Money and Payments

Salary Account vs Basic Account in Lisbon

Choosing the right bank account for your income situation in Portugal.

Action checklist

Complete these steps in order for the fastest, safest setup.

1ActivoBank: free account, no fees, best digital banking in Portugal
2Millennium BCP: salary account with fee waiver if salary credited
3Revolut and Wise: excellent supplements for international users
4Avoid Caixa Geral de Depósitos for day-to-day banking — high fees

City context: Lisbon

These steps are tailored for newcomers in Lisbon. Costs, availability, and requirements may differ in other cities — switch the city selector above to switch context.

Read what residents say about Money and Payments in Lisbon

Money and Payments

Salary Account vs Basic Account in Lisbon

Choosing the right bank account for your income situation in Portugal.

Action checklist

Complete these steps in order for the fastest, safest setup.

1ActivoBank: free account, no fees, best digital banking in Portugal
2Millennium BCP: salary account with fee waiver if salary credited
3Revolut and Wise: excellent supplements for international users
4Avoid Caixa Geral de Depósitos for day-to-day banking — high fees

City context: Lisbon

These steps are tailored for newcomers in Lisbon. Costs, availability, and requirements may differ in other cities — switch the city selector above to switch context.

Read what residents say about Money and Payments in Lisbon