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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.

bunq has accounts tailored to individuals, couples and businesses as well as a separate savings account. 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 GBP
SEK
PLN
CHF
DKK
NOK
USD
CZK
CAD
AUD
HUF
BGN
RON
EUR
SGD
MXN
HKD
INR
MYR
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 GBP
SEK
PLN
CHF
DKK
NOK
USD
CZK
CAD
AUD
HUF
BGN
RON
EUR
SGD
MXN
HKD
INR
MYR
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 accounts for a fee. bunq has also begun to offer Irish IBANs for bunq Easy Green and Easy Money customers in Ireland. This means customers can now access new services not previously available. These include receiving salaries, setting up direct debits and making payments. 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. That said, bunq does have a free savings account where you can earn up to 0.09% on your balance, with the interest being paid on a monthly basis.

For customers with more casual needs, Monese is an excellent option, especially considering 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 pound Sterling, 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

1 - 3 of 3
Name Product Mobile view decorator DBS Monthly Fee Free ATM withdrawal limit Supported currencies
N26 Bank Account
  • Monthly fee

    €0

  • Free ATM withdrawal

    3 withdrawals per month

  • Supported currencies

    1

€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.
Wise Multicurrency Account
  • Monthly fee

    €0

  • Free ATM withdrawal

    2 withdrawals up to €200 per month

  • Supported currencies

    19

€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.
Revolut Standard
  • Monthly fee

    €0

  • Free ATM withdrawal

    €200 per month

  • Supported currencies

    28

€0
€200 per month

28

Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months.

Enjoy no monthly fee, no currency conversion fees up to €1,000 per month and hold an array of currencies in your account.
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Compare up to 4 providers

1 - 7 of 7
Name Product Mobile view decorator DBS Monthly Fee Free ATM withdrawal limit Supported currencies
Revolut Premium
  • Monthly fee

    €7.99

  • Free ATM withdrawal

    €400 per month

  • Supported currencies

    28

€7.99
€400 per month

28

Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months.

A combined current account and IBAN account with unlimited free currency conversions and international transfers in many currencies.
Money Jar Prepaid Mastercard
  • Monthly fee

    €2.99

  • Free ATM withdrawal

    N/A

  • Supported currencies

    1

€2.99
N/A

1

Exclusive offer: Sign up through Finder and receive 6 months of no service fees with MoneyJar. Ts&Cs apply.


Spend only what you have with the Money Jar prepaid Mastercard, which allows you to make mobile, online and POS purchases.
N26 Smart
  • Monthly fee

    €4.90

  • Free ATM withdrawal

    5 free withdrawals per month

  • Supported currencies

    1

€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
  • Monthly fee

    €2.99

  • Free ATM withdrawal

    €200 per month

  • Supported currencies

    28

€2.99
€200 per month

28

Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months.

Enjoy purchase, event ticket and returns protection, plus other innovative features with this lower-priced subscription plan.
N26 Metal
  • Monthly fee

    €16.90

  • Free ATM withdrawal

    8 withdrawals per month

  • Supported currencies

    1

€16.90
8 withdrawals per month

1

Receive a stainless steel Metal card available in 3 shades, an insurance package and exclusive offers.
N26 You
  • Monthly fee

    €9.90

  • Free ATM withdrawal

    5 withdrawals per month

  • Supported currencies

    1

€9.90
5 withdrawals per month

1

A smart IBAN account with no currency conversion fees, complimentary insurances and no ATM fees here or abroad.
Revolut Metal
  • Monthly fee

    €13.99

  • Free ATM withdrawal

    €800 per month

  • Supported currencies

    28

€13.99
€800 per month

28

Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months.

A premium account with an exclusive Metal card featuring insurances, cashback, concierge service, cryptocurrencies and more.
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Compare up to 4 providers

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