Updated September 29, 2026 · DebitCue Editorial Team
Airwallex vs bunq Spain
Airwallex
Higher score in this comparison
bunq Spain
What sets them apart
| Compare | AirwallexReviewVisitVisit | bunq SpainReviewVisitVisit |
|---|---|---|
| Monthly fee | £0 | €0 |
| Currency conversion fee | 0.5% | 0.5% to 3% |
| Card network | Visa | Mastercard |
| Currencies | 20Higher | 8 |
| Cashback rate | 2% | Not confirmed |
Same on both: Card type (Debit).
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Key differences
- Airwallex scores higher overall: 9.0 vs 8.8.
- Founded is lower at bunq Spain: 2012 vs 2015.
- Airwallex is licensed in 1 more country.
- Airwallex is available in 16 more countries.
- Currencies is higher at Airwallex: 20 vs 8.
- Support channels: only Airwallex offers Help centre, Phone.
- Support channels: only bunq Spain offers Email.
- Features: only bunq Spain offers Crypto.
- Audience: only Airwallex offers Business.
- Audience: only bunq Spain offers Student.
Our verdict on each
Airwallex
Airwallex suits businesses that hold and spend across several currencies, pairing a £0 monthly fee with 20 currencies, virtual cards and support by phone. The trade-off sits in conversion, where fees run 0.5%, a step above the cheapest rate on a comparison of 259 brands.
bunq Spain
bunq Spain suits students and frequent travellers who want a multi-currency account with a Mastercard debit card and no annual fee. It is a Dutch account from bunq B.V., supervised by De Nederlandsche Bank, and currency conversion is the cost that matters, since fees run 0.5% to 3% on each exchange.
Score breakdown
| Area | Airwallex | bunq Spain |
|---|---|---|
| Cost | 9.2Monthly fee of £0 ranks 1 of 419, while conversion fees of 0.5% sit at 115. | 9.2Monthly fee of €0 and annual fee of €0, with conversion fees of 0.5% to 3% the only listed charge. |
| Offer | 9.4HigherMulti-currency, virtual cards and travel use are listed features, with cashback of 2% on spend. | 8.9 |
| Trust | 8.6Higher | 8.5 |
Licences and countries
| Country | Airwallex | bunq Spain |
|---|---|---|
| Netherlands | De Nederlandsche Bank (DNB) R179622 | |
| Singapore | Monetary Authority of Singapore (MAS) PS20200541 | Not confirmed |
Available in 1 country for both. Additional countries for Airwallex: 16.
A third option
Nexo has currencies at 100, against 20 for Airwallex and 8 for bunq Spain.
Nexo reviewWhat we checked
Airwallex
- airwallex.com: 7 facts, checked September 26, 2026
- play.google.com: 2 facts, checked September 26, 2026
- recordowl.com: 1 fact, checked September 26, 2026
- sgpbusiness.com: 1 fact, checked September 26, 2026
- transferfees.io: 1 fact, checked September 26, 2026
bunq Spain
- bunq.com: 11 facts, checked September 26, 2026
How they place
| Ranking | Airwallex | bunq Spain |
|---|---|---|
| Debit cards | 4 of 1336 | 8 of 1336 |
| Credit cards | 2 of 1020 | 6 of 1020 |
| Travel cards | 2 of 443 | 6 of 443 |
Every fact side by side
| Fact | Airwallex | bunq Spain |
|---|---|---|
| Features | Multi currency, Virtual card, Travel | Multi currency, Crypto, Virtual card, TravelCovers more |
| Audience | Business | Student |
| Legal entity | Airwallex (Singapore) Pte. Ltd. | bunq B.V. |
| Headquarters | Singapore | Netherlands |
| Founded | 2015 | 2012Lower |
| Support channels | Help centre, Phone, Chat | Email, Chat |
Credit cards
| Fact | Airwallex | bunq Spain |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| Pricing model | Not confirmed | No annual fee |
| Card kind | Not confirmed | Credit |
Where each stands against the rest
| Fact | Airwallex | bunq Spain | Median |
|---|---|---|---|
| Currency conversion fee | 0.5%below the median | 0.5% to 3%below the median | 1% |
| Cashback rate | 2%at the median | Not confirmed | 2% |
| Currencies | 20above the median | 8at the median | 8 |
Median across 387 listed cards.
Pros and cons
Airwallex
Pros
- A monthly fee of £0 and a rank of 1 on 419 brands for this measure
- Accounts cover 20 currencies, so several balances can sit side by side
- Virtual cards and travel use are listed features, so staff spend and trips stay in the same place
Cons
- Conversion fees run 0.5%, so converting larger amounts costs more than at the cheapest rivals
- Cashback of 2% is small next to that conversion cost on cross-currency spend
- The account is aimed at business, so personal everyday spending sits outside its remit
bunq Spain
Pros
- The free plan carries a monthly fee of €0 and an annual fee of €0, so holding the account costs nothing.
- You can hold 8 currencies in one account, and the free plan lists multi-currency, crypto, virtual card and travel features, multi currency, crypto and virtual card.
- The card runs on Mastercard, mastercard, and is a debit card, debit, so spending comes from the balance you hold.
Cons
- Conversion is the one charge to plan for: fees run 0.5% to 3% for bunq Spain, and the site median is 1%.
- Support runs on email and chat, email and chat, with no phone channel listed.
Who each suits
Airwallex
Who it suits
- Businesses paying suppliers or contractors in other currencies
- Companies with staff travelling for work
- Startups keeping several currency balances side by side
Who should look elsewhere
- Single-currency spenders, who would get more from Wise
- Travellers wanting fee-free conversion, since fees run 0.5% here against 0.1% at Wise
- Households after a personal everyday card, where Varo Believe Secured Credit Card or Chime Card (Secured Visa Credit Card) fit better
bunq Spain
Who it suits
- Students, the listed audience, student, who want a debit card and a virtual card without an annual fee.
- People who hold or spend in several currencies, with 8 currencies supported and multi-currency on the feature list, multi currency, crypto and virtual card.
- Travellers who want a Mastercard debit card, mastercard, and a clear exchange cost before they travel.
Who should look elsewhere
- Varo Believe Secured Credit Card, if you want to build credit rather than spend from a multi-currency balance.
- Wise, if you would rather choose on travel conversion cost alone, since its annual fee is also £0.
- Chime Card (Secured Visa Credit Card), if a secured credit card with an annual fee of $0 suits you better than a debit account.
Country by country
| Country | Airwallex | bunq Spain |
|---|---|---|
| Australia | Yes | No |
| Canada | Yes | No |
| China | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
| Hong Kong | Yes | No |
| Israel | Yes | No |
| Japan | Yes | No |
8 of 17 countries where either is available.
Questions about each
Airwallex
What does it cost to hold an Airwallex account?+
The monthly fee is £0, so keeping the account open adds no recurring cost, and Airwallex ranks 1 of 419 brands on this measure. Conversion is the charge that follows, and it is listed separately.
What is the currency conversion fee on Airwallex?+
Conversion fees run 0.5%, which sits above the cheapest conversion available, and Airwallex ranks 115 of 259 brands on this measure. Converting only when the trade rate is worth the fee keeps that cost under control.
bunq Spain
What does bunq Spain cost to keep open?+
The free plan carries a monthly fee of €0 and an annual fee of €0, so there is nothing to pay for the account itself. The charge worth planning for is currency conversion, which is priced separately on each exchange you make.
What does it cost to convert currency?+
Conversion fees run 0.5% to 3% on every exchange, which is the main ongoing cost of the account. You can hold 8 currencies, so keeping a balance in the currency you spend in can cut how often you convert and what you pay.