Moey review 2026: fees, who can open it, and Moey vs Revolut vs ActivoBank
When Moey launched, its pitch against Revolut was simple: a Portuguese account that worked with Multibanco and MB WAY. On 6 October 2025, Revolut joined MB WAY too,[13] after moving its customers in Portugal to Portuguese IBANs that summer.[14]
In July 2026, DECO PROteste’s satisfaction survey put Revolut Bank and ActivoBank level at 89 out of 100, with Moey one point behind at 88.[12]
So the gap Moey was built on has closed. This review gives you what Moey costs and does in 2026, who can actually open it, and how it compares with the two accounts it’s now neck and neck with.
A versão curta
- Moey costs you €0 a month, with free SEPA transfers, free MB WAY and a free Multibanco and Mastercard debit card.
- To open it you need a Portuguese Citizen Card and Chave Móvel Digital, plus a home address in Portugal.
- If you’re a foreign resident without a Citizen Card, ActivoBank or Revolut are the app accounts you can open.
- Your deposits are covered up to €100,000 by Portugal’s guarantee fund, shared with any Crédito Agrícola deposits you hold.
- In DECO PROteste’s 2026 survey Moey scored 88, one point behind Revolut and ActivoBank.
If you’re comparing every option, our guide to the best banks in Portugal for expats covers the traditional banks too.
What is Moey?
Moey is the app-based current account of Portugal’s Crédito Agrícola group, run by Caixa Central de Crédito Agrícola Mútuo.[6] It’s a Portuguese bank account with a Portuguese IBAN, so you get:
- A Multibanco and Mastercard debit card, plus a virtual Mastercard you can use the moment you open.[3][9]
- MB WAY built into the app, including cash withdrawals at Multibanco machines with a code instead of your card.[2][11]
- Portugal’s deposit guarantee up to €100,000. Moey and Crédito Agrícola share one limit, so the €100,000 covers your deposits at both together.[6]
How much does Moey cost in 2026?
Moey costs you nothing a month, with no minimum deposit and no fee for your first debit card.[1][2]
What’s free for you:[3]
- SEPA transfers, instant ones included, plus transfers to other Moey users and MB WAY.
- Card payments anywhere in the world. Mastercard converts foreign currency at its rate on the day.
- Cash withdrawals in euros across the EEA, and in Switzerland, Andorra, Monaco, San Marino and the Vatican.
What you pay:[3]
- 1.7% on cash withdrawals outside the EEA or in non-euro currencies, plus any fee the local ATM adds.
- €5 to replace your physical card, or €2 for the virtual one, plus stamp duty.
You can only send SEPA transfers. Moey doesn’t offer transfers outside the SEPA area.[4]
What doesn’t Moey offer?
Moey pays no interest, on the current account or on its savings “Goals”.[2][5] It has no arranged overdraft,[2] e new Moey personal loans have been suspended since 12 September 2024.[10]
Who can open a Moey account?
You can open one if you have a Portuguese Citizen Card and Chave Móvel Digital, a home address in Portugal, and you’re 18 or over.[7] Moey’s own FAQ points out that Chave Móvel Digital is only available with a Citizen Card.[7]
To open a Moey account, you need
- ✓A Portuguese Citizen Card (Cartão de Cidadão)
- ✓Chave Móvel Digital, Portugal’s digital login, which needs the Citizen Card
- ✓A home address in Portugal
- ✓To be 18 or over, with no other Moey account in the last 90 days
- One account per person. If you’ve had a Moey account before, you wait 90 days to open a new one.[7]
- It takes a few minutes. Chave Móvel Digital validates you instantly.[7]
If you’re a foreign resident without a Portuguese Citizen Card, Moey’s opening page doesn’t give you a route in. The app accounts you can open are ActivoBank, by video call with a residence permit, and Revolut, once you legally live in Portugal.
You hold a Portuguese Citizen Card
Moey opens in minutes
You verify yourself with Chave Móvel Digital and your virtual card works straight away.
You’re a foreign resident
Look at ActivoBank or Revolut
ActivoBank opens by video call with a residence permit. Revolut opens if you legally live in Portugal.
You want a branch
ActivoBank has 17
Moey runs in the app, with phone, email and WhatsApp support.
You’re not in Portugal yet
Open with our partner bank
We help you open a Portuguese account remotely, before your visa appointment.
What is Moey like to use day to day?
Eduardo has used Moey as his main account since 2020. He opened it with Chave Móvel Digital in a few minutes, after leaving a traditional bank over its fees.
- The virtual card worked straight away. The physical card arrived about a week later.
- The app sorts your spending into categories, mostly correctly, and you can split costs with friends in groups.
- Support has been helpful when he’s needed it, by phone and by message.
Today you reach Moey on +351 210 521 500, from 9:00 to 22:00 every day, by email at feedback@moey.pt, or on WhatsApp.[8]
You can also add the virtual card to Apple Pay, Google Pay or Garmin Pay,[9] and use your savings Goals with round-ups that set aside your spare change.[5]
Moey vs Revolut vs ActivoBank: which one fits you?
All three cost you €0 a month on their basic accounts and give you a Portuguese IBAN.[2][15][16] What sets them apart is who can open them and where your deposits are guaranteed.
| Moey | Revolut Standard | ActivoBank Conta Simples | |
|---|---|---|---|
| Monthly fee | €0 | €0 | €0 |
| Who can open | Portuguese Citizen Card holders living in Portugal | Legal residents of Portugal, any nationality | Citizen Card in the app; residence permit or one of seven passports by video call |
| SEPA transfers | Free, instant included | Grátis | Free at any amount em linha |
| MB WAY | Sim | Yes, since October 2025 | Sim |
| Branches | None | None | 17 |
| Deposit guarantee | Portugal, up to €100,000 | Lithuania, up to €100,000 | Portugal, up to €100,000 |
Moey vs Revolut
Choose Moey if you hold a Citizen Card and want a Portuguese bank under Portugal’s guarantee; choose Revolut if you’re a foreign resident or you spend in several currencies. Revolut’s Standard plan lets you exchange up to €1,000 a month without its 1% fee.[15] A nossa Revolut in Portugal review covers who can open it.
Moey vs ActivoBank
Choose ActivoBank if you want branches or you’re a foreign resident; choose Moey if you hold a Citizen Card and only need an app. ActivoBank opens by video call with a residence permit and has 17 branches.[16] A nossa Avaliação do ActivoBank has its 2026 fees.
Moey, Revolut and ActivoBank all expect you to have Portuguese documents or to live here already. If you’re applying for a D7, D8 or D2 visa, we help you open a Portuguese account with our partner bank remotely: €300, usually 3 to 4 weeks, no apostille. If you don’t have a visa appointment yet, or you’re a Golden Visa investor, the private bank route costs €500, or €600 for a joint account.
Perguntas frequentes
Is Moey free?
Yes. Moey has no monthly fee, no minimum deposit and no fee for your first card. SEPA, instant and MB WAY transfers in the app are free too.
Can foreigners open a Moey account?
Only with a Portuguese Citizen Card. Moey asks for a Citizen Card and Chave Móvel Digital, which needs the Citizen Card. If you’re a foreign resident, ActivoBank or Revolut are the app accounts you can open.
Is Moey a real bank?
Yes. Moey belongs to the Crédito Agrícola group, and your deposits are covered up to €100,000 by Portugal’s deposit guarantee fund, shared with any Crédito Agrícola deposits you hold.
Does Moey have MB WAY?
Yes. MB WAY is built into the Moey app and transfers are free. You can also withdraw cash at Multibanco machines with an MB WAY code.
What card does Moey give you?
A Multibanco and Mastercard debit card, plus a virtual Mastercard that works as soon as you open the account. Your first card is free.
How much does Moey charge abroad?
Card payments abroad are free, and cash withdrawals in euros across the EEA are free. Outside the EEA, or in other currencies, you pay 1.7% of the withdrawal.
Does Moey pay interest?
Não. Neither the current account nor the savings Goals pay interest. The Goals help you set money aside, with round-ups if you want them.
Can I get a loan from Moey?
Não. New Moey personal loans have been suspended since 12 September 2024, and the account has no arranged overdraft.
Does Moey work with Apple Pay?
Yes. You can add the virtual card to Apple Pay, Google Pay or Garmin Pay.
How do I contact Moey?
Call +351 210 521 500 from 9:00 to 22:00, seven days a week, email feedback@moey.pt, or use the WhatsApp link on Moey’s website.
Is Moey better than Revolut?
It depends on your documents. If you hold a Portuguese Citizen Card, Moey gives you a Portuguese bank under Portugal’s guarantee. If you’re a foreign resident, Revolut is the one you can open.
Is Moey or ActivoBank better?
ActivoBank suits you if you want branches or you’re a foreign resident. Moey suits you if you hold a Citizen Card and only need an app. Both cost €0 a month.
Sources and how we checked
We checked every fee and rule on 4 November 2026 against Moey’s contract, price list and website.
- Moey, Open an account: fees and requirements.
- Moey, product information sheet (FIN) v34, June 2026: no maintenance fee, no minimum deposit, no interest, no arranged overdraft, MB WAY cash withdrawals.
- Moey, General Conditions v43 and card price annex, October 2026: transfers, withdrawals, card payments, replacements, currency conversion.
- Moey, fee information document (DIC): non-SEPA transfers not available.
- Moey, savings account (Goals) information sheet: Goals, round-ups, no interest.
- Moey, depositor information sheet (FID): Caixa Central de Crédito Agrícola Mútuo and the shared €100,000 guarantee.
- Moey, Open an account (FAQ): Citizen Card, Chave Móvel Digital, 90-day rule, one account per person.
- Moey, Contacts: phone, hours and email.
- Moey, Virtual debit card: instant virtual card, Apple Pay, Google Pay, Garmin Pay.
- Crédito Agrícola, price list (fees), in force from 9 October 2026: Moey personal loan suspended.
- Moey, Manage your account: MB WAY in the app.
- DECO PROteste, 30 July 2026: 2026 satisfaction scores.
- ECO, 6 October 2025: Revolut joins MB WAY.
- ECO, 24 July 2025: Revolut’s Portuguese PT50 IBANs.
- Revolut Bank UAB, Portuguese branch price list, in force from 21 October 2026: Standard plan and deposit protection.
- ActivoBank, “How can I open an account?”: opening routes.
