GLS Bank is the first bank in Germany to offer a credit card with True Name feature. With the GLS BankCard, it was already possible for transgender people and non-binary people to have their own chosen name printed on the card. Mastercard had already introduced the True Name feature in 2020.
GLS with True Name-Mastercard
Seeing one’s self-selected name on a credit card. For transgender and non-binary customers and clients, this is now possible, at least at GLS Bank. It is thus the first bank in Germany to offer the Mastercard feature in this country.
Whether there is an official name change, plays no role for the issuance of the credit card. Only and only the Extension card of the dgti e. V. is needed to apply for the GLS Mastercard with True Name.
Transgender people and non-binary people often have the problem that the name on the credit and debit card does not match their true identity. Therefore, Mastercard had already introduced the so-called True Name feature more than two years ago, but only in the USA. This allowed the preferred name to be printed on the bank or credit card.
GLS Bank boasts diversity
In the corresponding overview page of GLS Bank, it goes into how diverse GLS Bank is and what one does for trans people. It says in part, “Outdated thought patterns anchored in rigid, binary ideas of men and women, we try to break down piece by piece in the knowledge that there are more than two gender identities.”
Mastercard is already deploying the True Name feature with several partners including BMO, bunq, FIS and T-Mobile Money. Now they are happy to announce that the feature has finally arrived in Germany.
According to the bank, to apply for the True Name as an existing customer of GLS Bank, simply send a message via the online banking portal. According to price list, the GLS private account for people aged 28 and over costs 60 euros annually plus 45.60 euros in account management fees. The corresponding Mastercard is included free of charge for members of the bank.