Toss Bank vs Mashreq Neo.
Toss Bank (T78/100) and Mashreq Neo (M52/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Toss Bank leads Mashreq Neo 4-0.
| M Mashreq Neo №66 · CBUAE 52 /100 | T Toss Bank №11 · KDIC 78 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 53 /100 | 78 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. CBUAE | Full bank KDIC |
| Deposit guarantee Per depositor | Safeguarded AE.DPS | €50,000,000 KR.KDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | Yes | Yes |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | 4.2 ★ iOS 4.3 · And 4.1 | 4.7 ★ iOS 4.7 · And 4.6 |
| Read review → | Read review → | |
Pick Mashreq Neo if…
Digital arm of Mashreq Bank — one of UAE's oldest private banks. Multi-currency (AED + USD + GBP + EUR) is the structural differentiator vs. AED-only competitors like Liv. AE DPS cover via parent. Mashreq Neo Wealth adds investment access in the same app.
Pick Toss Bank if…
Korea's third internet-only bank. Viva Republica subsidiary — operates inside the Toss super-app (~25M users). Full KFSC licence since 2021; KDIC cover. The mobile-app-native counterpart to Kakao Bank.
- Best for fees Tied
- Best for protection Toss Bank won 2 of 2
- Best for reach Tied
- Best for ux Toss Bank won 1 of 2
Toss Bank vs Mashreq Neo — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Mashreq Neo better than Toss Bank?
Under our v3 methodology, Toss Bank leads Mashreq Neo 4–0 across 12 dimensions. Composite scores: Mashreq Neo 52/100 vs Toss Bank 78/100. Toss Bank is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Mashreq Neo or Toss Bank cheaper?
Monthly fee — Mashreq Neo: €0; Toss Bank: €0. Card FX markup — Mashreq Neo: Interbank; Toss Bank: Interbank. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Mashreq Neo or Toss Bank?
Mashreq Neo holds a Payment inst. licence under CBUAE; deposit guarantee per depositor: Safeguarded. Toss Bank holds a Full bank licence under KDIC; deposit guarantee per depositor: €50,000,000. Toss Bank is the stronger pick on regulatory protection.
Where can I use Mashreq Neo and Toss Bank?
Mashreq Neo operates in 1 country; Toss 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.