Rabobank vs ING
This guide compares Rabobank vs ING to help you choose the right account for you.
Read more…Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Revolut vs bunq
Compare these popular digital banks and pick the right one for you.
Revolut and bunq are both booming digital banks in the Netherlands. Each of these providers offers low-cost money management tools through intuitive apps. Whether you choose Revolut or bunq, you may rest assured that you’ll enjoy a range of useful features including quick international transfers, easy savings schemes and security-enhancing tools. However, there are some that you should take note of when comparing Revolut vs bunq, including the availability of crypto transfers, ability to accumulate interest on your savings and a whole other host of factors.
This guide provides a side-by-side comparison of Revolut vs bunq, to help you choose the best digital bank for you.
Quick Review: Revolut vs bunq
- Revolut offers a digital banking app that helps you send, receive and manage your money in a few swipes. Revolut accounts come in three different tiers: Standard, Premium and Metal. The Standard account, which is Revolut’s free account, comes with basic features such as free currency conversions, ATM withdrawals and spending insights. Revolut’s paid Revolut accounts are the Premium and Metal accounts and come with extra perks including more lenient limits on ATM withdrawals or currency conversions. Regardless of which account you pick, all Revolut accounts come with a free IBAN account, current account and card. You may use your account to spend in more than 150 currencies and exchange 29 fiat currencies.
- bunq is a convenient digital banking tool that helps you save and spend money easily. When banking with bunq, you may choose 1 of 2 premium accounts that come with a monthly fee of €8.99. You may use an Easy Money account to create multiple IBAN bank accounts, earn interest on your savings, transfer money abroad or even upgrade to an Easy Green membership for eco-friendly card schemes. Alternatively, you may also choose the most affordable bunq Easy Bank card that comes with a range of basic payment features. bunq also offers an Easy Savings account — a no-fee account that pays a monthly interest of 0.09%.
Breakdown of Revolut vs bunq
Revolut Standard |
bunq Easy Bank Personal |
|
|---|---|---|
|
|
|
|
|
|
|
| OVERVIEW | ||
| Description | 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. | Benefit from zero FX fees, bill splitting facility, and a wide range of advance payment features with this low-cost digital account. |
| Supported devices: | iPhone Android |
iPhone Android |
| Savings function | Interest earned |
Interest earned |
| Insurance | Overseas medical Baggage delay Flight delay Winter sports Car rental Purchase protection |
N/A |
| Customer Support | In-app |
In-app Web-based chatbot |
| Benefits | Bill splitting Spending categorisation |
Spending categorisation Fast transfers Web app |
| SPEED | ||
| Card delivery | Up to 9 working days | Up to 10 working days |
| FEES | ||
| Monthly fee | € 0 | € 2.99 |
| SEPA transfers | € 0 | |
| International transfers | € 5 | |
| ATM fee | € 1 | € 2.99 |
| FEE-FREE LIMITS | ||
| ATM withdrawals free limit | €200 per month | The first 5 withdrawals cost € 0.99 per month |
| No-fee currency conversion limit | 0% | 0% |
| Free international transfer limit | N/A | N/A |
| Security | ||
| Security | Card freeze feature Real-time notifications Customisable card security settings Location-based security Deposit protection 2FA authentication |
Card freeze feature Real-time notifications Fingerprint login |
| Learn more |
|
|
Revolut Premium |
bunq Easy Money Personal |
|
|---|---|---|
|
|
|
|
|
|
|
| OVERVIEW | ||
| Description | A combined current account and IBAN account with unlimited free currency conversions and international transfers in 30 currencies. | 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. |
| Supported devices: | iPhone Android |
iPhone Android |
| Savings function | Interest earned |
Interest earned |
| Insurance | Overseas medical Baggage delay Flight delay Winter sports Car rental Purchase protection |
N/A |
| Customer Support | In-app |
In-app Web-based chatbot |
| Benefits | Bill splitting Lounge access Insurance covers Concierge Fast transfers Web app |
Virtual cards Open multiple bank accounts |
| SPEED | ||
| Card delivery | Up to 3 working days | Up to 10 working days |
| FEES | ||
| Monthly fee | € 7.99 | € 8.99 |
| SEPA transfers | € 0 | € 0 |
| International transfers | € 5 | |
| ATM fee | € 1 | € 2.99 |
| FEE-FREE LIMITS | ||
| ATM withdrawals free limit | €400 per month | First four withdrawals per month are free, the five after are € 0.99 |
| No-fee currency conversion limit | 0% | 0% |
| Free international transfer limit | 1 per month | Not applicable |
| Security | ||
| Security | Card freeze feature Real-time notifications Customisable card security settings Location-based security Deposit protection 2FA authentication |
Real-time notifications Fingerprint login |
| Learn more |
|
|
Revolut Metal |
bunq Easy Green Personal |
|
|---|---|---|
|
|
|
|
|
|
|
| OVERVIEW | ||
| Description | A premium account with an exclusive Metal card featuring insurances, cashback, concierge service, cryptocurrencies and more. | An account with an exclusive stainless steel card. Help the environment – a tree will be planted for every € 100 you spend. |
| Supported devices: | iPhone Android |
iPhone Android |
| Savings function | Interest earned |
Interest earned |
| Insurance | Overseas medical Winter sports Car rental Purchase protection |
N/A |
| Customer Support | In-app |
In-app Web-based chatbot |
| Benefits | Spending categorisation Lounge access Insurance covers Concierge Fast transfers Web app |
Bill splitting Web app |
| SPEED | ||
| Card delivery | Up to 3 working days | Up to 10 working days |
| FEES | ||
| Monthly fee | € 13.99 | € 17.99 |
| SEPA transfers | € 0 | € 0 |
| International transfers | € 5 | |
| ATM fee | € 1 | € 2.99 |
| FEE-FREE LIMITS | ||
| ATM withdrawals free limit | €800 per month | First four withdrawals per month are free, the five after are €0.99 |
| No-fee currency conversion limit | 0% | 0% |
| Free international transfer limit | 3 per month | Not applicable |
| Security | ||
| Security | Card freeze feature Real-time notifications Customisable card security settings Location-based security Deposit protection 2FA authentication |
Real-time notifications Fingerprint login |
| Learn more |
|
|
Disclaimer: The products listed on this page are not representative of the whole market.
*To be eligible, open the account by 15 February 2021 and deposit at least €300 by 8 March 2021. New customers only. Use the code VALENTIJN40. Verdict
On the surface, Revolut and bunq both offer plenty of similar features and perks for their users. Each of these digital banks offers easy payment solutions, saving schemes, low-cost currency conversion, and ATM withdrawals.
Revolut stands out by offering an affordable, free account with competitive features. It offers intuitive app features such as spending insights, split-bill functionality and Vault savings features. In addition to this, Revolut is definitely a great digital bank for individuals interested in buying cryptocurrency. Few other digital banks offer this functionality. However, the downsides of using Revolut involve the caps and restrictions associated with ATM withdrawals and foreign exchanges, as well as mark-ups on select currency conversion fees.
bunq, on the other hand, is a great option for individuals interested in setting up multiple IBAN accounts. It offers cheap international transfers and interest on savings in your account. Its separate savings account, bunq Easy Savings, is also a good option to consider. This makes it more like a standard bank account than Revolut. Besides this, bunq is offered in 6 different languages which could appeal to you if English is not your first language. However, bunq’s higher-tier Easy Green account is more expensive than Revolut’s Metal account.
Ultimately, both of these digital banks offer competitive features that cater to a range of financial needs. The best digital bank for you thus depends on your current financial situation and purpose for opening an account. For example, a crypto-buyer would prefer Revolut while a non-native English speaker might prefer bunq for its platform. For a more comprehensive review of each of these digital banks, check out our full review of Revolut and bunq in the Netherlands.
Looking for more options? Compare a range of digital banks in the Netherlands
Disclaimer: The products listed on this page are not representative of the whole market.
Compare more big digital banks against each other
ABN Amro vs ING
ABN Amro or ING – which bank is right for you? Compare the two banks in this detailed guide.
Read more…
Revolut vs N26 in the Netherlands
Revolut and N26 are digital banks in the Netherlands with a few differences to take note of. Compare both and find out which will be better for you.
Read more…
More guides on Finder
-
Review: Kriptomat cryptocurrency exchange
Discover the features available on the EU-focused Kriptomat cryptocurrency exchange, how to get started and what cryptocurrency investor the exchange is best suited for.
-
De 6 meest duurzame banken van Nederland
In deze gids geven we een overzicht van de meest duurzame banken van Nederland.
-
ING vs bunq
In deze gids vergelijken we ING vs bunq om de verschillen tussen een traditionele en online bank duidelijk te maken. Ga na wat beter bij jou past.
-
N26 vs Monese
In deze gids vergelijken we de overeenkomende producten van de digitale banken N26 en Monse zodat je kunt nagaan welke bank beter bij jou past.
-
Hoe kun je Bitcoin SV kopen?
In deze koopgids vind je alles dat je moet weten over het kopen, verkopen en traden van Bitcoin SV.
-
Vivid Money Review
Maak kennis met Vivid Money, een app voor mobiel bankieren. Lees meer over de mogelijkheden en kosten in deze review.
-
N26 of bunq?
Vergelijk de banken N26 en bunq zij aan zij wat betreft producten, kosten, mogelijkheden en functies om te beslissen welke bank beter bij jou past.
-
Triodos Internet betaalrekening
De Triodos internet betaalrekening is een duurzame rekening waarmee je bijdraagt aan een betere en groenere samenleving. Lees in deze review wat je van deze rekening kunt verwachten.
-
Hoe kun je een bankrekening openen als buitenlander?
Het openen van een Nederlandse bankrekening als buitenlander hoeft niet moeilijk te zijn. Volg de stappen in deze gids en open vandaag nog een rekening.
-
Lijst van Nederlandse banken
Hier vind je een lijst van Nederlandse banken waar je terecht kunt voor een betaalrekening of spaarrekening in Nederland.