Advanzia Gebührenfrei Credit Card is a great Mastercard gold credit card that offers many benefits. You can use it for free without any annual fees, even when you’re abroad. Get travel insurances with it and have a real credit line. You can borrow money and have up to 7 weeks to pay it back without any interest.
Important Features of this Free Credit Card in Germany
The Advanzia credit card has some important conditions that you should know about. First, itis completely free, with no annual fees. You can use it anywhere in the world without any extra fees for foreign transactions, which is great for traveling. The card also includes travel insurances, which can be very helpful when you’re on a trip.
One of the best features of the Advanzia credit card is that it gives you up to 7 weeks to pay back any money you borrow without charging any interest. This means you can borrow money without worrying about paying extra fees.
It’s important to know that while the Advanzia Gebührenfrei credit card is free to use, you need to be careful about paying back the borrowed money on time. If you don’t pay it back on time, you may be charged high fees. So, make sure to pay back what you borrow promptly.
The advantages of the Advanzia Gebührenfrei Mastercard Gold
The Advanzia Gebührenfrei Mastercard Gold has many advantages. The first and most important one is that it is completely free to use. There are no annual fees, even if you don’t use the card at all.
Another advantage is that you can use the card anywhere in the world without any extra fees for foreign transactions. This means you can use the card to pay for things in other countries without worrying about paying extra fees.
The Advanzia Gebührenfrei credit card is a real credit card that allows you to borrow money and have up to 7 weeks to pay it back without any interest. However, you need to be careful with paying back what you borrow on time, or you may be charged high fees. If you have an iPhone, you can use Apple Pay to pay with your smartphone for free.
Another advantage of this Free Credit Card in Germany is that it includes insurance benefits that can be very helpful when you travel. These benefits are included for free, without any additional annual fees.
Insurances are included with Advanzia Gebührenfrei Credit Card:
- Travel luggage insurance
- Travel cancellation insurance
- Travel health insurance
- Travel accident insurance
- Private liability insurance for abroad
To use the insurance benefits that come with the Advanzia Gebührenfrei Credit Card, you only need to pay for 50 percent of your trip with the card. However, since this card is free to use, the insurance benefits may not be as good as other credit cards.
The amount of money you can claim for damages may be lower, and you may have to pay up to 20 percent of the costs yourself. The travel health insurance benefits are similar to those offered by other credit cards in Germany.
Cash withdrawal with the Advanzia Gold Credit Card
The Advanzia Gebührenfrei Credit Card website says that there are no fees for taking money out of ATMs. However, there is something you should know before you do this.
Even though there are no fees for ATM withdrawals worldwide, you will be charged an interest rate of 23.89% per year from the first day you take out money. This means that the interest-free period of up to 7 weeks does not apply to cash withdrawals, like it does for purchases made with the card.
The disadvantages of the Mastercard Gold free of charge credit card
There are some disadvantages to using the Advanzia Gebührenfrei Credit Card. You need to be careful with repayments and cash withdrawals, because the bank charges high interest rates.
Every month, you will get a bill that you need to pay within 20 days. If you pay the bill in full, you won’t be charged any interest. But if you choose to pay in instalments, the interest rate is high at 23.89% per year.
It’s also important to know that if you withdraw cash using the card, you will be charged the same high interest rate. So, it’s best to avoid taking out cash.
You can only pay the monthly bill by bank transfer, so you need to make sure to pay it on time. The bill will be sent to you by email, so you need to check your spam filter to make sure you receive it.
Another disadvantage is that you cannot keep the credit card in credit, which means you can’t add money to it like you can with some other credit cards.
You can read my complete Review of the Advanzia Bank Gebührenfrei to learn more about the billing process so that you never pay interest on using this free credit card in Germany
So is the Advanzia Gebührenfrei Credit Card worth it?
If you’re okay with paying the bill by bank transfer and can avoid taking out cash, the Advanzia Gebührenfrei Credit Card is a good option. You can use it when you travel, and it can be used at hotels and car rental companies. You won’t have to pay any extra fees for payments made in foreign currencies, no matter what currency they use.
Even though the credit card doesn’t have an annual fee, it still offers a travel insurance package. However, the insurance coverage may not be as extensive as other credit cards for example like the TF Bank Credit Card.
Overall, the Advanzia Gebührenfrei Credit Card is a good option if you’re looking for a credit card that is free to use, gives you 7 weeks to pay back borrowed money without interest, and offers travel insurances. Just remember to pay back the borrowed money on time to avoid any additional fees. You can read my comparison article If you want to see how this free credit card in Germany is compared to TF bank.
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Disclaimer: None of the content in this article is meant to be considered as investment advice, as I am not a financial expert and am only sharing my experience. The information is based on my own research and is only accurate at the time of posting this article but may not be accurate at the time you are reading it.