Updated September 28, 2026 · SumCue Editorial Team
J&T Direktbank vs Qonto
J&T Direktbank
Higher score in this comparison
Qonto
What sets them apart
| Compare | J&T DirektbankReviewVisitVisit | QontoReviewVisitVisit |
|---|---|---|
| Headline rate | 2.25%Higher | 1.5% |
| Access terms | Daily availability; interest paid monthly to the Tagesgeld account | 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 | Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Ceska narodni banka (CNB) | Not confirmed |
Same on both: Rate type (Variable), Minimum deposit (€0), Deposit protection (EU DGS up to EUR 100,000).
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Key differences
- J&T Direktbank scores higher overall: 9.3 vs 8.6.
- Founded is lower at J&T Direktbank: 1998 vs 2017.
- J&T Direktbank is licensed in 1 more country.
- Qonto is available in 6 more countries.
- Monthly fee is lower at J&T Direktbank: €0 vs €9.
- Headline rate is higher at J&T Direktbank: 2.25% vs 1.5%.
- Support channels: only Qonto offers Chat, Help centre.
- Pricing model: only J&T Direktbank offers No monthly fee.
- Pricing model: only Qonto offers No annual fee.
Our verdict on each
J&T Direktbank
J&T Direktbank suits savers who want euro cash parked without paying a monthly charge, and who do not need to lock the money away. Its overnight account pays 2.25% at a variable rate, with an account fee of €0 and a minimum deposit of €0.
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 | J&T Direktbank | Qonto |
|---|---|---|
| Cost | 9.5Higher | 8.4Qonto charges a monthly fee of €9, currency conversion costs 2%, and the card has an annual fee of €0. |
| Offer | 8.8Account fee of €0 and a minimum deposit of €0 are the strong side, while 2.25% trails the site median of 3%. | 9.4Higher |
| Trust | 9.4Higher | 8.4 |
Positions in our rankings
| Ranking | J&T Direktbank | Qonto |
|---|---|---|
| Savings | 19 of 1492 | 11 of 1492 |
| Savings accounts | 12 of 658 | 8 of 658 |
Every fact side by side
| Fact | J&T Direktbank | Qonto |
|---|---|---|
| Pricing model | No monthly fee | No annual fee |
| Legal entity | J&T BANKA, a.s., Zweigniederlassung Deutschland | QONTO |
| Headquarters | Czechia | France |
| Founded | 1998Lower | 2017 |
| Support channels | Email, Phone | Chat, Phone, Email, Help centreCovers more |
Credit cards
| Fact | J&T Direktbank | Qonto |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 17.5% |
| Currency conversion fee | Not confirmed | 2% |
| Rewards type | Not confirmed | None |
| Features | Not confirmed | Multi currency, Virtual card, Travel |
| 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 |
| Audience | Not confirmed | Business |
Where each stands against the rest
| Fact | J&T Direktbank | Qonto | Median |
|---|---|---|---|
| Headline rate | 2.25%below the median | 1.5%lowest quarter | 3.3% |
| Minimum deposit | €0below the median | €0below the median | €1 |
| Monthly fee | €0at the median | €9highest quarter | €0 |
Median across 710 listed providers.
Pros and cons
J&T Direktbank
Pros
- The account fee is €0 and the minimum deposit is €0, so small balances work.
- Deposits are covered by EU DGS up to EUR 100,000.
- Daily availability, with interest paid monthly on a variable rate of 2.25%.
Cons
- The rate is variable, so the 2.25% figure can fall with monetary policy.
- Support runs on email and phone only, with no branch network and no in-app chat.
- The account is a German branch of a Czech bank, J&T BANKA, a.s., Zweigniederlassung Deutschland, with a home country of CZ.
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
J&T Direktbank
Who it suits
- Euro savers who want daily access and can leave the balance in place.
- Savers who value a fee-free account, with an account fee of €0 and a minimum deposit of €0.
- Readers comfortable with a variable rate paid monthly, under supervision by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and Ceska narodni banka (CNB).
Who should look elsewhere
- bunq, which lists a minimum deposit of €10 where this account takes €0.
- CFI, whose minimum deposit of $0 is set in dollars rather than euro, for anyone saving in US currency.
- Fiesta Credito MX, supervised by CONDUSEF rather than Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and Ceska narodni banka (CNB), if you need cover in another market.
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 | J&T Direktbank | Qonto |
|---|---|---|
| Austria | No | Yes |
| Belgium | No | Yes |
| Czechia | Yes | No |
| France | No | Yes |
| Italy | No | Yes |
| Netherlands | No | Yes |
| Portugal | No | Yes |
| Spain | No | Yes |
8 of 9 countries where either is available.
Questions about each
J&T Direktbank
What does J&T Direktbank pay on its euro cash account?+
The overnight deposit pays 2.25%, and the cash interest is listed as 2.25%. The rate is variable, so it can move with monetary policy rather than being fixed for a term. Money stays available daily and interest is credited to the account monthly.
What does it cost to hold the account?+
Nothing to hold. The account fee is €0, the monthly fee is €0 and the minimum deposit is €0, so there is no balance to maintain and no charge to avoid. The only thing that matters is leaving enough in the account to earn the rate.
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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