Hanseatic Bank review

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

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Our verdict

Hanseatic Bank suits permanent employees in Germany with a clean credit file who want a fixed rate personal loan they can repay early. Borrowing at 5.29% to 12.99% compares well with the 12% site median, with a hard credit check and money Disbursed within 48 hours.

Key facts

Best for
A fixed rate personal loan for permanent German employees who want to repay early without a fee.
APR
5.29% to 12.99% (Source, checked September 26, 2026)
Loan amount
€7,500 to €100,000 (Source, checked September 26, 2026)
Term
24 to 120 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Disbursed within 48 hours (Source, checked September 26, 2026)
Representative example
Privatkredit: net loan amount EUR 10,000.00 over 84 months - two thirds of customers receive an effective annual rate of 6.29% (83 monthly instalments of EUR 146.70 plus one final instalment of EUR 140.48, fixed nominal rate 6.12% p.a., total repayment EUR 12,316.58) (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Of age, main residence in Germany, employer registered in Germany, at least 6 months in current job or probation ended, permanent employment, not self-employed, no negative SCHUFA or Infoscore entry (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
Hanseatic Bank GmbH & Co KG (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Founded
1969 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
hanseaticbank.de

Apps and profiles

Get the app
Google Play
Elsewhere
WikidataWikipediaXLinkedInfacebook.com

Pros and cons

Pros

  • Loan amounts run €7,500 to €100,000, well above the €876.96 site median, so larger purchases are covered.
  • Early repayment is free, so a borrower who settles the balance ahead of schedule pays nothing extra.
  • Terms of 24 to 120 let a larger borrowing be repaid over a long schedule with a rate that does not move.

Cons

  • The credit check is hard (hard) and the eligibility rules exclude anyone with a negative SCHUFA or Infoscore entry.
  • It is a broker (broker), so the party that actually lends the money sits behind the offer.
  • Loan amounts run €7,500 to €100,000, which puts small top ups out of reach.
Hanseatic Bank

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Scored 9.2 / 10 by BorrowCue.

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Who it suits

  • Permanent employees living in Germany with an employer registered there, past probation.
  • Borrowers with a clean SCHUFA and Infoscore record who can clear a hard check.
  • Anyone who expects to repay early, since early repayment is free.

Who should look elsewhere

  • Self-employed applicants, who fail the permanent employment requirement in the eligibility rules.
  • Anyone carrying a negative SCHUFA or Infoscore entry, which the eligibility rules rule out.
  • Borrowers chasing a small loan, since amounts run €7,500 to €100,000.

Safety and regulation

Hanseatic Bank is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany and works as a broker (broker), so a partner lender completes any loan. The published representative example repays a mid sized personal loan over a longer term through monthly instalments with a smaller final instalment, and the rate sits inside the 5.29% to 12.99% band.

Who runs it

The legal entity behind the offer is Hanseatic Bank GmbH & Co KG, based in Germany and trading since 1969. Customers reach the firm on email, phone and help centre, so a phone line, an email address and a help centre are all in place for questions about an offer and about a loan once it is running.

How Hanseatic Bank compares

Where Hanseatic Bank is available

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

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

Frequently asked questions

What rate will I pay?+

Rates run 5.29% to 12.99% on the personal loan, and the rate type is fixed, so the instalment holds steady for the whole term. The published example repays a mid sized loan through monthly instalments with a smaller final payment, which shows how the last instalment is set. That band sits under the PHP 12 to PHP 36 range charged elsewhere.

How much can I borrow?+

Loan amounts run €7,500 to €100,000 and terms run 24 to 120, so a bigger borrowing can be spread over a longer schedule. The site median personal loan is €876.96, which puts this amount range well above the middle of the field. A longer term lowers the monthly payment but raises the total repaid.

Am I eligible?+

The eligibility rules ask for adulthood, a main residence in Germany, an employer registered in Germany, permanent employment, and either a completed probation or time served in the current job. Applicants must have no negative SCHUFA or Infoscore entry, and self-employed borrowers are ruled out. The credit check itself is hard (hard).

Who is regulated here, and who lends the money?+

The firm is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany, and the legal entity is Hanseatic Bank GmbH & Co KG. It works as a broker (broker), so the money is lent by a partner rather than by the bank itself, and knowing which counterparty you end up with is worth checking before you sign.

How quickly is the money sent?+

Funding is Disbursed within 48 hours once the application and the credit check are done. Same day funding is more common elsewhere on the comparison: 82.9% of the site field offers it. If speed decides your choice, weigh the funding time on each option before you apply.

Can I repay the loan early?+

Early repayment is free, so settling the balance before the end of the term costs nothing extra. With a fixed rate (fixed) and terms of 24 to 120, a borrower whose income changes can cut the total interest without paying a fee for doing it. That is a plain reason to consider this offer over one that charges for early settlement.

How good does my credit file need to be?+

A good credit record is what the offer expects (good), and the check is a hard one (hard). Only 32.6% of the site field asks for good credit, and 45.1% accept poor credit, so a thinner file has options elsewhere worth comparing first.

Sources

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee.

Hanseatic Bank

Hanseatic Bank

A fixed rate personal loan for permanent German employees who want to repay early without a fee.

9.2/10See alternatives

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