Slash Card vs Qonto
For spending abroad FX markup matters, and Slash Card does better (1% vs 2%). In our editorial rating Qonto leads (4.5 vs 4.0). The choice depends on your real spending profile: redo the math with your volumes before picking between Slash Card and Qonto.
| Slash Card | Qonto | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.0 | ★ 4.5 |
| Estimated net annual cost | — | €0 |
| Account fee | Free | Free |
| Network | Visa | — |
| ATM withdrawal | Free | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | US | EEA · 6+ countries |
| 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% |
| Regulator | — | ACPR |
| Regions | US | EU/EEA |
| Licences & safety | Money Services Business (FinCEN) | Payment Institution |
Frequently asked questions
Slash Card vs Qonto: which is better?
For spending abroad FX markup matters, and Slash Card does better (1% vs 2%). In our editorial rating Qonto leads (4.5 vs 4.0). The choice depends on your real spending profile: redo the math with your volumes before picking between Slash Card and Qonto.
Which is cheaper, Slash Card or Qonto?
On the standard spending profile Qonto has the lowest net annual cost: €0 versus — for Slash Card.
Is Slash Card custodial or self-custody?
Slash Card is custodial: funds are held by the platform, while Qonto is custodial.
Which is better for spending abroad?
For foreign-currency spending Slash Card wins, with the lowest FX markup: 1%.