Hallo 🙋‍♂️ who’s known about Credit card with overdraft or cash credit. When I’m opening the bank account I’m going reading about real credit card without my debit or income information.

    @Rafaelomg#247612 Hey 👋,
    please note that bunq doesn’t offer any consumer loans or a credit line right now! The Mastercard Credit is behaving like a “real” creditcard while used, but do not offer a real credit line, you have to have sufficient funds on your account.

    🌈 More info about this here:
    https://together.bunq.com/d/24396

      What do you mean behaves like a real credit card? In the same way that the MasterCard Debit (which it is) would, by getting accepted wherever MasterCard are accepted?

        @Declan-Lime-Unicorn#247646 MasterCard Debit (which it is

        It's officially a Mastercard Credit. Just bunq does not offer you a credit line. But in the background, whenever you make a purchase, that money is collected and your monthly credit card bill automatically gets paid on the 1st of every month. You don't have to worry about it like with a debit card, because bunq does it all for you and does not allow you to spend any money twice, but the money still generates interest on your account every month until the 1st, so technically it's still yours, just with no way to access it.

        Also from a technical standpoint, the cards are credit cards. It's printed "Credit" on them and when you read them out with a card reader, they present as credit cards, not as debit cards. Therefore, acceptance is the same as a credit card (which is the point of all of this).

        In the end, of course feel free to call them any way you want, there's not really an established term for cards that work like this. "Secured credit card" comes close, but it's different, as these normally work with a deposit and you still technically go into debt every month that you then have to pay. Just that if you're not able to pay, your deposit can be used, so you're not actually gonna carry the debt any further. Basically a kind of "secured credit card" that works even simpler and with even less risk.

          Jakob changed the title to Does the bunq credit card come with a credit line?.

            @Jakob-Y#247651 Le paiement en 3-4 fois fonctionne avec la carte de crédit du coup ?

              @Jonathan-Azure-Lion#247696 If that's something offered to you by a shop then you can do it. It's not a feature of the card itself.

                5 months later

                @Jakob-Y#247651 So have I got this right, I don’t need to pay my credit card as I traditionally would? Because it is linked to my acc it is using my money and not credit therefore I don’t need to settle it?

                  @New-Maroon-Dingo-3164111243#271712 Yes, that's correct.

                    Nope, it’s doesn’t but it’s got that way , so you spend what you actually have

                      3 months later

                      Hi , I have ordered for master card, but I want to know how I can put money into my master card account

                        @New-Fuchsia-Husky-3596744486#275301 You don't add money to a card, you add money to an account. If you then connect a card to an account, you can pay. It also works this way at most other banks.

                        You can add money from the Home page in the bunq app, by tapping "Add > Money". You can change to which account your card is connected by opening the card from the Home page and tapping "First sub-account".

                          Write a Reply...