Fineco — Conto Fineco Fineco Max
A plan byFineco — Conto Fineco · Visa (+ BANCOMAT)
Conto Fineco is the account of the all-in-one bank FinecoBank (account + cards + trading + investments), an independent listed group and a significant bank under direct ECB supervision. The Fineco One plan has a €0/month fee with no conditions, with SEPA and instant transfers and SDD direct debits all at €0. A strong point for those operating in foreign currency: the accessory Multicurrency service lets you operate in 18 currencies and, from 2026, waives FX fees on the debit card. FITD €100,000 deposit guarantee. Note: the debit card costs €9.95/year, free only for under-30s.
Fineco Max
- Price
- €30
What's included
- Free opening month + 2 months; waivable with assets ≥ €500,000
- Free cards (incl. Gold World credit) and dedicated phone line
Data & conditions
| Account fee | Free |
|---|---|
| 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 | Free |
| Card included | Fineco Card Debit (BANCOMAT + Visa Debit) €9,95/anno + €2,25 spedizione, gratis under 30 |
| Interest on balance | 0% |
| Network | Visa (+ BANCOMAT) |
| ATM withdrawal | Free |
| Free ATM limit | BANCOMAT Italy >€99 €0 (<€99 €0.80); Visa Debit circuit (UniCredit Group and other banks) €1.45 |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia · BCE (MVU) |
| Segment | B2C |
| Funding / solidity | All-in-one bank · independent listed group (FTSE MIB) · listed (FBK) |
| MiCA / License status | Licenza bancaria (Banca d'Italia · BCE-MVU) IT banking licence (Bank of Italy · ECB-SSM) |
Strengths
- Fineco One plan at €0/month fee with no conditions; SEPA and instant transfers at €0 and SDD direct debits at €0
- All-in-one bank (account + cards + trading + investments), a significant bank under direct ECB supervision
- Multicurrency service in 18 currencies + waiver of FX fees on the debit card (2026 novelty)
- FITD €100,000 deposit guarantee and membership of the National Guarantee Fund
- No notable sovereignty advantage documented.
Weaknesses
- Debit card is paid (€9.95/year + €2.25 shipping), free only for under-30s — not included free as at other online banks
- ATM withdrawals on the Visa Debit circuit €1.45 and below-threshold BANCOMAT (<€99) €0.80
- Multicurrency is an accessory service on the euro account, not a natively multi-currency account; ~0% 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 · ECB-SSM)): 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
Conto Fineco earns a high score: One plan at €0/month with no conditions, SEPA and instant transfers and SDD direct debits all at €0, a significant bank directly supervised by the ECB with FITD €100,000 deposit guarantee. It is also an all-in-one bank (account + cards + trading) with a Multicurrency service in 18 currencies and a waiver of card FX fees (2026). The blemish for the cost-critical user is the paid debit card (€9.95/year, free only for under-30s) and the Visa Debit ATM costs. Non-interest-bearing and not natively multi-currency.
Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FITD deposit guarantee and Bank of Italy and ECB supervision — strengths for protection — are exactly what distance it from the trustless model. No self-custody, no permissionless use.
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 Fineco?
The base Fineco One plan has a €0/month fee with no conditions. The higher Classic (€3.95/month) and Max (€29.95/month) plans are free for the first 3 months and then waivable with account assets ≥ €50,000 and ≥ €500,000 respectively. €34.20/year stamp duty only with an average balance > €5,000.
Is the debit card free?
No: the Fineco Card Debit (BANCOMAT + Visa Debit) costs €9.95/year plus €2.25 shipping, with the fee waived for under-30s. From 2026, FX fees on debit-card transactions in foreign currency are waived.
Sources
- help.finecobank.com Data verified on Jul 12, 2026
- images.finecobank.com Canone · Carta · Prelievi Data verified on Jul 12, 2026