Zenus Bank review

The monthly fee is $19.99, charged as a standing cost on the account. On our data that places Zenus Bank at 369 of 379 brands, so the charge is high against the rest of the field. Readers comparing on cost first should weigh that ranking before applying.

The card type is debit and it runs on the visa network. Debit card spending draws on the balance in the account rather than a credit arrangement. The card also sits alongside the features listed for the account, which are virtual card and travel.

Free ATM withdrawals come to $0, so cash machine use is not part of the included allowance. On free ATM withdrawals that places Zenus Bank at 38 of 104 brands in our data. Anyone who takes cash regularly should factor that into the running cost.

The listed features are virtual card and travel, so a virtual card and travel use are both part of the same account. That means online spending can use the virtual card while the physical debit card handles day to day purchases, without opening a second product.

Monzo Flex lists a monthly fee of £0, Wise lists £0 and Bitpanda lists €0. Zenus Bank charges $19.99, so the standing cost is where it parts company with the alternatives on price.

Not on the monthly fee, which stands at $19.99. The card side is straightforward, with a debit card on visa and a virtual card among the features, so the decision turns on the standing charge. People who want no standing charge can pick from the alternatives listed below.

It ranks 369 of 379 brands for monthly fee, and 38 of 104 for free ATM withdrawals. The monthly fee ranking is the weaker of the two, which is what pulls the cost picture down for anyone holding the account long term.