Benefits of Bunq Easy Bank
Bunq Easy Bank means numerous benefits for users. Some of them include the following:
Quick and Easy Registration
You can get a functional Bunq Easy Bank account in as little as 5 minutes. What's more, you don't need a BSN (citizens service number, 'burgerservicenummer') when making an account. You have up to 90 days to include that in your account details, which is useful if you're new to the Netherlands and haven't been assigned one.
Bunq Easy Bank plan eliminates the administrative worries of setting up a bank account. The Bunq app, your email, phone number, and full name are all you need to begin the short registration process.
Safe to Use
Bunq has set up protective measures to ensure that your money stays protected no matter the plan you're on. Firstly, Bunq protects up to €100,000 of your money using the Deposit Guarantee Scheme of the Dutch National Bank.
Secondly, you can decide whether your cards come with a visible CVC code (the 3-digit code usually found on cards to authorize transactions) or not. Bunq gives you the option to store the code only on your bank app. So even if your card is stolen, your money stays safe.
Bunq also has other security features like 3D secure payments, Biometric ID, and instant push notifications to stay up to date on what's going on in your account.
Free Offers Abound
You enjoy so many things for free when you use the Easy Bank plan. For instance, you can get one free physical plastic card when you sign up for the plan. However, you don't need to get the cards to start transacting. Once you sign up, you can start making payments via Apple and Google Pay.
You have access to different IBANs (International Bank Account Numbers) which means you can spend in the local currency of the European country you are in without paying charges for currency conversion. This feature allows you to spend and save even when you travel.
On this plan, payments are instant and quick. You also have a variety of ways to send money to family and friends or pay for goods and services. You can schedule transactions or payments on the app. You can also transfer all your subscriptions to your Easy Bank account automatically.
You can split receipts with other bank account users or make payment requests. You can also auto-accept payments, so you never lose your money.