Everyday money, in plain view.
Open a Finbit account in about five minutes. Send money at home or abroad, spend online with a virtual card, and approve every payment with a PIN only you know.
- No transfer fees
- Virtual cards in the app
- PIN on every payment
Finbit in numbers
- fees on transfers at home and abroad
- 0%
- you can send per day
- $500k
- idle time before we sign you out
- 15 min
- virtual cards per customer
- 3
- Everyday Checking
- Business Checking Start
- Easy Access Saver
- Business loans
- First Home Mortgage
- Home insurance
- Virtual Debit Card
- Interest Checking
- Business Checking Plus
- Fixed Term Saver
- Car loans
- Remortgage
- Travel insurance
- Credit Builder Card
Minimum first deposit
$10
Monthly fee
$0
Your account, open by tonight
No branch visit and no paper forms. Everything happens in the Finbit app or in your browser.
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1
Apply in four short steps
Your name, contact details, the account you want, then a password and a 4-digit PIN. Most people finish in about five minutes.
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2
Add money your way
Pick a deposit method, upload your proof of payment, and we credit your balance once our team has checked it.
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3
Send, spend and track
Move money to anyone, request a virtual card for online shopping, and see every transaction the moment it happens.
Everything a current account should do
The essentials, done properly. No add-ons and no features held back for a premium plan.
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Checking and savings
Choose the account that fits when you sign up. Each one gets its own account number straight away.
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Instant Finbit transfers
Send to another Finbit customer by account number. We show the name before you confirm.
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Local and international
Pay any bank at home or abroad. Every transfer has a reference and a status you can follow.
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Virtual debit cards
Request a card for online shopping, reveal its details with your PIN and freeze it in one tap.
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Saved recipients
Keep the people and businesses you pay often, so the next payment takes seconds.
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Statements you can use
Search and filter your history, then export it as a CSV for your accountant or spreadsheet.
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Alerts that matter
Get notified when a deposit is approved, a transfer completes or a card is issued.
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Support in the app
Open a ticket from your dashboard and follow the whole conversation in one place.
Why people switch to Finbit
We built the bank we wanted to use: honest about cost, careful with security and quick to answer. These are the numbers that back it up.
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$0
Monthly fee on Everyday Checking
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5
Minutes to open an account online
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3
Virtual cards you can hold at once
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5
Wrong PIN attempts before we lock it
Shop online without handing over your main account
Request a virtual card in the app and use it wherever cards are accepted online. If a site feels wrong, freeze the card and carry on with your day.
- Up to 3 active virtual cards, each with its own number
- A default spending limit of $5,000 per card
- Card number and CVV shown only after you enter your PIN
- Freeze and unfreeze a card yourself, any time
The whole price list fits on one screen
These figures come straight from the settings Finbit runs on. If they change, this page changes with them.
Fees
| Item | Cost or limit |
|---|---|
| Opening an account | Free |
| Monthly fee on Everyday Checking | Free |
| Transfer to a Finbit customer Arrives instantly | Free |
| Local bank transfer Held while we review it, then sent | Free |
| International transfer Held while we review it, then sent | Free |
| Virtual debit card Up to 3 active at once | Free |
Limits
| Item | Cost or limit |
|---|---|
| Smallest transfer | $1 |
| Transfers per day Total across all transfer types | $500,000 |
| Smallest deposit | $10 |
| Largest single deposit | $1,000,000 |
| Card spending limit Default for each new virtual card | $5,000 |
Security you can check, line by line
No vague promises. Here is exactly what protects your account.
How we handle your data-
Transaction PIN
A 4-digit PIN approves every transfer and card reveal. After 5 wrong tries it locks for 15 minutes.
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Two-factor sign-in
Add codes from an authenticator app to your sign-in. One-time recovery codes cover a lost phone.
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Encrypted card data
Card numbers, CVVs and two-factor secrets are encrypted at rest and only shown after you enter your PIN.
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Automatic sign-out
After 15 minutes without activity, with a countdown first. Every session ends after 12 hours.
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Limited sign-in attempts
Repeated wrong passwords or codes are slowed down, then blocked for a while, to stop guessing.
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Audit trail
Sign-ins, approvals and balance changes are logged, so every event on an account can be traced.
Questions, answered
Something missing? Send us a message and a person will reply.
Who can open a Finbit account?
Anyone aged 18 or over with an email address and a phone number. You choose a checking or savings account while you sign up.
What does it cost?
Opening and keeping an Everyday Checking account is free. Transfers to other Finbit customers are free, and every other fee is listed in the price list on our home page.
How long do transfers take?
Transfers between Finbit accounts arrive instantly. Local and international transfers are held while our team reviews them, then sent. You can follow the status in the app.
How do I add money?
Choose a deposit method, make the payment, then upload a receipt or screenshot. Your balance updates once our team approves the deposit.
What happens if I enter the wrong PIN?
After 5 wrong attempts your PIN locks for 15 minutes. You can set a new PIN at any time from Settings, under Security.
How do I keep my account secure?
Turn on two-factor sign-in, keep your PIN private and never share codes with anyone. We will never ask for your password or PIN by phone, email or message.
Can I close my account at any time?
Yes. Move your balance out, then ask us to close the account through a support ticket. There is no closing fee.
Is Finbit a real bank?
No. Finbit is a demonstration project. It does not hold real money and is not covered by any deposit protection scheme.
Take charge of your money, starting today.
Opening an account is free and takes about five minutes. You need your ID details and a phone, nothing else.