BNF Bank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
BNF Bank suits savers who want a free easy-access account in Malta and will use the same bank for loans and cards. Interest is the weak point: a headline rate of 0% sits far below rivals such as Wise at 3.29%, so the case rests on fees of €0 rather than returns.
Key facts
- Best for
- A Malta easy-access account with no fees, kept alongside a loan and a card from one bank.
- Headline rate
- 0%↗
- Rate type
- Variable↗
- Term
- 3 to 120 months↗
- Minimum deposit
- €0↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Access terms
- Deposits and withdrawals at ATM, Express Deposit Machine or any BNF Bank branch; Mastercard debit card; eBNF internet banking and mobile app↗
- Monthly fee
- €0↗
- Account kind
- Easy access↗
- Legal entity
- BNF Bank p.l.c.↗
- Headquarters
- Malta↗
- Founded
- 2008↗
- Support channels
- Phone, Chat, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- bnf.bank
Loans
Mortgages
Credit cards
- Card kind
- Credit↗
Facts checked September 26, 2026, 9 sources
Apps and profiles
- Elsewhere
Pros and cons
Pros
- No monthly account fee of €0 and no minimum deposit of €0, with easy-access access
- Deposits sit under EU DGS up to EUR 100,000, and the bank is supervised by the MFSA in Malta
- Loans for personal, secured and student and a credit card sit alongside the account
- Support covers phone, chat and help centre
Cons
- A headline rate of 0% against a site median of 3%
- A home loan carries a €600 fee
- Email is not among its support channels (phone, chat and help centre)
Who it suits
- Malta based households wanting a fee free everyday account
- Borrowers combining a current account, personal loan and card with one bank
- People paying a €600 home loan fee for a 2.7% rate
Who should look elsewhere
- Savagers chasing interest, where Wise pays 3.29% and bunq 3.01%
- Finteres users, whose headline rate runs 0% to 36%
- Anyone wanting a fixed savings term rather than a easy access account
Who runs it
BNF Bank p.l.c. (BNF Bank p.l.c.) is based in Malta (MT) and was founded in 2008. It is supervised by the Malta Financial Services Authority. Day to day banking runs through branches, ATMs, an Express Deposit Machine, eBNF internet banking and a mobile app, with a Mastercard debit card on the account. Support is offered over phone, chat and help centre.
How BNF Bank compares
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Where BNF Bank is available
- Available
- Malta
- Licence in Malta
- MFSA, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What interest does BNF Bank pay on savings?+
The listed headline rate is 0% and the rate type is variable, so the balance earns nothing while the account stays easy access. That sits well below the site median of 3% and below Wise at 3.29%. Saving here is about holding cash, not earning on it.
Are my deposits protected?+
Deposits are covered by EU DGS up to EUR 100,000, the EU deposit guarantee scheme. The bank is licensed and supervised by the Malta Financial Services Authority in Malta. The protection applies to eligible deposits held with the licensed entity, not to the value of any loan.
Is there a monthly fee or minimum balance?+
There is no monthly account fee of €0 and no minimum deposit of €0, so the account can be opened and run at no cost. The no monthly fee model means no recurring charge to monitor. Card and loan charges sit on those products instead of the account.
How do I deposit and withdraw money?+
Access terms cover deposits and withdrawals at an ATM, an Express Deposit Machine or any BNF Bank branch. You also get a debit Mastercard card for everyday spending, plus eBNF internet banking and a mobile app. Cash handling therefore depends on the bank's own machines and branches.
Can I borrow from BNF Bank as well?+
Yes. BNF Bank is a direct lender covering personal, secured and student lending over terms of 3 to 120. Home loans run for 2 at an initial rate of 2.1% and an 2.7%, with early repayment free, though a €600 fee applies on the worked example.
Does BNF Bank issue cards?+
Two card types appear: a debit Mastercard on the savings account and a credit card from the classic credit card range. The savings side runs on the mastercard network. Card charges are not listed with the account, so treat card costs as separate from the fee free current account.
How is support handled?+
Help runs through phone, chat and help centre, which covers a help centre, live chat and phone lines. That mix suits people who prefer a quick answer online, and anyone wanting written records can use the help centre. Email and a community forum are not among those support channels.
When was BNF Bank founded and where is it based?+
The legal entity is BNF Bank p.l.c., headquartered in Malta and founded in 2008. The bank operates from Malta under MFSA supervision. Products include the current account, savings account, personal loans, home loans and cards.
Sources
- thebanks.eu/banks/16341 checked September 26, 2026
Backs: Founded
“started operations in Malta in 2008”
- bnf.bank/about checked September 26, 2026
Backs: Deposit protection, Headquarters, Legal entity, Licences
“BNF Bank p.l.c. is registered in Malta (no. C 41030) with its registered office: 203 Level 2, Rue D'Argens, Gzira GZR 1368, Malta.”
- bnf.bank/personal/classic-credit-card checked September 26, 2026
Backs: Card kind
“Classic Credit Card - All you need in an everyday credit card”
- bnf.bank/personal/current-account checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Pricing model, Monthly fee, Rate type, Support channels
“Deposits & Withdrawals - Easily made at an ATM, Express Deposit Machine, or any BNF Bank branch”
- bnf.bank/personal/home-loan checked September 26, 2026
Backs: Fixed period, Free early repayment, Maximum loan to value, Purpose, Use cases
“a 2 year fixed interest rate of 2.1% and a variable rate of 2.70% p.a”
- bnf.bank/personal/personal-loan checked September 26, 2026
Backs: Lender type, Loan types, Term
“BNF Bank p.l.c. is a credit institution registered in Malta C41030, licensed by the MFSA to undertake the business of banking in terms of the Banking Act 1994”
- bnf.bank/personal/savings-account checked September 26, 2026
Backs: Card type, Card network
“Free Mastercard Contactless Debit Card”
- bnf.bank/support/articles/home-loan-worked-example checked September 26, 2026
Backs: APRC, Initial rate, Product fee
“would result in an Annual Percentage Rate of Charge (APRC) of 2.70% per annum”
- bnf.bank/support/articles/interest-rates checked September 26, 2026
Backs: Headline rate
“Deposit Accounts - Credit Interest Rates (p.a) - Current Account - Any Balance 0%”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
BNF Bank
A Malta easy-access account with no fees, kept alongside a loan and a card from one bank.