Compare Bunq and Currensea

How do Bunq and Currensea compare?

Bunq and Currensea are two mobile banks that offer different features and services to their customers.

Bunq is a European-based mobile bank that focuses on providing advanced digital banking features and sustainability. They offer personal and business accounts with features like real-time notifications, instant money transfers, and multi-currency support. Bunq allows users to create sub-accounts for specific savings goals and offers integrations with popular payment platforms like Apple Pay and Google Pay. Sustainability is a key focus for Bunq, and they offer features like tree planting with each transaction.

Currensea, on the other hand, is a mobile bank that specializes in international currency transactions. They provide a debit card that can be linked to existing bank accounts and used for overseas spending without incurring high foreign exchange fees. Currensea aims to provide a cost-effective and convenient solution for individuals who frequently travel or make international payments.

In terms of fees, Bunq operates on a subscription-based model with different pricing tiers offering various features and services. Currensea charges a small percentage fee for international transactions but does not charge foreign exchange fees.

Overall, Bunq is suitable for individuals seeking advanced digital banking features and a sustainable approach, while Currensea caters to customers looking for a cost-effective solution for international currency transactions. The choice between the two would depend on individual preferences, specific banking needs, and the frequency of international payments or travel.