Comparison

MTB Neo vs CB Pay

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

Head to head
About

MTB Neo

Manage your bank accounts and perform various financial transactions on the go. This app allows real-time account viewing, fund transfers, mobile recharges, and bill payments. It also facilitates opening new products and ordering checkbooks, all secured with advanced encryption and two-factor authentication.

Highlights
  • Real-time account information
  • Fund transfers (local & international)
  • Mobile top-up
  • Credit card management
  • Bill payments
  • FDR & DPS account opening
  • Checkbook ordering
Features
Read full description

Stay connected to your MTB account and services 24/7 with the MTB Neo App, now available for iOS devices. This convenient, free service is offered to all MTB customers registered for the MTB Neo App. With the MTB Neo, you can: * View account information in real-time * Transfer funds to MTB or other banks via NPSB/BEFTN/RTGS * Perform MFS transfers and add beneficiaries * Recharge mobile phones instantly * Access credit card details and pay bills (in local and international currencies) * Opening FDR & DPS products * Order checkbooks and much more How do you activate the MTB Neo App on your device? 1. Click on Register to MTB Neo 2. Input your registered mobile number 3. Verify OTP 4. Select your bank account number or card number 5. Set your user ID and password 6. You are ready to log in to MTB Neo Your Security Is Our Priority MTB ensures a secure mobile-based banking experience with state-of-the-art security features: * Registration Required: You must be registered for MTB Neo to access the iOS app. * Activation Process: App usage requires an activation request from your MTB Neo account. * Advanced Encryption: The service is secured by SSL encryption and additional proprietary encryption technology from MTB. * Device Restriction: Only registered devices can access the MTB Neo iOS App. * Two-Factor Authentication: Every transaction is protected by two-factor authentication for added security. Need Assistance? Our 24/7 MTB Contact Centre is here to help: * Domestic Calls: 16219 or 096040 16219 * International Calls: +880 96040 16219 * Email: customer.service@mutualtrustbank.com With MTB Neo, enjoy seamless, secure, and convenient banking at your fingertips!

About

CB Pay

This mobile banking app offers a convenient way to manage your finances on the go. Perform transfers, make payments via QR codes, top up mobile phones, and apply for banking services. It also helps you locate ATMs, branches, and merchants.

Highlights
  • Money transfers via ATM, account, phone, or NRIC number
  • Dynamic and static QR code payments
  • Mobile top-ups for major carriers
  • ATM/branch/merchant location finder
  • Scheduled payments
  • Bill payments
Features
Read full description

CB Bank PCL is one of the largest private banks in Myanmar. CB Bank was established on 21st August 1992 with the permission of the Central Bank of Myanmar under the law of Financial Institutions of Myanmar and the Central Bank of Myanmar. CB bank always strives to offer enjoyable experiences for the customers with the best solution and most reliable financial services. With such objectives towards improving technology and innovation in the rapidly changing landscape of banking and financial services, we have launched the CB Pay – mobile banking app which is a solution to delight our valued customers. CB Pay not only facilitates banking at your fingertips but also eases your lifestyle. CB Pay is a mobile banking service which is available to use in all mobile phone devices. Customers can download CB Pay app to their mobile phones and do self-registration for their wallet account. If customers already have ATM card, they can register with their ATM card number so that CB pay will automatically link with his ATM card account. CB Pay Features - Transfer money to all CB Bank customers with ATM card number, Account number, Phone number (CB pay number) or even with NRIC number for those who do not have bank account/ATM or CB pay wallet account. - Pay or Request money with dynamic QR code within CB pay users. - Make payment with static QR code at stores, restaurants or taxi drivers. - Check the default account’s balance at sneak peak - Top-up mobile (MPT, MecTel, Telenor, Ooredoo) - Enjoy services like ATM card application, loan application or cheque book requests. - Pay your bills such as electricity bill, 4-TV bill or insurance. - Top-up Master/Visa cards and repay credit card - Find your nearest CB Bank ATMs/CRM, branches, Exchange Counters, CB agents and Merchants locations on-the-go. - Scheduling your payment for specific purpose and dates. - Find up-to-date exchange rate

Screenshots

MTB Neo4 screens
CB Pay4 screens

Verdict

The call

The clearest difference is rating: CB Pay at 3.7 against MTB Neo's 3.4. CB Pay also leads on iOS requirement (11.0 vs 15.6). MTB Neo's advantage is review sentiment (41% vs 22%) and update cadence (every 5 weeks vs every 4 months). On price, ratings volume, ads and in-app purchases 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

CB Pay holds the better App Store score, 3.7 against 3.4. Both are backed by a comparable volume of ratings — 238 and 527 respectively. Written reviews complicate that: 41% of MTB Neo's written reviews are positive against 22% of CB Pay's, so the app with the better star average is not the one people write more warmly about.

UpkeepUpdate frequency

MTB Neo ships an update every 5 weeks, CB Pay every 4 months. The most recent releases landed on September 28, 2026 and September 19, 2026 respectively.

Scorecard4 real differences · 6 level
MTB Neo versus CB Pay: the parameters behind the verdict, then further details
ParameterMTB NeoCB Pay
PriceFreeFree
Rating3.4 (238 ratings)3.7 (527 ratings) — better
Positive reviews41.0% of reviews — better21.6% of reviews
Number of ratings238527 — better
Update frequencyEvery 5 weeks — betterEvery 4 months
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.611.0 — better
Further details — not scored
Size140 MB56 MB
Age rating4+4+
DeveloperMutual Trust Bank LimitedCB BANK PCL

Customer experience

MTB Neo

All ratings238 ratings
Positive58.4%
Neutral6.3%
Negative35.3%
Written reviews122 reviews
Positive41.0%
Neutral6.6%
Negative52.5%

CB Pay

All ratings507 ratings
Positive63.7%
Neutral11.0%
Negative25.2%
Written reviews88 reviews
Positive21.6%
Neutral12.5%
Negative65.9%

User reviews

MTB Neo

From 238 App Store ratings

What we love

  • 👍 Excellent user interface
  • 🚀 Smooth and fast performance
  • 🔒 Enhanced security features
  • 💡 Convenient features like DPS and FDR opening
  • 👍 Fresh and new UI design

Room to improve

  • 🐛 App crashes frequently
  • 🐛 Biometric login not working
  • 🐛 Compatibility issues with new iOS versions
  • 🐛 Slow loading times and server connection issues
  • 🐛 Bugs in specific features like mobile recharge and QR payment

CB Pay

From 527 App Store ratings

What we love

  • 👍 User-friendly app
  • 🚀 Easy to use
  • 💡 Useful features like mobile top-up and bill payment

Room to improve

  • 🐛 Crashes and bugs
  • ⏱️ Slow performance and frequent timeouts
  • 🔒 Security issues with login and session management
  • 📱 Compatibility problems with newer iOS versions
  • 💸 Poor customer service

Bugs and requests

MTB Neo

Reported bugs

5 issues
  • App crashes on launch for new iPhones
  • App not working on iPad Air 6
  • Credit card details not visible in the app
  • QR payment not working
  • Registration process bug causing app to close

Requested features

5 requests
  • Add option to choose OTP delivery method
  • Provide deposit scheme closure option in the app
  • Bring back transaction screenshot sharing feature
  • Add card to Apple Wallet integration
  • Improve RTGS feature

CB Pay

Reported bugs

4 issues
  • Login screen freezes and crashes
  • Issues with mobile top-up and bill payment
  • Incorrect transaction dates
  • Problems with gift card and QR code scanning features

Requested features

4 requests
  • Expand transaction history view
  • Add support for more payment methods like Wave Money
  • Improve UI and design
  • Implement Myanmar Unicode support

In-app purchases

None

MTB Neo

No in-app purchases

None

CB Pay

No in-app purchases

Questions

Is MTB Neo free?
MTB Neo is free to download, with no in-app purchases.
Is CB Pay free?
CB Pay is free to download, with no in-app purchases.
Which has better reviews, MTB Neo or CB Pay?
CB Pay is rated higher. MTB Neo averages 3.4 out of 5 from 238 ratings, while CB Pay averages 3.7 from 527 ratings.
Do MTB Neo or CB Pay have ads?
Neither MTB Neo nor CB Pay shows ads.
Which is updated more often, MTB Neo or CB Pay?
MTB Neo ships an update every 5 weeks, and CB Pay every 4 months. Most recently, MTB Neo was updated on September 28, 2026 and CB Pay on September 19, 2026.

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