The service was shut down after its parent company and issuer, , filed for insolvency. Accounts were closed, leaving former customers to secure their funds.
Cash withdrawals cost a flat €5 rate, and paying in foreign currencies incurred a steep 2.75% transaction fee.
Because it was a prepaid card, there was no credit verification, making it extremely accessible for those with poor credit or those seeking privacy.
Historically, Viabuy was marketed as a premium alternative to standard credit cards, targeted at users who wanted a fully functioning Mastercard without credit checks or rigid banking hurdles. 👍 The Positives
The card featured high-quality gold or black plastic with high-embossed lettering, mimicking the physical aesthetic of a high-tier credit card. 👎 The Negatives
A detailed breakdown of how the card operated before its closure follows. 💳 The Viabuy Mastercard Review (Legacy Profile)
Viabuy was notorious for its aggressive fee structure. It required a heavy initial activation fee (roughly €70 to €90) and steep ongoing maintenance fees.
No account yet?
Create an Account