Best Neobank for Travel in Europe 2026
FX fees, free ATM limits, travel insurance, lounge access — everything you need to pick the right card before your next trip.
Mid-market rate, no markup, transparent fee from 0.43%. Best for large conversions.
Review →Unlimited free ATM withdrawals worldwide. Unmatched for cash-heavy destinations.
Review →Allianz insurance from €9.90/mo. Medical up to €2M, cancellation, luggage, delays.
Review →Free FX up to €1K/mo, lounge access on Metal, 120+ currencies. Best for most travellers.
Review →Foreign Exchange Fees
How much does each bank charge when you spend or convert foreign currency?
| Bank | FX Markup | Free Limit/mo | Over Limit / Notes |
|---|---|---|---|
| Revolut | Mid-market | €1,000 | Mid-market rate up to €1,000/month on Standard; limit rises with tier (€3K Plus, €5K Premium, €20K Metal, Unlimited on Ultra). Weekend surcharge applies on Standard/Plus. |
| N26 | Mid-market | Unlimited | Mastercard interbank rate globally on all tiers — no FX markup. 1.7% cash withdrawal fee outside eurozone on Standard. |
| bunq | Mid-market | Unlimited | Mastercard rate on card spend globally — no markup. In-app currency conversion incurs a small fee. SWIFT transfers have a €5 flat fee. |
| Wise | Mid-market | Unlimited | Always mid-market rate (no markup). Fee is a transparent conversion cost from 0.43%. Cheapest FX globally for most currency pairs. |
| Vivid Money | Mid-market | Unlimited | Mastercard rate on card spend. 1.5% non-EUR transaction fee on Standard; reduced on Prime tier. Better than high-street banks but not as competitive as Revolut/Wise. |
| Qonto | +1.7% | Unlimited | 1.7% foreign transaction fee on non-EUR card payments. Not a competitive travel card — Qonto is optimised for eurozone business use. |
| Trade Republic | Mid-market | Unlimited | Mastercard interbank rate globally, no FX markup. Trade Republic's Mastercard debit card is a solid travel card despite the investment-first positioning. |
| Monzo | Mid-market | Unlimited | No FX fees on card spend globally (Mastercard interbank rate). A core promise of the Monzo brand from day one. |
| Lunar | Mid-market | Unlimited | Visa interbank rate on all international card spend — no FX markup. Focused on Nordic cross-border use (DKK/SEK/NOK). |
| Starling Bank | Mid-market | Unlimited | No FX fees on card spend anywhere in the world. One of the original UK 'fee-free abroad' pioneers. Business euro account: 0.4% GBP/EUR conversion fee. |
ATM Withdrawals Abroad
Free ATM limits and fees for cash withdrawals outside your home country.
| Bank | Free/month | Fee over limit / Notes |
|---|---|---|
| Revolut | €200 | Free ATM limit: €200 Standard, €400 Plus/Premium, €800 Metal, €2,000 Ultra. 2% fee after limit. |
| N26 | Unlimited free | Standard: 3 free ATM/month in eurozone, 1.7% fee abroad. Smart: 5 free/month. You: unlimited free globally. Metal: unlimited free globally. |
| bunq | — | ATM withdrawals incur a flat €0.99 fee per withdrawal on all tiers. No free ATM allowance. |
| Wise | €200 | 2 free ATM withdrawals/month up to €200 total. After limit: €1.50 flat + 1.75%. Wise debit card spends in local currency with no markup. |
| Vivid Money | €200 | Standard: €200 free ATM/month, then 2%. Prime: €400 free/month. |
| Qonto | — | ATM withdrawals abroad charged at €2 each. Aimed at business users who rarely need cash abroad. |
| Trade Republic | Unlimited free | Trade Republic debit card can be used for ATM withdrawals. Free ATM usage applies at some networks; check specific country terms. |
| Monzo | €200 | EU launch: up to €200/month free ATM withdrawals abroad, 3% after that. UK Monzo users: free up to £200/month in EEA. |
| Lunar | — | ATM withdrawals abroad: DKK 25 flat fee. Within Nordics: conditions vary by plan. |
| Starling Bank | Unlimited free | Unlimited free ATM withdrawals worldwide on personal account — one of the most generous policies of any neobank. |
Travel Insurance & Lounge Access
| Bank | Travel Insurance | Tier Required | Airport Lounge | Coverage highlights |
|---|---|---|---|---|
| Revolut | ✓ | Premium | ✓ | Medical expenses (up to €30M) · Trip cancellation · Delayed or lost luggage |
| N26 | ✓ | You | ✓ | Medical emergencies abroad (up to €2M, Allianz) · Trip cancellation · Delayed/lost luggage |
| bunq | — | — | — | bunq does not include travel insurance on any tier. |
| Wise | — | — | — | Wise does not include travel insurance. |
| Vivid Money | — | — | — | No travel insurance included on any tier. |
| Qonto | — | — | — | No travel insurance. Business-focused product not designed for travel perks. |
| Trade Republic | — | — | — | No travel insurance on any tier. |
| Monzo | ✓ | Monzo Premium | — | Worldwide travel insurance (Premium tier) · Medical expenses · Trip cancellation |
| Lunar | ✓ | Plus | — | Worldwide travel insurance (Plus/Unlimited) · Medical emergencies · Trip cancellation |
| Starling Bank | — | — | — | No travel insurance included. Starling does not offer premium tiers with bundled insurance. |
Multi-Currency & Local IBANs
Hold foreign currencies before you travel and receive money like a local.
| Bank | Currencies | Local Account Details | Notes |
|---|---|---|---|
| Revolut | 36+ | EURGBPUSDCHFPLNRON | Hold and exchange 36+ currencies at interbank rates; spend in 120+ currencies via Mastercard |
| N26 | 1 | EUR | Single EUR account; multi-currency spending via Mastercard at interbank rate — no dedicated sub-accounts per currency |
| bunq | 22+ | EURUSDGBPCHFHUFPLN | 22+ currency sub-accounts, each with its own IBAN (Pro/Elite tiers). Hold foreign currencies without conversion until you spend. |
| Wise | 40+ | EURGBPUSDAUDNZDCADSGDHUFRON | Hold 40+ currencies; local bank details in 9 currencies. Ideal for receiving salary or payments in multiple countries. |
| Vivid Money | 15+ | EUR (German, Spanish, or Italian IBAN) | Multi-IBAN Pockets allow up to 15 currency sub-accounts. Unique: choose German, Spanish, or Italian IBAN for your main account. |
| Qonto | 1 | EUR | EUR-only business account; no multi-currency sub-accounts or foreign IBANs. |
| Trade Republic | 1 | EUR | Single EUR account only. No multi-currency accounts or foreign IBANs. |
| Monzo | 1 | EUR (Irish IBAN at EU launch) | EU launch: EUR account with Irish IBAN. No multi-currency sub-accounts at EU launch. UK: GBP only. |
| Lunar | 3+ | DKKSEKNOK | Designed for Nordic multi-currency use across Denmark, Sweden, and Norway. Not a global multi-currency platform. |
| Starling Bank | 2+ | GBPEUR (business add-on, £2/month) | Primarily GBP. Euro Business Account add-on provides a dedicated EUR IBAN for SEPA. No retail multi-currency accounts. |
💡 Pro Tips for Travelling with a Neobank
- Avoid weekend FX with Revolut Standard/Plus: A 1% weekend surcharge applies. Exchange to the local currency before Friday night on your free tier.
- Use Wise for large conversions: Wise has no monthly FX cap. For converting €5,000+ to another currency, the 0.43% fee beats Revolut's post-limit 0.5% on Standard.
- N26 You for insurance, not Revolut Standard: At €9.90/mo, N26 You includes Allianz medical coverage up to €2M — more comprehensive than buying travel insurance separately.
- Always carry a backup card: Neobank accounts can be frozen by automated fraud systems. Carry a second card from a different provider when travelling.
- Notify your neobank before travel: Most neobanks let you set travel notifications in-app; some enable automatic location-based fraud detection.
Frequently Asked Questions
Which EU neobank has the best exchange rate for travel? +
Wise and Revolut both use the mid-market exchange rate with no markup. Wise charges a transparent conversion fee from 0.43%. Revolut is free up to your monthly FX allowance (€1,000 on Standard) and charges 0.5% after. For large conversions, Wise is often cheaper due to the weekend surcharge on Revolut.
Which neobank has free ATM withdrawals abroad? +
Starling Bank offers unlimited free global ATM withdrawals on its personal account — the most generous policy of any neobank. N26 You and Metal offer unlimited free global ATM withdrawals. Revolut offers €200–€2,000 free per month depending on tier.
Do any neobanks include free travel insurance? +
Yes. Revolut Premium (€7.99/mo) and Metal (€14.99/mo) include travel insurance. N26 You (€9.90/mo) and Metal (€16.90/mo) include comprehensive Allianz travel insurance. Lunar Plus (~€10.60/mo) also includes worldwide travel insurance.
Is Revolut or Wise better for travel? +
For most travellers, Revolut is better: free FX up to €1,000/month, competitive rates, and the free Standard tier works for most trips. Wise is better if you need to hold foreign currency long-term, make large conversions, or receive money in foreign currencies — its mid-market rate with no monthly cap is superior for those use cases.
Can I use a neobank card at ATMs worldwide? +
All major neobanks (Revolut, Wise, N26, bunq, Monzo, Starling) issue Mastercard or Visa debit cards accepted at ATMs worldwide. The difference is in fees: Starling and N26 You/Metal are free globally; Revolut and Wise have monthly free limits. Avoid Trade Republic and Qonto for heavy ATM use abroad.