Starling Bank
Pros
- FSCS-protected UK bank with no fees abroad at all
- Genuinely strong free business account
- Interest paid on the current-account balance
Cons
- Limited multi-currency holding beyond GBP, EUR and USD
- No cash-back or rewards programme
Neobank comparison
Starling Bank vs Varo Bank
Compare Starling Bank and Varo Bank side by side: fees, regulation, platforms.
Starling Bank
Best for business banking
Starling is the most complete UK bank account on this list: free abroad, FSCS protected, and with a business …
VS
Varo Bank
Best US high-yield neobank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured w…
Head-to-head comparison
| Feature | Starling Bank | Varo Bank |
|---|---|---|
| Monthly fee | Free | Free |
| FX markup | 0% | 0% |
| Savings APY | 3.25% | 5% |
| Currencies | 3 | 1 |
| Card network | Mastercard | Visa |
| Deposit protection | FSCS up to 85,000 GBP | FDIC up to 250,000 USD (Varo Bank, N.A.) |
| Regulators | - | - |
| Best for | Best for business banking | Best US high-yield neobank |
| Markets & account | ||
Pros & cons
Varo Bank
Pros
- Real national bank charter with direct FDIC insurance
- One of the highest savings APYs among US neobanks
- Fee-free overdraft and early direct deposit
Cons
- Top savings rate needs qualifying activity to unlock
- USD-only and US-resident only
Starling Bank
Starling is the most complete UK bank account on this list: free abroad, FSCS protected, and with a business account that punches far above its price.
Confirm current fees and rates on the provider's site. T&Cs apply.
Varo Bank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured while the savings rate stays at the top of the table.
Confirm current fees and rates on the provider's site. T&Cs apply.
Not the right match?
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