When planning a trip abroad, it is important to consider the costs of card payments and cash withdrawals. The exchange rate used by the bank is just as critical as the transaction fee.
Exchange rates and bank margins
Banks apply an exchange rate that may include a margin. N26 Go offers 0% card conversion (Visa/Mastercard or market rate) with a monthly fee of 9.9 EUR. bunq Elite applies a 0.5% markup to the Mastercard rate (when markets are open) and has a monthly fee of 18.99 EUR.
UniCredit Konto osobiste uses the interbank rate with a 0.5% margin (0% for EUR and other pairs from the list). Millennium Konto Millennium 360° offers 0% conversion up to PLN 5,000/month, then 2% (Visa/Mastercard rate).
ATM withdrawals abroad
Withdrawal costs vary by currency and limits. For N26 Go, the first 5 withdrawals in EUR per month are free, then it is 2 € per withdrawal; for other currencies (e.g. PLN), there is no N26 fee. bunq Elite offers the first 6 withdrawals per month for free, the five after are €0.99, and thereafter €2.99 per withdrawal.
UniCredit Konto osobiste has a 0 zł bank fee for withdrawals. Millennium Konto Millennium 360° charges 0 zł or 5 zł (the tariff does not specify which applies when).
Protection of funds
All analyzed products include deposit protection. N26 Go (Germany) and bunq Elite (Netherlands) provide a guarantee up to 100,000 EUR. Millennium Konto Millennium 360° and UniCredit Konto osobiste (Poland) are protected by BFG up to 100,000 EUR.
Data: banks’ pages and fee tables in our database. General information, not financial advice.
