Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Banco BPM — Numia Credit Classic Numia Credit Classic

A plan byBanco BPM — Numia Credit Classic · Visa / Mastercard

3.0/5 1.2/5 · Data verified on

Numia Credit Classic is Banco BPM's credit card, issued by Numia S.p.A. — the group's payments joint venture, a recently introduced brand — and distributed to Banco BPM account holders (often paired with the Conto You). It is a charge card on the Mastercard or Visa network, with a limit of up to €5,200. It applies no fee on euro payments abroad, but on purchases in a currency other than the euro the fee sheet states a 3% markup, among the highest in the segment. The list fee is €50/year, with an issuance fee also of €50 on the Classic; a promotion is running that cuts the fee to €35 for applications by 30 September 2026. It requires a Banco BPM account.

Numia Credit Classic

Price
Free

What's included

  • €50/year fee (promo €35 until 30/09/2026)
  • €50 issuance fee (per the fee sheet)
  • Mastercard or Visa network · limit up to €5,200
  • No fee on euro payments abroad
  • FX 3% on non-euro currencies · cash advance 4% (min €3)
  • Requires a Banco BPM account
3%
FX markup
Not disclosed
Cashback
Free
Annual fee
€50
Issuance fee
Revolving credit
Card type
31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

Network Visa / Mastercard
Card type Revolving credit
Backing Unsecured
Credit limit €5,200
Issuing bank Numia S.p.A. (collocata da Banco BPM)
Issuance fee €50
Annual fee Free
ATM withdrawal 4%
FX markup 3%
Cashback Not disclosed
Contactless Yes
KYC Full
Privacy 2/10
Supported countries EEA · 1+ countries
Funding / solidity Terzo gruppo bancario italiano · carte di credito del brand pagamenti Numia
Regulator Banca d'Italia
Segment B2C
Funding / solidityItaly's third banking group · credit cards under the Numia payments brand
MiCA / License status Banca (Banco BPM S.p.A.)Carta emessa da Numia S.p.A. e collocata da Banco BPM Supervised bank (Banco BPM) · cards issued by Numia S.p.A.

Strengths

  • No fee on euro payments abroad (no markup within the euro area)
  • Choice of international network (Mastercard or Visa), limit up to €5,200
  • Promotional fee cut to €35 for applications by 30 September 2026
  • Charge card from a large bank, with the Numia app and payment services
  • No notable sovereignty advantage documented.

Weaknesses

  • 3% currency markup on non-euro currencies: among the most expensive in the segment
  • On the Classic, besides the €50/year fee, the fee sheet sets a €50 issuance fee
  • Requires a Banco BPM account: cannot be opened on its own
  • No cashback or points program; the "Numia" brand is still little known
  • Traditional credit card: not self-custody — the account requires full KYC, a credit check, and can be closed or reported to credit bureaus by the issuer.
  • Full KYC required: verified identity, zero pseudonymity.
  • Funds can be frozen at the platform’s discretion.
  • Subject to regulation (Supervised bank (Banco BPM) · cards issued by Numia S.p.A.): reporting to authorities and freezes on order.
  • FATF-aligned jurisdiction: strong cooperation with authorities.

Verdict

C D ★ 3.0/5 ★ 1.2/5

A bank credit card with above-average costs: on the Classic the fee sheet adds a €50/year fee and a €50 issuance fee, and the 3% currency markup is among the highest in the segment. The upside is the absence of fees on euro payments abroad and the promo taking the fee to €35 by 30 September 2026; otherwise it is expensive and cashback-free versus zero-fee bank credit cards. Low rating in the category for the combination of fee + issuance + high FX.

A credit card is a credit line, not custody of funds: no self-custody, no user balance. A fully tracked and censorable instrument — full KYC, issuer Numia S.p.A. and distributing bank Banco BPM profiling transactions and able to suspend the line. On the sovereignty lens it is the opposite of trustless tools: no anonymity, no censorship resistance.

Privacy & anonymity 30% 1.0
Fund control 20% 2.2
Censorship resistance 20% 1.4
Trustless / auditability 20% 0.0
Costs 10% 1.9

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

How much does Numia Credit Classic cost?

Per the fee sheet (no. 4 dated 08/07/2026) the Classic has a €50/year card fee and a €50 issuance fee. A promotion is running that cuts the fee to €35 for applications by 30 September 2026; the actually applied terms are in the contract summary document.

What fees apply to spending abroad?

On euro payments abroad there are no bank fees. On purchases in a currency other than the euro a 3% markup applies to the exchange rate; ATM cash advances cost 4% (minimum €3 in the Euro area, €5 outside it).

Sources

Update history

✓ Terms unchanged since Jul 12, 2026

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