Holvi review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Holvi is built for business users rather than personal banking, and the monthly fee of €0 is what sets it apart from paid business accounts. Interest runs 1% to 1.5% on a variable basis, and money left in the account sits under EU DGS up to EUR 100,000.
Key facts
- Best for
- A business that wants multi-currency spending with no monthly charge.
- Monthly fee
- €0↗
- Card type
- Debit↗
- Card network
- Mastercard↗
- Legal entity
- Holvi Payment Services Oy↗
- Headquarters
- Finland↗
- Founded
- 2011↗
- Support channels
- Help-centre, Phone↗
- Features
- Multi-currency, Virtual card
- Audience
- Business
- Official website
- holvi.com
Savings
Pros and cons
Pros
- A monthly fee of €0, with a fee model of no monthly fee
- Features include multi-currency and virtual card use
- Deposits are covered by EU DGS up to EUR 100,000
- Support runs through help centre and phone
Cons
- Borrowed money carries an APR of 16%, and the rewards type is none
- It is aimed at a business audience, so personal spending is not the focus
Who it suits
- Sole traders and small firms that pay and receive in more than one currency
- Businesses that want a debit card without a monthly charge
- Anyone who needs help centre and phone for day-to-day account questions
Who should look elsewhere
- People who need a personal everyday account, since Holvi serves a business audience
- Reward seekers, because the rewards type is none
- Borrowers on a budget, since the APR is 16%
Rates and terms
The headline rate is 1% to 1.5%, and the rate type is variable, so the interest figure can move rather than being locked in for a term. Access terms are straightforward: you can transfer money into and out of the account at any time, and interest is calculated daily on your minimum daily balance. Borrowing on the card runs at an APR of 16%.
Who runs it
Holvi is operated by Holvi Payment Services Oy, based in Finland and founded in 2011. The company appears on the FI register for payment services under PSD_PI FI_FIN_FSA!21937564, the regulator listed as FI_FIN-FSA for that market. Support runs through help centre and phone, so you have a help centre and a phone line rather than a single channel.
How Holvi compares
8.9 vs 9.4
8.9 vs 9.0
8.9 vs 8.9
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Where Holvi is available
- Licence in Finland
- FI_FIN-FSA (PSD_PI FI_FIN_FSA!21937564), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does a Holvi account cost each month?+
The monthly fee is €0, and the pricing model is no monthly fee. In practice that means the everyday cost of keeping the account open is not a charge you have to budget for monthly.
What interest do I earn on money I leave with Holvi?+
The headline rate is 1% to 1.5% and the rate type is variable, so the rate is not fixed for a term. Interest is calculated daily on your minimum daily balance, which means the lowest balance you hold on a day is the figure that gets paid.
What kind of card does Holvi give me?+
The card is a debit card on the mastercard network, and the card kind is credit. Its features include multi-currency handling plus a virtual card, which is handy for online payments and for keeping separate pots of money.
Is my money safe with Holvi?+
Deposits are covered by EU DGS up to EUR 100,000, which is the scheme that applies to the balances you hold. The company sits in FI and is listed on the FI register under PSD_PI FI_FIN_FSA!21937564.
Who is Holvi aimed at?+
Holvi is built for business users, and the account carries a business focus rather than a personal one. The legal entity behind it is Holvi Payment Services Oy, founded in 2011.
Can I get my money out quickly?+
Access terms are easy-access: you can transfer money into and out of the account at any time, with no notice period to plan around. The account kind is easy access, so your cash is not tied up for a fixed term.
How do I get help from Holvi?+
Support runs through help centre and phone, giving you both a help centre for written questions and a phone line for anything urgent. That mix is useful for a business account where a payment issue cannot wait.
What happens if I borrow on the Holvi card?+
The card is a credit card, and borrowing costs an APR of 16%, so the cost of credit is worth weighing before you lean on it. Spending itself earns no reward, since the rewards type is none.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“EntityCode=FI_FIN_FSA!21937564; EntityType=PSD_PI; ENT_NAM=Holvi Payment Services Oy”
- holvi.com checked September 26, 2026
Backs: Audience, Card type, Features, Card network
“Home for your business finances. The company serves both solopreneurs and teams across Europe.”
- play.google.com/store/apps/details checked September 26, 2026
Backs: Founded
“Holvi was founded in Helsinki in 2011, by entrepreneurs for entrepreneurs”
- support.holvi.com/hc/en-gb checked September 26, 2026
Backs: Support channels
“Help Centre available”
- holvi.com checked September 26, 2026
Backs: APR, Card kind, Rewards type
“Holvi charges interest at a rate of 16% on outstanding balances”
- holvi.com checked September 26, 2026
Backs: Deposit protection
- holvi.com/fi-en/pricing checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Pricing model, Monthly fee, Rate type
“You can transfer money into and out of your account at any time. Interest is calculated daily based on the minimum balance in the account.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.