**Starling is currently not accepting new applications for its Euro account. We will update this review when applications have been re-established**
Starling Bank launched its Euro bank account in October 2019, allowing users to spend in Pounds and Euros on the same debit card. Much like Revolut, the multi-currency account helps customers to reduce currency exchange fees when spending abroad.
What is Starling Bank?
Starling Bank* is an app-only bank that was founded by Anne Boden in 2014 and launched its first mobile current account in 2017. It won Best British Bank in 2018, 2019, 2020 and 2021 and offers personal, joint and business bank accounts. For more information on Starling Bank, read our Starling Bank Review.
The Euro account
The Euro account is available for both business and personal users and allows you to hold, send and receive Euros for free (£2 with a Starling Business Euro Account).
Anne Boden, founder and former chief executive of Starling Bank, said: “A single card that can buy things in both euros and pounds is long overdue and something that we know our customers will value both in their personal and business lives".
“Businesses of all sizes have customers and suppliers spread across different countries. Our new business euro account will make a huge difference to these kinds of business customers, who are regularly carrying out international transactions whilst operating on a tight budget".
“These latest features represent another milestone in our mission to transform banking into a truly international, 24/7 service and demonstrate once again that we have come a long way towards that target in a short space of time".
Starling Euro account key features
- No account fees - free to hold, send and receive euros, plus no monthly fees
- Use one card for both £'s and €'s - easily manage transactions between cards within the app - you'll get to exchange your money at the current rate with a small 0.4% conversion fee on top
- Transfer money 24/7 - transfer money every day of the week, including weekends^
- FSCS protected - your money is protected up to £85,000
- Safe - unique European IBAN account number
^Starling will work out the weekend exchange rate considering the risk of currency fluctuations. You will always see the exchange rate before you click to accept it, giving you the opportunity to wait until Monday morning if you prefer.
Who is the Starling Bank Euro Personal Account good for?
The Euro account is designed for users who regularly need to send, receive or hold money in Euros. The following users are eligible:
- UK citizens with property in Europe
- European ex-pats who regularly send money home to family
- People who get paid in Euros but live in the UK
- People who want to hold Euros in their current bank account
- People who need to send or receive payments in Euros
Who is the Starling Bank Euro Business Account good for?
The Euro Business account is designed for businesses that:
- Receive payments for services in Euros (as a self-employed contractor)
- Rent out European property as a business
- Pay overseas suppliers
- Receive payments from customers in the Eurozone
Is the Starling Bank Euro account safe?
Yes. The Starling Bank Euro account is a fully current account with its own IBAN number (International Bank Account Number). Not only this the account is covered up to £85,000 as it is protected under the FSCS (Financial Services Compensation Scheme).
How can I get a Starling Euro account?
To get a Starling Business or Personal Euro account* you need to have a personal or business account already open with Starling. If you are an existing customer you can apply for a Euro account within the app.
If you are not yet a Starling customer you can easily open an account by downloading the Starling Bank app. For more information on how to open an account, read our Starling Bank Review and our Starling Bank Business Review.
Starling Bank Euro Account - what are the fees?
| Personal Account | Business Account | |
| Account fees | No fees | £2 per month |
| Weekend currency transfer (available 24/7) |  |
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| One debit card | |
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| Replacement debit cards |
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| Arranged Overdraft | Not available | Not available |
| Unarranged overdraft | No fees |
15% EAR accrued daily
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| Cash withdrawal | No fees | No fees |
| Currency conversion fee | 0.4% per transaction | 0.4% per transaction |
| Interest |
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| FSCS protected | |
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Starling Euro Bank account vs other currency accounts
| Starling Bank* | Revolut | Wise multi-currency account | HSBC Currency Account | Barclays Foreign Currency account | |
| Currencies | £ and € | 30+ currencies (including £, € & $) | 40 currencies (including £, € & $) | 14 currencies available but only 1 per account (including £, € & $) | 12 (including £, € & $) |
| Multi-currency personal account |  |
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| Multi-currency business account | |
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| Exchange rate | Mastercard exchange rate (calculated separately at the weekend) | Interbank exchange rate (markup fees may apply at the weekend) | Real, mid-market exchange rate + (0.43%) | HSBC exchange rate | Barclays exchange rate |
| IBAN | |
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| Eligibility | Starling Bank current account holder | 18+ | 18+ | HSBC current account holder | Barclays Sterling current account holder |
| Transfer fees | 0.4% transfer fee
Delivery fee |
No fees to Revolut accountholders other fees vary depending on the currency | Transfer fees dependent on the transfer type | No fees between HSBC accounts or for payments in Euros to another account in the EEA (fee applies to other currencies) | No fees between Barclays accounts or made via online banking (other fees may apply) |
Starling Bank customer reviews
Starling Bank is rated as 'Excellent' on Trustpilot with 4.4 out of 5.0 stars and over 37,000 reviews. Customers cite 'great customer service' as well as feeling 'safe' banking with Starling. Others also like the instant notifications as it allows you to manage and track all transactions on the account, making it easier to monitor for any fraudulent activity.
Customers that rated the bank as 'bad' expressed concerns about their accounts being restricted or rejected and some reviews mention the negative interest rates on balances over €50,000.
Starling Bank Euro account Summary
The Starling Bank Euro account* is perfect for those who only need to bank in two currencies; those currencies being euros and pounds. So, if you get paid in euros but are based in the UK or if you have friends or family who are based in Europe and regularly send money to you in the UK then the Starling Bank Euro account could be a wise choice. Those wishing to bank in multiple currencies would need to look at alternative options, such as the Revolut account or the bank accounts provided by HSBC and Barclays. All in all, it provides a cheap and easy banking solution for those who regularly have to bank in both euros and pounds.
If a link has an * beside it this means that it is an affiliated link. If you go via the link Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. But as you can clearly see this has in no way influenced this independent and balanced review of the product. The following link can be used if you do not wish to help Money to the Masses or take advantage of any exclusive offers - Starling Bank
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