Hello bank! — Hello! Money Under 30
A plan byHello bank! — Hello! Money · Maestro/Cirrus (+ PagoBancomat)
Hello! Money is the online account of Hello bank!, BNL BNP Paribas's digital bank: online-only opening, app-based operations and an Italian IBAN with BNL's FITD guarantee. The fee is €0 up to age 30; for everyone else it is €6/month per the published information sheet (some 2026 sources report €6.14 — check the sheet when opening), reducible with salary crediting (−€2) and BNL protection policies (−€1 or −€3) down to zero. Free online SEPA transfers, Hello! Mat debit card and Hello! Card credit card with no fee.
Under 30
- Price
- Free
What's included
- Fee waived until turning 30
- Online SEPA transfers €0
- Free Hello! Mat debit card and Hello! Card credit card
- BNL ATM withdrawals €0 · other banks free from €99
Data & conditions
| Account fee | €6 |
|---|---|
| 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 | Hello! Mat (PagoBancomat/Bancomat + Maestro/Cirrus) inclusa, canone €0; carta di credito Hello! Card (Visa/Mastercard) canone €0 |
| Interest on balance | 0% |
| Network | Maestro/Cirrus (+ PagoBancomat) |
| ATM withdrawal | Free |
| Free ATM limit | BNL ATMs €0; other banks in Italy: €0 from €99 upwards, €1 below €99 |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Digital brand of BNL BNP Paribas · online-only account on a BNL relationship |
| MiCA / License status | Licenza bancaria di BNL (Albo Banche n. 5676) — Hello bank! è il marchio digitale di BNL BNP Paribas BNL's IT banking licence (Bank of Italy) |
Strengths
- €0 fee until age 30 (also for joint accounts between under-30s)
- Online/mobile SEPA transfers at €0, SDD direct debits at €0, free utility domiciliation
- Hello! Mat debit card and Hello! Card credit card with no annual fee
- Free withdrawals at BNL ATMs and at other banks for amounts of €99 and above
- Supervised bank: behind the brand is BNL, with FITD deposit guarantee up to €100,000
- No notable sovereignty advantage documented.
Weaknesses
- Above age 30 the fee (€6/month per the sheet) zeroes only by combining salary crediting and BNL policies
- Withdrawals under €99 at other banks cost €1
- Dated transparency documents (2019 sheet, 2021 FID): the actual fee should be re-checked when opening
- Operations and support tied to BNL systems; instant transfers carry a surcharge (min €1.50)
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (BNL's 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
Hello! Money is a good account for under-30s: a genuine zero fee, free online transfers, debit and credit cards with no fee, and the FITD guarantee of a supervised bank (BNL). Above 30 the picture changes: €6/month per the information sheet, waivable only by weaving together salary crediting and house policies — the same loyalty scheme as the BNL X account, at a lower price. Transparency note: the documents published on the site date from 2019-2021 and third-party 2026 sources cite €6.14; the number should be re-checked on the sheet at opening.
A supervised bank account behind a digital brand: 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.
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 does the Hello! Money account cost?
The published information sheet states €6/month (€72/year) plus €34.20 stamp duty; some 2026 sources report €6.14, so check the updated document when opening. The fee is waived until age 30 and drops by €2 with salary/pension crediting and by €1 or €3 with a BNL protection policy, down to full zeroing.
Are transfers and withdrawals free?
SEPA transfers via internet/mobile and via ATM are €0 (instant transfers carry a surcharge, min €1.50). Withdrawals are free at BNL ATMs and at other banks for amounts of at least €99; below €99 they cost €1.
Is Hello bank! a separate bank from BNL?
No: Hello bank! is the digital brand of BNL BNP Paribas. The account is a full BNL relationship, with an Italian IBAN and deposits guaranteed by the FITD up to €100,000 per depositor.
Sources
- Official service page Data verified on Jul 12, 2026