Quick picks
The best choice for each typical need.
Full comparison
Free (basic) plan unless stated. Choose your region to see only the banks you can open.
| Bank / app | Monthly | Card abroad (FX) | Free ATM | Interest | Protection · best for |
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🛡️ Bank or e-money app?
Licensed banks protect your deposits by law (€100,000 in the EU, £85,000 in the UK, FDIC in the US via partner banks). E-money apps such as Wise "safeguard" your money in separate accounts instead – safe in normal times, but not the same as deposit insurance. Keep large savings in a protected account.
How to choose
1. Check where you live
Most apps only accept residents of certain countries. Start with the region filter.
2. Travel or send money abroad?
Look at the FX column. Small markups add up fast on holidays and international transfers.
3. Need cash?
Free ATM withdrawals are often limited per month. Heavy cash users should pick a bank with a generous limit.
4. Keep savings protected
For bigger balances, choose a bank with deposit protection – not only safeguarding.
FAQ
Are online banks safe?
Most are. N26, bunq, Vivid Money, Monzo and Starling hold banking licences, so deposits are protected up to €100,000 (EU) or £85,000 (UK). US apps such as Chime and Current hold your money at FDIC-insured partner banks. Wise is not a bank: it safeguards your money instead of insuring it.
Which online bank is best for travelling?
Starling and Monzo (UK) and Revolut (many countries) let you spend abroad without card fees, within plan limits. Wise is great if you hold or send several currencies.
Is there an online bank with no monthly fee?
Yes. Revolut, Wise, N26, Monzo, Starling, Chime, Current and Vivid Money all have a free plan. bunq has no free plan.
Can I open an account from any country?
No. Each bank only accepts residents of certain countries. Use the region buttons in the table to see what is available where you live.