Alpha Bank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Alpha Bank is a Greek lender whose rewards credit card offers a credit limit of up to €15,000 and pays points rather than cash back. It suits card users who clear the balance each month, and less suits anyone drawn by a lower annual fee than €30.
Key facts
Pros and cons
Pros
- Points on everyday spend, with rewards listed for the card (points), put something back on normal purchases.
- Help is available on phone, chat and help centre, so a cardholder can pick up the phone or start a chat.
- The bank lends directly (direct lender) and has been trading since 1879, so the card sits with an established provider.
- Borrowing runs to personal, secured and car loans (personal, secured and car), with home improvement as the listed use (home improvement).
Cons
- The annual fee of €30 is well above the €0 most cards in this comparison charge, so the card costs to hold before any spend.
- An APR of 17.75% sits above the 15.5% for cards here, which makes any balance carried from month to month expensive.
- Rewards come as points rather than a straight rebate (points), so the worth of the scheme depends on how you redeem.
Who it suits
- Greek customers who want a rewards card from a bank founded in 1879.
- Cardholders who clear the balance each month and so never carry interest at 17.75%.
- Borrowers after a personal, secured or car loan (personal, secured and car) who want one bank for the card and the loan.
Who should look elsewhere
- bunq, if the annual fee is the deciding factor: it charges €0.
- Wise, if you would rather keep the annual fee at £0 than collect points.
- Varo Believe Secured Credit Card, if a secured card is the aim: its annual fee is $0.
How Alpha Bank compares
- 9.3 vs 8.6
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 8.5
9.3 vs 9.4
9.3 vs 9.3
9.3 vs 8.7
9.3 vs 9.2
9.3 vs 8.7
9.3 vs 9.3
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.8
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 8.7
9.3 vs 9.4
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.6
9.3 vs 8.5
9.3 vs 8.3
9.3 vs 9.5
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 8.9
9.3 vs 8.8
9.3 vs 8.8- 9.3 vs 8.8
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.4- 9.3 vs 8.0
9.3 vs 8.0
9.3 vs 8.0
9.3 vs 8.0- 9.3 vs 8.0
9.3 vs 9.1
Frequently asked questions
What does the Alpha Bank credit card cost to hold each year?+
The card carries an annual fee of €30, which is above the €0 most cards in this comparison charge. A holder pays that every year, so the card suits people who will use the limit and collect points rather than keep an idle card in a drawer.
What interest do I pay if I carry a balance?+
Interest on the card runs at an APR of 17.75%, above the 15.5% for cards in this comparison. That rate is the cost of carrying a balance, so the card is aimed at people who pay in full each month rather than at someone planning to borrow month to month.
How much can I spend on the card?+
The card sets a credit limit of up to €15,000, which sits above the €526.18 borrowing figure across the site. It is a credit card, not a debit card, so spending draws down the limit and has to be paid back, which suits planned monthly spending more than a single large purchase.
What rewards does the card earn?+
Spending earns points (points), the reward type listed for this card, rather than a cash rebate. Points suit cardholders who redeem them for specific goods or bank perks, since the worth of the scheme depends on the redemption. Cash back is the more common reward among the cards compared here (45.9%).
How do I get help if something goes wrong on the card?+
Support covers phone, chat and help centre. A cardholder can call about a disputed transaction, start a chat for a quick question, or work through a help centre at a quieter time. That mix suits cardholders who want a person on the line as well as written self-help.
Can I borrow from Alpha Bank as well as hold the card?+
Yes. Alpha Bank lends directly (direct lender) and offers personal, secured and car loans (personal, secured and car). Home improvement is the listed use for borrowing (home improvement), so the same bank can cover a renovation where the credit limit of up to €15,000 is not enough.
How established is the bank behind the card?+
The card comes from Alpha Bank S.A., a bank founded in 1879 and based in Greece. It lends directly rather than acting as a broker, so the card and any personal, secured or car loan sit with the same provider rather than a middleman.
Sources
- infotopix.com/dcg/1203037/alphabank-kredi-kart-ba-vuru-s-... checked September 26, 2026
Backs: Annual fee, APR
“30 euros for standard Alpha Bank Bonus Visa and Bonus Mastercard”
- web.archive.org/web/20251231212146/https://www.alpha.gr/en checked September 26, 2026
Backs: Loan amount, Lender type, Loan types, Support channels, Use cases
“online personal loan up to EUR 15,000”
- alpha.gr/-/media/alphagr/files/group/apotelesmata/2025-Q2... checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“Alpha Bank, which was founded in 1879 by John F. Kostopoulos”
- alpha.gr/en/retail/cards/pistotikes-kartes/alpha-bank-bon... checked September 26, 2026
Backs: Card kind, Features, Rewards type
“Alpha Bank Bonus Visa Credit Card”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee.
Alpha Bank
A rewards credit card for Greek customers who pay in full each month.