bunq vs Memo Bank.
bunq (b87/100) and Memo Bank (M56/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. bunq leads Memo Bank 6-2.
| b bunq №02 · DNB 87 /100 | M Memo Bank №59 · ACPR 56 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 87 /100 | 56 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €449 /mo |
| FX markup Debit card abroad | Interbank | 0.50% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank DNB | E-money inst. ACPR |
| Deposit guarantee Per depositor | €100,000 EU.DGS.NL | Safeguarded EU.DGS.FR |
| Reach | ||
| Markets served Licensed jurisdictions | 30 countries | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | 4.2 ★ 22k reviews | 4.6 ★ 0k reviews |
| App store iOS + Android avg | — | 4.5 ★ iOS 4.5 · And 4.4 |
| Read review → | Read review → | |
Pick bunq if…
Pick if you travel constantly and want unlimited free FX with a Dutch licence — €3.99/mo for the Easy Bank tier.
Pick Memo Bank if…
The French mid-market SME bank that fills the structural gap between Qonto (freelancer-and-SME-led, ACPR credit institution) and chartered legacy banks (BNP Paribas Business, Société Générale Business). Full ACPR credit-institution licence with DGS protection. Mid-market SME tier (€1M-100M revenue) is the target audience; API-first treasury + Pennylane integration is the SMB-tech moat.
- Best for fees bunq won 2 of 4
- Best for protection bunq won 2 of 2
- Best for reach bunq won 1 of 3
- Best for ux Memo Bank won 2 of 2
bunq vs Memo Bank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is bunq better than Memo Bank?
Under our v3 methodology, bunq leads Memo Bank 6–2 across 12 dimensions. Composite scores: bunq 87/100 vs Memo Bank 56/100. bunq is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is bunq or Memo Bank cheaper?
Monthly fee — bunq: €0; Memo Bank: €449. Card FX markup — bunq: Interbank; Memo Bank: 0.50%. bunq 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, bunq or Memo Bank?
bunq holds a Full bank licence under DNB; deposit guarantee per depositor: €100,000. Memo Bank holds a E-money inst. licence under ACPR; deposit guarantee per depositor: Safeguarded. bunq is the stronger pick on regulatory protection.
Where can I use bunq and Memo Bank?
bunq operates in 30 countries; Memo 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.