Updated September 29, 2026 · VaultCue Editorial Team
monobank vs Mox Bank
monobank
Mox Bank
Higher score in this comparison
What sets them apart
| Compare | monobankReviewSee alternativesSee alternatives | Mox BankReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 16%Higher | 0.001% |
| Rate type | Fixed | Variable |
| Access terms | Fixed or flexible terms of 3 to 24 months, withdraw or reinvest anytime, auto-renews by default | Interest credited daily to the Mox Account; savings balance usable for daily purchases |
| Monthly fee | UAH 0 | HK$0 |
| Account kind | Fixed | Easy access |
| Term | 12 to 24 months | Not confirmed |
| Minimum deposit | UAH 1,000 | Not confirmed |
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Key differences
- Headline rate is higher at monobank: 16% vs 0.001%.
- Support channels: only monobank offers Chat.
- Support channels: only Mox Bank offers Community.
- Pricing model: only monobank offers Fixed rate.
- Pricing model: only Mox Bank offers No monthly fee, Low FX.
Our verdict on each
monobank
Monobank offers a headline rate of 16% with a business and freelancer account that costs nothing to run, which suits traders who can leave hryvnia alone for a set term. The trade-off is the minimum you must place and the lock-in, so anyone wanting same-day access should weigh an easy-access account.
Mox Bank
Mox Bank suits readers who want a digital-only account that credits interest daily and moves money across several currencies, not the highest savings rate. The monthly fee on the easy access account is HKD 0, transfers carry fees of HKD 0, and the savings rate is 0.001%.
Score breakdown
| Area | monobank | Mox Bank |
|---|---|---|
| Cost | Not confirmed | 9.1 |
| Offer | Not confirmed | 8.9A variable savings rate of 0.001% and delivery in 20 seconds to 1 week keep the offer modest. |
| Trust | Not confirmed | 8.1 |
Licences and countries
| Country | monobank | Mox Bank |
|---|---|---|
| Hong Kong | Not confirmed | Securities and Futures Commission CE number: BNO808 |
| Ukraine | Not confirmed |
Additional countries for monobank: 1. Additional countries for Mox Bank: 1.
Positions in our rankings
| Ranking | monobank | Mox Bank |
|---|---|---|
| Savings accounts | 1185 of 1420 | 559 of 1420 |
| Online banks | 328 of 402 | 190 of 402 |
A third option
Mercado Pago has headline rate at 105%, against 16% for monobank and 0.001% for Mox Bank.
Mercado Pago reviewWhat we checked
monobank
- monobank.ua: 11 facts, checked September 26, 2026
Mox Bank
- mox.com: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | monobank | Mox Bank |
|---|---|---|
| Pricing model | Fixed rate | No monthly fee, Low FX |
| Legal entity | JOINT STOCK COMPANY "UNIVERSAL BANK" | Mox Bank Limited |
| Headquarters | Ukraine | Hong Kong |
| Founded | Not confirmed | 2020 |
| Support channels | Email, Chat, Phone, Help centre | Email, Phone, Help centre, Community |
Everyday accounts
| Fact | monobank | Mox Bank |
|---|---|---|
| Currency conversion fee | 0% | Not confirmed |
| Currencies | 3 | 17Higher |
| Audience | Business, Freelancer | Not confirmed |
| Features | Digital only | Digital only |
| Local account details | IBAN | Not confirmed |
| Free ATM withdrawals | UAH 50,000 | Not confirmed |
| Transfer fee | 0 UAH for transfers to any IBAN account | 0 remit fees on all global money transfers (Express Remit) from 2 July 2024 |
Money transfer
| Fact | monobank | Mox Bank |
|---|---|---|
| Delivery time | Not confirmed | 20 seconds to 1 week |
| Payout methods | Not confirmed | Bank, Wallet |
| Fee to send 1,000 | Not confirmed | HK$0 |
Where each stands against the rest
| Fact | monobank | Mox Bank | Median |
|---|---|---|---|
| Headline rate | 16%highest quarter | 0.001%lowest quarter | 3.25% |
| Term | 12 to 24 monthsat the median | Not confirmed | 24 |
| Minimum deposit | UAH 1,000at the median | Not confirmed | UAH 1,000 |
Median across 658 listed accounts.
Pros and cons
monobank
Pros
- A headline rate of 16% on a fixed deposit sits far above PayPal Colombia at 3.3%.
- The monthly fee is UAH 0, and sending money to another IBAN account costs 0 UAH for transfers to any IBAN account.
- Currency conversion is 0%, so converting between currencies costs nothing.
Cons
- The term runs 12 to 24 and the deposit renews itself by default, so a long commitment keeps rolling.
- A minimum deposit of UAH 1,000 has to sit in the account before the balance starts earning.
- The headline rate of 16% is below Plazo ES at 24.19% and AXI Card Tarjeta y Credito at 21.59%.
Mox Bank
Pros
- A monthly fee of HKD 0 on the account, with a no monthly fee and low fx pricing model.
- Transfer fees of HKD 0 on Express Remit transfers, paying out to bank and wallet.
- Interest is credited daily and the savings balance is usable for daily purchases.
Cons
- The savings rate of 0.001% sits far under the 3% common across the accounts compared here.
- The service is digital only, so everything runs through the app rather than a branch.
- Transfers can take 20 seconds to 1 week to arrive.
Who each suits
monobank
Who it suits
- A Ukrainian business that can leave its balance alone for 12 to 24 and wants the return fixed.
- A freelancer paid by Ukrainian clients who wants local account details in the form of iban.
- A saver who reads the rate before anything else: 16% sits well above the 3% median across the site.
Who should look elsewhere
- Rate chasers: Plazo ES lists 24.19% and AXI Card Tarjeta y Credito 21.59%, both above monobank's 16%.
- Anyone who needs the money on demand, because the term runs 12 to 24 and the deposit renews itself by default. PayPal Colombia at 3.3% is worth weighing for anyone who accepts a much smaller return.
Mox Bank
Who it suits
- People who want the same balance to cover daily spending and savings, with interest credited daily.
- Readers who send money abroad regularly and value transfer fees of HKD 0.
- Anyone banking entirely in an app across 17 currencies.
Who should look elsewhere
- Anyone chasing a high savings rate, since AXI Card Tarjeta y Credito shows 21.59%.
- Readers who want more from a savings product: PayPal Colombia lists 3.3%.
- Plazo ES suits people who prefer a headline rate of 24.19% over daily crediting.
Current offers
Mox Bank
Current offer
Bonus
Mission Bonus Rate: Up to 3.5% p.a. on deposit
Stacking missions; see Mission Bonus Rate Promotion (2026) Terms and Conditions
Source, checked September 26, 2026
Bonus
Mox Payroll: 1.5% p.a. savings top up
Set payroll with Mox; see Payroll Transfer Promotion Terms and Conditions
Source, checked September 26, 2026
Country by country
| Country | monobank | Mox Bank |
|---|---|---|
| Hong Kong | No | Yes |
| Ukraine | Yes | No |
Questions about each
monobank
What rate does monobank pay on its deposit?+
The deposit advertises a headline rate of 16% and the rate is fixed, so the figure holds for the whole placement rather than drifting with the market. For context, PayPal Colombia lists 3.3% on its savings product. That gap is the main reason a saver would pick this account.
How long do I have to leave the money in the deposit?+
The published term is 12 to 24 and the rate is fixed for that whole period. Terms can be taken as a fixed stretch or as a flexible one, so the length you sign up for is a choice rather than a single window. Readers who want shorter placements should set this against an easy-access account.
Mox Bank
What does Mox Bank charge to keep an account open?+
The account carries a monthly fee of HKD 0, and the pricing model is no monthly fee and low fx. That matches the €0 median monthly fee across the accounts compared here, which leaves the account among the cheapest digital banks to hold.
How much interest do I earn on Mox savings?+
The headline rate is 0.001% and the rate type is variable, so the return can move rather than staying fixed for a term. Interest is credited daily to the Mox Account, and the savings balance can be spent on everyday purchases. Readers shopping for yield should compare the 3% median here.
Other options to compare
Other matchups
Related by the facts
monobank
Mox Bank