Compare Suits Me vs Nickel to make an informed decision for your financial needs. Whether you're interested in mobile banking, unique features, or specific benefits, this comparison will help you navigate some of the differences between Suits Me and Nickel.
Go compare All comparisons
Mobile banking is a revolution that offers customers unparalleled convenience and Suits Me and Nickel are two notable players in this field.
Suits Me is a UK based mobile banking option, targeting people who face barriers in traditional banking systems, including migrant workers and self-employed. Nickel, meanwhile, is a French system, recognized for its simplicity and affordability and is open to everyone regardless of their income.
Account setup in Suits Me is done within minutes online, which is similar to Nickel where the account can be set up in a partnering newsagent setup, known as 'buralistes' in just minutes. Suits Me provides a contactless visa debit card via post, and Nickel provides a Mastercard instantly. This is an advantage for Nickel users, as they can start transacting immediately.
When it comes to transaction fees, Suits Me charges for transactions outside the UK, while Nickel charges nominal fees for each cash or cheque deposit and withdrawals beyond the specified limit.
One standout feature of Suits Me is its integrated 'reward plan' where users can gain discounts and cash back from certain retailers, an aspect which Nickel doesn't offer. However, Nickel outperforms Suits Me with its easier card top-up options, allowing depositing cash and cheque at any of the Nickel partners, whereas Suits Me only gives bank transfers as a recharge option.
In terms of customer support, Suits Me provides quick support via email, phone, and Live chat during their business hours while Nickel offers support via phone, email, and at the buraliste where the account was opened.
In summary, Suits Me and Nickel are advantageous mobile banking solutions that streamline the banking process with a quick setup and easy-to-use features. Each platform has unique advantages, from the discounts and cash back offered by Suits Me to the simplicity and accessibility of Nickel. The choice between them would depend largely on the personal banking needs and location of each user.