The turnover of SZÉP cards could increase by hundreds of millions by the end of the year – from December the credit can also be spent on food

“The new, temporary regulation clearly shows that the SZÉP card is no longer just about relaxation, but also about conscious everyday life”

– commented Zoltán Rammacher, Marketing Manager of the K&H retail and SME segment. “With the holiday season approaching, it may be particularly useful for customers to be able to use their credit for food purchases. In addition, the measure may also have a traffic-boosting effect for food retailers.”

The expert added:

“The periodic expansion of the SZÉP card’s functions helps households plan their spending, while also stimulating the economy. The most important thing for customers is that payment is easy and fast – whether they are shopping in a store or online. The digital SZÉP card offers a practical and popular solution in this regard, which was first available on the market at our bank in 2023. Since then, more than 300,000 transactions have been carried out with it, totaling more than 1 billion forints.”