Coop Pank review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Coop Pank is an Estonian easy-access account with no monthly charge and free in-network cash withdrawals, built for people who bank mainly in the euro and want plain everyday access. It is a poor fit for anyone who needs a wide set of currencies, since it covers 4.
Key facts
- Best for
- Euro-only banking in Estonia with free in-network cash withdrawals.
- Monthly fee
- €0↗
- Currency conversion fee
- 1%↗
- Currencies
- 4↗
- Free ATM withdrawals
- €1,000↗
- Transfer fee
- Unlimited payments and transfers across Europe in the Lihtne package (free)↗
- Legal entity
- Coop Pank AS↗
- Headquarters
- Estonia↗
- Support channels
- Phone, Email, Help-centre↗
- Audience
- Teens
- Pricing model
- No monthly fee
- Features
- Free ATM withdrawals
- Official website
- cooppank.ee
Savings
Money transfer
- Exchange rate markup
- 1%↗
- Delivery time
- 3 hours to 1 business day (SEPA)↗
- Payout methods
- Bank↗
- Fee to send 1,000
- €0↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- WikidataWikipediaLinkedInyoutube.com
Pros and cons
Pros
- Monthly fee of €0
- Free cash withdrawals within €1,000
- European transfers at €0
- Variable interest at 2%
Cons
- Covers only 4
- Conversion fee of 1% plus a 1% margin
- Headline rate of 2% is variable
Who it suits
- People in Estonia who mostly spend in euros
- Teenagers opening a first account, listed for teen
- Anyone wanting an easy-access account with no standing charge
Who should look elsewhere
- PayPal Colombia, a wallet account at $0 with no deposit interest
- Skrill, where conversions cost 3.99%
- eToro, a trading platform at £0
Fees and currency costs
The everyday account carries a monthly fee of €0, the lowest figure among the brands compared here. Payments and transfers across Europe are unlimited in the Lihtne package, with a transfer fee of €0, and cash withdrawals are included within €1,000. Spending outside the euro costs a conversion fee of 1% plus a margin of 1%, which adds up quickly for frequent travel.
Rates and terms
Balances earn interest at a headline rate of 2%, and the rate type is variable, so it can rise or fall rather than staying fixed for a term. The account is easy-access, which suits daily spending without a lock-up. The contract is open-ended, a withdrawal to your own account is free as early as the next day, and immediate access is charged under the price list.
How Coop Pank compares
9.2 vs 8.7
9.2 vs 8.6
9.2 vs 8.0
9.2 vs 8.9A monthly fee of £0 on a trading platform rather than a deposit account.
9.2 vs 9.1
9.2 vs 9.2
9.2 vs 8.7
9.2 vs 8.7
9.2 vs 8.7
9.2 vs 9.0A wallet charging 3.99% to convert currency on a stored balance.
9.2 vs 8.7
9.2 vs 9.5
9.2 vs 9.4
9.2 vs 9.3
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.2
9.2 vs 9.1
9.2 vs 9.0
9.2 vs 9.0
9.2 vs 8.9
9.2 vs 8.9- 9.2 vs 8.9
9.2 vs 8.7
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.4
9.2 vs 8.3
9.2 vs 8.2
9.2 vs 8.1- 9.2 vs 8.1
9.2 vs 8.0
9.2 vs 8.0
9.2 vs 8.0
9.2 vs 9.1
Where Coop Pank is available
- Available
- Estonia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does a Coop Pank account cost each month?+
The monthly fee is €0, matching the lowest figure across the accounts compared here. Payments and transfers across Europe are unlimited in the Lihtne package, with a transfer fee of €0, and cash withdrawals within €1,000 are included.
What happens when I change money?+
A conversion fee of 1% is charged, together with a margin of 1% on the exchange itself. Both apply one after the other, so converting larger amounts abroad costs proportionally more.
How many currencies can I hold?+
The account covers 4, below the site median of 5 for multi-currency accounts. Anyone needing a wider set of currencies for travel or trade should look at a provider built for that.
Can I take out cash without paying?+
Cash withdrawals are included within €1,000 in the package that carries the free ATM feature. That allowance covers the bank's own network, so using ATMs elsewhere may be charged separately.
Is my money covered by a deposit protection scheme?+
No protection scheme is listed for this account, so readers should ask the bank directly what covers the balance before depositing a large sum. Support can be reached on phone, email and help centre.
Which regulator supervises Coop Pank?+
Coop Pank AS is the legal entity behind the account and is based in Estonia. No regulator or licence is listed for it, so the supervisory status should be confirmed with the bank.
Do I earn interest on the balance?+
Interest is paid at a headline rate of 2%, and the rate type is variable, so the figure is not fixed for a set period. It is an easy-access account, so funds stay available for spending.
How quickly can I get my money out?+
The contract is open-ended, and a free withdrawal to your own account is available as early as the next day. Immediate access is offered for a charge set out in the price list.
How do payments reach the account?+
Money moves through a bank account, listed as the payout method here. A standard payment arrives in 3 hours to 1 business day (SEPA) over the SEPA network.
Is this account useful for a teenager?+
Teenagers sit among the intended audience, alongside a free ATM allowance of €1,000 and a monthly fee of €0. It suits a first everyday account where spending stays in euros.
Sources
- cooppank.ee checked September 26, 2026
Backs: Headquarters, Legal entity, Support channels
“Coop Pank AS, Maakri 30, 15014 Tallinn, Registrikood: 10237832, SWIFT/BIC: EKRDEE22”
- cooppank.ee/eraklient/igapaevapangandus/maksed checked September 26, 2026
Backs: Delivery time, Payout methods
“Euroopa ehk SEPA makse: Makse kiirus 3 tundi kuni 1 toopaeev”
- cooppank.ee/eraklient/igapaevapangandus/paketid checked September 26, 2026
Backs: Free ATM withdrawals, Audience, Features, Currency conversion fee, Exchange rate markup, Pricing model, Monthly fee, Transfer fee, Fee to send 1,000
“Lihtne ... Tasuta sularaha limiit kokku kuni 1 000 € kuus”
- cooppank.ee/valuutakursid checked September 26, 2026
Backs: Currencies
“Coop Panga ülekandekursid seisuga 25. september 2026 ... Taani kroon, Rootsi kroon, USA dollar, Norra kroon”
- cooppank.ee/eraklient/raha-kasvatamine/hoiuste-intressid checked September 26, 2026
Backs: Headline rate
“Rahasahtel, valid from 30.10.2023, 2.00% on the daily balance”
- cooppank.ee/eraklient/raha-kasvatamine/rahasahtel checked September 26, 2026
Backs: Account kind, Rate type
“Rahasahtel is a flexible deposit that helps you save money automatically and seamlessly”
- cooppank.ee/info/kkk/rahasahtel checked September 26, 2026
Backs: Access terms
“The Rahasahtel contract is indefinite; free of charge you can transfer the accumulated money to your account for use as early as the next day”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection.