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Updated 20 October 2026

Compare the top 10 neo banks in EMEA

Fees, features, regulation and current sign-up offers, side by side. Read the key facts, then open an account directly with the bank.

  • Licensed and regulated providers only
  • Fees and terms shown up front
  • Free to use, independent comparison

6 of 10 providers accept customers in the United Kingdom

Ranked using the criteria described in our methodology. Commercial relationships do not determine rank order. How we rank · Show all countries

1

Revolut

Multi-currency app account with a free Standard plan and optional paid plans

Travel & multi-currency
Revolut name card

Revolut is a mobile account for everyday spending, budgeting and holding and exchanging many currencies. In the EEA it is provided by Revolut Bank UAB, a Lithuanian bank; in the UK by Revolut Bank UK Ltd. The free Standard plan covers the basics, and paid plans add higher exchange and ATM allowances, insurance and other extras.

  • Hold, exchange and spend in multiple currencies in the app
  • Free Standard plan; paid plans from €3.99/month (EEA)
  • Card controls in the app: freeze, limits and virtual cards
Monthly fee
Standard €0 · Plus €3.99 · Premium €9.99 · Metal €17.99 · Ultra €55 (Ireland prices)
Card
Visa or Mastercard debit, physical and virtual
Currency exchange
Standard: no extra fee on weekdays up to €1,000/month, then 1%; +1% at weekends
ATM withdrawals
Standard: free up to €200 or 5 withdrawals/month, then 2% (min €1)
Available in
EEA, UK, Switzerland and other markets
Minimum age
18+ (separate accounts for 6–17)

Provided by Revolut Bank UAB, Konstitucijos ave. 21B, 08130 Vilnius, Lithuania. Bank licence, regulated by Bank of Lithuania; licensed by the European Central Bank, licence/register no. Company code 304580906. EEA: eligible deposits protected up to €100,000 by Lithuania's state deposit insurance. UK: Revolut Bank UK Ltd, authorised by the PRA and regulated by the FCA and PRA (FRN 981170); eligible deposits protected by the FSCS up to £120,000. Some existing UK accounts are still being moved from Revolut Ltd (e-money, safeguarded, not FSCS-protected).

2

Klarna

Klarna balance account and Klarna Card, from a Swedish licensed bank

Everyday spending & cashback
Klarna name card

Klarna is best known for pay-later shopping, and also offers Klarna balance: an in-app account you can spend with the Klarna Card, receive refunds and cashback into, and use to pay Klarna orders. It is provided by Klarna Bank AB, a bank licensed in Sweden. Optional paid memberships add interest on your balance and extra perks. This listing covers the balance account and card, not pay-later credit.

  • Free to sign up; spend your balance with the Klarna Card
  • Refunds and cashback paid into Klarna balance
  • Optional memberships from €4.99/month
Monthly fee
Free to sign up · optional memberships €4.99 to €44.99/month
Card
Klarna Card (debit), linked to your balance
Deposit protection
Swedish deposit guarantee (see below)
Available in
Selected European markets; check availability in your country
Minimum age
18+
Note
Pay-later products are credit and are not part of this comparison

Provided by Klarna Bank AB (publ), Sveavägen 46, 111 34 Stockholm, Sweden. Bank licence, regulated by Swedish Financial Supervisory Authority (Finansinspektionen), licence/register no. Org. no. 556737-0431. Klarna balance is covered by the Swedish deposit guarantee scheme, up to SEK 1,150,000 per depositor.

3

Wise

Account for holding, sending and spending money in many currencies

International transfers
Wise name card

Wise is a multi-currency account built around international money transfers at the mid-market exchange rate with a visible fee. You can hold dozens of currencies, get local account details in major currencies to receive money, and spend abroad with the Wise debit card. There is no monthly subscription: you pay per transaction. Wise is a regulated payment and e-money company, not a bank.

  • No monthly fee: pay only for what you use
  • Currency conversion from 0.24%, varying by currency
  • Local account details to receive money in major currencies
Monthly fee
€0 / £0 (no plans or subscriptions)
Card
Wise debit card, one-time order fee (£7 in the UK)
Currency conversion
From 0.24%, depends on the currency
ATM withdrawals
Free up to a monthly limit (UK: £250), then a % fee
Available in
Most of Europe and the UK, plus UAE, Israel and more
Deposit protection
Safeguarded, not covered by a deposit guarantee (see below)

Provided by Wise Europe SA, Rue du Trône 100, bte 3, 1050 Ixelles (Brussels), Belgium. Payment institution, regulated by National Bank of Belgium, licence/register no. Company no. 0713629988. Wise is not a bank. Customer money is safeguarded (kept separate from Wise's own funds) and is not covered by a deposit guarantee scheme. UK: Wise Payments Limited, authorised by the FCA as an e-money institution (FRN 900507).

4

Monzo

UK app-based current account with budgeting tools

UK everyday banking
Monzo name card

Monzo is a UK bank offering a free current account run from the app, with instant spending notifications, budgeting pots, bill splitting and savings. Paid plans add extras such as higher fee-free withdrawals abroad and insurance. Monzo accounts are for UK residents.

  • Free personal current account
  • Pots for budgeting and saving
  • Fee-free cash withdrawals abroad up to £200 (free plan)
Monthly fee
Free · Extra £3 · Perks £9 · Max from £19
Card
Debit card
Cash abroad
Up to £200 fee-free (free and Extra), £600 (Perks and Max)
Available in
UK residents
Minimum age
16+ (18+ for paid plans)
Deposit protection
FSCS up to £120,000

Provided by Monzo Bank Limited, Broadwalk House, 5 Appold Street, London EC2A 2AG, United Kingdom. Bank licence, regulated by Authorised by the PRA; regulated by the FCA and PRA, licence/register no. FRN 730427 · Company no. 09446231. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per depositor.

5

Starling Bank

UK current account with no monthly fee and no Starling fees abroad

UK travel & everyday
Starling Bank name card

Starling Bank is a UK bank with a free personal current account managed in the app. Starling charges no fees for spending or withdrawing cash abroad, and the app includes saving spaces, joint accounts and debit cards for children. Accounts are for UK residents aged 18 or over.

  • No monthly fee
  • No Starling fees on spending or cash withdrawals abroad
  • Spaces for saving and budgeting
Monthly fee
£0
Card
Debit card
Spending abroad
No Starling fees
Available in
UK residents
Minimum age
18+
Deposit protection
FSCS up to £120,000

Provided by Starling Bank Limited, 5th Floor, London Fruit and Wool Exchange, 1 Duval Square, London E1 6PW, United Kingdom. Bank licence, regulated by Authorised by the PRA; regulated by the FCA and PRA, licence/register no. FRN 730166 · Company no. 09092149. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per depositor.

6

Tide

UK business account for sole traders and limited companies

UK small businesses
Tide name card

Tide is a UK business account and finance platform for sole traders, freelancers and limited companies, with invoicing, expense cards, card payments and accounting integrations. The free plan has no monthly fee; paid plans add 0% FX on card payments abroad and more features. Tide accounts are provided by ClearBank.

  • Free plan with no monthly fee
  • Invoicing and accounting integrations
  • 0% FX on card payments abroad on paid plans
Monthly fee
Free £0 · Smart £12.49 · Pro £27.49 · Max £69.99
Card
Business debit card
Card payments abroad
2.75% on Free · 0% on paid plans
Transfers
Free plan: up to 5 per month
Who can open
UK sole traders, freelancers and limited companies
Deposit protection
FSCS up to £120,000 via ClearBank

Provided by Tide Platform Limited, 4th Floor, The Featherstone Building, 66 City Road, London EC1Y 2AL, United Kingdom. E-money institution, regulated by Financial Conduct Authority (FCA), licence/register no. FRN 900843 · Company no. 09595646. Tide current and savings accounts are provided by ClearBank Limited (authorised by the PRA, regulated by the FCA and PRA, FRN 754568). Eligible deposits are protected by the FSCS up to £120,000 per depositor.

Not available in the United Kingdom

These providers do not currently accept customers living in the United Kingdom.