This is a strange one. Bunq have launched a “Travel Card” which appears to basically be a debit card that is branded as a credit card.
They’re promoting it as having better acceptance for things like car rental deposits. I’m sure they like being able to charge 50% more in interchange.
To be honest, I’m surprised MasterCard allows them to do this. They’ve basically taken a card linked to a bank account, and called it a credit card without providing any credit facility. Does anyone have any insight into how they’re allowed to do this?