What you need to know about Credit Card in The Netherlands

FAQ about Dutch Credit Cards

FAQ about Dutch Credit Cards

Find the most relevant answers to your questions about Credit Cards in the Netherlands.

This article is published 14 June 2023. Last Updated on 5 February 2024.

In the Netherlands, finding the best credit card can be a game-changer for your financial transactions, providing convenience, security, and a host of valuable benefits. Whether you’re a resident, an expatriate, or a traveler exploring the vibrant Dutch landscape, understanding the credit card landscape is essential to make the most informed choices.

1. Why do you need a Credit Card in the Netherlands?2. Do you need a Credit Score in The Netherlands for a Credit Card?3. What is the Dutch BKR?4. What is the difference between Visa, Mastercard and American Express in The Netherlands?5. Do I need a Debit Account in the Netherlands before opening a Credit Card?6. Where can I compare Dutch Credit Cards?7. What are Prepaid Credit Cards in the Netherlands?8. How do I request a Credit Card in The Netherlands?

Why do you need a credit card in the Netherlands?

There are several compelling reasons why having a credit card in the Netherlands can be advantageous:

Convenience: A credit card offers a convenient and widely accepted payment method.

Online Shopping: Many online retailers and service providers prefer credit card payments.

Travel: If you frequently travel within the Netherlands or internationally, a credit card becomes an invaluable companion.

Emergencies and Unexpected Expenses: A credit card can serve as a financial safety net during emergencies or unexpected expenses.

Purchase Protection: Many credit cards offer purchase protection, safeguarding your purchases against theft, damage, or loss.

Do you need a Credit Score in the Netherlands for a Credit Card?

In the Netherlands, having a credit score is not a mandatory requirement for obtaining a credit card or accessing financial services. You need to have a positive BKR registration to apply for a Credit Card or access other financial services like: Loans, Mortgages or other products. Expats, Students and Immigrants will start with a clean sheet, meaning they can apply directly. You can see here our top 5 recommendations.

What is the Dutch BKR?

The Dutch Bureau Krediet Registratie (BKR) is a credit registration agency in the Netherlands. It maintains a database that records credit information and payment behavior of individuals in relation to loans and credit facilities. The BKR collects and stores data on various types of credit, such as personal loans, mortgages, credit cards, and overdraft facilities.

The BKR database serves as a tool for lenders and financial institutions to assess the creditworthiness and risk profile of individuals when considering loan applications. It provides them with insights into an individual’s credit history, outstanding debts, and any payment arrears or defaults.

Having a record with the BKR does not necessarily indicate a negative credit status. It is common for individuals in the Netherlands to have BKR registrations, especially if they have loans or credit facilities. Lenders rely on this information to make informed decisions regarding credit applications. See their FAQ for more information.

Dutch Credit Card Mastercard Gold in Netherlands
Mastercard Gold

Price: € 3,00 / Per Month

What is the difference between Visa, Mastercard and American Express in The Netherlands?

Looking for a credit card in the Netherlands? Compare Visa, Mastercard, and American Express for the best fit. Visa and Mastercard offer broad acceptance and varying fees, with wider global acceptance. American Express provides premium benefits with higher fees. Consider your needs and choose wisely for the Netherlands and beyond. You can read more in our Comparison Tool.

Do I need a Debit Account in the Netherlands before opening a Credit Card?

In the Netherlands, it is always necessary to have a debit account (bank account) before opening a credit card. Many credit card issuers may require you to have a bank account for verification and payment purposes, it doesn’t necessarily have to be a debit account specifically. Some credit card providers may allow you to link your Credit Card to a savings account or a different type of bank account.

It’s important to note that credit card issuers may have specific requirements regarding the type of bank account they accept for credit card applications. When applying for a credit card, check with the issuer to understand their specific account requirements and ensure you have the necessary banking arrangements in place.

Visa World Card Dutch Credit Card
Visa World Card

Price: € 3,00 / Per Month

Where can I compare Dutch Credit Cards?

To compare Dutch Credit Cards, MyDutchFinances created a comparison page where we looked into the credit card and the fine print to see the best offers that fits your needs.

What are Prepaid Credit Cards in the Netherlands?

Prepaid credit cards in the Netherlands are payment cards that require you to pre-load funds before use. They offer convenience without the need for a credit check or credit line. With prepaid cards, you set your spending limit and can use them for various transactions. While they help with budgeting, they do not build credit history. Prepaid Credit cards provide a flexible payment option for those seeking control over their spending.

How do I request a Credit Card in The Netherlands?

  1. Use MyDutchFinances to research different Credit Cards that fits your needs.
  2. Check Credit Limit, Price (Annual Fee & Interest Rate) and terms & conditions.
  3. Request a Credit Card via ICS (all Visa & Mastercard must be applied for via ICS).
  4. Fill in all documentation and forms needed.
  5. Wait for the BKR registration (the Credit Card Firm will check that for you)
  6. Be Patient and find your new Credit Card in the mail.

Enjoy your new Credit Card!

Where can I find more information regarding Credit Cards in the Netherlands?

Please look at our comparison tool to get more detailed information on the best Credit Cards in the Netherlands. You can also have a look at our top 5 selected Credit Cards that are favourable for using in the Netherlands.

Introduction of the author: Roger

Roger is a Dutch citizen with experience living and working as an expat in multiple countries. Roger has a deep understanding of the complex Dutch financial landscape and is able to provide insights and expertise to help other expats make informed financial decisions.