In this article, we will explore alternatives to Bunq, a mobile banking service known for its business banking solutions. Bunq offers a range of features designed to simplify financial management for businesses, including multiple bank accounts, contactless payment options, and automation tools.
Reviews
Users have shared a mix of positive and negative feedback about Bunq. Many appreciate the quick account setup, multiple bank accounts, and automation tools that simplify financial management. However, some users have expressed frustration with customer service and unexpected fees. Overall, while Bunq's features are praised for their convenience and efficiency, there are areas where users feel improvements are needed.
- "The account setup was incredibly fast and easy, which saved me a lot of time." - John D.
- "Customer service is slow and unresponsive, which is very frustrating." - Sarah K.
For more detailed reviews, visit bunq Reviews.
Best alternatives to Bunq
1. OneSafe
OneSafe is a financial technology company offering a blend of traditional and Web3 financial services. It provides comprehensive account services tailored for companies that operate both in fiat and cryptocurrencies. The platform supports seamless integration for fiat and cryptocurrency transactions, making it ideal for modern financial operations.
- Simple onboarding process, global payments in various currencies, user-friendly corporate cards with spend limits, multi-currency support (USD, Euro, CAD, etc.), global accounts for international operations, versatile payment options including wire, ACH, and foreign exchange, security measures including encryption, compliance protocols, and Multi-Factor Authentication (MFA), near-instantaneous currency conversions with competitive rates.
- Account Opening: Free, Minimum Balance: $0, Monthly Fees: None, Corporate Cards: Included, Invoices: Included, Sending + Receiving US Domestic Payments: 0.1% fee, Sending + Receiving SEPA Payments: 0.2% fee, International Wires: 0.2% fee + $25 Swift, Fedwire: $20, FX fee on Corporate cards: 1%, USDT Transactions: 0.1% fee, Fiat <-> Crypto Conversion: Included.
- Users rave about OneSafe's exceptional customer support and its ability to simplify complex financial tasks. Testimonials highlight its game-changing impact on businesses, especially in Web3, and its seamless currency conversion features. For more details, visit OneSafe.
2. Wise
Wise offers an international multi-currency account that allows users to send, receive, and manage money globally with low fees and transparent exchange rates. The service is designed for both personal and business use, providing features like a Wise debit card, the ability to hold and convert money in over 40 currencies, and earning returns on balances.
- Unique Features: Multi-currency account, low fees on international transfers, regulated by the Financial Conduct Authority (FCA), high Trustpilot score, Wise debit card for global spending, earn returns on GBP balances, dedicated fraud and security teams, 2-factor authentication, operates in numerous countries and supports multiple currencies.
- Pricing: Registering for a Wise account is free. Sending money incurs a fee starting from 0.29%, holding over 40 currencies is free, receiving local payments is free, receiving USD wire and Swift payments costs $6.11 USD, and receiving CAD Swift payments costs $10 CAD. Receiving Swift payments in 21 other currencies is free, though correspondent banks might charge fees.
- Testimonials: Users generally appreciate Wise for its ease of use and low fees. One positive comment from Cherilyn A. states, "You can set up and receive multiple currencies. I could use it as my card/debit card abroad. Easy for me to convert the USD funds I have to the currencies of the country I'm vacationing." On the downside, a verified user in Information Technology and Services mentioned, "Customer Support is the worst among all the products that I used, they're just incompetent. I used Wise for the past 3 years as Personal and Business Account." For more detailed reviews, visit Wise Business Reviews.
3. Revolut
Revolut Business is an all-in-one business account designed to help businesses manage their finances more efficiently. It offers features like global payments, multi-currency accounts, smarter spending, and various tools to automate and scale business operations.
- Unique Features: Global payments and multi-currency accounts, physical and virtual cards for team members, easy acceptance of payments online or in-person, exchange of 25+ currencies at the interbank rate, integration with accounting software and business tools, spend controls and approvals, AI-powered bill capture and payment, access to 45+ million Revolut customers, advanced analytics and currency risk management, control over multiple business entities from one app.
- Pricing: Revolut Business offers four pricing plans:
- Basic: £0/month, includes local & global account details, send, receive & exchange 25+ currencies, unlimited team members, physical & virtual cards, accept online & in-person payments.
- Grow: From £19/month, includes everything in Basic, exchange up to £10,000 monthly at the interbank rate, no-fee transfer allowance, earn interest with Savings, spend controls & approvals, bulk payments.
- Scale: From £79/month, includes everything in Grow, exchange up to £50,000 monthly at the interbank rate, 5x more no-fee global transfers, 10x more no-fee local transfers, higher interest on Savings.
- Enterprise: Custom pricing, includes custom allowances for transfers and currency exchange, highest interest rate on Savings (3.51%), specialized account management.
- Testimonials: Users generally appreciate Revolut for its efficiency and features. One positive comment from FP states, "Revolut give superb foreign exchange rates. They are faster than long established banks when paying/sending money to other parties. Nationally and internationally. Just a far better, faster, more easy to deal with bank than established banks." On the downside, Nicolas Huynh mentioned, "Bad service, bad communication. I ordered a card terminal reader to take payment. This has been delivered to an unknown place by Royal Mail in a few days. According to Revolut, this is my problem and they can't help." For more detailed reviews, visit Revolut Reviews.
4. MuralPay
Mural is a platform designed to eliminate delays and fees in global payments and invoicing. It allows users to pay vendors and contractors in over 40 currencies using real-time payments.
- Unique Features: Instant global payments, bulk payments, global invoicing, virtual accounts, currency conversion, integrations, guaranteed delivery, instant settlement, low fees, security and compliance.
- Pricing: Mural does not provide specific pricing details on their website. Instead, they encourage users to request a demo to understand the benefits and cost-effective nature of their services.
- Testimonials: Users generally appreciate Mural for its efficiency and ease of use. One positive comment from Eric Rao, Finance & Accounting at Nexton, states, "Mural has streamlined our payment process and made onboarding efficient." On the downside, some users have mentioned that the platform could benefit from more detailed documentation. For more detailed reviews, visit Mural Pay Reviews.
5. Wallester
Wallester offers a comprehensive business solution with virtual and physical expense cards designed to streamline corporate financial processes. The platform provides real-time card issuance, expense control, and integration with various financial systems, making it ideal for media buying and other corporate expenses. Wallester Business is free to use with no setup or monthly fees, and it supports instant card issuance and detailed expense management.
- Unique Features: Instant card issuance, real-time transaction monitoring, no setup or monthly fees, customizable API for workflow integration, comprehensive financial management solutions, multi-currency support, recognized as the "Best Expense Management Platform" in 2023.
- Pricing: Wallester offers a free package with 300 virtual cards, unlimited physical cards, and unlimited users. For more extensive needs, the 3000 virtual cards package costs €199 per month, and the 15000 virtual cards package costs €999 per month. Custom solutions are also available upon request.
- Testimonials: Users generally appreciate Wallester for its efficient card issuance and robust support. One positive comment from Giacomo Solimene states, "Absolute number one for business card and global payroll system on line and on app. Super fast assistance in some channel WhatsApp and Telegram over email support." On the downside, Mike Ferrab mentioned, "Bunch of scammers with terrible support. They will suspend your account and hold your money." For more detailed reviews, visit Trustpilot.
6. N26
N26 is a mobile banking service that offers a range of financial products and services through a single app. It provides free and premium bank accounts with features like virtual and physical Mastercards, free ATM withdrawals, 24/7 customer support, and robust security measures.
- Unique Features: Virtual Mastercard, free ATM withdrawals within the eurozone and abroad, 24/7 chat support in five languages, innovative security features including 3D Secure and biometric authentication, instant savings account with competitive interest rates, investment options in stocks, ETFs, and cryptocurrencies, no hidden fees, 100% mobile banking experience.
- Pricing: N26 offers four pricing plans:
- N26 Standard: €0.00/month
- N26 Smart: €4.90/month
- N26 You: €9.90/month
- N26 Metal: €16.90/month
- Testimonials: Users generally appreciate N26 for its user-friendly interface and efficient service. One positive comment from SM states, "Friendly and solution-oriented service - and they found a solution. Great 🤩". On the downside, Amber mentioned, "I was quite happy with N26 a few years ago, but it went downhill. I have lost my phone and it is impossible to log in to my account, because the only 2 options are to confirm with my phone or with my phone number, which I both don't have anymore. I am trying to reach customer service, but there's some automated message that someone will study my file for max 60 min and then there's never any response." For more detailed reviews, visit N26 Reviews.
7. RelayFi
Relay is an online business banking platform that provides small businesses with detailed control over their earnings, spending, and savings. It offers features like multiple checking and savings accounts, receipt management, accounts payable, and credit cards with cash back. Relay integrates with popular accounting and payroll software to streamline financial management.
- Unique Features: No account fees, up to 20 individual checking accounts and 2 savings accounts, physical and virtual cards, 1.5% cash back on credit card purchases, supports ACH transfers, wire transfers, and checks, direct integrations with QuickBooks Online and Xero, receipt management, FDIC insurance up to $3M, Visa® Zero Liability Protection, two-factor authentication and biometric security, official banking platform for Profit First Professionals.
- Pricing: Relay offers two main plans:
- Relay: $0/month, includes no account fees, overdraft fees, or minimum balances, up to 20 individual checking accounts (including 2 savings accounts), physical or virtual credit and debit cards, payments via ACH transfer, check, and wire, cash withdrawals at Allpoint ATMs, cash deposits at Allpoint+ ATMs or Green Dot Network retailers, integration with QuickBooks Online and Xero.
- Relay Pro: Starting at $30/business/month, includes everything in Relay plus faster, same-day ACH and free outgoing wires, auto-import bills from QuickBooks Online or Xero, review, approve, and pay all bills in one dashboard, create single- or multi-step approval rules for bill payments, consolidate payments to the same vendor into a single transaction.
- Testimonials: Users generally appreciate Relay for its comprehensive features and excellent customer service. One positive comment from Michel P states, "Do not hesitate, you need them, trust me. In a world where many financial services like to call themselves a bank, there’s RelayFi, truly standing apart." On the downside, Chuck Lu mentioned, "TERRIBLE! TERRIBLE! TERRIBLE! services. Took them 7 business days to clear initial ACH deposit to open account and the fund was indeed withdrawn very next day from originating bank." For more detailed reviews, visit Relay Financial Reviews.
8. Moss
Moss is a spend management solution designed to help companies control and optimize their spending. It offers real-time tracking of budgets, employee card management, receipt management, and month-end closing processes.
- Unique Features: Employee cards with adaptable limits and custom approval policies, effortless receipt capture via app or email integrations, real-time card spend view, automatic categorization, two-way integrations with accounting software, 4.5x ROI within 3 years, 47% increase in finance team productivity, €795 saving per employee annually, end-to-end security, privacy by design, compliance with GDPR and other regulations.
- Pricing: Moss offers a free starter plan with up to 3 users, unlimited virtual debit cards, 1 physical card per user, web and mobile app access, and standard accounting integrations. For more extensive needs, a custom package is available with modular pricing based on selected spend modules and add-ons, a single platform fee, and a variable fee based on transaction volume.
- Testimonials: Users generally appreciate Moss for its efficiency and ease of use. One positive comment from Dario Cristian Gonzalez Boeck states, "Overall, Moss has enabled us to streamline our internal accounting processes- kudos to the team for the great work they have done so far. The user interface is intuitive and easy to use 90% of the time. In addition, the CS team is fantastic- solution-oriented and fast." On the downside, Pow mentioned, "It worked really well at first...until their recent make-over update. The website layout is no longer user friendly (at least for the admin). Not only there is no option to change it back to the old Moss, the normally very responsive customer care team is nowhere to be found anymore." For more detailed reviews, visit Moss Reviews.
9. Primis Bank
Primis Bank offers business banking services that are designed to be fee-free and technologically advanced. The bank provides business checking and savings accounts with features such as no monthly fees, no overdraft fees, no minimum balance requirements, and unlimited transactions. Additionally, Primis Bank offers free cash flow analytics, 24/7 human support, and FDIC protection.
- Unique Features: No monthly fees, no overdraft fees, no minimum balance requirements, unlimited transactions, free cash flow analytics, 24/7 human support, FDIC protection, free ATM use nationwide, free incoming wires, check images, cashier's checks, refunds on originating wire fees.
- Pricing: Primis Bank emphasizes a fee-free structure for its business accounts. There are no monthly fees, no overdraft fees, and no minimum balance requirements. Additionally, all Primis check orders are discounted, providing further cost savings for businesses.
- Testimonials: Users generally appreciate Primis Bank for its innovative features and fee-free structure. One positive comment from Larry states, "Got a random text from CEO introducing himself and the Company. We talked for 20 minutes where he asked about the experience and areas for improvement. Learned a lot about the Company and the people behind it. Hate that there has been some negative feedback but my experience has been positive and I hope his outreach efforts work." On the downside, Steve mentioned, "Primis Bank is NO DOUBT the worst financial institution I’ve ever dealt with. I’ve spent hours on hold to try to reach someone, during one recent attempt after being on hold for 34 minutes they hung up! I currently have a debit card that is expiring in less than a week, was told it would arrive a week ago, and as I write this I’ve now been on hold with them for over 20 minutes! Primis bank customer service is non-existent. DO NOT USE THIS BANK…" For more detailed reviews, visit Primis Bank Reviews.
10. Vivid Business
Vivid Business offers a comprehensive financial platform for companies and freelancers, featuring fast registration, German IBANs, instant transfers, and a suite of financial tools. The platform provides free accounts with multiple IBANs, integrations with accounting software, high-interest rates on positive balances, cashback on purchases, and secure money management.
- Unique Features: Free account with up to 30 DE IBANs, integrations with accounting software, 5% p.a. interest rate on positive balance for the first 2 months, cashback on every purchase with a free VISA card for every team member, SWIFT and SEPA instant transfers, free physical and virtual cards, team access with personalized permissions, mobile and web apps for seamless account management, compliance with PCI DSS, 3D Secure, and GDPR.
- Pricing: Vivid Business offers several plans:
- Free Start: €0/month, 5% interest for the first 2 months, then 1%, up to 1% cashback, free virtual and plastic cards, €100,000 card spending limit, 1 team member, 1 account, 5 free outgoing SEPA transfers/month, 2% ATM withdrawal fee.
- Basic: €7/month, 5% interest for the first 2 months, then 2%, up to 1% cashback, free virtual and plastic cards, €100,000 card spending limit, 3 team members, 3 accounts, 100 free outgoing SEPA transfers/month, 1% ATM withdrawal fee.
- Pro: €19/month, 5% interest for the first 2 months, then 3%, up to 2% cashback, free virtual and plastic cards, €100,000 card spending limit, 10 team members, 10 accounts, 250 free outgoing SEPA transfers/month, 1% ATM withdrawal fee.
- Enterprise: €79/month, 5% interest for the first 2 months, then 3.5%, up to 4% cashback, free virtual and plastic cards, €100,000 card spending limit, 30 team members, 30 accounts, 1000 free outgoing SEPA transfers/month, 1% ATM withdrawal fee.
- Enterprise+: €249/month, 5% interest for the first 2 months, then 3.5%, up to 5% cashback, free virtual and plastic cards, €200,000 card spending limit, 50 team members, 50 accounts, 1000 free outgoing SEPA transfers/month, 1% ATM withdrawal fee.
- Testimonials: Users generally appreciate Vivid Business for its comprehensive features and ease of use. One positive comment from Dusan states, "As a newcomer in Germany, I received a personal recommendation to open my account at VIVID. It’s been the best decision ever! I haven’t regretted a single day in the past two and a half years of being a part of it. Keep up the great work, guys!" On the downside, Claus Kølle mentioned, "Vivid has terminated my account since October and they’re holding 6,700 Euros of my money! If you try to contact them they give the same copy paste response for more than two weeks now, and my money is still stuck with them. My ticket number is: 112074." For more detailed reviews, visit Vivid Money Reviews.
Which one should you go with?
In conclusion, while each of these financial platforms offers unique features and benefits tailored to various business needs, OneSafe stands out for its seamless integration of fiat and cryptocurrency transactions, exceptional customer support, and comprehensive account services. Whether you're a small business or a large enterprise, OneSafe provides a robust and user-friendly solution that simplifies complex financial tasks. While any of these options could be a good fit depending on your specific requirements, we recommend considering OneSafe if you're looking for a reliable and innovative alternative to Bunq.
