Freenance for Czech Users 2026 — PFM App for Czechia with CSOB, Komercni Banka, Air Bank, Fio Sync

Freenance for Czech Users 2026 — One App for ČSOB, Komerční Banka, Air Bank, Fio and Your Whole Financial Life

The Czech Republic in 2026 is a country with one foot in the koruna and one foot leaning toward the euro. CZK is still the legal tender, salaries are paid in koruna, mortgages are signed in koruna — yet a growing share of Czech households hold EUR deposits, invest through Trade Republic in euros, travel to Austria for ski weekends, and run e-commerce shops billing customers in both currencies. The accession debate continues, but no one is waiting for it to manage their money properly.

This is exactly the kind of fragmented financial life Freenance was built for. Many Czech users tell us they keep their current account in ČSOB or Komerční Banka, a high-interest savings account in Air Bank, a brokerage account in Fio, a euro account in Raiffeisenbank CZ, a doplňkové penzijní spoření (DPS) at Conseq or Allianz, and an ETF portfolio on XTB CZ or Portu. Six logins. Six dashboards. Six different ways of showing "your balance". Freenance pulls all of it into one screen, in koruna and in euro, with one runway number that tells you how long you can live without working.

Why a Czech-specific PFM tool finally matters

Czechia has had budgeting apps before — Wallet by BudgetBakers (a Czech success story), Spendee, the in-app trackers of ČSOB and Komerční Banka. They are all built around the same idea: categorise spending. That is not enough anymore. The Czech middle class in 2026 is investing, not just spending. The Czech National Bank base rate has cycled between 6.75% and 4%, savings accounts compete fiercely (Trinity Bank, Creditas, Banka Creditas, J&T offer 4-5% on demand deposits), the Prague Stock Exchange and the broader European market are accessible to anyone with a smartphone, and DPS contributions are now subsidised more generously after the 2024 pension reform.

Many Czech users find that what they actually need is not a budget — it is a coherent view of net worth across CZK and EUR, across deposits and investments, across pension and brokerage. That is the use case Freenance was designed for, and it is why Czech sign-ups have grown faster than any other CEE country except Poland.

Sign up for Freenance and connect your first Czech account in under three minutes — most users start with their main current account and add the rest over a long weekend.

PSD2 in Czechia — Which Banks Freenance Connects

The Czech implementation of PSD2 (Act No. 370/2017 Coll., on payment systems) is mature. All major banks expose AISP (Account Information Service Provider) endpoints, and most have stable consent flows that last 90 days before re-authentication. Freenance acts as an authorised AISP-equivalent partner, pulling read-only data: balances, transactions, account metadata. No payment initiation, no credentials stored, no surprise charges.

Banks Czech Freenance users currently sync:

• ČSOB (Československá obchodní banka) — the country's largest retail bank, part of KBC Group. Stable PSD2 endpoints, full transaction history up to 13 months. Many users have current accounts, ČSOB Era (digital sub-brand) accounts, and ČSOB Premium portfolios visible together.
• Komerční Banka (KB) — the Société Générale subsidiary. KB Mobilní Banka customers can connect both private and small-business accounts. KB Smart Brokerage portfolios sync as separate asset accounts.
• Air Bank — the digital-first PPF-owned bank with no monthly fees and aggressive savings rates. Air Bank's PSD2 implementation is among the cleanest in CEE — typically reliable.
• Fio Banka — beloved by Czech investors for its free domestic broker (Fio e-Broker). Freenance syncs both the banking side (CZK current account, savings) and, where available via statement import, the investment side. Many Czech investors find this dual sync uniquely valuable.
• Raiffeisenbank CZ — strong in euro accounts and mortgage products, well-integrated.
• Moneta Money Bank — formerly GE Money, now an independent listed Czech bank.
• mBank CZ — the Czech arm of the Polish digital bank. Same engine as Polish mBank from Freenance's perspective.
• UniCredit Bank Czech Republic and Slovakia — for cross-border users with both CZ and SK accounts.
• Creditas, J&T Banka, Trinity Bank — smaller deposit-focused banks; sync depends on PSD2 availability per institution.

Czech IBAN format is CZ + 2 check digits + 4-digit bank code + 16-digit account number. Freenance validates IBANs locally before sending a consent request, so a typo never wastes a tap to your phone for SMS approval.

Multi-Currency Without a Headache — CZK, EUR, and Beyond

The Czech accession to the euro is, as of 2026, still a political question rather than a calendar question. The ERM II commitment has not been made. Many Czech users assume CZK will be the everyday currency through at least the end of this decade. Yet euro exposure is everywhere:

• Holiday savings parked in EUR savings accounts to avoid FX timing
• E-commerce revenue from German or Austrian customers
• ETF portfolios denominated in EUR (Trade Republic, DEGIRO, XTB CZ)
• EUR-denominated mortgages from a previous era
• Salaries paid in EUR for cross-border commuters near the German and Austrian borders

Freenance is multi-currency native. You see your net worth in your chosen base currency (CZK or EUR — switch any time), and every individual account stays in its own currency for accurate balances. FX rates come from a central reference source and are applied consistently across the entire portfolio. There is no "lost in conversion" effect that you get from spreadsheets where a stale EUR/CZK rate distorts your total.

A typical Czech user dashboard:

• ČSOB current account: 84,200 CZK
• Air Bank savings: 240,000 CZK
• Raiffeisenbank EUR account: 3,800 EUR ≈ 95,000 CZK
• XTB CZ portfolio (VWCE, IWDA): 12,400 EUR ≈ 310,000 CZK
• DPS at Conseq: 187,500 CZK
• Net worth: 916,700 CZK / 36,668 EUR
• Runway at 32,000 CZK/month spending: 28.6 months

Many Czech users find this single-screen view is what finally pushed them to consolidate accounts they had forgotten about.

Czech Capital Gains Tax — How Freenance Helps You Track What You Owe

Czech tax law on capital gains is more favourable than most CEE jurisdictions, but it has nuances Freenance users find genuinely useful to track:

• Time test (časový test): Gains on securities held for more than 3 years are exempt from personal income tax. This is the single biggest planning lever for Czech investors.
• Value test (hodnotový test): Total annual gross income from securities sales below 100,000 CZK is exempt regardless of holding period.
• Standard rate: Gains outside these exemptions are taxed at 15% up to roughly 1.5 million CZK of annual taxable income, and 23% above the threshold (the 2026 progressive bracket).
• Crypto: Treated as "other income". The 3-year time test has been extended to crypto since 2025 — many Czech users now consider holding periods explicitly.
• Dividends from Czech shares: 15% withholding at source, usually final.
• Foreign dividends: Generally taxable in CZ with credit for foreign withholding under the relevant DTT.

Freenance does not file your tax return — that remains the user's responsibility. What Freenance does is keep a clean acquisition-date register for every position you sync or import, so when March rolls around and you (or your daňový poradce) need to know which lots have passed the 3-year test, you have the answer in one screen instead of digging through Fio and XTB statements.

Consider Freenance if you have made more than five buy or sell trades across multiple brokers in the past two years — most users find the lot-tracking alone justifies the subscription.

Doplňkové Penzijní Spoření (DPS) and the Third Pillar

The 2024 reform of the Czech supplementary pension system (účinnost 1. 7. 2024) raised maximum state contributions, introduced an "alternativní účastnický fond" with higher equity exposure, and made DPS noticeably more attractive for younger savers. As of 2026, the state matches up to 340 CZK/month at maximum contribution levels, and tax deductions up to 48,000 CZK/year for higher contributors are available.

DPS accounts are held at pension companies — Conseq, Allianz, ČSOB Penzijní společnost, KB Penzijní společnost, Generali, NN. Direct PSD2 sync is rare; what Freenance typically supports is:

1. Manual entry of monthly contribution and current account value
2. CSV/PDF import of annual statements
3. A dedicated "Pension" account type with state-contribution attribution

The result is that your DPS shows up in your runway, your FIRE number, and your asset allocation alongside everything else. Many Czech users tell us they had forgotten how much they had accumulated in DPS until Freenance surfaced the number — often 200,000 to 500,000 CZK for users in their thirties.

Brokerage Aggregation — Fio e-Broker, XTB CZ, Portu, Patria, Trade Republic

The Czech brokerage landscape has consolidated around a few main players. Freenance aggregates them as follows:

• Fio e-Broker — the free Czech-broker default. Statement import is reliable; some users use a CSV exporter their účetní already runs.
• XTB CZ — same engine as XTB elsewhere in Europe. No affiliate relationship — we just import the data.
• Portu — the Czech robo-advisor (WOOD & Company). Strong UX. Freenance supports statement-based aggregation.
• Patria Finance — for users with active stock and bond exposure on the Prague Stock Exchange.
• Trade Republic — popular for the EUR-denominated ETF portfolio and the 4% cash interest. The CZ rollout has made this a fast-growing source of euro investments.
• DEGIRO, Interactive Brokers — long-standing power-user platforms.

All of them flow into a single asset allocation chart: equities by region, ETFs by index, bonds by issuer, cash by currency. Many Czech users find that the diversification gaps they discover in this view — for example, 78% home-bias toward CEZ and Komerční Banka shares — change how they invest next quarter.

How Czech Users Typically Use Freenance

Czech adoption patterns are remarkably consistent. After helping thousands of users from Brno, Prague, Ostrava, Plzeň and smaller towns onboard, three personas have emerged.

Tomáš, 31, IT developer in Brno

• Salary 95,000 CZK/month net at a Czech subsidiary of a German Mittelstand SaaS company
• Current account at ČSOB, savings at Air Bank earning 4.1%, EUR account at Raiffeisenbank for occasional trips
• XTB CZ portfolio of accumulating ETFs (CSPX, EIMI) worth 18,000 EUR
• DPS at Conseq with 290,000 CZK accumulated since 2018
• Goal: FIRE around age 47

Tomáš uses Freenance to track a single number — months of runway — and he optimises his savings rate to add roughly one month of runway every calendar month. The 3-year time test on his XTB lots is visible at a glance.

Jana and Petr, couple in Prague, 36 and 38

• Combined income 165,000 CZK/month net
• Two children, mortgage at Komerční Banka with 18 years remaining
• Joint emergency fund at Trinity Bank earning 4.5%
• His DPS at KB Penzijní společnost, her DPS at Allianz
• Portu portfolio split between conservative and dynamic strategies
• Goal: full mortgage repayment by age 50 and university funds for the kids

Many couples like Jana and Petr use Freenance's shared-household view to plan repayments while still investing — a balance that the bank's mortgage calculator never shows together with their ETFs.

Lucie, 28, freelance UX designer working from Olomouc and Vienna

• OSVČ (self-employed) with paušální daň regime, invoicing roughly 80,000 CZK/month
• Air Bank business and personal accounts
• EUR earnings from Austrian clients go straight to Wise, then Trade Republic
• No DPS yet — considering it for 2026 to capture the higher state subsidy
• Goal: build 24 months of runway before going on parental leave in 2027

Freenance is where Lucie sees her CZK and EUR income normalised into a single monthly cash flow chart. She finds the freelancer expense categorisation (separating client passthrough costs from real expenses) particularly useful at tax time.

Sign up for Freenance if any of these personas sound like your own situation — most users complete onboarding the same evening.

Why Multi-Currency, Multi-Bank, EU-Wide Matters for Czechia

The Czech Republic sits at a crossroads. Many users have Slovak or German parents and inherited accounts abroad, work for international employers, and travel to Austria or Germany weekly. Freenance's EU-wide PSD2 footprint means a Czech user can also sync a Bawag PSK account in Austria, a Deutsche Bank account in Germany, a Tatra Banka account in Slovakia, or an mBank account in Poland — all under the same login, all in the same dashboard, all converted into your base currency.

For families straddling the CZ-SK border (still common 30 years after the split), Freenance is often the first tool that makes their combined household finances comprehensible without 14 browser tabs.

Pricing in Czech Reality

Freenance pricing is set in EUR, which makes it stable for Czech users despite koruna volatility. Many Czech users compare the subscription cost to the price of two flat whites at a Prague speciality café and decide the time saved on monthly account reconciliation more than covers it. Consider Freenance if you currently spend more than two hours a month moving numbers between bank apps and a spreadsheet — most users find the break-even is reached in the first month.

Frequently Asked Questions

Does Freenance work with ČSOB Era and KB+ (the new digital sub-brands)? Yes. ČSOB Era is technically a product of ČSOB and connects via the same PSD2 endpoint. KB+ is treated as a standard KB current account. Both sync without additional configuration.

Can I sync my Fio e-Broker stock and ETF positions? Fio's banking side connects via PSD2 and shows your CZK and EUR cash. The brokerage side is currently aggregated via periodic statement import — many Fio users find a monthly upload is enough to keep portfolio value and dividend tracking accurate.

How does Freenance handle the 3-year time test on Czech capital gains? Every position you sync or import has an acquisition date stored as part of the lot record. Freenance shows you, per lot, when the 3-year test is met — useful for planning sales. Freenance does not file your tax return; many users export the lot register for their daňový poradce.

Will Freenance support the Czech digital euro / future CZ-EUR transition? The architecture is currency-agnostic. If Czechia adopts the euro, Freenance will display CZK-EUR conversion rates around the conversion date and migrate balances cleanly. Many users already keep their primary view in EUR in anticipation.

Is Freenance compliant with Czech data protection rules (zákon o zpracování osobních údajů, GDPR)? Yes. Freenance is GDPR-compliant across the EU; Czech data subject rights apply identically. Account credentials are never stored — PSD2 uses tokenised consent.

Further Reading

• Freenance for Investors — Track Your Portfolio in One Place
• Freenance for FIRE Seekers — Financial Independence Tracker
• Expat Personal Finance Guide — A Cross-Border Approach

Sign up for Freenance today and bring your ČSOB, Air Bank, Fio, XTB and DPS data into one screen — most Czech users finish setup the same weekend they sign up.