Compare Bunq and Revolut

How do Bunq and Revolut compare?

Bunq and Revolut are two popular mobile banking options that offer distinct features and services to their customers.

Bunq is a European-based mobile bank that focuses on advanced digital banking features and sustainability. They provide 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 even offer features like tree planting with each transaction.

Revolut, on the other hand, is a globally recognized mobile bank that emphasizes flexibility and global money management. They offer personal and business accounts with features like international money transfers, multi-currency wallets, and budgeting tools. Revolut provides competitive exchange rates for currency conversions and allows users to spend abroad with low fees. They also offer additional services like cryptocurrency trading and stock investments.

In terms of fees, Bunq operates on a subscription-based model with different pricing tiers offering various features and services. Revolut offers different account plans, including a free basic plan and premium plans with additional benefits.

Overall, Bunq is suitable for individuals seeking advanced digital banking features and a sustainable approach, while Revolut excels in global money management and offers a range of financial services. The choice between the two would depend on individual preferences, specific banking needs, and whether one prioritizes sustainability or global banking capabilities.