Nickel attracted up to 2 million subscribers in 2020. ThisNew Bank, born in France, is distinguished by its accessibility to all, in particular theexcluding banks. Have you ever imagined opening an account in a tobacco office? This is one of Nickel's unique assets. But who are the spirits behind this banking revolution?
The origins of Nickel
Nickel, the neo-bank which is changing the French banking sector, opens its services to populations often neglected by traditional banks. But who are the creators of this innovation? Let us take a closer look at their roles and the surprising services they offer.
Visionaries behind Nickel
Hugues Le Bret, former director of Boursorama, and Ryad Boulanouar, monetic engineer, are the founders of Nickel. First called No Bank, the company became Account-Nickel in 2014, with the mission of providing simple and unconditional banking services.
The acquisition by BNP Paribas
Nickel joined BNP Paribas in 2017, while maintaining its independence. This partnership allows Nickel to grow and gain credibility. BNP Paribas owns 95% of the shares while the Confederation of Buralists owns 5%.
Nickel in neobanks
Nickel is distinguished by the simplicity of its offers and the quick opening of accounts. Compared to Revolut or N26, Nickel favours physical outlets and a transparent model.
The various offers at Nickel
Let's decrypt Nickel's offers and their benefits to better understand its success with users.
Nickel Standard Card
For 20€/year (+25)€ This card allows a quick opening, a Mastercard and a RIB in 5 minutes. Perfect for daily use.
Nickel Chrome Card
For 30€/year (+25)€ Nickel Chrome offers travel insurance and reduced fees abroad, ideal for large travellers.
Nickel Metal Card
For 80€/year (+25)€ Nickel Metal offers full and zero-cost insurance in France and abroad. Perfect to avoid bank charges surprises.
Comparison of Nickel cards
| Map | Annual fee | Main services |
|---|---|---|
| Nickel Standard | 20€/year | Mastercard card, RIB, quick opening |
| Nickel Chrome | 30€/year | Travel insurance, reduced costs |
| Nickel Metal | 80€/year | Full insurance, zero fees in France and abroad |
Operation ofNickel account
Let's see how to open a Nickel account and use it daily.
Opening a Nickel account
You can open a Nickel account either in a tobacco partner office or online within minutes. Just one piece of identification, one phone number and 20 euros in cash.
Daily use of Nickel account
Once opened, the Nickel account allows deposits, withdrawals, and payments via the bank card or the Nickel mobile app.
Limitations and restrictions on Nickel account
Nickel imposes certain limits: 300 euros withdrawal per week and 1500 euros deposit per month. This is suitable for most users, especially those with modest incomes.
Nickel: a universal bank?
Nickel attracts a great diversity of people thanks to its accessibility and simplicity. An attractive option for many people.
The publics of Nickel
Nickel is popular with bank bans, young people and low-income people. More than half of clients have revenues below SMIC.
The advantages of Nickel
Key assets include fast account opening, no revenue requirements, high availability and transparent fees.
Nickel's disadvantages
Strengths and weaknesses
- Benefits:
- Quick opening, without conditions
- Accessibility for all
- Clarification of costs
- Disadvantages:
- No credit or overdraft
- Withdrawal costs for distributors
Safety and regulation at Nickel
Nickel uses advanced technologies such as two-factor authentication and biometrics. Artificial intelligence helps detect and prevent fraud.
Regulation and guarantees
Nickel is approved by the Prudential and Resolution Control Authority (ACPR), ensuring strict safety standards and enhanced customer protection.
Reputation and opinions of users
| Reliability | Note |
|---|---|
| Security | 4.7/5 on Apple Store |
Opinion on the Nickel account
Details
Simplicity, speed, accessibility, cash deposits
No savings product, withdrawal fees
| Reliability | Nickel account FAQ |
|---|---|
| Fees vary: 20€/year for Nickel Standard, 30€/year for Nickel Chrome, and 80€/year for Nickel Metal. Additional contributions may be added. |
You want to know who's behind Nickel Account? I'm telling you everything, without taboo.
Procédure d’ouverture de compte Nickel
Limites de retrait et dépôt avec Nickel
Frais des différentes cartes Nickel
Les frais varient : 20€/an pour Nickel Standard, 30€/an pour Nickel Chrome, et 80€/an pour Nickel Metal. Des cotisations supplémentaires peuvent s’ajouter.