5 Best Bank Accounts for Freelancers in Austria (2026)
A detailed comparison of the top bank accounts for EPU and Freiberufler in Austria. We evaluated fees, tax features, international payments, and daily banking to find the best options.
Our Top Pick for Austria Freelancers
Wise
For Austrian freelancers with international clients — especially those billing in CHF to Swiss companies — Wise offers unmatched exchange rates and local bank details in 10+ countries. Pair it with Erste Bank for your Austrian IBAN and SVS direct debit needs.
All 5 Banks Compared
Ranked for Austria freelancers by fees, features, and real experience. Updated April 2026.
Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Transparent fee calculator
- Austrian IBAN available (AT prefix)
Cons
- No Austrian tax integration
- No credit or overdraft
- Limited cash deposits
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan available
- Clean, modern app with German-language interface
- Spaces (sub-accounts) for tax savings
- Insurance bundles on premium plans
Cons
- German IBAN (DE prefix, not Austrian AT)
- EUR only (no multi-currency)
- No Austrian tax integration
- Some Austrian institutions prefer AT IBANs
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Multi-currency accounts
- Budgeting and analytics
- Virtual disposable cards
Cons
- Lithuanian IBAN (not Austrian)
- Weekend FX markup
- Some Austrian institutions may reject non-AT IBANs
- Free plan has limitations
Ready to try Revolut?
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#4
Erste Bank
Monthly Fee
€6.90 – €14.90/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA + SWIFT
Pros
- Austrian IBAN (AT prefix)
- Largest branch network in Austria
- George app — excellent digital banking
- Fully accepted by SVS and Finanzamt for direct debits
Cons
- EUR only
- Higher fees than neobanks
- International transfers expensive
- No freelancer-specific tax automation
Ready to try Erste Bank?
Open Erste Bank Account →We may earn a commission at no extra cost to you. Learn more
#5
Holvi
Monthly Fee
€9 – €15/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Built for self-employed in Europe
- Invoicing tool built in
- Receipt scanning
- Business expense management
Cons
- EUR only
- Finnish IBAN (not Austrian)
- Higher monthly fees than competitors
- Limited Austrian-specific features
Ready to try Holvi?
Open Holvi Account →We may earn a commission at no extra cost to you. Learn more
How We Evaluated
We tested each bank account based on criteria that matter most to Austrian freelancers:
- Cost: Monthly fees, card fees, ATM fees, and hidden charges
- Tax features: USt management tools, direct debit compatibility for SVS and Finanzamt
- International payments: Exchange rates, transfer speed, multi-currency support (especially CHF)
- Daily banking: App quality, card features, budgeting tools
- IBAN type: Austrian (AT) IBAN vs. foreign IBAN — matters for SVS, Finanzamt, and some Austrian clients
Our rankings are based on real-world testing and updated for 2026 pricing.
Frequently Asked Questions
Do Austrian EPU need a separate Geschäftskonto (business account)?
Which bank has the best Austrian IBAN for freelancers?
How do Austrian freelancers handle USt (Umsatzsteuer / VAT)?
Can I receive CHF payments from Swiss clients as an Austrian freelancer?
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