Updated October 17, 2026 · SumCue Editorial Team
Qonto vs Upgrade OneCard™
Qonto
Upgrade OneCard™
Higher score in this comparison
Where Qonto and Upgrade OneCard™ differ
| Compare | QontoReviewVisitVisit | Upgrade OneCard™ReviewVisitVisit |
|---|---|---|
| Monthly fee | €9 | $0 |
| Currency conversion fee | 2%Lower | 3% |
| Free ATM withdrawals | €0 | $0 |
| Card network | Mastercard | Visa |
| Cashback rate | Not confirmed | 2% |
| Currencies | from 30 | Not confirmed |
Same on both: Card type (Debit).
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
- Upgrade OneCard™ scores higher overall: 9.0 vs 8.6.
- Qonto is available in 7 more countries.
- Currency conversion fee is lower at Qonto: 2% vs 3%.
- Support channels: only Qonto offers Chat.
- Features: only Qonto offers Multi currency, Virtual card, Travel.
- Features: only Upgrade OneCard™ offers Rewards.
Our verdict on each
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%.
Upgrade OneCard™
Upgrade says applying does not affect a credit score, but approval triggers a hard inquiry that may affect it.
Score breakdown
| Area | Qonto | Upgrade OneCard™ |
|---|---|---|
| Cost | 8.4Qonto charges a monthly fee of €9, currency conversion costs 2%, and the card has an annual fee of €0. | 8.8HigherAn annual fee of $0 on the credit card and a monthly fee of $0 on the checking account, against 3% for currency conversion. |
| Offer | 9.4 | 9.4 |
| Trust | 8.4 | Not confirmed |
Choosing between them
Pick Qonto if currency conversion fee matter most.
Pick Upgrade OneCard™ if cost matter most.
How they place
| Ranking | Qonto | Upgrade OneCard™ |
|---|---|---|
| Credit and debit cards | 12 of 1594 | 39 of 1594 |
| Credit cards | 3 of 421 | 14 of 421 |
| Debit cards | 10 of 826 | 28 of 826 |
Also worth a look
COCA Card has currency conversion fee at 0%, against 2% for Qonto and 3% for Upgrade OneCard™.
COCA Card reviewSources behind this comparison
Qonto
- qonto.com: 10 facts, checked September 26, 2026
- euclid.eba.europa.eu: 2 facts, checked September 26, 2026
Upgrade OneCard™
- upgrade.com: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | Qonto | Upgrade OneCard™ |
|---|---|---|
| Features | Multi currency, Virtual card, Travel | Rewards |
| Audience | Business | Not confirmed |
| Legal entity | QONTO | Upgrade, Inc. |
| Headquarters | France | United States |
| Founded | 2017 | Not confirmed |
| Support channels | Chat, Phone, Email, Help centreCovers more | Email, Phone, Help centre |
Credit cards
| Fact | Qonto | Upgrade OneCard™ |
|---|---|---|
| Annual fee | €0 | $0 |
| APR | 17.5% | Not confirmed |
| Rewards type | None | Cashback |
| Pricing model | No annual fee | No annual fee |
| Rewards rate | Not confirmed | 3% cash back on gas, groceries, streaming and monthly subscriptions, and utilities; 1% on everything else, uncapped |
| Perks | 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 | Visa Zero Liability protection, Travel and Emergency Assistance Services, Roadside Dispatch, Upgrade Shopping offers, Rewards do not expire, 24/7 fraud monitoring and real time alerts, Flexible payment options Pay Now, Pay in 4, Pay Over Time (coming soon) |
| Card kind | Credit | Credit |
Savings
| Fact | Qonto | Upgrade OneCard™ |
|---|---|---|
| Headline rate | 1.5% | Not confirmed |
| Rate type | Variable | Not confirmed |
| Minimum deposit | €0 | Not confirmed |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
| Access terms | 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 | Not confirmed |
| Account kind | Cash management | Not confirmed |
Where each stands against the rest
| Fact | Qonto | Upgrade OneCard™ | Median |
|---|---|---|---|
| Currency conversion fee | 2%above the median | 3%highest quarter | 1% |
| Cashback rate | Not confirmed | 2%at the median | 2% |
| Currencies | from 30highest quarter | Not confirmed | 8 |
Median across 336 listed providers.
Pros and cons
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%.
Upgrade OneCard™
Pros
- Age, location and repayment-capacity requirements are specified
Cons
- Approval triggers a hard inquiry that may affect the applicant’s credit score
Who each suits
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.
Upgrade OneCard™
Who it suits
- US applicants checking OneCard’s age, residency, credit inquiry and repayment criteria.
Who should look elsewhere
- Customers who want high advantages concentrated in one spending area.
- People who want extra travel benefits or premium card features.
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 | Qonto | Upgrade OneCard™ |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
| Italy | Yes | No |
| Netherlands | Yes | No |
| Portugal | Yes | No |
| Spain | Yes | No |
8 of 9 countries where either is available.
Questions about each
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%.
Upgrade OneCard™
What sets this card apart from other everyday cards?+
Many everyday cards change how they treat spending by rotating categories or adding tiers that shift from month to month. This product keeps the approach level, so general purchases follow one consistent pattern. That steadiness is its main appeal, although people who want stronger advantages in particular areas may prefer other cards for their habits.
Can the card be used in place of a debit card?+
The product combines several functions, including a debit card element alongside credit and borrowing features. Holders who prefer a debit style of spending can use that function for day to day payments. Anyone who plans to rely on it that way should check how each function is set up before committing to the arrangement.
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