Reading time: 3 minutes
bunq's latest update brings several exciting features that enhance the digital banking experience across different user needs. With a special focus on cryptocurrency, exclusive deals, and family banking, Update 28 delivers significant value to users. Here's what's new:
Cryptocurrency Trading
Buy and Sell Crypto
One of the most significant additions to bunq, users can now buy and sell cryptocurrency directly within the app. The feature launches first in the Netherlands, Ireland, France, Spain, Italy, and Belgium. New crypto users can start with as little as €100 and receive €10 of Bitcoin for free as a welcome bonus.
Powered by Kraken Embed
bunq's cryptocurrency services are provided through Kraken Embed, a new Crypto-as-a-Service (CaaS) solution recently launched by Kraken. This partnership allows bunq to leverage one of the longest-standing, most liquid and secure cryptocurrency exchanges, ensuring reliable service and strong security for users entering the crypto space.
Integrated Experience
The crypto functionality is fully integrated into the main app experience, allowing users to manage digital assets alongside traditional banking. The interface is designed to be accessible for crypto beginners while providing the necessary tools for more experienced traders.
Security and Education
The crypto feature comes with robust security measures including biometric verification requirements and anomaly detection systems. Educational content helps users understand cryptocurrency concepts before investing.
Family Banking Enhancements
Automated Child Savings
Parents can now help their children learn financial responsibility through automated savings tools. The feature allows setting up savings goals for children while parents maintain full control of the account, creating a safe environment for kids to learn about money management.
Automated Pocket Money
Schedule recurring allowance payments that transfer automatically on specified dates. This eliminates the need to remember weekly or monthly transfers, ensuring children receive their pocket money consistently.
Personalized Physical Cards
Users can now fully customize their bunq cards with personal images, drawings, phrases, or icons. As bunq puts it, your card becomes "your canvas" to express your unique style. This feature extends to children's cards as well, making banking more personal and engaging for young users.
Travel Features
Offline eSIM Top-Ups
Travelers can now reload their eSIM even without an active internet connection. The system works through pre-authorization that activates once connectivity is restored—solving the common travel dilemma of needing internet to get internet.
Finn's Travel Assistant
bunq's AI assistant Finn now provides location-specific recommendations and financial advice. Features include suggesting budget-friendly activities, alerting users to currency considerations, and highlighting local bunq partners where users might receive preferential rates.
Enhanced Travel Notifications
The updated notification system delivers more relevant travel information including currency conversion alerts, local spending summaries, and security notifications about potentially fraudulent terminals.
Business Solutions
Employee Debit Cards
Business account holders can issue debit cards to employees with customizable spending limits and category restrictions. The system provides real-time visibility into all employee spending through a comprehensive admin dashboard.
Collaborative Receipt Management
The new receipt management system allows employees to upload receipts directly through the app and attach them to specific transactions. OCR technology automatically extracts key information, reducing manual data entry for accounting purposes.
Personal Account Cashback
The cashback program previously available only to business accounts has been extended to personal accounts. Users can earn cashback on everyday purchases, with rates varying by merchant and subscription tier.
bunq Deals and Rewards
bunq Deals
The new bunq Deals feature offers exclusive discounts from popular brands and services. Users can save on everything from gadgets to travel bookings through the app, making everyday purchases more affordable.
Referral Program with Points
Users can now earn rewards through the new referral program. When users refer friends who verify their accounts, both parties earn 1,000 Points. These Points can be redeemed for exclusive offers through bunq Deals, creating an incentive-based community growth system.
Expanded Partnership Network
bunq has significantly increased its partnership network, providing users with exclusive deals from retailers, subscription services, and lifestyle brands. Offers are personalized based on spending habits and user preferences.
Promotional Highlights
These new features present excellent opportunities for both current and potential bunq users:
- Get €10 in Bitcoin Free: New crypto users can receive €10 in Bitcoin when starting with a €100 investment
- Secure Crypto Trading via Kraken: Enjoy cryptocurrency services powered by one of the most established exchanges in the industry
- Save Money with bunq Deals: Access exclusive discounts on everyday purchases and services
- Earn 1,000 Points: Both referrers and their friends receive points when new users verify their accounts
- Express Yourself: Create a truly personalized banking experience with custom card designs
- Teach Financial Responsibility: Help children develop healthy money habits with dedicated tools
Availability
Update 28 is available now for all bunq users through the standard app update process. New users can download the app and access all features immediately after completing the account opening process.
This feature overview is based on official information from bunq about Update 28. Cryptocurrency trading involves risk, and users should conduct their own research before engaging in digital asset transactions.
