# OTP Bank online vs API mBank

The clearest difference is update cadence: OTP Bank online at every 2 weeks against API mBank's every 3 months. On price, ads, in-app purchases and device support there is nothing between them.

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

OTP Bank online ships an update every 2 weeks, API mBank every 3 months. The most recent releases landed on November 3, 2026 and October 30, 2026 respectively.

## The numbers

| Metric | OTP Bank online | API mBank |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.6 (827 ratings)](https://appshunter.io/ios/app/otp-bank-online/id1483041733/reviews)** | — |
| Number of ratings | **827** | — |
| Positive reviews | 29.9% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 2 weeks** | Every 3 months |
| Monetization | Free | — |
| Size | 585 MB | 56 MB |
| Requires iOS | 15.0 | 15.0 |
| Devices | iPhone, iPod | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [OTP Bank Russia](https://appshunter.io/developer/608183242) | [API Bank a.d. Beograd](https://appshunter.io/developer/1314365292) |

## What reviewers say

### OTP Bank online

[App page](https://appshunter.io/ios/app/otp-bank-online/id1483041733)

Manage your banking needs directly from your smartphone. Open new accounts, cards, loans, and deposits. Easily pay for purchases, transfer money, and control your transaction history. This app offers a convenient way to handle your finances anytime, anywhere.

**Highlights:** Open new accounts and cards, Apply for loans and deposits, Pay for purchases, Transfer money, Control purchase history, Manage accounts, Pay loans remotely

**Features:** Apple Wallet

**In-app purchases:** none

**What reviewers like**

- 💰 Competitive interest rates on savings accounts
- 💳 Attractive cashback categories
- 🎨 Well-designed UI with nice animations
- 👍 User-friendly interface (for some users)
- 📱 Continuous improvements and developer efforts

**What reviewers complain about**

- 🐛 App crashes and fails to load frequently
- 💸 Excessive commissions on transfers
- ❌ Cannot change default recipient bank
- ⚠️ Unreliable payment processing and delays
- 🚫 Account blocking without clear explanation

**Reported bugs**

- App fails to open or becomes unusable after updates
- Cannot transfer funds when changing recipient bank
- Payment processing delays causing false overdraft notifications
- Insufficient funds shown but payment still fails days later
- Category access limited to 30% threshold

**Requested features**

- Flat subscription model instead of per-transaction fees
- Improved customer support responsiveness
- Better payment processing reliability
- Clearer account status and restrictions information
- Faster account closure process


### API mBank

[App page](https://appshunter.io/ios/app/api-mbank/id6468471731)

**Features:** Apple Wallet

**In-app purchases:** none


## Frequently asked questions

### Is OTP Bank online free?

OTP Bank online is free to download, with no in-app purchases.

### Is API mBank free?

API mBank is free to download, with no in-app purchases.

### Do OTP Bank online or API mBank have ads?

Neither OTP Bank online nor API mBank shows ads.

### Which is updated more often, OTP Bank online or API mBank?

OTP Bank online ships an update every 2 weeks, and API mBank every 3 months. Most recently, OTP Bank online was updated on November 3, 2026 and API mBank on October 30, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*