Step-by-Step Guide to Getting the Hanseatic GenialCard

The Hanseatic GenialCard is a no-fee Visa credit card that offers flexibility and convenience for everyday use.

If you’re looking for a simple way to apply and start using this card, this guide will walk you through each step.

You’ll also learn about the card’s fees, features, and how to avoid common issues during the application process.

What Is the GenialCard?

The GenialCard is a free Visa credit card issued by Hanseatic Bank with no annual fee.

It offers flexible repayment, worldwide acceptance, and interest-free purchases for up to 3 months.

Features and Benefits

Here’s a clear list of the GenialCard’s key features and benefits. It makes it easy for you to see what you get and why it matters.

No annual fee ever: Use the card without any yearly charges.
Free worldwide payments & withdrawals: No fees for purchases or ATM use abroad; third-party ATMs may charge.
Flexible repayment: Pay full balance or in installments; 17–19% APR, with 3 months interest-free.
Mobile wallet support: Works with Apple Pay and Google Pay.
Contactless up to €25: Tap-to-pay for fast, small purchases.
Cashback & deals: Up to 7% cashback on travel and 100+ online stores.
No new account needed: Use your existing German bank account (IBAN).
Credit limit up to €2,500: Based on your credit score, the starting credit limit is €500.
Easy management via app: Control limits, block card, and access support.

Interest Rates and Fees

Here’s a clear breakdown of the interest rates and fees you need to know. This helps you avoid surprises and manage costs wisely.

Annual fee: €0, permanently.
ATM withdrawals in Germany: €3.95 per transaction.
ATM withdrawals abroad: Free; external ATM providers may apply their fees.
Foreign currency payments: No fee; uses Visa’s exchange rate.
Revolving interest rate: 17.05% nominal, approx. 18.45% effective APR.
Installment payments: First 3 months interest-free on new purchases.

Eligibility Requirements

To be eligible for a successful application, you must meet specific conditions. These requirements help the bank assess your creditworthiness and identity.

Minimum age: 18 years old
Residency: Must live in Germany
Bank account: Requires a German IBAN
Stable income: Regular earnings from employment or pension
Credit check: A positive Schufa credit score is necessary

Documents & Info Needed

Before you start the application, gather the required documents and personal details. Having these ready will speed up the process.

Valid ID: Passport or German national ID card
Proof of address: Utility bill or registration certificate (Meldebescheinigung)
Bank account details: German IBAN and bank name
Contact info: Active mobile number and email address
Employment details: Job title and monthly income

Step‑by‑Step Application

The application is entirely online and can be completed in just a few minutes. Follow these steps to avoid delays or errors.

Click “Jetzt beantragen”: Start your application on the official website.
Fill in the application form: Enter your personal, financial, and contact details accurately.
Verify your identity: Choose between PostIdent (in person) or VideoIdent (online video call).
Wait for credit check results: The bank conducts a Schufa credit check; approval typically occurs within 1–2 business days.
Receive and activate your card: The card will arrive by post in approximately 7–10 days. Activate it via the app or website.

Using the Card After Approval

Once your card is approved and delivered, you can begin using it immediately. Here’s how to manage and make the most of it.

Activate the card: Use the mobile app or website to activate before your first use.
Set up a PIN: Choose or change your PIN through the app for secure access.
Link to mobile wallet: Add the card to Apple Pay or Google Pay for contactless payments.
Enable contactless payments: Tap to pay for purchases under €25 without entering the PIN.
Manage limits and repayments: Use the app to set spending limits and choose repayment mode (full or partial).
Withdraw cash: Use at ATMs worldwide—note that third-party ATM fees may apply.

Credit‑Score Impact

Your credit score plays a key role in the approval process and how you use the card later. Here’s how the card can affect your Schufa rating.

Initial credit check: A Schufa inquiry is conducted during your application, which may result in a temporary score dip.
Timely payments help: Paying your monthly bill on time boosts your credit standing over time.
Missed payments hurt: Late or missed payments negatively impact your Schufa score.
Credit utilization matters: Using too much of your limit regularly may lower your rating.
Account age counts: Keeping the card for a long time can help improve your credit history.
Limit increases reviewed: Higher credit limits may be offered if your score improves with usage.

Travel & Insurance Benefits

Here are the travel and insurance benefits available for the GenialCard. You’ll see what’s included and what extras you can opt into.

Optional travel insurance: Not included by default but can be added via Hanseatic Bank’s portal.
Up to 7 % travel discount: Save on bookings made through the bank’s travel portal.
No foreign transaction fees: Helps keep costs down while traveling.
Free ATM withdrawals abroad: Use your card at global ATMs (external ATM fees may still apply)

Common Pitfalls & Tips

To avoid delays or rejection, be aware of common mistakes people make during the application or card use. These tips can help you stay on track.

Incorrect personal details: Double-check your name, address, and income info before submitting.
Poor internet connection: Use a stable connection during the VideoIdent process to avoid failure.
Low credit score: A weak Schufa rating may lead to rejection—check your credit before applying.
Overlooking ATM fees: Some ATMs may charge a usage fee even if the card doesn’t.
Skipping repayment settings: Set your monthly repayment option right after activation.
Ignoring app features: Use the app to track spending, manage limits, and block the card if needed.