No fees whenever possible — live list on yuh.com/en/pricing
£0
Protection
LPS on eligible deposits at PT Krom Bank Indones
LPS on eligible deposits at PT Bank Jago Tbk — c
LPS on eligible deposits at PT Bank SMBC Indones
Yuh itself is not a bank. Banking sits at Swissq
FSCS up to £120,000 per depositor per bank (Chas
Card
visa
visa
visa
mastercard
mastercard
Users
Digital-bank scale
Digital-bank scale
SMBC Indonesia digital
Swiss all-in-one app
UK digital bank
Full alternatives
#1 alternative
Bank Jago
active
OJK digital bank. LPS. Gojek in the cap table is distribution, not the deposit.
4.7
Jakarta · Digital-bank scale · Listed / Gojek-era shareholders
7.0Solid
PT Bank Jago Tbk is an OJK bank, Bank Indonesia-supervised, LPS participant. Jago Syariah is the Islamic SKU, DSN-MUI and a Sharia board. Gojek is a shareholder and a channel. The deposit is Jago. Krom is the other Indonesian digital bank on this desk.
Best for: Indonesia residents who want an OJK bank with a Gojek-era app, including a Sharia SKU.
Why it beats Krom Bank
Named OJK bank
LPS
Sharia SKU with DSN-MUI
Watch-outs
Indonesia-resident
Gojek is not the licence
Krom / SeaBank are the local comps
Licence
Bank — PT Bank Jago Tbk. Jago Syariah is the Sharia SKU
Protection
LPS on eligible deposits at PT Bank Jago Tbk — confirm live cap
SMBC Indonesia (ex BTPN) digital brand. OJK. LPS. Not the US Jenius Bank file.
4.4
Jakarta · SMBC Indonesia digital · SMBC / BTPN
6.8Mixed
Jenius is PT Bank SMBC Indonesia Tbk’s digital brand (the BTPN name is still on old tiles). OJK, BI, LPS. $Cashtag is a product, not a licence. The US Jenius Bank file is SMBC MANUBANK’s American experiment — wound down, deposits sold to Axos in May 2026. Two countries. Two objects.
Best for: Indonesia residents who want a big-bank digital current at SMBC Indonesia, not a 2020 startup.
Why it beats Krom Bank
Named OJK bank behind the brand
LPS
Pioneer digital SKU in ID
Watch-outs
App ratings are mixed
Not the US Jenius Bank (dead)
Indonesia-resident
Licence
Digital brand of PT Bank SMBC Indonesia Tbk (ex BTPN)
Protection
LPS on eligible deposits at PT Bank SMBC Indonesia Tbk — Jenius is the skin
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.
Why it beats Krom Bank
Official line: Yuh is not a bank
Swissquote Bank Ltd is named
esisuisse CHF 100,000 is printed
Watch-outs
Shared cap with any Swissquote cash you already hold
Swiss residency
Not Zak, not Neon, not Alpian
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
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.
Why it beats Krom Bank
Real UK bank, not an EMI
FSCS £120,000
£0 monthly
Watch-outs
UK residents only
No overdraft
App-only
Licence
UK bank
Protection
FSCS up to £120,000 per depositor per bank (Chase UK FSCS page) at J.P. Morgan Europe Limited.
Calgary fintech. Not an OSFI bank. Eligible cash sits in trust at CDIC-member institutions.
Calgary · Canadian fintech · Private
6.8Mixed
Neo Financial is not a bank. Neo Financial Technologies Inc. is a Calgary fintech, a FINTRAC money-services business and a payments-Canada PSP. CDIC cover, when it applies, follows the member institution that holds the funds in trust — Peoples Bank of Canada is named on the HISA. File it as a Canadian app with a partner-bank deposit, not as EQ Bank.
Best for: Canadian residents who want the Neo app and will read which CDIC member holds the cash.
Why it beats Krom Bank
Honest CDIC explainer on the help centre
No monthly fee on chequing
HISA names Peoples Bank of Canada
Watch-outs
Not a bank
CDIC is via partner or trust, not Neo itself
Chequing DTI is not always named
Licence
MSB and payment service provider
Protection
Neo is not a CDIC member. Eligible funds held in trust at CDIC-member institutions can be covered up to CAD $100,000 per beneficiary per member institution.
Monthly
$0 monthly on chequing, on the September 2026 agreement
Zak is Bank Cler’s digital account. Swiss IBAN, FINMA bank, esisuisse up to CHF 100,000.
Basel · Bank Cler digital · Basler Kantonalbank
7.5Solid
Zak is not a neobank startup. It is Bank Cler’s app. Bank Cler AG is a FINMA bank in Basel, owned by Basler Kantonalbank. You get a Swiss IBAN and esisuisse cover up to CHF 100,000. File it next to Yuh and Neon, but remember the difference: Yuh is Swissquote. Zak is Bank Cler. Neon is still Neon.
Best for: People who live in Switzerland and want a real CHF IBAN without a fintech wrapper.
Why it beats Krom Bank
The account is Bank Cler, a FINMA bank
esisuisse CHF 100,000
CHF 0 on the core Zak plan
Watch-outs
Swiss residence required
Not for non-residents
FX is not Wise
Licence
Swiss bank (Bank Cler AG)
Protection
esisuisse up to CHF 100,000 per client at Bank Cler AG.
