Provider at a glance
- Category
- Crypto Neobanks
- Entity
- Not verified
- Official website
- xapobank.com
Independent rankingchecked How it works
Details
Scored 79 out of 100 under methodology 2026.10.18, from the evidence read on file.
Xapo Bank
Private bank for dollars and bitcoin
Crypto Neobanks
#2 Overall
Ranked #2 of 7 crypto neobanks in the published ranking
79
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- Medium evidence confidence
Is Xapo Bank right for you?
Right for you if these matter most
- Fiat covered by a real deposit guarantee8/10, the category best
- What happens to your coins if they fail7/10, the category best
- Verified authorisation on both legs9/10, the category best
Look elsewhere if these come first
- Computable conversion cost3/10 here; Revolut scores 7
Not yet tested for your country. Markets it lists: Global. Restricted: United States.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best crypto neobank shows where it lands for you.
What will Xapo Bank cost you?
Not priced on this basis
- Payments per month
- 500
- Average payment
- $100
How safe is Xapo Bank?
- Evidence: partial3 of 4 criteria rest on quoted, sourced receipts.
- LicenceMiCA (EU): no register record on file here.
Alternatives to Xapo Bank
Compare all 4- 1Revolut2 points above · stronger on conversion cost (7 against 3)81
- 3Wirex27 points below · weaker on deposit protection (3 against 8)52
- 4N2628 points below · weaker on crypto asset safety (4 against 7)51
For your setup
Find out if Xapo Bank fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Xapo Bank lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best crypto neobankNothing is inferred from clicks, popularity or commercial value.
Why this rank
Why Xapo Bank ranks #2
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (23.2 here) sit inside the score; availability, friction, trust record and measured data add the rest. Best in this ranking on 3 of 4.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
358+8.965.08#1/7Loading evidence…
257+5.604.07#1/7Loading evidence…
259+7.207.09#1/7Loading evidence…
153+1.443.07#4/7Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin−2behind Revolut, #1
RobustnessOne point from changingacross a one-point change to each of its 4 criterion scores, the re-run scores 77–81 and ranks #1–#2
Evidence4 of 4 scored3 quoted, 3 with a source link
What would move the rank
Each line is the ranking run again with one of Xapo Bank’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
Fiat covered by a real deposit guarantee 8 → 9 on its ladder · passes Revolut+181#2 → #1
What happens to your coins if they fail 7 → 9 on its ladder · passes Revolut+281#2 → #1
Computable conversion cost 3 → 5 on its ladder · passes Revolut+281#2 → #1
Smallest climb: fiat covered by a real deposit guarantee 8 → 9 passes Revolut, #1.
Strengths
3 from the score dataWhere it leads
Best for readers who weight
- Fiat covered by a real deposit guarantee — 8/10, the category best
- What happens to your coins if they fail — 7/10, the category best
- Verified authorisation on both legs — 9/10, the category best
Tradeoffs
1 from the score dataWhere it trails
Not for readers who put first
- Computable conversion cost — 3/10 against a category best of 7/10
Record watch-outs
- You pay USD $1,000/year for the privilege of an account, and the deposit guarantee that justifies the price covers only the USD side — the bitcoin balance, which is the reason most people join, is expressly outside the Gibraltar Deposit Guarantee Scheme. Membership pricing is flagged on-site as "subject to constant change."
- Read again 14 September 2026: the Depositor Information Sheet (6 January 2026) confirms the £120,000 limit and the 'Seven working days' reimbursement period verbatim, but contains no statement about crypto assets. The exclusion sentence "Crypto asset deposits are not covered by the Gibraltar Deposit Guarantee Scheme (GDGS)" is footnote 3 on the membership page (xapobank.com/en/membership), not in the sheet. The tie-break rationale that Xapo prints the gap next to its marketing holds; the claim that the sheet states it does not.
- Read again 14 September 2026: the membership page carries the $1,000/year price, the 30-day refund window and the "*Our current pricing, subject to constant change." disclaimer, but the earlier headline "Earn Up to 4% APY... on both your USD and BTC" and its "targeted returns" footnote no longer appear anywhere on the site. The yield is now split: "Your dollar balance earns 3.35% annual interest in USD Savings, paid daily in Bitcoin" (homepage), Bitcoin Savings "Receive 0.25% APY, paid daily", and "up to 4% APY" only for the BTC Credit Fund, where "The 4% rate is a target, not a guarantee."
Competitive position
Where Xapo Bank leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#1 / 714.0 of 20 · pool best
Published criteria#2 / 717.4 of 30 · best 18.0
Friction#1 / 72.7 of 10 · constant here
Trust record#1 / 73.2 of 8 · constant here
Measured data#1 / 79.7 of 18 · pool best
Where Xapo Bank leads
- Fiat covered by a real deposit guarantee#1 / 7
- What happens to your coins if they fail#1 / 7
- Verified authorisation on both legs#1 / 7
Where it trailsNo criterion in the bottom third of its pool.
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Revolut#1 of 7 · score 81 · 2.0 points ahead
Xapo Bank leads on
- Fiat covered by a real deposit guarantee8 vs 7
Revolut leads on
- Computable conversion cost7 vs 3
Largest single reason Revolut is ahead: published criteria (+1.6 display points).Scenario cost: Revolut has no verified pricing for this scenario.
Wirex#3 of 7 · score 52 · 27.0 points behind
Xapo Bank leads on
- Fiat covered by a real deposit guarantee8 vs 3
- What happens to your coins if they fail7 vs 2
- Verified authorisation on both legs9 vs 4
Wirex leads onNo scored criterion
Largest single reason Xapo Bank is ahead: published criteria (+27.6 display points).Scenario cost: Wirex has no verified pricing for this scenario.
N26#4 of 7 · score 51 · 28.0 points behind
Xapo Bank leads on
- What happens to your coins if they fail7 vs 4
- Verified authorisation on both legs9 vs 7
N26 leads onNo scored criterion
Largest single reason Xapo Bank is ahead: availability (+20.8 display points).Scenario cost: N26 has no verified pricing for this scenario.
Against the leader
81 vs 79 · gap 2.0Why Revolut ranks above Xapo Bank
The compare workspace's arithmetic applied to these two rows. Each dimension's share of the gap is its weight × the difference, on the displayed scale — it reproduces the displayed gap of 2.0 to within rounding.
DimensionThisRevolutGap share
Availability · 23% weight14.014.0same
Published criteria · 35% weight17.418.0−1.6, worse
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight9.79.7same
Published criterionThisRevolutPoints
Fiat covered by a real deposit guarantee · w3587+1.12, better
Computable conversion cost · w1537−1.92, worse
Net7981−2.0
Your scenario
Xapo Bank is not priced for this scenario
Percentage and fixed legs on each payment, for a year. Excludes chargebacks, FX markup and settlement fees priced separately. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
Payments per month · your input500
Average payment · your input$100
Rate read from the provider’s published pricing ↗ on 14 September 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 7 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
7 of 7 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
No evidence reading date recorded
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidencePartial3 of 4 criteria reconstruct from receipts
3 of 4 criteria reconstruct from a quoted, sourced receipt.Public receiptsReading…3 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 3 dated sources quoted.RobustnessOne point from changingrank #1 to #2 across one-point re-runs
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.Some criterion strengths have no observation on file, or their quote carries no source URL a reader could follow.
Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
Fiat covered by a real deposit guaranteestrength 8 · weight 35Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.What happens to your coins if they failstrength 7 · weight 25Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Verified authorisation on both legsstrength 9 · weight 25Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Computable conversion coststrength 3 · weight 15Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by Fiat covered by a real deposit guarantee · 35% (Xapo Bank 8/10)Scored by What happens to your coins if they fail · 25% (Xapo Bank 7/10)
- Regulatory failure (Xapo Bank 9/10): no licence where you are, or a forced market exit.Scored by Verified authorisation on both legs · 25%
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Execution failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Computable conversion cost (15%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- Membership: "$1000 USD annual membership fee." ("*Our current pricing, subject to constant change."), with "a full refund within the 30-day window". Yield is split and variable. Homepage: "Your dollar balance earns 3.35% annual interest in USD Savings, paid daily in Bitcoin"; Bitcoin Savings "Receive 0.25% APY, paid daily"; BTC Credit Fund "earn up to 4% APY" ("The 4% rate is a target, not a guarantee."). BTC conversion: no fee schedule is published, only the floor "Institutional-grade spreads as low as 0.29%". The VASP terms price Advanced Orders at "the same spread that Xapo applies to standard purchases and sales of bitcoin". Altcoins (ETH, ADA): "A transparent 1% fee is applied to each trade". Card: "Cash withdrawal (ATM) in and outside Gibraltar above 100 USD per month: 2% of the withdrawal amount". Rails: Faster Payments £0.15; SEPA deposits €0.10, outbound €0.15 (Instant €0.20); FedACH deposits $0.50 + 0.1%; "FedWire deposits $20 + 0.1% of transaction value"; "FedACH withdrawals $30 + 0.15% of transaction value".Xapo Bank — official pricing page ↗ · 14 September 2026
- Prices published in
- USDXapo Bank — official pricing page ↗ · 14 September 2026
- Licences held
- Gibraltar: Banking licence
- Compliance level
- full
- Regulatory note
- Xapo Bank Limited — Gibraltar company No. 111928, regulated by the Gibraltar Financial Services Commission under the Financial Services Act 2019 as a 'credit institution' under Permission No. 23171. Xapo VASP Limited — Gibraltar company No. 118088, GFSC-regulated as a 'DLT Provider' under Permission No. 26061.
- Supported chains
- Not published
- Markets served
- global
- Primary markets
- Not published
- Restricted markets
- United States
- Operating limits
- Not published
- Availability note
- Served from Gibraltar; US persons are excluded (Legal Notice 6.3). Xapo Credit loans are not available to UK residents.
No confirmed legal entity is on file for this record. Nothing is inferred from the brand name.
If something goes wrong with Xapo Bank: where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
12 methodology entries
- currentCurrent verified snapshot · methodology 2026.10.18Score 79, #2 of 7. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt crypto_neobanks:xapo_bank:2026.10.18:de7616b99358
Are you Xapo Bank? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.