Bank Jago vs Carbon.
Bank Jago (B75/100) and Carbon (C50/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Bank Jago leads Carbon 5-1.
| B Bank Jago №22 · Full Indonesian banking licence 75 /100 | C Carbon №80 · CBN 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 75 /100 | 50 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 2.00% | 3.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank | Payment inst. CBN |
| Deposit guarantee Per depositor | €2,000,000,000 ID.LPS | Safeguarded NG.NDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | Yes |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | 4.5 ★ iOS 4.6 · And 4.5 | 4.3 ★ iOS 4.3 · And 4.4 |
| Read review → | Read review → | |
Pick Bank Jago if…
Largest Indonesian neobank by users — ~9M Indonesians. OJK-regulated full bank, IDX-listed (ARTO). GoTo (Gojek + Tokopedia) major shareholder. Multi-pocket structure ('Jago Pockets'). Sharia-compliant Jago Syariah variant.
Pick Carbon if…
Nigerian credit-led digital bank (formerly Paylater). CBN microfinance bank charter — same regulatory tier as Kuda/OPay (₦2M NDIC microfinance ceiling, not ₦5M DMB full-bank). Credit-line access is the structural differentiator vs. spending-account-led Kuda.
- Best for fees Bank Jago won 1 of 4
- Best for protection Bank Jago won 2 of 2
- Best for reach Carbon won 1 of 3
- Best for ux Bank Jago won 1 of 2
Bank Jago vs Carbon — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Bank Jago better than Carbon?
Under our v3 methodology, Bank Jago leads Carbon 5–1 across 12 dimensions. Composite scores: Bank Jago 75/100 vs Carbon 50/100. Bank Jago is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Bank Jago or Carbon cheaper?
Monthly fee — Bank Jago: €0; Carbon: €0. Card FX markup — Bank Jago: 2.00%; Carbon: 3.00%. Bank Jago wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Bank Jago or Carbon?
Bank Jago holds a Full bank licence under Full Indonesian banking licence (OJK regulated); LPS member, IDR 2,000,000,000 cover per depositor per institution. IDX-listed (ARTO). // TODO(verify).; deposit guarantee per depositor: €2,000,000,000. Carbon holds a Payment inst. licence under CBN; deposit guarantee per depositor: Safeguarded. Bank Jago is the stronger pick on regulatory protection.
Where can I use Bank Jago and Carbon?
Bank Jago operates in 1 country; Carbon 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.