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Updated September 28, 2026 · VaultCue Editorial Team

Qonto vs Revolut AU

Qonto scores 8.7 and Revolut AU 9.1 out of 10. Compare their differences and shared features below.
Qonto

Qonto

8.7/10
Visit
Revolut AU

Revolut AU

Higher score in this comparison

9.1/10
Visit

What sets them apart

Qonto vs Revolut AU
CompareQontoQontoReviewVisitVisitRevolut AURevolut AUReviewVisitVisit
Headline rate1.5%4%Higher
Minimum deposit€0£0
Deposit protectionEU DGS up to EUR 100,000FSCS up to GBP 85,000
Access termsInstant access to the money, no notice period; remuneration activated in the app, calculated daily on the total balance and paid on the 2nd of each month; requires at least 5 eligible payment transactions of at least 1 EUR per monthInstant access via the Revolut app, fee-free withdrawals, no withdrawal limits
Monthly fee€19£0
Account kindCash managementEasy access

Same on both: Rate type (Variable).

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

  • Revolut AU scores higher overall: 9.1 vs 8.7.
  • Founded is lower at Revolut AU: 2015 vs 2017.
  • Revolut AU is licensed in 1 more country.
  • Revolut AU is available in 31 more countries.
  • Headline rate is higher at Revolut AU: 4% vs 1.5%.
  • Support channels: only Qonto offers Email.

Our verdict on each

Qonto

Qonto suits businesses and freelancers who want their day to day banking in one app and will not chase the highest rate. The monthly fee of €19 is the trade off, and the 1.5% headline rate ranks 350 of 473 brands.

Read the full Qonto review

Revolut AU

Revolut AU is a fair pick for travellers, freelancers and teens who want many currencies without a monthly charge. It scores 7.6 overall, with an offer part of 9.3 and a cost part of 6.3. The monthly fee is £0 and the currency conversion fee runs 0% to 1%.

Read the full Revolut AU review

Score breakdown

Qonto vs Revolut AU
AreaQontoRevolut AU
Cost8.8A monthly fee of €19 on the standard plan and a minimum deposit of €0, against a site median of €09.4HigherMonthly fee of £0 and currency conversion fees of 0% to 1% sit near the site medians of €0 and 0.5%.
Offer9.1Headline rate of 1.5% is variable and sits at 350 of 4739.3HigherHolds 30 currencies, 4% variable savings and free atm and joint account, giving an offer score of 9.3.
Trust8.38.6Higher

How they place

Qonto vs Revolut AU
RankingQontoRevolut AU
Current and checking accounts1 of 88521 of 885
Savings accounts8 of 142039 of 1420
Business bank accounts5 of 56322 of 563
Accounts for freelancers2 of 13011 of 130

Where each is licensed and available

Qonto vs Revolut AU
CountryQontoRevolut AU
France
FR_ACPR PSD_PI FR_ACPR!68677
Not confirmed
LithuaniaNot confirmed
LT_BL PSD_EMI LT_LT_BL_304940980
United KingdomNot confirmed

Available in 8 countries for both. Additional countries for Revolut AU: 31.

What we checked

Qonto

  • qonto.com: 9 facts, checked September 26, 2026
  • euclid.eba.europa.eu: 2 facts, checked September 26, 2026

Revolut AU

  • revolut.com: 9 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

Qonto vs Revolut AU
FactQontoRevolut AU
Pricing modelNot confirmedNo monthly fee, Low FX
Legal entityQONTORevolut Payments UAB
HeadquartersFranceLithuania
Founded20172015Lower
Support channelsChat, Phone, Email, Help centreCovers moreChat, Help centre, Phone

Everyday accounts

Qonto vs Revolut AU
FactQontoRevolut AU
Licence typePayment institutionE money
Currency conversion fee0.8% to 1.8%0% to 1%Lower
Currenciesfrom 3030
AudienceBusiness, FreelancerTravelers, Freelancer, Teen
FeaturesDigital onlyFree ATM, Joint account
Local account detailsIBANIBAN
Transfer fee30 SEPA transfers/month included, then EUR 0.20 per extra transaction (Basic plan)Free in SEPA; paid plans discount elsewhere, free on Ultra worldwide

Money transfer

Qonto vs Revolut AU
FactQontoRevolut AU
Payout methodsNot confirmedBank

Where each stands against the rest

Qonto vs Revolut AU
FactQontoRevolut AUMedian
Headline rate1.5%lowest quarter4%above the median3.25%

Median across 658 listed accounts.

Pros and cons

Qonto

Pros

  • Minimum deposit of €0, so the account opens without tying up money
  • Support runs on chat, phone and email
  • Currency conversion of 0.8% to 1.8% suits frequent international invoicing

Cons

  • The monthly fee of €19 makes it expensive for anyone holding a small balance
  • The account is digital only, so there is no branch to visit
  • The 1.5% rate is only paid while the transaction condition is met

Revolut AU

Pros

  • Monthly fee of £0, ranked 1 of 500 brands on that measure.
  • Currencies held number 30, well above the site median of 5 for the set.
  • A savings balance paying 4% at a variable rate, against a site median of 3%.

Cons

  • Deposit protection is listed as FSCS up to GBP 85,000, and the licence type is e money rather than a bank licence.
  • The savings rate is variable, so the 4% figure can move.
  • Transfer pricing is uneven: free in SEPA, discounted on paid plans elsewhere, and free on Ultra worldwide.

Who each suits

Qonto

Who it suits

  • Freelancers and sole traders billing across borders
  • Small businesses paying and receiving in several currencies
  • Anyone who wants their accounts, cards and invoices in one app

Who should look elsewhere

  • Anyone saving mainly for yield, since the 1.5% rate is variable and ranks 350 of 473
  • People who want to hold a large balance while paying nothing, given the monthly fee of €19
  • Anyone who prefers a branch, as the account is digital only

Revolut AU

Who it suits

  • Travellers holding several currencies, one of the audiences in travelers, freelancer and teen.
  • Freelancers billing across currencies who want local account details such as iban.
  • Teens in travelers, freelancer and teen who want a joint account or free ATM withdrawals.

Who should look elsewhere

  • Anyone wanting a bank licence rather than e money cover.
  • Skrill, if you want a money transfer service rather than a multi-currency current account.
  • XTB, if you want a trading platform with its own fee of €0.

Current offers

Qonto

Current offer

  • Bonus

    Up to 5% AER account remuneration for 2 months for new customers: 5% AER for 2 months, then 1.5% AER on the Smart plan

    New customers only, first 2 months of the contract, on plans Smart and above; requires at least 5 eligible payment transactions of at least 1 EUR per month; remuneration capped at 50,000 EUR on Smart and 100,000 EUR on Premium; Account Remuneration currently available in France, Spain, Italy and the Netherlands

    Source, checked September 26, 2026

  • Free trial

    1-month free trial on business account plans: 1 month free

    Offered on the Basic, Smart and Premium business account plans, prices excl. VAT

    Source, checked September 26, 2026

Country by country

Qonto vs Revolut AU
CountryQontoRevolut AU
AustraliaNoYes
BrazilNoYes
BulgariaNoYes
CroatiaNoYes
CyprusNoYes
CzechiaNoYes
DenmarkNoYes
EstoniaNoYes

8 of 39 countries where either is available.

Questions about each

Qonto

How much does Qonto cost each month?+

The standard plan charges a monthly fee of €19. SEPA transfers are included up to a set monthly allowance, and each transfer beyond it carries a small fixed charge. Currency conversion adds 0.8% to 1.8% on converted payments.

Is there a minimum deposit to open a Qonto account?+

There is no minimum, and the stated minimum deposit is €0. The account can therefore be opened and funded with a small balance, which suits a new business or a first freelance invoice.

Revolut AU

What is the monthly fee on Revolut AU?+

The monthly fee is £0, and the account sits in the no monthly fee and low fx model. It ranks 1 of 500 brands on monthly fee, matching the site median of €0, so nothing is deducted for holding the account.

How much does it cost to change currency?+

Currency conversion costs 0% to 1% across 30 currencies. The upper end of that range sits near the everyday-account maximum of 3.99%, so frequent conversion is the line to watch in the pricing.

Other options to compare

Qonto

Visit

Revolut AU

Visit