Comparison

MTB Neo vs Waadaa.Insure

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

Waadaa.Insure

This app simplifies insurance in Bangladesh by connecting users with reputable providers. It offers a digital-first approach for easy plan comparison, quotes, and claims, making insurance accessible and efficient for everyone.

Highlights
  • Compare insurance plans
  • Get insurance quotes
  • Digital enrollment
  • Hassle-free claims submission
  • Seamless operations
  • Customized insurance solutions
Features
Read full description

Waadaa.Insure is an innovative InsurTech solution, reshaping insurance accessibility and efficiency in Bangladesh. The platform strategically collaborates with reputable insurers and healthcare providers, offering cutting-edge InsurTech and HealthTech solutions. Advanced API integration and technology enable our focus on serving underserved communities, ensuring seamless operations across life, health, and non-life solutions. Our commitment lies in delivering customized insurance solutions, prioritizing customer satisfaction as a safeguard against unforeseen financial challenges. Embracing a digital-first approach, our state-of-the-art technologies streamline insurance processes, making enrollment, claim submissions, and processing fully digital, hassle-free, transparent, and seamless. The Waadaa.Insure app empowers users to navigate insurance effortlessly, offering a user-friendly interface to compare plans, obtain quotes, and select tailored coverage. Eliminating paperwork and long waits, our app simplifies the insurance journey, providing a transparent and efficient experience. Our team's dedication to service excellence propels continuous improvement, aligning with evolving user needs and industry standards. This commitment ensures that the Waadaa.Insure app remains at the forefront, reshaping the future of insurance. Experience the transformative power of choice, accessibility, and peace of mind by downloading the Waadaa.Insure app today. Join us in reshaping the future of insurance accessibility, ensuring your financial well-being with ease.

Screenshots

MTB Neo4 screens
Waadaa.Insure4 screens

Verdict

The call

The clearest difference is rating: Waadaa.Insure at 5.0 against MTB Neo's 3.4. Waadaa.Insure also leads on update cadence (every 3 days vs monthly) and iOS requirement (13.0 vs 15.6). MTB Neo's advantage is ratings volume (242 vs 2). On price, ads, in-app purchases and monetization model 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

Waadaa.Insure holds the better App Store score, 5.0 against 3.4. That said, the two scores are not equally well evidenced: MTB Neo has 242 ratings behind it against 2, so its average is the more settled of the two.

UpkeepUpdate frequency

MTB Neo ships an update monthly, Waadaa.Insure every 3 days. The most recent releases landed on November 6, 2026 and November 4, 2026 respectively.

Scorecard4 real differences · 6 level
MTB Neo versus Waadaa.Insure: the parameters behind the verdict, then further details
ParameterMTB NeoWaadaa.Insure
PriceFreeFree
Rating3.4 (242 ratings)5.0 (2 ratings) — better
Positive reviews40.7% of reviews—
Number of ratings242 — better2
Update frequencyMonthlyEvery 3 days — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.613.0 — better
Further details — not scored
Size140 MB36 MB
Age rating4+17+
DeveloperMutual Trust Bank LimitedWAADAA LTD.

Customer experience

MTB Neo

All ratings242 ratings
Positive58.3%
Neutral6.2%
Negative35.5%
Written reviews123 reviews
Positive40.7%
Neutral6.5%
Negative52.8%

Waadaa.Insure

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

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

Waadaa.Insure

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

MTB Neo

No in-app purchases

None

Waadaa.Insure

No in-app purchases

Questions

Is MTB Neo free?
MTB Neo is free to download, with no in-app purchases.
Is Waadaa.Insure free?
Waadaa.Insure is free to download, with no in-app purchases.
Which has better reviews, MTB Neo or Waadaa.Insure?
Waadaa.Insure is rated higher. MTB Neo averages 3.4 out of 5 from 242 ratings, while Waadaa.Insure averages 5.0 from 2 ratings.
Do MTB Neo or Waadaa.Insure have ads?
Neither MTB Neo nor Waadaa.Insure shows ads.
Which is updated more often, MTB Neo or Waadaa.Insure?
MTB Neo ships an update monthly, and Waadaa.Insure every 3 days. Most recently, MTB Neo was updated on November 6, 2026 and Waadaa.Insure on November 4, 2026.

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