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Hanseatic Bank Credit Cards in Germany
- Hanseatic Bank GenialCard: Free revolving Visa credit card with flexible repayment and no annual fee. The GenialCard ranks among the best free credit cards in Germany.
- Hanseatic Bank GoldCard: Premium revolving Visa credit card with travel insurance and worldwide free ATM withdrawals.
- Cash Withdrawals: Hanseatic Bank GenialCard – Free worldwide (except in Germany); Hanseatic Bank GoldCard – Free worldwide, including the ability to withdraw cash in Germany without fees. ATM operator fees may apply.
- Foreign Currency Fees: No fees on card payments in foreign currencies with either card.
- Travel & Lifestyle Benefits: GoldCard includes travel cancellation, baggage, and medical insurance. Both cards offer exclusive discounts on travel bookings and other partner services via Hanseatic’s partner portals.
- Digital payment methods: Every Hanseatic Bank Visa card supports contactless payments via NFC and mobile payments via Apple Pay and Google Pay.
- Why It’s Good for Expats: No need to switch your current account – Hanseatic cards work with any German bank account. Fully digital application. Financial flexibility with a Credit line up to €10,000, depending on creditworthiness. An app in English is available – a rare feature among German credit cards.
Overview of Hanseatic Bank Credit Cards
Founded in 1969 in Hamburg, Hanseatic Bank has evolved into a trusted credit card company known for user-friendly digital banking and transparent terms. With a focus on providing convenience, flexibility, and attractive features, Hanseatic Bank’s credit cards have gained popularity among consumers.
The bank offers 2 different types of cards, the Hanseatic Bank GenialCard and the Hanseatic Bank GoldCard, to meet diverse customer needs — one free and one premium. Both cards are Visa credit cards and are widely accepted at over 100 million locations globally.
Hanseatic Bank credit cards are revolving credit cards. Revolving credit cards are the most common type of credit card in Germany, offering the option of monthly payments or full settlement. You receive a credit limit with the cards and can decide whether to pay outstanding amounts in a single payment or opt for monthly installments to settle your credit card bill.
A minimum monthly payment of 3% (at least €20) is required for the installments. You are also free to make additional payments at any time. New GenialCard customers enjoy an interest-free payment period of up to 3 months on their credit card bill for all purchases.
The cards support mobile payments with Apple Pay and Google Pay, contactless transactions via NFC, and online payments with Visa Click to Pay.
The advantages of these credit cards include worldwide free card transactions with no foreign currency fees, as well as free cash withdrawals abroad (with the GoldCard also available in Germany).
Cash withdrawals in Germany are possible not only at ATMs but also at participating retailers. However, Genial Card users incur fees when withdrawing cash in Germany.
You don’t need a Hanseatic Bank account to get the cards. You can use them with any German current account.
You can use the mobile banking app or the traditional online banking of the credit card bank to manage your cards.
Both credit cards support Visa Click to Pay – a digital payment system that simplifies and secures online shopping. Instead of entering your card details manually for every purchase, you can click the Click to Pay button at checkout. Your Visa card is already safely stored, and your information is automatically filled in. This enables fast, convenient, and secure online payments without requiring repeated entry of sensitive data.
Hanseatic Bank GenialCard
The Hanseatic Bank GenialCard is a revolving credit card that has gained recognition as one of the best free credit cards in Germany. It offers the following advantages:
- No annual fees
- Initial credit limit of up to €2.500
- Free worldwide payments in online shops and stores, including foreign currency transactions
- Free cash withdrawals are available worldwide (note that ATM providers may charge their own fees); withdrawals in Germany are subject to a fee.
- Flexibility to choose between partial payment and 100% monthly direct debit.
- Widely regarded as one of the top free German credit cards for everyday use and travel.
Hanseatic Bank GoldCard
The Hanseatic Bank GoldCard is designed for travelers and offers comprehensive travel insurance coverage. Here are the key features of the GoldCard:
- No annual fees for the first year for new customers (€35 from the second year unless annual turnover is at least €3,000)
- Initial credit limit of up to €3,500
- No foreign currency fees
- Free ATM withdrawals worldwide, including Germany
- Comprehensive travel insurance
The Hanseatic Bank offers flexible credit limits tailored to your financial situation. The GenialCard provides an initial credit line of up to €2,500, while the GoldCard offers a credit line of up to €3,500. Depending on your creditworthiness, these limits can be individually increased – typically up to €10,000. If you hold multiple Hanseatic Bank credit cards, they share a common credit limit.You can request a credit limit increase directly in the banking app or via online banking. Simply enter your desired limit and provide details about your employment status and current income. The bank requires your consent for a renewed credit check with Schufa. You’ll usually receive a response within 1–2 business days, ensuring your limit is adjusted in a timely manner. The new limit applies to both purchases and your monthly credit card bill.
Pros and Cons of Hanseatic Bank Credit Cards
Here are some advantages and disadvantages of Hanseatic Bank credit cards to consider:
- No annual fee for GenialCard.
- Access to cash withdrawals worldwide without fees.
- Option to pay the full credit card bill each month or use flexible installment plans.
- Each credit card supports contactless payments, including mobile wallets like Apple Pay and Google Pay.
- Extensive travel insurance package and smartphone insurance for GoldCard.
- Access to exclusive discounts and offers.
- Hanseatic’s GenialCard is a great option for anyone looking for free credit cards with modern digital features.
- GenialCard acceptance may not be available to all applicants.
- Annual fee for the GoldCard from the second year.
- Minimum turnover requirement for waiving the GoldCard annual fee.
- No free cash withdrawals with the Hanseatic Bank GenialCard within Germany
Fees of Hanseatic Bank Credit Cards
Understanding the fees associated with Hanseatic Bank credit cards is crucial when making your decision. Here’s a brief overview of the fees:
- Hanseatic Bank GenialCard: no annual fee, no fees for worldwide payments in online shops and stores, and free cash withdrawals worldwide except Germany (ATM providers may charge their own fees). Partial payment incurs an annual interest rate of 16.45%.
- Hanseatic Bank GoldCard: no annual fee for the first year for new customers, from the second year: €35 annual fee (waived with an annual turnover of at least €3,000), free cash withdrawals worldwide (ATM operators or bank branches may charge individual fees), foreign currency transactions outside the European Economic Area incur a 2.00% fee, higher annual percentage rate when using partial payment (21.79%).
Features of Hanseatic Bank Credit Cards
Hanseatic Bank credit cards offer features that distinguish them from many other German credit cards, particularly for international users. Some notable features include:
- Repayment Flexibility: You can choose a flexible repayment method, either paying in full each month or selecting flexible installment options. This means the card could be used as both a revolving credit card and a charge credit card.
- Travel Insurance Coverage: GoldCard holders benefit from an extensive travel insurance package that includes travel cancellation and interruption insurance, foreign travel health insurance, baggage insurance, flight and baggage delay insurance, and smartphone insurance.
- Exclusive Discounts and Offers: Credit card holders gain access to various discounts and offers, including a voucher portal and exclusive deals on travel bookings.
- Contactless Payments: All Hanseatic Bank credit cards are equipped with contactless payment functionality, enabling you to make quick and secure transactions with just a tap.
Compare Hanseatic Bank Credit Cards
When comparing the Hanseatic GenialCard and Hanseatic GoldCard, consider your financial priorities and lifestyle to determine which option best suits you. If you prefer a free credit card with flexible payment options, the GenialCard might be a suitable choice. If you travel frequently, the Gold Card offers free withdrawals worldwide and comprehensive travel insurance coverage.
How to Apply for a Hanseatic Bank Credit Card?
Requirements for both cards are:
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- Minimum Age: You must be at least 18 years old.
- Regular Income: Proof of a regular income is required.
- Residency: You need to be a resident of Germany.
- Valid Mobile Number: You must have a valid mobile number.
- Credit History: A positive credit history enhances your chances of approval. Hanseatic Bank conducts a Schufa credit check before issuing its credit cards.
To apply for the Hanseatic GenialCard, you can follow these simple steps:
- Online Application: Fill out the application form online with your personal details, which takes approximately 5 minutes. You will receive an immediate decision on your application.
- Identity Verification: Verify your identity through a video call and digitally sign the application.
After completing these steps, your GenialCard will be mailed to you shortly, and you can begin using it immediately.
The bank generally processes credit card applications very quickly. Immediately after registering and filling out the application form, you will receive preliminary information about whether your application has been approved or rejected, along with your expected credit limit. You can start using your virtual credit card before the physical card arrives, which typically takes 7–10 business days.
A positive credit history enhances your chances of approval. Hanseatic Bank conducts a Schufa credit check before issuing its credit cards, and your Schufa Score plays a key role in determining your credit limit.
Alternatives to Hanseatic Bank Credit Cards in Germany
Germany offers a wide range of credit card providers, including fintechs like N26 and traditional banks such as Deutsche Bank and Comdirect. While Hanseatic Bank offers 2 strong German credit cards, it’s essential to consider alternative credit cards available in the German market. Some considerable credit card offers include:
- Deutsche Bank Credit Cards: Deutsche Bank offers a range of credit cards with diverse benefits and features, catering to different needs.
- N26 Credit Cards: N26 offers a digital banking experience through its credit cards with a combined current account, providing convenient features, no foreign currency fees, and a user-friendly mobile app.
- Comdirect Credit Cards: Comdirect offers credit cards with cashback benefits, no foreign currency fees, and various other perks.
N26 and Comdirect also offer free credit cards (Visa or Mastercard debit cards) with mobile apps and no foreign transaction fees.
We tested both the Hanseatic GenialCard and the Hanseatic GoldCard to evaluate their real-world performance, especially for expats in Germany. The GenialCard impressed us with its simplicity, flexible repayment options, and absence of annual fees — making it one of the best truly free revolving credit cards currently available. The GoldCard stood out for frequent travelers thanks to its comprehensive insurance package and free ATM withdrawals, even within Germany.
Both cards can be used without requiring an opening of a Hanseatic Bank account, and the fully digital application process is straightforward. While a Schufa check is required, there’s no need for an existing customer relationship or an employer-based income bank account — making the cards accessible even for newcomers still building their financial footprint in Germany. In our experience, both products are reliable, flexible, and well-suited to the everyday needs of expats.
Compared to many other credit card providers in Germany, Hanseatic Bank stands out for its low fees, global usability, and expat-friendly application process.
Conclusion
Hanseatic Bank credit cards are a great choice for expats in Germany who value financial flexibility and independence. The GenialCard is ideal for newcomers seeking a cost-effective entry into the German credit system, with no annual fee and optional installment payments. The GoldCard is better suited for frequent travelers who want robust travel insurance and fee-free cash access worldwide. Both cards can be used without a German salary bank account, making them especially attractive for freelancers, remote workers, and international professionals who are still settling in. With a digital application process and modern app-based management, Hanseatic Bank credit cards provide a practical and accessible solution for a wide range of expat lifestyles.
Unlike some other credit card banks, Hanseatic Bank does not require opening an internal bank account to receive their credit cards. You can use the card with all standard German bank accounts, including online-only banks.
Frequently Asked Questions
Hanseatic Bank credit cards provide free cash withdrawals worldwide. However, ATM operators or bank branches may charge their fees. If you use the Hanseatic Bank Genial Card and withdraw cash in Germany, you pay for each transaction a fee of €3,95.
Yes, Hanseatic Bank credit cards allow balance transfers to a bank account, subject to applicable fees and terms.
In case of loss or theft, contact Hanseatic Bank immediately to block your card. Hanseatic Bank provides 24/7 customer support for such situations.
Hanseatic Bank credit cards are protected by Visa’s global security standards, which include EMV chip technology (a globally accepted standard that stores encrypted data on a microchip for enhanced protection), 2-factor authentication (2FA), and Visa Secure (formerly Verified by Visa) for online purchases. Transactions are monitored in real-time for unusual activity, and unauthorized use is protected by liability insurance. The Hanseatic Bank mobile app also offers security features like card locking, spending limits, and push notifications for every transaction. This ensures that your card remains safe, both online and offline.
Yes. Many German credit cards, including those from Hanseatic Bank, are Visa or Mastercard-based and can be used worldwide.
No, Hanseatic Bank does not currently offer a prepaid credit card. Both the GenialCard and the GoldCard are revolving credit cards with flexible repayment options.
If you’re looking for a prepaid credit card in Germany, consider offers such as the N26 Virtual Prepaid Mastercard, the Commerzbank Prepaid Mastercard, or the PayCenter SupremaCard Mastercard. Prepaid cards do typically not require a German bank account and a Schufa credit check.
Several other free credit cards in Germany are popular among expats. The TF Bank Mastercard Gold and the Advanzia Gebührenfrei Mastercard Gold are both revolving cards with an extended interest-free payment period, travel insurance, and no foreign currency fees or withdrawal fees worldwide. They are not linked to a specific current account. These credit cards can also be a great choice. However, they have high interest rates if you opt for the installment option.
Another strong option is the Trade Republic Visa Debit Card, which allows free cash withdrawals worldwide for amounts over €100 and also charges no fees for card payments abroad. All 3 cards offer digital applications and are widely accepted internationally, making them excellent alternatives to free credit cards for travelers or digital nomads.
