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Online banks in the Netherlands

Find out what you need to know about online banks before you sign up.

Openbank Open Payment Account

Openbank Open Payment Account logo

€ 0

Monthly Fee

  • Unlimited domestic and EU transfers
  • € 0 debit card
  • Exclusive travel benefits
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Compare a range of digital banks in the Netherlands

Neobanks put your finances at your fingertips 24/7. There's a range of challenger banks, digital-only banks and personal finance apps available now, designed to give you better, faster control of your cash. We've rounded up everything you need to know about digital bank accounts in the Netherlands.

Name Product Mobile View Digital Banks EN Monthly fee Card delivery Mobile payments Supported currencies
Wise Multicurrency Account
Wise Multicurrency Account
  • Monthly fee

    € 0

  • Card delivery

    Up to 14 working days

  • Mobile payments

  • Supported currencies

    10

€ 0
Up to 14 working days
Apple Pay, Google Pay

10

Wise (formerly TransferWise) is an international account for over 50 currencies, with instant, super-cheap money transfer, a card to spend in any currency, bank details to get paid in 30 different countries and multi-currency direct debits.
N26 Bank Account
  • Monthly fee

    € 0

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    1

€ 0
Up to 10 working days
Apple Pay, Google Pay

1

Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
bunq Easy Bank Personal
  • Monthly fee

    € 2.99

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    19

€ 2.99
Up to 10 working days
Apple Pay, Google Pay, Fitbit Pay

19

Benefit from zero FX fees, bill splitting facility, and a wide range of advance payment features with this low-cost digital account.
Revolut Standard
  • Monthly fee

    € 0

  • Card delivery

    Up to 9 working days

  • Mobile payments

  • Supported currencies

    20

€ 0
Up to 9 working days
Apple Pay, Google Pay

20

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 the ability to hold up to 16 currencies in your account.
Openbank Open Payment Account
  • Monthly fee

    € 0

  • Card delivery

    N/A

  • Mobile payments

  • Supported currencies

    1

€ 0
N/A
Apple Pay, Google Pay, Fitbit Pay, Garmin Pay

1

An open payment account with € 0 fees and free domestic and EU transfers. Includes a free debit card with travel benefits.
bunq Easy Green Personal
  • Monthly fee

    € 17.99

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    19

€ 17.99
Up to 10 working days
Apple Pay, Google Pay, Fitbit Pay

19

An account with an exclusive stainless steel card. Help the environment – a tree will be planted for every € 100 you spend.
Revolut Plus
  • Monthly fee

    € 2.99

  • Card delivery

    Up to 9 working days

  • Mobile payments

  • Supported currencies

    20

€ 2.99
Up to 9 working days
Apple Pay, Google Pay

20

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

A Revolut Plus account gives you the security of all your online purchases with the purchase guarantee, interest on your savings, and many more extras for just a small amount per month
bunq Easy Money Personal
  • Monthly fee

    € 8.99

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    19

€ 8.99
Up to 10 working days
Apple Pay, Google Pay, Fitbit Pay

19

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
  • Monthly fee

    € 4.95

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    1

€ 4.95
Up to 10 working days
Apple Pay, Google Pay

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 Metal
  • Monthly fee

    € 13.99

  • Card delivery

    Up to 3 working days

  • Mobile payments

  • Supported currencies

    20

€ 13.99
Up to 3 working days
Apple Pay, Google Pay

20

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.
N26 You
  • Monthly fee

    € 9.90

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    1

€ 9.90
Up to 10 working days
Apple Pay, Google Pay

1

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

    € 1.66

  • Card delivery

    Within 24 hours

  • Mobile payments

  • Supported currencies

    1

€ 1.66
Within 24 hours
Apple Pay, Google Pay

1

A secure, prepaid card that lets you spend worldwide. No credit checks and receive your card within 24 hours.
Revolut Premium
  • Monthly fee

    € 7.99

  • Card delivery

    Up to 3 working days

  • Mobile payments

  • Supported currencies

    20

€ 7.99
Up to 3 working days
Apple Pay, Google Pay

20

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 30 currencies.
N26 Metal
  • Monthly fee

    € 16.90

  • Card delivery

    Up to 10 working days

  • Mobile payments

  • Supported currencies

    1

€ 16.90
Up to 10 working days
Apple Pay, Google Pay

1

Receive a stainless steel Metal card available in 3 shades, an insurance package, exclusive offers, and great rates and fees.
Monese Simple
  • Monthly fee

    € 0

  • Card delivery

    Up to 3 working days

  • Mobile payments

  • Supported currencies

    2

€ 0
Up to 3 working days
Apple Pay, Google Pay

2

A dual currency account with no foreign currency fees up to N/A. Features include budgeting tools and multilingual support.
Vivid Standard
  • Monthly fee

    € 0

  • Card delivery

    4-5 days

  • Mobile payments

  • Supported currencies

    1

€ 0
4-5 days
Apple Pay, Google Pay

1

A free bank account with fee-free payments and transfers globally. Enjoy up to 10% cashback per month.
Triodos Internet Payment Account
Triodos Internet Payment Account
  • Monthly fee

    € 5

  • Card delivery

    N/A

  • Mobile payments

    • Supported currencies

      1

    € 5
    N/A
    iDEAL

    1

    A Triodos internet payment account is an online and mobile banking services for those who want to change the world for the better.
    Openbank Я42 Debitcard
    • Monthly fee

      € 7.99

    • Card delivery

      N/A

    • Mobile payments

    • Supported currencies

      1

    € 7.99
    N/A
    Apple Pay, Google Pay

    1

    With the Openbank Я42 debit card you can easily spend money worldwide. In addition, for only € 7.99 you can travel stress-free thanks to the flexible travel card plan, which also immediately insures you.
    Monese Premium
    • Monthly fee

      € 14.95

    • Card delivery

      Up to 3 working days

    • Mobile payments

    • Supported currencies

      2

    € 14.95
    Up to 3 working days
    Apple Pay, Google Pay

    2

    A premium card with no fee for international payments, no foreign currency fees and unlimited ATM withdrawals at home and abroad.
    Vivid Premium
    • Monthly fee

      € 9.90

    • Card delivery

      4-5 days

    • Mobile payments

    • Supported currencies

      1

    € 9.90
    4-5 days
    Apple Pay, Google Pay

    1

    A premium bank account with maximised cashback rewards on everyday spending online and in store, including up to 100€ cashback per month.
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    Disclaimer: The products listed on this page are not representative of the whole market.

    What are online banks?

    Online banks, also called digital banks and challenger banks, are a new type of online financial institution that offers banking services designed to be managed entirely from a smartphone or web app. A digital bank account isn’t only convenient, but also often cheaper with fewer fees for travelling and foreign currency fees. You can also access other handy features such as budgeting tools, savings function, push notifications and other in-app functionalities.

    Why should you switch to a challenger bank?

    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 the Netherlands and provide proof of identity (a passport or driver’s 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 overseas, 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 support. Access online support within 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 help you to set up a direct debit to a savings account for this amount.

    Are neobanks ideal for expats in the Netherlands?

    Digital banks can be a great option if you’re living in the Netherlands as an expat. All you need is your name, personal details and mobile phone number to sign up for an account. The application process will also require documents for identity verification (e.g. government-issued ID or passport).

    Once you have set up a digital banking account, you can benefit from convenient money management tools and other benefits, such as competitive foreign currency transfers or even hold multiple currencies in one account. When you move back home or to another country, you can avoid the hassle of closing a traditional bank account and access this digital account anywhere.

    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 a traditional bank in the Netherlands. 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 the Netherlands charge admin or transaction fees on current accounts that can start from €5 per quarter. There are sometimes ways to avoid these fees, such as maintaining a minimum balance in your account or lodging above a certain amount each month, but the fees may still be quite high. Traditional banks can also charge fees for ATM withdrawals, card transactions and direct debit/standing orders.

    However, digital banks generally charge 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 upgrade and 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 the Netherlands usually have a limit on how many ATM withdrawals you can make a month. The number of free withdrawals will vary depending on the level of the account. Expect more free withdrawals with the top level accounts. Digital banks also tend not to 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 cheaper 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. Revolut now operates as a fully licenced bank. Your funds will also be protected by the Lithuanian State Company “Deposit and Investment Insurance” up to €100,000. N26 holds a German banking licence, which means consumer deposits up to €100,000 are protected. Similarly, bunq is a fully licenced EU bank and money is covered by the Dutch National Bank guarantee scheme up to €100,000. Monese, however, does not have a banking licence. It operates as an e-money institution.

    5. Everything is managed on your smartphone

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

    Which are the digital banks available in the Netherlands?

    There are a number of mobile banks available in the Netherlands. 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 gives you a digital bank account that lets you save and budget. It also lets you transfer money to other N26 users plus gives you optional travel insurance and cashback.
    • bunq.bunq is a bank account designed for global citizens offering up to 25 bank accounts with unique IBANS, savings and budgeting tools, money transfers through Transferwise and no foreign exchange fees.
    • Vivid Money.Choose between a standard and premium account and enjoy a number of benefits, including cashback.
    • Monese. Digital bank Monese lets you set up a UK current account and manage it from anywhere in the world and get a secondary IBAN account. But it doesn’t have a full banking licence and instead, operates as an e-money institution. You can use the app in multiple languages and make foreign transfers in up to eight currencies.
    • Openbank. The Openbank Open Payment Account offers free domestic transfers, free cash withdrawals and more, all for no monthly fee.

    How to get started with a digital bank

    You can sign up with a digital bank in the Netherlands 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 the Netherlands. 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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