[bunq] is this a legitimate bank ? And can it be used instead of other banks in Germany ? Like Sparkasse and n26

2 comments

1. I have been using Bunq in Germany for 1.5 years. Please be aware that Bunq may block your account if it is not regularly used for everyday transactions. For instance, I received a warning about suspicious activity because I was only transferring money from Bunq to another well-known online bank.

   Additionally, I encountered issues with setting up direct debit for D-Ticket, even though Bunq allows direct debit transfers.

   In general, I recommend opening a German bank account. This will provide you with a payment history in Germany and help you build a SCHUFA credit score, which could be beneficial in securing a rental lease.

2. I use this as a secondary bank account..generally for online purchases and subscriptions..works fine for me. I have benn using it for nearly 3 years now

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