bunq Together

bunq Joint questions

Wouter-Lime-Kiwi

LvH Alright, It sounds like it’s worth the wait :))

LH-Black-Wolf

Jeroen 🏳️‍🌈 Absolutely, although the places you go to of course do have to support contactless payments. If they don't, you still need a card: and that's where it get's tricky. However, as mentioned in another topic it looks like come may this year: all terminals in NL (in stores) must support contactless payments. So that solves a lot of problems (in the Netherlands anyway, dont know how contactless acceptance is in other bunq countries). And the physical cards I guess you can then just share whoever needs it when they go abroad... Although that'll be tricky if you don't live near each other. :P

Incidentally, I think this would work even better if you activate a Tap&Pay card. You can actually add that to Apple Pay and Google Pay as well in supported countries, and if the card got a supported region when it was generated. That card is 100% virtual Maestro and does not count towards your total amount of cards. That's an ideal card to have for this Joint Subscription, and if I understand the OP correctly: everybody can create 5 online MasterCard's and has all advantages such as Google and Apple Pay - so I imagine that includes being able to generate a virtual Tap&Pay Maestro as well. Then you don't even have to use the same cards with Tap&Pay/Apple/Google Pay, everybody can just put their own T&P in there.

JeroenE

LvH Yes, they are very unclear in their post about what works and what not. They do mention a few things, these are specified for (total) or (per person). So for all the things they did not list nobody knows how it works :sad:

JeroenE

LvH Just a follow-up question. If Apple Pay actually uses the card that means that you can't have your own private account connected to that card, can you? I mean, if you do (because you want to pay for your own holiday for example) and someone else is using it at (almost) the same time to pay for the groceries this means the groceries get paid from your holiday account instead of the joint groceries account. Or isn't this how it works?

LH-Black-Wolf

Jeroen 🏳️‍🌈 Yes, true. Forgot about that. It works just like a physical card in that regard, so whatever account the physical card is linked to in bunq at the moment of payment is where it draws money from. You’re right, that’s a problem. Virtual T&P Maestro solves that issue though as it’s truly your own card.

BigBoss

Si les enfants peuvent faire partie d'un compte joint alors un couple et 4 enfants payeraient 20 euro, avec une carte chacun.
Cela reste un bon compromis.

JeroenE

BigBoss 🇪🇺 You mean one parent with two children in a Joint Subscription and the other parent with the other two children in a different Joint Subscription?

I feel that you want at least two cards for each person. So you can have both a Maestro and a MasterCard.

If you create two Packs and find someone else to join in the two spots that are left you only pay 30 euro. That's 10 euro more but you get more cards, more accounts, more interest, more free ATM withdrawals and so on. So I'm not so sure it is a nice deal.

David

And, as I just read, extra cards are not possible on a joint account

How does that work out? So a joint account (despite its higher price) actually has stricter limits on the amount of cards you can have? As a premium account + 1 maestro would also be €10/month but then you have 4 cards instead of 3....

BigBoss

Jeroen 🏳️‍🌈 chaque personne n'a pas besoin de deux cartes.
Il est vrais qu'en hollande il faut une carte Maestro et une carte Mastercard, mais pour les autres pays comme la france cela reste un bon compromis

Michel-NL

Jeroen 🏳️‍🌈 Inderdaad, join account is interessant maar mis wel wat.
Net in de chat geweest in een joint pack mogen 10 personen maar je mag maar 3 fysieke kaarten. Dat echt te weinig.
Zeker als je met je partner en 2 kinderen zit.
Kom je al 1 kaart te kort.

Ben bang dat dit dan niet iets voor ons is, tenzij bunq besluit om meer fysieke passen toe te voegen.
1 a 2 fysieke passen per join persoon ( 10 to max 20 ( of max 15)j zal me sneller een reden geven een join pack te nemen al gezins pack

JeroenE

BigBoss 🇪🇺 Sure, it depends. In The Netherlands a Maestro is enough for just about anything. But in other countries you might need the MasterCard too.

Petervdv

Jeroen 🏳️‍🌈 I think in most other countries you only need the MasterCard.

Sebastian-Pink-Cheetah

To be honest - I am a bit confused. So with bunq Joint every partner still has his own user account and can use bunq like a normal premium user with the limitation of 25 bank accounts and 3 cards total? Or is there any other difference technically or legally?

JeroenE

Sebastian I think it's a bit like a Pack. Only you can have more people in it and there are a lot of limits that are shared (but not all) while in a Pack all limits are per person with the exception of the interest.
Also it's not really clear to me what happens if there are more costs. For example withdrawal costs or SWIFT transfers. Whose going to pay? For SWIFT transfers you could argue the person who owns that account. But for withdrawals that's complicated because bunq doesn't know who used the card.

smyles

Michel 🇳🇱 you can buy extra physical passes for €4 each extra I think. I think the new joint account will work really well for some situations like a family:
2 adults, 1 kid: €9.99 a month (all have cards)
2 adults, 2 kids: €13.99 (all with cards)
2 adults, 3 kids: €17.99 (all with cards)

That makes far more sense to me than trying to have premium accounts each, or a mix with free accounts (with the limitations involved), or having to pay €20 for a pack.

For my own situation, I wanted may partner to join bunq, but the full cost of premium was too much for what she would actually use it for. This way I can spend €2 extra a month and it’s exactly the right balance of resources for us.

👍

Michel-NL

Ter duidelijkheid, met max 10 tot 15 of 20 bedoel ik met de max aantal personen in een join pack

JeroenE

Steven According to the new pricing document you are not allowed to buy extra cards with the Joint Subscription, so this won't work. You can't buy extra accounts either. See https://www.bunq.com/assets/media/legal/en/20190402_consumer_business_pricing_EN.pdf

mnvr1991

What about interest? Is that also limited like a pack?

JeroenE

Michael My guess is that it is the same as a Pack, but bunq hasn't said yet as far as I know.

Bastiaan

Michael you share the interest, it's divided by the Joint members

smyles

Jeroen 🏳️‍🌈 Oh that’s really disappointing 😕

vampjon

Freek well, that's the thing... as mentioned by Jeroen 🏳️‍🌈 .... the pricing document indicates that ordering extra cards beyond the 3 included ones is not possible within bunq Joint...