What is so special about bunq premium?
By default bunq Premium gives you 3 bank cards. You can choose if you want 3x Maestro card, 3x Mastercard Debitcard.
You can also choose for two Mastercard Debitcards and one Maestro card, or the other way around.
If you want to order just one Maestro (or Mastercard Debitcard), that's also possible. With a Maestro card you can almost pay anywhere in Europe, but with the Mastercard Debitcard it can be hard to pay in in a local grocery store in the Netherlands for example.
If you're doing an online purchase and the webshop doesn't support iDeal (Dutch online payment method), then you can always use your Mastercard Debitcard.
The Mastercard Debitcard shouldn't be mixed up with a Mastercard Creditcard. With a Debitcard the payment is deducted from your bunq bank account right away, just like it is with a Maestro card.
At bunq all your cards (Maestro and Mastercard Debit) have 2 PIN-codes. This gives you the possibility to pay (at a payment terminal) from two different bunq accounts with just one card.
Als je PIN #1 gebruikt, dan wordt de transactie afgeschreven van rekening #1 en als je PIN #2 gebruikt, dan betaal je vanaf rekening #2. How convenient is that? If you ordered three bank cards, you have the possibility to pay from six different bunq bank accounts.
bunq gives you the possibility to open 25 piggy banks.
The only difference with most of the other banks is that these piggy banks, are just full bank accounts. Complete with their own IBAN number.
So at bunq you can have a piggy bank which you use to pay your rent/mortgage or other fixed costs, and use a second piggy bank for the daily groceries. This way you can easily order you financials, so you will have enough money for you fixed costs and your groceries.
You can off course pay online with most of the (Dutch) banks, in the Netherlands mainly by using iDeal.
Too bad a lot of (mostly foreign) webshops don't support iDeal and therefore it is very convenient that you can order a Mastercard Debitcard with your bunq account.
This is a card that combines the pro's from a Maestro (most populair bank card in the Netherlands) with those of a Mastercard Creditcard: payments with your Mastercard Debitcards are deducted from your bankaccounts immediatily, so you don't have a credit line with your account. So you won't see any unexpected costs at the end of the month (a creditcard payment).
At (almost) all Dutch banks you can open a and/or account. So you (and your partner) share a bank account. You are both 50% owner of that bank account.
At bunq you can open a joint (and/or) account with more then 2 persons. Imagine that you are going on a holiday with a group of friend and you want to take good care of your shared financials during your trip.
Open a bunq account and 'Connect' everybody in the group to the Holiday account you created. Every group member can connecthis/hers own bank card (Maestro and/or Mastercard) to this account and make payments with it.
At bunq you can send your own iDeal payment requests.
If you sell something through eBay (or Marktplaats) for example or a friend forgot to bring his own card and you make a payment for him.
With bunq you can send that person a iDeal payment request through SMS, mail, WhatsApp, or any other social media app. When the payment is made, the money is in your account in just a couple of seconds.
With the most banks it is possible to change your own PIN through the banks own ATMs.
With bunq you can just use the bunq app to change your PIN. It's easy!
Just like most of the functions in the app, you really know how special the bunq direct debits are if you have used them.
You can whitelist any direct debit upto a certain amount.
The first time this direct debit takes place you have to approve it. When you approve it, you have the ability to whitelist it. With whitelisting you can approve the next direct debit, so you don't have to approve it every months. Nothing special so far.
What makes the bunq direct debits so special is that you can limit them. So if your mobile phone provider deducts € 25,00 for the first three months, this will be deducted automatically, since you whitelisted upto the amount of € 25,00.
If your mobile phone provider tries to deduct € 30,00 in the fourth month, it wont be deducted automatically and you have to approve this direct debit manually. If your balance is not sufficient to automatically accept a direct debit, you also have to manually approve the direct debit.
What is also possible (with an insufficient balance) is to redirect the direct debit to one of your other bunq accounts.
With bunq you can open up to 25 bank accounts, which you can all use as piggy banks.
So it is very easy to create a piggy bank to save money for your upcoming holiday, or a shiny new gadget you want to buy.
In the bunq app it is also very easy to see your total balance from (a subset of) all your piggy banks. This way you always see how much mony you put in your piggy banks, or (if you selected all your accounts) what the total balance if all your accounts is.
On Android you can use Tap & Pay, you can compare this with contactless payments that other (Dutch) banks offer.
On this moment there is no other bank (at least in the Netherlands) where you can use your iPhone to make contactless payments. bunq has (officially only in Spain and Italy at the moment) support for Apple Pay. For Dutch (and other EU customers), it's also possible to enable this, but you need to do some manual configuration. Read our FAQ for more info, or ask your questions on our forum).
At bunq it is very easy to start your own crowd funding page. Just create your own bunq.me page in minutes, with just a few taps in the bunq app.
The link to this page can you share with friends and familiy. They can make a donation (through their own banking app) with iDeal.
With every transaction you make you can also automatically save a percentage by round the amount to 1, 2 or 5 euro.
Imagine that your round the amount to 2 euro. Then you make a payment (with iDeal, Direct Debit or with your bank card) of 2,45 euro. Now 1,55 euro (because rounded up to 2 euro) is saved in one of your piggy banks.
This piggy bank has its own IBAN, but you can not see the balance directly in the account overview. You only see the percentage of your savings target (what you have set in advance) for your piggy bank.
The topics which you see above are subject from which we think they make bunq premium a unique offer. Besides the bunq Pack (where you can save on premium costs together with a group of 4 bunqers), you can also take bunq Premium by yourself.