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Ranking of the best mobile banking apps in Spain

The indiscriminate advance of applications and management programs has permeated most business activities in daily life. In the case of the banking sector, the best mobile banking apps have a series of advantages and benefits that users prefer over the traditional option.

Table of Contents

Currently, there are many mobile banking apps with which to manage our finances.

First of all, let’s see…

What are mobile banking apps?

These applications are computerized management services that make it possible to manage personal finances and carry out most of the operations in the sector. They are interfaces that have the data of our accounts that users can access in real time.

These applications make it possible to automate operations and significantly reduce the cost of management, greatly simplifying the processing of requests and queries. The user can monitor accounts, deposits, make transfers and access all kinds of benefits associated with mobile banking.

Today, most traditional banks offer some type of mobile banking service or application available for managing your finances. This phenomenon had its greatest increase during the pandemic, when it became essential to be able to do these types of operations remotely

Features of the best banking apps

As these are commercial products and services, the main characteristics of virtual banking applications are shared by the various providers in the market. However, some of them stand out among their competitors for having better ratings among users and having a greater operational capacity and variety of services.

On the other hand, the possibility of navigating the application in an agile and intuitive way also represents an extremely important point for the user. In this sense, the application must be visually attractive, understandable and simple.

Thirdly, the cost and the possibility of unrestricted access to the service: mobile banking is characterized by fierce competition between different banks and applications, so the cost can be a determining factor —commissions, subscriptions, account linking, etc —.

Finally, mobile banking applications must have a high operational capacity to quickly process user queries, requests and transactions. The best applications are those that minimize customer waiting time.

Which are the best mobile banking apps of 2022?

According to the latest reports, the number of transactions that are now conducted online far exceeds the volume of transactions that are conducted in person at branches and call centers.

The best apps are also the ones with the most subscriptions due to the quality of service and user experience. They are inexpensive and offer benefits and rewards to users, as well as the ability to handle an increasing variety of transactions.

The following are the top three mobile banking apps of 2022:

BBVA mobile

The best performing app on the market belongs to BBVA bank. It won the award for the best banking application on the planet. According to its functions, user experience and management features, it has the best performance and operational capacity.

Indeed, most banking operations transfers like payments or queries  can be performed quickly and easily. The application produces reports and customizes the use so that the most frequent operations are more accessible and less time-consuming.

The interface is intuitive and adapts perfectly to the functions of the different devices and operating systems on the market. It has very few restrictions on the type of operations.

Banco Santander has been a great success thanks to its Santander Piggy Bank

Sabadell Mobile App

This application is another of the best valued by users and developers in the sector. It is simple and agile in the operations it offers; account management, transactions, investment and payments, among others:

The application has the digital signature system that allows simplifying the process and accessing a greater number of operations without resorting to a second security verification.

This application is constantly updated to improve the quality of service, with the aim of remedying the reservations caused in the market due to the poor performance of this and other applications in previous years.

ING Spain

In the case of banking applications, ING is one of the most representative of the sector. This Dutch institution offers banking, investment and insurance services, most of which can be transacted through its mobile app.

The entity has a very strong presence in the digital sphere, but does not have a physical presence similar to traditional banks: it offers the possibility of withdrawals without commissions in other institutions such as banks and supermarkets.

It is an app that focuses especially on online services and, therefore, invests heavily in improving the user experience.

The financial and banking sector has undergone a major transformation due to IT developments. The majority of transactions are carried out online and new generations of customers expect an ever-increasing performance. The best mobile banking apps anticipate this phenomenon.

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