BO2 by Byblos Bank review

The monthly fee is $0, so keeping the account open carries no recurring charge. The costs that do apply sit elsewhere, with currency conversion fees of 3% to 4.5% coming into play whenever a card is used in a currency the account does not hold.

The currency conversion fee is 3% to 4.5%. That charge is the one to watch for cardholders who spend abroad or in a currency they do not hold, and it sits against a monthly fee of $0 that adds nothing to the cost of keeping the account.

It is a debit card and it runs on the Visa network, so it draws on money in the bank account behind it. Features listed for the account include a virtual card as well as multi-currency and travel tools.

The account covers 7 currencies, with multi-currency and travel features among the tools on offer. Holding a balance in the currency of a trip tends to matter more than the count itself, especially where conversion fees of 3% to 4.5% apply.

The free ATM withdrawal allowance is $0, so cash machine withdrawals are not free. That suits people who mostly spend from the card balance and take out cash only occasionally, and suits travel wallets less well.

BO2 is operated by Byblos Bank S.A.L., headquartered in Lebanon, and the service was founded in 2025. It is a bank account rather than a standalone card product, with a monthly fee of $0 and multi-currency tools on the account itself.

The multi-currency, virtual-card and travel features point at readers who move between currencies and want a debit card for everyday spending. A monthly fee of $0 suits casual use, while conversion fees of 3% to 4.5% reward holding balances in the currency being spent.

The three alternatives all list a monthly fee of £0, £0 and €0 respectively, so the account fee alone does not separate them. BO2's own figures are $0 each month and 3% to 4.5% to convert.