In a democratic society and capitalistic economy you have two options to exert influence: vote-with-your-vote and vote-with-your-wallet (todo: ref quote yt video)

If you want to influence the course of the world with the way you spend your money you not only have the option to choose your spendings, but also what happens when you don’t use your money.

In fact your money never sits still. Banks hand out loans to gouvernments, companies and individuals to turn a profit with your stored money.

By choosing your bank and their investment policy you can control if your money will fund the fossil fuel industry or the green energy sector.

In my search for a fully sustainable bank account in Germany I came up with the classic banks UmweltBank and GLS and the fintechs Bunq (NL) and Tomorrow.

I chose Bunq with its remarkably high interest for savings (free) and Tomorrow (4€/month) with its lowest currency exchange fees on credit card transactions (0.0-0.4% over ecb course) for my daily payments in Norway.

Green banks:

• https://bank.green/sustainable-eco-banks

Banks for going abroad:

• https://nomadgate.com/best-banks-international-travel/

Bank comparison:

• https://www.fairfinanceguide.de/ffg-d/banken/
• The german “Sparkasse” banks aren’t that bad, but their partner DekaBank is not that great. https://www.sparkasse.de/pk/produkte/sparen-und-anlegen/geld-anlegen/nachhaltige-geldanlage.html advertising sustainable investment while not really being that sustainable https://www.fairfinanceguide.de/ffg-d/banken/dekabank/
• Deutsche Bank together with HSBC, Barclays, BNP Paribas and others invest heavily into fossil fuels https://shareaction.org/news/net-zero-banks-continue-to-finance-oil-gas-expansion-ignoring-climate-science https://m.youtube.com/watch?v=AryAnhc2SwU&t=350s