Monese

Website

monese.com

Pricing URL

-

$ Details

-

Platforms

-

Release Date

-

Categories

#Online Payments #Payment Platform #Money Transfer #Mobile Banking

bunq

Website

bunq.com

Pricing URL

Official bunq Pricing

$ Details

freemium

Platforms

App Web

Release Date

2012 January

Categories

#Online Banking #Mobile Banking #Online Payments #Finance #Recurring Billing #Payment Platform #Personal Finance #Credit Card Payments #Banking #Business Payments #Billing & Invoicing #Invoicing

Monese features and specs

• No Credit Check
  Monese allows users to open an account without a credit check, making it accessible for individuals with a poor or limited credit history.
• Instant Account Setup
  The signup process is quick and users can set up an account instantly through the app, providing convenience and ease of access.
• Multi-Currency Accounts
  Monese offers multi-currency accounts, allowing users to hold and manage money in different currencies without the need for multiple bank accounts.
• Mobile-First Experience
  The service is optimized for mobile devices, providing an intuitive and user-friendly app interface for managing finances on-the-go.
• International Money Transfers
  Monese offers competitive rates for international money transfers, making it a cost-effective option for sending money abroad.

Possible disadvantages of Monese

• Limited Physical Presence
  Monese does not have physical branches, which may be a drawback for users who prefer in-person banking services.
• Account Fees
  While Monese offers a free account, premium accounts come with monthly fees, which can add up over time for users who require additional services.
• No Lending Services
  Monese does not provide traditional banking services such as loans or overdrafts, which may be limiting for some users.
• ATM Withdrawal Fees
  Using Monese cards for ATM withdrawals may incur fees, especially on certain account types or after exceeding the free withdrawal limit.
• Limited Features Compared to Traditional Banks
  While Monese offers basic banking services, it may lack certain features and services provided by traditional banks, such as investment products.

bunq features and specs

• 100% online – no branch visits, no paperwork
  Get started from anywhere, anytime. Just download the bunq app, and you’ll never need to visit a physical branch.
• Manage expenses effortlessly
  Create up to 25 Bank Accounts to organize your budgeting, manage salaries, set aside savings, and even handle multiple local currencies—all within seconds.
• Earn Cashback
  Get rewarded for every payment made with your card, including employee cards—paid weekly.
• Free Business Account for Freelancers
  A perfect no fee business bank account option to help you manage your finances efficiently.
• Tap to Pay (receiving payments)
  Businesses can easily accept in-person, contactless payments for your business. Wherever you are, all you need to accept card payments is your bunq app and your smartphone.
• Save time with automation
  From bookkeeping integrations and AutoVAT to quick invoice processing, bunq offers a wide range of tools that save you time, so you can get back to running your business.
• Sky-high interest rates
  Boost your savings with 2.51% interest on EUR for personal accounts and 0.75% for business accounts — and earn even more on USD and GBP. Interest is paid out every week, so you can benefit from compound interest.
• Teamwork made easy
  For businesses - quickly and safely share your account with co-directors and employees, so you can manage money collectively and make financial decisions together, all within the bunq app.
• Bank like a local, wherever you are
  Open accounts with NL, DE, ES, FR & IE IBANs, and in up to 22 currencies quickly and without any hassle. You also get 6 worldwide ATM withdrawals for free every month.
• Plant trees with your card
  As a bunq user you'll plant trees just by using your bunq card. We're planting mangroves in Kenya thanks to our partner veritree. You can also track the estimated CO2 impact of your transactions in the app!
• Exclusive Business Card perks
  With our business accounts, get top discounts on tools and services like Google Workspace to help your business grow and succeed.

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