Compass — Carta HeyLight
Compass Banca S.p.A. · Visa/Mastercard
HeyLight is Compass Banca's digital credit card (Mediobanca Group): a revolving credit line usable as a charge card or in instalments, on the Visa or Mastercard network with integrated BNPL instalment payment at partner merchants. Secondary sources indicate a €0 fee and an APR around 16.26% (figures not yet confirmed against the official economic conditions), while the SECCI confirms a maximum 1.75% FX fee and a cash advance of up to 4% at ATMs.
Data & conditions
| Network | Visa/Mastercard |
|---|---|
| Card type | Revolving credit |
| Backing | Unsecured |
| APR | 16.26% (variable) |
| Issuing bank | Compass Banca S.p.A. |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | Cash advance max 4% of the amount at ATMs (1% if disbursed directly by Compass via transfer); daily ATM limit €300 |
| ATM withdrawal | 4% |
| FX markup | 1.75% |
| Cashback | Not disclosed |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | EEA · 1+ countries |
| Funding / solidity | Carta di credito digitale HeyLight di Compass, credito al consumo del Gruppo Mediobanca |
| Regulator | Banca d'Italia (vigilanza bancaria) |
| Segment | B2C |
| Funding / solidity | Compass HeyLight digital credit card, Mediobanca Group consumer credit |
| MiCA / License status | Licenza bancaria IT (Gruppo Mediobanca) · credito al consumo Revolving credit card on an IT banking licence (Bank of Italy) |
Plans & pricing
Strengths
- Digital card with a declared €0 fee (not yet confirmed in the official economic conditions) and integrated HeyLight BNPL instalment payment on purchases
- Maximum 1.75% FX, lower than Nexi (2.5%); widely accepted Visa or Mastercard network
- Indicative APR ~16.26% on the revolving portion, lower than many competing revolving cards (figure from secondary sources, not confirmed in the official conditions)
- Solid issuer (Mediobanca Group), 100% app-based management
- No notable sovereignty advantage documented.
Weaknesses
- Revolving product: the APR (~16% and above) stays high if not paid off; over-indebtedness risk
- Digital-only in some configurations: relies on Apple/Google Pay for in-store use
- No cashback or points programme; expensive cash advance (max 4% ATM) and specific economic conditions not very transparent outside the contract
- 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 (Revolving credit card on an IT banking licence (Bank of Italy)): reporting to authorities and freezes on order.
- FATF-aligned jurisdiction: strong cooperation with authorities.
Verdict
HeyLight is an interesting attempt by Compass (Mediobanca Group) to modernise the credit card: digital, declared €0 fee, 1.75% FX and an indicative APR ~16.26% lower than many revolving cards. It remains, however, a revolving credit line with integrated instalment payment, and this carries the usual risks: the cost of credit rises if not paid off, there is no cashback and cash advances are expensive. It should be stressed that the specific fee, nominal rate and APR come from secondary sources and should be verified against the official economic conditions. A mid-band rating for the revolving nature and the figures not yet confirmed in official documents.
A credit card is a credit line, not custody of funds: there is neither self-custody nor a user balance here. It remains a fully tracked and censorable instrument — full KYC, a Compass Banca (Mediobanca Group) issuer that profiles transactions and can suspend the line. On the sovereignty lens it is the opposite of trustless tools: no anonymity, no censorship resistance.
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.
Reputation
What happened to people who used Compass — Carta HeyLight, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
Google Play ↗
4.0/5
~
648 reviews
The count is exact (648 from the listing's structured data), but on this Play listing the score is published rounded to a whole number («4»), so the rating should be read as indicative. Same general-purpose HeyLight app, not the card alone.
-
App Store ↗
4.5/5
415 reviews
Rating of Compass Banca S.p.A.'s «HeyLight — Paga a rate» app on the Italian storefront, read from Apple's public endpoint (exact value 4.54458 across 415). The single app covers both merchant instalment payments and the card, so the score is not specific to the card alone.
Weighted average across 2 public review platforms (1,063 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
How much does the Compass HeyLight card cost?
Per HeyLight's communication and secondary sources the fee is €0 and the revolving APR is around 16.26%; these values should be confirmed on the official economic conditions (the contract's SECCI). The FX fee is at most 1.75%.
How does instalment payment work?
HeyLight is a revolving credit card usable as a charge card or in instalments, with integrated BNPL instalment payment at partner merchants. The minimum monthly payment is 5% of the balance (minimum €50) and cash advances cost up to 4% at ATMs.
Sources
- Official service page Data verified on Jul 12, 2026