{"id":410,"date":"2023-10-14T12:18:40","date_gmt":"2023-10-14T12:18:40","guid":{"rendered":"https:\/\/moneyhub.ee\/?page_id=410"},"modified":"2025-04-11T17:10:55","modified_gmt":"2025-04-11T15:10:55","slug":"online-accounts","status":"publish","type":"page","link":"https:\/\/moneyhub.ee\/en\/online-accounts\/","title":{"rendered":"Online Accounts"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"410\" class=\"elementor elementor-410\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6504b96f e-flex e-con-boxed e-con e-parent\" data-id=\"6504b96f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c95ed3e elementor-widget elementor-widget-shortcode\" data-id=\"c95ed3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1732e3af e-flex e-con-boxed e-con e-parent\" data-id=\"1732e3af\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a2d3893 ddddf e-flex e-con-boxed e-con e-child\" data-id=\"a2d3893\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1813d9a2 e-flex e-con-boxed e-con e-parent\" data-id=\"1813d9a2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-547d9237 ddddf e-flex e-con-boxed e-con e-child\" data-id=\"547d9237\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-546da8d5 elementor-widget elementor-widget-text-editor\" data-id=\"546da8d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1><strong>Why getting an online account is even easier<\/strong><\/h1><h2><strong>Online, digital and app-based banks come without the large branch networks of the traditional banks, but typically offer slicker digital experiences.\u00a0<\/strong><\/h2><p><em><strong>MoneyHub Expert says:<\/strong> When is a bank not a bank? Here you will find a list of the most prominent digital banking service providers. But beware, there is a difference between a Fintech company and an EU regulated bank. Whilst companies like Wise are highly regulated and are unlikely to go bankrupt. They do not provide the guarantees that you will get your money back if there&#8217;s an issue. This is because a banking license costs more money to obtain and there is a higher regulatory overhead. If your money is in a bank then the EU banking authority automatically guarantees the first 100,000 euros of your money is safe.<\/em><\/p><p><em>However don&#8217;t let that put you off digital banks have their benefits<\/em><\/p><p><em>Online, digital or app-based banking is growing phenomenally, not only for tech-savvy minds but across generations. Online accounts offer far more incentives, rewards and savings interest than your typical high street banks, making them attractive to all. If your working or traveling abroad and want to keep funds separate from your everyday banking and the payments apps are very convenient and fast.<\/em><\/p><p><em>We have listed which companies are actual banks so you can stay informed. Also whilst most we&#8217;ve listed don&#8217;t charge a fee if your account is in regular use. They may charge extra you for upgrading your account or issuing cards. Also some have limitations so for example as time of print n26 and Wise cannot make cross border payments to the UK. So they have their use but don&#8217;t put your life savings in them.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9f81c09 e-flex e-con-boxed e-con e-parent\" data-id=\"9f81c09\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4afd5aa9 table-overflow tablepress-nwdesign elementor-widget elementor-widget-shortcode\" data-id=\"4afd5aa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\n<table id=\"tablepress-27\" class=\"tablepress tablepress-id-27 highlight-rows-1-3 tablepress-responsive\">\n<thead>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><\/td><th class=\"column-3\">Reguleeritud<\/th><th class=\"column-4\">Pank<\/th><th class=\"column-5\">Toetus<\/th><th class=\"column-6\">Minimaalne tasu EUR<\/th><th class=\"column-7\">Parim jaoks<\/th><th class=\"column-8\">Meie hinnang<\/th><td class=\"column-9\"><\/td>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\n26.png\"><\/td><td class=\"column-2\">n26<\/td><td class=\"column-3\">Saksamaa<\/td><td class=\"column-4\">Jah<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">0<\/td><td class=\"column-7\">Parim tasuta arvelduskonto<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/4.5.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/get.n26.com\/\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\wise.png\"><\/td><td class=\"column-2\">Wise<\/td><td class=\"column-3\">Fintech<\/td><td class=\"column-4\">Ei<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">0<\/td><td class=\"column-7\">Mitu valuutat<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/4.0.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/wise.com\/register#\/email\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\rev.png\"><\/td><td class=\"column-2\">Revolut<\/td><td class=\"column-3\">Leedu<\/td><td class=\"column-4\">Jah<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">0<\/td><td class=\"column-7\">\u00dcmberringi<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/3.5.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.revolut.com\/referral\/\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\bunq.png\"><\/td><td class=\"column-2\">Bunq<\/td><td class=\"column-3\">Holland<\/td><td class=\"column-4\">Jah<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">2.99<\/td><td class=\"column-7\">Parima tasuga arvelduskonto<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/4.0.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.bunq.com\/blog\/open-a-bank-account-in-just-5-minutes-with-bunq\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\tom.png\"><\/td><td class=\"column-2\">Tomorrow<\/td><td class=\"column-3\">Fintech<\/td><td class=\"column-4\">Ei<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">3<\/td><td class=\"column-7\">S\u00e4\u00e4stev<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/3.0.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.tomorrow.one\/en-EU\/accounts\/\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\viv.png\"><\/td><td class=\"column-2\">Vivid<\/td><td class=\"column-3\">Fintech<\/td><td class=\"column-4\">Ei<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">0<\/td><td class=\"column-7\">Investeeringuid<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/3.0.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/vivid.money\/in\/\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\monzo.jpg\"><\/td><td class=\"column-2\">Monzo<\/td><td class=\"column-3\">Suurbritannia<\/td><td class=\"column-4\">Jah<\/td><td class=\"column-5\">Inglise<\/td><td class=\"column-6\">5 GBP<\/td><td class=\"column-7\">Kasutamine Suurbritannias<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/3.0.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/monzo.com\/help\/us-signing-up\/\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\"><img decoding=\"async\" src=\"\/wp-content\/uploads\\tv\\mone.png\"><\/td><td class=\"column-2\">Monese<\/td><td class=\"column-3\">Fintech<\/td><td class=\"column-4\">Ei<\/td><td class=\"column-5\">Eesti\/P\u0443\u0441\u0441\u043a\u0438\u0439\/Inglise<\/td><td class=\"column-6\">0<\/td><td class=\"column-7\">Eesti Ettev\u00f5te<\/td><td class=\"column-8\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/starssvg\/3.0.svg\"><\/td><td class=\"column-9\"><a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/monese.com\/ee\/en\/features\/account-opening\">Vaata l\u00e4hemalt<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-27 from cache --><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2ebc1cc2 e-flex e-con-boxed e-con e-parent\" data-id=\"2ebc1cc2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1194849d elementor-widget elementor-widget-heading\" data-id=\"1194849d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Online Accounts FAQs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13489ad4 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"13489ad4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-13489ad4\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"13489ad4\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"how-do-we-calculate-our-star-ratings\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-3231\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">How do we calculate our star ratings?<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-3231\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"how-do-we-calculate-our-star-ratings\"><p><span style=\"font-weight: 400\">Our star ratings are based on the headline rate offered, our consumer base feedback, additional charges, ease of business, and value-added benefits.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"what-is-an-online-account\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-3232\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">What is an online account?<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-3232\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"what-is-an-online-account\"><p>If you &#8216;do&#8217; digital banking, it means you use an app for all, or most, of your online banking. Our focus in this guide is on app-based banks, which have great tech and features that help you know where you&#8217;re spending, and help you save towards your goals, all within the same app and same account.<\/p><p>We know that some of the traditional high street banks have popular apps, and are catching up with their app-only competitors, so\u00a0we feature the best of these too.<\/p><p>While the online account banks don&#8217;t have a high-street presence, most have in-app customer support, with dedicated teams on hand to offer assistance if you&#8217;ve any questions or issues.<\/p><p>All online account apps featured are free to download \u2013 though some have costs associated with running them, which we clearly explain in our best buys below. You&#8217;ll also need a relatively up to date smartphone running iOS or Android.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"are-online-accounts-more-secure\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-3233\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">Are online accounts more secure?<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-3233\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"are-online-accounts-more-secure\"><p>Banks have security systems in place that ensure fraudsters can&#8217;t hack into your account whether you&#8217;re logged in online or on your phone. But still be careful \u2013 never share your online\/mobile banking information with anyone.<\/p><p>If using one of the mobile apps featured in this guide, make sure you download the official version from your app store, and update the app regularly to make sure you benefit from any new security features. You should also protect your phone by setting a password, PIN or other screen lock (eg, pattern, fingerprint).<\/p><p>It&#8217;s also worth keeping your computer up-to-date with\u00a0free antivirus software, so you&#8217;re protected from viruses and spyware.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"are-online-banks-actually-non-banks\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-3234\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">Are online banks actually non-banks?<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-3234\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"are-online-banks-actually-non-banks\"><p>It depends. An &#8216;online bank&#8217; primarily prioritises digital solutions within its product and service range. Whilst some, like N26, are registered and regulated banks, many exist in a regulatory &#8216;grey zone&#8217; between traditional banking, money transfer services and financial technology firms.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"how-do-online-banks-make-any-profit\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-3235\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">How do online banks make any profit?<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-3235\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"how-do-online-banks-make-any-profit\"><p>Similar to traditional high-street banks, online banks generate revenue from individual clients via service fees related to account opening, maintenance, and usage. Yet, due to factors such as the absence of physical branches, online banks can offer lower pricing, allowing them to surpass traditional banks in terms of competitiveness.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"are-online-banks-regulated\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-3236\"><span class=\"eael-advanced-accordion-icon-closed\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-advanced-accordion-icon-opened\"><svg aria-hidden=\"true\" class=\"fa-accordion-icon e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span><span class=\"eael-accordion-tab-title\">Are online banks regulated?<\/span><svg aria-hidden=\"true\" class=\"fa-toggle e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/div><div id=\"elementor-tab-content-3236\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"are-online-banks-regulated\"><p>Indeed, online banks fall under the same laws and regulations as other financial service providers within the EU\/EEA. This entails supervision by the central banks of their respective nations, along with compliance with financial compensation directives.<\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Why getting an online account is even easier Online, digital and app-based banks come without the large branch networks of the traditional banks, but typically offer slicker digital experiences.\u00a0 MoneyHub Expert says: When is a bank not a bank? Here you will find a list of the most prominent digital banking service providers. But beware, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17486,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-410","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-150x150.jpg",150,150,true],"full":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-scaled.jpg",2560,1318,false]},"categories_names":null,"comments_number":"0","rttpg_featured_image_url":{"full":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-scaled.jpg",2560,1318,false],"landscape":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-scaled.jpg",2560,1318,false],"portraits":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-scaled.jpg",2560,1318,false],"thumbnail":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-150x150.jpg",150,150,true],"medium":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-300x154.jpg",300,154,true],"large":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-1024x527.jpg",800,412,true],"1536x1536":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-1536x791.jpg",1536,791,true],"2048x2048":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2025\/04\/cropped-view-manager-making-online-payment1-2048x1054.jpg",2048,1054,true]},"rttpg_author":{"display_name":"Simon Grey","author_link":"https:\/\/moneyhub.ee\/en\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":" <a href=\"https:\/\/moneyhub.ee\/en\/?taxonomy=translation_priority&#038;term=required\" rel=\"tag\">Required<\/a>","rttpg_excerpt":"Why getting an online account is even easier Online, digital and app-based banks come without the large branch networks of the traditional banks, but typically offer slicker digital experiences.\u00a0 MoneyHub Expert says: When is a bank not a bank? Here you will find a list of the most prominent digital banking service providers. But beware,&hellip;","_links":{"self":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/pages\/410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/comments?post=410"}],"version-history":[{"count":0,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/pages\/410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/media\/17486"}],"wp:attachment":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/media?parent=410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}