PSD Bank Nürnberg review

The current account carries a monthly fee of €2.90, and that is the standing cost to plan around. Rivals on this list are cheaper: Monzo Flex charges £0 a month and Wise charges £0.

It is a debit card, so the money is drawn from the current account balance each time you pay rather than from a prepaid store of credit. That makes it a card for everyday account money rather than a card built around a stored balance.

The card runs on visa, so acceptance follows the usual coverage for that scheme. Across the cards listed on HodlCue, 57.6% run on the same network, which makes it the most common choice in this category.

The account is provided by PSD Bank Nürnberg eG, a named bank entity, so the balance is held in a bank account rather than with an exchange or wallet operator. The card and the account sit with the same provider, which keeps the setup simple for anyone already banking there.

Not on fees. The current account costs €2.90 a month, while Monzo Flex lists £0, Wise lists £0 and Bitpanda lists €0. Readers who want a free account are served better by one of those alternatives.

It suits people who hold a current account with PSD Bank Nürnberg eG and want a debit card for everyday spending. Readers who want no standing fee, a prepaid balance or a card for holding crypto balances will find those needs served elsewhere in this category.

On cost, the account ranks 331 out of 379 brands by monthly fee, with a cost score of 1.3. Monzo Flex and Wise sit at £0 a month, so the gap comes from the monthly charge rather than the card network visa.