So this is my goodbye to Bunq. Iâve been banking with Bunq since 2016. For all my banking business. Up until a month ago I had no other active account with any other bank. But I really felt I had no other choice than to switch now and leave Bunq. Why?
Bunq has proven to be unreliable. The official statement was that as a Bunq More member, at the time that type of membership was discontinued, I could continue as-is until my cards expired. But all of a sudden without any communication beforehand, my Bunq More account was suddenly changed to a Premium account. I had to ask customer support what was going on.
And this was after they had already tried to convert me to Premium some time earlier by sending an email telling me I would be automatically upgraded if I didnât opt-out within 24hrs or so. Well I did opt out, and finally they just upgraded me anyway a few weeks ago.
Right in the middle of the whole COVID-19 pandemic! When people have other things on their mind and donât need their bank to start pulling tricks on them. I really had to go out of my way to get a new banking account elsewhere with all the restrictions in place, but I did.
This is just unacceptable behavior for a bank. And there is not any way to justify this. It basically forced me to leave. A bank needs to be reliable and trustworthy.
Also the whole tree loving and rainbow emoji thing doesnât appeal to me at all: Bunq is a bank. To get my environmental itch scratched Iâll go somewhere else. But I could have ignored that if the core banking business was up to par. But it looks to me to be at the expense of new innovative banking features. The Bunq update events became less interesting to me as the years went by: each time less and smaller features that appealed to me.
Best features of Bunq that I already miss? Ability to easily forward an incoming payment, and converting an automatic debit to a request. That last one is really a killer feature. Also having a custom picture (photo) for each bank account is great, to help quickly identify and locate it. Though this seems to be removed in the latest version of the app...
But alas, there is just no way I can stay. Maybe one day Iâll come back. But my trust in Bunq will first have to be rebuilt. A good first step in that would be to not moderate, move or even remove this post. As Bunq seems to be doing to some posts, for questionable reasons imho.
Goodbye Bunq.