# What Are the Best Fintech Apps & Neobanks in Portugal? (2026) > Best digital banks and fintech apps in Portugal: Revolut, N26, Wise, Bunq, and ActivoBank compared for IBAN, FX, fees, and features. By Jules de Bruin · URL: https://www.how-to-portugal.com/finance/fintech-apps Updated August 2026. Revolut and N26 issue Portuguese IBANs and are strong for FX, transfers, and travel. Wise and Bunq offer multi-currency accounts but do not issue Portuguese IBANs. ActivoBank is a Portuguese digital bank with local IBAN, credit products, and MB WAY. Most fintechs are best used alongside a local bank, not as a full replacement. ## Best Fintech Apps & Neobanks Top fintech and neobank products from the August 2026 catalogue, ranked by IBAN locality, FX, fees, and features. Revolut ### Revolut Standard 4.7A Portuguese PT50 IBAN with MB WAY since 2025 - Opens in minutes with no registered address - Multi-currency at the interbank rate, up to your plan's limits - Deposit protection is Lithuanian, not the Portuguese FGD [Get app](https://www.revolut.com/pt-PT/)Pay withMonthly feeFreeIBAN?IBAN A Portuguese IBAN starts PT50. Some Portuguese employers and utilities still refuse foreign IBANs, which is unlawful under EU rules and reportable to Banco de Portugal. PT (desde 2025; licença e garantia de depósitos Lituânia) (foreign)Card includedn/aEnglish supportApp and supportOpening timeMinutesMore detailsFee waiverNo maintenance fee, no conditionsFree ATM networkUnlimited free EEA ATM withdrawals for PT-IBAN customers (per DECO); fair-use elsewhereHow to openApp KYC with passport/ID; NIF requested for PT IBAN featuresBranches0Deposit protectionEUR 100 000 guaranteeContractsPortuguese onlyPrices as of August 2026, verify on the provider site. Best for Newcomers: opens without a registered Portuguese address, in English Wise ### Wise Account 4.3Bank details in several currencies - The real exchange rate with fees from about **0.4%** - Cheap international transfers - Not a bank: no classic FGD deposit guarantee [Get app](https://wise.com/pt/)Monthly feeFreeIBAN?IBAN A Portuguese IBAN starts PT50. Some Portuguese employers and utilities still refuse foreign IBANs, which is unlawful under EU rules and reportable to Banco de Portugal. BE (foreign)Card includedn/aEnglish supportApp and supportOpening timeMinutes to 2 days (verification)More detailsFee waiverNo maintenance feeFree ATM network2 free withdrawals/month up to EUR 200 eachHow to openApp KYC with passport/IDBranches0Deposit protectionEUR 0 guaranteeContractsPortuguese onlyPrices as of August 2026, verify on the provider site. Best for Newcomers: opens without a registered Portuguese address, in English N26 ### N26 Standard 4.3A free German account with an exemplary app - Opens online with no registered address - 3 free withdrawals a month in the euro area - A German IBAN: possible discrimination on Portuguese salaries and direct debits [Get app](https://n26.com/)Pay withMonthly feeFreeIBAN?IBAN A Portuguese IBAN starts PT50. Some Portuguese employers and utilities still refuse foreign IBANs, which is unlawful under EU rules and reportable to Banco de Portugal. DE (foreign)Card includedn/aEnglish supportApp and supportOpening timeMinutesMore detailsFee waiverNo maintenance fee, no conditionsFree ATM network3 free eurozone ATM withdrawals/month on StandardHow to openApp video/photo ID with accepted documents by nationalityBranches0Deposit protectionEUR 100 000 guaranteeContractsPortuguese onlyPrices as of August 2026, verify on the provider site. Best for Newcomers: opens without a registered Portuguese address, in English bunq ### bunq Easy Savings 3.4A free version available without the card - Monthly interest with no term - A bonus rate of up to **3,01%** under specific conditions - No withholding: declared yearly on the Portuguese tax return [Get app](https://www.bunq.com/)Interest rate3,01% gross, first 6 monthsMinimum depositNoneDeposit protectionEUR 100 000 guaranteePayoutweeklyIRS withholdingSelf-declared (Anexo J)More detailsNotice period0 daysPrices as of August 2026, verify on the provider site. Best for Savers who want a rate without switching their main bank Banco Best ### Conta Digital Banco Best 4.3No maintenance fee - A strong platform for funds and international investing - A Portuguese IBAN with Multibanco - The debit card is paid from year 2 onward, about **EUR 19.50** a year [Get app](https://www.bancobest.pt/)Monthly feeFreeIBAN?IBAN A Portuguese IBAN starts PT50. Some Portuguese employers and utilities still refuse foreign IBANs, which is unlawful under EU rules and reportable to Banco de Portugal. Portuguese (PT50)Card includedn/aEnglish supportApp and supportOpening timeSame day in appMore detailsFee waiverNo maintenance fee; minimum opening EUR 100Free ATM networkMultibanco nationwide; free debit withdrawalsHow to openApp with CMD, Cartão de Cidadão, or passports of PT/ES/FR/IT + employment proofBranchesn/aDeposit protectionEUR 100 000 guaranteeContractsPortuguese onlyPrices as of August 2026, verify on the provider site. Best for Anyone who wants a Portuguese IBAN with English app support Crédito Agrícola ### Conta moey! 4.7Zero fees and a free physical card - A Portuguese IBAN with full MB WAY support - Unlimited free withdrawals in the euro area - Euros only: no multi-currency and no interbank exchange rate [Get app](https://www.moey.pt/)Monthly feeFreeIBAN?IBAN A Portuguese IBAN starts PT50. Some Portuguese employers and utilities still refuse foreign IBANs, which is unlawful under EU rules and reportable to Banco de Portugal. Portuguese (PT50)Card includedn/aEnglish supportPortuguese onlyOpening timeMinutes with CMDMore detailsFee waiverNo maintenance fee, no conditionsFree ATM networkMultibanco nationwide; unlimited free eurozone withdrawalsHow to openCartão de Cidadão + Chave Móvel Digital (standard); video-call route accepting residence permit documented by third-party guidesBranchesn/aDeposit protectionEUR 100 000 guaranteeContractsPortuguese onlyPrices as of August 2026, verify on the provider site. Best for Residents who want a full Portuguese account and are fine in Portuguese ## What Are Fintech Apps? Fintech apps and neobanks provide current accounts, debit cards, currency exchange, and savings tools through a mobile app. They usually have lower fees for travel and transfers than traditional banks. ## Do They Give a Portuguese IBAN? Revolut and N26 issue PT IBANs, which makes them compatible with local salary deposits, direct debits, and Multibanco. Wise and Bunq issue IBANs from other EU countries, which may not be accepted by all Portuguese service providers. ## Compare two providers Already down to two? Each comparison declares a winner on every criterion that decides the purchase. [Revolut vs N26](/finance/revolut-vs-n26)[Revolut vs MoeyRevolut wins 1 of the 5 computed criteria, moey! wins 0.](/finance/compare/revolut-vs-moey)[ActivoBank vs BankinterOn the structured fields these two are effectively tied: same fee, same protection band.](/finance/compare/activobank-vs-bankinter)[CGD vs Millennium bcpCaixa Geral de Depósitos wins 1 of the 5 computed criteria, Millennium BCP wins 0.](/finance/compare/cgd-vs-millennium-bcp)[Santander vs NovobancoSantander Portugal wins 3 of the 6 computed criteria, Novo Banco wins 0.](/finance/compare/santander-vs-novobanco)[Moey vs ActivoBankActivoBank wins 1 of the 5 computed criteria, moey! wins 0.](/finance/compare/moey-vs-activobank)[Wise vs RevolutRevolut wins 2 of the 5 computed criteria, Wise wins 0.](/finance/compare/wise-vs-revolut)[Banco CTT vs ActivoBankActivoBank wins 2 of the 5 computed criteria, Banco CTT wins 0.](/finance/compare/banco-ctt-vs-activobank)[Openbank vs N26On the structured fields these two are effectively tied: same fee, same protection band.](/finance/compare/openbank-vs-n26)[SMB vs Moeymoey! wins 1 of the 5 computed criteria, All deposit-taking institutions wins 0.](/finance/compare/smb-vs-moey)[Revolut Business vs Novobanco NegócioNovo Banco wins 1 of the 5 computed criteria, Revolut Business wins 0.](/finance/compare/revolut-business-vs-novobanco-negocio) ## Related Guides [### Revolut vs N26 Direct comparison.](/finance/revolut-vs-n26)[### Open Bank Account Local bank guide.](/finance/open-bank-account)[### Commercial Banks Traditional banks.](/finance/commercial-banks)[### Cards Abroad FX and travel.](/finance/cards-abroad) ## Frequently Asked Questions ### Is Revolut a bank in Portugal? Revolut operates as an electronic money institution and is licensed as a bank in the EU. It issues PT IBANs to Portuguese residents. ### Can I use N26 for salary? Yes, N26 issues Portuguese IBANs, so you can receive salary and set up direct debits. ### Are fintechs safe? They are regulated in the EU. Deposits at licensed banks may be covered by deposit guarantee; e-money balances are safeguarded but not guaranteed. --- Source: https://www.how-to-portugal.com/finance/fintech-apps Last updated: n/a Format: LLM-readable Markdown twin (.md) of the canonical HTML page.