Compare Qonto and other online business banking services.
Comparison made on May 5, 2020.
30-day free trial - No commitments
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Monthly pricing |
From €9 (excl. VAT) |
From €9.50 (inc. VAT) |
From €9 (inc. VAT) |
Free |
From €3.90 (inc.VAT) |
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Capital Deposit |
€50 alone or included in yearly pack |
€200 or included in a pack |
From €30 (exc. VAT) |
N/A |
€69 alone or included in a pack |
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IBAN |
French IBAN |
French or British IBAN |
French IBAN |
IBAN depending on market |
French IBAN |
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Bank overdraft granted |
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Maximum of |
Overdraft is possible up to €10K for all German and Austrian customers |
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Legal forms |
SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales |
SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales and associations |
Micro-entreprises |
Freelancers |
Micro-entreprises, EURL, EIRL, SASU, SARL, SAS |
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Help for bank switch |
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Monthly pricing
Monthly pricing
From €9
(excl. VAT)
From €9.50
(inc. VAT)
From €9
(inc. VAT)
Free
From €3.90
(inc.VAT)
Capital Deposit
Capital Deposit
€50 alone
or included in yearly pack
€200
or included in a pack
From €30
(exc. VAT)
N/A
€69 alone
or included in a pack
IBAN
IBAN
French IBAN
French or British IBAN
French IBAN
IBAN depending on market
French IBAN
Bank overdraft granted
Bank overdraft granted
Maximum of
€2,500
Overdraft is possible
up to €10K for all German and Austrian customers
Legal forms
Legal forms
SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales
SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales and associations
Micro-entreprises
Freelancers
Micro-entreprises, EURL, EIRL, SASU, SARL, SAS
Help for bank switch
Help for bank switch
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Type of card provided |
Debit Mastercard card |
Debit Mastercard card |
Visa Premier card or Visa Classic card |
Mastercard card |
Prepaid Mastercard card |
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Card transactions in euros |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
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Non-euro card payment |
Free with the X card |
€0 per transaction |
1.94% per transaction |
€0 per transaction |
1.90% per transaction (with the Premium card) |
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ATM withdrawal |
Free with the X cars or €1 per withdrawal (with the One Card) |
€2 per withdrawal |
Free |
5 free withdrawals then €2 per withdrawal |
€1 per withdrawal (2 withdrawals per month for Premium users) |
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ATM withdrawal limits |
Up to €3,000 per card per calendar month with the X Card |
€5,000 per month |
€920 on 7 rolling days |
€2,500 per day and max 20,000€ per month |
No information |
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Payment limits |
Up to €60,000 per card per calendar month with the X Card |
€30,000 per month with a limit 5,000€ per day |
€3,000 per calendar month |
Unlimited |
No information |
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Google Pay / Apple Pay |
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Card reader |
1.75% on transaction amount + €19 for card reader (to pay once) with Zettle |
1.50% on transaction amount + €19 for card reader (to pay once) |
1.75% on transaction amount + €19 for card reader (to pay once) with Zettle |
N/A |
1.49% on transaction amount + €19 for card reader (to pay once) with SumUp |
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Virtual card |
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Disposable card |
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Type of card provided
Type of card provided
Debit Mastercard card
Debit Mastercard card
Visa Premier card or Visa Classic card
Mastercard card
Prepaid Mastercard card
Card transactions in euros
Card transactions in euros
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Non-euro card payment
Non-euro card payment
Free
with the X card
€0
per transaction
1.94%
per transaction
€0
per transaction
1.90%
per transaction (with the Premium card)
ATM withdrawal
ATM withdrawal
Free
with the X cars or €1 per withdrawal (with the One Card)
€2
per withdrawal
Free
5 free withdrawals
then €2 per withdrawal
€1
per withdrawal (2 withdrawals per month for Premium users)
ATM withdrawal limits
ATM withdrawal limits
Up to €3,000 per card
per calendar month with the X Card
€5,000
per month
€920
on 7 rolling days
€2,500
per day and max 20,000€ per month
No information
Payment limits
Payment limits
Up to €60,000 per card
per calendar month with the X Card
€30,000 per month
with a limit 5,000€ per day
€3,000
per calendar month
Unlimited
No information
Google Pay / Apple Pay
Google Pay / Apple Pay
Card reader
Card reader
1.75% on transaction amount
+ €19 for card reader (to pay once) with Zettle
1.50% on transaction amount
+ €19 for card reader (to pay once)
1.75% on transaction amount
+ €19 for card reader (to pay once) with Zettle
N/A
1.49% on transaction amount
+ €19 for card reader (to pay once) with SumUp
Virtual card
Virtual card
Disposable card
Disposable card
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In/out SEPA transfers in euros |
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Outgoing SEPA transfers in foreign currencies |
Between 0.70% and 0.90% per transfer (18 currencies) |
From 0.70% + €2.50 per transfer |
0.1% (minimum transfer amount of €20) |
Transferwise |
From 0.06% per turnover |
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Incoming SEPA transfers in foreign currencies |
Free |
Bank fees |
0.1% (minimum transfer amount of €20) |
Free |
Bank fees |
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Debits |
SEPA debits + B2B SEPA debits included |
€2 per SEPA debit mandate |
Included |
SEPA direct debits available and free |
SEPA debits included |
In/out SEPA transfers in euros
In/out SEPA transfers in euros
Outgoing SEPA transfers in foreign currencies
Outgoing SEPA transfers in foreign currencies
Between 0.70% and 0.90%
per transfer (18 currencies)
From 0.70%
+ €2.50 per transfer
0.1%
(minimum transfer amount of €20)
Transferwise
pricing
From 0.06%
per turnover
Incoming SEPA transfers in foreign currencies
Incoming SEPA transfers in foreign currencies
Free
Bank fees
0.1%
(minimum transfer amount of €20)
Free
Bank fees
Debits
Debits
SEPA debits
+ B2B SEPA debits included
€2
per SEPA debit mandate
Included
SEPA direct debits available and free
SEPA debits included
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Checkbook |
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Check cashing |
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Maximum amount per check |
No limitation |
€6,250 |
No limitation |
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€5,000 |
Checkbook
Checkbook
Check cashing
Check cashing
Maximum amount per check
Maximum amount per check
No limitation
€6,250
No limitation
€5,000
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Receipt certification and archiving New
Receipts digitized on Qonto hold the same value as their paper version, thanks to probative value certification. In a simple scan, you are covered in case of control.
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Automatic VAT detection New |
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Receipt certification and archiving
New
Receipts digitized on Qonto hold the same value as their paper version, thanks to probative value certification. In a simple scan, you are covered in case of control.
Receipt certification and archiving
New
Receipts digitized on Qonto hold the same value as their paper version, thanks to probative value certification. In a simple scan, you are covered in case of control.
Automatic VAT detection
NewAutomatic VAT detection
New
Business finance management solutions and online-only banking solutions don't necessarily own the same licences as traditional banks. However, they can offer similar services for a business bank account: payment cards, a French IBAN, real time payments etc. They also have an edge in that they are digital only. You don't need to make an appointment to open a business account or to deposit your share capital. You can use the same services, but in a more convenient way.
Besides fees, you will also want to compare the bookkeeping services that online banks can provide. All entrepreneurs who have experience of doing their accounting will be able to confirm that it's an energy and time consuming task. Having the opportunity to execute it via a banking service will help you focus on your project.
It's important to compare bank fees. Indeed, online banks don't offer the same price plans and they might vary significantly from one to another. Besides the account opening fees, some extra costs could apply for special features or options. A good indicator of your needs is the legal form of your company!
Customer service is key when it comes to online banks. You have to make sure someone will be able to answer your questions when you need them to. To compare the different customer services, an entrepreneur can always consult reviews online, but a qualitative comparator will help to identify the most appropriate ones.
Business finance management solutions and online-only banking solutions don't necessarily own the same licences as traditional banks. However, they can offer similar services for a business bank account: payment cards, a French IBAN, real time payments etc. They also have an edge in that they are digital only. You don't need to make an appointment to open a business account or to deposit your share capital. You can use the same services, but in a more convenient way.
Besides fees, you will also want to compare the bookkeeping services that online banks can provide. All entrepreneurs who have experience of doing their accounting will be able to confirm that it's an energy and time consuming task. Having the opportunity to execute it via a banking service will help you focus on your project.
It's important to compare bank fees. Indeed, online banks don't offer the same price plans and they might vary significantly from one to another. Besides the account opening fees, some extra costs could apply for special features or options. A good indicator of your needs is the legal form of your company!
Customer service is key when it comes to online banks. You have to make sure someone will be able to answer your questions when you need them to. To compare the different customer services, an entrepreneur can always consult reviews online, but a qualitative comparator will help to identify the most appropriate ones.
Are you ready to open a business account for your company?
Whether you're a self-employed contractor or a small business with a team,
Qonto can provide the business account you need.
