Updated September 29, 2026 · VaultCue Editorial Team
bunq Spain Bank Account vs XTB
bunq Spain Bank Account
XTB
Higher score in this comparison
bunq Spain Bank Account vs XTB: the differences
| Compare | bunq Spain Bank AccountReviewVisitVisit | XTBReviewVisitVisit |
|---|---|---|
| Monthly fee | €0 | £0 |
| Deposit protection | EU DGS up to EUR 100,000 | FSCS up to GBP 85,000 |
| Currency conversion fee | 3% | 0.5%Lower |
| Local account details | IBAN | Not confirmed |
| Transfer fee | Not confirmed | Deposits free of XTB fee; withdrawals free above 100 EUR/USD, 10 EUR (or 10 USD) below |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- XTB scores higher overall: 9.3 vs 8.7.
- Founded is lower at XTB: 2004 vs 2012.
- XTB is licensed in 6 more countries.
- XTB is available in 8 more countries.
- Currency conversion fee is lower at XTB: 0.5% vs 3%.
- Support channels: only XTB offers Email, Phone.
- Pricing model: only bunq Spain Bank Account offers Low FX.
Our verdict on each
bunq Spain Bank Account
bunq Spain Bank Account suits euro-area residents, expats, students and small businesses who want an app-based everyday account that pays interest on the balance. A monthly fee of €0 means no standing charge, the easy access structure keeps the money reachable, and the regulator sits in the Netherlands.
XTB
XTB suits savers who want their cash reachable at any moment, and traders who park money between deals. A 4% easy-access rate on uninvested funds, with support by email, chat and phone, makes it a practical holding pot for active investors rather than a rate chaser.
Score breakdown
| Area | bunq Spain Bank Account | XTB |
|---|---|---|
| Cost | 8.7Conversion carries a 3% fee on top of a 3% markup, both above the 0.5% median, which is what holds the cost score down. | 9.3HigherA monthly fee of £0 and a minimum deposit of £0 match the savings medians, and the 0.5% conversion fee matches the category median. |
| Offer | 8.7 | 9.6HigherThe 4% rate beats the savings median of 3.08% but ranks 142 of 473, and it is variable. |
| Trust | 8.6 | 9.1Higher |
Every fact side by side
| Fact | bunq Spain Bank Account | XTB |
|---|---|---|
| Audience | Expats, Travelers, Business, Student | Not confirmed |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Joint account, Digital only | Not confirmed |
| Legal entity | bunq B.V. | XTB Limited |
| Headquarters | Netherlands | Cyprus |
| Founded | 2012 | 2004Lower |
| Support channels | Chat, Help centre | Email, Chat, Phone, Help centreCovers more |
Savings
| Fact | bunq Spain Bank Account | XTB |
|---|---|---|
| Headline rate | 3.01% | 4%Higher |
| Rate type | Variable | Variable |
| Minimum deposit | Not confirmed | £0 |
| Access terms | Withdraw any amount free up to 2 times a month, rising to 3 free monthly withdrawals after 12 months; interest paid weekly | Interest on uninvested funds, calculated daily and paid monthly within five days of month end, no minimum or maximum balance, withdraw any amount to your bank account |
| Account kind | Easy access | Easy access |
Money transfer
| Fact | bunq Spain Bank Account | XTB |
|---|---|---|
| Exchange rate markup | 3% | Not confirmed |
| Delivery time | Instant | Not confirmed |
| Payout methods | Bank | Not confirmed |
Where each stands against the rest
| Fact | bunq Spain Bank Account | XTB | Median |
|---|---|---|---|
| Currency conversion fee | 3%highest quarter | 0.5%at the median | 0.5% |
Median across 378 listed accounts.
Pros and cons
bunq Spain Bank Account
Pros
- A monthly fee of €0 a month, so there is no standing charge for keeping the account open.
- Deposit protection is EU DGS up to EUR 100,000, and De Nederlandsche Bank supervises the firm in the Netherlands.
- The easy access account pays a variable rate of 3.01%, with interest credited weekly.
Cons
- Currency conversion is the cost to watch: 3% to convert plus a 3% exchange rate markup, so spending abroad adds up.
- Support runs on chat and help centre only, so a blocked payment or a disputed transfer waits on a chat reply rather than a phone call.
- The rate is variable, so a reader planning around a known return for a fixed period has to accept the number can move.
XTB
Pros
- The easy access account pays 4% on uninvested funds, with interest calculated daily and paid monthly, and any amount withdrawn straight to a bank account.
- Running costs sit at the floor: a monthly fee of £0 and a minimum deposit of £0 on the easy access account.
- The 4% rate is above the savings median of 3.08% and higher than PayPal Colombia's 3.3%.
Cons
- On the headline rate the account ranks 142 of 473 brands, well behind AXI Card Tarjeta y Credito at 21.59% and Plazo ES at 24.19%.
- The rate is variable, so what a balance earns can shift over the months it sits there.
- Withdrawals below a set threshold carry a flat XTB fee, which matters for anyone moving money out in small bites.
Who each suits
bunq Spain Bank Account
Who it suits
- Euro-area residents and expats who want a local iban and no monthly charge of €0.
- Students and travelers who want a easy access balance paying 3.01% without locking the money away.
- Business customers who want to share an account and send Instant transfers from one app.
Who should look elsewhere
- Not for anyone who needs a phone line: support here runs on chat and help centre, so a reader who wants a voice should weigh Skrill instead.
- Not for savers chasing a fixed return, since the variable rate can move, and VaultLeap readers after a locked term should compare fixed-term savings.
XTB
Who it suits
- Traders and investors who leave cash uninvested inside a brokerage wallet, since interest is calculated daily, paid monthly and any amount can be moved to a bank account.
- Savers who put access and running cost ahead of the top rate, given that the 4% rate ranks 142 of 473 while the £0 minimum deposit ranks 1 of 370.
- UK residents who want regulated oversight alongside a cash balance, holding both the FRN 522157 and MiCA CASP 259400HM2TR4U3LF5D43 registrations in view.
Who should look elsewhere
- Savings hunters sorting purely on the headline number: Plazo ES shows 24.19% and AXI Card Tarjeta y Credito 21.59%, both well ahead of the 4% here.
- Anyone who wants a return locked for a set term, because the rate here is variable and moves with the market.
Current offers
XTB
Current offer
Free trial
Free training account: Free
Test your investing strategies and experience the market without risking your own capital
Source, checked September 26, 2026
Country by country
| Country | bunq Spain Bank Account | XTB |
|---|---|---|
| Belize | No | Yes |
| Chile | No | Yes |
| Cyprus | No | Yes |
| Germany | No | Yes |
| Poland | No | Yes |
| South Africa | No | Yes |
| United Arab Emirates | No | Yes |
| United Kingdom | No | Yes |
8 of 9 countries where either is available.
Questions about each
bunq Spain Bank Account
What does bunq Spain Bank Account cost to keep?+
The monthly fee is €0, so there is no standing charge for holding it. The costs that do apply sit in currency conversion, where the fee is 3% and the exchange rate markup is 3%. For a euro-area account used mostly at home, the running cost is minimal.
Is my money protected and who regulates bunq?+
bunq B.V. is the legal entity behind the account, and it is supervised by De Nederlandsche Bank in the Netherlands. Deposit protection is EU DGS up to EUR 100,000, so eligible deposits sit under the EU deposit guarantee scheme rather than being held outside any scheme.
XTB
What does it cost to keep uninvested cash at XTB?+
The monthly fee on the easy access account is £0, and the account runs on a no monthly fee model, so there is no standing charge for holding funds. Deposits are free of XTB fees. Currency conversion runs at 0.5%, matching the savings median of 0.5%.
Is my money protected if the firm fails?+
Deposit protection is listed as FSCS up to GBP 85,000, so anything held above that figure sits outside the scheme. The firm is authorised in the UK by the Financial Conduct Authority under FRN 522157 and registered in Cyprus with the Cyprus Securities and Exchange Commission under MiCA CASP 259400HM2TR4U3LF5D43.