bunq vs Revolut UK

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.

Revolut UK

Who it suits

• Savers who want instant app access and no charge for holding the balance, rather than a card and credit deal such as AXI Card Tarjeta y Credito at 21.59%.
• Travelers, freelancers and teens, the audience named in travelers, freelancer and teen, who want 30 currencies and a conversion fee that runs 0% to 1%.
• Anyone starting out with a wallet, since PayPal Colombia is the listed alternative at 3.3% and this balance pays 4% with iban details.

Who should look elsewhere

• Savers shopping on the headline rate alone: the listed alternative Plazo ES shows 24.19% and AXI Card Tarjeta y Credito shows 21.59%, both far above the 4% paid here.
• People who need the return fixed for a set period, since the rate type is variable and the balance is easy-access by design.
• Customers who want the deposits held by the brand itself: the account licence type is e money and the savings sit with a savings deposit partner, a different structure from the listed wallet alternative PayPal Colombia at 3.3%.