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Updated September 29, 2026 · VaultCue Editorial Team

Finom vs Wise Account

Finom scores 8.9 and Wise Account 9.1 out of 10. Compare their differences and shared features below.
Finom

Finom

8.9/10
Visit
Wise Account

Wise Account

Higher score in this comparison

9.1/10
See alternatives

Where Finom and Wise Account differ

Finom vs Wise Account
CompareFinomFinomReviewVisitVisitWise AccountWise AccountReviewSee alternativesSee alternatives
Headline rate5%Higher3.29%
Rate typeFixedVariable
Deposit protectionEU DGS up to EUR 100,000FSCS up to GBP 85,000
Access termsInstant access, withdraw at any time with no withdrawal penaltiesInstant access to money and gains; transfer up to 100,000 GBP (Personal) daily without delay
Monthly fee€0£0
Minimum deposit€0Not confirmed

Same on both: Account kind (Cash management).

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

  • Wise Account scores higher overall: 9.1 vs 8.9.
  • Founded is lower at Wise Account: 2011 vs 2019.
  • Headline rate is higher at Finom: 5% vs 3.29%.
  • Support channels: only Finom offers Community.
  • Support channels: only Wise Account offers Phone.
  • Pricing model: only Finom offers Fixed rate.
  • Pricing model: only Wise Account 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

Wise Account

Wise Account suits expats and travelers who move money across currencies and want local account details without paying anything each month. You can hold 40 currencies, receive money like a local, and the account draws 7.4 overall on VaultCue.

Read the full Wise Account review

Score breakdown

Finom vs Wise Account
AreaFinomWise Account
Cost9.3HigherCosts sit at the free end: a monthly fee of €0 and a conversion fee of 1% near the site median of 0.5%.9.2A monthly fee of £0, conversion at 0.24% with a 0% markup and transfers priced at From 0.24%, varies by currency.
Offer9.7A fixed rate of 5% with instant access, ranking 92 of 473 on rate.9.9HigherA variable 3.29% on the balance, 40 currencies and a £250 free cash allowance.
Trust8.28.4Higher

How they place

Finom vs Wise Account
RankingFinomWise Account
Savings accounts1 of 1420312 of 1420
Cash management accounts2 of 4511 of 45
Multi-currency accounts2 of 348126 of 348

If neither fits

AU Small Finance Bank has headline rate at 6.75%, against 5% for Finom and 3.29% for Wise Account.

AU Small Finance Bank review

What we checked

Finom

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

Wise Account

  • wise.com: 8 facts, checked September 26, 2026
  • euclid.eba.europa.eu: 2 facts, checked September 26, 2026
  • en.wikipedia.org: 1 fact, checked September 26, 2026

Every fact side by side

Finom vs Wise Account
FactFinomWise Account
Pricing modelNo monthly fee, Fixed rateNo monthly fee, Low FX
Legal entityPNL Fintech B.V.Wise Europe SA
HeadquartersNetherlandsBelgium
Founded20192011Lower
Support channelsEmail, Chat, Help centre, CommunityEmail, Phone, Chat, Help centre

Everyday accounts

Finom vs Wise Account
FactFinomWise Account
Licence typeNot confirmedPayment institution
Currency conversion fee1%0.24%Lower
Currencies1740Higher
AudienceBusiness, FreelancerExpats, Travelers
FeaturesFree ATMFree ATM
Local account detailsIBANIBAN, UK sort code, Us ACHCovers more
Free ATM withdrawals€10,000£250
Transfer feeFree outgoing SEPA transfers up to EUR 2,500 per month (Solo plan); outgoing international payments 1% (Solo) to 0.20% (Pro)From 0.24%, varies by currency

Money transfer

Finom vs Wise Account
FactFinomWise Account
Exchange rate markupNot confirmed0%
Payout methodsNot confirmedBank, Card

Where each stands against the rest

Finom vs Wise Account
FactFinomWise AccountMedian
Headline rate5%above the median3.29%above the median3.25%
Minimum deposit€0below the medianNot confirmed€1

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.

Wise Account

Pros

  • Currency conversion at 0.24% with a 0% exchange rate margin, so nothing is added on top of the rate you are quoted.
  • Balances earn a variable 3.29%, above the everyday account median of 3.25%, while access to money and gains stays instant.
  • Holds 40 currencies, well clear of the everyday account median of 9, with local account details covering IBAN, UK sort code and US ACH.

Cons

  • It is a payment institution rather than a bank, so balances are safeguarded rather than banked, and the protection that applies is FSCS up to GBP 85,000.
  • The rate is variable, so 3.29% can move with the base rate instead of being locked for a term.
  • Cash withdrawals are free to £250 only, and free ATM withdrawals are a feature on 64.6% of everyday accounts, so heavy cash users should check a bank tariff first.

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%.

Wise Account

Who it suits

  • Expats and travelers named in expats and travelers who hold balances in several currencies at once.
  • People who need local account details, since those cover iban, uk sort code and us ach.
  • Readers who want 40 currencies in a single account without a monthly charge.

Who should look elsewhere

  • Readers who want a bank licence rather than a payment institution account.
  • Anyone chasing a fixed return for a set period, because the rate is variable and the money is accessible on demand.
  • Traders or wallet users who would rather sit with XTB or Skrill, where a multi-currency current account plays no part.

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

Country by country

Finom vs Wise Account
CountryFinomWise Account
AustriaYesNo
BelgiumYesNo
CyprusYesNo
FranceYesNo
GermanyYesNo
IrelandYesNo
ItalyYesNo
NetherlandsYesNo

8 of 11 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.

Wise Account

Does the Wise Account cost anything each month?+

The monthly fee is £0, so there is no standing charge to keep the account open. That matches AXI Card, XTB and Skrill, which also show a monthly fee of €0. On VaultCue, Wise Account ranks 1 of 500 brands on this measure, and the everyday account median is €0.

What does it cost to change currency?+

Currency conversion is charged at 0.24% and the exchange rate margin is 0%, so nothing is layered on top of the rate quoted. Wise Account ranks 137 of 312 brands on that fee, with the everyday account median at 0.22% and the upper quartile at 2%.

Other options to compare

Other matchups

Finom

Visit

Wise Account

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