Giving employees a corporate credit card can come with many additional tasks and worries for employers. Whether it's setting payment limits, organising statements or worrying about losing the card. 

Qonto offers several corporate credit cards designed to make these tasks easier. The virtual corporate credit card is a modern and efficient financial instrument that, as the name suggests, is only available virtually. The virtual card not only offers flexibility and security, but also enables companies to better manage and control their finances. 

In this article, you will learn everything you need to know about the Qonto virtual corporate credit card - from Qonto as a provider, to the advantages of the credit card, to activation and practical use in everyday business life.

Qonto is a leading fintech company specialising in financial solutions for small and medium-sized enterprises and start-ups. Since its foundation in 2017, Qonto has aimed to replace traditional banking services with modern and user-friendly solutions. 

With a comprehensive range of business accounts, payment services and financial management tools, Qonto offers companies a smart platform to optimise their financial operations. 

Qonto credit cards, both physical and virtual, are an essential part of this offering.

The provider is also regulated and supervised by BaFin and the Banque de France, which guarantees a high level of security for your investments

The Qonto virtual corporate credit card offers a wide range of benefits, characterised by the following tools and features:

Immediate availability: the card is ready for use immediately after verification - there is no waiting time for a physical card.

Maximum security: As the card is exclusively digital, it minimises the risk of loss or theft.

Flexibility and control: Managers can set individual spending limits for each card and monitor or change these in real time. You can also link external bank accounts to the Qonto account so you can keep track of your finances. 

Easy access and management: The Qonto login gives you access to the cards at any time and allows you to easily manage transactions and enter them in your accounts.

Unlimited access: Access can be granted to an unlimited number of employees. 

DATEV integration: The well-known accounting programme DATEV is now also available in combination with the credit card. This allows you to transfer your transactions automatically and securely to DATEV.

Dashboards for an overview: To help you make informed decisions regarding your spending, Qonto also provides an online dashboard that analyses your cash flow and evaluates it in statistics. 

The Qonto virtual corporate credit card works in a similar way to a traditional credit card, but also exclusively digitally. Once created, you receive the card details (card number, expiry date and CVC code) that you can use for online transactions. 

Once you have received confirmation from Qonto, you can add the credit card to Google Pay and/or Apple Pay. 

The virtual card is included in Qonto subscriptions. However, with Qonto's corporate accounts, you also get other helpful tools to make your everyday business life easier. 

We have briefly summarised the most important differences for you.

The following subscriptions are available: 

Basic - €9/month (excl. VAT)

Smart - €19/month (excl. VAT)

Premium - 39 €/month (excl. VAT)

Source: https://qonto.com/de/pricing (August 2024) 

If you have opted for a subscription, there are no additional costs for the virtual credit card. 

The payment limit is €20,000 per month and the exchange rate fees outside the Eurozone are 2%.

Outgoing international transfers in USD, GBP, CHF cost 0.8% per transfer (min. €5 plus VAT). Only 0.56% for Premium subscriptions. To all other currencies 1.8 % or only 1.56 % in the Premium subscription. 

By the way: Until 30 September 2024, you will receive a free 3-month trial subscription for all plans. This also applies to companies that are still in the start-up phase! 

Opening a Qonto account is a prerequisite for the virtual credit card. However, this is easy and is done completely online. You can register on the Qonto website in just a few minutes and select the subscription model that suits your company. 

These documents are required: 

After successful verification, all functions are immediately available to you. You can create virtual credit cards directly and activate them to take advantage of the Qonto credit card. The entire process is user-friendly and clear. 

To activate your Qonto credit card, follow these steps:

Apply for the card: once you have applied for the card, you can immediately use a digital version of the card in your Qonto app.

Set PIN code: To do this, set the PIN code for your card directly in the app.

Activation by use: The card is fully activated when you carry out the first transaction with the PIN code set, e.g. a payment or cash withdrawal. Only then can you also make contactless payments and use the full functions of the card.

Another important aspect of using Qonto is customer service. The Qonto hotline offers fast and competent support for all questions relating to the business account and credit cards. 

Whether it's about activating the card, technical questions or general support - Qonto's customer service is available 7 days a week by email at hallo@qonto.eu, chat or by phone on +49 800 7241762. 

Qonto enjoys a high level of customer satisfaction, which is reflected in the many positive testimonials. On the well-known review platform Trustpilot, Qonto even receives 4.7 out of 5 stars from over 15,000 reviews. The Qonto app receives a similarly good rating in the popular Google and Apple app stores.  

Reviews on Trustpilot praise the ease of use, the transparent price structure and especially the reliable customer service. Start-ups and small to medium-sized companies also appreciate the flexibility and efficiency that Qonto offers. 

The ability to bundle all financial processes in one place is seen as a real added value. The quick and uncomplicated account opening process is also often emphasised. 

If you recommend the provider using the internal referral link, you will receive a bonus of €80 as soon as your referred contact has spent €50 with a physical credit card. 

You can find the link in your Qonto account under Settings & Tools in Qonto refer a friend. 

The Qonto corporate credit card ‘Virtual’ is therefore a first-class solution for companies looking for a flexible, secure and cost-effective way to manage their finances. 

It offers numerous benefits that go beyond the traditional functions of a credit card, especially in terms of security, control and instant availability. 

Combined with Qonto's comprehensive range of services, the virtual card is a powerful tool that can make everyday business life much easier. 

For companies that value modern financial management, we believe the Qonto virtual corporate credit card is an excellent choice!