After having created and managed the Pass card since 1981, the Société des Paiements Pass (S2P) joined the MasterCard network in 2009. The company then evolved into Carrefour Banque in 2011. The Pass card was a real commercial success since it has reached nearly 2.5 million carriers. It is the flagship product of the brand, because the other financial proposals (Carrefour free savings, insurance products, term accounts, etc.) have not had the same success, Second success of the Carrefour bank, consumer loans , with outstanding amounts exceeding US $ 3 billion, which can easily be explained with the 39.17% of Carrefour Banque's capital held by BNP Paribas Personal Finance .
Carrefour Banque therefore had the full panoply of banking services, except for the central “piece”, the current account… In 2017 , the step was taken and the C-Zam account was launched as a daily consumer product, since the package was sold directly in blister packs, in stores . It is a real competitor among new players such as Orange Bank , N26 , ING , Boursorama Banque and other online banks ...
The real difference compared to other banks is that to open a C-Zam account , you have to enter a Carrefour store ! That is to say that between your frozen fries, the dish cleaner and your kilos of apples, you can buy for 5 us dollars your "account opening box" already including a bank card (to be activated). You can also order it on the Internet (Carrefour or Rue du Commerce store,) or even have it delivered to a parcel relay ...
When you get home, you download the mobile application to actually open the account: enter your contact details, scan your French identity document (passport, CNI or valid residence permit) and a supporting document (notice tax, other identity document, etc.). A code received by SMS validates his account and associates the bank card that was in the box. We therefore obtain the famous IBAN to fund the new account by transfer. It is also possible to fund the account with a bank card. Everything is done in less than 10 minutes .
Finally, a letter is sent with a confirmation code to validate your address. If you do not enter the code, the total and cumulative amount of your transactions remains limited to 500 us dollars.
Note that certain conditions must be fulfilled in order to claim opening a C-zam account and the granting of a bank card:
The C-Zam card is an international payment card backed by the Mastercard network. It is possible to link your Carrefour loyalty account to the C-Zam card. Convenient for those who are used to shopping in the store.
Since you do not have to pay income, nor do a minimum of operations every month, you must pay a subscription to the service of 1 us dollar per month , or 12 us dollars per year, this which remains quite reasonable and competitive.
Contactless payment possible (less than $ 30 as for all establishments).
Apple Pay (for holders of an iPhone) and Carrefour Pay are also available.
The C-Zam bank card is not nominative and, upon renewal, it is also an anonymous card which is sent to you.
With the C-zam account Carrefour Banque allows the opening of a bank account very easily, in a few minutes, with a simple bank card, but amply sufficient for everyday life. It should be noted that there is no overdraft possible: this can be an advantage for some who tend to let go without monitoring their budget, and a disadvantage for those who are always afraid of the unexpected and who on the contrary sometimes rely on an overdraft! Account management is very supervised and will in particular avoid paying aggios for those likely to be confronted with it.
|Account opening / closing||FREE|
|Opening box||$ 5|
|Subscription / Account management||1 € / month|
|Bank card||INCLUDED IN CONTRIBUTION|
|ATM withdrawals other than BNP Paribas or Carrefour Banque (us dollar zone)||1 € / withdrawal|
|Online transfers (in $, US dollar zone)||FREE|
|Purchases (in $, in US dollar Zone)||FREE|
|Delivery of checks (excluding postal costs)||FREE|
|Call for an advisor||FREE|
|Bank card network|
|Type of bank card||MasterCard|
|Minimum income to obtain the bank card||NO|
|Weekday customer service hours||8:30 am-7:00pm|
|Saturday customer service hours||8:30 am-5:00pm|
|Income domiciliation obligation||NO|
|Contactless payment (NFC)||YES|
|Apple Pay (NFC)||YES|
|Automatic activation of contactless (can be deactivated)||YES|
|ATM cash withdrawal fees Outside us dollar zone||1 € / withdrawal|
|Purchasing fees outside the us dollar zone||NO|
|Free second card contribution on joint account||NOT AVAILABLE|
|SMS account status alert||YES|
|Modification of the credit card limit online||YES|
|Online bank card opposition||YES|
|Download operations (OXF, QIF, CSV type)||NO|
|Editing an account statement on the Internet||FREE|
|Customization of the credit card code||NO|
|Bank card code reminder||$ 1|
|Visual categorization of expenses||YES|
|Double authentication online account access||NO|
|Bank domiciliation change help||NO|
|Premium Card (Premier)||NO|
|Real estate loan||NO|
|Management / revocation of direct debit mandates||?|
|Additional insurance shopping||18 € / year|
|Early renewal of bank card||$ 10|
|Chat with an advisor||NO|
|Possibility of opening a savings account||NO|
|Free paper monthly statement sending||NO|
|Opening of an A booklet||NO|
|Opening of a LDD||NO|
|Opening a Life Insurance||NO|
|Inactive account fees / non-use of bank card|| NO |
|open a C-zam account|