Top 5 Online Banks

Compare top mobile banks & pick the ultimate banking experience!

Simple, mobile-only banking
No deposit needed, get approved fast
All listed apps are regulated & secure
Available on:
Transfer Fees: Low
Transfer Fees: Low
Transfer Fees: Low
Transfer Fees: Low
Transfer Fees: Med
Debit/Credit Card
ATM Withdrawal Fee
Key Features
Open Account
N26 Mastercard
 No-fee transactions worldwide

Up to 5 free withdrawals

3D Secure Mastercard-Apple & Google Pay™
Save up for a specific goal via sub-accounts
Pricing Plans
Additional Features
  • Free payments in any currency
  • International transfers to 19 countries
  • Allianz insurance package
  • CASH26 – Mobile withdraw and deposit cash for free (Germany)
  • Secured transactions with Touch ID (fingerprint)
  • Freeze your card/account option through App
  • 1.5 million customers across the EU
Payment options
  • Local Transactions via MoneyBeam
  • International Transactions via Transferwise
  • In store/online contactless payments
Paysend Card

Free ATM withdrawals

Transfer money to 80 countries at interbank rates
Free SEPA transfers
Pricing Plans
  • Exchange currencies at interbank rates
  • Free top-ups
  • Free virtual card
  • Global 24-7 customer support
  • Card-to-card payments
  • SEPA payments
bunq card

€0.99 per withdrawal

Transfer money via TransferWise
Joint accounts - Up to 25 private & shared sub-accounts
Pricing Plans
Additional Features
  • Sub-accounts for budgeting and savings
  • Send payments via SMS & Email
Payment Options
  • Bunq app
  • Bank transfer
  • PayPal
  • Google Pay & Apple Pay
Revolut card

Free (up to £200/month)

Over £200 – 2% 

Built-in budgeting features for savings, payments etc.
Instant exchange of 24 currencies into cryptocurrency
Pricing Plans
  • Free UK current account
  • Free Euro IBAN account
  • Freeze/unfreeze card directly from the app
  • Saving money: round up transactions/set one-off contributions
  • Buy Cryptocurrency (Bitcoin, Litecoin, Ethereum etc.)
  • Instant spending notifications
  • Transfer money to 24 different currencies
  • Set up recurring payments
  • Advanced travel insurances
  • SWIFT payments
  • Euro account – SEPA payments available
  • Transfer money to the USA via ACH number 
Monzo card

Up to £200 – Free

Over £200 – 3% 

Instant notifications for transactions
In-app freeze/unfreeze account (if Mastercard is lost)
Pricing Plans
  • UK Current Account 
  • 1% interest on any savings over £1,000. 
  • App notifications for all your account activity
  • Easy savings pots for particular purposes
  • Freeze/unfreeze account from the app
  • Bank transfer
  • Monzo account

Advertiser Disclosure is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Latest Reviews

"Easy sign-up, easy banking, great app and great communication. Exchange rates/fees for payments in foreign currencies are also better than most conventional banks. Got nothing but positive things to say about N26."

Pedro A. - Feb 16, 2019


  • Handy and very user-oriented concept
  • Solid and established partners with the world names
  • Well-designed and friendly application
  • Lots of unique & interesting features
  • Free account and no/low fees
  • Useful online FAQ support on their site


  • Limited locations available at the moment and the overall focus on Europe in currency, partners etc.
  • No face-to-face support

"Its a very nice bank ,a good experience on line, best treatment call center and an excellent information on time."

Vitor C. - Feb 8, 2019


  • You can manage both business and/or personal finances in one place
  • In-app advanced budget features
  • Competitive exchange rates for international transfers
  • App available in 10 languages
  • Monese offers UK banking services and accounts, even without a UK address
  • You can transfer money from the UK to over 25 other countries


  • You can only send currencies that match the destination country (eg. you can’t send USD to Europe)
  • Paywalls for certain privileges, extra benefits cost £4.95 per month

"I'm using Revolut card for all payments, exchange. I fully recommend it!"

Jennel A. - Feb 19, 2019


  • Option to hold and switch between multiple currencies
  • Payment splitting tool is useful on a day-to-day basis
  • Very good range of security features
  • Debit (prepaid) cards manageable via the app
  • Good exchange rates on international transfer


  • Not fully licensed, so no FSCS protection.
  • You can only withdraw £200 a month in cash 

How to Compare Online Banks


Despite operating fully online, most of the players in this niche are fully licensed and authorized as banks or financial institutions, meaning they meet the same requirements and fulfill the same highest standards as classic banks. Including the mandatory funds’ insurance. Choose authorized and insured companies only.


Top Online Banks choose not to reinvent the wheel, but rather outsource some services to the established experts. For example, despite being a relatively new service, N26 has established partnerships with the top-notch financial companies such as TransferWise (foreign exchange), Raisin (savings), Clark and Allianz (Insurance), Auxmoney (credit) and others, to be able to provide its customers with best & sterling products.


Many Online Banks will still provide you with a real international debit card, sometimes with free ATM withdrawals worldwide or within some region. It means that you can pay, withdraw money, block or unblock your card, set permissions or limits, and make other security changes — in other words, do everything you can do with a traditional bank, except easier & directly from the app or a desktop web-account. Look for features fitting your needs.

Fees and rates

Having a fully online business model means operating at a much lower cost than classic “bricks and mortar” banks. Thanks to huge savings on frugal organizational structures, no IT legacies and no expensive branch network, customers are getting outstanding value for their money by receiving higher interest rates and lower fees for transactions and account management. Choose the best cost-effective solution.


A fully online company doesn’t necessarily mean a small local business. For example, N26 is called one of the fastest growing banks in Europe and has more than 1 million customers across 17 European markets and over 430 employees. Choose a solid and established company.