bunq Together

Mastercard Kredit

GriMM

Ist die Karte eine echte Kreditkarte?

thijsoost

Johannes. DE-(GE)🇩🇪 Yes! It's a Mastercard credit. Behind the scenes, the money is deducted from your account at the end of the month. But the bunq app makes it look like the money is deducted immediately.

So you can't spend money you don't have.

But besides that, the bunq Mastercard credit works like all other creditcards.

New-Emerald-Porcupine-3047921274

Nee het is een debit maestrocard

thijsoost

Azarya No, it's a Mastercard credit.

thijsoost

Azarya The Maestro card is indeed a debit card.

Declan-Lime-Unicorn

Thijs Then it's a debit essentially. Anywhere that accepts MasterCard will accept both so that isn't a good reason.

Establishments being able to put a hold on your account is only a downside really when it puts it hold on your actual funds,

And spending money you don't have yet but will have when you get paid an the end of the month is kinda the whole point of credit cards (when used properly)

Not to mention any rewarded like cash back, points collections (to spend on the cards store or in the likes of Amazon)., collecting points toward an airline account you might have (like avios).

So with all that said, what exactly she the benefits to a credit card that's not really what compared to literally every other credit-card in the planet?

Hsks

The Maestro card îs indeed a debit card

Hsks

Rabobank

thijsoost

pl0x No, that's not true. A terminal can accept Mastercard debit but reject Mastercard credit. Cashback is more a US thing, most creditcards from other European banks also don't offer cashback. Example why it's a creditcard: you still reveive interest over the money that's still in your account until the end of the month when the money is actually deducted from your account. If it had been a debit card, you wouldn't have received interest over the period from the payment until the end of the month. If you pay somewhere and ask the merchant: "What type of card am I using?", his system will say "Mastercard credit".

If you want a creditcard with an app that doesn't make it seem like the money is deducted from your account immediately, you're of course free to switch to a bank that offers this!

Declan-Lime-Unicorn

Why couldn't, for example, the "credit cards" have a limit of the monthly salary that Bunq already knows whom and set as it does now we a fallback. Then you can't spend money you don't have (yet) but can actually use it like a on almost proper credit card, since apparently the app just lies about your balance anyway?

New-Lilac-Sloth-1702461962

pl0x Well, that is how your bunq credit card already works. Your limit is set to your balance at the start of the month an increased/decreased by the money that gets added to /subtracted from the account during the month. At a specified time (the end of the month) all payments get subtracted from your account (just like any other charge credit card on the market).
In Bunq's UI it might look like a debit card, but in the background it is processed like any other credit card.

Do a BIN lookup or ask a trusted seller what his device displays, when you are using your bunq credit card -> "MasterCard Credit".
And that is the most important thing! It gets accepted at locations that may decline MasterCard Debit!

Declan-Lime-Unicorn

Cashback wad an example. And the UK (while in the EU offered it so it's not just an American thing)

The interest is only accrued on one of many (if you have the option) accounts. Not the entire balance of your whole account, so this is a pretty pointless response.

And as you well know, the Netherlands doesn't really do credit cards, I had to cancel my AMEX gold card when I moved here because no where accepted it and even MasterCard is barely accepted outside of Amsterdam (maybe Utrecht and other larger cities too) so the passive aggressive suggestion to switch banks is not exactly in good faith

Declan-Lime-Unicorn

Oh and what are the benefits of it being a pretend credit card but with all the utility of a real one removed. I did ask but notice that question must have slipped your notice

thijsoost

pl0x I already told you. You can use it at terminals that only support Mastercard credit. And you receive interest.

And there's no difference in acceptance in the Netherlands between a bunq Mastercard credit or a creditcard from any other Dutch bank, so how does this matter? Because bunq is active in 30+ countries, not only in the Netherlands and Belgium where Maestro is still mainly accepted. If you want a card that works everywhere in the Netherlands, just get the bunq Maestro debit.

But now we are discussing the benefits and drawbacks of debit and credit cards. That wasn't the point. The point is: the bunq Mastercard is a creditcard.

Declan-Lime-Unicorn

On one of many accounts not your entire Bunq balance (so hardly much of a benefit) and I've never seen a terminal that only supports MasterCard credit. In fact the only seriously the seen they only credit one card are the Maestro ones.

So that's, no benefits other they being able to use a card outside of the financially backwards countries of the Netherlands and Belgium. Which is useful. Thanks

New-Lilac-Sloth-1702461962

pl0x You haven't seen any a terminal that accepted MasterCard Credit but declined MasterCard Debit? Have you ever rented a car or booked an expensive hotel room? 🤣😂🤣😂
Theoretically, they shouldn't decline Debit MasterCards, but a lot of them do it.

Declan-Lime-Unicorn

Dennis That's not what I said,I said I've never seen a terminal that only accepts MasterCard credit. It they do they they also take visa and often AMEX too.

And yes I'm going to St machine Lane, again, next month which is a very expensive hotel in London. So best not to just assume and then laugh at your own (punching down) attempts and jokes.

Does the Viceroy hotel in Abu Dhabi (the one with the f1 track) count? The Armani hotel in the Burj Khalifa?

I could go on but I think I've made my point

thijsoost

Since comments under this post no longer contribute to the community’s positive atmosphere by being respectful but are becoming more negative, disrespectful and hateful, and because the comments are becoming off-topic, I've decided to close this thread, following our community guidelines. Thanks for understanding.