Reviews: Monito – Compare Currency Transfer Services

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Transferwise, Currencyfair, PayPal, your bank…there are lots of different ways to exchange money into different currencies and, if you’re an expat living abroad, it might be something you’ll have to do quite often. In fact, many expats in Portugal do this on a monthly basis. These days, most people know that high street banks charge … Read more

How to Send Money to Portugal (& Get the Best Possible Rate)

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If you’re living in Portugal, or just spending a lot of time here, it’s quite likely that you’ll need to transfer money to a Portuguese bank account at some point.  You may need to transfer your pension from another country. You may need to transfer money to buy a house. You may need to transfer … Read more

Opening a Revolut Bank Account in Portugal

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Bank accounts normally aren’t free in Portugal, so app-based digital banks like Revolut and N26, as well as Portugal’s own Activobank, have become extremely popular. As of January 2019, Revolut has more than 100,000 registered users in Portugal alone and the number is expected to grow. Aside from being free, it’s easy to see why … Read more

Portugal Cost of Living: The Breakdown

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Portugal is one of the most affordable places to live in Western Europe. Combine that with beautiful weather, great food, and it’s easy to see why so many people are choosing to make Portugal their home. All kinds of people choose to make Portugal their home, and Portugal has even attracted a few celebrity faces … Read more

Using Transferwise to Send Money to Portugal

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If you have a bank account in Portugal, and you get paid or have money in another currency, you’ll probably transfer money to your Portuguese bank account several times per year. Transferring your money from one currency to another can be costly, but Transferwise helps to reduce those costs. Their fees are lower, and their … Read more

Cost of Living in Porto: The Breakdown

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Porto is one of Portugal’s most beautiful cities, and some would say its most beautiful. Although smaller than Lisbon, it has plenty of great bars, restaurants, shops, and cafés. Most importantly, the cost of living in Porto is much more affordable than Lisbon particularly when it comes to rental and property prices. Porto’s proximity to … Read more

Opening an N26 Bank Account in Portugal

Banking in Portugal typically comes with a monthly fee of around €5-€10 per month, but German bank account N26 is completely free and available in Portugal. It doesn’t have Multibanco functionality, which you may well need if you have bills to pay, but if you just need a Euro bank account to save and withdraw … Read more

Cost of Living in Lisbon: The Breakdown

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Lisbon’s cost of living has risen in the past few years, particularly when it comes to rental costs. Although there are more expensive restaurants and coffee shops than there were a few years ago, most of the other living costs have risen in a much less dramatic fashion. It’s still possible to find a lunch … Read more

4 Cashback Websites That Are Available in Portugal

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Cashback websites are a quick and easy way to save money, and the good news is that there are now several cashback websites in Portugal. If you’re not familiar with cashback, the concept is fairly simple. Simply sign up with one (or all) of the programs below and, every time you shop at an affiliated … Read more

A guide to using ATMs in Portugal

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In Portugal, there are basic ATMs and there are also Multibancos. Multibancos in Portugal aren’t just used for withdrawing cash; you can also use them to pay utility bills, pay your VAT, pay your income tax, pay for concert tickets, and pay your social security contributions. All of this is quite impressive until you’re stuck … Read more