Xapo Bank review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Xapo Bank suits anyone who wants a variable easy-access rate on money they still spend from, with full liquidity and no notice period. The interest rate of 4.1% to 4.6% moves with the market rather than being locked, and support runs through email, chat and phone across 3 currencies.
Key facts
- Best for
- A multi-currency account for travel and everyday money, with interest on the balance.
- Headline rate
- 4.1% to 4.6%↗
- Rate type
- Variable↗
- Minimum deposit
- $0↗
- Access terms
- 100% liquidity, instant withdrawals anytime, no lock-ups or withdrawal penalties↗
- Monthly fee
- $0↗
- Account kind
- Easy access↗
- Legal entity
- Xapo Bank Limited↗
- Headquarters
- Gibraltar↗
- Founded
- 2013↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Pricing model
- Low FX fees
- Official website
- xapobank.com
Everyday accounts
Money transfer
- Exchange rate markup
- 0%↗
- Delivery time
- SEPA Instant and UK FPS: seconds to a few minutes 24/7; ACH: 1-3 business days; SWIFT: 2-5 business days↗
- Payout methods
- Bank, Wallet, Card↗
- Fee to send 1,000
- $0↗
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- TrustpilotLinkedInX
Pros and cons
Pros
- Interest pays a variable rate of 4.1% to 4.6% with no lock-ups and instant withdrawals
- Free ATM withdrawals with an allowance of $100
- Payouts reach bank, wallet and card when money leaves the account
- Help is available by email, chat and phone
Cons
- A rate type of variable can fall, so the return is not locked in
- Only 3 currencies are supported, short of the 15 upper end in this field
- SWIFT sending is charged on a share of the sum plus a flat fee, more than SEPA or UK Faster Payments
Who it suits
- Travellers who need us ach details alongside local payment rails
- Anyone holding a balance across 3 currencies for everyday spending
- Savings customers who want full access to their money with no notice period
Who should look elsewhere
- Fixed-rate savers, who should look at Plazo ES and its rate of 24.19%
- Borrowers and card users, who should look at AXI Card Tarjeta y Credito and its rate of 21.59%
- Shoppers after a longer currency list, who should compare PayPal Colombia and its rate of 3.3%
Who runs it
Xapo Bank is operated by Xapo Bank Limited, headquartered in Gibraltar and founded in 2013. It is supervised by the Gibraltar Financial Services Commission under licence 124075. Customers reach the bank by email, chat and phone, so help is available by phone as well as in writing.
How Xapo Bank compares
9.1 vs 8.6
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9.1 vs 8.9
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 8.9
9.1 vs 8.7- 9.1 vs 8.0
9.1 vs 9.0
9.1 vs 8.1
9.1 vs 8.7
9.1 vs 8.0
9.1 vs 9.5
9.1 vs 9.4
9.1 vs 9.3
9.1 vs 9.2
9.1 vs 9.0
9.1 vs 8.7
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.4
9.1 vs 8.3
9.1 vs 9.0
Where Xapo Bank is available
- Available
- Gibraltar
- Licence in Gibraltar
- Gibraltar Financial Services Commission (124075), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Is there a monthly fee to keep the account open?+
The account carries a monthly fee of $0, so there is nothing to pay for keeping it running. That sits at the cheapest end of the range on this site, where monthly fees elsewhere reach €449.
What interest rate does the money earn?+
The account pays a variable rate of 4.1% to 4.6%. Because the rate type is variable, the amount earned moves with the market, so the return is not guaranteed for a set period and there are no lock-ups or withdrawal penalties.
Can I get my money out whenever I want?+
Yes. Access terms give full liquidity with instant withdrawals at any time, and there are no lock-ups or withdrawal penalties. The account kind is easy access, so nothing has to mature before money can be taken out.
Is there a minimum balance to open it?+
No minimum deposit applies, and the amount is $0, the lowest figure in the site's minimum deposit ranking. A balance can start small and grow, with the variable rate of 4.1% to 4.6% applying to what is held.
Which currencies and local payment details do I get?+
The account covers 3 currencies and comes with US ACH local details through us ach. Most services in this field use IBAN details instead, which 73.8% of them rely on for everyday payments.
What does it cost to convert money?+
The currency conversion fee is 0% and the exchange rate markup is 0%, so moving money between the 3 supported currencies costs nothing to trade. The typical markup elsewhere in this field is 0.9%.
How fast are transfers, and what do they cost?+
SEPA Instant and UK Faster Payments usually land within seconds to a few minutes at any hour, while ACH and SWIFT take a few business days. SWIFT sends are charged on a share of the sum plus a flat fee, and money can go out to bank, wallet and card.
What licence does it hold, and who regulates it?+
Xapo Bank Limited is licensed and supervised by the Gibraltar Financial Services Commission under licence 124075, with headquarters in Gibraltar. A bank licence is the most common type in this ranking, appearing in 54.5% of accounts here.
What support is available if something goes wrong?+
Support runs through email, chat and phone, covering written and spoken help. Phone support is common on this site, reaching 79.5% of services, and a help centre is more widespread still at 86.1% when a payment stalls abroad.
Sources
- legal.xapobank.com/fees checked September 26, 2026
Backs: Free ATM withdrawals, Features, Transfer fee
“Cash withdrawal (ATM) in and outside Gibraltar up to 100 USD per month - 0 USD, ATM operator fees may apply”
- xapobank.com checked September 26, 2026
Backs: Support channels
“24/7 assistance - Get help anytime through in-app chat or email.”
- xapobank.com/en/banking/earn checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Headquarters, Legal entity, Minimum deposit, Rate type, Licences
“Both the USD and BTC savings accounts offer 100% liquidity. There are zero lock-up constraints or withdrawal penalties.”
- xapobank.com/en/banking/transact checked September 26, 2026
Backs: Audience, Currencies, Currency conversion fee, Local account details, Pricing model
“The card is accepted for purchases and ATM withdrawals in over 100 countries”
- xapobank.com/en/help/faq/company-and-membership checked September 26, 2026
Backs: Founded, Exchange rate markup, Monthly fee
“Xapo Bank was founded in 2013 as a highly secure Bitcoin wallet.”
- xapobank.com/en/help/faq/payments-and-global-transfers checked September 26, 2026
Backs: Delivery time, Payout methods, Fee to send 1,000
“Euro and British Pound transfers usually clear within seconds to a few minutes, 24/7.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term, Deposit protection.
Other rankings
Xapo Bank
A multi-currency account for travel and everyday money, with interest on the balance.