bunq Easy Bank vs Qonto Basic

Comparing two business banking plans from top challenger banks

Ian McKenzie

Review by Ian McKenzie 

Head of Fintech Research

Contact author

Published: 06.12.22  

Updated: 18.02.24

Published: 06.12.22

Updated: 18.02.24

Choosing between bunq Easy Bank Business and Qonto Basic? The comparison below contains the results of our experts' investigation into these two plans, their benefits and terms. Below you will find a brief introduction for both of the banks, after which you can explore our comparison table listing all the key information on fees and products available for both of the options. A brief summary along with a list of pros and cons and our verdict can be found at the end of this page.

This comparison is a challenging one - the approach these banks have to modern-day business banking is wildly different. bunq's Easy Bank is a powerhouse containing an abundance of amazing and useful features. It comes with an Open API, stylish bank cards and rapidly evolving and almost experimental mobile apps. Qonto Basic has a different and maybe slightly less ambitious goal in mind: delivering everything the customer expects with a "smart casual" presentation.

What is also important is that both subscriptions are provided by fully-licensed and heavily-audited financial institutions overseen by two of EU's strictest regulators (Dutch National Bank and Banque de France). Thus, you should not have any concerns about these banks being "legit" or trustworthy enough - they're just as reliable and safe as any of the "big banks" in these countries. Plus, both of them offer a free 30-days "no-strings-attached" trial, which gives you an option of getting "hands on" experience with each of them, at no cost at all!

Quickly jump to:
bunq Easy Bank Business Star icon Qonto Basic
Comparison Table Star icon Pros & Cons Star icon Our Verdict
Qonto vs bunq for business banking - our comparison.

bunq Easy Bank Business

General Information

  • Deposit ProtectionUp to €100'000
  • Customer SupportChat, email
  • CurrenciesEUR, USD, GBP + 12

Bank Accounts

  • Individuals Free plan available
  • Businesses Starting at €6.99
  • Jointyes
  • Convenience & User-friendlinessStarStarStarStarStarStarStarStar half-fullStar emptyStar empty
  • Customer SupportStarStarStarStarStarStarStarStar emptyStar emptyStar empty
  • Features AvailableStarStarStarStarStarStarStarStarStarStar half-full
  • Value for MoneyStarStarStarStarStarStarStarStarStarStar half-full
  • Overall RatingStarStarStarStarStarStarStarStarStar half-fullStar empty
bunq's baseline plan, Easy Bank, is an inexpensive option that gives a good impression of what the Dutch neobank is. Significantly less powerful than the higher-tier plans, Easy Bank is still a solid product that has an impressive array of niche features while performing very well in day-to-day banking, with high acceptance rate on cards all over the world and world-class security tech.

Qonto Basic

General Information

  • Deposit ProtectionUp to €100'000
  • Customer SupportPhone, chat, email
  • CurrenciesEUR

Bank Accounts

  • Individualsno
  • Businesses Starting at €9.0
  • Jointno
  • Convenience & User-friendlinessStarStarStarStarStarStarStarStarStar half-fullStar empty
  • Customer SupportStarStarStarStarStarStarStarStar half-fullStar emptyStar empty
  • Features AvailableStarStarStarStarStarStarStarStar half-fullStar emptyStar empty
  • Value for MoneyStarStarStarStarStarStarStarStarStarStar half-full
  • Overall RatingStarStarStarStarStarStarStarStarStar half-fullStar empty
Qonto Basic is aimed at self-employed workers and digital entrepreneurs. As Qonto's entry-level plan, Basic is a solid collection of essentials for managing your activity as a self-employed worker. With rich localization options and business-first focus of Qonto, Basic is a modern and secure way to solve your business banking needs at a very reasonable price point.

Bank Accounts for Businesses

Time is money if you're a business owner, franchisee or a freelancer. Discover modern mobile-first bank accounts for companies of any scale and explore unique features and products built for digital-native business owners.

Business banking on mobile.

Comparison table

There are quite a few considerations to keep in mind when choosing, so make sure to identify what deal-breakers there are for you personally. In order to assist you in this assessment, we provide a side-by-side breakdown of features and fees between bunq Easy Bank Business and Qonto Basic in a comparison table below.

bunq logo
Easy Bank Business
Qonto logo
Basic
Price, per month € 6.99 € 9.00
CommitmentCancel monthlyCancel monthly
Sign-up bonus 30 days free 30 days free trial
Official website bunq.com qonto.com
Accounts
IBANsNL, DE, FR, ES, IEFR, IT, DE, ES
Sub-accounts included11
Shared accounts Includes 1 additional shared account
Employee accounts ✔️
Mobile Payments
Apple Pay✔️✔️
Google Pay✔️✔️
Samsung Pay
Cards
Cards available Mastercard Mastercard
Cards included 1 1
Maestro/VPay✔️
Debit cards✔️✔️
Credit cards✔️
Virtual cards✔️✔️
Extra card fee € 3.49 p/m € 2.00 p/m
Replacement fee € 9.99 € 10.00
Free replacements--
Metal card
Wooden cards
Payment Methods
iDeal✔️
SOFORT✔️
Bancontact✔️
Various Fees
SWIFT (receive) € 5.00 € 5.00
Foreign exchange fee 2.00% 0.80%
Currency fee-free limit - -
ATM Withdrawals
Daily limit € 1000 € 1000
Free withdrawals, per month - -
After that, per withdrawal € 0.99 € 1.00
Withdrawal fee abroad € 2.99 € 1.00
Interest Rate
Current accounts
Savings accounts None%
Transaction & Deposit Limits
Deposit limit- € 60,000
Deposit Protection Up to €100'000 Up to €100'000
Monthly spend limit- € 20,000
Other financial products
Overdraft
Investments in-app
Crypto trading
Cheques Up to €30,000
Cashback
Insurance
Lounge access
Transaction categorization ✔️
Purchase protection
Round-up savings
Budgeting features
Deals & Discounts ✔️
Other benefits Director access, Wise Cash flow dashboard
Learn more bunq.com qonto.com

Qonto & bunq: Pros & Cons

The detailed breakdown of dozens of terms and complex fee structures can get overwhelming - to avoid that, here are some of the key benefits and disadvantages of both bunq and Qonto's propositions.

bunq Easy Bank Business

Qonto Basic

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Our Verdict: bunq Easy Bank Business or Qonto Basic?

Our verdict is twofold. While bunq Easy Bank Business subscription is priced at almost half of what Qonto Basic costs, has a lot less limits (transactions, deposits and withdrawals) and would most likely end up significantly cheaper than the opponent after accounting for all additional fees Qonto has, the comparison is not as one-sided.

Qonto's entry-level plan could still come out ahead - for example, if your company plans on receiving cheque payments or in case you value having an option of calling customer support by phone. Besides, Qonto feels like a more polished experience compared to bunq which is a more powerful banking product potentially, yet the user experience is rough around the edges.

Either way, our verdict stays the same - thanks to free 30 days of trial without any commitments available at both banks, there really is no excuse to not try both!

So what are you waiting for?

Choose bunq Easy Bank Business if...

Plus sign

You are a freelancer or a digital nomad

Plus sign

You sometimes deal with multiple currencies

Plus sign

You want to automate the boring admin side of your business

Pick Qonto Basic if...

Plus sign

You want to create a company in France

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You can't imagine using a bank you can't call

If you found any of these plans to be a good fit for your specific banking needs, you will find links to their official websites or apps below. By signing up via links on our website, you support us in our mission of making finance easy and accessible to everyone.

⚠️ We advise you to keep in mind that the information on pricing, specific billing details, contract terms and availability of products in various markets is subject to change and can appear different from the one provided in this article. Our goal is to keep the information in this comparison as fresh and factually correct as possible, but we do not claim that it is 100% accurate at all times. As such, we advise you to treat the information provided on this website as indicative and urge you to always check the banks' official websites for actual conditions prior to signing up. ⚠️

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