Best mobile banks in
Portugal (December 2024)

Which personal neobanks are best for residents of Portugal?

A personal neobank in Portugal offers a convenient and often more affordable alternative to traditional banks. These online-only banking solutions provide a range of financial services, including multi-currency accounts, international transfers, and debit cards. Whether you're a frequent traveler, a digital nomad, or simply looking to manage your finances more efficiently, neobanks can offer a seamless and cost-effective solution for residents of Portugal.

• Blackcatcard – Mobile and online banking with a free IBAN, payment cards, cashbacks and crypto features
• Openbank – An online bank of Santander Group, available 24/7 and without fees for your everyday transactions.
• Vivid – Grow your money easily with commission-free and instant investing. Turn your everyday spendings into stock rewards. Get cashback and save more money on fees. Open a free account in minutes and see your savings grow.
• Bunq – The future calls for banks that are sustainable in as many ways as possible. Enjoy benefits that help you save time, money and CO2. All with the safety and security of a true bank.
• Curve – Connecting your debit and credit cards to Curve modernises all your accounts, so you never have to switch banks. All cards become contactless and work with Apple Pay, Google Pay and Samsung Pay. You get a great exchange rate when you travel (and avoid any nasty fees). Plus, cashback from your favourite brands? Win all round.

Which business neobanks are best for businesses based in Portugal?

A business neobank in Portugal provides a tailored solution for businesses operating in the country. These online-only banking solutions offer a range of financial services specifically designed for businesses, including multi-currency accounts, international payments, and expense management tools. Whether you're a small startup or an established enterprise, business neobanks can help streamline your financial operations and reduce costs.

• Wallester – Wallester Business offers a comprehensive platform for managing corporate expenses, providing virtual and physical Visa cards along with real-time transaction monitoring and automated reporting.
• Wamo – Discover the ultimate business banking solution with Wamo. Physical & virtual cards, team accounts. Do it all from one app. Ready in 10 minutes!
• Multipass – MultiPass is a bank challenger that offers multi-currency virtual IBANs, local EU, UK and US accounts as well as a corporate card to cover day-to-day business expenses. Note: Multipass accepts companies from the UK and other countries on a case-by-case basis
• Everest – For businesses on their way to the top. Open a business account instantly, get multiple Mastercard cards and automated expense management.
• Soldo – Soldo connects smart company cards, to intuitive management tools. Control, track and report spending – all in one place. Everything you need for effortless spend management.

Frequently asked questions about neobanks

Everything you need to know about mobile banking. Our FAQ section covers the essentials, offering you insights and answers to the most common questions about managing your finances through mobile banks.