Berlin. Whether to withdraw cash on vacation, to book a rental car or to pay on the Internet: a credit card can be useful for many areas of application. The magazine “Finanztest” (issue 5/2023) subjected 32 of them to a test. The result: Good cards do not necessarily have to be expensive. Six of them received the rating “recommended”.
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Among them only one with a connected free current account, the Mastercard of the Norisbank. The five other recommended ones – the Visa World Card from ICS, the Visa cards from Awa7 and Barclays, the Genialcard from Hanseatic Bank and the Germany Credit Card Classic from Paysol – debit transactions from an existing current account. The cards received their award because they were the cheapest for both travelers and users who use them to shop online and in shops.
Cheap cards offer hardly any additional services
The annual price for the cards is between 0 and 19 euros, there are sometimes differences in the fees for using the card and in the services. For example, travel insurance is not included with any of the cards, but Barclays offers Internet delivery protection insurance, Awa7 makes tree donations when opening a credit card account and for every 100 euros spent on the card. The other four cards come with no additional services.
“Finanztest” recommends making sure when selecting the card that a partial payment is not activated in the first place or that it can at least be switched off manually. This is the case with the recommended ones. Where the partial payment cannot be turned off, invoice amounts will only be partially repaid in installments. For the outstanding balances, if they are not settled in time, sometimes stately interest has to be paid – between nine and over 20 percent.