Best Lift Bank alternatives

#1 alternative

Nubank

active

Latin America’s default digital bank, listed in New York.

4.7

São Paulo · 100M+ · Public (NU)

8.1Strong

If you live in Brazil, Nu is the control account every comparison starts from. If you do not, skip it.

Best for: Residents of Brazil (and Nu’s other LATAM markets) who want the default digital bank.

Licence

Financial institution / credit card issuer

Protection

FGC on qualifying deposit products up to R$250,000

Monthly

No annual fee on core card

#2 alternative

Inter

active

Banco Inter S.A. Brazilian bank. BCB. FGC. Super-app, not a wallet.

4.9

Belo Horizonte · Tens of millions · Listed

7.3Solid

Banco Inter S.A. is a Brazilian bank. BCB. FGC up to R$250,000 on eligible deposits. Belo Horizonte. The orange app is a bank, a shop and a broker. Score the deposit as FGC. Score the shop as a shop. Nubank is the other giant on this desk. Inter is not a wallet.

Best for: Brazil residents who want a listed BCB bank with a super-app, not only Nubank.

Licence

Multiple bank — Banco Inter S.A.

Protection

FGC up to R$250,000 per CPF per institution on eligible deposits

Monthly

Free current-account pitch — confirm live

#3 alternative

Agibank

active

Brazilian bank for people the branches ignored. FGC, not a wallet.

Porto Alegre · 6M+ · Listed (Agi Inc. / NYSE path 2026)

6.8Mixed

Agibank is a Banco Central bank with FGC. Put it next to Nubank as a different object: hubs and payroll credit versus a purple card. Do not list it as a fintech wallet.

Best for: Brazilians who want a bank that still has a human desk, with FGC on the deposit.

Licence

Bank (Banco Agibank)

Protection

FGC up to R$250,000 per CPF per member institution on eligible deposits

Monthly

Pack-dependent

#4 alternative

11Onze

active

Catalan community fintech. El Canut is the app, not a Banco de España bank.

Barcelona · Community-scale · Member / community-era

6.2Mixed

11Onze is a Catalan fintech community. El Canut can show an IBAN and a card. That is not Abanca. Keep a Spanish credit-institution account for salary if you want FGD. Score the app as a wallet and a gathering place, not as a bank.

Best for: Catalan users who want a community app and already keep salary at a real bank.

Licence

Fintech community / wallet — not a Spanish credit institution

Protection

Not Spanish FGD unless a named bank holds the balance. Treat El Canut as a wallet + aggregator until the statement names a credit institution.

Monthly

Account SKUs — confirm live

#5 alternative

albo

active

Mexican IFPE. CNBV payments licence. Not IPAB. Not a bank.

Mexico City · Millions in MX · Series-era LatAm fintech

6.5Mixed

albo is an IFPE. Write that on the card. IPAB does not follow the brand. If you need a Mexican bank deposit, wait for a banco licence or use a bank. The Mastercard is a spend rail.

Best for: Mexico-resident users who want a CNBV-authorised payments account and will keep IPAB money at a bank.

Licence

IFPE (institución de fondos de pago electrónico)

Protection

Not IPAB. IFPE balances are a payments product, not a bank deposit. Nu México’s bank conversion is a different file.

Monthly

Freemium / plus SKUs — confirm live

#6 alternative

Algbra

active

UK ethical / Sharia-screened EMI. FCA FRN 952360. Not FSCS.

London · UK ethical-fintech scale · EMI-era

6.5Mixed

Algbra is an EMI. FSCS stays with Starling and Monzo. Use this for screened spend, not rent. The 2025 Mastercard principal-issuer step is a card fact, not a bank licence.

Best for: UK residents who want a screened spend account and will keep salary at Starling or Monzo.

Licence

Authorised EMI — Algbra FS UK Limited, FRN 952360

Protection

Safeguarded e-money, not FSCS. Algbra’s own copy says the scheme covers banks, not EMIs.

Monthly

Confirm live ethical-account tariff