Amazing Features in Banking Apps
Our selection of the most innovative app features of digital banks
Head of Fintech Research
Published: 08.11.22
Updated: 26.02.24
Published: 08.11.22
Updated: 26.02.24
Mobile Banking Apps Today
While banks were initially hesitant to develop their own apps, they are now realizing the potential of mobile banking. Mobile banking apps offer a range of features that can be extremely useful to users: instant transfers, easy deposits, payment categorization and many others. We went over what makes a mobile bank great in our selection of the best mobile banks available on the market today previously, but the features we selected for today are different. They range from useful in rare scenarios to cool enough to "wow" your friends, the only thing common is that they can all be found in the best bank apps available on the market today.
Our team assessed 19 of the most popular and successful banking apps by trying out each and every one of them, created a short-list of great app features in these and today, we're ready to present top 6 features we agreed to be the most exciting. Now, without further ado: let's see which features surprised our experts enough to be named "Most Innovative and Amazing Features of Banking Mobile Apps".
Carbon Footprint Calculator - Tomorrow Bank
Tomorrow bank's mobile app will help you calculate your carbon footprint. It takes into account your transportation, energy use, and waste production - and does so quite accurately, with calculations based on your transaction history. It even features an option of automatically offsetting your CO2 emissions - you can "go green" without even thinking about it! As we previously said in our Tomorrow bank review, this German neobank knows how to do sustainability right.
Tomorrow
Tomorrow represents the future of banking with a focus on being transparent, digital and sustainable. Instead of focusing purely on profits, the bank is instead committed to ethical investment practices and creating social equity.
90'000+
Hamburg, DE
General Information
- Deposit ProtectionUp to €100'000
- Customer SupportPhone, chat, email
- CurrenciesEUR
Bank Accounts
- Individuals Starting at €3.0
- Businesses
- Joint
- Convenience & User-friendliness
- Customer Support
- Features Available
- Value for Money
- Overall Rating
Bank Accounts for Individuals
Read our detailed reviews of personal bank accounts available at some of the world's most popular online banks, compare the plans they offer, explore their pricing and discover all the hidden fees.
Wheel of Fortune (ex- bunq Jackpot) - bunq
bunq's Wheel of Fortune feature frequently brings users pleasant surprises.
Ready to try your luck? You can now compete to win prizes from inside your banking app, every single day with no additional expenses! bunq mobile app allows you to spin the Wheel of Fortune and try your luck. You can win prizes like: bunq planting a tree on your behalf, getting a shiny new bunq metal bank card, cash prizes of €1 directly to your bank account and even the grand prize of €100!
You get a free spin every day and an additional one for funding your bank account, as well as for using your bunq bank card (and this obviously also works with a bunq metal credit card). This really takes app engagement to next level - it's not every day you see a banking app you're excited to open at least once a day.
Read more about banking with bunq in our detailed bunq review, or find out if bunq is a good choice for your business banking needs in our in-depth bunq business review.
bunq
Dutch online bank that gives you the freedom to bank like a local all over Europe. The bank's mobile apps are packed with exciting and unique features, and the fully fledged banking license bunq has ensures your money are 100% safe at all times.
5'400'000+
Amsterdam, NL
General Information
- Deposit ProtectionUp to €100'000
- Customer SupportChat, email
- CurrenciesEUR, USD, GBP + 12
Bank Accounts
- Individuals Free plan available
- Businesses Starting at €7.99
- Joint
- Convenience & User-friendliness
- Customer Support
- Features Available
- Value for Money
- Overall Rating
Multiply Your Wealth
Doesn't matter if you're just saving up for that summer vacation or if you're planning your retirement, the best time to start investing is now. Explore our curated list of the best investment platforms and apps available today at Fintech Compass. Make your money work so you don't have to.
Go Back In Time - Curve
All-in-one "smart wallet" Curve app has a feature that immediately makes this fintech worth your time. It’s a great tool when used wisely. In a nutshell, the Go Back in Time feature allows you to go back in time and change the bank card you used for a specific transaction. Paid for your flight tickets with the wrong card and missed out on some sweet air miles? Not any more. Charged a secret purchase to your and your partner's joint bank account? Reverse it immediately! For these who are not always on top of their game when it comes to micro-managing your finances, it definitely is a life-saver.
Find out more about this "all-in-one wallet and app" in Curve review by Fintech Compass experts.
Curve
Promising assistance in "taking control of your money with one card and one app" to its users, Curve quickly gained popularity in the UK. Unique product that consolidates all your cards and accounts in one place, while categorizing payments and providing cashback.
2'000'000+
London, UK
General Information
- Deposit ProtectionN/A
- Customer SupportChat, E-mail
- CurrenciesGBP or EUR
Bank Accounts
- Individuals Free plan available
- Businesses
- Joint
- Convenience & User-friendliness
- Customer Support
- Features Available
- Value for Money
- Overall Rating
Top Digital Finance Apps, Products & Software
Curated list of the best services, apps and products for business expense tracking, personal finance management and budgeting. Save money by using the best!
Read more...SmartDelay - Revolut
Hate it when your flights get delayed? Seems like people behind the Revolut mobile banking app can't stand it either! With SmartDelay, flight delays stop being an annoying factor in your travels - you might actually start enjoying them.
Not only do you get free airport lounge access, but your friends (up to 3 of them) do as well! All you need to do is input your flight details in the app and let Revolut handle the rest. Definitely a great bonus if you travel frequently.
Revolut
Europe's biggest neobank, Revolut is a pioneer of mobile-first banking. Offering a wide range of financial services and banking products, including (but not limited to!) trading stocks and crypto, Revolut is a safe option regardless of customer's country of residence.
28'000'000+
London, UK
General Information
- Deposit ProtectionUp to £85'000
- Customer SupportChat, email
- Currencies30+ currencies
Bank Accounts
- Individuals Free plan available
- Businesses Free plan available
- Joint
- Convenience & User-friendliness
- Customer Support
- Features Available
- Value for Money
- Overall Rating
Freedom of Choice - bunq
Once again, this feature belongs to the extremely innovative and high-tech neobank bunq. bunq prides themselves on giving users an interest rate on their current accounts - and it's "9x higher than the one offered at traditional banks", according to the Dutch fintech. As recent interest rate changes kicked in, this offer definitely does not stand true anymore, but you can get a free account that pays out interest every week at no cost at bunq, so it's still something!
This alone makes the bank a contender for being called one of the best banks for investments. But Freedom of Choice takes it one step further. This feature allows you to have flexibility in the way you do banking - you can (for example, if your religion frowns upon the concept).
bunq Website
bunq Review
Credit Builder - Monese
Credit Builder by UK-based neobanking superstar Monese is a niche feature which helps improve the credit score of the customer. The biggest use case is allowing young people to start building their credit to prepare them for when they actually need good standings with the banks in order to get financing for, say, a mortgage or a loan. For just £2,50 a month, you can build a great credit score in a year, and there is an option of accelerating its growth even further by getting £600 loans and repaying these monthly. Definitely a game-changer for young adults and foreigners who've just moved to the UK.
Want to learn more about banking with Monese? Read our extensive Monese review and discover all the features this neobank offers, all associated costs, its pros and cons and more.
Monese
Monese offers excellent currency exchange rates, an easy way to transfer money abroad in over 30 countries along with a great mobile app. Aimed at "digital nomads" from all over the EU, neobank offers customer support in 14 languages.
2'000'000+
London, UK
General Information
- Deposit ProtectionUp to £85'000
- Customer Support15 languages
- CurrenciesGBP, EUR, RON
Bank Accounts
- Individuals Free plan available
- Businesses Starting at €9.95
- Joint
- Convenience & User-friendliness
- Customer Support
- Features Available
- Value for Money
- Overall Rating
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Intrigued by the fintech world and looking to discover more innovative and exciting digital banks and other financial institutions? Check out our selection of the most popular investment platforms and apps and our choice of the most modern digital banks available on the market today (we also have a list of the best business banking apps for entrepreneurs, digital nomads and self-employed workers!). Want to always be in the loop about the newest additions, ground-breaking news and informative content? Follow us on social media using the links in the footer. Let's keep in touch!
