K&H: how many forints did Hungarians spend playing cards abroad?

Both regular bank card payments and digital, smart device payments are extremely popular among K&H retail customers visiting abroad, according to the financial institution.

Last summer, between the beginning of June and the end of August, nearly 58 billion forints were spent in a foreign country, this amount came from almost 3 million card transactions. There were an average of 9 transactions per person, representing an average value of 19,800 forints, with a total value of 178 thousand forints.

They are better off

“K&H actively encourages its customers to make card payments abroad. In this spirit, the bank provides a subsequent refund for all foreign card purchases and ATM cash withdrawals up to the K&H mid-rate. This offer not only strengthens trust in banking services, but also means real savings for travelers,”

– emphasized Zoltán Rammacher, Marketing Manager of the K&H Retail Customer Segment.

The specialist added: “There were two such periods before, last summer and this February-March, helping K&H customers to enjoy themselves during their vacation or even winter getaway/skiing, the refund can help optimize the costs of foreign purchases. Thanks to the great success, we are providing this to visitors abroad this summer as well, thus supporting carefree travel and convenient payment options. K&H customers can thus focus entirely on relaxation, as they do not have to exchange money, transfer it to another account, or use another card during their vacation – just activate the offer in K&H cashback, put the K&H bank card or credit card in their pocket, or even a smart device, and use it as if they were at home. Of course, not only existing customers, but also new customers have the opportunity to do this: all you need to do is open an account and apply for a card, as well as activate the discount offer in K&H cashback.”