bunq Review: Costs, features and security | Finder Germany

bunq review

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Open multiple bank accounts and transfer your money easily with bunq.

bunq is a mobile bank account that offers a number of convenient features. You can open multiple bank accounts with unique IBANs, the bunq app is available in six languages and you can earn interest on funds you hold in your account. Plus, you get the security features and low fees you expect from a digital bank. In this review of bunq for Germany we break down exactly what you can expect from a bunq account so you can decide if it’s right for you.

€7.99

Monthly fee

€0.99

ATM fee for Euro withdrawals

€0

Currency conversion fee

Details

Product Namebunq easyMoney Personal
Monthly fee€7.99
Card deliveryUp to working 10 days
Supported currencies

1

Card fee€0
ATM fee for Euro withdrawals€0.99
Currency conversion fee€0
Free ATM withdrawal limit10 withdrawals per month
Mobile paymentsApple Pay, Google Pay, Fit bit Pay
Card typeMastercard, Maestro
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More Info

How does bunq work in Germany?

With bunq, everything you do is handled on the app and there are no physical branches. bunq has recently simplified the types of personal accounts it offers, now offering easyTravel (formerly Travel), easyMoney (formerly Premium) and easyGreen (formerly SuperGreen).

There’s no monthly maintenance fee for easyTravel but there is a one-off fee for the travel card, currently €9.99. For easyMoney, you’ll pay €7.99 a month or €16.99 a month for easyGreen.

Both the easyMoney and easyGreen accounts allow you to set up 25 individual IBAN accounts to manage your money. In the app, you’ll be able to use budgeting tools, set up savings goals, use a personal payment link to get paid easily by friends and get free ATM withdrawals when you travel overseas. bunq’s highest tier account, easyGreen, also allows you to offset your CO2 emissions by planting trees on your behalf.

Compare all bunq products

Data updated regularly
Name Product Monthly fee Card delivery Supported currencies
bunq easyMoney Personal
€7.99
Up to working 10 days

1

A card linked to up to 25 individual IBAN accounts. Earn interest on all money in your account and benefit from competitive rates and fees.
bunq easyTravel Personal
€0
Up to working 10 days

1

A no monthly-fee card that lets you travel and spend globally using the real exchange rate. Security controls and simple payments.
bunq easyGreen Personal
€16.99
Up to working 10 days

1

An account with an exclusive stainless steel card. Help the environment – a tree will be planted for every €100 you spend.
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Key features of bunq

bunq easyTravel

The bunq Travel Card offers the following features:

  • No monthly fee. You won’t pay any monthly fees but there is a one-off fee of €9.99 for the card.
  • No weak exchange rates. Through its partnership with TransferWise, bunq charges you the real exchange rate for international currency transfers.
  • Notifications. Keep track of your spending with notifications.
  • Freeze your card. Lock and unlock your card so it can only be used when you want it to be.
  • Hassle-free splitting. Manage group travel expenses through the bunq Splice Groups function.

bunq easyMoney

bunq’s easyMoney account, which costs €7.99 a month includes:

  • Three debit cards included. Each bunq easyMoney account comes with three cards that you get to choose: the Maestro card, a debit Mastercard and the bunq Travel Card.
  • MassInterest. bunq lets you earn interest on whatever money you have in your account, not just your savings account. Earn 0.27% on the first €10,000 held in your accounts, which is paid monthly.
  • Savings and payments. You can put money towards your savings goals, create a shared savings goal or create a slice group to split payments.
  • ATM withdrawals. You won’t be charged a fee for up to 10 withdrawals per month.
  • Create multiple accounts. bunq lets you create up to 25 bank accounts with their own unique IBAN. You can create 25 more for €19 per month.
  • Money transfers abroad with TransferWise. bunq uses TransferWise rates for international money transfers. You won’t be charged a fee unless you hold a bunq business account where you’ll pay €0.10 per transfer.
  • Apple Pay, Google Pay and FitBit Pay. You can pay with bunq using your iPhone, Android or watch.
  • Free account top-ups. Top up your account for no charge when you use iDeal, Sofort or a bank transfer.
  • Personalised payment links. You can use bunq.me to generate a link to send people who owe you money, and they can pay you back easily. They don’t need to be bunq customers.
  • Control your finances. Make use of receipt scanning, Zapier and Auto Vat.
  • Travel assistant. You can use the travel assistant in the bunq app so you can get help spending in another currency.

bunq easyGreen

With easyGreen, bunq’s top tier account for €16.99 a month, you’ll have access to all the features of easyMoney as well as the following exclusive perks:

  • Become Co2 free. For every €100 that you spend through your easyGreen Business account, a tree will be planted.
  • Metal card. Get a free exclusive Metal card if you sign up and pay for 24 months upfront.
  • Protection. You’ll receive Metal card purchase protection and extended warranty.

Fees and rates

There are a few different costs, fees and limits to consider when you choose a personal account with bunq. Below, we’ve listed some of the most important fees that you should consider. For a complete list of the fees, visit the bunq website.

easyGreeneasyMoneyeasyTravel
Monthly maintenance fee€16.99€7.99Free except for one-off fee of €9.99 for travel card
Additional 25 sub-accounts€19€19N/A
bunq+1 joint account€2.99€2.99N/A
Transfer fee to, or from, other SEPAs (Single Euro Payments Areas)FreeFreeFree for receiving SEPA payments only
Transferring non-euro payments through TransferWiseTransferWise fee only per transferTransferWise fee only per transferN/A
Direct debit or credit card top-upFree for the initial €500 deposited per month then 0.5% afterwardsFree for the initial €500 deposited per month then 0.5% afterwards0.5%
Requests paid instantly via debit or credit card2.5% of the sum2.5% of the sumN/A
ATM withdrawals10 withdrawals per month10 withdrawals per month€0.99 per withdrawal
Fee for exceeding €100,000 account balance€0.03 per day for each €1,000€0.03 per day for each €1,000€0.03 per day for each €1,000
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Verdict

bunq offers innovative accounts for those looking for different features from their bank. You can benefit from features that come standard with digital banks such as budgeting options and security tools, but you also get extra features such as the option of multiple bank accounts and an eco-friendly account option that can help you become CO2 free. While these are great features, make sure you are going to use and benefit from them before you sign up as there is no free bank account option.

How to sign up

You can open bunq if you reside in the EU or are planning on moving there. To sign up, head to the bunq website and then download the app. You’ll need to submit certain details about yourself and verify your identity.

Once your account is verified you can order three Maestro, Mastercard, or bunq travel cards. It usually takes between two and three working days for the bunq card to arrive.

Compare bunq with other digital banks in Germany

Data updated regularly
Name Product Monthly fee Card delivery Supported currencies
Commerzbank Kostenloses Girokonto
€0
3 to 4 business days

1

Receive €100 starting credit after 3 months of account activity

A current account with €0 fees and cashback at select Shell petrol stations. Includes a Mastercard Classic credit card.
1822MOBILE Account
1822MOBILE Account
€0
N/A

1

Free account management, up to € 100 referral bonus and a free savings bank card: your current account 1822MOBILE offers all of this.
Bitwala Bank Account
€0
Up to 14 days

1

A unique bank account and crypto-wallet managed through a user-friendly app with real-time spending notifications. Includes a free digital Mastercard.
N26 Standard
€0
Up to 10 working days

1

Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
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Data updated regularly
Name Product Monthly fee Card delivery Supported currencies
Fidor Smart Current Account
€5
N/A

1

A mobile current account with real-time notifications on your transactions. Includes a digital Mastercard with mobile payment and a Smart Banking app.
Comdirect Bank Current Account
€4.90
N/A

1

A current account with no minimum incoming funds. Includes a free Visa credit card and free cash withdrawals worldwide.
N26 Metal
€16.90
Up to 10 working days

1

Receive a stainless steel Metal card available in 3 shades, an insurance package and exclusive offers.
Tomorrow Zero
€15
3-5 business days

1

A free Visa debit card with free transactions across the globe and unlimited free ATM withdrawals per month.
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Please note these products are not licenced as banks. Check our product review pages for details.
Data updated regularly
Name Product Monthly fee Card delivery Supported currencies
Wirex Multi-Currency Card
€1.20
Up to 4 business days

19

Get a Welcome Bonus of 1,000 WXT when you sign up with Wirex through Finder.

A multicurrency account that lets you spend aborad in more than 150 currencies and 11 supported cryptocurrencies.
Revolut Premium
€7.99
Up to 3 working days

14

A combined current account and IBAN account with unlimited free currency conversions and international transfers in over 25 currencies.
VIABUY Prepaid Mastercard
VIABUY Prepaid Mastercard
€1.65
3-5 business days

1

VIABUY Prepaid Mastercard comes with no line of credit and it does not require credit checks.
Revolut Metal
€13.99
Up to 3 working days

14

A premium account with an exclusive Metal card featuring insurances, cashback, concierge service, cryptocurrencies and more.
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Frequently asked questions

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