In Germany, cash is king. Most day-to-day purchases are done in cash – even though other payment options are available. Germans just prefer the anonymity of the tangible transaction and do not like to make purchases on credit cards in Germany.
However, the big department stores and supermarket chains offer all kinds of payment methods including credit cards. Credit cards are a great option for making purchases in Germany as they are often completely free, widely accepted, offer fast contactless payment (NFC) and can also be used online.
Whether you’re an entrepreneur looking for a convenient way to manage your business finances or an employee who wants an easy way to pay for everyday expenses without incurring additional costs or fees; these four credit cards offer some great options for those living in Germany who want an easy yet secure way of managing their finances while enjoying added benefits such as extended payment periods along with comprehensive travel insurance coverage which can provide invaluable peace of mind when travelling abroad.
So if you’re looking for a reliable source of funds while taking advantage of exclusive perks then these four credit cards are definitely worth considering.
The WÜSTENROT VISA GOLD card offers an interest rate of 0%, no annual fee, and up to 40 days of interest-free payments per billing period. With this card, you can also enjoy 3% cashback on all purchases made at supermarkets and drugstores (up to €200/month), as well as 1% cashback on all other purchases. The WÜSTENROT VISA GOLD card also offers extensive travel insurance coverage that includes emergency medical care, lost luggage coverage, and rental car insurance.
The MasterCard Gold Card from Advanzia Bank is a great way to pay for your everyday expenses without incurring any additional costs or fees. This card offers 0% interest rate on all transactions, no annual fee, and up to 45 days of interest-free payments every billing period. Furthermore, this card also comes with comprehensive travel insurance coverage that includes emergency medical care, lost luggage coverage, and rental car insurance.
The American Express Platinum Card is one of the most prestigious credit cards in Germany thanks to its luxurious design and exclusive benefits such as access to airport lounges around the world, complimentary hotel upgrades when available at participating hotels worldwide, complimentary memberships to select luxury clubs around the world (e.g., VIP lounge access at selected golf courses), unlimited access to over 900 airport lounges worldwide with Priority Pass membership etc..
The Platinum Card also offers 0% interest rate on all transactions with no annual fee or extra charges for foreign transactions; additionally it provides up to 60 days of interest-free payments per billing period along with comprehensive travel insurance coverage that includes emergency medical care, lost luggage coverage and rental car insurance.
The Mastercard from Norisbank is yet another great choice for those looking for a straightforward way of managing their finances while enjoying added benefits such as 0% interest rate on all transactions with no annual fee or extra charges for foreign transactions.
And it also provides up to 55 days of interest-free payments per billing period along with comprehensive travel insurance coverage that includes emergency medical care, lost luggage coverage and rental car insurance.
It should be noted that this card does not come with any rewards program but it does provide peace of mind due its high security measures which include chip & pin protection as well as 3D secure technology for online shopping .
Using credit cards responsibly can help improve credit scores over time. Many credit cards also offer reward point systems which allow customers to redeem rewards for certain products and services. Let’s explore the benefits of using credit cards in Germany.
Credit card usage offers many financial conveniences that cash or personal checks cannot provide. For example, with a credit card, you do not have to worry about carrying large amounts of cash on you when making a purchase or running out of money at an inconvenient time. Additionally, you do not have to worry about writing personal checks as payment for any goods or services because the cost is simply charged to your credit card account each month. This makes it much easier for individuals who prefer not to carry a lot of cash on them when making purchases.
Using a credit card responsibly is one of the best ways to improve your credit score over time. By paying off your balance each month on time, you are demonstrating responsible uses of a line of credit which will help improve your score overall as long as your payments are made on time each month. This is an important factor if you ever plan on taking out a loan such as an auto loan or mortgage loan in the future since lenders look at your credit score before approving any loans or lines of credits.
Many banks offer reward point systems with their credit cards which allows customers to redeem rewards in exchange for certain products and services such as airline tickets or hotel stays. These points typically accumulate through normal use of the card over time and can be redeemed by members at any time once they have accumulated enough points. This is a great way for individuals to save money in the long run by being rewarded just for using their cards regularly like they normally would anyway; it’s like getting free money!
For international students who are looking to study and explore in Germany, access to a credit card is an important task. While it may be more readily available domestically, obtaining a credit card for an international student can still be less challenging than one might think. With the right documents and knowledge, acquiring a favorable credit card in Germany is easier than ever before.
Access to a credit card in Germany as an international student doesn’t have to be difficult if done properly.
The first step to getting a credit card in Germany as an international student is meeting the basic requirements. You will need to have proof of residence in the country such as a valid student visa or residence permit along with a German bank account. Once you’ve established these two items, you can begin your search for the right credit card that fits your needs.
Germany has many well-known banks that offer different types of cards with various features and benefits at varying rates and fees. You will want to do some research beforehand and compare the different options among banks such as Citibank, Barclaycard, American Express, and MasterCard.
Be sure to read through all of the terms and conditions associated with each card before making your decision so that you understand exactly what you are signing up for.
Make sure that all fees associated with your chosen card are clear to you before applying – this includes annual fees and interest rates, which can vary from bank to bank. Also make sure that any rewards associated with the card provide tangible value for you so that you get the most out of it.
Having access to a credit card in Germany can provide many benefits including helping build your credit score which can come in handy when applying for other financial products such as mortgages or auto loans in the future. It also brings convenience into daily life by allowing purchases both online and offline without having to carry around cash or write checks every time you need something. Additionally, certain cards offer rewards such as cash back or points which can be used towards future purchases or travel expenses – giving extra incentive to use them regularly.
