Comparison

Vault vs SimlessPay

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Vault

Manage your global finances with a low-cost money app. Instantly transfer and exchange currencies with no hidden fees. Control your money from your phone and spend worldwide with a prepaid Mastercard.

Highlights
  • Instant currency exchange
  • Multi-currency prepaid Mastercard
  • Free global money transfers
  • Real-time transaction notifications
  • Dynamic FX rate alerts
  • Companion cards for family
  • Secure touch/face ID login
Read full description

Vault is a global money app that allows you to instantly transfer and exchange currency to and from your account in real time with no stress, no hassle and no hidden charges. With the multi-currency deVere Vault Prepaid Mastercard®, you can spend money online, in store or at any ATM locations across the globe that has the Mastercard® acceptance mark. Designed to fit around your busy schedule, Vault gives you full control of your own finances in the palm of your hand. Our Goals We want to implement greater transparency within the banking world by providing a secure, seamless experience that facilitates your currency exchange with no hidden fees. Features Create an account in five settlement currencies: GBP, USD, EUR, CHF, PLN. Transfer money between accounts instantly and for free anywhere in the world. Transfer and store in a further 22 currencies Top up your wallet by bank transfer, or instantly via debit card. Instant Vault-2-Vault transfers between users. Receive money from third-party bank accounts. Add up to 3 Companion Cards for family and friends under the primary Vault user account. See the exact exchange rate before committing to a conversion. Set up dynamic FX rate alerts to exchange at the optimum time. Get real-time notifications after every transaction. Enable and disable contactless/magstripe/online transactions or ATM withdrawals in app. Turn payments on and off when you're abroad. Get rewarded for recommending Vault to family and friends. Secure touch/face ID login Experience instant live chat support Freeze and unfreeze your card on the go deVere Vault Prepaid Mastercard® The deVere Vault Prepaid Mastercard® is a multi-currency card that can be ordered from the app at the touch of a button. The card can then be used online, in store and at any ATM locations across the globe that have the Mastercard® Acceptance Mark. Security Secure Account As well as being fast and user friendly, we believe that account safety is of utmost importance. That’s why your data is kept under the highest levels of encryption and your money is held securely in an account that cannot be touched by the bank. Card Transactions All Vault Card transactions are processed by a Mastercard® Certified processor which has attained the necessary PCI DSS (Payment Card Industry Data Security Standard) Level 1 accreditations required. Secure Account As well as being fast and user friendly, we believe that account safety is of utmost importance. That’s why your data is kept under the highest levels of encryption and your money is held securely in an account that cannot be touched by the bank. Instant Vault allows you to instantly load and convert money in up to 27 currencies. Whether you need to send money to friends, pay bills overseas or just want to save money on currency exchange, our user-friendly app is the only travel companion you need. Currency Create and fund your account in five major currencies: GBP, USD, EUR, CHF and PLN, with the option to exchange, spend and store in a further 22 currencies. Make transactions and purchases anywhere in the world, with the deVere Vault Prepaid Mastercard®. Freedom We eliminate hidden banking fees by always showing you the exact conversion rate before you commit to an exchange. Vault users have complete control over every aspect of their account, meaning payments are secure and can be made anywhere Mastercard® is accepted.

About

SimlessPay

This app facilitates instant international money transfers for various needs like education, medical bills, or housing. It prioritizes security with open banking technology and offers competitive exchange rates and transparent pricing. The goal is to provide a smooth and stress-free cross-border payment experience.

Highlights
  • Instant money transfers
  • Secure open banking technology
  • Competitive exchange rates
  • Transparent low-cost fees
  • Regulated and supervised
  • Cross-border payments
Features
Read full description

Simlesspay - Effortless Money Transfers for Your Needs The Simlesspay money transfer app simplifies the process of sending money to your loved ones. Whether it's for educational expenses, medical bills, monthly support, or housing projects, we've got you covered. Our goal is to redefine international money remittance with the latest technology, ensuring smooth and stress-free cross-border payments. Key Features of Simlesspay: Instant Transfers: No more waiting for minutes, hours, or days. Simlesspay ensures that your transfers are completed instantly. Security and Peace of Mind: We prioritize your security. Simlesspay utilizes open banking technology with strong customer authentication (SCA) to safeguard your account. Competitive Exchange Rates: Simlesspay always strives to provide you with better exchange rates compared to our competitors. Transparent Pricing: Our low-cost fees are upfront and consistent across the board. You can even choose whether to pay transaction fees during the transfer process. Regulated and Supervised: Simlesspay is registered and approved by the UK Financial Conduct Authority (FCA) under the Payment Services Regulations 2017. We are also supervised by the HMRC for anti-money laundering compliance. How Simlesspay Works: Download the App: Get started by downloading our mobile app. Quick Registration: Complete a brief registration process that takes just a few minutes. Choose Your Destination: Select the recipient's location. Specify the Amount: Decide how much you want to send. NO Fee: Enjoy Transactions without any fee. Add Recipient: Enter recipient details securely. Secure Payment: Use our open banking facility for a safe and convenient payment process. Instant Notifications: Receive an instant notification as soon as your transfer is successfully completed. For more details, visit our website at https://simlesspay.com or reach out to us via email at info@simlesspay.com

Screenshots

Vault4 screens
SimlessPay4 screens

Verdict

The call

The clearest difference is rating: SimlessPay at 4.6 against Vault's 3.1. SimlessPay also leads on review sentiment (80% vs 52%). On price, ratings volume, update cadence and ads there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

SimlessPay holds the better App Store score, 4.6 against 3.1. Both are backed by a comparable volume of ratings — 17 and 32 respectively. Written reviews point the same way: 52% of Vault's written reviews are positive against 80% of SimlessPay's.

UpkeepUpdate frequency

Vault ships an update every 3 weeks, SimlessPay every 10 days. The most recent releases landed on October 24, 2026 and October 25, 2026 respectively.

Scorecard2 real differences · 8 level
Vault versus SimlessPay: the parameters behind the verdict, then further details
ParameterVaultSimlessPay
PriceFreeFree
Rating3.1 (17 ratings)4.6 (32 ratings) — better
Positive reviews52.3% of reviews79.6% of reviews — better
Number of ratings1732 — better
Update frequencyEvery 3 weeksEvery 10 days — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPadiPhone, iPad, iPod — better
Requires iOS16.015.6 — better
Further details — not scored
Size110 MB81 MB
Age rating4+4+
DeveloperDEVERE GROUP LIMITEDSimlessPay

Customer experience

Vault

All ratings17 ratings
Positive52.9%
Neutral5.9%
Negative41.2%
Written reviews44 reviews
Positive52.3%
Neutral0.0%
Negative47.7%

SimlessPay

All ratings28 ratings
Positive89.3%
Neutral0.0%
Negative10.7%
Written reviews103 reviews
Positive79.6%
Neutral0.0%
Negative20.4%

In-app purchases

None

Vault

No in-app purchases

None

SimlessPay

No in-app purchases

Questions

Is Vault free?
Vault is free to download, with no in-app purchases.
Is SimlessPay free?
SimlessPay is free to download, with no in-app purchases.
Which has better reviews, Vault or SimlessPay?
SimlessPay is rated higher. Vault averages 3.1 out of 5 from 17 ratings, while SimlessPay averages 4.6 from 32 ratings.
Do Vault or SimlessPay have ads?
Neither Vault nor SimlessPay shows ads.
Which is updated more often, Vault or SimlessPay?
Vault ships an update every 3 weeks, and SimlessPay every 10 days. Most recently, Vault was updated on October 24, 2026 and SimlessPay on October 25, 2026.

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