Rabo Free
The free bank account for everyone aged 18 to 28
Your money, Your choice
Whether you are eating out, going to a festival, or saving for later, Rabo Free gives you a payment account with no monthly fee. It is for people aged 18 to 28.
Free, smart features in the Rabo App
Rabo Budgets
Want a clearer view of spending on things like groceries, clothing, or dining out? Create a budget in the Rabo App. Decide in advance how much you want to spend each month, and the app automatically tracks whether you’re staying within your budget. You’ll even get a notification when you’ve reached your budget. Convenient!
Piggy banks
Saving for a festival, vacation, or something else? With Piggy banks in your free Rabo Savings Account, you can easily keep track of your savings goals. Create digital piggy banks, decide what you’re saving for, how much money you need, and when you want to reach your goal. This lets you see your progress at a glance, while every euro brings you one step closer to your savings goal.
Scan & Split
Dining out together, buying groceries for a group, or getting concert tickets? With Scan & Split in the Rabo App, simply take a photo of your receipt, select the items that are yours, and share it through WhatsApp. Everyone checks off what they need to pay you back for, and that’s it!
Expense Tracker
With the Expense Tracker, you can see where your money goes at a glance. The widget shows your spending by day, week, or month, helping you stay in control of your spending and make more informed choices, wherever you are.
Payment Request
With a Rabo Payment Request, you can quickly and securely ask friends and people you know to pay you back. Simply send it from your Rabo App. Try it now.
Open Rabo Free in 3 steps
Set it up in the Rabo App in 5 minutes
Open or download the Rabo App.
Apply for Rabo Free using your ID card or passport.
Start using your account online right away. Your debit card and PIN will arrive by mail.
What extra costs may apply?
| What you do | Cost |
|---|---|
| Add a credit card | €1.25 per month |
| Request a replacement debit card | €4.95 per card |
| Withdraw euros from a non-Geldmaat ATM | €0.81 per withdrawal |
| Pay in a currency other than euros | 1.4% exchange rate markup |
| Withdraw cash in a currency other than euros | €3.50 per withdrawal, plus a 1.4% exchange rate markup |
| Transfer money in another currency or outside the euro area | From €8.00 per transfer |
Rabo Free terms and conditions
Read how Rabo Free works and which rules apply. You can also read about your rights. This helps you know what to expect before you open your payment account.
Open Rabo Free in the Rabo App
Download or open the Rabo App and apply for Rabo Free in just a few minutes.
