Apple Pay Support Goes Live for Germany's Sparkasse Debit Girocard

lets see:

[LIST=1]
* Annual (or monthly) account fees (stupid)
* Transaction fees for contactless payments
* It costs like 5 bucks to withdraw money from a Sparkassen ATM with a Sparkassen CREDIT CARD while you can use any other direct bank credit card free of charge
* With some Sparkassen you have to pay for each additional "Banküberweisung" (money transfer) even though you already pay that damn fee mentioned in #1
* Horrible App
* You cannot deposit money to different Sparkassen because for some reason they are not all connected so what I basically had to do was ask my money to put money on my bank account and then hand her the money in cash next time I saw her since I no longer lived in the city my Sparkassen Account was made with
* There is probably more I cannot think of right now and it might depend on each "Sparkasse" individually. Which already points out another problem. Each Sparkasse doing its own thing over all

The Sparkasse is a cooperative bank - to be more explicit - it's a "Körperschaft Öffentlichen Rechts".
That means:
- they were not allowed to make any profit
- they are also not allowed to make money at several financial markets
- they have a social responsibility and support many local projects
- they have collective wage agreements for their employees


That's all for the good of our entire society.
I'm happy to pay some small fees, for not being a part of an anti social system.

Ask yourself, how other banks pay their bills, if they don't call for fees.

too little too late, already cancelled and went to a direct bank instead. All their fees for nothing are ridiculous anyway. Some Sparkassen even added a "transaction fee" for contactless payments now.

Apple Pay in Germany is useless as long as you cannot pay by card anyway at most shops and even restaurants. "Deutsche Gründlichtkeit", but not for digitization.

I'd say I pay about 90% of the time with apple pay in Germany. Shops, Restaurants, Taxi... can think of just one store where it does not work and this is because it does not accept visa. Which won't be an issue with the giro card anymore.

lol no it isn't.

Banks and their stupid "security" measures…

lets see:

[LIST=1]
* Annual (or monthly) account fees (stupid)
* Transaction fees for contactless payments
* It costs like 5 bucks to withdraw money from a Sparkassen ATM with a Sparkassen CREDIT CARD while you can use any other direct bank credit card free of charge
* With some Sparkassen you have to pay for each additional "Banküberweisung" (money transfer) even though you already pay that damn fee mentioned in #1
* Horrible App
* You cannot deposit money to different Sparkassen because for some reason they are not all connected so what I basically had to do was ask my money to put money on my bank account and then hand her the money in cash next time I saw her since I no longer lived in the city my Sparkassen Account was made with
* There is probably more I cannot think of right now and it might depend on each "Sparkasse" individually. Which already points out another problem. Each Sparkasse doing its own thing over all

Sorry but I cannot confirm your experience.

1. account fees are not stupid, they are the logical consequence of the cost-structure of hundreds of bank branches nationwide and an low-interest environment. if you have no need for a bank branch, that's fine for you. but I hate callcenters and robocall advisors. its the worst.

2. there are no transaction fees for contactless payment? I pay twice a day with my contactless v-pay debit card at the supermarket

3. lol

4. never had to pay any additional fee for a money transfer

5. the app is not horrible? its not so sleek as the app from n26 but I never had any problem with my sparkassen app. the integration of my debit card into apple pay was flawless

6. maybe the sparkassen at more rural regions in Germany are as bad as you describe it. never had such problems