bunq PIA: fees, terms and review

PIA·IE has been in contact with bunq, and bunq has confirmed it is considering offering a Personal Investment Account. It has not announced a launch date, fees or an investment range.

Source: Correspondence with PIA·IE, 4 November 2026. Position confirmed by bunq to PIA·IE; we have summarised it in our own words.

Considering: The firm or its group has commented publicly on the account without committing to offer it (or has signalled related interest).

Authorisation: Credit institution authorised in the Netherlands, operating in Ireland on a branch basis (Central Bank register C466118)

bunq has not published its PIA investment range. Firms usually build from what they already sell, so our working expectation is that it will reflect its bunq Stocks feature, open to verified customers living in Ireland: a selection of US and European stocks and ETFs, bought in fractional shares from €10, with investment services provided by its partner Ginmon.

• bunq launched Stocks in Ireland in November 2024, so if it offers a PIA the range is likely to look like that: a selection of US and European stocks and ETFs you choose yourself, which the Bill allows.
• Stocks is run through bunq's trading partner Ginmon, so which entity would hold and report a PIA has not been explained.
• bunq's Irish pitch is heavily savings-led, and cash in a PIA cannot earn interest under the Bill (s.747L), so its savings interest would not carry into the account. Its crypto offering is outside the account's scope.

Existing range: bunq Help — Who can use bunq Stocks? (checked 5 November 2026). This section is PIA·IE's reading of bunq's current offering, not a statement from bunq. We will replace it with published PIA terms when they appear.

Short answer: they stay separate. The Finance Bill lets only new cash into a PIA. Your existing investments, with bunq or anywhere else, cannot be moved into it as they are.

What if…

• I want my existing investments in a PIA? You would have to sell them and pay the money in, within the €12,000 yearly limit. Selling can trigger exit tax on funds and ETFs, or CGT on shares.
• I keep my existing plan? Nothing changes for it under section 26. It carries on under its current rules alongside any PIA.
• I open a PIA elsewhere and later switch to bunq? A PIA-to-PIA transfer is allowed, if bunq offers a PIA and accepts transfers in.

Not advice: whether to keep or cash in an existing plan depends on your gains, charges and plans. In the Finance Bill, not yet law. See moving existing investments into a PIA.

Nothing about a bunq PIA has been confirmed beyond the fact that bunq is considering it.

• Whether bunq will offer a PIA, and when.
• Whether the account would be run by bunq directly or through a partner, like its current Stocks service.
• The investment range and whether advice will be available or required.
• Fees, minimum investment and how PIA-to-PIA transfers in from other providers will work.

The PIA tax itself — 1% of value above €50,000, nothing up to that amount — is the same at every provider and is shown separately on the cost comparison.

• Every yearly charge added together, not just the headline platform fee.
• Whether advice or commission is built in, and whether you can opt out.
• Fund charges on the funds you'd actually hold.
• Exit and transfer charges if you later move provider.