Updated October 17, 2026 · VaultCue Editorial Team
bunq vs iuvoSAVE
bunq
Higher score in this comparison
iuvoSAVE
Where bunq and iuvoSAVE differ
| Compare | bunqReviewVisitVisit | iuvoSAVEReviewVisitVisit |
|---|---|---|
| Headline rate | 3.01% | 5%Higher |
| Rate type | Variable | Fixed |
| Access terms | Withdraw any amount free up to 2 times a month, rising to 3 free monthly withdrawals after 12 months; interest paid weekly | Funds can be added at any time and early exit is allowed before the due date, capped at 10 000 EUR per month per iuvoSAVE version, with a 1% fee on the amount exited early; balance becomes available automatically after the due date unless renewal is selected |
| Account kind | Easy access | Fixed |
| Term | Not confirmed | 3 months |
| Minimum deposit | Not confirmed | €100 |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
Same on both: Monthly fee (€0).
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
- bunq scores higher overall: 8.9 vs 8.7.
- Founded is lower at bunq: 2012 vs 2016.
- bunq is available in 6 more countries.
- Headline rate is higher at iuvoSAVE: 5% vs 3.01%.
- Support channels: only bunq offers Chat.
- Support channels: only iuvoSAVE offers Phone.
- Pricing model: only iuvoSAVE offers Fixed rate.
Our verdict on each
bunq
bunq suits savers who want an easy-access euro account that costs nothing to keep and pays a variable rate with weekly interest, protected by an EU guarantee. The rate of 3.01% is solid rather than remarkable, and support runs on email, chat and help centre only.
iuvoSAVE
The iuvo portal identifies IUVO GROUP OÜ, Estonian registry code 14063375, as its operator and describes a receivables-assignment portal.
Score breakdown
| Area | bunq | iuvoSAVE |
|---|---|---|
| Cost | 9.1HigherMonthly fee of €0 on a no monthly fee account, with a currency conversion fee of 3% on the free plan. | 8.7 |
| Offer | 9.1Rate of 3.01% that is variable, close to the savings median of 3%. | 9.1 |
| Trust | 8.7Higher | 8.4 |
What it costs in practice
10,000 saved for 12 months
bunq
€301
3.01% of 10,000 - 12 × €0
iuvoSAVE
€500
5% of 10,000 - 12 × €0
iuvoSAVE comes out €199 ahead.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Licences and countries
| Country | bunq | iuvoSAVE |
|---|---|---|
| Belgium | Not confirmed | |
| France | Not confirmed | |
| Germany | Not confirmed | |
| Ireland | Not confirmed | |
| Italy | Not confirmed | |
| Netherlands | Not confirmed | |
| Spain | Not confirmed |
Available in 1 country for both. Additional countries for bunq: 6.
Pick bunq if, pick iuvoSAVE if
Pick bunq if cost and trust matter most.
Pick iuvoSAVE if headline rate matter most.
If neither fits
AU Small Finance Bank has headline rate at 6.75%, against 3.01% for bunq and 5% for iuvoSAVE.
AU Small Finance Bank reviewSources behind this comparison
bunq
- bunq.com: 5 facts, checked September 26, 2026
- help.bunq.com: 4 facts, checked September 26, 2026
- dnb.nl: 1 fact, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
iuvoSAVE
- iuvo-group.com: 12 facts, checked September 26, 2026
How they place
| Ranking | bunq | iuvoSAVE |
|---|---|---|
| Savings accounts | 6 of 1420 | 12 of 1420 |
Every fact side by side
| Fact | bunq | iuvoSAVE |
|---|---|---|
| Pricing model | No monthly fee | No monthly fee, Fixed rateCovers more |
| Legal entity | bunq B.V. | IUVO GROUP OÜ |
| Headquarters | Netherlands | Estonia |
| Founded | 2012Lower | 2016 |
| Support channels | Email, Chat, Help centre | Email, Phone, Help centre |
Everyday accounts
| Fact | bunq | iuvoSAVE |
|---|---|---|
| Currency conversion fee | 3% | Not confirmed |
| Audience | Expats, Travelers, Business, Student | Not confirmed |
| Features | Joint account, Digital only | Not confirmed |
| Local account details | IBAN | Not confirmed |
Where each stands against the rest
| Fact | bunq | iuvoSAVE | Median |
|---|---|---|---|
| Headline rate | 3.01%below the median | 5%above the median | 3.25% |
| Term | Not confirmed | 3 monthslowest quarter | 24 months |
| Minimum deposit | Not confirmed | €100above the median | €1 |
| Monthly fee | €0at the median | €0at the median | €0 |
Median across 658 listed accounts.
Pros and cons
bunq
Pros
- The monthly fee is €0 and the pricing model is no monthly fee, so keeping the account open costs nothing each month.
- Interest is paid weekly and the rate type is variable, so money keeps earning between withdrawals without a term to serve out.
- Balances are covered by EU DGS up to EUR 100,000, so there is a payout route if the provider fails.
Cons
- The rate type is variable, so the return follows the base rate and the account ranks 240 of 473 brands on the headline rate.
- Support runs on email, chat and help centre only, which leaves phone callers with a narrower route in.
- Features list joint account and digital only, so the service is digital only and there is no branch counter.
iuvoSAVE
Pros
- Clear focus on purchasing receivables
- Originators reviewed before offers appear
- Operated by a company registered in Estonia
Cons
- Lending through a platform carries credit risk
- Delayed payments can take time to resolve
Who each suits
bunq
Who it suits
- People who want an easy-access euro account that pays interest weekly and costs nothing to hold.
- Travellers and expats, part of the expats, travelers and business bunq targets, who convert currency and want a local IBAN.
- Students and savers who value EU DGS up to EUR 100,000 over a higher rate.
Who should look elsewhere
- Anyone chasing a top fixed rate, since 24.19% at plazo pays far more.
- Customers who need a phone helpline, as support runs on email, chat and help centre only.
- Anyone wanting a branch counter, because features list joint account and digital only and the service is digital only.
iuvoSAVE
Who it suits
- Readers reviewing iuvo’s stated operator and portal description.
Who should look elsewhere
- People who need every part of their funds fully protected from loss
- Anyone seeking everyday banking products
Country by country
| Country | bunq | iuvoSAVE |
|---|---|---|
| France | Yes | No |
| Germany | Yes | No |
| Ireland | Yes | No |
| Italy | Yes | No |
| Netherlands | Yes | No |
| Spain | Yes | No |
| Belgium | Yes | Yes |
Questions about each
bunq
What does bunq charge to keep a savings account?+
The monthly fee is €0 and the account is priced on a no monthly fee basis, so there is no recurring charge to keep it open. The one cost to watch when you spend abroad is currency conversion at 3% on the free plan. Interest is still paid weekly with no fee deducted.
How much interest does the account pay?+
The rate is 3.01% and the rate type is variable, so the figure follows the base rate instead of being fixed to a term. Across the savings accounts on the site, the median headline rate is 3%, which puts bunq near the middle. Interest is credited weekly rather than monthly.
iuvoSAVE
Which kinds of people tend to use a receivables platform like this one?+
People who are comfortable with credit risk and understand how borrowers meet their payments tend to use a platform like this one. Those who want straightforward cash holdings usually look elsewhere first. The format fits people who are willing to study the arrangements closely before committing funds.
What kind of activity does the platform focus on?+
The platform focuses on purchasing receivables, which means buying claims on money owed through loans and other receivables offered by originators. Its range is narrow by design, so the activity does not extend to everyday banking products. People who want a broad set of services will need to look elsewhere.
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