Updated September 28, 2026 · SumCue Editorial Team
Danske Bank DK vs SWK Bank
Danske Bank DK
Higher score in this comparison
SWK Bank
Danske Bank DK vs SWK Bank: the differences
| Compare | Danske Bank DKReviewSee alternativesSee alternatives | SWK BankReviewSee alternativesSee alternatives |
|---|---|---|
| Loan amount | from DKK 10,000 | €7,500 to €100,000 |
| Term | 3 to 12 months | 24 to 120 monthsHigher |
| Eligibility | Must be 18 or older and have sound finances (stated for Kassekredit credit line) | At least 18 years old; main residence in Germany (employer's registered office likewise); at least six months with current employer and no probation; permanent employment; no negative SCHUFA or CRIF entry |
| Loan types | Personal, Credit line, Car, Secured | Personal, Car, Debt consolidation, Secured |
| APR | Not confirmed | 5.29% to 12.99% |
| Arrangement fee | Not confirmed | 0 EUR |
| Funding time | Not confirmed | Loan amount transferred to your current account within a few days |
| Representative example | Not confirmed | Ratenkredit: net loan 10,000.00 EUR over 84 months at 6.29% effective annual rate for two thirds of customers |
| Free early repayment | Not confirmed | Yes |
| Credit needed | Not confirmed | Good |
| Use cases | Not confirmed | Home improvement |
Same on both: Credit check (Hard), Rate type (Fixed), Lender type (Direct lender).
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Key differences
- Founded is lower at Danske Bank DK: 1871 vs 1959.
- Term is higher at SWK Bank: 24 to 120 months vs 3 to 12 months.
- Support channels: only Danske Bank DK offers Chat.
- Support channels: only SWK Bank offers Email.
- Loan types: only Danske Bank DK offers Credit line.
- Loan types: only SWK Bank offers Debt consolidation.
Our verdict on each
Danske Bank DK
Danske Bank suits Danish households and students who want everyday banking, a card and a fixed-rate savings account at the same provider. The Mastercard Direct debit card carries a monthly fee of DKK 0, and savings terms run 3 to 12 months at a fixed rate.
SWK Bank
SWK Bank suits borrowers in Germany with permanent employment who want a long fixed-rate instalment loan with no arrangement fee. Its APR of 5.29% to 12.99% sits well under the site median of 15.5%, and a fixed deposit at 3.21% gives savers a home for cash.
Score breakdown
| Area | Danske Bank DK | SWK Bank |
|---|---|---|
| Cost | 9.2Middling on cost: the free ATM allowance is DKK 0 and the fixed-rate savings route asks for a DKK 10,000 minimum deposit. | 9.3Higher |
| Offer | 9.0 | 9.6HigherOrigination fee of 0 EUR, APR of 5.29% to 12.99% against a site median of 15.5%. |
| Trust | 10.0Higher | 9.6 |
What each covers
| Loan types | Danske Bank DK | SWK Bank |
|---|---|---|
| Personal | Yes | Yes |
| Debt consolidation | No | Yes |
| Credit line | Yes | No |
| Secured | Yes | Yes |
| Car | Yes | Yes |
Which one suits you
Pick Danske Bank DK if trust matter most.
Pick SWK Bank if offer and term matter most.
Availability and regulation
| Country | Danske Bank DK | SWK Bank |
|---|---|---|
| Denmark | Not confirmed | |
| Germany | Not confirmed |
Additional countries for Danske Bank DK: 1. Additional countries for SWK Bank: 1.
If neither fits
Sofkredit has term at 6 to 240 months, against 3 to 12 months for Danske Bank DK and 24 to 120 months for SWK Bank.
Sofkredit reviewHow they place
| Ranking | Danske Bank DK | SWK Bank |
|---|---|---|
| Savings | 90 of 1492 | 109 of 1492 |
| Fixed-rate bonds and term deposits | 11 of 199 | 14 of 199 |
| Loans | 189 of 2043 | 209 of 2043 |
| Personal loans | 171 of 1317 | 188 of 1317 |
Every fact side by side
| Fact | Danske Bank DK | SWK Bank |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Travel | Not confirmed |
| Legal entity | Danske Bank A/S | Sued-West-Kreditbank Finanzierung GmbH |
| Headquarters | Denmark | Germany |
| Founded | 1871Lower | 1959 |
| Support channels | Phone, Chat, Help centre | Phone, Email, Help centre |
Savings
| Fact | Danske Bank DK | SWK Bank |
|---|---|---|
| Headline rate | Not confirmed | 3.21% |
| Minimum deposit | DKK 10,000 | €10,000 |
| Deposit protection | EU DGS up to EUR 100,000 | EU DGS up to EUR 100,000 |
| Access terms | Danske Toprente: money is tied for 3, 6 or 12 months; early withdrawal costs a penalty of at least DKK 250; when the period ends the account is automatically changed to a Danske Indslaan-type account; minimum age 18 | Fixed term, no early access during the agreed term, extension possible after term end |
| Monthly fee | DKK 0 | €0 |
| Account kind | Fixed | Fixed |
Credit cards
| Fact | Danske Bank DK | SWK Bank |
|---|---|---|
| Rewards type | Cashback | Not confirmed |
| Rewards rate | Cashback at 2,000+ shops, merchant-set rates | Not confirmed |
| Perks | Up to 45 days interest free credit on min. 15,000 DKK (40 days from 20 Nov 2026), Two cards in one: credit and debit, Up to 6,000 DKK cash withdrawal per day abroad, 25% discount at Danske Bank Aviator Business Lounge, Option to buy travel insurance, Instalment payments over 2 12 instalments on purchases over 500 DKK, Mastercard Priceless benefits | Not confirmed |
| Card kind | Credit | Not confirmed |
| Audience | Student, Kids | Not confirmed |
Mortgages
| Fact | Danske Bank DK | SWK Bank |
|---|---|---|
| Fixed period | 10 years | Not confirmed |
| Maximum loan to value | 95% | Not confirmed |
| Purpose | Purchase, Remortgage, Home equity | Not confirmed |
Where each stands against the rest
| Fact | Danske Bank DK | SWK Bank | Median |
|---|---|---|---|
| APR | Not confirmed | 5.29% to 12.99%below the median | 9.99 |
| Term | 3 to 12 monthslowest quarter | 24 to 120 monthshighest quarter | 60 |
Median across 1096 listed providers.
Pros and cons
Danske Bank DK
Pros
- The Mastercard Direct debit card charges a monthly fee of DKK 0 and ranks 1 of 422 brands on that measure.
- Balances carry EU DGS up to EUR 100,000 protection, and the legal entity Danske Bank A/S is supervised in Denmark by Finanstilsynet.
- The card range covers a debit card and a credit card, with cashback rewards at Cashback at 2,000+ shops, merchant-set rates.
Cons
- Free ATM withdrawals are DKK 0, and the brand sits at 44 of 124 brands on that measure.
- Savings are tied: terms run 3 to 12 months on a fixed rate basis, and early withdrawal costs a penalty.
- Consumer borrowing runs a hard credit check and starts at from DKK 10,000.
SWK Bank
Pros
- Arrangement fee of 0 EUR on the instalment loan
- APR of 5.29% to 12.99% against a site median of 15.5%
- Repay early free of charge on the instalment loan
Cons
- Loan amounts run €7,500 to €100,000, so smaller sums fall outside the range
- A hard credit check and good credit needed, so a negative entry rules you out
Who each suits
Danske Bank DK
Who it suits
- Danish households keeping everyday money, a card and a savings term at the same bank.
- Students and younger customers, the stated audience of student and kids.
- Homebuyers, with mortgages at a 95% maximum loan to value fixed for 10 years at a time.
Who should look elsewhere
- Wise, for readers whose money sits in more than a single market and want a single account instead.
- bunq, for a euro account priced at a monthly fee of €0.
SWK Bank
Who it suits
- German residents with permanent employment and a clean credit record
- Borrowers planning home improvements, a car purchase or debt consolidation
- Savers who can leave a fixed sum untouched for the agreed term
Who should look elsewhere
- Anyone wanting a higher rate ceiling, since Cashspace quotes APRs of PHP 12 to PHP 36
- Anyone on probation, self-employed, or carrying a negative credit entry
- Borrowers who want a variable rate, since the fixed rate here never reprices
Country by country
| Country | Danske Bank DK | SWK Bank |
|---|---|---|
| Denmark | Yes | No |
| Germany | No | Yes |
Questions about each
Danske Bank DK
What does the card cost to run?+
The Mastercard Direct debit card has a monthly fee of DKK 0, and Danske Bank places 1 of 422 brands on that measure. It is a debit card on the mastercard network, so spending draws straight from the current account.
How is the money in the account protected?+
Balances are covered by EU DGS up to EUR 100,000, the EU deposit guarantee scheme, and the account is held by Danske Bank A/S, supervised in Denmark by Finanstilsynet. The scheme covers money left on deposit rather than balances spent on the card.
SWK Bank
What does a SWK Bank instalment loan cost?+
The arrangement fee is 0 EUR, and the APR runs 5.29% to 12.99% on a fixed rate, so the cost holds steady across the term. A published representative example shows a net loan repaid over 24 to 120.
How much can I borrow and for how long?+
Loan amounts run €7,500 to €100,000 with terms of 24 to 120. Repayments are fixed, and early repayment carries no charge. The loan amount is transferred to your current account within a short wait.
Other options to compare
Other matchups
Danske Bank DK
SWK Bank