Understand what banking really costs in Denmark
We read the price lists and terms so you do not have to. GratisBank is an independent guide to banks, cards, savings and loans for both individuals and businesses.
What do you need to sort out?
Start where you are. Each route leads to a guide, a tool or a list of what to ask the bank.
For you as a private customer
Everyday banking, fees, switching bank, savings and housing.
- Salary account: what to look for
- Hidden bank fees: how to spot them in your own bank
- How to switch bank in Denmark: a 6-step guide
- How to choose a savings account in Denmark: criteria and checklist
For you with a business
Business accounts, what banks require, and choosing a provider.
- What does a business account cost in Denmark? Fee types and how to work out the annual price
- Basic business account: who is entitled to one?
- KYC at the bank: beneficial owners and documents for a business account
- How to choose a bank for your business in Denmark
We use the word “free” literally
“Gratis” is Danish for “free”. Something is only free here if it costs DKK 0, and you do not need a paid subscription to get it. Everything else gets its own label, so you can see the difference at a glance.
- FREE
- Costs nothing, and you do not need a paid subscription to get it.
- FREE UP TO A LIMIT
- Free until the limit is reached. We state the limit and the price after it.
- INCLUDED IN SUBSCRIPTION
- Part of a paid subscription, so it is not free.
- FEE APPLIES
- Costs a fixed fee or a price per use.
- Payment cardINCLUDED IN SUBSCRIPTION
- Cash withdrawalFREE UP TO LIMIT
- International transferFEE APPLIES
- Virtual cardFREE
Illustration of our labels. It does not show a real provider or real prices.
The interest rate is rarely the whole picture
Prices are easy to line up side by side. The hard part is knowing what applies to you. This is what we look at first.
Compare the total price
The rate is only one part. Fees, contributions and set-up costs can change the result.
Read the terms, not just the front page
Lock-in periods, conditions and amount limits are usually in the price list.
Count what is not in a price list
Advice, digital solutions and proximity matter to many people. Decide what weighs most for you.
Ask for the source and the date
Prices change. Check when a figure was collected and where it comes from.
Work it out yourself
- Savings calculatorSee what interest, time and monthly deposits mean. Calculated in your browser.
- Bank cost calculatorAdd up your own fees into a yearly amount.
- Documents the bank may ask forFor individuals, sole proprietors, companies and associations.
- Checklist for switching bankTick things off as you go. Saved only in your browser.
- Fee checkSee what is free, included or costs extra at a provider.Coming
- Business account finderSee which providers match your needs as a business.Coming
New to Denmark, or serving customers abroad?
NemKonto, IBAN, currencies and the difference between a bank and a payment institution are what most often derail plans. Here are the answers in one place.
How we stay honest
Source and date
Prices and terms are taken from the banks’ own price lists or public sources and shown with the date they were checked.
Editorial and sales are separate
Commercial cooperation is clearly marked and never affects our editorial assessments.
Information, not advice
We give general knowledge so you can ask better questions. For a specific decision, ask the bank for an offer.
Questions we often get
Is GratisBank free to use?
Yes. You do not pay to read our guides or use our overviews, and you do not need to create an account.
How do you earn money?
We expect to be funded by cooperation with banks and credit institutions. Commercial cooperation is always clearly marked and does not affect our editorial content. Read more under How we earn money and in our editorial policy.
What does “free” mean here?
We only call something free when it costs DKK 0 and you do not need a paid subscription to get it. If it is part of a paid subscription, we call it included. If it has a limit, we state the limit. Everything else costs extra.
Do you show specific rates and prices?
Not yet. When we show specific prices or terms, we always give the source and the date we last checked them. Until then, we help you understand what to compare.
Do you give financial advice?
No. We provide general information so you can ask better questions. For a specific decision, you should get an offer from the bank or consult an independent adviser.