Updated September 28, 2026 · VaultCue Editorial Team
Qonto vs VaultLeap
Qonto
VaultLeap
Higher score in this comparison
Where Qonto and VaultLeap differ
| Compare | QontoReviewVisitVisit | VaultLeapReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | €19 | $0 |
| Currency conversion fee | 0.8% to 1.8% | 0.5%Lower |
| Currencies | from 30 | 3 |
| Local account details | IBAN | IBAN, Us ACHCovers more |
| Transfer fee | 30 SEPA transfers/month included, then EUR 0.20 per extra transaction (Basic plan) | 0.75% Standard, 0.45% Pro, 0.00% Zero up to $40k/mo then 0.55% |
| Licence type | Payment institution | Not confirmed |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
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
- VaultLeap scores higher overall: 9.1 vs 8.7.
- Currency conversion fee is lower at VaultLeap: 0.5% vs 0.8% to 1.8%.
- Local account details: only VaultLeap offers Us ACH.
- Support channels: only Qonto offers Chat, Phone.
- Audience: only VaultLeap offers Expats.
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.
VaultLeap
VaultLeap suits freelancers, business owners and expats who move money across borders and want cheap conversion. It scores 4.8 overall, with a cost score of 5.8 and no monthly fee at $0. Its weak point is choice, at 3 currencies.
Score breakdown
| Area | Qonto | VaultLeap |
|---|---|---|
| Cost | 8.8A monthly fee of €19 on the standard plan and a minimum deposit of €0, against a site median of €0 | 9.2HigherNo monthly fee at $0, tiered transfer fees that fall on the higher tier, and currency conversion at 0.5%. |
| Offer | 9.1HigherHeadline rate of 1.5% is variable and sits at 350 of 473 | 9.0Covers 3 currencies with local details on iban and us ach, aimed at expats, business and freelancer. |
| Trust | 8.3 | Not confirmed |
Where they rank in our lists
| Ranking | Qonto | VaultLeap |
|---|---|---|
| Business bank accounts | 5 of 563 | 129 of 563 |
| Accounts for freelancers | 2 of 130 | 36 of 130 |
Sources behind this comparison
Qonto
- qonto.com: 10 facts, checked September 26, 2026
- euclid.eba.europa.eu: 3 facts, checked September 26, 2026
VaultLeap
- vaultleap.com: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | Qonto | VaultLeap |
|---|---|---|
| Audience | Business, Freelancer | Expats, Business, FreelancerCovers more |
| Pricing model | Not confirmed | No monthly fee, Low FX |
| Features | Digital only | Not confirmed |
| Legal entity | QONTO | Klydo, Inc. |
| Headquarters | France | United States |
| Founded | 2017 | Not confirmed |
| Support channels | Chat, Phone, Email, Help centreCovers more | Email, Help centre |
Money transfer
| Fact | Qonto | VaultLeap |
|---|---|---|
| Exchange rate markup | Not confirmed | 0.5% |
| Delivery time | Not confirmed | Same-day ACH, SEPA in hours, on-chain in minutes |
| Payout methods | Not confirmed | Bank, Wallet, Card |
Where each stands against the rest
| Fact | Qonto | VaultLeap | Median |
|---|---|---|---|
| Currency conversion fee | 0.8% to 1.8%above the median | 0.5%at the median | 0.5 |
| Currencies | from 30highest quarter | 3below the median | 5 |
Median across 536 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
VaultLeap
Pros
- The monthly fee is $0, so holding the account costs nothing while Same-day ACH, SEPA in hours, on-chain in minutes.
- Currency conversion is priced at 0.5%, which sits alongside the 0.5% charged across the site.
- Transfer fees fall on the higher tier, and a further plan waives them inside a monthly allowance before its own rate applies above it.
Cons
- The currency list is short at 3 against a site median of 5, so it suits single market pairs more than broad currency lists.
- Support runs on email and help centre only, and a live chat line or phone line is not part of that list for time sensitive payment problems.
- The exchange rate markup is 0.5%, which sits above the 2.75% figure typical on the site, so the headline conversion cost is not the whole cost.
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
VaultLeap
Who it suits
- Freelancers billing clients in another currency who need fast payment collection
- Business owners paying overseas suppliers and contractors
- Expats who send money home and receive salary into local details
Who should look elsewhere
- Anyone who needs a long currency list, since it offers 3 currencies
- Skrill, if you want a wider currency set than 3
- Plazo ES, if you would rather hold euro balances than move money for a fee
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
VaultLeap
Current offer
Bonus
Card activation bonus: 5,000 Tier Points
One-time on first VaultLeap Visa Card activation; no cash value, points only set tier status; funded by Klydo, Inc.
Source, checked September 26, 2026
Country by country
| Country | Qonto | VaultLeap |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
| Italy | Yes | No |
| Netherlands | Yes | No |
| Portugal | Yes | No |
| Spain | Yes | No |
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.
VaultLeap
Does VaultLeap charge a monthly fee?+
The monthly fee is $0, so the account itself costs nothing to keep. The costs sit on the transaction side instead: tiered transfer fees, and conversion at 0.5%. The site median monthly fee is €0, so this is the common setup rather than an exception.
What does a transfer cost on VaultLeap?+
Transfer fees are tiered by account type. The entry tier charges the highest rate, a middle tier charges less, and another plan waives transfer fees inside a monthly volume allowance before charging its own rate above it. So regular senders pay less per transfer on a higher tier, and lighter senders can avoid the transfer fee entirely by staying inside the allowance.
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Qonto
VaultLeap