About Contactless

Contactless provides a faster, simpler and safer way to pay for purchases. BNF Contactless-enabled cards offer greater convenience to customers, eliminating the need to restrict spend to cash on hand. All BNF Cards have the 'contactless' symbol which may be used to effect contactless payment at point of sale terminals which display the symbol. You can make use of Contactless technology on any VISA supported ATM or EPOS Terminal, both locally and worldwide, and the payment is processed instantly and automatically.

Use Contactless

Contactless payments are accepted in a wide range of retail establishments, hotels, restaurants and shops.  You can still use your card to effect transactions by entering your PIN (secured through the EMV Chip technology), when prompted by the EPOS Terminal.  

To effect a Contactless Payment, follow these three simple steps:

  • Check that the amount is correct on the terminal.
  • Tap your BNF Contactless Card against the contactless reader.
  • Wait until the Point Of Sale emits an alert (sound or light) to indicate successful processing of the transaction. Your payment should be completed within seconds.

Activate Contactless

To activate contactless for your:  

  • Credit Card: your first transaction must be via Chip & PIN at any point of sale or ATM.
  • Debit Card: your first transaction must be via Chip & PIN at any point of sale.

This is a security feature to ensure that the card is in your rightful possession. For further support contact Customer Care on (+356) 2260 1000 from Monday to Friday between 8:00am and 8:00pm or on Saturday between 8:00am and 1:00pm.

Contactless Payment Limits

  • €50 per transaction is contactless-enabled with a maximum of 5 transactions.
  • The cumulative daily maximum limit of €250 (5x€50) is accepted with PIN only. Any payment over the cumulative daily maximum of €250, will require Chip and PIN.
  • On the 6th consecutive contactless transaction, you will be asked to insert your card within the Point Of Sale terminal for a Chip & PIN transaction.

For more information on transaction limits pegged to our:

BNF BANK Base Rates
Base Rate
Rates (p.a)
Bank Base Rate
2.50%
Home Loan Base Rate
2.20%
Savings Account - Credit Interest Rates (p.a)
Balances
EUR
GBP
USD
Up to 50,000
0%
0%
0%
Over 50,000
0.05%
0%
0%
Deposit Accounts - Credit Interest Rates (p.a)
Type of Account
Balances
EUR
GBP
USD
Direct Salary Account
Up to 25,000
Over 25,000
0.25%
0%
n/a
n/a
n/a
n/a
Current Account
Salary Account
Any Balance
0%
n/a
n/a
Students Online
Savings Account
Up to 25,000
Over 25,000
0.25%
0%
n/a
n/a
n/a
n/a
Students Current Account
Any Balance
0%
n/a
n/a
Savings Schemes
Type of Account
Balances
Balances (€)
Rates (p.a.)
Hi-Saver Account
1st to 12th month
13th to 15th month
Any Balance
0.75%
1.75%
Monthly Savings
Full period
Any Balance
0.50%
New Generations Account
Full period
Up to 25,000
Over 25,000
1.75%
0%
*The Hi-Saver Account is a 15-month term deposit split in two terms as described in the above table.
Standard Term Deposits
Term
Rates (p.a) Minimum balance €500 - €1,000,000
3 months
0.10%
6 months
0.15%
1 year
2.55%
2 years
3.40%
3 years
2.90%
4 years
2.00%
5 years
2.00%
7 years
1.75%
Term
Rates (p.a) Minimum balance £500 - £1,000,000
1 months
0.01%
3 months
2.00%
6 months
2.50%
1 year
3.50%
2 years
3.00%
3 years
3.00%
Term
Rates (p.a) Minimum balance $500 - $1,000,000
1 months
0.01%
3 months
0.10%
6 months
0.15%
1 year
0.20%
2 years
0.30%
3 years
0.40%
Flexi Term Deposits
Term
Withdrawal Dates
Rates (p.a)
1 year
91st day
181st day
271st day
Maturity
0%
1.25%
1.50%
2.55%
2 years
181st day
366th day
Maturity
1.00%
2.00%
3.15%
3 years
366th day
731st day
Maturity
1.90%
2.40%
2.90%
Internet Banking Term Deposits
Term (days)
Rates (p.a) €500 - €1,000,000
45
0.05%
90
0.15%
180
0.20%
360
2.55%
730
3.40%
1095
2.9%
Foreign Exchange Rates - 20/02/2024
Country
Ccy rate per EUR
Bank Notes Buy
Bank Notes Sell
Others Buy
Others Sell
UK
GBP
0.8929
0.8298
0.8691
0.8418
USA
USD
1.1244
1.0450
1.0945
1.0601
Interest Reference Rates
Term to Maturity
Date
EURIBOR
SOFR ($)
SONIA (£)
Overnight
16/02/2024
-
5.310
5.188
3 Mth
16/02/2024
3.933
-
-
6 Mth
16/02/2024
3.895
-
-
12 Mth
16/02/2024
3.648
-
-
Indicative % mark-ups for using your BNF Card in the EEA (Non-Eurozone)
European Economic Area (EEA) Currencies
Total FX % Charge - VISA Debit
Total FX % Charge - VISA Credit
Bulgarian Lev (BGN)
1.75%
1.75%
Czech Koruna (CZK)
2.02%
2.02%
Danish Krone (DKK)
1.76%
1.76%
Hungarian Forint (HUF)
2.10%
2.10%
Icelandic Króna (ISK)
1.95%
1.95%
Swiss Franc (CHF)
2.03%
2.03%
Swedish Krona (SEK)
2.23%
2.23%
Norwegian Krone (NOK)
1.95%
1.95%
Polish Zlotych (PLN)
2.02%
2.02%
Romanian Lei (RON)
2.15%
2.15%
Pound Sterling (GBP)
2.22%
2.22%
Indicative % mark-ups for using your BNF Card in the EEA (Non-Eurozone)
Top Equity Indices
Country
Indices
Date
% Var
Last Reference
European Indices
Malta
MSE
03/07/2023
0.13
3,754.34
Portugal
PSI20
03/07/2023
1.15
5,988.18
Spain
IBEX35
03/07/2023
0.54
9,644.80
France
CAC 40
03/07/2023
-0.18
7,386.70
Germany
DAX
03/07/2023
-0.41
16,081.04
UK
FTSE 100
03/07/2023
-0.06
7,527.26
PanEuropean
Euro Stoxx50
03/07/2023
-0.02
4,398.15
USA
USA
DAX
DAX
DAX
34,418.47
USA
NASDAQ Comp
03/07/2023
0.21
13,816.77
USA
S&P 500
03/07/2023
0.12
4,455.59
Asia
Japan
Nikkei 225
03/07/2023
-0.98
33,422.52
HongKong
HangSeng
03/07/2023
0.14
19,328.46
Commodity Market
Date
% Var
Last Reference
ICE Brent Crude
03/07/2023
0.59
75.09
Gold (spot)
03/07/2023
0.27
1,926.48
Silver (spot)
Portugal
0.26
22.98