Is Qonto or Wise better?

Neither clearly leads. Qonto starts at €9/month and Wise at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, Qonto or Wise?

Wise has a free tier; the other does not. Paid plans start at €9/month for Qonto and Free for Wise.

Does Qonto or Wise run on more platforms?

Qonto runs on Web. Wise runs on Web, IOS, Android.

Can I use Wise for free?

Yes. Wise has a free tier, so you can try it without paying. Qonto starts at €9/month.

What is Qonto best used for?

Qonto is most often used for business banking, team payments, cash flow management, multi-currency transfers. Of those, business banking and team payments are not what Wise is typically brought in for.

What can Qonto do that Wise cannot?

Wise covers International transfers, Real exchange rates, Multi-currency accounts, Bill payments.

Accounting · head to head

Qonto vs Wise

Qonto

Accounting

French neobank and finance management platform for freelancers, SMEs and businesses

From: €9/month
Rated: -

Full review Website

Wise

Personal Finance

International money transfers at the real exchange rate

From: Free
Rated: -

Full review Website

The short version

Only Wise has a free tier, so it costs nothing to try first.
Each has a real cost: Qonto pricing in EUR only, not USD; Wise exchange rate fees start at 0.31% plus corridor-specific transfer fees

Where they differ

Only the attributes on which Qonto and Wise actually diverge.

Attributes where Qonto and Wise differ
Attribute	Qonto	Wise
Starting price	€9/month	Free
Pricing model	subscription	Unknown
Free tier	No	Yes
Platforms	Web	Web, IOS, Android
Category	Accounting	Personal Finance
Founded	Unknown	2011

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Qonto

Nothing recorded that Wise does not also cover.

Only in Wise

International transfers
Real exchange rates
Multi-currency accounts
Bill payments
Bank accounts
Cryptocurrency
Web support
IOS support

What people use each for

The jobs each tool is most often brought in to do.

Qonto

Business bankingnot Wise
Team paymentsnot Wise
Cash flow managementnot Wise
Multi-currency transfersnot Wise
Freelancer paymentsnot Wise

Wise

Budget Managementnot Qonto
Expense Trackingnot Qonto
Investment Trackingnot Qonto

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Qonto

Pricing in EUR only, not USD
Basic tier limited to 30 transfers per month
Add-ons for invoice automation and project tracking cost EUR 12-39/month extra
Business tier minimum commitment for small team accounts
Business plan minimum pricing EUR 49/month vs self-employed EUR 9/month

Wise

Exchange rate fees start at 0.31% plus corridor-specific transfer fees
Transfer speed dependent on destination country banking infrastructure
No published documentation of maximum transfer limits
Multi-currency account features may have regional restrictions

Pricing, plan by plan

Qonto

€9/month

Basic (Self-Employed)$9/month
- 30 transfers
- 1 physical + 2 virtual cards
- Account remuneration 5% for 2 months
Smart (Self-Employed)$19/month
- 100 transfers
- 2 physical + 50 virtual cards
- Account remuneration
Premium (Self-Employed)$39/month
- 200 transfers
- 2 physical + 50 virtual + 50 Instant cards
Essential (Business)$49/month
- 250 transfers
- 5 physical + 50 virtual cards
- Multiple sub-accounts

Wise

Free

No published plan breakdown. See the Wise review.

Which should you pick?

Choose Qonto if

Nothing in the data separates Qonto from Wise on the points above - pick on price and on how each one feels to use.

Qonto review

Choose Wise if

You need international transfers.
You want to start without paying.
You work on Web, IOS, Android.
You also want real exchange rates.

Wise review

Questions people ask

Is Qonto or Wise better?: Neither clearly leads. Qonto starts at €9/month and Wise at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Qonto or Wise?: Wise has a free tier; the other does not. Paid plans start at €9/month for Qonto and Free for Wise.
Does Qonto or Wise run on more platforms?: Qonto runs on Web. Wise runs on Web, IOS, Android.
Can I use Wise for free?: Yes. Wise has a free tier, so you can try it without paying. Qonto starts at €9/month.
What is Qonto best used for?: Qonto is most often used for business banking, team payments, cash flow management, multi-currency transfers. Of those, business banking and team payments are not what Wise is typically brought in for.
What can Qonto do that Wise cannot?: Wise covers International transfers, Real exchange rates, Multi-currency accounts, Bill payments.

Answered from the vendors’ own pages

Qonto: How much does Qonto cost?

Qonto's self-employed plans range from EUR 9/month (Basic) to EUR 39/month (Premium). Business plans range from EUR 49/month (Essential) to EUR 199/month (Enterprise).

Source

Wise: What are Wise's transfer fees and exchange rates?

Wise uses mid-market exchange rates without hidden markups and charges a flat fee starting from 0.31% plus a currency transfer fee depending on the corridor. Volume discounts are available for larger transfers.

Source

Qonto: What is included in Qonto's Basic plan?

The Basic plan costs EUR 9/month and includes 30 monthly transfers, 1 physical card and 2 virtual cards, plus account remuneration at 5% for the first 2 months.

Source

Wise: How long do international transfers take with Wise?

Transfers can arrive same-day within seconds according to Wise marketing materials, though actual timing depends on the destination country and banking infrastructure.

Source

Qonto: What is the difference between self-employed and business plans?

Self-employed plans (Basic to Premium) are for individuals and cost EUR 9-39/month. Business plans (Essential to Enterprise) offer more transfers and cards for teams, ranging from EUR 49-199/month.

Source

Wise: Is there a cost for a Wise account or monthly subscription?

Opening a Wise account is free with no monthly subscription. You only pay fees when you send money or convert currency.

Source

Wise: Can I send money between Wise users for free?

Sending or receiving the same currency between Wise contacts is free. Converting to a different currency costs less than standard rates but is not free.

Source

Wise: What security features does Wise offer?

Wise includes two-factor authentication for account protection, holds funds with established financial institutions, maintains 24/7 customer support, and has dedicated fraud and security teams.

Source

Wise: How much money can I transfer with Wise?

Wise does not publicly specify transfer limits on the main site. Limits may vary by country, sender verification level, and corridor.

Source

Qonto vs Wise

Qonto

Wise

The short version

Where they differ

What each one covers

Only in Qonto

Only in Wise

What people use each for

Qonto

Wise

Where each one falls short

Qonto

Wise

Pricing, plan by plan

Qonto

Wise

Which should you pick?

Choose Qonto if

Choose Wise if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on Qonto

More on Wise

Keep looking

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