POST Luxembourg review

The account carries a monthly fee of €5, and the card is a debit card, so spending comes straight from your balance. The currency conversion fee is 0%, which is the part that matters if you pay abroad. For comparison, bunq and Wise list monthly fees of €0 and £0.

POST Luxembourg lists business as the audience for this card, so it is aimed at company money rather than a personal current account. The features listed are multi currency and travel, which fits a company paying suppliers or staff in several currencies. If you are buying for yourself, bunq or Wise may fit better.

On the facts listed, yes. The card is multi-currency and travel focused, and the currency conversion fee is 0%, so spending abroad is where it earns its place. It runs on visa, the same network most of the providers compared here use.

It is a visa card, and the card type is debit, so money comes straight from your account balance rather than a credit line. Among the debit cards compared here, 59.2% run on that network, which makes acceptance easy to compare.

Support runs on email, phone and help centre, so you can call, write or read the help centre for the same card. Across the providers compared, phone support appears on 74.4% of brands and email on 72.9%, so this mix sits in the mainstream.

Often it is not the rule. Around 47.1% of the debit card brands compared here carry no monthly fee, and a median free ATM allowance of €0 is common too. The €5 charge here buys the multi-currency card, not the lowest cost.

Because most lose money on the retail side: the median retail loss across the brands listed is 70.15%. Card spending is inexpensive to run for providers, so a monthly fee or a conversion charge helps cover it. POST Luxembourg takes the monthly route with €5 and keeps conversion at 0%.

The legal entity is POST Luxembourg, founded in 1992 and based in Luxembourg, so the card comes from a long standing operator rather than a new entrant. Its debit card runs on visa, which keeps spending tied to your own balance.