Neobanks — Comparison
35 services compared · Sorted by score · Pick any two to compare
Most compared Neobanks
Eco-conscious individuals in Germany who want a mobile-first bank account that a
Revolut is ideal for travelers, freelancers, and digital nomads who need a cheap, flexible, multi-currency spending card with manageable FX and global…
UK freelancers, contractors, and small business owners who want a no-nonsense, A
Environmentally conscious UK residents who want a free everyday bank account wit
US consumers who want to replace multiple banking, lending, and investing apps w
UK residents who are comfortable with mobile-only banking and want a free, featu
European SMEs and mid-market companies that want to automate expense reporting,
Individuals in Brazil, Mexico, or Colombia who want a free, mobile-first persona
UK small business owners, freelancers, and contractors who want a free, app-base
UK based freelancers, contractors, and sole traders who want a no-cost, mobile-f
Gen Z users in supported European countries who want a simple, app-free way to s
Recent expats and migrants who need a functional UK or EU mobile account quickly
Starling Bank is best for UK residents and small businesses that want a fully di
GoHenry is best for parents who want an easy-to-manage prepaid card with chore-b
Digital-savvy younger consumers in the US who want a free, mobile-first bank acc
US consumers who want a no-fee mobile bank with early direct deposit, a high-yie
Eco-conscious EU/EEA residents who want a modern mobile bank with multiple sub-a
UK sole traders, freelancers, and landlords who want automatic tax savings on every transaction and a simple way to share live financial data with the…
Individuals and freelancers who regularly send or receive money across borders a
Spanish residents who want a free, no-frills platform to invest in low-cost inde
Young Spanish residents and Gen Z or millennial users who want a no-cost, mobile
Individual freelancers, independent contractors, and self-employed solo business
Individuals living in Spain or Portugal who want a free neobank account with a Spanish IBAN, cashback, and easy bill splitting.
Spanish residents who want a reliable, fee-free digital bank backed by a major b
Monese Business is ideal for UK/EEA freelancers, contractors, and small SMEs tha
Fee-conscious individuals, especially gig workers and freelancers, who want a mo
UK residents who want a straightforward, app-only way to save with competitive i
A younger, digital-first European user who wants a clean mobile bank for daily e
UK savers who want easy access to competitive interest rates and borrowers who n
Socially-minded UK users who want a free, FSCS-protected current account with bu
Frequently Asked Questions
Is Revolut really free?
Yes, Revolut has a free standard plan with no monthly fee, but you'll pay fees for certain extras like larger ATM withdrawals, non-currency weekend conversions, and some premium features. The paid plans (Plus, Premium, Metal, Ultra) add benefits like higher limits, travel insurance, and cashback.
Can I use Revolut as my main bank account?
You can use it as a day-to-day spending and travel card, but Revolut is not a full licensed bank in every country (it operates under various e-money licenses). There's no direct branch support, and deposit protection may not apply to all funds in all regions, so many users keep a traditional bank account as their primary.
Does Revolut offer local IBANs?
Yes, Revolut provides local IBANs in many of the 30+ countries it operates in, making it easier to receive salary and direct debits locally. However, availability depends on your country of residence, and some users may get a Lithuanian IBAN if they're in the EU but not in a fully supported local market.
What are the limits on withdrawing cash with the free plan?
With the free plan, you can withdraw up to a certain amount per month (often around $300 or €200) without a fee, after which a 2% fee applies. The specific limit varies by country and currency, and paid plans offer higher or unlimited ATM withdrawals.
Can I buy crypto and stocks on Revolut?
Yes, Revolut lets you buy, sell, and hold cryptocurrencies and fractional shares of stocks directly in the app. However, crypto trading fees are built into the spread and can be higher than dedicated exchanges, and stock trading is available in select markets with a range of limitations.
Is my money protected if Revolut fails?
Revolut holds customer funds in safeguarded accounts at major banks, but these are not covered by standard deposit insurance in all jurisdictions. In the UK and certain EU countries, some Revolut accounts are covered by the Financial Services Compensation Scheme or equivalent, but this may not apply to all balances like crypto or e-money. Check your local terms.