Subscribe to the Sumeria+ card or offer
The Sumeria card is a latest-generation payment card.
It is a Visa Debit card: accepted worldwide by vendors and ATMs, whatever the currency.It is funded with the money present on one of the customer's accounts.
It is available in 2 versions: classic or black, each having its own limits.
The classic card
The classic card is free for all customers.
Customers can also create free virtual single-use version, so they are protected during their online shopping.
Cards benefits
The card is:
- Smart. Customers can block it any time, right from the app. They can also control spending, turn on or off "contactless" payments, online payments, ATM withdrawals and transactions abroad.
- Multi-accounts. Customers can choose the account the card debits, at any time, from the account information. Tap here to learn more.
- Perfect for trips abroad. No fees incurred on payments and ATM withdrawals made abroad, within applicable limits.
The card works with the Sumeria application (available for free on iPhone and Android). It is funded with the money available on one of the customer's accounts.
Types of transactions
The card can be used to pay in-store anywhere in France and abroad and also to make ATM withdrawals worldwide (except countries blacklisted by OFAC).
If the balance of the customer's account is not sufficient for a given transaction, it won't go through. Customers must fund their account to make the transaction.
A unique card
Customers can customize their card by choosing two lines of text which will appear on the front. However, the customer's first and last name will be inscribed on the back, with the numbers. Customers can take advantage of this option to get a truly unique card, if they want to, and differentiate it from their other cards. More information on the customization policy.
Requirements to get the card
To be able to order and use the card, customers must:
- be at least 18 years old
- reside in a country where Sumeria is available
- have verified their identity
Sumeria does not take into account the profession, the income, the banking status, the monthly payments on the account.
The black card
With the black card, customers benefit, in addition to the advantages of the classic card, from a simple and instant payment solution for all their current expenses with extended limits: extensive spending limits, insurances, a concierge service and a preferential customer service.
Black card exclusive benefits
For €9.90 a month customers benefit from:
- A customizable black Visa Debit card : no fees incurred, be it in France or abroad
- Extended limits : spending limit of €25,000 per month, possibility of having 3 valid physical cards, greater number of ATM withdrawals
- Insurances : coverage for travel, winter sports, the means of payments and online purchases for clients and their loved ones
- A concierge service : via text message or WhatsApp, to meet the customers' needs
- Sumeria customer service : by phone, booking required
Price and commitment
Customers who subscribe to the black card are committed for 12 months from the subscription date. Customers can choose to pay:
- annually for €99 (that's 2 months for free compared to monthly payment)
- monthly for €9.90 a month
The offer is automatically renewed until the customer terminates the subscription. The offer can be terminated from the "Sumeria offer" screen in-app.
The Sumeria+ offer
Sumeria+ is Sumeria's paying offer dedicated to assisted savings. It offers a programme that aims to help customers develop good savings habits. Several savings and financial management tools are available to customers, such as the option to round up payments to the nearest euro, expenses categorization, etc. Assistance via a support dedicated to this offer is also included.
The Sumeria+ offer is available for €4.90 a month for a minimum of 6 months.
A programme based on the creation of a major project
This assisted savings programme is based on the creation, preparation, and tracking of a major project. The purpose of this major project is to help customers identify a project that will motivate them to adopt new savings habits. It can have a medium or long term focus (plan for the future, long travel, important purchase...). This major project materializes with an account in-app.
Description of the assisted savings tools
Start of the month transfer
From the Sumeria+ centre, customers can activate the start of the month transfer. They define an amount and a date to which they will be reminded to confirm their transfer.
Rounding up to the nearest euro
Rounding up to the nearest euro allows customers to automatically save the remaining cents between the price they paid and the nearest euro. For example, for an expense of €2.35, €0.65 will automatically be saved. Rounding up to the nearest euro applies to all transactions made by card, whether physical, digital or virtual.
Project accounts
In addition to the major project defined when setting up Sumeria+, customers can create other project accounts for which they want to save money. Each project account can be used to save money ahead of a planned expense (Christmas gift, summer holidays...). Customers can create as many accounts as they have projects for which they want to save money.
Activating this tool is recommended to save efficiently.
How the programme works on a daily basis
During the month, the money saved thanks to the Sumeria+ tools is credited, by default, on the cash reserve. At the end of the month, customers are offered to allocate part of the money on the cash reserve to their major project (or to their other project accounts). The money remaining in the cash reserve can be used to cover for unexpected expenses in their daily life. This is why customers are recommended to always keep part of the money they collected in their cash reserve, so they don't have to borrow from their major project if needed.
Description of budgeting tools
Budgeting accounts
Customers can create budgeting accounts they can use to monitor the transactions for a specific expense type (Leisure, Shopping, Groceries...). Customers can create as many budgeting accounts as they have expense types. They can allocate a budget to each account and a gauge will allow them to track the evolution of their expenses during the month, and thus better manage their budget.
Monitoring charts and expenses categorization
Monitoring charts allow customers to visualize their spending pace over time as well as the category linked to each transaction. Customers can configure them depending on the view they want to have:
- by period (month, week)
- by account (focus on one or several accounts)
- by expense type (supermarket, restaurants, transportation...)
These charts allow customers to better manage their budget.
Alerts
To allow customers to closely monitor their expenses and budget, Sumeria set up personalized alerts for each account created by customers. Customers can be alerted when their balance is too low, when an expense is above a specific amount or for other scenarios.
Price and commitment
Sumeria+ offer is available with two payment plans:
- Monthly payments: customers are subscribed for a minimum of 6 months as of the subscription date, for €4.90 a month
- Annual payments: customers annually pay the preferential price of €49 (that's two months for free)
The offer is automatically renewed until the customer terminates the subscription. It can be done directly from the "Sumeria offer" screen in-app.
