Bunq Travel Card Review

Bunq is another of the new digital banking apps that comes with a payment card. We have already written about similar digital banking apps such as Monese , Revolut and N26.

Bunq does have “premium” accounts that come with a monthly fee – but here we are looking at the Bunq Travel Card which has no monthly fees.

So how does the Bunq Travel Card work?

The Bunq Travel Card is a prepaid Mastercard credit card but it works just like a debit card. Every payment will be immediately deducted from your Travel Card balance. This means it will be accepted like a credit card for car hire and hotel reservations unlike debit cards. (as long as you have enough money loaded on it) . No credit checks are required.

There is a one off fee of €9.99 to order the Bunq travel card.

Spending : The Bunq travel card has a massive €50,000 daily spending limit. You can reduce this and set your own limits in the app. This would be ideal for large non-euro purchases. See this article for information about paying for a car in the UK

Bunq Travel card uses the Mastercard Exchange Rate with no foreign exchange fees.

Bunq is a fully licenced EU bank (unlike Monese and Revolut) – so your money is protected by the Deposit Guarantee Scheme of the Dutch National Bank (DNB) up to €100,000

The Bunq Travel Card can be used with Apple Pay by customers in Ireland as well as Italy, Spain, France, Germany, Belgium and the Netherlands,

It can be used with Google Pay by customers in Ireland as well as Italy, Spain, France, Germany and Belgium,

ATM withdrawals cost €0.99c each – and there is a €500 daily limit on how much you can withdraw at an ATM . (Bunq use the Mastercard Exchange Rate)

Topping up the Bunq travel card…

  • is free if you do it by bank transfer .
  • Top ups by an EU debit or credit card will incur a 0.5% fee
  • Top ups with a non-EU card will incur a 2.5% fee

Top up daily limits: There is no limit on the amount you can top up your Euro Bunq account by bank transfer. But when topping up by debit card – €2000 a day is the maximum load.

Bunq is a fully licenced EU bank (unlike Monese and Revolut) – so your money is protected by the Deposit Guarantee Scheme of the Dutch National Bank (DNB) up to €100,000

You can sign up for a Bunq Travel Card Here

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