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Head-to-head

Openbank vs Aion Bank: which is better in Europe? (2026)

Quick answer

Openbank scores higher overall (69 vs 68). Below is exactly where each one wins.

Last updated 15 August 2026 · Cross-checked against official sources

Data reviewed by Founder and editor, nomoneda

This head-to-head was generated from our rankings: both services appear in the same shortlists. The facts and scores below are the same ones used everywhere else on the site.

At a glance

OpenbankAion Bank
Score6968
No DNINoNo
Holds USDNoNo
USD APY
CashbackNoYes
FX modelBank's own board rate, markup not published — the FID states only that rates are those published daily by the bank for amounts up to 3,000 EUR, or set by the bank on market quotes above thatInternational market quotations + published standard 0.2% margin
Docs neededNeeds NIE/residency in supported market; fully remoteNo local address needed in supported markets

Bottom line

Openbank69/100

Deposit protection: DGS €100k (ES — Fondo de Garantía de Depósitos)

FAQ

Openbank or Aion Bank — which is better?
Openbank scores higher overall in our ranking, but the right choice depends on whether you prioritise fees, USD support or onboarding.
Can I use both?
Yes — many relocants keep one for receiving USD and another for daily spending.

How we rate