Revolut Grow
vs bunq Easy Money

Comparison table, pros & cons, overview of fees

August 15, 2022


Deciding between Revolut Grow and bunq Easy Money? In this article, we provide a detailed comparison of these bank accounts, their prices and terms. Firstly, we will provide a quick summary and key information about the two banks, followed by a side-by-side comparison table of products available, benefits and fees of both accounts. A brief summary along with a list of pros and cons and our verdict can be found at the end of this page.

Today, we will be comparing two mid-tier business bank accounts from leading European digital banks, Revolut and bunq. Occupying an SME niche with these plans, both of the banks provide an impressive range of features and banking products that are bound to satisfy all of the banking needs a small-scale company would have. With Revolut being a more "traditional" choice while bunq is seen as an up-and-coming challenger, both provide great value and a huge array of time-saving options that are sure to make banking for your company easier. Find out if one of these is a perfect fit for your banking needs in our comparison below.

Are you looking to take your business banking needs to a new bank? Make sure to visit our comparisons and reviews of top digital banks for companies and freelancers.


Revolut - Grow

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.

HQ: London, UK
Founded in: 2,015
Users: 18'000'000+
Deposit protection: Up to £85'000
Website: revolut.com
Personal plans: ✔️
Free personal plan available
 
Business plans: ✔️
Free business plan available
Currencies: 30+ currencies
Shared accounts:
Student accounts:
Support: Chat, email
Sign-up bonus: Save 20% paying annually
HQ: London, UK
Founded in: 2,015
Users: 18'000'000+
Deposit protection: Up to £85'000
Support: Chat, email
Sign-up bonus: Save 20% paying annually
Website: revolut.com
Personal plans: ✔️
Free personal plan available
Business plans: ✔️
Free business plan available
Shared accounts:
Student accounts:
Currencies: 30+ currencies

Grow is the entry-tier Business plan from Revolut. Notable upgrades to your experience are free metal card, allowances for (international) payments, FX exchange as well as more advanced features such as bulk payments and business API. Another addition that could come in handy is the priority 24/7 support. This plan suits growing business that start to have somewhat more sophisticated business banking needs.


bunq - Easy Money

bunq

An up-and-coming Dutch neobank that focuses on ethical investment options, giving their users an option to choose how their money get invested. bunq also planted over 2 million trees as part of their green initiative. Powerful Open API and colorful cards - what's not to like?

HQ: Amsterdam, NL
Founded in: 2,015
Users: 5'400'000+
Deposit protection: Up to €100'000
Website: bunq.com
Personal plans: ✔️
Starting at €2.99 per month
 
Business plans: ✔️
Starting at €4.99 per month
Currencies: EUR, USD, GBP, BGN, PLN + 10
Shared accounts: ✔️
Student accounts:
Support: Chat, email
Sign-up bonus: 30 days free trial
HQ: Amsterdam, NL
Founded in: 2,015
Users: 5'400'000+
Deposit protection: Up to €100'000
Support: Chat, email
Sign-up bonus: 30 days free trial
Website: bunq.com
Personal plans: ✔️
Starting at €2.99 per month
Business plans: ✔️
Starting at €4.99 per month
Shared accounts: ✔️
Student accounts:
Currencies: EUR, USD, GBP, BGN, PLN + 10

Easy Money is a plan that allows you to bank like a local all over EU. With IBANs from multiple European countries and an array of various cards with global acceptance included in subscription, bunq's Premium-tier plan is a great choice for hassle-free banking. This plan will not only cover your day-to-day needs, but also provide a few "wow" features that will make you excited to be banking at bunq!


Features & Prices: 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. To assist you in that assessment, we provide a side-by-side comparison of various features, products available and fees applicable between Revolut Grow and bunq Easy Money in a table below.

Revolut logo
Grow
bunq logo
Easy Money
Price, per month € 25.00 € 8.99
Commitment Cancel monthly Cancel monthly
Sign-up bonus Save 20% paying annually 30 days free trial
Official website revolut.com bunq.com
Accounts
IBANs LT, UK NL, DE, FR, ES
Sub-accounts included 1 25
Shared accounts Up to 10 people
Employee accounts ✔️ ✔️
Mobile Payments
Apple Pay ✔️ ✔️
Google Pay ✔️ ✔️
Samsung Pay
Others Garmin Pay, Fitbit Pay -
Cards
Cards available Visa Mastercard
Cards included 3 3
Maestro/VPay ✔️ ✔️
Debit cards ✔️ ✔️
Credit cards ✔️
Virtual cards ✔️ ✔️
Extra card fee - € 3.49 p/m
Replacement fee - € 9.99
Free replacements - 1 per year
Metal card ✔️ ✔️
Wooden cards
Payment Methods
iDeal ✔️ ✔️
SOFORT ✔️ ✔️
Bancontact ✔️
Various Fees
SWIFT (receive) € 3.00 € 5.00
Foreign exchange fee 0.40% 0.50%
Currency fee-free limit up to € 10,000 per month -
ATM Withdrawals
Daily limit € 3,000 € 500
Free withdrawals, per month - 4 times
After that, per withdrawal € 2.99
Withdrawal fee abroad € 2.99
Interest Rate
Current accounts 0.0% 0.09%
Savings accounts 0.0% 0.09%
Transaction & Deposit Limits
Deposit limit - -
Deposit Protection Up to £85'000 Up to €100'000
Monthly spend limit - -
Other financial products
Overdraft
Investments in-app ✔️
Crypto trading
Cheques
Cashback
Insurance
Lounge access
Transaction categorization ✔️ ✔️
Purchase protection
Round-up savings ✔️ ✔️
Budgeting features ✔️ ✔️
Deals & Discounts ✔️ ✔️
Other benefits Business API Dual PIN, Auto-invest
Learn more revolut.com bunq.com

Pros & Cons:

The comparison of dozens of terms and complex fee structures we provided below can get overwhelming - to help you digest that, we will provide some of the key benefits and disadvantages of both Revolut and bunq's propositions below.

Revolut Grow

  • Plus sign   Sizable allowances for local and international payments, as well as foreign exchange.
  • Plus sign   Includes priority 24/7 support, making the wait shorter to get support on any banking questions.
  • Plus sign   Includes advanced features such as payment approval, bulk payments and business API.
  • Minus sign  The monthly plan cost is relatively high comparing to some competitors.
  • Minus sign  Only 10 free international payments is included per month, which might not work for businesses with high volume transactions.
  • Minus sign  Only 1 free metal card is included in the plan, additional metal card comes with a high fee.

bunq Easy Money

  • Plus sign   Works wherever you go: local IBANs in 4 European countries and an array of currencies are available for Easy Money users.
  • Plus sign   25 sub-accounts, each with an individual IBAN, combined with automated payment categorization and sorting make budgeting a breeze.
  • Plus sign   Joint accounts for saving and spending with up to 10 people included for free.
  • Minus sign  Low ATM limits - you can only withdraw €500 a day, and that limit can not be changed.
  • Minus sign  No purchase protection, flight cancellation nor travel insurance.
  • Minus sign  Slightly confusing app UI - takes a while to get used to how certain actions are performed.

Summary: bunq Easy Money or Revolut Grow?

In conclusion, the choice is not as straightforward. While bunq offers a cheaper overall package, Revolut aims to deliver superior value to a business that employs 10+ people and has a dedicated accountant and can fully utilize the payroll features and expense management solutions provided. Overall, we can safely say that the choice comes down to business owner's personal preference and none of the two options would leave you dissatisfied. Since bunq provides a free 30-day "no strings attached" trial for every subscription offered, it is then advised to try that option first to see if it is a fit for your needs before deciding between the two subscriptions. If any of the two banks sparked your interest, we provide links to the banks via the buttons below. Make sure to carefully review the variant you settled on using the information available at the bank's official websites.

Please note that the information on pricing, contract terms and availability of products in certain markets is subject to change and can differ from what is stated above. We aim to keep this comparison as accurate and up-to-date as possible, but we advise you to treat the information provided above as indicative and always check banks' official websites for actual terms before signing up.


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