Lemon Cash vs Ripio
For spending abroad FX markup matters, and Ripio does better (0% vs 0.5%). The choice depends on your real spending profile: redo the math with your volumes before picking between Lemon Cash and Ripio.
| Lemon Cash | Ripio | |
|---|---|---|
| Tier | B | B |
| Rating | ★ 3.9 | ★ 3.7 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | condiviso | condiviso |
| Multi-currency | Yes · 2 currencies | Yes · 2 currencies |
| Outbound transfers to third-party IBANs | No | No |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| On-chain crypto withdrawal | Yes | Yes |
| Interest on balance | 4% | 0% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | LATAM · 5+ countries | LATAM, US, EEA · 8+ countries |
| Regulator | CNV Argentina / El Salvador regulator | CNV / Florida MSB |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| Past incidents | 2022 negative-balance bug | — |
| SEPA transfer | — | Free |
| Regions | LATAM | LATAM, US, EU/EEA |
| Licences & safety | VASP | VASP |
Frequently asked questions
Lemon Cash vs Ripio: which is better?
For spending abroad FX markup matters, and Ripio does better (0% vs 0.5%). The choice depends on your real spending profile: redo the math with your volumes before picking between Lemon Cash and Ripio.
Which is cheaper, Lemon Cash or Ripio?
On the standard spending profile Lemon Cash has the lowest net annual cost: €0 versus €0 for Ripio.
Which offers more cashback, Lemon Cash or Ripio?
Lemon Cash has the highest cashback: up to 2%. Note the top rate often requires token staking and is subject to spending caps.
Is Lemon Cash custodial or self-custody?
Lemon Cash is custodial: funds are held by the platform, while Ripio is custodial.
Which is better for spending abroad?
For foreign-currency spending Ripio wins, with the lowest FX markup: 0%.