One Zero
Israeli digital bank with a fee-free basic plan and paid plans with no foreign-currency fees
ONE ZERO is an Israeli digital bank, supervised by the Bank of Israel and run entirely from its smartphone app. The basic Zero plan has no checking-account or card fees and is charged per use. The One and One+ plans add no foreign-currency fees on card and account transactions and a digital banker service; One+ also includes free securities trades. Accounts are for Israeli residents aged 18 or over.
- Zero plan: no checking-account fees and no card fees
- One and One+: no FX fees on card and account (foreign-currency cash withdrawals excluded)
- Switch your account from another bank in the app
- Monthly fee
- Zero: charged per use · One: ₪49, or free with ₪5,000 a month paid into the account (new customers) · One+: ₪89, or free with ₪10,000 a month paid in
- Card
- ONE ZERO credit card, no card fee
- Currency exchange
- One and One+: 0% FX fee on card and account payments; foreign-currency cash withdrawals excluded
- Investing
- One+: 10 securities trades a month at no cost; no management or custody fees
- Available in
- Israel
- Who can open
- Israeli residents aged 18+, without foreign tax residency and not US persons
Provided by ONE ZERO – The Digital Bank Ltd. (בנק וואן זירו הבנק הדיגיטלי בע"מ), 5 Beit Oved St, Tel Aviv-Jaffa 6721105, Israel. Bank licence, regulated by Bank of Israel, Banking Supervision Department, licence/register no. 18001 (check the register). Israel has no general statutory deposit insurance scheme like the EU's €100,000 guarantee. ONE ZERO is a licensed bank supervised by the Bank of Israel; check the bank's own disclosures for how deposits are protected.
