Updated September 28, 2026 · SumCue Editorial Team
Airwallex vs Qonto_AT
Airwallex
Higher score in this comparison
Qonto_AT
What sets them apart
| Compare | AirwallexReviewVisitVisit | Qonto_ATReviewVisitVisit |
|---|---|---|
| Monthly fee | £0 | €9 |
| Currency conversion fee | 0.5%Lower | 2% |
| Card network | Visa | Mastercard |
| Currencies | 20 | from 30 |
| Free ATM withdrawals | Not confirmed | €0 |
| Cashback rate | 2% | Not confirmed |
Same on both: Card type (Debit).
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Key differences
- Airwallex scores higher overall: 9.0 vs 8.8.
- Founded is lower at Airwallex: 2015 vs 2017.
- Airwallex is licensed in 1 more country.
- Airwallex is available in 9 more countries.
- Currency conversion fee is lower at Airwallex: 0.5% vs 2%.
- Support channels: only Qonto_AT offers Email.
Our verdict on each
Airwallex
Airwallex suits businesses that collect and pay in several currencies and want a card on the same balance. The account is a easy access one with a monthly fee of £0, and spare cash earns 2.18% to 3.83% while a debit card handles day to day spend.
Qonto_AT
Qonto suits business account holders who want a single card for everyday spending and short term credit, with an annual fee of €0 on the card. The account adds a monthly fee of €9 and a currency conversion charge of 2%.
Score breakdown
| Area | Airwallex | Qonto_AT |
|---|---|---|
| Cost | 9.2HigherA monthly fee of £0 leads the field, but the conversion fee of 0.5% sits well above Wise. | 9.1The card has an annual fee of €0, though the account adds €9 a month and currency conversion costs 2%. |
| Offer | 9.4HigherCovers 20 currencies with a yield rate of 2.18% to 3.83% and help centre, phone and chat support. | 9.3 |
| Trust | 8.5Higher | 8.3 |
Where each is licensed and available
| Country | Airwallex | Qonto_AT |
|---|---|---|
| France | Not confirmed | FR_ACPR PSD_PI FR_ACPR!68677 |
| Netherlands | De Nederlandsche Bank (DNB) R179622 | Not confirmed |
| Singapore | Monetary Authority of Singapore (MAS) PS20200541 | Not confirmed |
Available in 4 countries for both. Additional countries for Airwallex: 13. Additional countries for Qonto_AT: 4.
Where they rank in our lists
| Ranking | Airwallex | Qonto_AT |
|---|---|---|
| Credit and debit cards | 6 of 1594 | 11 of 1594 |
| Debit cards | 4 of 826 | 9 of 826 |
A third option
COCA Card has currency conversion fee at 0%, against 0.5% for Airwallex and 2% for Qonto_AT.
COCA Card reviewWhere these facts come from
Airwallex
- airwallex.com: 7 facts, checked September 26, 2026
- play.google.com: 2 facts, checked September 26, 2026
- recordowl.com: 1 fact, checked September 26, 2026
- sgpbusiness.com: 1 fact, checked September 26, 2026
- transferfees.io: 1 fact, checked September 26, 2026
Qonto_AT
- qonto.com: 10 facts, checked September 26, 2026
- euclid.eba.europa.eu: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | Airwallex | Qonto_AT |
|---|---|---|
| Features | Multi currency, Virtual card, Travel | Multi currency, Virtual card, Travel |
| Audience | Business | Business |
| Legal entity | Airwallex (Singapore) Pte. Ltd. | QONTO |
| Headquarters | Singapore | France |
| Founded | 2015Lower | 2017 |
| Support channels | Help centre, Phone, Chat | Chat, Email, Phone, Help centreCovers more |
Savings
| Fact | Airwallex | Qonto_AT |
|---|---|---|
| Headline rate | 2.18% to 3.83% | Not confirmed |
| Rate type | Variable | Not confirmed |
| Minimum deposit | HK$0 | Not confirmed |
| Deposit protection | FSCS up to GBP 85,000 | Not confirmed |
| Pricing model | Not confirmed | No annual fee |
| Access terms | Airwallex Yield: no lock-up, no minimum balance, daily returns, funds settle to and from Yield balances within 2 business days | Not confirmed |
| Account kind | Easy access | Not confirmed |
Credit cards
| Fact | Airwallex | Qonto_AT |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 17.5% |
| Rewards type | Not confirmed | None |
| Perks | Not confirmed | Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost, Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans), Apple Pay and Google Pay compatible, 24/7 support in France, 7 days a week elsewhere |
| Card kind | Not confirmed | Credit |
Where each stands against the rest
| Fact | Airwallex | Qonto_AT | Median |
|---|---|---|---|
| Currency conversion fee | 0.5%below the median | 2%above the median | 1% |
| Free ATM withdrawals | Not confirmed | €0below the median | €4 |
| Cashback rate | 2%at the median | Not confirmed | 2% |
| Currencies | 20above the median | from 30highest quarter | 8 |
Median across 336 listed providers.
Pros and cons
Airwallex
Pros
- A monthly fee of £0 on the business account, with a conversion fee of 0.5% on currency changes.
- The yield balance is easy access, takes a minimum deposit of HKD 0 and pays 2.18% to 3.83% on a variable rate.
- A debit card on the visa network, plus virtual cards, with access to 20 currencies.
Cons
- The conversion fee of 0.5% is well above Wise at 0.1%, which puts Airwallex at 116 of 258 on that measure.
- The account is for business users, so personal savers have no product to open.
- Money settles to and from the yield balance within a short settlement window, which can hold up a same-day supplier payment.
Qonto_AT
Pros
- The card itself has an annual fee of €0.
- Currency conversion costs 2%, and the account covers from 30 currencies.
- Card insurance is included for travel, business purchases and fraud, plus a deferred debit option on Plus and X Cards.
Cons
- The account charges a monthly fee of €9.
- Nothing comes back on everyday spend, since the rewards type is none.
- Cash machine use starts from a free allowance of €0.
Who each suits
Airwallex
Who it suits
- Companies paid in several currencies, since the account holds 20.
- Firms that want a debit card and virtual cards for staff spending and subscriptions.
- Businesses parking spare cash in a easy access yield balance paying 2.18% to 3.83%.
Who should look elsewhere
- Anyone whose main spend is currency conversion, because Wise charges 0.1% against 0.5% here.
- Personal savers, since the account is for business use and bunq offers a personal plan at €0 a month.
- Borrowers rather than spenders, since Varo Believe Secured Credit Card is a credit card with a monthly fee of $0.
Qonto_AT
Who it suits
- Business owners and sole traders who pay suppliers in several currencies.
- Anyone who wants virtual cards and a Mastercard for travel spending.
- Teams that want card insurance included and support across chat, email and phone.
Who should look elsewhere
- Anyone after a personal rather than a business account: Qonto serves a business audience, while Starling Personal Account Debit Card is a personal account card with an annual fee of £0.
- Borrowing customers who want a secured card: Varo Believe Secured Credit Card charges an annual fee of $0, and the Qonto overdraft rate is 17.5%.
Current offers
Qonto_AT
Current offer
Free trial
1-month free trial on Qonto business account plans: 1 month free
Offered on the Basic, Smart and Premium business account plans; displayed prices are monthly equivalents billed annually
Source, checked September 26, 2026
Country by country
| Country | Airwallex | Qonto_AT |
|---|---|---|
| Australia | Yes | No |
| Austria | No | Yes |
| Belgium | No | Yes |
| Canada | Yes | No |
| China | Yes | No |
| Hong Kong | Yes | No |
| Israel | Yes | No |
| Italy | No | Yes |
8 of 21 countries where either is available.
Questions about each
Airwallex
What does it cost to keep an Airwallex account?+
The business account carries a monthly fee of £0. Converting money costs 0.5%, which is the main charge to watch, and card spending earns cashback of 2%. The yield balance takes a minimum deposit of HKD 0.
Is my money protected?+
Deposit protection is FSCS up to GBP 85,000. The group also appears on the registers of the Monetary Authority of Singapore and De Nederlandsche Bank, and the legal entity named in the records is Airwallex (Singapore) Pte. Ltd..
Qonto_AT
What does the Qonto card cost to keep?+
The card itself has an annual fee of €0, on a no annual fee card model. The account around it costs a monthly fee of €9. Cash machine use comes with a free allowance of €0, so plan around that if staff withdraw often.
What rate applies if I use the overdraft?+
The overdraft is priced at an APR of 17.5%, which is the number to weigh if you expect to dip below your balance. That is above what most cards on this list charge, at 15.5%, so short dips cost less than carrying a balance for months.