Advanzia Bank

Advanzia Bank S.A. is a Luxembourg based online bank without physical branches that provides mainly two products, no-fee MasterCard Gold credit cards and high-interest deposit accounts.

Advanzia was founded in 2005 in Luxembourg and granted a banking license by the Luxembourg Minister of Treasury and Budget in December 2005. Advanzia’s head office is located in the international financial centre of Luxembourg, with its excellent environment for financial service providers and customers: continuity, flexibility and security.

Advanzia’s main product is the revolving credit card connected to the MasterCard payment network and the Bank currently offers its services in four markets: Germany, France, Austria and Luxembourg.

The Advanzia credit cards can be used at all points of sale, in banks and automated teller machines worldwide belonging to the MasterCard network. Advanzia also offers a monthly interest-accruing deposit account. These deposit accounts provide funding for the Bank’s credit card operations and liquidity reserves.

Advanzia Bank S.A. provides its services based on a Luxembourg banking license, applying the principles with respect to cross-border banking in the European Union and European Economic Area. Advanzia is regulated by Luxembourg’s banking supervision authority, the Commission de Surveillance du Secteur Financier (CSSF), which surveys the activities of banks operating in Luxembourg, and guarantees their quality. On the basis of its Luxembourg banking licence and the passporting provisions in European banking legislation, Advanzia Bank is in a position to offer its products and services across borders within the EU/EEA.

As a Luxembourg bank, Advanzia is a member of the deposit insurance scheme Fonds de garantie des dépôts Luxembourg (FGDL), which ensures client deposits up to EUR 100 000.

Advanzia Bank S.A. is an independent bank, with a limited number of private investors. Kistefos AS has been the controlling shareholder since 2006 and currently holds approximately 60% of the issued shares.

For further information on Advanzia, please visit