Tomorrow Bank: Complete Review (Updated for 2024)

Tomorrow bank is one of the latest mobile-first financial services apps with a focus on sustainability and ethical investment practices. Based in Hamburg, Germany since its launch in 2018, the financial powerhouse app offers German bank accounts and services that enables customers to effortlessly contribute to projects tackling climate change, offsetting customers' CO2 emissions and much more.

Tomorrow's partnership with Solarisbank SE enables the neobank to dedicate more resources towards creating an impressive mobile banking experience, while still enjoying all the benefits of being a secure, fully-licensed and strictly regulated financial institution.

For this review, our team of three digital banking experts got hands-on with Tomorrow, documented their experience, supplemented their personal experience with an analysis of online reviews by real users and compared the bank's ability to deliver a great product with some of the bank accounts offered by competitors. Continue reading to discover key pros & cons of Tomorrow, overview of subscriptions available, see our screenshots of Tomorrow app, plan comparison tables as well as our hand-picked suggestions for Tomorrow alternatives. Let's begin!

We also suggest exploring our selection of editorial content featuring Tomorrow fintech app available on our website by using the links below.

Tomorrow's customers-to-be get to choose from 3 plans available, ranging from a very affordable "Now" all the way to a premium banking experience with "Zero". The plans vary massively in monthly costs, features available, applicable limits and fee-free allowances. This provides users with flexibility and ensures anyone can find a plan that suits them, without feeling dissatisfied or forced to pay for products they do not intend to use. It's also easy to switch between plans as you go, so feel free to pick the cheapest option to start with - you can easily "grow into" higher-tier subscriptions at a later date.

Each plan provides a "bread and butter" set of core banking features (like card payments, SEPA transfers, ATM withdrawals and such), as well as a unique benefit: protecting 1m² of rainforests with each euro spent using your Tomorrow card (at no cost to you!). On top of this, you get the following benefits with any plan: automatic payment categorization & spending insights, Apple Pay & Google Pay, customer support via email, live chat (based on 3 tests of ours, average wait time tends to be ~3 minutes during working hours) and phone, VISA card, currency withdrawals at no extra cost and overdraft at 10,99% p.a.. You also get a neat "green" feature: rounding up your transaction to a nearest Euro and donating the spare change to climate projects.

Now is the entry-level subscription from the sustainability-first challenger bank. On the banking front, the Now subscription gives you 1 current & a sub account for savings. You can also expect digital banking features such as payment insights, mobile pay and instant notifications.

You definitely get your money's worth with "Tomorrow Now", yet based on our reviewers' experience, there are two downsides that could be a deal-breaker for you. Firstly, you can only have 1 sub-account, so your budgeting capabilities are limited. Not being able to create specific accounts for rent and utilities, savings, daily expenses and such feels restricting compared to, for instance, Dutch bunq bank that offers 25 standalone sub-accounts each with an individual IBAN. Secondly, each ATM withdrawal incurs a €3,00 fee. This will get quite expensive fast if you're using cash a lot. Whether these are enough of a deterrent depends entirely on your unique banking needs, but luckily, higher-tier subscriptions fix both of these issues.

And, of course, the app never fails to mention that every card payment made with your Tomorrow card contributes towards rainforest protection and supports a wider range of sustainable projects worldwide.

"Change" is an everyday bank account that is both "smart" and flexible. Priced quite reasonably (in line with what competitors like Revolut charge), this subscription is a solid and hassle-free bank account that covers all the day-to-day banking needs an average person has. On top of this, there are a few niche features that truly make this financial tech product stand out from the competition.

Do you get your money's worth with "Change"? Compared to "Now", at more than twice the price, you get: joint bank accounts, 5 free ATM withdrawals a month, 5 sub-accounts for easy budgeting (including "pockets" for specific savings goals) and customizable card designs. Whether it's enough to convince you is up to you, but our reviewers agree it's a solid upgrade.

Tomorrow's "flagship" subscription, Zero is a premium bank account at a fully-licensed German bank that comes with automatic CO₂ offsetting, a stylish wooden card (a real eye-catcher!) and unlimited free ATM withdrawals all over Europe. Great mobile app and an array of environment-friendly features from the bank known for its ethical investment practices - this proposition is a real powerhouse when it comes to satisfying your banking needs.

Do you get enough value on "Zero", compared to cheaper plans? All three of our Fintech Compass testers don't seem to be convinced. Sure, you get a wooden card for free, but you can simply pay €20,00 for one and continue using a cheaper plan. Unlimited ATM withdrawals are nice, but do you do substantially more than 5 (offered for free with "Change") a month? Unlimited sub-accounts are a great benefit, but most people would agree 5 is enough.

The app has a pleasing, yet not too unique of a design. The app feels easy to navigate, the information is always clearly presented and you can't even see the "growth pains" too much. However, there are quite a few bugs here and there. Luckily, these do not affect any of the actual banking functionality and are completely harmless. You can take a closer look at how the (Android) app looks like on our experts' devices in a gallery below.

Feel like Tomorrow does not satisfy your unique banking needs? Below, we'll provide our selection of top competitors that might be more suited for your specific circumstances and desires.

If you're looking for a powerful mobile-first bank with a full banking license that cares about sustainability and ethical investment practices, consider bunq bank from the Netherlands (we previously reviewed this neobank and gave it a high rating). Similar pricing and plan structure, 3 cards and up to 25 sub-accounts included in your monthly subscription, investing in stocks in-app and planting trees when you pay with your bunq card - does this sound enticing?

UK-based mobile banking behemoth Revolut does not need an introduction. Still, it is Europe's largest digital bank for a reason, and if the "green" focus is not a non-negotiable for you, Revolut might just be the bank for you.

Lastly, if you value rapidly developing cutting-edge financial technology products, trust German quality and want to make your money work, Vivid Money is definitely a product you should look into. Oh, and it has absolutely stunning stainless steel bank cards, too.

Based on a combination of professional expertise, personal first-hand experience using the app, competitor comparison and an analysis of user reviews online, our final verdict is as follows. Tomorrow is a very solid choice if you value sustainability in banking. It is a very polished and coherent banking experience neatly packed in stylish, yet very functional and straightforward mobile apps.

Most users will be pleasantly surprised by Tomorrow app's features, such as "pockets" for budgeting and insights. If you’re currently deliberating between Tomorrow and bunq (Dutch fintech company and a neobank that also prides itself on their ethical investment and sustainability-first practices), it is worth noting that all of Tomorrow’s plans have its core "green" benefits available, whereas only bunq’s Easy Green plan (the highest-tier subscription) features the full "green" features package. Thus, if you do not intend to invest in a top-tier subscription just to ensure your actions are not actively having a negative impact on the environment, Tomorrow’s Now or Change plans might just be the right choice for you.

If you have concerns about the safety of your funds with Tomorrow bank, rest assured: your funds are well-protected and taken care of with this German bank. The credit balance of each Tomorrow customer is actually managed by Solarisbank in Berlin. Solarisbank holds a German banking license and is thus part of the deposit guarantee fund of the Federal Association of German Banks. Thanks to that, your funds are automatically protected up to the total amount of 100,000 Euros. This protection applies per customer per bank - in this case Solarisbank. In case you have several accounts with Solarisbank, the deposit protection applies to all your accounts in total. This corresponds to the standard for all European credit institutions.

In short, yes - you can trust Tomorrow bank; yes - you will get what you pay for; and yes - they do deeply care and make an effort to combat climate change. However, it is only up to you to say if it's the right choice that satisfies your unique banking needs. But hey, it's free to sign up for and you can cancel after your first month if it doesn't suit you, so why not give it a try?