Hey bunqers 🌈
With bunq ZeroFX, bunq Free, Core, Pro, and Elite users can pay abroad with no extra currency exchange fees.
Instead of the usual 1.5% currency conversion fee, you’ll get the real Mastercard exchange rate, with only a 0.5% adjustment for currency fluctuations.
Do I need to activate ZeroFX?
Nope! ZeroFX is activated by default for all users. It applies to all your cards, and you can always double check this by checking your card details. Here’s how to do it:
- Go to the 🏠 Home tab
- Tap on your card
- Check if it has the ✅ ZeroFX label
Are there any limits?
The following limits apply:
- bunq Free users can make payments up to €1,000 per year.
- bunq Core, Pro, and Elite users can make unlimited payments..
What is currency fluctuation prevention?
Currencies fluctuate continuously. To prevent these fluctuations from negatively impacting your account, we averaged them out by adding a 0.5% currency fluctuation prevention to the latest available rate when the markets are open. This means you’ll sometimes have a slightly worse rate, and sometimes have a slightly better rate. But over time this averages out, providing you the best possible rate when spending in non-Euro currencies.
How does that apply to me?
The currency fluctuation prevention applies to all currency exchange services within bunq: card payments, ATM withdrawals, and converting your funds between your local currency accounts.
Related topics
Want to learn more? Explore more bunq knowledge here 🌈
