A Credit Card Without a Bank Account? It’s Possible !
You have searched a long time for a credit card that offers you the best options. You have finally found the card that you think fits with all the insurance and guarantees you need. However, the latter is only distributed by another bank than yours and you wonder if you can enjoy it without having a bank account in this financial institution.
Have a credit card in another bank
Generally when applying for a credit card, the banks ask the holder to open a bank account at home. This seems to facilitate the repayment of the loan, but above all allows the banks to acquire new customers.
However, some banks, in order to play the competition, allow to subscribe to certain cards without opening a bank account at home. This allows, in the short term to have a new clientele and in the medium and long term to convert it.
Therefore, if you are a customer in bank X, you can have a credit card matching your expectations in bank Y. This allows you to more easily enjoy the various benefits that you can get with a credit card and without having bank account at this financial institution. .
Conditions of obtaining
The conditions for obtaining these credit cards are pretty basic. Conventionally, you must be 18, be a resident of Belgium or Luxembourg and not be on the blacklist of the CCP. In addition, there are specific conditions for each bank (minimum income, employment, etc.).
Different options without having a bank account
There are different credit cards that do not require changing bank or bank account. These include the Daisybank cards, including the Daisybank Extra World Mastercard, which includes insurance and attractive benefits: the cardholder benefits from a cashback advantage on all purchases made including those online, which allows him to recover a maximum 100 euros discount per year. Also included is purchase insurance for theft and accidental damage . In addition, you can benefit from an extended warranty of electrical and electronic equipment (for more information do not hesitate to consult our article on the warranty extension ) and safe online insurance. The annual fee is 5 euros.
Other cards without the need to change accounts also exist, such as some cards from Eurosave Bank, BuyWay and Cofidis. However, they do not have additional advantages.
Repayment of credit
The refund of your credit will be done through your bank account (even if it is housed in another bank). Indeed, it is necessary to link your credit card to this one.
You now have all the information you need to choose your credit card without a bank account. Feel free to compare different credit cards on our site.