No matter where you are, at home or abroad, you can access your bank account via the app, check your account balance, control your savings, get customer support, make payments and even lock your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.

Opening an account with a digital bank is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go.

Another main reason to use a digital bank is the low (or no!) fees. As an online platform with no physical branches, digital banks can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad.

Digital banks = borderless banking. Low exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, lock or unlock your debit card while you travel, directly in the app.

One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With digital banks everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.

Unlike traditional banks, some digital banks offer loans with a much simpler process. In most cases, if you apply for a loan and are approved, your funds will be transferred to your bank account within minutes of agreeing to the terms and conditions.