Yanni Hufnagel: The Success Story of Advanzia Bank

Advanzia Bank was launched in 2005 in Luxemburg. Right from the start, the company concentrated on credit card solutions for businesses, private customers and financial institutions. The company has experienced immense growth ever since it was founded. This has made it one of the major online credit card providers in Germany.

Since it is a pure direct bank, Advanzia doesn’t have any physical branches of its own. For those who use the credit card offer, having a branch doesn’t make sense because the credit card is connected to the Mastercard system.

Advantages of Advanzia Bank

One major benefit of a direct bank is the ability to reach customers much faster compared to a branch. Advanzia has a toll-free service for all its customers. You can use different communication channels to reach the bank.

Customers can also contact the bank through a telephone number at any time of the day or night. Additionally, there’s a paid phone number dedicated to cellular networks and international calls. Advanzia’s customers can also access customer support through the website’s portal.

Advanzia Mastercard Gold

This is a free-free credit card offered by the bank. The Advanzia Mastercard Gold comes with a wide range of extra services compared to the standard version. For example, cardholders have an insurance package when renting a car.

What Are The Costs?

This is a free-free credit card. This applies throughout the lifespan of the credit card. Besides, there are no foreign transaction charges. With Advanzia Master Carcard Gold, you can access the following charges for free:

• Card mailing
• Withdrawal of cash at counters or ATMs globally
• Card lock
• Pin replacement
• Emergency card replacement
• Invoice dispatch
• Invoice duplicate

Debit Interest

The debit interest of 1.58% applies to all cardholders immediately after withdrawing cash every month. In case you fail to settle the invoice, it doubles by the 20th of the following month.

Travel Cancelation Insurance

Advanzia Mastercard Gold also comprises free travel insurance, a form of good basic protection. The cover is offered by the LIoyds insurance company and is valid provided pay at least 50% of your travel cost via the Advanzia Mastercard Gold.

Advanzia Bank was launched in 2005 in Luxemburg. Right from the start, the company concentrated on credit card solutions for businesses, private customers and financial institutions. The company has experienced immense growth ever since it was founded. This has made it one of the major online credit card providers in Germany. Since it is a…