Meow Card vs Qonto

For spending abroad FX markup matters, and Qonto does better (2% vs 3%). In our editorial rating Qonto leads (4.5 vs 4.0). In short: Meow Card if your usage matches its strength, Qonto otherwise — the numbers above beat any slogan.

Meow Card Qonto
Tier B A
Rating ★ 4.0 ★ 4.5
Estimated net annual cost €0 €0
Account fee Free Free
Network Visa
ATM withdrawal not declared not declared
Fund custody Custodial (platform holds funds) Custodial (platform holds funds)
KYC Full Full
Supported countries US · 1+ countries EEA · 6+ countries
Regulator SEC, FDIC (via banche partner) ACPR
OAM Italy registration No
Segment B2B B2B
IBAN dedicato · FR, DE, IT, ES
Multi-currency No (single currency)
Outbound transfers to third-party IBANs Yes
Utility direct billing Yes
SEPA direct debit (SDD) Yes
On-chain crypto withdrawal No
SEPA transfer Free
Interest on balance 2%
Regions US EU/EEA
Licences & safety FDIC (banche partner: Cross River Bank, Grasshopper Bank, N.A.), SEC-registered investment adviser (Meow Advisory LLC) Payment Institution
Meow Card 4.0/5 · Tier B
Qonto 4.5/5 · Tier A

Frequently asked questions

Meow Card vs Qonto: which is better?

For spending abroad FX markup matters, and Qonto does better (2% vs 3%). In our editorial rating Qonto leads (4.5 vs 4.0). In short: Meow Card if your usage matches its strength, Qonto otherwise — the numbers above beat any slogan.

Which is cheaper, Meow Card or Qonto?

On the standard spending profile Meow Card has the lowest net annual cost: €0 versus €0 for Qonto.

Is Meow Card custodial or self-custody?

Meow Card is custodial: funds are held by the platform, while Qonto is custodial.

Which is better for spending abroad?

For foreign-currency spending Qonto wins, with the lowest FX markup: 2%.