Due to own experiences, we do not recommend them anymore. Which part of Germany? Second question, I have applied for DKB and gebuhrenfrei and got rejected although I have been living in munich since 3 years. Can I do it? What Are The Best Free Credit Cards In Germany? Im really upset given that this situation was poorly handled by the banks employee. The issuing price at first glance is a little high, but for the next three years you wont have to pay any annual fees and much more important: It solves your problem! All Rights Reserved. PPRO Financial Ltd and with that Viabuy have bases in several European states. You can use it wherever MasterCard works. If you place an order on Mastercard Gift Card, you may get 30% OFF. In this case, theres no purpose to have a credit card. The Black&White Prepaid Mastercard comes with an online banking account, that you can use on any device. The Sapphire Card of Chase Bank costs 95 Dollar from the 2. year on. Online loans in Germany tested and the benefit for you! One of the best rewards cards for travelers is the Capital One VentureOne Rewards Credit Card. There are a few variations, e.g. Choose from more than 10 different templates. Order online and once your information has been verified, you'll receive your Card in the mail within 7-10 business days. Thanks so much. I live in Germany for 1 year and needed to buy furniture. Also, since December 2015 there has been a EU directive that limits the credit card fee for retailers (interchange fee) to max. This is very good for many things, however, Ive now noticed that for cashless payments outside EU, 1,75% surcharge will apply, meaning, when Im outside EU, I should either get cash money from ATM via Visa Card and pay by cash all the time, or willing to pay that 1.75%. Best of luck! Our vision is that buying prepaid cards online should be easy, fast and convenient. The Visa PayangoCard is a debit card with the functionality of a prepaid credit card. Many places do take credit cards in Germany, but not as many as in the USA. It will not make any difference to you in price, however, it allows us to keep Simple Germany alive and striving. That is the price to pay for not having to prove good credit. Can you recommend which bank in Germany offer that? Using Your Gift Cards Internationally | Bankrate.com The only legal possibility would be to find a provider who would be willing to provide you with a partner card with the name of your brother on it. Credit Cards in Germany | The most important facts on one page Guide to International Gift Cards - Nearside Mastercard VIABUY 3. The foreign currency fee is only 2,5%, and cash withdrawals have a 4,95 euro fee per ATM withdrawal. It is just extra money, right? Because I only configure a direct debit for Amex, theres no bank to talk. MORE+. Buy your virtual Mastercard Gift Card now with instant email delivery and use it within seconds. From the 2. year on a monthly incoming amount of 700 Euro would be necessary for the account (the money can be used for something else right away), in order for the interna-tional service fee to remain at 0%. Some of the best International Visa gift cards include: AAA MemberPay Visa Prepaid Card Green Dot Prepaid Visa Card TD Connect Reloadable Prepaid Card (fewer fees if you're already a TD cardholder) However, the accounting periods (Abrechnungsperioden) differ from bank to bank (DKB: 1 month, Comdirect: 1 month (until 2105 it was still 1 week), ING-DiBa: 1 day just to mention the conditions of the market leading direct banks). I am passionate about testing credit cards and services! Hi, you can find more information regarding the use of the Comdirect card abroad in our article here. For your first question, check out N26.com, For your second question, I dont think nationality is a problem. Similarly, their acceptance is relatively high in Germany. Empowering internationals to settle intolife in Germany more smoothly. We sold our first digital gift card in Germany in 2014. Each ATM cash withdrawal will be charged 5 euros regardless of the currency. Hi! Following, you can find the different types of credit cards and their functioning, as well as the requirements for the successful application. But for the next three years, one does not need to pay and card fees anymore. In combination with a current account, there is also a number of German banks that offer prepaid credit cards. These are usually between 1% and 3% at Visa and Mastercard. Do we have to inform the bank in person every time we travel or can we do this online ourselves? As of April 1, 2012, federal regulations made it difficult for gift cards sold within the United States to be used elsewhere. Commerzbank Prepaid Visa/Mastercard Final Thoughts Quick comparison of the best prepaid credit cards in Germany Just buy the card and activate it to use it anywhere anytime. Whether the plastic card is combined with a revolving account on which the credit card debt is accumulated or not. From TransferWise to only Wise but the services grow! I always travel with two credit cards. If one settles the credit card account on time so not only paying the minimum rate, but the full amount then everything is free for the customer. Get a better Dundle experience with the new app! Credit Cards accepted in Germany? - Germany Forum - Tripadvisor After the establishment of free credit cards at direct banks (Direktbanken), the major credit card companies have followed this example and offer now a credit card without annual fee too. Thank you for your time and consideration! As with all cards, you can apply efficiently online. with the Polish PLN-Viabuy Card. What credit cards can I use in Germany? However, the rechargeable Visa credit cards and MasterCards are colloquially called prepaid credit card in Germany. So now Im confused. Mastercard. Regarding the acceptance and rejection politics of offers that we do not actually know, we cannot give you any reliable information. Unlike credit cards, gift cards are usually issued by a retailer or bank. I appreciate your advice! The account number under which you can receive money, is with a German bank and starts with DE. Whoever wants to have a credit card with credit line for cashless payments and can waive on extras, such as an insurance package, will find enough offers without having to pay for the credit card. thank you for your nice posting! Could someone please clarify (in case I misunderstood) how a credit card in Germany could help me in this situation? This pleases the credit card companies, because it is their business model. Both prepaid cards and gift cards are loaded with a set amount of money. 60 XP (Experience Points) upon approval. The following credit cards have no annual or monthly fee. If the creditworthiness rating is still not good enough or there are only few creditworthiness entries (for example, if one moved recently to Germany), then one has the possibility to get the prepaid version at Comdirect. It seems that this card is not actively promoted and I have not yet found detailed information about this card on your DKB-page. 1.Open the Wallet/App on your device. However, some gift cards can be used at select international locations. Here are some gift cards that have limited use outside the US: Cards that have a little more freedom of use are those issued by Visa or Mastercard. The motivation of the financial industry is to earn more money from the customer. A single-purpose voucher is a voucher where the place of supply of the goods or services to which the voucher relates, and the VAT due on those goods or services, are known at the time the voucher is issued. It is also a great gift for family members living abroad and especially useful for young people. The premium cards in Germany advertise primarily travel insurance, no FX fees, and sometimes Priority Pass access. I have 300 euro debt, but this month I cannot pay it. Open the business account of the Postbank? That is an interesting challenge! The average private Viabuy customer will in 99.9 percent of the cases not be confronted with this and can use account and card comfortably and reliably. Probably you should check your schufa score. Redeem it within 6 months in MyPrepaidCenter to get your virtual Prepaid Mastercard details. The fees are a bit different than with the previous two providers. Recharging via bank transfer has a small fee of 0,95 euros. Here's an explanation for how we make money Deutsche Bank Credit card offerings. Since 2012 I stay in Ukraine, my account is still valid but Id like to change Gold card with standard card due to high charges and fees. It's also possible to pay with debit cards in many physical stores, and most do so via contactless card payments. And it's the only credit card made of titanium a sustainable metal known for its beauty and durability. This is the reason, why we can answer detailed questions. Advice #2: Loan rejected? In our community of smart banking customers, many are dissatisfied with the bad services and the frequent product decline as well. Flying Blue credit cards to earn Miles on everyday purchases - KLM You will have to pay a one-time fee of 69,90 euros and a yearly fee of 19,90 euros. You must be at least 18 years old and reside in the US or its territories to apply. There have been reports that some (many? This system is possible at the credit card companies, which are presented in Point 1b. Someone who has helped more than 100,000 people to obtain a new bank account in the past 7 years. The merchant does not allow split tender or partial payments with a prepaid card. The biggest insurance package is offered by the AMEX Platinum Card. Here: Viabuy. Prepaid gift cards by Mastercard are globally accepted, safer than cash & a perfect gift for everyone. What to do when you lose your 401(k) match, credit card with no foreign transaction fees, Capital One VentureOne Rewards Credit Card, 7 tips for using credit cards while traveling. In this case Tanja prefers ING-DiBa. If you are able to create an account for yourself and link a US cc you can search for gift card and purchase gift cards. When it comes to prepaid credit cards in Germany, I couldnt find one card without fees. The industry is currently investing in the corresponding infrastructure. Simple Germany is a trademark registered in the European Union. Activate Mastercard Debit Card Online One of the easiest ways to activate your card is to use your desktop, laptop or mobile device to log in to your bank's online portal. Minimal card fees are welcome. This furniture will be delivered at my house and a guy from the store will process the payment in the delivery day with my credit card (Amex), which is coming by mail. Top 5 German Credit Cards - My German Finances Even at my request to simply arrange the breakdown service and bearing the costs myself, no one felt capable of helping me. See the best current cash bonus promotions here. PayPal. Thanks so much! This way, one saves on expensive lending rates. Mastercard gift card You can generally use a Mastercard gift card anywhere in the world where Mastercard is accepted. I resist in Lithuania, but shipping is not an issue, because there are some service providers who gives you an address in Germany, so I can use it for shipping my purchased goods. Create a Custom Card Pre-designed Gift Cards Save time and choose from 100's of unique designs perfect for all occasions. Notify me of followup comments via e-mail. Make sure to redeem your gift card code within 6 months after the purchase. Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you. This process can be repeated several times. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. For our readers we concentrate on the best German accounts and cards (from our subjective point of view) and on niche products that in special cases suit our audience of smart banking customers. Thank you! Bon-Kredit Euros 1,000,000 in loans are paid daily! From your article I guess the only options are viabuy, payangoCard or onlinekonto.de? More than half have already cancelled their account. And the service standard of American Express is at international average. With this, German banks choose a consumer-friendlier way than many foreign competitors. The credit card service of German banks is generally better. I want a credit card like gebuhrenfrei but is it possible that I can set the limit/overdraft to zero? The Mastercard Black&White Card is an awarded high-quality prepaid credit card with no annual fees. (Germany) ,Mint MasterCard Credit Card and Capital One UK: 5466: Citibank, MBNA & Chase World MasterCard Credit Cards, 5466 04: Complete the checkout process safely and quickly with a choice of more than 70 payment methods. The credit card company will automatically increase the limit. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Through the current account, the bank knows the creditworthiness (Bonitt) of the customer and provides a corresponding credit line. Open a business account online in Germany for an abroad company, Account system for self-employed persons in Germany. Bankrates editorial team writes on behalf of YOU the reader. Get cards from a German store chain, like Saturn, Galleria Kaufhof, Media Markt, or if all else fails, Amazon.de. editorial integrity, So you turn to your gift cards instead. No debt trap or interest rates. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. i have a very good salary which comes directly to my Deutsche Bank. 8. Is it the same way in Germany? A: These holiday issued cards will not allow you to register a zipcode, which is needed when paying at the pump, or in my case paying a bill. Statistically, every 80th German is a Euro millionaire which means, has assets of at least 1 million Euro (assets minus debts). But the problem is that particular eshop detects my cards origin and rejects the payment and says that it is not the German one. The actual service? Thanks in advance! This German credit card has several advantages: No monthly/annual fee. You can also get gift cards and prepaid cards with the Mastercard logo at big box stores like Walmart, Target and Sams Club. Did I understand you well, and the best options for these requirements is DKB or comdirect? So, I will pay the full price for the furniture, and the total amount will be directly debited from my account? Of course, given that many of Europe's most popular tourist destinations also happen to be hailed for their culinary delights, few of us would likely cook even with a kitchen. You might be able to buy a gift card at Amazon.de. All other features, such as withdrawing cash fee-free at the corresponding ATMs, apply to the prepaid version as well as to the true credit card. Advanzia Mastercard Gold (aka Gebhrenfrei) 4. I already have two with Deutch bank each 10000 limit. Mastercard - Black&White (Prepaid) - My German Finances 5,98 euros) +1,75% foreign currency fee on non-euros ATM cash withdrawal 1,75% foreign currency fees no English website for the prepaid card. Should you accept an early retirement offer? Sometimes, these are even foreign companies. The Mastercard debit card is a Maestro card. Free Credit Cards in Germany - 2023 - Banks Germany Free Credit Cards in Germany - 2023 Last Checked :January 7, 2023 Gebuhrenfrei Mastercard Gold 2. 2.Follow the on-screen instructions, including entering your card number manually or taking a picture of your plastic card. Hello Gregor, thanks for you feedback. Good luck for your business! Hi, Outgoing transfers will be sent from a German bank account as well. How can I check my prepaid virtual Mastercard balance? Some credit card companies offer to withdraw cash (Bargeld) from the ATM (Geldautomaten) free of charge. Visa and Mastercard are widely accepted in Germany. gift card olympic: 105: bananacoast community credit union limited: 104: commercial bank of ethiopia: 104: nepal sbi bank limited: 104: albaraka turk katilim bankasi a.s. 103: banco de caja espana de inversiones salamanca y soria s.a. 103: romanian commercial bank s.a. - banca comerciala romana s.a. 103: bank of the philippine islands: 100 . Commerzbank is 7,9 Euro pro Monat and Deutsche Bank is around 6,5 euro, what do you recommend? The complaints regarding the blocking of amounts are in part due to the fact that some people overlook (or have forgotten) that deposits from own or known accounts are credited immediately, but payments from strange accounts (i.e. These cookies collect information about how you as a visitor use our website. The term prepaid credit cards is a contradiction in itself, as a previous money deposit on the credit card account has nothing to do with a loan. editorial policy, so you can trust that our content is honest and accurate. With a credit card, you can withdraw money at any ATM worldwide. $106.00. Unsupported accounts. There are more than 2,000 banks and even more card models in Germany. Who absolutely wants to have a Platinum-card anyway, can query the PDF-application through the customer service. The registered office of the company actually is in Great Britain. It is based on standards and agreements developed by the German Banking Industry Committee.. German girocards are usually co-branded with Mastercard's Maestro/Cirrus or Visa's V Pay logo, allowing cardholders to use them in other European countries. A few specific Mastercard gift cards for international use include the following: Are you aware of how much you have learned about credit cards in Germany today? Various types of credit cards are also issued in Germany. Travel and health-related risk insurances should rather be concluded through a good insurance broker, because he/she selects the best for the customer out of several providers. Using a credit card in Germany - Finder UK Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Hi Tanja, I have a creditcard from Sparkasse. Credit card accounts and therefore credit card debt exist according to the US-American model in Germany, but they are only offered by a few suppliers and are used accordingly little. Joker MasterCard - Novum Bank Limited Anyway, Amex does not belong to the top cards in Germany. Particularly good are the free Visa Cards of DKB and Comdirect. Even at American Express that officially requires income amounts for specific credit cards, check this so laxly that one can specify almost any amount. Directly after purchase, your virtual Mastercard Gift Card code will appear on your screen and simultaneously be sent to your email address. Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. Such vouchers are issued by the taxable person, who can calculate the VAT upon transfer. This website uses cookies to provide you the best user experience. The application process takes 3 minutes. Difficulties came up again and again. That means about 80% of the stores. Will the credit card from gebuhrenfrei be a better option in this case? Use the card number, security code and expiration date to make your online payments securely. Mastercard in Europe is providing payments technology solutions connecting billions of individuals, merchants, financial institutions, governments & businesses. Especially for expats, a prepaid credit card without a SCHUFA credit check is a fantastic alternative, whether you have unsuccessfully tried to apply for a true credit card or simply want to be in control of your spendings. Thanks. Mastercard Gift Card - $100 + $6 Fee. The card is sold in Germany through Points of Sales and can be activated online on the Joker Card website. Our vision is that buying prepaid cards online should be easy, fast and convenient. Do you know which banks offer them? Its transactions will be debited immediately from the current account. Doesnt it sound very wrong that they are giving it on the basis of nationality? Money2Go Prepaid Mastercard 5. However, your Mastercard gift card must be labeled as usable internationally because some are designed for the American market only. Your recipient simply clicks a link to claim their gift and will be provided with a 15-digit Visa card number . You can live in Germany without a credit card, but you do not have to! While we adhere to strict Ive applied for comdirect and got my account. Bankrate.com is an independent, advertising-supported publisher and comparison service. $29.00. Additionally, American Express is only rarely offered by banks. From my point of view, it is not particularly attractive, because it only includes insurance services for the annual fee of currently Euros 250. Hi Tanja, How high is the credit line supposed to be? It really is a pain. To find out more about cookies, read our Cookie policy. Not only will you be free of foreign transaction fees, this card also has no annual fee. It's consistently regarded as one of the best free credit cards in the country (it even received a fancy Finance Award in 2020) by publications such as Focus Money.. 2. Is it possible to make credit limit/overdraft limit to zero in gebuhrenfrei or DKB? The reason is that they have to pay a fee for the credit card payments (1% to 3% for Visa and Mastercard). Withdrawing cash has a set fee of 2,49% regardless of the currency. I have been paying the complete bill monthly. We value your trust. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. A bit tricky: For a successful account opening you will need a bit of credit history in Germany. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. That is called a Pre-paid instrument, which is effectively digital cash. A credit card allows you to make purchases outside the Eurozone. Celebrate a friend's birthday or a loved one's wedding shower with a Vanilla Visa Gift Card. Sorry we are a specialized web portal regarding the best German direct banks, so we hardly ever write about local bank branches. high-quality card with embossing quick and easy online application English website and customer service, 69,90 euros one-time issuing fee 19,90 euros yearly fee 0,9% recharging fee via SEPA bank transfer 9,95 euros / month if inactive after 12 months 5 euros / cash withdrawal in Germany and abroad 2,75% foreign currency fees. For instance, which pages visitors go to most often and if they get error messages from web pages. The N26 Mastercard debit card - accepted worldwide I am Indian and I got a credit card from Gebhrenfrei within a month or two after coming to Germany. Guide to eGift Cards + Top Frequently Asked Questions, What To Try If Your Prepaid Card Is Declined. Do you believe that German consumers are generally debt averse? For some customers, who are e.g. I have been living in Germany for three years now, first as a student and now with a stable job. Good luck! South Africa, our cards are blocked. Allgo Mastercard Gift Card | Cardholder Website Why TransferWise for international transfers? There are plenty of offers without credit card fees. Plastic GiftCard Virtual e-GiftCard Send a virtual GiftCard anywhere in the world. Step 3Spend online. I was Platinum Business customer in 2012-2013 as a summary Id like to say, what American Express Germany does best, is marketing. First, you need to register your card for 3D Secure on portal.allgogioftcard.com. Skip to Content Manage Cookies You can find the Maestro logo (somewhat related to the Mastercard logo) on the back side of your Mastercard. Therefore, it is difficult to give a permanently valid overview. 1. Use your bank ATM card to get cash at bank ATMs in Germany. To use your prepaid credit card for such purposes, you need to have wired enough money onto the credit card before you can use it. A prepaid credit card only works if you transfer money from your checking account before use. There are several providers of prepaid credit cards that have an elegant black design. Germany: Supported payment methods - Google Wallet Help Instead of an issuing fee, it has a higher yearly fee. One obtains the combination of current account and credit card at an Internet bank the easiest way, as it is part of their business model to make money out of the credit card transactions (interchange fees from trading). To-day, you can even pay with a credit at discounters like ALDI. If one is a customer at a credit card company or would like to become a customer there, one can also order the automatic billing. He should call his bank. While purchases in euros are free of charge, there is a 2,75% fee on foreign currency purchases. 24/7 emergency service in case of loss or theft (+49 (0)89998298610) Hi, it is possible to use an US debit card in Germany? Prepaid options are great, but youll likely be best prepared for international spending with a credit card with no foreign transaction fees. But where do most breakdowns occur? So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information.