NatWest launches app-only bank account Bó – but is it any good?

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4 min read
fairly easy
NatWest has launched an app-only bank account named Bó, offering built-in budgeting features and an eye-catching yellow card – but how does it compare with more-established digital rivals Monzo and Starling?
Bó is a free account which can provide instant transaction alerts, a 'piggybank' for setting cash aside from your main balance and detailed spending reports.

However, while these features may not measure up to Monzo and Starling's, Bó will appeal to travellers, as it has no fees for overseas spending and cash withdrawals.

See our App-based banking guide for more info on the best banking and savings apps, plus our Travel Credit Cards guide.

How does it work?

You must open and manage the app-only Bó bank account, unsurprisingly, via its app – it's available to anyone aged 18 or over who lives in the UK.

First, download the app from the Apple App Store or Google Play Store – Bó says you can set it up in a matter of minutes.

You'll be asked to enter contact details and verify your identity by taking a photo of your passport or driving licence along with a few selfies. The Visa debit card should then arrive three days…
Petar Lekarski
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