Lunar

Lunar is a Nordic bank that offers private, business, and youth accounts through their award-winning banking app. With over 1 million users across the Nordics and a Trustpilot rating of 4.6 stars, Lunar is a trusted and popular choice for everyday banking needs. Their app is available in English and offers local speaking support for added convenience.

One of the standout features of Lunar is their free bank account, which can be easily applied for through the app. There are no hidden fees associated with this account, making it a transparent and cost-effective option for users. For those under 18, Lunar offers youth accounts specifically designed for their needs. Joint accounts are also available for those who want to manage their finances with a partner.

Lunar also offers a range of cards to suit different needs and preferences. Their free account comes with a digital Visa card, and users can upgrade to premium cards, metal cards, or the SAS EuroBonus Lunar card for travel benefits and more. The app also provides a convenient spend overview and budgeting tools to help users stay on track with their finances. Notifications can be set up to alert users of their spending and savings habits, and there are no withdrawal fees associated with using the card.

For those who love to travel, Lunar offers worldwide travel benefits through their SAS EuroBonus Lunar card. Users can earn points for using their card and exchange them for flights, hotels, and other exclusive products. When traveling abroad, there are no withdrawal or currency exchange fees, and travel insurance packages are also available.

Lunar also offers ways for users to make their money work for them. With high interest rates on savings and deposits, users can earn a payout every month without being tied down to a binding period. The app also has an easy investment platform for stocks, ETFs, and index funds, although investing does involve risk.

For parents looking for a bank account and card for their kids and teens, Lunar offers an easy sign-up process through the app. Parents can control the account from their own app and even let their child or teen design their own card. Lunar Youth is included in selected paid plans, making it a convenient and secure option for young users.

Lunar is a Nordic bank with its own banking license and is under the supervision of the Danish Financial Supervisory Authority. This means that users can trust their money is safe and covered by the Danish Guarantee Fund up to 100,000 EUR. For small businesses, Lunar offers a range of services such as automatic bookkeeping, cashflow overviews, and expense management. They also have partnerships for business loans and offer discounts on various services for small businesses.

In Denmark, Lunar offers an interest rate of up to 1% and the cheapest business account according to a survey by Samlino. In Sweden, users can earn an interest rate of up to 2.25% and have access to a multi-currency card. In Norway, the interest rate is even higher at 4.5% for paid plans. Lunar also offers a business account package specifically designed for sole traders and a Lunar Youth option for young users.