While Everestcard offers a digital approach to business financial management, some user feedback points to potential issues with reliability and responsiveness, prompting businesses to look elsewhere. This article will explore what Everestcard is, delve into the reasons you might consider an alternative, and highlight other options available for your specific needs. By understanding the landscape of global payment solutions, you can make a more informed decision for your company's finances.
What is Everestcard?
Everestcard is a modern neobank designed to simplify business financial management for companies. It offers instant issuance of both virtual and physical Mastercards, with 100% online management for real-time control over expenses and automated reporting.
The platform operates on a subscription model with a flat monthly fee that includes a set number of cards. A 90-day free trial is also available, allowing businesses to evaluate the service before making a financial commitment.
What to Consider When Selecting a Everestcard Alternative?
When searching for a substitute for Everestcard, it's important to evaluate platforms based on a range of factors to find the best fit for your business operations. Here are some key considerations:
- Pricing and Fee Structure:A clear breakdown of all potential costs, from monthly subscriptions to individual transaction fees, is fundamental to managing your budget effectively.
- Core Financial Services:Evaluate whether the platform's offerings, such as corporate cards, expense management, or payroll processing, align with your primary business operations.
- Customer Support and Reliability:Look into user reviews and service level agreements to gauge the provider's responsiveness and dependability, as access to timely support is vital for financial platforms.
- Global and Multi-Currency Capabilities:For businesses with an international footprint, assess the platform's ability to handle cross-border payments, hold multiple currencies, and offer competitive foreign exchange rates.
- Specialized Industry Features:Consider if the platform provides tools tailored to your specific sector, such as digital asset conversions for Web3 companies or advanced compliance for regulated industries.
If one or more of these factors resonate with your business needs, check out the alternatives we've detailed in the next section.
10 Best Alternatives to Everestcard
1. OneSafe
OneSafe is a finance platform designed to modernize banking for businesses, particularly those operating in the Web3 and crypto sectors. We provide the essential tools for effortless fund management, quick payments, and access to both traditional and digital assets.
Our platform enables a direct 1:1 conversion from USD to USDC on Polygon, simplifying payroll and expense management for global teams. We also provide streamlined onboarding, frictionless transfers, and responsive customer support tailored for businesses in the digital asset space.
Pricing
Here's our pricing at a glance:
- Free General Fees: We don't charge for account opening, maintenance, or card issuance, and there's no monthly subscription or minimum balance required.
- From 0.1% Domestic Transfers: US domestic transfers via ACH and standard wires are just 0.1% per transaction, with a flat $25 fee for Fedwire.
- From 0.2% International Payments: SEPA payments in EUR are 0.2% per transaction, while international wires are 0.2% plus a $50 SWIFT fee.
- 0.1% Crypto Transactions: We charge a simple 0.1% fee for USDT transactions, and our fiat-to-crypto conversions come with market rates and no hidden fees.
- 3% Corporate Card FX: For any spending on your corporate card in a non-USD currency, a 3% foreign exchange fee applies.
Reviews
Our clients consistently praise our exceptional customer support and our platform's ability to simplify complex financial operations, particularly for businesses in the Web3 space.
- Amit Chu, Investments @ Celo Foundation: “OneSafe has the best customer support I've ever experienced from a bank.”
- Marco, CEO of Ensuro: “OneSafe is a game-changer. They solve so many headaches for our company. Finally a banking solution that gets it.”
Want to learn more? Check us out here.
2. Soldo
Soldo provides a spend management solution for businesses to control and streamline company expenses. The platform uses an application and multiple payment methods to help organizations manage decentralized spending.
The system offers real-time tracking of multi-currency expenses, adjustable user permissions, and can be connected with accounting software like Xero. These tools are intended to let employees make purchases while the business maintains financial supervision.
Pricing
Soldo offers a tiered pricing structure for different business requirements, though specific pricing information is not publicly available. The company provides a free trial, and interested parties are advised to contact Soldo directly for detailed pricing.
Reviews
User reviews mention issues such as login problems, slow statement delivery, and challenges with the account closure process, alongside mixed opinions on customer support response times and quality. Check out more Soldo reviews here.
3. Payhawk
Payhawk is a spend management platform that integrates corporate cards, expense management, accounts payable, and procurement into a single system. This approach is intended to give businesses more visibility and control over their expenditures through real-time tracking and reporting.
The platform provides multi-currency Visa cards, automated receipt collection, and AI-powered data extraction in over 65 languages. It also supports multi-entity management and connects with accounting systems like Xero, QuickBooks, and NetSuite.
Pricing
Payhawk does not publicly list its pricing structure. Potential customers can obtain pricing information tailored to their business needs by scheduling a personalized demo.
Reviews
User feedback mentions challenges with the initial setup, the mobile app's synchronization, and occasional delays in transaction updates. Check out more Payhawk reviews here.
4. Countingup
Countingup is a UK-based company that offers a business current account with integrated accounting software. This combination is intended to allow small businesses to manage their finances within a single application.
The platform provides tools for instant invoicing, automatic expense categorization, receipt capture, and real-time tax estimates. These features are designed to automate financial administration, allowing business owners to concentrate on their primary operations.
Pricing
Here's their pricing at a glance:
- Tiered Monthly Fees: A monthly fee of £3, £9, or £18 applies, depending on total monthly deposits.
- Standard Transaction Fees: Charges include 30p for account transfers and direct debits, and £1 for ATM withdrawals.
- Foreign Transaction Fee: A 3% fee is applied to each foreign transaction.
- Cash Load Fees: Loading cash costs 0.5% at the Post Office, with a £2 minimum fee, or 3% at PayPoint.
- Card Replacement Fee: A £5 fee is charged for a replacement card.
Reviews
User reviews mention issues such as account suspensions and delays in fund transfers. Some customers also report limited support options, citing slow response times and the lack of a phone line. Check out more Countingup reviews here.
5. Niural
Niural is an AI-powered global Professional Employer Organization (PEO) and B2B payments platform that operates in the United States and over 150 other countries. The company provides a suite of services, including US and international payroll, PEO functions, benefits administration, and compliance management.
By using AI technology, Niural automates HR and payroll tasks to maintain compliance with local labor laws and support payroll processing. This integration allows businesses to manage their workforce, whether they have a small team or thousands of employees.
Pricing
Here's their pricing at a glance:
- US Payroll Basic: Starts at $100 per month, plus an additional $20 per employee per month.
- US PEO Basic: Begins at $120 per employee per month for HR and compliance support.
- Employer of Record: International services are priced from $599 per employee per month.
- Plus Plans: Higher-priced tiers are available for both US Payroll and US PEO services, which include additional features.
- Free Trial: A free trial is offered for the HR platform.
Reviews
User reviews comment on the platform's handling of HR and payroll tasks, with some mentioning occasional delays in customer support and difficulties navigating the system's features. Check out more Niural reviews here.
6. Airwallex
Airwallex is a financial technology company that was established in 2015, offering a suite of financial services for businesses. These services cover cross-border payments, multi-currency accounts, expense management, and corporate cards.
The platform enables businesses to hold funds in more than 20 currencies and provides foreign exchange rates with a markup of 0.5% to 1% above interbank rates. It also facilitates free local transfers to over 120 countries and offers corporate cards with no international fees, along with integration capabilities for accounting software.
Pricing
Here's their pricing at a glance:
- Free Explore Plan: Free for users who deposit at least $5,000 per month or maintain a minimum balance of $10,000. This plan includes multiple business accounts and transfers to over 120 countries.
- $99/month Grow Plan: Includes the features of the Explore Plan, plus international batch transfers, expense management, and bill pay services.
- $499/month Accelerate Plan: Includes all features of the Grow Plan, along with centralized management of finances across global entities and single sign-on capabilities.
- Custom Custom Plan: Pricing is tailored based on the requirements of high-volume businesses or those needing custom API implementations.
Reviews
User reviews frequently cite issues with customer service, such as delayed responses and unexplained account suspensions, as well as challenges with the onboarding process. Check out more Airwallex reviews here.
7. Multipass
Multipass is a UK-based financial technology company that provides businesses with multi-currency virtual International Bank Account Numbers (IBANs), local accounts in the EU, UK, and US. The company also offers corporate cards for daily expenses and access to online banking services.
The platform enables businesses to send, receive, and exchange funds in over 70 currencies, providing local account details for multiple regions. Clients are also assigned dedicated relationship managers for account support.
Pricing
Here's their pricing at a glance:
- From £500 Onboarding: Account opening and due diligence fees start at this price, with an additional £500 for priority service.
- From £100 Monthly Maintenance: A monthly fee is charged, and an account closure fee is equivalent to three monthly fees.
- Payment Fees: Charges apply to local and international transactions, including SEPA, Faster Payments, and SWIFT.
- Card Fees: Costs are associated with the issuance, replacement, and maintenance of cards, as well as transaction and ATM withdrawal fees.
- £100 Additional Users: A fee is charged for each user added after the initial account setup.
Reviews
Online user reviews for Multipass typically discuss topics such as platform reliability, the interface, international payment handling, and customer support. Check out more Multipass reviews here.
8. Propulse by CA
Propulse by CA is an online banking and management platform developed for entrepreneurs, freelancers, and small businesses. It provides a suite of tools intended to manage financial and administrative duties.
The service includes an online business account with a French IBAN, automated invoicing, and expense management capabilities. Users can also file URSSAF contributions through the application and access insurance provided with the payment card.
Pricing
Here's their pricing at a glance:
- €8 per month Starter Plan: This is the company's base subscription tier.
- €17 per month Start+ Plan: This is the company's higher-priced subscription tier.
Reviews
User feedback indicates some customers have experienced challenges with customer service accessibility, which has led to delays in creating accounts and resolving issues. There are also mentions of difficulties in contacting the company for support and reports of poor-quality service. Check out more Propulse by CA reviews here.
9. Blank
Blank is a French company that provides online professional accounts designed for freelancers and small businesses. The service offers a French IBAN and a Visa Business card to help manage company finances.
The platform includes tools for creating quotes and invoices, as well as automated Urssaf declarations to handle administrative duties. Additionally, Blank provides access to professional insurance solutions and various partner offers.
Pricing
Here's their pricing at a glance:
- Simple Plan at €6/month (excl. tax): Includes 30 SEPA transfers, tools for creating quotes and invoices, automated Urssaf declarations, and expense tracking.
- Confort Plan at €17/month (excl. tax): Contains all Simple plan features, plus phone support 5 days a week, 30 additional SEPA transfers, higher card limits, and income maintenance insurance.
- Complète Plan at €39/month (excl. tax): Offers all Confort plan features, with unlimited SEPA transfers, email and phone support 6 days a week, and higher card limits.
Reviews
User reviews indicate mixed experiences with the service. Some customers report challenges with the account closure process and delays related to fund transfers. Check out more Blank reviews here.
10. RelayFi
RelayFi is a financial technology company that provides an online banking platform designed for small businesses. The service offers a range of digital tools to assist companies with managing their financial operations.
The platform allows for the creation of up to 20 checking accounts, provides automated savings accounts, and is the official banking partner for the Profit First methodology. It also offers customizable debit cards with built-in spending policies and integrates with accounting software such as QuickBooks and Xero.
Pricing
Here's their pricing at a glance:
- $0 per month Starter Plan: This plan is for solopreneurs and new businesses and includes banking features, automated savings, and integrations with QuickBooks and Xero.
- $30 per month Grow Plan: This plan is for small teams and includes all Starter Plan features plus multi-step bill approval rules, customizable bookkeeping automation, and branded invoices.
- $90 per month Scale Plan: This plan is for larger teams and includes all Grow Plan features plus AI-powered automation, cash flow insights, and faster customer support.
Reviews
User reviews for RelayFi frequently comment on the platform's customer service and its integrations with accounting software. Some customers have reported experiences with transaction delays and account freezes. Check out more RelayFi reviews here.
Which One Should You Go With?
Choosing the right financial platform depends on your specific business needs, but if you're looking for a modern solution that excels in handling both traditional and digital assets, we recommend OneSafe. Sign up for OneSafe today to experience a banking platform that truly gets it.
