The Viabuy Mastercard® with account functions is definitely not a card for “everyone” – but for some challenges, it is a more ideal solution than you might think at the beginning of this article …
On this page, you will learn the features of Viabuy. You will also get some tips and tricks on what special features are available and how you can use them cleverly. Let’s start with an overview of the most important conditions.
Summary of the most important advantages:
- Prepaid credit card with high embossing in a fancy design
- Fee-free charging through transfers
- Kontofunktionen: transfers, incoming payments
- Up to 3 partner cards are possible
- Use as business account is permitted
- Low fee of Euros 2.49 monthly converted from the annual rate
- Easy online application without need of evidence
- Card delivery within 24 hours.
Go directly to Viabuy: https://www.viabuy.com/
Summary of the most important disadvantages:
- 2.75 % foreign transaction fee at payments in foreign currencies
- Euros 5 fee for cash withdrawals at ATMs.
Why Viabuy can still be very interesting!
As mentioned above, Viabuy is not interesting as a card for anyone. For example, quite some of our smart readers like to travel and often withdraw cash abroad. For this purpose, the DKB simply is the number one choice.
Let’s take a look at the possibilities of use, where Viabuy can be an ideal solution.
No creditworthiness check
Since Viabuy works on a credit basis, there is no creditworthiness check. You do not have to fear a rejection of your account opening. No matter how good or bad your creditworthiness is, you will definitely get the Viabuy Mastercard.
Thanks to the sophisticated design in black or gold and high embossing, one cannot visually distinguish the Viabuy Mastercard from a “true” credit card!
Account is not entered at the SCHUFA (German credit investigation company)
With the Viabuy Mastercard, you currently receive a German bank account number (IBAN). This bank account is not entered at the SCHUFA or other data services. Only Viabuy, you and the person to whom you pass on your new account number will know about the bank account.
You receive a DE-IBAN
Practical protection against account seizures
“Viabuy” is the brand name. The issuer of the cards is the British company PPRO Financial Limited. In practice, account seizures almost never happen to non-British citizens at British providers.
Use as business account
Viabuy explicitly allows a business use of the account and the card. Now, compare the converted Euros 2.49 per month for account and card with what business accounts usually cost, if you even get one!
The comparison is somehow disparate, because the account functions at Viabuy are limited to incoming and outgoing transfers. However, these are the most frequently used features of a business account and these already help a lot of self-employed people.
The card can also be issued to legal entities (GmbH, Ltd.) (additional form).
Particularity: You can choose the name of the cardholder of the first card as well as the one of the partner cards freely. You can, for example, get the card issued on your company name or even your nickname! 21 characters are available for your individual name.
Note: If you choose a different name already for your first card, then the issuance of the card may be delayed. Of course, Viabuy checks whether rights of others are violated. However, you can see that the issuance on another name is possible on my own card!
Business account in Germany or the Euro-area
From our portal experience, we know that there are many small and large business owners abroad, who need a local bank account for an expansion to Germany/Euro-area in order to receive payments from customers. Viabuy is a really interesting option for this purpose!
Viabuy can be applied for from more than 30 European countries and is available in German language, in addition to eight other languages.
Account opening from the European abroad is possible
Moreover, one does not have to travel to Germany to open the account! The account opening takes place 100% online. The identification documents can be submitted online.
Use as an emergency account
For cautious people or the ones that want to create a “plan B”, Viabuy can be an interesting option. You get a Mastercard for reasonable costs with which you can withdraw cash or pay cashless around the globe. One cannot recognize that it is only a prepaid card.
You can park a money reserve free of interest (= no income is subject to tax → not report to tax authorities) in the account. In an emergency, you can use the card for withdrawals and payments or even make transfers through the account functions!
Doesn’t Viabuy offer more than one would have thought of the inconspicuous web presence?
What you should know, before you apply for the card!
1. Charging options
The simplest and most of all fee-free option for charging the card and account is the bank transfer. You receive the bank data automatically and immediately after the online application.
Moreover, there is the opportunity to charge with an instant transfer, Giropay, with other credit cards and various other foreign payment providers. However, these are subject to a fee.
A maximum of 3 charges per day and a maximum of 60 per month are possible. Please note this, if you plan to use the account for business. 99 percent of corporate customers, who know this rule, get along with it well.
2. Card activation and advance payment of the fee
As you have probably already read above, the monthly fee for card and account management is converted only Euros 2.49.
Since most costs incur for Viabuy during the provision of the card (order process, card issuing and shipping), the company charges the fees for the first 3 years in advance. In the price list, you can find the advance payment as an “activation fee””. Please note this at your first deposit.
From the 4th year on, the fee is charged annually (Euros 29.90).
3. Credit payments from third-party accounts
Credits from own accounts as well as through numerous charging options are immediately available for further use.
This is different at credit payments from third-party accounts (= current account with a different sender name as your name). These payments are shown as an incoming payment on the online account statement, but you can only use (spend, transfer) it after a waiting period of 14 days at its first incoming payment.
If after those 14 days another payment is transferred from the same third-party account, then it is no longer considered as “third-party” and you can use of it immediately. One needs to know about this rule, so that no conflicts occur.
Tip: If you transfer your salary payment to Viabuy as a new customer, you can speak with the customer service and agree on immediately unblocking the salary also at the first payment.
All Viabuy accounts are managed in EUR. Exception: You apply for the account through the Polish language version – there you can choose between EUR and PLN.
The account opening: Completed within 2 minutes!
Applying for the Viabuy Mastercard is super easy and done within 2 minutes. For this, please go to the website of the provider: https://www.viabuy.com/ and then click on “Get Your Card”.
Now you decide for the black or golden version (the features and conditions are the same). Then enter your contact information and click “Submit”.
You will be informed via e-mail about your account opening and at the same time, you receive your new account number in order to be able to perform the initial deposit.
Card delivery within 24 hours
Your Viabuy Mastercard is sent to you parallel – within 24 hours.
“Apply for Viabuy now”
… Mastercard with account function!
Questions about Viabuy?
Of course, I have also ordered the Viabuy Mastercard and use it to make own
Our regular readers know and appreciate this sincerity and authenticity. Perhaps, you will even become a recurring reader and enrich this page with your personal experiences, tips and tricks.
For this – and of course, for questions on applying for and the clever use of Viabuy – the comments box at the end of this page is activated.