Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

bunq vs Monese in Ireland

Two of Ireland's challenger banks compared side by side to help you find the right digital bank for your needs.

Digital banking is increasing in popularity thanks to a range of easy to use smartphone apps and services that give you a bank in the palm of your hand, with no need to ever step foot into a physical branch. Bunq and Monese will cover your basic banking needs, as well as some extra features, such as ethical investing (Bunq) or no-cost foreign spending (Monese). Both banks feature quick and easy management of funds through simple to use smartphone apps or online portals, which also cuts down on fees since you don’t have to deal with a branch. Compare the expansive range of features below.

Quick review: bunq vs Monese

bunq stands out as an innovator in digital banking, squeezing a wide range of features into its platform to help users understand their spending habits, save money, and budget as easily and insightfully as possible.

To coincide with its fifth anniversary, bunq simplified its accounts tailored to individuals, couples and businesses. bunq also offers two specialised cards which can be used with existing bank accounts (ie, no need to switch) that are aimed at travellers and even environmentally conscious spenders.

Monese provides straightforward access to digital banking, with an easy to use smartphone app for managing funds. The app is constantly updated with insights on payments and earnings, which are easily interpreted thanks to a sleek and modern design.

Travellers and expats will enjoy little to no fees when spending abroad, as well as the ability to send money overseas. Monese is available throughout the Eurozone and UK to anyone with a mobile number and proof of identity (no proof of address or credit check required). Accounts are available in both Euros and GBP.

bunq vs Monese side-by-side comparison

bunq Easy Money Personal

Monese Classic

bunq Easy Money Personal

Monese Classic

OVERVIEW
Description 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. A dual currency card designed for travellers with no foreign currency fees up to €2,000 per month and foreign transfers in several currencies.
Monthly fees: 8.99 € 5.95 €
Card delivery Up to 10 working days Within 14 days
Mobile wallets Apple Pay
Google Pay
FitBit Pay
Apple Pay
Google Pay
Supported currencies EUR
GBP
EUR
Free ATM withdrawals limit 4 withdrawals per month 900 € per month after which a 2% applies
GLOBAL SPENDING
Currency conversion fee 0% 2%
Free currency conversion limit Unlimited Unlimited
EXTRA FEATURES
Savings function Account with interest earned Account with interest earned
Benefits Payment notifications
Bill splitting
Spending categorisation
Fast transfers
Web app
Payment notifications
Fast transfers
Web app
Learn more

bunq Easy Green Personal

Monese Premium

bunq Easy Green Personal

Monese Premium

OVERVIEW
Description An account with an exclusive stainless steel card. Help the environment – a tree will be planted for every €100 you spend. A premium card with no fee for international payments, no foreign currency fees and unlimited ATM withdrawals at home and abroad.
Monthly fees: 17.99 € 14.95 €
Card delivery Up to 10 working days Within 14 days
Mobile wallets Apple Pay
Google Pay
FitBit Pay
Apple Pay
Google Pay
Supported currencies EUR
GBP
EUR
Free ATM withdrawals limit 4 withdrawals per month 2500 €
GLOBAL SPENDING
Currency conversion fee 0% 0%
Free currency conversion limit Unlimited Unlimited
EXTRA FEATURES
Savings function No Account with interest earned
Benefits Payment notifications
Spending categorisation
Web app
Payment notifications
Virtual cards
Fast transfers
Web app
Open multiple bank accounts
Learn more

*We selected products from each provider that were the most comparable. You can find all available products on our review pages as well as the provider’s website.

Verdict

Overall both banks are similar with their offerings – the digital bank experience straight from your smartphone, competitive rates on overseas spending and a modest variety of account options including business and shared.

However, bunq stands out as the premier option for users who want deeply nuanced control over their funds, as well as on the record-keeping & accounting side of things too. The Easy Money and Easy Green personal and business accounts also offer 25 unique bank account for a fee. Couple this with software that is constantly tracking your incomings and outgoings, a modest ecosystem of interoperable apps, and you’ve got quite a powerful banking experience in the palm of your hand. Unfortunately, though, bunq doesn’t offer a free option, and you will need proof of residence to sign up – something that Monese users don’t need to worry about.

This leaves Monese as an excellent option for customers with more casual needs, especially considering that it offers a free account that includes a debit card. New users only need a mobile phone number and ID to sign up, which makes it an excellent choice for travellers or expats, as well as young people looking to open their first bank account. Monese also offers accounts in both Euros and GBP, which makes it a strong option for anyone that does a lot of cross-border travel or business.

Looking for more options? Compare a range of digital banks in Ireland

Name Product Monthly Fee Free ATM withdrawal limit Supported currencies
N26 Bank Account
0 €
3 withdrawals per month

1

Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
Revolut Standard
0 €
€200 per month

28

Enjoy no monthly fee, no currency conversion fees up to €1,000 per month and hold an array of currencies in your account.
Wise Multicurrency Account
0 €
2 withdrawals up to €200 per month

19

Wise (formerly TransferWise) is an international account with over 50 currencies, instant and very convenient money transfers, a card to spend in any currency, bank details to be paid in 30 different countries and multi-currency direct debits.
Wirex Standard
0 €
€400 per month

13

Get a Welcome Bonus of $15 USD in WXT when you sign up with Wirex through Finder.

Benefit from an array of digital payment features, including a free prepaid Wirex card and unlimited fee-free transfers at interbank rates - with zero monthly subscription fee.
loading

Compare up to 4 providers

Name Product Monthly Fee Free ATM withdrawal limit Supported currencies
Revolut Premium
7.99 €
€400 per month

28

A combined current account and IBAN account with unlimited free currency conversions and international transfers in many currencies.
bunq Easy Money Personal
8.99 €
4 withdrawals per month

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.
N26 Smart
4.90 €
5 free withdrawals per month

1

A mid-tier, premium subscription plan that comes with a range of essential money management features to help you better manage your finances.
Revolut Plus
2.99 €
€200 per month

28

Enjoy purchase, event ticket and returns protection, plus other innovative features with this lower-priced subscription plan.
loading

Compare up to 4 providers

Frequently asked questions (FAQs)

Compare more big digital banks against each other

Revolut Premium vs Revolut Standard

Revolut Premium vs Revolut Standard

We compare Revolut Standard and Revolut Premium side by side to help you decide which account is right for you.

Read more…
Revolut vs Monese in Ireland

Revolut vs Monese in Ireland

Compare Revolut and Monese across a range of features to find the right digital bank account for your needs.

Read more…
N26 vs bunq

N26 vs bunq

N26 and bunq are two big names in the world of ‘challenger banks’, but how do they compare?

Read more…

More guides on Finder

  • A beginner’s guide to cryptocurrency ETFs

    If you’re looking for ways to gain exposure to bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.

  • Foreign currency accounts in Ireland

    International banking transactions can be made easy with the help of a multi currency account. If you find that you are consistently trying to manage currencies other than the Australian dollar, then consider banking your money in this type of account.

  • Debit cards for kids

    Support your child’s financial knowledge and teach the important real-life money skills in a safe and controlled way with a kids debit card.

  • Best budgeting apps in Ireland

    Discover how to save money when you use these handy money-saving apps.

  • AscendEX (BitMax) Cryptocurrency Exchange Review

    A complete review of the AscendEX exchange, covering trading and DeFi features, associated fees, regulation and security. Is AscendEX right for you?

  • Revolut alternatives including banks, apps and competitors

    There are a number of cards and banking apps similar to Revolut that you can use in Ireland, so we’ve put together a list and compared their features for you.

  • Using a debit card abroad

    A debit card with little or no international transaction fees makes it a great option to use abroad. We look at the pros and cons of using a debit card abroad.

  • Banks with Samsung Pay in Ireland

    Samsung Pay is an app that will let you make contactless tap and go payments without using your debit card or entering a PIN.

  • Gemini vs Coinbase

    We compare these two large cryptocurrency exchanges to see how their fees, features and customer support stack up.

  • Metamask wallet review and guide

    All you need to know about Metamask – the browser extension digital wallet and a user-friendly bridge to the world of Ethereum decentralised applications.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site