J&T Direktbank review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
J&T Direktbank is a German savings bank branch rather than a dealing platform: the minimum deposit is €0, the account fee €0 and cash pays 2.25%. It suits savers in Europe who want a plain deposit account, not readers comparing brokers for stock dealing.
Key facts
- Best for
- A euro cash account with an account fee of €0 and a minimum deposit of €0.
- Minimum deposit
- €0 (Source, checked September 26, 2026)
- Account fee
- €0 (Source, checked September 26, 2026)
- Regulators
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Ceska narodni banka (CNB) (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Interest on cash
- 2.25% (Source, checked September 26, 2026)
- Legal entity
- J&T BANKA, a.s., Zweigniederlassung Deutschland (Source, checked September 26, 2026)
- Founded
- 1998 (Source, checked September 26, 2026)
- Support channels
- Email, Phone (Source, checked September 26, 2026)
- Official website
- jtdirektbank.de
Apps and profiles
- Elsewhere
Pros and cons
Pros
- Cash balances earn 2.25%.
- Account fee of €0 and a minimum deposit of €0, so a small balance can sit there without a bill.
- Supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany and the Ceska narodni banka (CNB).
- Deposits are covered under EU ICS up to EUR 20,000.
Cons
- Money above EU ICS up to EUR 20,000 falls outside the EU scheme, so large balances have to be split across banks.
- Support runs on email and phone only, with no live chat or help centre listed.
- The account is a German branch, J&T BANKA, a.s., Zweigniederlassung Deutschland, so readers who want stock dealing have to look elsewhere, such as eToro or CFI.
Who it suits
- Readers who want euro cash parked at 2.25% with an account fee of €0.
- Savers who want a bank account supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and the Ceska narodni banka (CNB).
Who should look elsewhere
- Readers who want to buy shares: eToro and CFI come with dealing, while this account pays 2.25% on cash.
- Anyone who needs a UK-regulated account: the entity is J&T BANKA, a.s., Zweigniederlassung Deutschland and cover runs through the EU scheme, EU ICS up to EUR 20,000.
- Readers who want a funded dealing account: Vantage asks for $5 to start rather than running as a cash deposit.
Where it sits among rivals
J&T Direktbank sits at 1 on account fee among the 138 brands compared, and at 1 on minimum deposit among 213. Both measures point the same way, and the ranking covers only these charges rather than what the money costs to hold over a year.
How J&T Direktbank compares
9.3 vs 9.0
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MarketScreener
J&T Direktbank vs ActivTrades9.3 vs 9.4
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9.3 vs 9.3
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J&T Direktbank vs UNest9.3 vs 8.6
9.3 vs 9.2eToro has an account fee of $0 as well, and adds shares and funds to the picture for readers who want to invest rather than save.
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Kitco
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wikifolio.com
Intellectia
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Where J&T Direktbank is available
- Available
- Czechia, Germany
- Licence in Germany
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), checked September 26, 2026
- Licence in Czechia
- Ceska narodni banka (CNB), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What is the minimum deposit at J&T Direktbank?+
The minimum deposit is €0, so there is no floor on how much you transfer in. The account fee is €0 as well, which means a small balance can sit here without an annual charge draining it.
How much does J&T Direktbank pay on cash?+
Cash balances earn 2.25%. That rate is the return on offer here, since this is a deposit account rather than an investment account, and it sits alongside a €0 account fee.
How much money is protected if the bank fails?+
Deposits are covered under EU ICS up to EUR 20,000. That is the EU ceiling, and anything above it is outside the scheme, so larger sums need a second bank rather than a single large balance.
Who regulates J&T Direktbank?+
The German branch is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), while the parent is watched by the Ceska narodni banka (CNB). The contracting entity is J&T BANKA, a.s., Zweigniederlassung Deutschland, and the group dates back to 1998.
How do I reach support?+
Support runs on email and phone, so email and phone are the routes into the bank. No live chat or help centre is listed, which suits readers who prefer to deal with a person on the phone.
Can I trade shares or funds with this account?+
This is a cash account, not a dealing platform. The pricing here is €0 in account fees and 2.25% on balances, so readers who want to buy shares should compare eToro or CFI instead.
Who is this account for?+
It fits readers who want euro cash parked at 2.25% without an account charge, and who are content with a bank deposit rather than an investment account. German supervision and EU cover make it a natural fit for savers in Europe.
How does it compare with the alternatives?+
CFI takes a minimum deposit of $0, and eToro charges an account fee of $0, so the price gap with J&T Direktbank is small. Vantage asks for $5 to start. The real difference is the product: cash here, markets there.
Sources
- jtdirektbank.de/impressum.html checked September 26, 2026
Backs: Investor protection, Legal entity, Regulators, Support channels, Licences
“J&T BANKA, a.s., Zweigniederlassung Deutschland”
- jtdirektbank.de/tagesgeld.html checked September 26, 2026
Backs: Account fee, Interest on cash, Minimum deposit
“Kostenlose Kontoführung - Tagesgeld”
- jtdirektbank.de/ueber-uns.html checked September 26, 2026
Backs: Founded
“J&T Banka ... wurde 1998 gegründet”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Stock trade fee, Inactivity fee, Markets, Retail accounts that lose money.