Out for Maestro: what happens to your bank cards?

Maestro before the end! Here you can find out how to proceed with the Maestro bank cards and what alternatives there are for you. Image source: IMAGO / Eibner From July 1, 2023 you will have to do without new cards with Maestro functions. Please note, however, that you can still use an EC card that contains the Maestro function until the expiry date or by the end of 2027 at the latest. Of course, the cards can still be used without restriction and to the full extent for all purposes up to this point . Each bank makes its own decisions, which can mean that the default of the card may be brought forward. In any case, it is advisable if you contact your bank and get precise information about it in order to take timely action. Your bank advisor can help you find the right solution so that you can avoid difficulties right away and use your means of payment without hindrance. In this video we show you the way to Apple Pay: Why is the Maestro card being abolished? The system is not sufficiently created for online trading and is therefore no longer up-to-date. However, it is also conceivable that Mastercard has an increased interest in getting a larger share of the turnover from online trading, which is still booming, and in further expanding its position in this area. The giro card can also be used in Germany without the Maestro function, so in the near future you will be able to pay with a giro card as usual and of course withdraw money. What alternatives to the Maestro bank card do you have? If you don’t want to do without your giro card, you can switch to Visa as an alternative. The cards are compatible with the Maestro counterpart V-Pay. On the maps, the feature is clearly marked with a blue V symbol. Or you prefer to opt for debit cards. This payment method is already widespread in Europe and allows cardholders to easily make cross-border cashless payments without the additional Maestro or V-Pay functions.