Vivid Money Review
Comprehensive review and analysis of Vivid Money's digital banking services
Quick Facts
- Founded
- 2019
- Head Office
- Germany
- Active Customers
- 500,000+
- Total Funding
- €200 million
- Employees
- 300+
- App Store Rating
- 4.4/5
Pros & Cons
Pros
- Multi-currency accounts
- Investment platform
- Cashback rewards
- Metal card available
- Crypto trading
- Stock fractional shares
Cons
- Some features require premium
- Limited availability outside EU
- Higher premium tier fees
- No joint accounts
Supported Countries
- Germany
- France
- Spain
- Italy
- Other EU countries
Fees
- Standard Account Free
- Prime Account €9.90/month
- Metal Card €19.90/month
- ATM Withdrawals 3 free/month, then €3
- Foreign Exchange Free up to monthly limit
Overview
Vivid Money has emerged as an innovative European fintech since 2019, offering a comprehensive suite of banking and investment services. Based in Germany but serving multiple European markets, it combines traditional banking features with modern investment capabilities.
Key Features
Banking Services
- Multi-currency accounts
- Physical and virtual cards
- Real-time notifications
- Instant payments
- Sub-accounts (Pockets)
- International transfers
Investment Platform
- Stock trading
- ETF investments
- Crypto trading
- Fractional shares
- Investment analytics
- Portfolio management
Rewards Program
- Cashback rewards
- Partner offers
- Premium perks
- Lifestyle benefits
- Travel insurance
- Purchase protection
Premium Features
- Metal card
- Higher limits
- Priority support
- Extended insurance
- Exclusive rewards
- Concierge service
Security Features
- 3D Secure
- Biometric authentication
- Instant card freezing
- Transaction limits
- Location-based security
- Fraud monitoring
Customer Support
- In-app chat
- Email support
- Phone support
- Help center
- Community forum
- Premium priority support
Verdict
Vivid Money stands out for its comprehensive combination of banking and investment features. The platform’s multi-currency capabilities and investment options make it particularly attractive for Europeans looking to manage both their daily finances and investments in one place.
While the premium features can be costly, the free tier offers solid basic banking services. The addition of crypto trading and fractional shares makes it an appealing choice for both beginners and experienced investors. However, the limited availability outside the EU and lack of joint accounts may not suit everyone’s needs.