Bunq

What is Bunq?

Bunq is a European neobank that describes itself as a productivity app for personal and business banking. According to the app's documentation, its central feature is "Spaces" – sub-accounts that allow users to separate money into distinct buckets for budgeting, savings goals, or specific spending categories. The documentation also mentions an API that lets developers build custom banking tools on top of the platform. Bunq reports 14 million users and over €7 billion in deposits. A free tier is available alongside paid plans.

Who is Bunq for?

The app targets three main groups. Individuals can use Spaces to manage monthly budgets, set up savings goals (for example, a holiday or emergency fund), and organize their money without opening multiple accounts at different banks. People who prefer structured monthly envelopes for groceries, rent, and leisure may find the Spaces system useful. Business users get dedicated business account features, which the documentation says include real-time collaboration, expense management, and integrations. Developers and power users can access the Bunq API to automate transactions, sync data with other tools, or build custom financial dashboards. The public documentation outlines endpoints for account management, payments, and user data access. Bunq is restricted to the European Economic Area – the app does not list availability for non-European residents.

How much does Bunq cost?

The pricing page lists a free tier at $0 per month. This base plan includes a limited number of Spaces and basic account features. Paid plans exist with additional Spaces, higher transaction limits, and premium support. The documentation does not publish specific fee figures for overdrafts, foreign transactions, or ATM usage – those details are not disclosed in the public pricing materials available to this profile. Users interested in the full cost picture need to check the in-app pricing or contact support directly. The free tier may suit someone who wants to try the Spaces budgeting method without committing to a subscription. The paid plans are meant for users who need more Spaces, business banking tools, or API access. No percentage-based fees or dollar amounts beyond the starting price are stated in the official documentation.