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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

Bank Jago vs Opay.

Bank Jago (B75/100) and Opay (O58/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. A close tie.

Quick verdict Tied 4–4
Score 10 of 1
Fees 01 of 4
Protection 20 of 2
Reach 02 of 3
UX 11 of 2
Bank Jago Opay
Banks compared 2 banks · 12 dimensions
B Bank Jago 75/100 O Opay 58/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
BBank Jago
41 tie · 7 loss
OOpay
41 tie · 7 loss
Winner: Tied across leaders Closest gap: 0rowsEdition №08
B
Bank Jago №22 · Full Indonesian banking licence 75 /100
O
Opay №54 · CBN 58 /100
Score
Composite score Out of 100 75 /100 58 /100
Fees
Monthly fee Cheapest paid tier (€0 if free) €0 Free tier €0 Free tier
FX markup Debit card abroad 2.00% Interbank
Free FX / month EUR equivalent €0 €0
Free ATM Before fee kicks in
Protection
Banking licence Tier Full bank E-money inst. CBN
Deposit guarantee Per depositor €2,000,000,000 ID.LPS Safeguarded NG.NDIC
Reach
Markets served Licensed jurisdictions 1 country 5 countries
Crypto Coins available No No
Stocks & ETFs Self-directed No Yes
UX
Trustpilot Customer score 1.5 ★ 5k reviews
App store iOS + Android avg 4.5 ★ iOS 4.6 · And 4.5 4.5 ★ iOS 4.4 · And 4.5
Read review Read review

Pick Bank Jago if…

Bank Jago №22

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 Opay if…

Opay №54

Largest Nigerian mobile-money + neobank hybrid by user count (~50M+). Saudi Aramco-affiliated investor backed. OBank subsidiary holds the bank licence; OPay wallet sits on top. Aggressive cross-EM expansion (Egypt, Pakistan announced). The Nigerian mobile-money rail leader.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees Opay won 1 of 4
  • Best for protection Bank Jago won 2 of 2
  • Best for reach Opay won 2 of 3
  • Best for ux Tied
Frequently asked

Bank Jago vs Opay — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Bank Jago better than Opay?

Bank Jago and Opay are tied 4–4 across 12 dimensions under our v3 methodology. Composite scores: Bank Jago 75/100 vs Opay 58/100. The right pick depends on which dimension you weight most heavily.

Is Bank Jago or Opay cheaper?

Monthly fee — Bank Jago: €0; Opay: €0. Card FX markup — Bank Jago: 2.00%; Opay: Interbank. Opay 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 Opay?

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. Opay holds a E-money 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 Opay?

Bank Jago operates in 1 country; Opay operates in 5 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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