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It does, he could get one from Hanseatic Bank for free, DKB had a proper credit card for years (now with s fee). They are mostly fee-ridden, since germans don’t
by lycopodiopsida 3y ago
It does, he could get one from Hanseatic Bank for free, DKB had a proper credit card for years (now with s fee). They are mostly fee-ridden, since germans don’t like them very much (cultural thing?) and they are offered as an extra.
- KingOfCoders 3y agoBeside the culture (losing everything twice in the last 100 years), I think money transfer plays a big role. Germany never had a culture of cheques and switched from money to money transfers early on (before WW1), so most stuff in Germany either I pay by money transfer ("Ueberweisung") or a company takes the money from my account ("Bankeinzug") - like mortages, cars, rent, electricity, travelling etc. In the US credit cards partially replaced cheques (and added credit, duh!), which was never something in Germany. The only use of cheques in Germany were traveller cheques when travelling - and then only to get money at the hotel. Even for the catalog business people payed by invoice and money transfer (and the catalog companies gave you credit). What is left, like groceries, is often paid in cash.