Head-to-head
Comdirect vs Novo Banco: which is better in Europe? (2026)
Quick answer
Comdirect scores higher overall (60 vs 59). Below is exactly where each one wins.
Last updated 15 August 2026 · Cross-checked against official sources
Data reviewed by Ilya ChernetskiyFounder and editor, nomoneda
This head-to-head was generated from our rankings: both services appear in the same shortlists. The facts and scores below are the same ones used everywhere else on the site.
At a glance
| Comdirect | Novo Banco | |
|---|---|---|
| Score | 60 | 59 |
| No DNI | No | No |
| Holds USD | No | No |
| USD APY | — | — |
| Cashback | No | No |
| FX model | ECB euro reference rate + 0.35% conversion fee inside the EEA; outside the EEA the bank's own Devisengeldkurs (markup over mid-market not published) plus a 1.75% card fee | Visa reference rate (non-EUR transactions converted to USD then to EUR at the Visa International average rate) + a 1.35% foreign-currency service fee and a 2.50% international transaction processing fee; no bank board rate published |
| Docs needed | Needs German address; remote opening with German docs | Needs NIF/residency; branch may be required |
Bottom line
Comdirect60/100
Deposit protection: DGS €100k (DE) — brand of Commerzbank AG, one shared €100k ceiling with Commerzbank accounts
FAQ
- Comdirect or Novo Banco — which is better?
- Comdirect scores higher overall in our ranking, but the right choice depends on whether you prioritise fees, USD support or onboarding.
- Can I use both?
- Yes — many relocants keep one for receiving USD and another for daily spending.