When it was launched, my French Bank was ambition to seduce young people and all-mobile followers with a simple promise: a banking offer without paperwork, 100 % online, and without hidden costs. Despite an encouraging start -up, the public neobank has never reached financial balance. The operating costs have weighed heavily, and the synergies promised with the postal bank have not proved to be sufficient to compensate for the lack of profitability.
In a context where online banks must redouble their agility to win in the face of actors already well established like Revolut, N26 or Hello Bank!, My French Bank has failed to get out of the game.
A progressive closure, simple steps
The closure will be gradual. New customers are no longer accepted, and several features have already been deactivated, including mobile payment (Apple Pay, Google Pay) since December 2024. For still active customers, the application remains functional, but the accounts will be closed by summer 2025.
60 -day notice is provided before any automatic closing. Holders are invited to transfer their funds and close their account voluntarily via the application. After this period, the closure will be made by the bank, with return of funds by transfer.
What does the postal bank offer in exchange?
To support the transition, La Banque Postale offers its customers an incentive offer. A premium of € 50 is offered for any account opening at home, and costs on payments and withdrawals abroad are deleted. A way of retaining customers while gradually reinstating the digital offer of my French Bank in the traditional services of the parent company.
Because contrary to what some may have believed, the postal bank itself does not close. It remains fully active and continues its public service missions, especially in rural areas and priority districts. Only its 100 % mobile subsidiary bows out, in a logic of strategic refocusing.
The group now wishes to consolidate its offers and optimize its costs, while remaining present in the digital segment – but differently. Other digital projects could be created, more integrated into the existing ecosystem.
What alternatives for customers?
Those who prefer to stay in the 100 % mobile universe can turn to other well -established players:
- Hello Bank!, BNP Paribas subsidiary, offers a free offer with up to € 180 offered at the opening.
- Monabanq, recognized for the quality of its customer service, allows an opening without income condition.
- Revolut or N26, very popular among travelers, offer international services and fluid user experience.
10 offers found
Revolved standard : Standard account free open in a few minutes
No fees abroad (under conditions), investments & cashback on major brands
Customer service available 24 hours a day, 7 days a week
Current account
Conditions: none
Annual costs: 0 € • Initial deposit: 0 €
Check deposit: ✘ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: free up to € 200 per month • Payments of Euro zone: free
Currency withdrawals: free up to € 200 per month • Payments in currencies: free
Cards offered
Mobile payments
Apple Pay
Google PaySee +
1
Gold Mastercard free
Black Card disponible
Abroad: 100% free
Excellent booklet
Current account
Conditions :
Annual costs: 0 € • Initial deposit: 300 €
Check deposit: ✔ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: Free • Payments EURO Zone: Free
Currency withdrawals: free • Invitation payments: free
Cards offered
Mobile payments
See +
2
Bank cheaper
Apple Pay, Google Pay
Carte premium free
Payment premium
Current account
Conditions: – If the payment between € 1 and € 49: bonus of € 30 – if the payment is between € 50 and € 299: premium of € 50 – if the payment is beyond € 300: bonus of € 80 + € 70 for any subscription to the Easymove bank mobility service
Annual costs: 0 € • Initial deposit: 0 €
Check deposit: ✔ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: Free • Payments EURO Zone: Free
Currency withdrawals: 1.69% • Invitation payments: free
Cards offered
Mobile payments
See +
3
Carte Trade Republic free
Open an account in a few clicks
2.75% gross annual interest on the current account
Access to scholarship services and investments
Current account
Conditions: none
Annual costs: 0 € • Initial deposit: 0 €
Check deposit: ✘ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: Free illimized • Payments Euro zone: free
Currency withdrawals: Unlimited free • Control payments: free
Cards offered
See +
4
Apple Pay
Offer free and unconditionally
Zero costs abroad
Best booklet savings
Current account
Conditions: without income condition
Annual costs: 0 € • Initial deposit: 10 €
Check deposit: ✔ • Specific deposit: ✔
Bank card
Monthly cost: 0 €
Euro zone withdrawals: Free • Payments EURO Zone: Free
Currency withdrawals: free • Invitation payments: free
Cards offered
Mobile payments
Apple PaySee +
5
Apple Pay
0 € of income required
Checks and species deposit
Visa Premier 0 condition
Service client prime
Current account
Conditions: without income condition
Annual costs: € 36 • Initial deposit: € 50
Check deposit: ✔ • Specific deposit: ✔
Bank card
Monthly cost: 0 €
Euro zone withdrawals: Free • Payments EURO Zone: Free
Currency withdrawals: 2% • Payments in currency: 2%
Cards offered
Mobile payments
Apple PaySee +
6
N26 Standard : CB free
Open an account in 8 minutes
Unlimited and free payments
Excellent mobile application
Current account
Conditions: none
Annual costs: 0 € • Initial deposit: 0 €
Check deposit: ✘ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: 3 free withdrawals (then € 2) • Payments Euro zone: free
Currency withdrawals: 1.70% • Invitation payments: free
Cards offered
Mobile payments
Apple Pay Google PaySee +
7
Open an account in 5 minutes
French RIB
Carte Mastercard Standard
Specific deposit in 7,200 tobacconists
Current account
Conditions: none
Annual costs: € 20 • Initial deposit: 0 €
Check deposit: ✘ • Species: ✔
Bank card
Monthly cost: 0 €
Euro zone withdrawals: € 0.5 at a tobacconist, € 1 in DAB • Payments EURO: free
Currency withdrawals: € 2 per transaction • Currency payments: € 1 per transaction
Cards offered
See +
8
N26 You : Mastercard Gold
Travel and transport insurance
Unlimited withdrawals and payments
Excellent mobile application
Current account
Conditions: none
Annual costs: € 118 • Initial deposit: 0 €
Check deposit: ✘ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: 5 free (then € 2) • Payments Euro zone: free
Currency withdrawals: 0.00% • Invitation payments: free
Cards offered
Mobile payments
Apple Pay Google PaySee +
9
N26 Metal : Metal CB
Travel and transport insurance
Unlimited withdrawals and payments
Exclusive services on the application
Current account
Conditions: none
Annual costs: 202 € • Initial deposit: 0 €
Check deposit: ✘ • Specific deposit: ✘
Bank card
Monthly cost: 0 €
Euro zone withdrawals: 8 free (then € 2) • Payments of Euro zone: free
Currency withdrawals: 0.00% • Invitation payments: free
Cards offered
Mobile payments
Apple Pay Google PaySee +
10
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