Business online banking comparator

Compare Qonto and other online business banking services. Comparison made on May 5, 2020.

Qonto Qonto Anytime Anytime Boursorama Boursorama N26 N26 Shine Shine
Legal forms SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales and associations Micro-entreprises Freelancers Micro-entreprises, EURL, EIRL, SASU, SARL, SAS
Monthly pricing From €9 (excl. VAT) From €9,50 (inc. VAT) From €9 (inc. VAT) Free From €3,90 (inc.VAT)
Capital Deposit €50 alone, or included in yearly pack €200 or included in a pack From €30 (exc. VAT) N/A €69 alone, or included in a pack
Card transactions in euros Unlimited Unlimited Unlimited Unlimited Unlimited
Non-euro card payment Free with the X card €0 per transaction 1,94% per transaction €0 per transaction 1,90% per transaction (with the Premium card)
ATM withdrawal Free with the X cars or €1 per withdrawal (with the One Card) €2 per withdrawal Free 5 free withdrawals, then €2 per withdrawal €1 per withdrawal (2 withdrawals per month for Premium users)
Payment limits Up to €60.000 per card on 30 rolling days with the X Card €30.000 per month (with a limit 5.000€ per day) €3.000 on 30 rolling days Unlimited No information
ATM withdrawal limits Up to €3.000 per card on 30 rolling days with the X Card €5.000 per month €920 on 7 rolling days €2.500 per day and max 20.000€ per month No information
In/out SEPA transfers in euros
Outgoing SEPA transfers in foreign currencies Between 0.70% & 0.90% per transfer (18 currencies) From 0,70% + €2,50 per transfer 0,1% (minimum transfer amount of €20) Transferwise pricing From 0.06% per turnover
Incoming SEPA transfers in foreign currencies Free Bank fees 0,1% (minimum transfer amount of €20) Free Bank fees
Debits SEPA debits + B2B SEPA debits included €2 per SEPA debit mandate Included SEPA direct debits available and free SEPA debits included
Card reader 1,75% on transaction amount + €19 for card reader (to pay once) with iZettle 1,50% on transaction amount + €19 for card reader (to pay once) 1,75% on transaction amount + €19 for card reader (to pay once) with iZettle N/A 1,49% on transaction amount + €19 for card reader (to pay once) with SumUp
Type of card provided Debit Mastercard card Debit Mastercard card Visa Premier card or Visa Classic card Mastercard card Prepaid Mastercard card
Checkbook
Check cashing
IBAN French IBAN French or British IBAN French IBAN IBAN depending on market French IBAN
Bank overdraft granted Maximum of €2.500 Overdraft is possible up to €10K for all German and Austrian customers
Qonto
Legal forms SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales and associations Micro-entreprises Freelancers Micro-entreprises, EURL, EIRL, SASU, SARL, SAS
Monthly pricing From €9 (excl. VAT) From €9,50 (inc. VAT) From €9 (inc. VAT) Free From €3,90 (inc.VAT)
Capital Deposit €50 alone, or included in yearly pack €200 or included in a pack From €30 (exc. VAT) N/A €69 alone, or included in a pack
Card transactions in euros Unlimited Unlimited Unlimited Unlimited Unlimited
Non-euro card payment Free with the X card €0 per transaction 1,94% per transaction €0 per transaction 1,90% per transaction (with the Premium card)
ATM withdrawal Free with the X cars or €1 per withdrawal (with the One Card) €2 per withdrawal Free 5 free withdrawals, then €2 per withdrawal €1 per withdrawal (2 withdrawals per month for Premium users)
Payment limits Up to €60.000 per card on 30 rolling days with the X Card €30.000 per month (with a limit 5.000€ per day) €3.000 on 30 rolling days Unlimited No information
ATM withdrawal limits Up to €3.000 per card on 30 rolling days with the X Card €5.000 per month €920 on 7 rolling days €2.500 per day and max 20.000€ per month No information
In/out SEPA transfers in euros
Outgoing SEPA transfers in foreign currencies Between 0.70% & 0.90% per transfer (18 currencies) From 0,70% + €2,50 per transfer 0,1% (minimum transfer amount of €20) Transferwise pricing From 0.06% per turnover
Incoming SEPA transfers in foreign currencies Free Bank fees 0,1% (minimum transfer amount of €20) Free Bank fees
Debits SEPA debits + B2B SEPA debits included €2 per SEPA debit mandate Included SEPA direct debits available and free SEPA debits included
Card reader 1,75% on transaction amount + €19 for card reader (to pay once) with iZettle 1,50% on transaction amount + €19 for card reader (to pay once) 1,75% on transaction amount + €19 for card reader (to pay once) with iZettle N/A 1,49% on transaction amount + €19 for card reader (to pay once) with SumUp
Type of card provided Debit Mastercard card Debit Mastercard card Visa Premier card or Visa Classic card Mastercard card Prepaid Mastercard card
Checkbook
Check cashing
IBAN French IBAN French or British IBAN French IBAN IBAN depending on market French IBAN
Bank overdraft granted Maximum of €2.500 Overdraft is possible up to €10K for all German and Austrian customers

How does an online banking comparator work?

As an entrepreneur, you absolutely need to compare the different offers from online banks or neobanks. The benefits might vary from an offer to the other!

Online banks and special features

Neobanks or banks don't own the same licences as traditional banks. However, they can offer similar services for a business bank account: payment cards, French IBAN, real time payments. They also have an edge: being digital only. You don't need to make an appointment to open a business account or to deposit your share capital. You can use the same services, but better!

Online banks and accounting services

Besides fees, you will also want to compare the bookkeeping services that online banks can provide. All entrepreneurs that have done accounting before will confirm it: it's an energy and time wasting task! Having the opportunity to execute it via a banking service will help you focus on your project.

Online banks and fees

To compare the bank fees is essential. Indeed, online banks don't offer the same price plans and they might differ a lot from one to another. Besides the opening fees, some extra-cost could apply for special features or options. A good indicator of your needs is the legal form of your company!

Compare customer services of online banking services for professionals

The customer service is key when talking about online banks. You have to make sure someone will be able to answer your questions when needed! To compare the different customer services, an entrepreneur can always check the review on the internet, but a qualitative comparator will help him to spot the best ones.