Updated September 28, 2026 · VaultCue Editorial Team
monobank vs PKO Bank Polski
monobank
PKO Bank Polski
Higher score in this comparison
monobank vs PKO Bank Polski: the differences
| Compare | monobankReviewSee alternativesSee alternatives | PKO Bank PolskiReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 16%Higher | 4% |
| Rate type | Fixed | Variable |
| Access terms | Fixed or flexible terms of 3 to 24 months, withdraw or reinvest anytime, auto-renews by default | Interest capitalised monthly, first monthly transfer out and branch withdrawals free of charge |
| Monthly fee | UAH 0 | PLN 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 4%.
- Support channels: only monobank offers Email.
- Pricing model: only monobank offers Fixed rate.
- Pricing model: only PKO Bank Polski offers No monthly fee.
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.
PKO Bank Polski
PKO Bank Polski pairs a monthly fee of PLN 0 with a currency conversion fee of 0%, so the everyday costs sit at the floor. It suits expats and Polish residents who want an easy-access account with local IBAN details, a variable savings rate and free ATM withdrawals.
Score breakdown
| Area | monobank | PKO Bank Polski |
|---|---|---|
| Cost | Not confirmed | 9.4Monthly fee PLN 0 and currency conversion at 0%, ranking 1 of 312 on conversion. |
| Offer | Not confirmed | 9.2Savings headline rate 4%, variable, 10 currencies and iban local details. |
Positions in our rankings
| Ranking | monobank | PKO Bank Polski |
|---|---|---|
| Savings accounts | 1185 of 1420 | 156 of 1420 |
| Multi-currency accounts | 313 of 348 | 57 of 348 |
Availability and regulation
| Country | monobank | PKO Bank Polski |
|---|---|---|
| Ukraine | Not confirmed |
Additional countries for monobank: 1. Additional countries for PKO Bank Polski: 1.
A third option
Mercado Pago has headline rate at 105%, against 16% for monobank and 4% for PKO Bank Polski.
Mercado Pago reviewWhere these facts come from
monobank
- monobank.ua: 11 facts, checked September 26, 2026
PKO Bank Polski
- pkobp.pl: 9 facts, checked September 26, 2026
Every fact side by side
| Fact | monobank | PKO Bank Polski |
|---|---|---|
| Pricing model | Fixed rate | No monthly fee |
| Legal entity | JOINT STOCK COMPANY "UNIVERSAL BANK" | PKO Bank Polski Spółka Akcyjna |
| Headquarters | Ukraine | Poland |
| Support channels | Email, Chat, Phone, Help centreCovers more | Chat, Phone, Help centre |
Everyday accounts
| Fact | monobank | PKO Bank Polski |
|---|---|---|
| Currency conversion fee | 0% | 0% |
| Currencies | 3 | 10Higher |
| Audience | Business, Freelancer | Expats |
| Features | Digital only | Free ATM |
| Local account details | IBAN | IBAN |
| Free ATM withdrawals | UAH 50,000 | Not confirmed |
| Transfer fee | 0 UAH for transfers to any IBAN account | 0 zł for internal, standard and SEPA Standard foreign transfers in iPKO and the IKO app; 10 zł for standard or SEPA Standard foreign transfers to another account holder in a branch or by phone line |
Money transfer
| Fact | monobank | PKO Bank Polski |
|---|---|---|
| Delivery time | Not confirmed | Immediate between own accounts |
| Payout methods | Not confirmed | Bank |
| Fee to send 1,000 | Not confirmed | PLN 0 |
Where each stands against the rest
| Fact | monobank | PKO Bank Polski | Median |
|---|---|---|---|
| Headline rate | 16%highest quarter | 4%above the median | 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%.
PKO Bank Polski
Pros
- Monthly fee PLN 0 and a currency conversion fee of 0% on everyday and foreign transfers.
- The savings headline rate is 4% on an easy access account, with interest capitalised monthly.
- Transfers between own accounts are Immediate between own accounts, and the local account details are iban.
Cons
- Only 10 currencies, ranking 103 of 379.
- Foreign transfers to another account holder cost more in a branch or by phone line than the PLN 0 charged in the app.
- The 4% headline sits on a variable rate, so it can move.
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.
PKO Bank Polski
Who it suits
- Expats and residents in Poland who want an easy access account with iban details.
- Savers happy with a variable rate and interest capitalised monthly.
- People who send money abroad but need only 10 currencies.
Who should look elsewhere
- PayPal Colombia, whose monthly fee is $0, suits a wallet rather than a Polish bank account.
- Skrill, whose monthly fee is €0, suits readers who want wallet balances.
- eToro, whose monthly fee is £0, suits balances held on an investment platform.
Current offers
PKO Bank Polski
Current offer
Bonus
Do 600 zł z PKO Kontem za Zero (Letni Bonus): up to 600 zł
Open PKO Konto za Zero online with a Visa card, enter code LATO and meet the remaining terms of the 'Letni Bonus' promotion
Source, checked September 26, 2026
Bonus
Do 600 zł do sklepu Samsung (Rabat w górę): up to 600 zł
Open PKO Konto za Zero online and meet the terms of the 'Rabat w górę' promotion
Source, checked September 26, 2026
Bonus
Nawet 1200 zł zwrotu za zakupy na Allegro (Allegro Klik): cashback up to 3%, max 100 zł per month, up to 1200 zł
Open a personal account, link it to an Allegro account and activate Allegro Klik; cashback paid for purchases made with Allegro Klik
Source, checked September 26, 2026
Country by country
| Country | monobank | PKO Bank Polski |
|---|---|---|
| Poland | 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.
PKO Bank Polski
What does it cost to keep an account here?+
The monthly fee is PLN 0 on the everyday account, so keeping it open carries no standing charge. Interest on the linked savings side is a separate matter, paid at a 4% headline rate that can move.
Is there a charge for converting currency?+
The currency conversion fee is 0% in the app, which places PKO Bank Polski at 1 of 312 brands on that measure, well under the site median of 0.5%. Transfers between own accounts are Immediate between own accounts.
Other options to compare
Other matchups
Related by the facts
monobank
PKO Bank Polski