Compare Monese and neon-free

How do Monese and neon-free compare?

Monese and neon-free are both mobile banks that offer digital banking services to their customers. Here is a comparison of the two:

Features; Monese offers a range of features including virtual and physical debit cards, international money transfers, direct debits, and in-app budgeting tools. They also provide a variety of account options, including a free account and a premium account with added benefits. Neon-free offers similar features, including virtual and physical debit cards, international money transfers, and budgeting tools. However, they also provide cashback rewards for purchases made with their card.

Fees; Monese does not charge any fees for opening an account or for account maintenance, and they offer free international money transfers up to a certain amount. However, there are fees for certain services such as ATM withdrawals and international transfers above the free limit. Neon-free is a completely free digital bank, meaning they do not charge any fees for their services.

Availability; Monese is available in 31 countries across Europe, while neon-free is only available in Germany, Austria, Spain, Italy, and France.

Conclusion: Overall, both Monese and neon-free offer similar features, but neon-free has the advantage of being completely fee-free, which may be attractive to customers who are looking to save on banking costs. However, Monese has a wider reach in terms of availability, so it may be a better option for those who frequently travel or live in different countries. Ultimately, the choice between the two will depend on individual needs and preferences.