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Online banks in Ireland

Find out about the digital banks available in Ireland and how to choose one for you.

N26 Bank Account

N26 Bank Account logo

0 €

Monthly Fee

  • Euro IBAN account
  • 0% foreign currency fees
  • Google Pay and Apple Pay
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Compare a range of digital banks in Ireland

Digital banks give you a whole bank in your pocket. These banks, also known as challenger banks and online banks, offer accounts with low fees, smart budgeting tools and more. Compare digital banks in Ireland and find out more about them below.

Name Product Monthly Fee Free ATM withdrawal limit Supported currencies
Revolut Standard
0 €
€200 per month


Enjoy no monthly fee, no currency conversion fees up to €1,000 per month and hold an array of currencies in your account.
N26 Bank Account
0 €
3 withdrawals per month


Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
Wise Multicurrency Account
0 €
2 withdrawals up to €200 per month


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.
N26 Metal
16.90 €
8 withdrawals per month


Receive a stainless steel Metal card available in 3 shades, an insurance package and exclusive offers.
bunq Easy Money Personal
8.99 €
4 withdrawals per month


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.
Revolut Plus
2.99 €
€200 per month


Enjoy purchase, event ticket and returns protection, plus other innovative features with this lower-priced subscription plan.
bunq Easy Green Personal
17.99 €
4 withdrawals per month


An account with an exclusive stainless steel card. Help the environment – a tree will be planted for every €100 you spend.
N26 Smart
4.90 €
5 free withdrawals per month


A mid-tier, premium subscription plan that comes with a range of essential money management features to help you better manage your finances.
Wirex Standard
0 €
€400 per month


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.
Revolut Premium
7.99 €
€400 per month


A combined current account and IBAN account with unlimited free currency conversions and international transfers in many currencies.
bunq Easy Bank Personal
2.99 €
5 withdrawals per month


Benefit from zero FX fees, bill splitting facility and a wide range of advance payment features with this low cost digital account.
N26 You
9.90 €
5 withdrawals per month


A smart IBAN account with no currency conversion fees, complimentary insurances and no ATM fees here or abroad.
Wirex Premium
9.99 €
€400 per month, then 2% fee


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

Enjoy revolutionary digital payment features on-the-go, plus exclusive merchant deals and higher rewards when you spend on your Wirex card.
Revolut Metal
13.99 €
€800 per month


A premium account with an exclusive Metal card featuring insurances, cashback, concierge service, cryptocurrencies and more.
VIALET Current Account
0 €


An IBAN account you can use to manage your money and spend in over 200 countries worldwide, fee-free.
Wirex Elite
29.99 €
€400 per month, then 2% fee


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

Access supercharged rewards and curated merchant offers in addition to standard Wirex digital payment features and travel card.

Compare up to 4 providers

What is an online bank account?

Online bank accounts, also called digital or challenger bank accounts, are bank accounts that are managed entirely online through your smartphone or computer.

These banks will charge far fewer fees than traditional Irish banks and also offer other useful features such as budgeting tools, smart money tracking and low-cost travel and money transfers.

Why should I use an online bank account in Ireland?

There are quite a few advantages to signing up with a digital bank:

  • Fast sign-up. You can usually open an app-based account within minutes. You’ll need to reside in Ireland and provide proof of identity (a passport or driving licence will do).
  • Banking access in your pocket. Your entire bank account is built to live on your smartphone. You can send money, budget and save all within the digital bank app.
  • Fast and cheap international transfers and spending. A big advantage of app-based banks is they often have no fees for foreign currency transactions. This will help you save when online shopping from a site abroad, when you’re travelling and sending money across the border.
  • 24/7 support. If you need help you don’t need to visit a bank branch to get it. Just jump onto online support in your app.
  • Instant spending notifications. Know how much you’ve spent as you’re spending. Many apps tell you the time, place, location and amount of your transactions to help you keep track. You can also get notifications for your balance and other useful need-to-knows.
  • Spending and saving features. Digital bank apps offer useful budget tracking features and tools designed to get you in control of your money. This includes automatically dividing your spending into categories, making sure you have enough money to pay bills and helping you save for your goals.
  • Automatic savings. Some apps can look at your spending habits and income and identify how much you can reasonably save each month, then helping you to set up a direct debit to a savings account for this amount.

Are there any disadvantages to an online account?

If you’re planning to open a current account online, it’s important to be aware that there may be certain features which aren’t available to you. Many digital banks don’t offer mortgages or business accounts. By not being able to bundle together such financial products with your current account, you could miss out on lower rates of interest in the future. Be sure to check if there are any account restrictions, such as how many ATM withdrawals you can make a month. Cheque facilities are not usually offered with these types of accounts.

When comparing online bank accounts, be aware that your money might not have the same protection as it would with traditional banks. That’s because not every digital bank is licenced in the same way. A good starting point could be to check if a bank has been granted a European banking licence. If you’re unsure, look for information on the bank’s website or ask the bank directly about how your money will be protected.

6 things to know about digital banks

Here are a few things that you may not know about using your smartphone as your main point of contact with your bank, rather than having a traditional bank account:

1. There are fewer fees

Most of the big traditional banks in Ireland charge admin or transaction fees on current accounts that can range from €4-18 per quarter. There are sometimes ways to avoid these fees, such as maintaining a minimum balance in your account, but the fees are still quite high. Banks also charge fees for ATM withdrawals, card transactions and direct debit/standing orders.

However, digital banks charge far fewer fees. You will find that most will come with a “free” account option that charges €0 per month. Then, if you want to unlock more features you can pay a monthly fee. There are sometimes ATM fees but you will not pay fees for card transactions and there are no annual fees. You can also avoid some of the smaller charges by switching to a paid account.

2. Cash and cheques usually aren’t supported

Unlike traditional banks, digital banks in Ireland usually have limitations on how many ATM withdrawals you can make a month and do not offer cheque facilities. With prepaid cards, you have to load your account digitally through a bank transfer.

3. Managing multiple currencies is easier

Digital banks tend to have better services in terms of foreign currency. Some let you hold multiple currencies in your account while others let you make international transfers faster and more cheaply than standard banks. No foreign currency fees also let you shop from websites abroad without paying too much for your purchase.

4. Your money may not be protected the same way it is with traditional banks

Not every digital bank is licenced in the same way. For example, Revolut has recently been granted a European banking licence which means your funds will be protected once it is implemented. Currently, funds are held in an account separate to Revolut and customers cannot deposit their salaries with them. However, N26 holds a German banking licence which means consumer deposits up to €100,000 are protected.

5. Everything is managed on your smartphone

Traditional banks in Ireland let you sign up for an account in a branch or online. With digital banks in Ireland, you can only sign up on your smartphone. You’ll also not get access to Internet banking on your computer with most digital banks.

6. There are great security features

A benefit of an app-based bank is having full access to your account at all times through your digital banking smartphone app. Lots of digital banks allow temporary freezing of your account if you lose your card, so if you find it again it’s not as much hassle to get a replacement. If you forget your pin, digital banks also have access to a pin reminder after you complete a couple of security questions.

If you lose your phone or it’s stolen, you will still be able to secure your account. Just contact the digital bank (contact details will be on the website) and your account will be able to be locked from your smartphone. If you get your phone back, the bank will be able to set access back up again. If not, you can set up your app on your new phone.

What online banks are available in Ireland?

There are a number of online banks available in Ireland. These include:

  • Revolut. Revolut is a global banking app that offers budgeting tools, international currency exchange, travel insurance, cryptocurrency facilities, virtual cards and more.
  • N26. N26 is a digital bank account that lets you save and budget, transfer money to other N26 users, optional travel insurance and cashback.
  • TransferWise (Wise). Wise, formerly known as TransferWise, offers a multi-currency account to let you bank like a local in multiple countries.
  • bunq. A bank account designed for global citizens, bunq lets you create up to 25 bank accounts with unique IBANs. You can also benefit from savings and budgeting tools, money transfers through TransferWise and no foreign exchange fees.
  • Monese. Monese lets you open a UK current account and manage it from anywhere in the world and get a secondary IBAN account. You can also use the app in multiple languages and make foreign transfers in up to eight currencies.
  • Neteller. Neteller is a prepaid Mastercard that lets you load your own funds to it and spend securely online. You can also make international money transfers, earn rewards and buy and sell cryptocurrency with the card.
  • Wirex. This is a digital banking travel card that helps you spend more easily here and abroad. You can buy, sell and manage nine currencies and 11 cryptocurrencies using Wirex.
  • VIALET. VIALET is a free IBAN account that lets you send free payments within Europe. You can also benefit from spending notifications, contactless payments and other useful security features.

How to get started with a digital bank

You can sign up with a digital bank in Ireland by downloading your chosen bank’s app onto your smartphone. You will need a few of your personal details to sign up, including your full name, date of birth, address and email address. You will need to confirm your identity and may need to deposit funds into your account to make it active. Then, your bank account will be created.

The bottom line

Digital bank accounts come with a number of useful features that can suit anyone banking in Ireland. If you’re looking for budgeting tools, a cheap way to access multiple currencies or a bank account to buy and manage cryptocurrencies, then you may want to consider a digital bank. Make sure you compare digital banks so you can find the right one for you.

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