What Are the Best Fintech Apps & Neobanks in Portugal? (2026)
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.
Jump to section
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
A 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
- Monthly fee
- Free
- IBAN
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 included
- n/a
- English support
- App and support
- Opening time
- Minutes
More details
- Fee waiver
- No maintenance fee, no conditions
- Free ATM network
- Unlimited free EEA ATM withdrawals for PT-IBAN customers (per DECO); fair-use elsewhere
- How to open
- App KYC with passport/ID; NIF requested for PT IBAN features
- Branches
- 0
- Deposit protection
- EUR 100 000 guarantee
- Contracts
- Portuguese only
Prices as of August 2026, verify on the provider site.
Best for Newcomers: opens without a registered Portuguese address, in English
Wise
Wise Account
Bank 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
- Monthly fee
- Free
- IBAN
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 included
- n/a
- English support
- App and support
- Opening time
- Minutes to 2 days (verification)
More details
- Fee waiver
- No maintenance fee
- Free ATM network
- 2 free withdrawals/month up to EUR 200 each
- How to open
- App KYC with passport/ID
- Branches
- 0
- Deposit protection
- EUR 0 guarantee
- Contracts
- Portuguese only
Prices as of August 2026, verify on the provider site.
Best for Newcomers: opens without a registered Portuguese address, in English
N26
N26 Standard
A 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
- Monthly fee
- Free
- IBAN
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 included
- n/a
- English support
- App and support
- Opening time
- Minutes
More details
- Fee waiver
- No maintenance fee, no conditions
- Free ATM network
- 3 free eurozone ATM withdrawals/month on Standard
- How to open
- App video/photo ID with accepted documents by nationality
- Branches
- 0
- Deposit protection
- EUR 100 000 guarantee
- Contracts
- Portuguese only
Prices as of August 2026, verify on the provider site.
Best for Newcomers: opens without a registered Portuguese address, in English
bunq
bunq Easy Savings
A 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
- Interest rate
- 3,01% gross, first 6 months
- Minimum deposit
- None
- Deposit protection
- EUR 100 000 guarantee
- Payout
- weekly
- IRS withholding
- Self-declared (Anexo J)
More details
- Notice period
- 0 days
Prices 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
No 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
- Monthly fee
- Free
- IBAN
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 included
- n/a
- English support
- App and support
- Opening time
- Same day in app
More details
- Fee waiver
- No maintenance fee; minimum opening EUR 100
- Free ATM network
- Multibanco nationwide; free debit withdrawals
- How to open
- App with CMD, Cartão de Cidadão, or passports of PT/ES/FR/IT + employment proof
- Branches
- n/a
- Deposit protection
- EUR 100 000 guarantee
- Contracts
- Portuguese only
Prices 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!
Zero 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
- Monthly fee
- Free
- IBAN
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 included
- n/a
- English support
- Portuguese only
- Opening time
- Minutes with CMD
More details
- Fee waiver
- No maintenance fee, no conditions
- Free ATM network
- Multibanco nationwide; unlimited free eurozone withdrawals
- How to open
- Cartão de Cidadão + Chave Móvel Digital (standard); video-call route accepting residence permit documented by third-party guides
- Branches
- n/a
- Deposit protection
- EUR 100 000 guarantee
- Contracts
- Portuguese only
Prices 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.
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.
Compare two providers
Already down to two? Each comparison declares a winner on every criterion that decides the purchase.
Community Q&A