Anadi Bank review

The Kontokarte has a monthly fee of €0, so there is nothing to pay for holding the account each month. Readers weighing cards purely on cost should also look at Monzo Flex, whose plan carries £0.

Anadi Bank issues a debit card for its Kontokarte, so money comes straight from the account balance rather than from a prepaid balance. It runs on the mastercard network, so the card works wherever that scheme is accepted.

The account is operated by Austrian Anadi Bank AG, which is based in Austria. The bank is supervised by the Finanzmarktaufsichtsbehoerde (FMA), so the card is issued by a regulated Austrian bank rather than an unlisted issuer.

Support is handled through email and phone, so email and phone are the two routes offered for questions about the account or the card. Chat and a help centre are not in that list, so a phone call or an email is the way to reach a person.

Anadi Bank is headquartered in Austria, and the account comes from Austrian Anadi Bank AG. The Kontokarte is the account behind the card, so the card is issued against the bank account rather than standing on its own as a prepaid balance.

On the monthly fee there is no gap: Anadi Bank charges €0, Monzo Flex charges £0 and Wise charges £0. The choice comes down to where the account sits and which network the card runs on, not the fee.

Treat it as an ordinary bank card. It is a debit card on the mastercard network, so it covers shops, subscriptions and travel in the same way as a current account card, and the account carries a monthly fee of €0.