5 Key Factors for Choosing a New Bank Account

Explore essential factors for choosing a new bank account, from security to sustainability.

March 29, 2023
A woman with glasses smiling while working on a laptop, seated on a beanbag chair in a bright, cozy room.
A woman with glasses smiling while working on a laptop, seated on a beanbag chair in a bright, cozy room.

When it's time to open a new bank account, the options can feel overwhelming. With so many choices out there, how do you find the perfect fit for your needs? In this blog post, we'll explore five key factors to consider when choosing a new bank account. Let's dive in!

1. Online Banking Features

In today's digital world, having access to online banking is essential. Look for banks that offer user-friendly apps and websites, making it easy to manage your finances on the go. For example, bunq offers features like instant payments and easy budgeting, ensuring you have full control over your money.

2. Interest Rates

Your hard-earned money should be working for you! When comparing bank accounts, pay attention to the interest rate offered on savings accounts. Higher interest rates mean more money in your pocket. Check out bunq's MassInterest feature, which offers competitive interest rates to help your savings grow.

3. International Services

If you're a globetrotter or frequently send money abroad, it's crucial to choose a bank that supports international transactions. Look for banks that offer services like Local IBANs and ZeroFX fees to make managing your money across borders a breeze.

4. Sustainability

More and more people are prioritizing sustainability in their lives, and banking is no exception. Look for banks that are committed to sustainable practices, like bunq's initiative to plant a tree for every €100 spent using their Green Card.

5. Security & Protection

Last but not least, ensure that your chosen bank takes security seriously. Features like biometric ID and deposit protection can provide peace of mind, knowing that your money is safe and secure.

Conclusion

Finding the perfect bank account doesn't have to be daunting. By considering these five key factors, you'll be well on your way to choosing an account that meets your unique needs. Whether it's top-notch online banking features, competitive interest rates, or a commitment to sustainability, bunq has got you covered. Open your bunq account today and experience banking with a difference!

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Open your account in just 5 minutes, directly from your phone.

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Open your account in just 5 minutes, directly from your phone.

Find your perfect fit

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bunq Free

Free

The essentials to get you started.

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bunq Core

€3.99/month

The bank account for everyday use.  

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bunq Pro

€9.99/month

The bank account that makes budgeting easy.

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bunq Elite

€18.99/month

The bank account designed for your international lifestyle.

Find your perfect fit

Simple blue diamond icon on a dark background, symbolizing premium or high-value service.

bunq Free

Free

The essentials to get you started.

Green diamond with a sparkle on the top-right, representing premium or elite status feature.

bunq Core

€3.99/month

The bank account for everyday use.  

Dark blue diamond icon with two sparkles, indicating an upgraded or polished premium feature.

bunq Pro

€9.99/month

The bank account that makes budgeting easy.

Magenta diamond icon with multiple sparkles, conveying luxury or excellence.

bunq Elite

€18.99/month

The bank account designed for your international lifestyle.

Find your perfect fit

Simple blue diamond icon on a dark background, symbolizing premium or high-value service.

bunq Free

Free

The essentials to get you started.

Green diamond with a sparkle on the top-right, representing premium or elite status feature.

bunq Core

€3.99/month

The bank account for everyday use.  

Dark blue diamond icon with two sparkles, indicating an upgraded or polished premium feature.

bunq Pro

€9.99/month

The bank account that makes budgeting easy.

Magenta diamond icon with multiple sparkles, conveying luxury or excellence.

bunq Elite

€18.99/month

The bank account designed for your international lifestyle.