• Joint account, joint Mastercard

Thank you so much for making this clear, so the Pins make the differentiation between IBANs. Would be useful if bunq together had an explanation of all this, it's a great set-up but not obvious.
Thank you everyone for your help & advice, much appreciated.

    Thank you, that explains it perfectly - my search obviously didn't find that. Thanks again

      I'll have a good study of these - I've learned a lot today, thank you fellow bunqers

        Can someone pin the knowledge link as a favourite topic? Would be helpful!

          @Teddy-A#34052 Remember: cards are not tied to accounts. When you order a card you have to select an account that will be printed on the card but that’s about it. After that you can connect and it on the fly (yes real-time, again and again and again) to whatever account you want to use it on. Connect it to your groceries account and pay at the supermarket. Connect it to your gadget account and pay for some nice toys at your local electronics shop. Connect it to your weekend account and pay for some beer. All real time!

          The good thing is: you can connect one card to two accounts at the same time, you can then easily switch between those two accounts by just entering a different pin. Very useful to switch between your daily groceries account and your second account that you use most often when not doing groceries.

          This works for both MasterCard and Maestro btw: switch as often as you want.

          About the account number on the cards: some companies want to verify your account number on the card (some mobile phone operators want this for example) so choose wisely. But for your daily payments the account number in the card is irrelevant. You can connect the card to connected accounts, joint accounts, etc.

          Welcome to bunq, a whole new way of clean banking. No money laundering scandals here. No insane banking bonuses, no sketchy investments with your money. Just a good product, with a clear pricing.

            Arjan - thank you, very helpful. You bring up a good point, if paying over the phone & I have more than one account on one card, how do I «choose wisely» the card number so I pay with the account I choose ?

              @Teddy-A#34074 If paying over the phone, you will either be asked for a IBAN, then you can give any bunq IBAN.. or for your „credit“ card number.. but then this means MasterCard number in this case.. and the bunq MasterCard doesn’t have the link to a account.
              So you give your MasterCard number and the money will be debited to your MAIN account (the one to which your MasterCard is linked to at that time).
              Only Maestro cards are having a IBAN printed on them.. I still don’t know why, the example of telephone providers doesn’t make sense to me, as I don’t pay them by card usually...

              Please someone correct me if I’m wrong

                @Tobi-H#34204 mobile telephone providers use the card as "proof" that you are the one who has control over the account on the card. It's to prevent you from giving some random IBAN number to them. To me it would seem more secure if they would do an ideal payment of 1 cent but I guess that's harder to get working in all the different phone stores. Other companies will do a 1 cent charge if you want to change the IBAN of their direct debit.

                  @JeroenE#34228 I see, thanks. That really sounds old school. And kind of unnecessary, as most services in the world are fine when they have your personal details and maybe a signed direct debit agreement.

                    @Tobi-H#34229 Sure, but most services don't hand over an expensive phone to a random person who walked into the store 15 minutes ago. They live from people paying them monthly so they can't/won't do big deposit like when renting a car. If they'd do that they'd lose most of their customers.

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