Renault Bank direkt recognized as Best online bank in Germany in 2020

17 June 2020

Savings: Renault Bank direkt recognized as best online bank by BankingCheck award 2020 in Germany

Renault Bank direkt in Germany ranks first in the general rating by BankingCheck Award 2020, among 310 financial institutions. Since 2013, our savings subsidiary in Germany belonged to the top 3 of this rating as it received many highly positive customer reviews on the BankingCheck platform.

Thanks to the excellent customer feedback, “Renault Bank direkt” reached 1st position as „Beste Direktbank» 2020” – best online bank – as it totaled 4.7 out of 5.0 possible points with 1 249 customers reviews. Over 300 providers were rated for the general ranking.

Renault Bank direkt also maintains its leading position for its savings products:

  • 1st place - “Bestes Tagesgeld 2020” – best sight deposit 2020 (4.5 out of 5.0 possible points), among 147 competing products
  • 1st place – “Bestes Festgeld 2020” – best term deposit 2020 (4.6 out of 5.0 possible points), among 229 competing products

From January to April 2020, almost 130,000 customers shared their experience by rating financial products out of fourteen different product categories. BankingCheck Awards are granted through rankings solely based on customer reviews, which makes this recognition highly valuable and well-known, thanks to its online voting portal for customers in Germany for financial products.

The savings business was created in Germany in February 2013. Today, Renault Bank direkt has more than 350,000 customers in Germany and accounts for more than €12 Bn deposits.