Germany opportunity card Blocked account

Hi! I’m happy to help explain how blocked accounts (Sperrkonto) work for a Chancenkarte visa. Because I’m a volunteer, I can’t pick a specific bank for you, but I can share trustworthy information and things to consider, so you can choose what works best.

A blocked account is a special bank account required by German authorities in many visa cases — including the Chancenkarte — to prove you have enough financial means to support yourself. (Read more here Opening a blocked account /“Sperrkonto”)

Only a certain amount can be withdrawn every month from the blocked account. This is to make sure that the minimum amount for each month is available and that the money that is meant to last for a whole year, for example, cannot be withdrawn right at the start of the stay. (Read more here Opening and closing a blocked bank account (Sperrkonto) )

You can open a blocked account with traditional German banks. Full banking relationship with a German bank from day one, possibly better trust in some visa interviews.

Online Providers - According to Fintiba, their blocked account is officially accepted by the German Federal Foreign Office, embassies, and immigration authorities.(Read more here Fintiba ) Your money is held at a German bank (in Fintiba’s case, Sutor Bank) and is covered by deposit protection.( Read more here  Chancenkarte Sperrkonto )

Things to Watch Out For When Choosing a Provider

1. Check Visa Requirements — Always double-check the exact amount you need to block, based on how long you plan to stay.
2. Blocking Confirmation — For your visa, the letter you’ll submit must clearly state how much you deposited and how much you can withdraw monthly.
3. Refund Options — In case your visa is rejected, make sure the provider allows you to get your money back (minus any fees). Fintiba states they do this.
4. Withdrawal Process — When you arrive in Germany, set up a German bank account (Girokonto) and link it to your blocked account so you can receive the monthly payouts.

Start the process early (ideally 3–4 weeks before your visa appointment) to ensure there’s enough time for fund transfers and confirmation. 

Hope this helps,

Anna, volunteer