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Welcome to LBBW Bank CZ a.s.

5 for 50 account

Our 5 for 50 account is a bundle of banking products and services that you put together based on your requirements according to what services you need most. Don't unnecessarily pay for services you don't use! Self-employed professionals (freelance professions), judges and barristers-at-low can take advantage of a  special offer to open a 5 for 50 Account.

Only LBBW Bank offers a great bundle of services for the incredibly low monthly fee of CZK 50. The package includes:

  • bundle of basic fixed products and services
  • five additional optional products or services

What products and services are available?

Overview of basic and optional services

Basic services

  • current account with 0.25 % p.a. interest rate
  • quarterly account statements sent by mail*
  • 1 x SIPO (monthly)
  • all recurring payment orders within a bank (entered by electronic means)
  • password for communication with LBBW Bank (for example to obtain account balance over the telephone)

*In case the service of internet banking is not set up with the product, the bank will be obliged to send monthly paper statements for the fee specified in the Price List.

Optional products and services. Choose five products!

* Does not include issuing of Chip card reader.

** In case that cashless transactions at a minimum total amount of CZK 5 000 CZK will not be made with the MasterCard payment card in the previous month, a fee for card management will be charged in accordance to the List of fees - Payment Cards.

*** This service can be selected three times; each of them will be counted as one service.

The selected five products/services can be changed at any time as based on your current needs. All you have to do is visit your branch. Changes of products/services are subject to a fee according to the Table of Fees and Commissions.

5 for 50 Account extras

  • withdrawals from any ATM in the Czech Republic for only CZK 6.50

Advantages of the 5 for 50 Account

  • choose services tailored to your needs
  • selected services can be changed at any time when necessary
  • account opening and closing free of charge
  • all cash deposits to the account free of charge
  • funds are available at any time
  • the maximum deposited amount is not limited
  • free connection to LBBW Savings Account that features the highly advantageous interest rate

Optional services

  • sending information SMS in case of change balance on account or credit card transaction

What are the benefits of linking 5 for 50 Account with LBBW Savings Account?

Use your 5 for 50 Account to deposit only funds for your regular payments. Set a limit (balance of funds in your 5 for 50 Account) that meets your needs. If your balance is lower than the limit for your 5 for 50 Account, available funds will be transferred free of charge from your LBBW Savings Account. At the same time, your available funds will bear interest at the highly advantageous rate (Interest rates for individual page 4). Interest is credited on a monthly basis. You can also transfer available funds from the current account via Internet banking at any time at no charge.

Who is the 5 for 50 Account designed for?

The 5 for 50 Account is intended for private individuals from both the Czech Republic and abroad. The 5 for 50 Account is designed solely for private purposes and not for commercial or business activities.

The 5 for 50 Account is only available in the Czech currency.

Maximum deposit: Unlimited
Monthly administration fee: CZK 50

Requirements for opening a 5 for 50 Account

  • filled out application
  • age over 18 years
  • one identification document

Additional information

How to open a 5 for 50 Account?

Call the customer service line at 844 844 822 (8:00 - 19:00 on business days), and our staff will contact you within 24 hours. You can also visit any LBBW Bank branch; selected branches are open on weekends.



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January 31, 2012
Change in the Lists of Fees and Commissions as of 1. 4. 2012
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January 31, 2012
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