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PSD Bank Nürnberg review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

PSD Bank Nürnberg suits German buyers and remortgagers who want property finance with no upfront product charge. The mortgage pairs a product fee of €0 with an initial rate of 4.3%, though a maximum loan to value of 60% means a larger deposit is needed.

Key facts

Best for
Homebuyers and remortgagers in Germany who want a property loan with no upfront product fee.
Initial rate
4.3%↗
APRC
4.41%↗
Fixed period
10 years↗
Maximum loan to value
60%↗
Product fee
€0↗
Purpose
Purchase, Remortgage↗
Lender type
Direct lender↗
Legal entity
PSD Bank Nuernberg eG↗
Headquarters
Germany↗
Founded
1936↗
Support channels
Email, Phone, Help-centre↗
Official website
psd-nuernberg.de

Loans

APR
5.22%↗
Loan amount
€10,000 to €80,000↗
Term
12 to 180 months↗
Funding time
Processed and disbursed as soon as possible↗
Representative example
PSD MehrWertKredit: net loan EUR 10,000, 48 instalments of EUR 231.00, 48 months, Sollzins 5.10% p.a., effective annual rate 5.22% p.a.↗
Rate type
Fixed↗
Free early repayment
No↗
Eligibility
Adults with regular income from non-self-employed work and a permanent residence in Germany↗
Loan types
Personal↗
Use cases
Home-improvement↗
Pricing model
Fixed rate

Savings

Headline rate
2.75% to 3.31%↗
Minimum deposit
€1,000↗
Deposit protection
EU DGS up to EUR 100,000↗
Access terms
Term deposit, funds locked for the agreed term, no early termination, interest paid annually↗
Monthly fee
€2.90↗
Account kind
Fixed↗

Credit cards

Annual fee
€29↗
Rewards rate
4% travel bonus on PSD-MeineReise bookings with PSD Mastercard Classic↗
Perks
4 Prozent Reisebonus via PSD-MeineReise↗
Card kind
Credit↗

Debit cards

Card type
Debit↗
Card network
Visa↗

Facts checked September 26, 2026, 10 sources

Apps and profiles

Elsewhere
WikidataXLinkedInkununu.com

Pros and cons

Pros

  • The mortgage charges a product fee of €0 on the property loan.
  • Purchase and remortgage are both listed purposes for the mortgage, purchase and remortgage.
  • The initial rate of 4.3% holds for a fixed period of 10.
  • A personal loan for home improvement is a fixed rate deal over terms of 12 to 180.

Cons

  • Borrowing is capped at a maximum loan to value of 60%, so deposits stay sizeable.
  • Free early repayment is not offered on the personal loan.
  • The personal loan is limited to adults in regular employment who live in Germany permanently.
PSD Bank Nürnberg

Ready to try PSD Bank Nürnberg?

Scored 9.3 / 10 by SumCue.

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Who it suits

  • Adults in Germany buying a home or switching an existing mortgage.
  • Homeowners planning renovation work funded by a personal loan.
  • Borrowers comfortable with a maximum loan to value of 60% on the property.

Who should look elsewhere

  • Prestalo, whose initial mortgage rate of 2.36% sits under this bank's 4.3%.
  • Creditilia ES, whose initial mortgage rate of 4% is under this bank's 4.3%.
  • Sofkredit, whose initial mortgage rate starts at 8% to 14%, well above this bank's 4.3%.

How it compares on our data

In these rankings, PSD Bank Nürnberg sits at 134 of 316 for initial rate, 67 of 152 for APRC and 116 of 273 for fixed period. Its maximum loan to value ranks at 300 of 313, the weakest measure here, so the deposit a buyer brings carries weight.

The company behind it

The lender is PSD Bank Nuernberg eG, based in Germany, and was founded in 1936. It offers home purchase and remortgage lending alongside a personal loan for home improvement. Its service runs through email, phone and help centre, so questions can be raised by email, by phone or in the help centre.

How PSD Bank Nürnberg compares

Where PSD Bank Nürnberg is available

Available
Germany
Licence in Germany
Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does the PSD Bank Nürnberg mortgage offer?+

The mortgage opens at an initial rate of 4.3% with an APRC of 4.41%, and that rate holds for 10. Because the APRC covers the whole cost of the credit, it is the fairer figure when comparing this property loan with others.

Does the PSD Bank Nürnberg mortgage charge a product fee?+

The property loan carries a product fee of €0, so no arrangement charge is added at the start. With that in mind, the APRC of 4.41% is the figure to weigh, while the deposit you bring is a separate outlay.

How much can I borrow for a PSD Bank Nürnberg mortgage?+

Loans reach a maximum loan to value of 60%, which is well below the 90% typical across the listings. Buyers need a sizeable deposit, and anyone aiming near the market average should look at lenders offering a higher loan to value.

What does the PSD Bank Nürnberg personal loan do?+

Alongside the mortgage, the bank lends directly for home improvement at personal loan terms, with amounts of €10,000 to €80,000 and terms of 12 to 180. The APR is 5.22% on a fixed rate basis. Processed and disbursed as soon as possible, so money usually moves quickly after a decision.

Who qualifies for the PSD Bank Nürnberg personal loan?+

Applicants must be adults who draw pay from employment rather than self-employment and live in Germany permanently. The credit is aimed at home improvement, so anyone wanting funds for other reasons would need to look at a different lender.

Is money at PSD Bank Nürnberg protected?+

Deposits are covered by EU DGS up to EUR 100,000, which is the German deposit protection scheme, so eligible balances are protected to that limit. The bank is supervised by Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) in Germany.

What does the PSD Bank Nürnberg term deposit pay, and can I withdraw early?+

The term deposit pays a headline rate of 2.75% to 3.31% for a minimum deposit of €1,000. The account kind is fixed, so the money stays locked for the agreed term with no early termination, and interest is credited annually.

What do the PSD Bank Nürnberg account and card cost?+

The bank issues a credit card on the visa network, with an annual fee of €29 and 4 Prozent Reisebonus via PSD MeineReise included. Its other card offering is a debit card, and the current account costs €2.90 a month.

Sources

Compiled from 10 source pages, checked September 26, 2026. We did not open an account.

PSD Bank Nürnberg

PSD Bank Nürnberg

Homebuyers and remortgagers in Germany who want a property loan with no upfront product fee.

9.3/10See alternatives