Advanzia Bank, whose headquarters is located in Munsbach, Luxembourg, is a digital bank that provides people and companies with innovative financial products and services. The bank, which was founded in 2005, is well-known for its Gebuhrenfrei Mastercard credit card, which is one of the most popular credit cards in Germany.
The bank has over one million clients in Europe and is licensed and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
The primary product of the bank is its Gebuhrenfrei Mastercard credit card, which offers several perks such as no international transaction fees, no annual fees, and up to 7 weeks of interest-free credit. In addition, the card provides cashback benefits and travel insurance. Customers may manage their credit card accounts online or by using a bank app, which is available for both iOS and Android smartphones. Customers may also use the app to check their balance, monitor their transaction history, and pay their invoices.
Advanzia Bank gives extensive information about its fees and charges on its website in order to be open with its customers. A dedicated customer support staff is also accessible to address any questions or issues that customers may have. The bank engages with its clients on a regular basis through email and social media, providing them with information on new goods and services as well as recommendations on how to use their credit cards safely.
The bank also provides savings accounts and personal loans in addition to its credit card offering. Customers may borrow up to €50,000 with a fixed interest rate and a payback duration of up to 84 months with the bank’s personal loan program. The savings account product is available in a variety of currencies and provides reasonable interest rates. Overall, Advanzia Bank is a trustworthy and customer-focused financial institution that provides innovative financial products and services to people and companies across Europe.