Live offers across tracked providers in Austria — updated daily from the Giraffy database.
19 live offers compared from 19 providers, from €1.90 /Monat. Updated daily.
€1.90 /Monat
Bank99 – betrieben über 1.800 Postfilialen. Günstigstes Filialkonto in Österreich.
Price on request
Digitales Girokonto der Erste Bank mit der George App.
Price on request
Vollständig digitales Konto von easybank (BAWAG Group) – kostenlose Visa-Debitkarte, keine monatliche Gebühr.
Price on request
Online-Girokonto von ING Österreich – keine monatliche Gebühr, VISA Debit inklusive.
Price on request
Genossenschaftliches Girokonto der Volksbank Austria.
Price on request
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Girokonto von Raiffeisen Austria – stark in ländlichen Regionen.
Price on request
Price on request
Kostenloses mobiles Bankkonto ab N26. Keine monatliche Gebühr, Mastercard inklusive.
Price on request
Alltägliche Bankgeschäfte mit BAWAG P.S.K. und einem Netzwerk von über 1.300 Filialen und Geldautomaten.
A bank account in Austria usually means a current account (Girokonto) for everyday income, bills and card payments, typically bundled with a Bankomat (debit) card and online and mobile banking. The domestic Bankomat network and instant SEPA transfers make day-to-day banking straightforward, and accounts range from full-service branch products to fee-free digital offerings.
Traditional universal banks, cooperative Raiffeisen and Volksbanken, direct banks and app-based challengers all compete for current-account customers. Branch banks bundle advice and cash services, often with a monthly fee, while direct and digital banks compete on low or zero fees and strong apps. Since a Payment Accounts Act reform, everyone has a right to a basic account (Basiskonto), and switching between banks is supported by an assisted account-switch service. Many Austrians still value a nearby branch and cash access, which keeps the traditional and cooperative banks strong, but younger customers increasingly open fully digital accounts opened by video identification in minutes. Salary and pension payments, standing orders (Daueraufträge) and SEPA direct debits for utilities all run through the Girokonto, so a smooth switch service that migrates these automatically removes much of the friction of changing bank.
Everyday convenience — debit card, SEPA transfers and eBanking for salary, bills and shopping.
Fee-free options — direct and digital banks offer accounts with no monthly charge.
Right to an account — the statutory Basiskonto ensures access to basic banking for all residents.
Easy switching — an assisted switch service moves standing orders and direct debits.
Weigh whether you value branch access and in-person advice or prefer a low-cost digital account. Compare the monthly fee against included services, ATM-withdrawal terms, card fees and any conditions (such as minimum salary deposit) that waive charges. Check foreign-currency and travel spending costs if relevant, and confirm the quality of the mobile app. Light users can favour fee-free digital accounts; those needing cash and advice may prefer a branch bank. Check how you can deposit cash if you receive any, whether contactless and mobile-wallet payments and instant SEPA transfers are supported, and how the bank handles support when something goes wrong, since a purely digital account can be excellent day to day but frustrating if you cannot reach a person during a payment problem.
Erste Bank and the Sparkassen, Volksbank and regional BKS Bank offer full-service accounts, while direct and digital providers such as easybank, bank99, ING Austria, DKB and Bunq compete on low fees and app quality. Choice depends on whether you prioritise branch access, cash handling and advice or the lowest fees and best digital experience.
Monthly current-account fees range from €0 on fee-free digital accounts to around €1.90 and upward per month on entry packages, with full-service branch accounts costing more. Fees may be waived on conditions like a minimum monthly salary deposit. Watch for card fees, ATM charges outside a bank's network and foreign-currency costs.
Banks are supervised by the FMA and the Oesterreichische Nationalbank, and deposits are protected by the statutory deposit guarantee scheme up to €100,000 per depositor per bank. Payment services follow PSD2, giving strong customer authentication and open-banking access. The right to a basic account and assisted switching are enshrined in law, and account terms fall under consumer-protection rules.
Can I get an account if I have poor credit? Yes, the statutory Basiskonto guarantees basic access. Are digital accounts safe? Yes, licensed banks carry the same €100,000 deposit protection. How do I switch banks? An assisted switch service transfers your payments. How do I avoid fees? Choose a fee-free account or meet conditions like a minimum salary deposit.
The cheapest Bank Accounts in Austria is €1.90 /month from Bank 99 AT.
Typical requirements are a government-issued photo ID (passport or national ID card) and proof of address (utility bill or bank statement dated within 3 months). Some banks in Austria also require a proof of income or an employment letter. Digital-only banks often verify identity entirely via an app — no branch visit needed.
Many banks in Austria now offer fully digital account opening via their app or website, completed in minutes. You'll upload your ID documents and in some cases do a short video verification. Traditional high-street banks may still require an in-person appointment for certain account types.
Yes — the Austrian deposit guarantee protects up to €100,000 per person, per bank. Check that your chosen bank is FMA-regulated before depositing. If you hold more than the limit, spread balances across separate banking licences to keep everything covered.
A current account is for everyday spending — it comes with a debit card, direct debits, and a local bank identifier (sort code, IBAN, or BSB depending on your market). A savings account is designed to hold money you don't need immediately and usually pays a higher interest rate, but may limit the number of monthly withdrawals.
Challenger banks are digital-first institutions — examples include Monzo, Revolut, and N26 across Europe, Chime and SoFi in the US, and neobanks like STC Pay in the Gulf. They're generally safe — most are FMA-regulated and offer the same deposit protection as traditional banks — but check the specific licence before depositing large sums.
Digital accounts typically open within 10–30 minutes once your identity is verified. Traditional bank accounts may take 1–5 working days after in-branch verification. International or business accounts sometimes take longer due to enhanced due diligence requirements.
Giraffy tracks 5 current account options across Bank 99 AT,Erste Bank,easybank AT,ING Austria,Volksbank AT banks in Austria. Many accounts are free; premium or packaged accounts charge a monthly fee and include benefits like travel insurance or breakdown cover. Filter by 'No Monthly Fee' to find free options.