Best Ancoria Bank alternatives

#1 alternative

MeDirect

active

MFSA credit institution plus Belgian subsidiary. Depositor Compensation Scheme €100k. Savings and investments, not a pink current-account toy.

4.5

Sliema / Brussels · ~180,000 (MT+BE) · MDB Group

6.9Mixed

MeDirect Bank (Malta) plc is an MFSA credit institution, C34125. MeDirect Bank SA is the Belgian subsidiary. Depositor Compensation Scheme up to €100,000 per bank — two entities, two caps, do not invent a third. Savings and funds are the religion. N26 is a German current account. This is a Maltese (and Belgian) savings bank with an app. Read the entity on the statement.

Best for: Maltese or Belgian residents parking EUR at a named bank with an investment sleeve.

Licence

Credit institution — MeDirect Bank (Malta) plc, C34125

Protection

Maltese Depositor Compensation Scheme up to €100,000 at MeDirect Bank (Malta) plc. Belgian scheme on the Belgian subsidiary — do not double-count across the two banks.

Monthly

Savings / investment packaging — confirm live

#2 alternative

Moneybase

active

Maltese financial institution, not a credit institution. Segregated client funds. Not DCS bank deposits.

Malta · Malta / EU payment account · Private

6.8Mixed

Moneybase’s safety page is the review: they are not a credit institution; they are an MFSA-licensed financial institution for payment services; client funds sit in segregated accounts at the Central Bank of Malta and EU credit institutions. That is safeguarding. The Maltese Depositor Compensation Scheme up to €100,000 is for banks. MeDirect Bank (Malta) plc is the bank on this market. If a directory called Moneybase a neobank deposit, it lied. Use it as a payments account. Keep salary at a credit institution if you need DCS.

Best for: People who want a Maltese EUR payment account and understand it is not a bank deposit.

Licence

Financial institution (payment services) — not a credit institution

Protection

Official safety page: Moneybase is not a credit institution. Licensed financial institution authorised by the MFSA to provide payment services. Customer funds are banked in segregated client accounts with the Central Bank of Malta and credit institutions in AAA countries. That is safeguarding, not the Maltese Depositor Compensation Scheme for banks. MeDirect is the bank file on this market.

Monthly

Confirm live

#3 alternative

Revolut

active

Digital bank and e-money app. Licence depends on the entity.

4.7

London · 50M+ · $1.7B raised · ~$45B val.

8.6Strong

The default comparison set for a reason. Treat the UK bank product and the e-money wallet as different legal objects, then Revolut wins most travel and multi-currency briefs. It is not the quietest home for a salary if you want a full-licence high-street feel — that is still Starling or Monzo in the UK.

Best for: People who live in more than one currency and want one app for spend, FX, and extras.

Licence

UK bank (eligible customers)

Protection

Eligible deposits at Revolut Bank UK Ltd: FSCS up to £120,000 per person (scheme cap from 1 Dec 2025; Revolut FSCS sheet). Revolut Ltd e-money is safeguarded, not FSCS (UK personal terms, 11 Dec 2025). New customers from 11 March 2026 may still be onboarded onto an EMI account with Revolut Ltd.

Monthly

Free · Plus/Premium/Metal/Ultra paid

#4 alternative

Wise

active

The mid-market FX rail everyone else is measured against.

4.7

London · 16M+ · Public (WISE)

8.6Strong

The control for cross-border. Pair with a licensed local bank for salary protection. Never describe Wise personal as a UK bank account.

Best for: Anyone who receives or sends money across borders for a living.

Licence

EMI (personal)

Protection

Safeguarded e-money at Wise Payments Limited — not FSCS. Wise’s own help: they do not lend customer balances; safeguarding is not a deposit-guarantee scheme. Local account details may sit at partner banks (US: Community Federal Savings Bank in some states).

Monthly

Free personal · Wise Business subscription optional

#5 alternative

Yuh

active

Yuh is not a bank. Swissquote Bank Ltd is. esisuisse cover is CHF 100,000, shared.

Gland · Swiss all-in-one app · Swissquote (100% after July 2025)

7.6Solid

Yuh is not a bank. The English homepage says it in one paragraph: Swissquote Bank Ltd provides the banking, FINMA authorises that bank, and esisuisse cover is CHF 100,000 shared with Swissquote. July 2025 ended the PostFinance joint venture. If you already hold cash at Swissquote, do not count CHF 100,000 twice. Zak is Bank Cler. Neon sits at Hypothekarbank Lenzburg. Read those files separately.

Best for: People who live in Switzerland and want spend plus invest, and who accept Swissquote as the bank.

Licence

Fintech app — not a bank

Protection

Yuh itself is not a bank. Banking sits at Swissquote Bank Ltd, FINMA-authorised. esisuisse covers eligible deposits up to CHF 100,000. Yuh and Swissquote are one entity, so the cap is shared.

Monthly

No fees whenever possible — live list on yuh.com/en/pricing

#6 alternative

Chase UK

active

J.P. Morgan Europe Limited trading as Chase. UK bank, PRA/FCA, FSCS up to £120,000.

London · UK digital bank · JPMorgan Chase

7.6Solid

Chase UK is a bank. The legal name is J.P. Morgan Europe Limited. PRA-authorised, FCA-regulated, FSCS up to £120,000. It is a useful UK current account with honest travel spend. It is not Revolut’s multi-country stack and not a US Chase login. UK tax residents only.

Best for: UK residents who want a JPMorgan current account in an app, with FSCS, and cheap travel spend.

Licence

UK bank

Protection

FSCS up to £120,000 per depositor per bank (Chase UK FSCS page) at J.P. Morgan Europe Limited.

Monthly

£0