Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Banco Desio — Conto D.Evolution Millennial (26-40 anni)

A plan byBanco Desio — Conto D.Evolution · Visa/Mastercard (Nexi Debit)

3.4/5 1.3/5 · Data verified on

Conto D.Evolution is the current account of Banco di Desio e della Brianza reserved for customers aged 18-40, with conditions that change automatically at 26 and 41. Up to age 26 the monthly fee is €0 (only the €34.20/year stamp duty applies); from 26 to 40 the fee is €3/month; from 41 it becomes €7/month. The Nexi Debit card (Visa/Mastercard) is included at no fee. Unlimited operations, but online SEPA transfers cost €1.13 each and only 1 ATM withdrawal per year is free outside the Banco Desio network. Bank supervised by the Bank of Italy with FITD deposit guarantee up to €100,000.

Millennial (26-40 anni)

Price
€3

What's included

  • €3/month fee (€70.20/year with stamp duty)
  • Included Nexi Debit card · discounted credit card terms
  • Unlimited operations
  • Online SEPA transfer €1.13 · SDD €0
€3
Account fee
EU guarantee €100,000
Deposit guarantee
Free
ATM withdrawal
Visa/Mastercard (Nexi Debit)
Network
31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee €3
IBAN dedicato · IT · IT
Deposit guarantee EU guarantee €100,000
Multi-currency No (single currency)
Outbound transfers to third-party IBANs Yes
Utility direct billing Yes
SEPA direct debit (SDD) Yes
On-chain crypto withdrawal No
SEPA transfer €1
Card included Carta Nexi Debit Consumer (circuito Visa/Mastercard) inclusa, canone €0
Interest on balance 0.001%
Network Visa/Mastercard (Nexi Debit)
ATM withdrawal Free
Free ATM limit ATM withdrawals at Banco Desio €0; at other banks €1.00 per withdrawal. Only 1 free withdrawal per year (cumulative Italy/euro area)
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA · 1+ countries
Regulator Banca d'Italia
Segment B2C
Funding / solidityLombardy-based commercial bank rooted in Brianza, listed (BDB) · branch network in Lombardy and central Italy
MiCA / License status Licenza bancaria (Banca d'Italia · Albo delle Banche) IT banking licence (Bank of Italy)

Strengths

  • €0 fee up to age 26 (only €34.20/year stamp duty) and €3/month for the 26-40 band
  • Nexi Debit card (Visa/Mastercard) included at €0 fee
  • Unlimited operations and SDD direct debits (utilities and commercial payments) at €0
  • Bank supervised by the Bank of Italy with FITD deposit guarantee up to €100,000
  • No notable sovereignty advantage documented.

Weaknesses

  • SEPA transfers not free: €1.13 online and €3.80 at the branch per operation
  • Only 1 free ATM withdrawal per year; €1.00 per withdrawal at other banks' ATMs
  • Reserved for ages 18-40: from 41 the fee rises to €7/month; effectively non-interest-bearing account (0.001% credit rate)
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (IT banking licence (Bank of Italy)): reporting to authorities and freezes on order.
  • FATF-aligned jurisdiction: strong cooperation with authorities.
  • Closed source: no way to verify what it does with wallet and data.

Verdict

C D ★ 3.4/5 ★ 1.3/5

Conto D.Evolution earns a middling score: a bank supervised by the Bank of Italy, FITD €100,000 guarantee, an included Nexi Debit card (Visa/Mastercard) and a fee waived up to age 26 (€3/month for Millennials 26-40). Holding the score back are transactional costs: SEPA transfers are not free (€1.13 online, €3.80 at the branch), only 1 ATM withdrawal per year is free outside the network and the account is effectively non-interest-bearing (0.001% credit rate). Designed for young customers: from 41 the fee rises to €7/month.

Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FITD guarantee and Bank of Italy supervision — strengths for protection — are exactly what distance it from the trustless model. No self-custody, no permissionless use: on the sovereignty lens it sits at the opposite pole from a self-custody wallet.

Privacy & anonymity 30% 1.1
Fund control 20% 1.4
Censorship resistance 20% 1.4
Trustless / auditability 20% 0.0
Costs 10% 4.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

How much is the Conto D.Evolution fee?

The monthly fee is €0 up to age 26 (only the €34.20/year stamp duty applies), €3/month from 26 to 40 and €7/month from 41. The account can only be opened by people aged 18 to 40.

Are the debit card and transfers free?

The Nexi Debit card (Visa/Mastercard) is included at €0 fee. SEPA transfers, however, are not free: they cost €1.13 online and €3.80 at the branch per operation. SDD direct debits are €0.

Are deposits guaranteed?

Yes, by the Interbank Deposit Protection Fund (FITD) up to €100,000 per depositor. Banco Desio is a bank supervised by the Bank of Italy.

Sources

Update history

✓ Terms unchanged since Jul 12, 2026

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