Updated September 28, 2026 · SumCue Editorial Team
bunq Spain vs Qonto
bunq Spain
Higher score in this comparison
Qonto
bunq Spain vs Qonto: the differences
| Compare | bunq SpainReviewVisitVisit | QontoReviewVisitVisit |
|---|---|---|
| Headline rate | 3.01%Higher | 1.5% |
| Minimum deposit | €10 | €0Lower |
| Access terms | Withdraw any amount free up to 2 times a month, rising to 3 free monthly withdrawals after 12 months; interest paid weekly | Instant access to the money, no notice period; remuneration activated in the app, calculated daily on the total balance and paid on the 2nd of each month; requires at least 5 eligible payment transactions of at least 1 EUR per month |
| Monthly fee | €0Lower | €9 |
| Account kind | Easy access | Cash management |
| Regulators | De Nederlandsche Bank, SIPC | Not confirmed |
Same on both: Rate type (Variable), Deposit protection (EU DGS up to EUR 100,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- bunq Spain scores higher overall: 9.0 vs 8.6.
- Founded is lower at bunq Spain: 2012 vs 2017.
- bunq Spain is licensed in 6 more countries.
- Qonto is available in 1 more country.
- Minimum deposit is lower at Qonto: €0 vs €10.
- Monthly fee is lower at bunq Spain: €0 vs €9.
- Headline rate is higher at bunq Spain: 3.01% vs 1.5%.
- Support channels: only Qonto offers Phone.
- Pricing model: only bunq Spain offers No monthly fee.
- Pricing model: only Qonto offers No annual fee.
Our verdict on each
bunq Spain
bunq Spain is an app-led easy-access saver for people who want savings, card and markets in a single app, with no monthly charge and a variable rate of 3.01%. It suits students and multi-currency spenders, and less suited to anyone shopping only on the highest advertised rate.
Qonto
Qonto suits businesses that want a low-cost Mastercard debit card with included card insurance and account remuneration. It is less suitable for frequent cash withdrawals or overseas spending, because free ATM withdrawals are €0 and currency conversion costs 2%.
Score breakdown
| Area | bunq Spain | Qonto |
|---|---|---|
| Cost | 8.8HigherA monthly fee of €0 and an opening deposit of €10 mean there is no charge to sit on the balance. | 8.4Qonto charges a monthly fee of €9, currency conversion costs 2%, and the card has an annual fee of €0. |
| Offer | 9.1A variable 3.01% on easy-access money, plus multi currency, crypto and virtual card covering crypto, cards and travel in the same app. | 9.4Higher |
| Trust | 9.2Higher | 8.4 |
Positions in our rankings
| Ranking | bunq Spain | Qonto |
|---|---|---|
| Savings | 9 of 1492 | 11 of 1492 |
| Savings accounts | 6 of 658 | 8 of 658 |
| Credit and debit cards | 7 of 1594 | 12 of 1594 |
| Debit cards | 5 of 826 | 10 of 826 |
What it costs in practice
10,000 saved for 12 months
bunq Spain
€301
3.01% of 10,000 - 12 × €0
Qonto
€42
1.5% of 10,000 - 12 × €9
bunq Spain comes out €259 ahead.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
What we checked
bunq Spain
- bunq.com: 7 facts, checked September 26, 2026
- help.bunq.com: 4 facts, checked September 26, 2026
- dnb.nl: 1 fact, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
Qonto
- qonto.com: 10 facts, checked September 26, 2026
- euclid.eba.europa.eu: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | bunq Spain | Qonto |
|---|---|---|
| Pricing model | No monthly fee | No annual fee |
| Legal entity | bunq B.V. | QONTO |
| Headquarters | Netherlands | France |
| Founded | 2012Lower | 2017 |
| Support channels | Email, Chat, Help centre | Chat, Phone, Email, Help centreCovers more |
Brokers
| Fact | bunq Spain | Qonto |
|---|---|---|
| Markets | Stocks, ETFs, Crypto | Not confirmed |
| Investor protection | EU ICS up to EUR 20,000 | Not confirmed |
| Features | Multi currency, Crypto, Virtual card, TravelCovers more | Multi currency, Virtual card, Travel |
| Audience | Student | Business |
| Currency conversion fee | 0.5% to 3%Lower | 2% |
| Platforms | Bunq app | Not confirmed |
Debit cards
| Fact | bunq Spain | Qonto |
|---|---|---|
| Free ATM withdrawals | Not confirmed | €0 |
| Card type | Debit | Debit |
| Card network | Mastercard | Mastercard |
| Currencies | 8 | from 30 |
Credit cards
| Fact | bunq Spain | Qonto |
|---|---|---|
| Annual fee | €0 | €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 | Credit | Credit |
Crypto exchanges
| Fact | bunq Spain | Qonto |
|---|---|---|
| Taker fee | 0.25% to 1.99% | Not confirmed |
| Coins listed | from 350 | Not confirmed |
| Maker fee | 0.25% to 1.99% | Not confirmed |
| Exchange type | Cex | Not confirmed |
Personal insurance
| Fact | bunq Spain | Qonto |
|---|---|---|
| Premium from | €0 | Not confirmed |
| Monthly payments | Yes | Not confirmed |
Where each stands against the rest
| Fact | bunq Spain | Qonto | Median |
|---|---|---|---|
| Headline rate | 3.01%below the median | 1.5%lowest quarter | 3.3% |
| Minimum deposit | €10above the median | €0below the median | €1 |
| Monthly fee | €0at the median | €9highest quarter | €0 |
Median across 710 listed providers.
Pros and cons
bunq Spain
Pros
- A monthly fee of €0 and an annual fee of €0, so an easy-access balance can stay open without a charge.
- multi currency, crypto and virtual card puts multi-currency, crypto, a virtual card and travel features in the same app as the savings balance.
- Deposits sit under EU DGS up to EUR 100,000 and the Spanish account is supervised by Banco de España.
Cons
- The variable 3.01% sits below Starling Personal Account Debit Card at 4%, so the rate is not the reason to open it.
- Support runs on email, chat and help centre only, with no phone line, while 74.4% covers a large share of the savings market.
- The opening deposit of €10 sits above the €0.88 median minimum across savings accounts, which puts a floor under the first transfer.
Qonto
Pros
- The Mastercard debit card has an annual fee of €0.
- Card insurance for travel, business purchases and fraud is included through Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
- Eligible Smart and Premium plans can receive account remuneration under the terms in Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
Cons
- Qonto charges a monthly fee of €9, while bunq lists a monthly fee of €0.
- Free ATM withdrawals are €0, which may be costly for a business that regularly uses cash machines.
- The currency conversion fee of 2% is above the site median of 1%.
Who each suits
bunq Spain
Who it suits
- Students and younger savers: student points at student accounts, and an app-led model suits building a balance as a habit.
- Savers who want spending and saving in one place: stocks, etfs and crypto covers stocks, ETFs and crypto, with multi currency, crypto and virtual card adding cards and travel perks.
- Households that spend across currencies, with 8 currencies supported and a conversion fee of 0.5% to 3%.
Who should look elsewhere
- Savers chasing the highest easy-access rate: Starling Personal Account Debit Card pays 4% against 3.01% here.
- Readers tempted by a far bigger advertised figure: Finteres quotes 0% to 36%, a much wider spread to shop around in.
- Anyone who wants a phone line rather than app support, since email, chat and help centre covers the help centre, email and chat only.
Qonto
Who it suits
- Businesses that regularly use a Mastercard debit card for travel or business purchases.
- Smart and Premium plan customers who meet the remuneration terms in Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
- Users who want chat, phone, email and help-centre support through chat, phone and email.
Who should look elsewhere
- Businesses focused on low cost that may prefer bunq, whose monthly fee is €0.
- Frequent overseas spenders who prefer Wise and want to compare its fee with Qonto's 2%.
- Cash-heavy businesses that want free ATM withdrawals, because Qonto offers €0.
Current offers
Qonto
Current offer
Free trial
1-month free trial on all Qonto plans: 1 month free
Shown on Basic, Smart, Premium, Essential, Business and Enterprise plan cards on the pricing page.
Source, checked September 26, 2026
First period offer
Remunerated account: 5% AER for 2 months, then 1.5% AER: 5% AER for 2 months, then 1.5% AER
Smart and Premium plans; requires at least 5 eligible transactions per month; remunerated balance cap EUR 50,000 (Smart) or EUR 100,000 (Premium).
Source, checked September 26, 2026
Country by country
| Country | bunq Spain | Qonto |
|---|---|---|
| Austria | No | Yes |
| Ireland | Yes | No |
| Portugal | No | Yes |
| Belgium | Yes | Yes |
| France | Yes | Yes |
| Germany | Yes | Yes |
| Italy | Yes | Yes |
| Netherlands | Yes | Yes |
8 of 9 countries where either is available.
Questions about each
bunq Spain
Is the interest rate fixed, or can it change?+
The rate is variable, so it can move with the provider rather than being locked to a term. It currently reads 3.01%, a shade above the 3% median across savings accounts. Anyone planning around a guaranteed figure for a set period should look elsewhere, because this account trades that certainty for easy access.
Is my money protected if the provider fails?+
Deposits sit under EU DGS up to EUR 100,000, and the Spanish operation is supervised by Banco de España. Read the figure as a ceiling rather than a target: any balance held above the stated amount has no cover from the scheme. Holding a workable amount elsewhere covers the rest without changing how this account works.
Qonto
What does Qonto charge each month?+
Qonto's account fee is €9. The Mastercard debit card itself has an annual fee of €0. The card also offers a deferred debit option on Plus and X Cards at no extra cost under Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
What does Qonto charge for currency conversion?+
Currency conversions cost 2%. This matters for business travel or purchases made outside the account's working currency. Qonto supports multi-currency features, but the conversion charge remains 2%.
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