Launched in 2015, Bunq is one of the first mobile dutch bank. Bunq offers personal and business accounts guarantee up to €100,000 in deposits.
They present themselves as the “Bank of The Free”. As other mobile bank, they removes borders and barriers in traditional banking as branches queues and paperwork. You get access to you account exclusively with your mobile device and pay with your worldwide Mastercard.
With the travel offering, you have a global coverage with no foreign exchange fees and can get cash for only 0.99€ per withdrawal. For only 9.99€ without monthly fee, you get a credit card without overdraft with which you can use it with some hotel, rental car companies or gas stations which don’t accept prepaid card. This card can save you up 3% to 5% on your next trip abroad. Finally, Bunq developed a travel assistant to help you out at your destination about managing your money. Get nice tips & tricks about the destination right in your bunq app.