Details

Pros

  • Permanently free (€0)
  • Apple Pay & Google Pay
  • Usable from age 7
  • No Schufa check
  • Available immediately (virtual card)

Cons

  • Virtual card only on the Beginner model
  • Max. €150 balance
  • Domestic payments only
  • No cash withdrawals
  • No IBAN

Fact sheet: VIMpay Young

Company nameVIMpay Young
Founded2018
HeadquartersMünchen
Country🇩🇪 Germany
Customers 100.000+
Typefintech
Website vimpay.de/

About VIMpay Young

VIMpay Young (Beginner model) is a free virtual prepaid Mastercard for children aged 7 and over. The card is permanently fee-free and works with Apple Pay and Google Pay, but has a very limited balance (max. €150) and is only suitable for domestic payments. No cash withdrawals possible.

Special features

  • Free virtual card
  • Snooze mode (card pause)
  • Individual limits