Neobank comparison
Compare bunq and Varo Bank side by side: fees, regulation, platforms.
Best for savings interest
bunq blends a real banking licence with multi-currency holding and some of the best in-app interest in Europe…
Best US high-yield neobank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured w…
| Feature | bunq | Varo Bank |
|---|---|---|
| Monthly fee | EUR 3.99 | Free |
| FX markup | 0% | 0% |
| Savings APY | 2.46% | 5% |
| Currencies | 16 | 1 |
| Card network | Mastercard | Visa |
| Deposit protection | Dutch deposit guarantee (DGS) up to 100,000 EUR | FDIC up to 250,000 USD (Varo Bank, N.A.) |
| Regulators | - | - |
| Best for | Best for savings interest | Best US high-yield neobank |
| Markets & account | ||
bunq
bunq blends a real banking licence with multi-currency holding and some of the best in-app interest in Europe. The monthly fee is the trade-off for that protection and yield.
Confirm current fees and rates on the provider's site. T&Cs apply.
Varo Bank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured while the savings rate stays at the top of the table.
Confirm current fees and rates on the provider's site. T&Cs apply.
Line up any two accounts side by side, or browse the full list to find your next platform.