Deutsche Bank — db Conto Promo db Conto Promo Classic
A plan byDeutsche Bank — db Conto Promo · Visa
db Conto Promo is the entry account of Deutsche Bank S.p.A., the only major foreign bank still in Italian retail with its own branch network. In the Digital version the fee is free for the first 6 months, then €2/month, waived in months with incoming credits (salary, pension or transfers) of at least €750. db Card World debit card (Visa) and online SEPA transfers at €0; 24 withdrawals per year free even at other banks' ATMs. As a promotion, 3% gross per year on balances for new customers until 31/01/2027 (opening offer valid until 31/08/2026).
db Conto Promo Classic
- Price
- €2
What's included
- €0 fee for the first 6 months, then €1/month with credits ≥€750 (otherwise €2)
- Branch operations included (online transfer €0.50)
- 36 free withdrawals/year at other banks, then €0.90
Data & conditions
| Account fee | €2 |
|---|---|
| IBAN | dedicato · IT · IT |
| Deposit guarantee | EU guarantee €100,000 |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | Free |
| Card included | db Card World (Visa) inclusa, canone €0 |
| Interest on balance | 0% |
| Network | Visa |
| ATM withdrawal | Free |
| Free ATM limit | Deutsche Bank ATMs €0; other banks Italy/SEPA area: 24 withdrawals/year exempt, then €0.50 (outside SEPA €2.50) |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Italian subsidiary of Deutsche Bank AG · the only major foreign bank with a retail branch network in Italy |
| MiCA / License status | Licenza bancaria italiana (iscritta all'Albo delle Banche, capogruppo del gruppo Deutsche Bank in Italia) IT banking licence (Bank of Italy) |
Strengths
- Fee waivable with a clear condition: €0 in months with credits ≥€750 (and free anyway for the first 6 months)
- Online SEPA transfers and online standing orders at €0, SDD direct debits at €0
- Free db Card World debit card (Visa) included
- 24 withdrawals per year free at other banks' ATMs in Italy and the SEPA area (then €0.50); Deutsche Bank ATMs always €0
- Supervised bank with FITD deposit guarantee up to €100,000, Deutsche Bank AG group
- No notable sovereignty advantage documented.
Weaknesses
- Without monthly credits ≥€750 the fee reverts to €2/month (Digital) — low but not zero
- Branch operations are expensive: SEPA transfer at the branch €7.00
- Beyond 24 withdrawals/year, other banks' ATMs cost €0.50 (€2.50 outside SEPA)
- The 3% on balances is a promotion with an expiry date (31/01/2027), not a structural rate; base rate 0%
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (IT banking licence (Bank of Italy)): reporting to authorities and freezes on order.
- FATF-aligned jurisdiction: strong cooperation with authorities.
- Closed source: no way to verify what it does with wallet and data.
Verdict
db Conto Promo is among the most honest branch-retail offers: maximum fee €2/month with a waiver tied to a single transparent condition (credits ≥€750), free Visa card and online transfers, 24 free withdrawals per year even off-network, and FITD €100,000 guarantee. As a traditional bank it retains branch-era costs (€7 transfer at the counter), and the promotional 3% should be read for what it is: a time-limited hook, not structural remuneration. Verified on the fee information document dated 12/05/2026.
Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FITD guarantee and Bank of Italy supervision — strengths for protection — are exactly what distance it from the trustless model. No self-custody, no permissionless use: on the sovereignty lens it sits at the opposite pole from a self-custody wallet.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
How much does db Conto Promo cost?
In the Digital version the fee is €0 for the first 6 months, then €2/month, waived in months with credits (salary/pension or transfers) of at least €750. In the Classic version, with the same credits the fee is €1/month, otherwise €2/month. Add the €34.20/year stamp duty (not due with an average balance up to €5,000).
Are transfers and withdrawals free?
On the Digital version online SEPA transfers are €0 (€7.00 at the branch). Withdrawals at Deutsche Bank ATMs are always free; at other banks in Italy and the SEPA area the first 24 operations per year are exempt, then €0.50 each.
Are deposits guaranteed?
Yes: Deutsche Bank S.p.A. is an Italian-law bank supervised by the Bank of Italy and is a member of the Interbank Deposit Protection Fund (FITD), covering up to €100,000 per depositor, as well as the Fondo Nazionale di Garanzia.
Sources
- Official service page Data verified on Jul 12, 2026
- deutsche-bank.it Data verified on Jul 12, 2026
- trasparenza.deutsche-bank.it Data verified on Jul 12, 2026