Mox Bank review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
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%.
Key facts
- Best for
- A free monthly account for daily spending and cross-border transfers.
- Headline rate
- 0.001%↗
- Rate type
- Variable↗
- Access terms
- Interest credited daily to the Mox Account; savings balance usable for daily purchases↗
- Monthly fee
- HK$0↗
- Account kind
- Easy access↗
- Legal entity
- Mox Bank Limited↗
- Headquarters
- Hong Kong↗
- Founded
- 2020↗
- Support channels
- Email, Phone, Help-centre, Community↗
- Pricing model
- No monthly fee, Low FX fees
- Official website
- mox.com
Everyday accounts
Money transfer
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
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.
- Holds 17 currencies, well above the 5 typical of the accounts listed here.
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 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.
Deposit protection
Mox Bank Limited appears in the Hong Kong licence record with the Securities and Futures Commission, under CE number: BNO808, alongside a Hong Kong Monetary Authority licence. Savings sit in a single balance that also covers daily spending, so anyone weighing how the money is protected should read those licence terms before adding a large sum.
Rates and card terms
The savings rate is 0.001% and it is variable, so the return moves rather than staying locked for a term. Interest is credited daily to the account, and the savings balance itself covers daily purchases, which suits people who treat savings as spendable money. It is a low-yield way to hold a balance rather than a way to grow it.
How Mox Bank compares
8.6 vs 8.6
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8.6 vs 9.1
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8.6 vs 8.7- 8.6 vs 8.0
8.6 vs 9.0
8.6 vs 8.1
8.6 vs 8.7
8.6 vs 8.0
8.6 vs 9.5
8.6 vs 9.4
8.6 vs 9.3
8.6 vs 9.2
8.6 vs 9.0
8.6 vs 8.7
8.6 vs 8.5
8.6 vs 8.5
8.6 vs 8.5
8.6 vs 8.4
8.6 vs 8.3
8.6 vs 9.0
Where Mox Bank is available
- Available
- Hong Kong
- Licence in Hong Kong
- Hong Kong Monetary Authority, checked September 26, 2026
- Licence in Hong Kong
- Securities and Futures Commission (CE number: BNO808), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
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.
Who regulates Mox Bank, and is my money protected?+
Mox Bank Limited is listed in the Hong Kong licence record with the Securities and Futures Commission under CE number: BNO808, alongside a Hong Kong Monetary Authority licence. The brand is based in Hong Kong and was founded in 2020. Read those licence terms to see what applies to a savings balance.
How fast is an international transfer?+
Delivery time is 20 seconds to 1 week, so the quickest transfers land almost at once while the slowest run about a week. Transfers run through Express Remit, and 17 currencies are covered. Which end of that range applies depends on the destination and the payout route.
What does it cost to send money abroad, and how is the recipient paid?+
Transfer fees are HKD 0 on Express Remit transfers, and money moves in 17 currencies. Payouts go to bank and wallet, so a recipient is paid into a bank account or a wallet. That keeps the cost of regular transfers low for people who send money abroad often.
Is Mox Bank branch-based or app-only?+
The service is digital only, with everything handled in the app rather than in a branch. Help runs on email, phone and help centre, which lists email, phone, a help centre and a community as ways to reach the brand. Readers who prefer face-to-face service may prefer a branch-based bank.
How many currencies can I hold and send?+
Mox Bank supports 17 currencies, above the 5 median among the accounts compared here. The pricing model is no monthly fee and low fx, so the low-fx side of the offer is where the multi-currency setup earns its place for readers holding money outside their home currency.
Sources
- mox.com checked September 26, 2026
Backs: Access terms, Account kind
“With Mox, the interest on your savings is calculated and credited to your Mox Account daily”
- mox.com/about-us checked September 26, 2026
Backs: Founded, Headquarters, Licences
“Launched in Hong Kong in September 2020”
- mox.com/faqs/faq-transfer checked September 26, 2026
Backs: Currencies, Delivery time, Payout methods
“Currently, you can transfer USD, EUR, JPY, GBP, AUD, NZD, CAD, AED, RMB, KRW, IDR, INR, MYR, PHP, SGD, THB, and VND overseas using Express Remit.”
- mox.com/features/mox-at-a-glance checked September 26, 2026
Backs: Features, Monthly fee
“Open an account in minutes for free - Simply download our app and you can open an account for free, anytime, anywhere.”
- mox.com/features/mox-fx checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“From 2 July 2024, you can enjoy 0 Remit fees on all global money transfers, regardless of the corridor.”
- mox.com/features/savings-rate checked September 26, 2026
Backs: Headline rate, Rate type
“HKD savings base rate: HKD savings deposit Interest Rate (p.a.) No cap, no tier 0.001% ... USD savings base rate ... 0.001% ... Effective date: 1 December 2025”
- mox.com/legal-documents checked September 26, 2026
Backs: Support channels
“Contact us - Send us a message / +852 2888 8228 / care@mox.com; Social Media Community Guidelines”
- mox.com/moxplus checked September 26, 2026
Backs: Pricing model
“0 FX fee on all credit card spending”
- mox.com/promotions/Mox-Referral-Programme checked September 26, 2026
Backs: Legal entity
“This page is issued by Mox Bank Limited.”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term, Minimum deposit, Deposit protection.