Vivid Money has emerged as a dynamic player in the European digital banking scene, offering a comprehensive suite of financial services through its mobile-first platform. With features like multi-currency accounts, cashback rewards, and integrated investment options, Vivid caters to a diverse clientele, including freelancers, travelers, and tech-savvy individuals seeking efficient financial management.
In this guide, we’ll explore how to open a Vivid Money account, delve into its advantages and disadvantages, and help you determine if it’s the right digital banking solution for your needs.
What Is Vivid Money?
Vivid Money is a fintech company based in Berlin that offers a mobile banking platform combining traditional financial services with investment capabilities. Users can manage multi-currency accounts, earn cashback on daily spending, and invest in stocks and cryptocurrencies—all in one intuitive app. The platform is designed for those who want flexibility, efficiency, and innovation in their personal finances.
How to Open a Vivid Money Account
Opening a Vivid Money account is easy and fully digital. Here’s the step-by-step process:
- Download the Vivid Money app on iOS or Android.
- Sign up using your email and create a password.
- Enter your personal information (name, address, nationality, etc.).
- Verify your identity with a valid ID and a quick video check.
- Choose your account type (personal or business).
- Link your phone and set up additional security preferences.
- Add funds via bank transfer or card.
The entire process takes less than 10 minutes for most users.
Vivid Money Account Plans
| Plan | Monthly Fee | Features |
|---|---|---|
| Standard | €0 | Basic account, cashback up to 0.5% on purchases, virtual cards |
| Plus | €6.90 | Up to 3% cashback, higher ATM limits, access to currency pockets |
| Prime | €9.90 | Up to 25% cashback, unlimited currency accounts, full investment access |
Advantages of Using Vivid Money
Multi-Currency Capabilities
Vivid allows users to hold and manage dozens of currencies in one account, ideal for international users and frequent travelers.
Cashback Rewards
Earn cashback on everyday purchases, with higher tiers offering up to 25% depending on retailer promotions.
In-App Investing
Invest in stocks, ETFs, and cryptocurrencies directly from your app, without needing a separate brokerage account.
Intuitive App Design
The app is sleek and responsive, giving users easy access to account controls, insights, and analytics.
Security
Full control over your card (freeze/unfreeze), biometric login, and real-time transaction alerts.
Virtual and Physical Cards
Create virtual cards for online purchases and use metal physical cards for everyday transactions.
Disadvantages of Vivid Money
No Physical Branches
As a 100% digital bank, there is no in-person customer service available.
Limited Cash Deposit Options
Cash top-ups are not as accessible and may require third-party services.
Premium Plan Pricing
Some of the most attractive features, like higher cashback and investment options, are only available on paid plans.
Customer Support Variability
Some users have experienced delayed responses during peak times.
Is Vivid Money Safe?
Yes. Vivid Money uses advanced security features including two-factor authentication, encrypted data handling, and in-app card management. Customers’ funds are protected under European regulations, with deposit protection up to €100,000.
Who Should Use Vivid Money?
Vivid Money is perfect for:
- Frequent travelers looking for easy currency conversion and multi-currency support.
- Tech-savvy users who want banking, payments, and investments all in one app.
- Freelancers or digital nomads needing low-fee global transfers and fast payments.
- Shoppers who want to earn cashback on everyday purchases.
- Investors looking for simple access to stocks and crypto without managing multiple platforms.
Final Thoughts: Is Vivid Money Right for You?
If you’re searching for a digital bank that combines financial control with flexibility, Vivid Money stands out as one of the most innovative options available in 2025. From cashback and multi-currency tools to seamless investing, it offers an all-in-one solution for modern money management.
While it’s not the best choice for those who need in-person support or frequent cash deposits, for most digital-first users, Vivid Money delivers excellent value and convenience.