SeaBank’s pitch is hard to argue with: 6% per annum on savings, 100 free BI-FAST transfers per month, no admin fee. The friction shows up later. Cash deposits and withdrawals route through Indomaret, the headline rate sometimes tiers down on larger balances, and the app’s tighter integration with Shopee feels like a feature only if you live inside Shopee. We compared seven SeaBank alternatives that handle daily banking, savings, and QRIS with different trade-offs.
This guide is for users who opened a SeaBank account for the rate but want a more flexible primary, and for anyone choosing a first digital bank.
Quick comparison
| App | Best for | Free tier | Cost | Standout feature |
|---|---|---|---|---|
| Bank Jago | Goal-based savers | Free | Free, 25 free transfers/month | Up to 60 Kantong sub-accounts |
| Jenius | Polished UX | Free entry | ~Rp10,000/mo waivable | Multi-currency virtual cards |
| BRImo | Payroll and reach | Free | Free intra-BRI | 160-country transfer |
| wondr by BNI | Travelers | Free | Free intra-BNI | 12 currencies, QRIS Cross-Border |
| BCA mobile | ATM access | Free | Free intra-BCA | Largest ATM network |
| Livin’ by Mandiri | Cross-border | Free | Free intra-Mandiri | 18-currency transfer |
| DANA | QRIS-first wallet | Free | Free | Plays well with all marketplaces |
Why people leave SeaBank
The ecosystem leans on Shopee
Free ShopeePay top-ups and zero-fee Shopee VA checkout are real benefits if you shop on Shopee weekly. If your spend has moved to Tokopedia, TikTok Shop, or Blibli, those benefits do not apply, and the app’s homepage still surfaces Shopee promos.
Indomaret-only cash counter
SeaBank has no branches and no ATM network. Cash withdrawals and deposits go through Indomaret with limits. For salary days or business deposits, that constraint is painful.
The 6% can tier down on larger balances
The headline 6% p.a. applies to specific balance bands. Once you cross into higher tiers the marginal rate drops. Active campaigns also change every few months.
SeaBank Pinjam is limited
The SeaBank Pinjam loan feature with up to Rp30 million and 2% per month interest is appealing, but it is “limited to selected customers.” If you need credit on demand, a bank with a wider loan suite is more reliable.
The alternatives
Bank Jago — Best for sub-account budgeting
Bank Jago is the closest peer to SeaBank in the digital-bank category. Up to 60 Kantong sub-accounts, shared Kantong for joint expenses with up to 25 people, and tight integration with the GoTo ecosystem (GoPay top-ups, GoFood payments). The UX is opinionated about goal-based saving in a way SeaBank is not.
Where it falls short: Base savings rate is below SeaBank’s 6%. Loan products are still narrow.
Pricing:
- Free: Account, debit card, 25 free transfers/month after first activity
- Paid: Beyond the quota, standard interbank fees
- vs SeaBank: Better budgeting, lower base savings rate
Migrating from SeaBank: Open Jago in-app via e-KTP video, transfer in via BI-FAST.
Bottom line: The strongest pick if you spend in the GoTo ecosystem and want budgeting baked in.
Jenius — Best for currency wallets and clean UX
Jenius from SMBC Indonesia (formerly BTPN) was Indonesia’s first digital-native bank. Multi-currency wallets, virtual cards for online subscriptions, Save It buckets, and a Pay Me request flow. The app is the polished benchmark for the category.
Where it falls short: Feesight monthly admin fee of about Rp10,000 unless you meet salary or balance waivers.
Pricing:
- Free: Account, basic transfers
- Paid: ~Rp10,000/mo Feesight, waivable
- vs SeaBank: Better UX, costs a small admin fee, lower base savings rate
Migrating from SeaBank: All-app onboarding, virtual card instant, m-Card by post.
Bottom line: The right pick if you want a digital-first bank that handles multi-currency and online subscriptions cleanly.
BRImo — Best for branches, ATMs, and payroll
BRImo swaps SeaBank’s digital-only model for full SOE bank infrastructure. AgenBRILink coverage means cash access in rural areas SeaBank cannot serve. Remote registration from 11 countries works for overseas Indonesians.
Where it falls short: Outages on payroll dates are well documented. App rating 4.6 is good but the maintenance windows are a real friction.
Pricing:
- Free: Account opening, intra-BRI, QRIS, monthly free BI-FAST allowance
- Paid: Beyond quota, standard fees
- vs SeaBank: Real cash network, lower savings rate
Migrating from SeaBank: Open BRI in-app via video verification.
Bottom line: Pick BRImo if your payroll, family, or business is anchored outside Java’s metros.
wondr by BNI — Best for travelers
wondr by BNI holds 12 foreign currencies in one account, supports QRIS Cross-Border (Singapore at launch, more corridors rolling out), and connects directly to BIONS investments. Cleaner than SeaBank for international use.
Where it falls short: Smaller install base than the big four. Some users report freezes during multicurrency activation.
Pricing:
- Free: Account, intra-BNI, QRIS local and Cross-Border
- Paid: FX spread on conversion
- vs SeaBank: Stronger for travel, weaker for high-yield savings
Migrating from SeaBank: In-app onboarding via e-KTP video.
Bottom line: If you travel or hold USD/SGD, wondr is more useful than another high-yield savings app.
BCA mobile — Best for ATM density
BCA mobile runs the largest private ATM network. Cardless withdrawal at almost any urban corner is the practical advantage SeaBank cannot match.
Where it falls short: App rating is 4.0, the UI feels older, and many features now ship in myBCA first.
Pricing:
- Free: Intra-BCA transfers, QRIS, cardless ATM
- Paid: Standard interbank fees
- vs SeaBank: Cash access wins, savings rate loses
Migrating from SeaBank: Open BCA via video call in-app.
Bottom line: Pair BCA mobile with SeaBank if cash withdrawals are part of your weekly rhythm.
Livin’ by Mandiri — Best for cross-border send
Livin’ by Mandiri sends to 29 countries in 18 currencies, holds 12 currencies in a Forex account, and supports QRIS in five Asian markets. The investment dashboard is in the same app.
Where it falls short: Rating 4.1, saved billers occasionally reset after updates.
Pricing:
- Free: Intra-Mandiri, QRIS, basic transfers
- Paid: BI-FAST fees outside allowance, FX spread on conversion
- vs SeaBank: Materially stronger for international, weaker for savings rate
Migrating from SeaBank: Open Mandiri via in-app video verification.
Bottom line: Pick Livin’ if family remittances or international supplier payments are routine.
DANA — Best QRIS pairing
DANA is an e-wallet, not a bank. It covers QRIS, send money, and top-ups across most marketplaces. Useful as the daily-spend layer that sits on top of any bank account.
Where it falls short: Wallet, not a deposit account. No high interest. Balance caps apply unless you upgrade.
Pricing:
- Free: Wallet, QRIS, send to bank accounts (caps apply)
- Paid: Top-up fees may apply by source bank
- vs SeaBank: Different category, complement rather than replace
Migrating from SeaBank: Link SeaBank as a top-up source via BI-FAST.
Bottom line: Pair DANA with SeaBank for the smoothest QRIS-first daily wallet.
How to choose
Pick Bank Jago if you want goal-based saving and the GoTo ecosystem fits how you spend. Pick Jenius if a small admin fee buys you the cleanest UX in Indonesian digital banking. Pick BRImo for cash access in rural areas and remote onboarding from abroad.
Pick wondr by BNI if your spending crosses borders. Pick BCA mobile for ATM density. Pick Livin’ by Mandiri for serious international transfers. Pick DANA as a wallet layer, not a replacement.
Stay on SeaBank if Shopee is a regular part of your week, the 6% rate matches what you would otherwise earn, and Indomaret cash service fits your patterns. SeaBank’s combination of free transfers and a competitive rate is genuinely hard to beat for users who fit the profile.
FAQ
Which Indonesian digital bank pays the most interest?
SeaBank’s 6% p.a. is the headline rate. Bank Neo Commerce, ALLO Prime, and Krom Bank have run promotional rates at or above 6% in past campaigns. Always check the current tier structure before committing larger balances.
Can I open these accounts without going to a branch?
All seven accept full digital onboarding with e-KTP and video verification. None require a branch visit.
Does Bank Jago integrate with GoPay?
Yes. Jago is part of the GoTo Financial group. You can top up from Jago into GoPay (and pay with GoPay sourced from Jago) without leaving the GoTo apps.
Is SeaBank safe?
SeaBank is licensed and supervised by OJK and is a member of Lembaga Penjamin Simpanan (LPS), with deposits insured up to LPS limits.
What is the closest free SeaBank alternative?
Bank Jago is the most direct free alternative with sub-account budgeting. For pure savings rate, Bank Neo Commerce has competed at or above SeaBank’s rate in periodic campaigns.
Should I keep cash in a digital bank?
Digital banks in Indonesia are LPS-covered up to the same Rp2 billion per depositor as physical banks. For amounts above that, splitting across institutions is prudent regardless of bank type.
