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Updated September 28, 2026 · VaultCue Editorial Team

Finom vs GX Bank

Finom scores 8.9 and GX Bank 9.6 out of 10. Compare their differences and shared features below.
Finom

Finom

8.9/10
Visit
GX Bank

GX Bank

Higher score in this comparison

9.6/10
See alternatives

What sets them apart

Finom vs GX Bank
CompareFinomFinomReviewVisitVisitGX BankGX BankReviewSee alternativesSee alternatives
Headline rate5%Higher2%
Rate typeFixedVariable
Minimum deposit€0MYR 20
Access termsInstant access, withdraw at any time with no withdrawal penaltiesDaily interest on total balance, no minimum balance, no limits, no lock-in periods, DuitNow and QR payments in app
Monthly fee€0MYR 0
Account kindCash managementEasy access
Deposit protectionEU DGS up to EUR 100,000Not confirmed

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

  • GX Bank scores higher overall: 9.6 vs 8.9.
  • Finom is licensed in 1 more country.
  • Finom is available in 10 more countries.
  • Headline rate is higher at Finom: 5% vs 2%.
  • Support channels: only Finom offers Community.
  • Support channels: only GX Bank offers Phone.
  • Pricing model: only Finom offers Fixed rate.
  • Pricing model: only GX Bank offers Low FX.

Our verdict on each

Finom

Finom suits freelancers and small businesses that want a euro cash account with a set rate and instant access. A minimum deposit of €0 and local IBAN details make it easy to open, though the fixed rate will not follow the market and support runs on email, chat and help centre only.

Read the full Finom review

GX Bank

GX Bank suits travelers and small businesses that want a Malaysian account with a fee of MYR 0 a month and a currency conversion fee of 0%. The savings account pays 2% as a variable rate on the total balance, with no lock-in period and daily interest.

Read the full GX Bank review

Score breakdown

Finom vs GX Bank
AreaFinomGX Bank
Cost9.3Costs sit at the free end: a monthly fee of €0 and a conversion fee of 1% near the site median of 0.5%.9.4HigherMonthly fee of MYR 0 and conversion fee of 0% rank first of 500 and 312 brands.
Offer9.7A fixed rate of 5% with instant access, ranking 92 of 473 on rate.9.8Higher
Trust8.2Not confirmed

Positions in our rankings

Finom vs GX Bank
RankingFinomGX Bank
Savings accounts1 of 142056 of 1420
Business bank accounts1 of 56325 of 563

Also worth a look

AU Small Finance Bank has headline rate at 6.75%, against 5% for Finom and 2% for GX Bank.

AU Small Finance Bank review

What we checked

Finom

  • finom.co: 12 facts, checked September 26, 2026

GX Bank

  • gxbank.my: 10 facts, checked September 26, 2026

Every fact side by side

Finom vs GX Bank
FactFinomGX Bank
Pricing modelNo monthly fee, Fixed rateNo monthly fee, Low FX
Legal entityPNL Fintech B.V.GX Bank Berhad (Reg No. 202101014409 (1414709-A))
HeadquartersNetherlandsMalaysia
Founded2019Not confirmed
Support channelsEmail, Chat, Help centre, CommunityEmail, Chat, Phone, Help centre

Everyday accounts

Finom vs GX Bank
FactFinomGX Bank
Currency conversion fee1%0%Lower
Currencies17Not confirmed
AudienceBusiness, FreelancerTravelers, Business
FeaturesFree ATMFree ATM, Digital onlyCovers more
Local account detailsIBANNot confirmed
Free ATM withdrawals€10,000Not confirmed
Transfer feeFree outgoing SEPA transfers up to EUR 2,500 per month (Solo plan); outgoing international payments 1% (Solo) to 0.20% (Pro)RM 0 intrabank fund transfer and RM 0 DuitNow transfer

Where each stands against the rest

Finom vs GX Bank
FactFinomGX BankMedian
Headline rate5%above the median2%below the median3.25%

Median across 658 listed accounts.

Pros and cons

Finom

Pros

  • The minimum deposit is €0, so an account can be opened without a large opening balance.
  • The transfer fee leaves outgoing SEPA transfers free on the Solo plan within a monthly limit.
  • Local IBAN details sit alongside 17 currencies, so one account can take payments in several currencies.

Cons

  • The interest rate is fixed, so it will not rise with the market while most savings accounts here are variable (79%).
  • The transfer fee for outgoing international payments is higher on the Solo plan than on the Pro plan.
  • Deposit protection is EU DGS up to EUR 100,000, so any balance above that cap sits outside the scheme.

GX Bank

Pros

  • Transfers cost RM 0 intrabank fund transfer and RM 0 DuitNow transfer, so paying in and paying out takes no cut.
  • Interest is credited daily on the total balance, with no minimum balance, no cap and no lock-in period.
  • DuitNow and QR payments work in the app, so day to day local spending needs no extra step.

Cons

  • The rate is variable at 2%, so the return can move rather than staying put for a term.
  • A minimum deposit of MYR 20 is required, so a very small balance cannot be opened.
  • The service is digital only, as free atm and digital only shows, so there is no branch counter to visit for help.

Who each suits

Finom

Who it suits

  • Freelancers and sole traders who need local IBAN details and can move money the same day it arrives.
  • Small businesses paid in euros by clients abroad who want several currencies in one place.
  • Readers who want a set rate on working money rather than the highest variable rate on the table.

Who should look elsewhere

  • Anyone ranking purely on the headline figure, since Plazo ES lists 24.19% and AXI Card Tarjeta y Credito 21.59%.
  • Variable rate savers, since 79% of the brands in this group pay a variable rate and the Finom rate is fixed.
  • Readers happy with a wallet and a smaller return, since PayPal Colombia lists 3.3%.

GX Bank

Who it suits

  • Travelers and businesses, since travelers and business lists both and the account takes DuitNow and QR payments in the app.
  • Savers who want their money on hand, since the account kind is easy access and interest is credited daily.
  • People who would rather call than write, since support runs on email, chat and phone.

Who should look elsewhere

  • Anyone put off by a minimum deposit of MYR 20 can look at PayPal Colombia, whose monthly fee is $0.
  • Plazo ES, at a monthly fee of €0, suits anyone who does not want interest credited daily.
  • Skrill, at a monthly fee of €0, is the alternative for anyone not looking to earn interest on a balance.

Current offers

Finom

Current offer

  • Bonus

    Fixed 5% p.a. on EUR funds for the first 5 months: 5% p.a. fixed for 5 months on up to EUR 200,000

    Interest Account, new EUR funds; promo rate for the first 5 months, then standard rate from 0.5% to 2.25% p.a. depending on plan; up to EUR 200,000 held; market analysis dated March 2026; Aksys client agreement terms apply

    Source, checked September 26, 2026

  • Free trial

    30-day trial on paid plans: 30 days

    Paid Basic and Smart plans, excl. VAT; paid monthly or yearly

    Source, checked September 26, 2026

  • First period offer

    3 months for free for partners customers only: 3 months free

    Customers introduced through the Finom Partner Program

    Source, checked September 26, 2026

GX Bank

Current offer

  • Bonus

    GX Account opening cashback: RM8 instant cashback when adding RM88 or more via the app, plus RM8 for linking DuitNow ID, and up to RM29.40 GrabUnlimited subscription cashback when linking on Grab

    Terms and conditions apply; new GX Account opened via the GXBank app

    Source, checked September 26, 2026

Country by country

Finom vs GX Bank
CountryFinomGX Bank
AustriaYesNo
BelgiumYesNo
CyprusYesNo
FranceYesNo
GermanyYesNo
IrelandYesNo
ItalyYesNo
MalaysiaNoYes

8 of 12 countries where either is available.

Questions about each

Finom

What does it cost to keep a Finom account?+

The monthly fee is €0 and the minimum deposit is €0, so there is no cost to holding a balance and no need for a large opening payment. The charge that matters is currency conversion at 1%, plus outgoing international payments, which cost more on the Solo plan than on the Pro plan.

Is my money protected if something goes wrong?+

Balances sit under the EU deposit guarantee scheme, with protection stated as EU DGS up to EUR 100,000. Finom is entered on the Dutch register as R180074 and on the Cypriot register as 456/25, so more than one supervisor is watching the business.

GX Bank

What does a GX Bank account cost each month?+

GX Bank charges a monthly fee of MYR 0, and no monthly fee and low fx lists the account as a no monthly fee setup. Transfers add nothing on top, at RM 0 intrabank fund transfer and RM 0 DuitNow transfer, so a balance can be paid in and moved out without a standing charge. There is no account minimum balance to maintain.

What does it cost to spend abroad or convert currency?+

The currency conversion fee is 0%, and that is the figure that matters for anyone paying in ringgit and spending in another currency. The debit card sits under a low foreign exchange model, per no monthly fee and low fx, and local spending runs through DuitNow and QR in the app. Interest on the balance keeps accruing while the money is abroad.

Other options to compare

Other matchups

Finom

Visit

GX Bank

See alternatives