Updated September 28, 2026 · AffCue Editorial Team
Hannoversche vs Wallester
Facts checked September 26, 2026.
Facts checked September 26, 2026.
Where Hannoversche and Wallester differ
| Compare |  Hannoversche |  Wallester |
|---|---|---|
| Commission terms | up to 225 EUR per sale | EUR 100 + EUR 300 2-step PPL |
| Networks | Tellja | Daisycon, Tradetracker |
| Recurring commission | No | YesHas it |
| Payout per sale or signup | €225Higher | €200 |
| Verticals | Insurance | Banking |
| Cookie window | Not confirmed | 60 days |
| Payout methods | Bank transfer, Paypal, Gift card | Not confirmed |
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Key differences
- Recurring commission: only Wallester.
- Payout per sale or signup is higher at Hannoversche: €225 vs €200.
- Networks: only Hannoversche offers Tellja.
- Networks: only Wallester offers Daisycon, Tradetracker.
- Founded is lower at Hannoversche: 1875 vs 2016.
- Wallester is available in 4 more countries.
- Pricing model: only Wallester offers CPL, Revshare, Hybrid.
- Features: only Hannoversche offers Referral.
- Features: only Wallester offers Direct.
- Region: only Hannoversche offers Single country.
Our verdict on each
Hannoversche
Hannoversche runs a German referral scheme that pays a flat CPA of up to 225 EUR per sale, with a cost score of 8.8. It suits publishers whose traffic already sits in Germany and who want a plain payout structure rather than a broad offer set.
Wallester
Wallester suits publishers with European business and finance audiences who can convert intent into funded accounts, since the offer is a two-step PPL of EUR 100 + EUR 300 2-step PPL on a 60 window. The banking vertical keeps the audience narrow, so volume comes from Europe, not from the wider web.
How they score
- Hannoversche edges Wallester on cost, 1 facts to 0.
- On offer the two are close: Wallester wins 1, Hannoversche 0.
Side by side, item by item
| Pricing model | Hannoversche | Wallester |
|---|---|---|
| CPA | Yes | Yes |
| CPL | No | Yes |
| Revshare | No | Yes |
| Hybrid | No | Yes |
Earnings on 10 sales of 100
Hannoversche
€2,250
10 × €225
Wallester
€2,000
10 × €200
Hannoversche comes out €250 ahead.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Sources behind this comparison
Hannoversche
- hannoversche.de: 12 facts, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
Wallester
- wallester.com: 7 facts, checked September 26, 2026
- all-affiliates.com: 2 facts, checked September 26, 2026
- fintechmagazine.com: 2 facts, checked September 26, 2026
- rigacomm.com: 1 fact, checked September 26, 2026
How they place
| Ranking | Hannoversche | Wallester |
|---|---|---|
| Finance affiliate programs | 15 of 425 | 14 of 425 |
Every fact side by side
| Fact | Hannoversche | Wallester |
|---|---|---|
| Pricing model | CPA | CPA, CPL, Revshare, HybridCovers more |
| Features | Referral | Direct |
| Region | Single country | Europe |
| Legal entity | Hannoversche Lebensversicherung AG | Wallester AS |
| Headquarters | Germany | Estonia |
| Founded | 1875Lower | 2016 |
| Support channels | Phone, Email | Not confirmed |
Where each stands against the rest
| Fact | Hannoversche | Wallester | Median |
|---|---|---|---|
| Cookie window | Not confirmed | 60 dayshighest quarter | 30 days |
| Payout per sale or signup | €225highest quarter | €200highest quarter | €50 |
Median across 146 listed affiliate programs.
Pros and cons
Hannoversche
Pros
- The rate is a flat cost per action of up to 225 EUR per sale, so what a converted referral earns can be budgeted before you write the content.
- Money leaves through bank transfer, paypal and gift card, so a publisher is not tied to a single settlement route.
- The scheme runs on Tellja, which keeps tracking inside a network you can report from alongside your other programmes.
Cons
- Recurring commission is not offered, so a policy that stays in force produces nothing after the sale and each referral starts from scratch.
- The scheme is a single market offer, so only German readers convert, and 79.4% of insurance programmes are limited the same way.
- Support runs on phone and email, with no live chat listed for questions that arrive mid campaign.
Wallester
Pros
- Two-step PPL of EUR 100 + EUR 300 2-step PPL pays on a qualified lead that becomes a funded account.
- cpa, cpl and revshare gives publishers a choice of models rather than a single payout type.
- Recurring commission is on, so an account that keeps its balance keeps paying.
Cons
- europe caps the audience, so North American traffic has little to convert here.
- banking is narrow, which limits the number of pages a publisher can write.
- The programme pays on a two-step PPL under EUR 100 + EUR 300 2-step PPL, so a lead that stalls before funding pays nothing.
Who each suits
Hannoversche
Who it suits
- Publishers with a German insurance readership who can recommend a specific provider and see the referral through to a policy.
- Anyone who values a predictable flat bounty over a share of revenue, which is the shape Mintos (Hybrid lead and CPA commission) and Admitad (5% per sale) are built around.
Who should look elsewhere
- Publishers chasing renewals, since recurring commission is not offered here while Mintos pays Hybrid lead and CPA commission across a wider range of finance signups.
- Anyone wanting a share of each sale rather than a flat fee, where Admitad runs 5% per sale.
- Sites whose readers sit outside Germany, since the offer covers a single market and a business banking audience fits Qonto (CPA per registration plus KYB bonus) better.
Wallester
Who it suits
- Publishers running finance or small business content for European readers
- Sites with an audience that already trusts banking and fintech brands
- Network affiliates who want a second, recurring option alongside a per-approval offer
Who should look elsewhere
- Publishers chasing North American audiences, since the programme runs in europe
- Anyone wanting a wide vertical mix, because the offer sits in banking only
- Publishors who need long decision windows, since the window is 60 days
Country by country
| Country | Hannoversche | Wallester |
|---|---|---|
| France | No | Yes |
| Spain | No | Yes |
| United Kingdom | No | Yes |
| United States | No | Yes |
| Germany | Yes | Yes |
Questions about each
Hannoversche
How much does a referral pay?+
The stated rate is up to 225 EUR per sale, and the model is cost per action (cpa), so a payout depends on a completed sale rather than on traffic volume. Plan your earnings per converted referral, not per click or per lead, because nothing is due until the sale completes.
Is there recurring commission?+
There is not. Recurring commission is listed as unavailable, which means an insurer that keeps a policy in force pays nothing further after the sale. Earnings reset with each new referral at up to 225 EUR per sale, so publishers who prefer lifetime value over a single bounty should look at a programme that pays on renewals.
Wallester
How much does Wallester pay per approved account?+
The per-approval payout is €200, paid under a two-step PPL of EUR 100 + EUR 300 2-step PPL. A lead that never turns into a funded account earns nothing, so lead quality matters more than lead volume here. The model list is cpa, cpl and revshare.
How long is the cookie window?+
The window runs 60 days. That is longer than the finance median of 30 days, so a reader who takes a fortnight to open a business account can still be credited. It is shorter than the 90 day ceiling seen in the banking and fintech group.