The digital revolution boosted the financial sector and led to the creation of online banks. These Internet-accessible facilities offer a multitude of services similar to traditional banks. They mainly target young people. Below, discover the various online banks available and their position on the market.
The best banks on the Internet
Internet banks offer modern and generally more economical alternatives to traditional banks. Here are the market leaders, their offers, and comparisons.
The advantages of banks via the Internet
Online banks have significant advantages over traditional banks:
- Reduced costs: Most online banks offer free current accounts and free bank cards. For example, Boursorama offers 200€ at the opening of an account with its Ultim card, while Monabanq offers up to 200€ Welcome bonus.
- Accessibility: Available 24/7 via a mobile app or website, these banks can manage their finances easily.
- Innovative services: In addition to basic services, they offer advanced features such as free instant bank transfers and unlimited virtual bank cards at Fortuneo.
How to choose your bank via the Internet
To choose a online bankinga few criteria must be considered:
- Costs : Compare account keeping fees, credit card fees and fees abroad.
- Welcome offers : Take into account the premiums offered when opening an account. For example, Boursorama offers 200€, and Orange Bank offers 50€ And cashback.
- Customer service : Check availability and quality of customer service. Monabanq is often recognized for its excellent customer service.
Comparison of banks by Internet
To guide you in your choice, here is a detailed comparison of the offers and services of the main banks via the Internet.
Comparison of welcome offers
| Bank | Welcome offer | Foreign expenses | Carte bancaire |
|---|---|---|---|
| Boursorama | 200€ | Free | Welcome, Ultim, Metal |
| Monabanq | 200€ and 4% savings | Free | Visa Classic, Premier |
| Fortuneo | 114€ | Free | Fosfo, Gold, World Elite |
| Orange Bank | 50€ Premium and Cashback | Variables | Visa |
Comparison of costs abroad
The fees charged by each bank for international transactions vary, but some are particularly competitive:
- Boursorama: Offer free fees abroad with the Ultim card.
- Fortuneo: Also offers free fees for withdrawals and payments abroad with its Fosfo and Gold cards.
- Monabanq: Very competitive with free fees abroad.
Customer opinions on banks via the Internet
Here is what users say about the main banks via the Internet. These testimonies can help you make an informed choice.
Opinions on Boursorama
Account opening and data transfer are very easy – Daniel.
Opinions on Monabanq
Fast and simple service. Everything is done online: it's great! - Maud.
Opinions on Fortuneo
The platform is easy and efficient, hyper-competitive rates – Antonin.
The best offers and promotions of banks via the Internet
Internet banks are known for their attractive offers and promotions. Here are the best current offers.
Welcome offers
Several online banks offer interesting bonuses:
To find out more about the free offers of digital banking institutions, see our guide on free online banks.
- Boursorama: 200€ opening an account with the Ultim card.
- Orange Bank: 50€ and cashback on purchases.
Promotions on bank charges abroad
Reduced or free fees for international operations are an argument of weight:
- Fortuneo: Offer free fees for international transactions with several of its cards.
- Boursorama: Offers competitive fees with the Ultim Metal card.
FAQs on banks via the Internet
Frequently asked questions can help you understand banks' services over the Internet and make your decision.
Are banks' Internet fees really free?
Yes, but under certain conditions. For example, online banks such as Boursorama and Fortuneo offer free management cards, provided that a minimum number of transactions are completed per month.
How Open an account in an Internet bank?
Opening an online account is easy and fast. Generally, you only need to complete an online form, provide supporting documents (identification document, proof of domicile, RIB), and make a first deposit. For example, for Boursorama, a first payment of 300€ is required for opening an account with the Welcome offer.
Is online transactions secure?
Online banks invest heavily in security. They use advanced technologies such as SSL encryption, two-factor authentication, and virtual banking cards. Fortuneo provides virtual banking cards to secure online shopping.