Nequi review

The monthly fee is COP 0, so the card costs nothing to keep. Nequi lists a single fee rather than a range of plans, and no higher tier to upgrade to. Spending is funded from the balance held in the Nequi account.

It is listed as a debit card, so purchases draw on the money in the account rather than extending credit. It runs on the visa network, so it is accepted wherever that network is accepted.

A virtual card is among the listed features, virtual card, so you can hold a card number for online payments without waiting for a physical card to arrive. The physical card is the debit card on the visa network.

The service runs through Nequi S.A., the legal entity named for the account. The wallet and the debit card sit under that same company, and the card itself carries a COP 0 monthly fee.

Nequi's monthly fee is COP 0. Wise charges £0, Monzo Flex charges £0 and Bitpanda charges €0, so the cost of holding a card is level across this group and the difference sits in what the account holds.

The card runs on the visa network as a debit card, so it works at cash points that take that network. The COP 0 monthly fee covers the card itself, and cash point charges are a separate question worth checking in the account terms.

Nequi's card is a debit card for spending from a wallet balance, and the features listed are virtual card. Bitpanda places its card inside an exchange account, so it fits people who want spending and trading side by side.