of funds.

Step 5: Receive Confirmation Letter

• The Sperrkontobestätigung is emailed or mailed to you.

• Submit this letter with your visa application.

Step 6: Monthly Disbursements Begin

• After arrival in Germany, your blocked account will release €934 per month to your current account.

Costs, Fees, and Hidden Charges

Even though some accounts are marketed as “free,” students should check carefully:

• Setup Fees: Some providers charge €49–€150.

• Monthly Fees: Certain accounts deduct €5–€10 monthly from the blocked funds.

• Transfer Fees: International deposits may include bank transfer costs.

• Early Withdrawal Restrictions: Funds cannot be accessed before visa expiry without embassy approval.

Strategies to Maximize Interest on Blocked Accounts

1. Choose High-Interest Providers: Digital platforms like Expatrio and Fintiba often give higher rates.

2. Deposit Early: The earlier you deposit, the sooner your money earns interest.

3. Combine with Savings Accounts: Link your blocked account to a free student savings account for additional interest.

4. Avoid Unnecessary Withdrawals: Stick to the monthly allowance system.

5. Leverage Student Packages: Some providers bundle blocked accounts with insurance, saving costs overall.

Common Mistakes International Students Make

• Choosing non-embassy-recognized providers.

• Paying high setup fees without checking free options.

• Delaying deposits and missing visa deadlines.

• Not comparing interest rates and losing potential earnings.

• Forgetting to open a current account for monthly disbursements.

Comparison Table – Best Free Blocked Accounts in Germany (2025)

FAQs – Blocked Accounts for International Students in Germany

1. What is the minimum blocked account amount in Germany for 2025?
The minimum required is €11,208 per year (€934 per month).

2. Which blocked account is best for visa approval?
Deutsche Bank, Fintiba, and Expatrio are the most widely recognized by German embassies.

3. Can I earn interest on my blocked account?
Yes, some providers now offer 2%–3% annual interest.

4. How long does it take to open a blocked account?
Digital providers can set it up in 1–3 days. Traditional banks may take weeks.

5. Can I withdraw more than the monthly limit?
No, unless you have embassy approval or your blocked period ends.

6. Do I need a blocked account if I have a scholarship?
No, full scholarship holders may be exempt.

7. Are blocked accounts free?
Some providers waive fees, but most charge small monthly fees.

8. Can I open a blocked account inside Germany?
Yes, but most students prefer to set it up before applying for a visa.

9. Are deposits safe?
Yes, German banks insure deposits up to €100,000.

10. Can I open multiple blocked accounts?
Not recommended. One account is enough to fulfill visa requirements.

Conclusion: Secure Your Visa and Grow Your Savings

Opening a free blocked account with high interest is not just about meeting German visa requirements — it’s about making the smartest financial choice as a student in 2025.

• If you want global recognition → Deutsche Bank is your safest choice.

• If you want fast approval and interest → Fintiba or Expatrio are best.

• If you want student-focused service → Coracle provides dedicated support.

• If you want local service → Sparkasse is ideal for students in smaller cities.

By choosing wisely, international students can meet legal visa obligations and earn extra income from interest. This means starting life in Germany not just with security, but also with financial confidence.