Up Bank vs Statrys.
Up Bank (U55/100) and Statrys (S43/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Up Bank leads Statrys 4-1.
| S Statrys №86 · Statrys Limited holds a Hong Kong Monetary Authority 43 /100 | U Up Bank №60 · PRA 55 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 43 /100 | 55 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €88 /mo | €0 Free tier |
| FX markup Debit card abroad | 0.50% | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. | Payment inst. PRA |
| Deposit guarantee Per depositor | Safeguarded No DGS | Safeguarded AU.FCS |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | 4.4 ★ 1k reviews | 4.0 ★ 2k reviews |
| App store iOS + Android avg | 4.4 ★ iOS 4.5 · And 4.3 | 4.8 ★ iOS 4.8 · And 4.7 |
| Read review → | Read review → | |
Pick Statrys if…
The HK-primary SMB neobank with the deepest cross-Asia payment-corridor depth in the SMB category. USD-HKD and USD-CNY FX are structurally competitive, and the HK business-registration onboarding clears faster than DBS / HSBC HK Business for the typical SMB. HKMA-licensed MSO — funds safeguarded but NOT DPS deposit-insured.
Pick Up Bank if…
Australian neobank built on top of Bendigo and Adelaide Bank's APRA-regulated charter — direct FCS AUD 250,000 cover via the parent. Strongest Australian neobank UX for under-35 consumers; budgeting and pay-day forecasting are best-in-class. No FX markup makes it travel-friendly.
- Best for fees Up Bank won 2 of 4
- Best for protection Tied
- Best for reach Tied
- Best for ux Tied
Up Bank vs Statrys — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Statrys better than Up Bank?
Under our v3 methodology, Up Bank leads Statrys 4–1 across 12 dimensions. Composite scores: Statrys 43/100 vs Up Bank 55/100. Up Bank is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Statrys or Up Bank cheaper?
Monthly fee — Statrys: €88; Up Bank: €0. Card FX markup — Statrys: 0.50%; Up Bank: Interbank. Up Bank wins more fee rows (2 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Statrys or Up Bank?
Statrys holds a Payment inst. licence under Statrys Limited holds a Hong Kong Monetary Authority (HKMA) Money Service Operator (MSO) licence, plus Trust or Company Service Provider (TCSP) authorisation for the HK incorporation-services arm. Customer funds are safeguarded under HKMA MSO rules — held in segregated accounts at HK-licensed banks — and are NOT covered by the HK Deposit Protection Scheme (DPS) which applies to chartered HK banks only. The structural trade-off versus a chartered HK bank (HSBC Business, Standard Chartered HK Business, or HKMA virtual banks like Mox / ZA Bank / Livi Bank with DPS cover) is the cross-Asia corridor depth and the SMB-customer onboarding speed. Verified 2026-05.; deposit guarantee per depositor: Safeguarded. Up Bank holds a Payment inst. licence under PRA; deposit guarantee per depositor: Safeguarded. Both score equally on regulatory protection rows.
Where can I use Statrys and Up Bank?
Statrys operates in 1 country; Up Bank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.