Updated September 28, 2026 · VaultCue Editorial Team
bunq vs Lunar
bunq
Higher score in this comparison
Lunar
bunq vs Lunar: the differences
| Compare | bunqReviewVisitVisit | LunarReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 3.01%Higher | 0.25% to 1% |
| Access terms | Withdraw any amount free up to 2 times a month, rising to 3 free monthly withdrawals after 12 months; interest paid weekly | Withdraw anytime; interest paid monthly on all current accounts |
| Monthly fee | €0 | DKK 0 |
Same on both: Rate type (Variable), Deposit protection (EU DGS up to EUR 100,000), Account kind (Easy access).
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Key differences
- bunq scores higher overall: 8.9 vs 8.7.
- Founded is lower at bunq: 2012 vs 2015.
- bunq is licensed in 6 more countries.
- bunq is available in 5 more countries.
- Headline rate is higher at bunq: 3.01% vs 0.25% to 1%.
Our verdict on each
bunq
bunq suits savers who want an easy-access euro account that costs nothing to keep and pays a variable rate with weekly interest, protected by an EU guarantee. The rate of 3.01% is solid rather than remarkable, and support runs on email, chat and help centre only.
Lunar
Lunar suits people living in Denmark who want a current account that pays interest every month and can be held jointly, with a rate of 0.25% to 1% credited monthly and withdrawals left open. Students, teens and expats get a simple app-led account, though the rate is modest next to the alternatives here.
Score breakdown
| Area | bunq | Lunar |
|---|---|---|
| Cost | 9.1Monthly fee of €0 on a no monthly fee account, with a currency conversion fee of 3% on the free plan. | 9.1Monthly fee of DKK 0, but a free ATM allowance of DKK 0 and currency conversion at 0% to 1%. |
| Offer | 9.1HigherRate of 3.01% that is variable, close to the savings median of 3%. | 8.7 |
| Trust | 8.7Higher | 8.5 |
How they place
| Ranking | bunq | Lunar |
|---|---|---|
| Savings accounts | 6 of 1420 | 519 of 1420 |
| Student, teen and kids accounts | 3 of 273 | 158 of 273 |
| Online banks | 3 of 402 | 164 of 402 |
Every fact side by side
| Fact | bunq | Lunar |
|---|---|---|
| Pricing model | No monthly fee | No monthly fee |
| Legal entity | bunq B.V. | Lunar Bank A/S |
| Headquarters | Netherlands | Denmark |
| Founded | 2012Lower | 2015 |
| Support channels | Email, Chat, Help centre | Email, Chat, Help centre |
Everyday accounts
| Fact | bunq | Lunar |
|---|---|---|
| Currency conversion fee | 3% | 0% to 1%Lower |
| Audience | Expats, Travelers, Business, Student | Expats, Student, Teen |
| Features | Joint account, Digital only | Free ATM, Joint account, Digital onlyCovers more |
| Local account details | IBAN | IBAN |
| Free ATM withdrawals | Not confirmed | DKK 0 |
| Transfer fee | Not confirmed | Outgoing transfer 3 DKK (Light); 0 DKK per transfer in SEK, NOK or EUR, 50 DKK per transfer in other currencies; 0.5% exchange fee on non-DKK transfers |
Where each stands against the rest
| Fact | bunq | Lunar | Median |
|---|---|---|---|
| Headline rate | 3.01%below the median | 0.25% to 1%lowest quarter | 3.25% |
Median across 658 listed accounts.
Pros and cons
bunq
Pros
- The monthly fee is €0 and the pricing model is no monthly fee, so keeping the account open costs nothing each month.
- Interest is paid weekly and the rate type is variable, so money keeps earning between withdrawals without a term to serve out.
- Balances are covered by EU DGS up to EUR 100,000, so there is a payout route if the provider fails.
Cons
- The rate type is variable, so the return follows the base rate and the account ranks 240 of 473 brands on the headline rate.
- Support runs on email, chat and help centre only, which leaves phone callers with a narrower route in.
- Features list joint account and digital only, so the service is digital only and there is no branch counter.
Lunar
Pros
- Interest is paid monthly on all current accounts, and the account is easy access, so the balance stays spendable.
- The monthly fee is DKK 0, so nothing is deducted for keeping the account open.
- Balances are covered by the EU deposit guarantee scheme, with protection of EU DGS up to EUR 100,000.
Cons
- Currency conversion costs 0% to 1%, and an exchange fee applies on non-DKK transfers, so spending abroad is where the cost sits.
- Support runs on email, chat and help centre only, with no phone line listed for problems the app cannot answer.
- The free cash machine allowance is DKK 0, so ATM withdrawals are not part of what the account gives you.
Who each suits
bunq
Who it suits
- People who want an easy-access euro account that pays interest weekly and costs nothing to hold.
- Travellers and expats, part of the expats, travelers and business bunq targets, who convert currency and want a local IBAN.
- Students and savers who value EU DGS up to EUR 100,000 over a higher rate.
Who should look elsewhere
- Anyone chasing a top fixed rate, since 24.19% at plazo pays far more.
- Customers who need a phone helpline, as support runs on email, chat and help centre only.
- Anyone wanting a branch counter, because features list joint account and digital only and the service is digital only.
Lunar
Who it suits
- Students and teens opening a first account, since Lunar lists expats, student and teen as its core groups.
- Expats living in Denmark who want local payment details, since transfers use your own IBAN (iban).
- Couples sharing a balance, since a joint account sits in the feature list (free atm, joint account and digital only).
Who should look elsewhere
- Shoppers chasing the top rate: Plazo ES advertises 24.19% and AXI Card Tarjeta y Credito 21.59%, both far above the 0.25% to 1% paid here.
- Anyone who wants included cash machine use or a phone support line, given the free ATM allowance is DKK 0 and support runs on email, chat and help centre.
Current offers
Lunar
Current offer
Bonus
SAS EuroBonus welcome bonus for new Lunar customers: 3,000 points
Open a Lunar account after June 17, 2024, order the SAS EuroBonus Lunar card within 2 weeks, keep it active at least 3 months with at least 4 subscription payments, spend at least 15,000 kr (DKK/SEK/NOK) on points-accruing transactions, and have had no Lunar account in the past 2 years.
Source, checked September 26, 2026
Bonus
Lendo loan sign-up fee discount: 500 DKK off the sign-up fee
Compare loans via Lendo for free and receive offers based on your needs; discount applies when you have Lunar.
Source, checked September 26, 2026
Bonus
Wolt+ included with Lunar Unlimited: Wolt+ membership included; 3, 6 or 9-month voucher on lower tiers
Included in Lunar Unlimited and Lunar Business Limitless; lower tiers receive a voucher for a time-limited offer.
Source, checked September 26, 2026
Country by country
| Country | bunq | Lunar |
|---|---|---|
| Belgium | Yes | No |
| Denmark | No | Yes |
| France | Yes | No |
| Germany | Yes | No |
| Ireland | Yes | No |
| Italy | Yes | No |
| Netherlands | Yes | No |
| Spain | Yes | No |
8 of 9 countries where either is available.
Questions about each
bunq
What does bunq charge to keep a savings account?+
The monthly fee is €0 and the account is priced on a no monthly fee basis, so there is no recurring charge to keep it open. The one cost to watch when you spend abroad is currency conversion at 3% on the free plan. Interest is still paid weekly with no fee deducted.
How much interest does the account pay?+
The rate is 3.01% and the rate type is variable, so the figure follows the base rate instead of being fixed to a term. Across the savings accounts on the site, the median headline rate is 3%, which puts bunq near the middle. Interest is credited weekly rather than monthly.
Lunar
How much does it cost to keep a Lunar account?+
The monthly fee is DKK 0, so there is no charge for keeping the account open. The costs sit on money moving: currency conversion costs 0% to 1%, outgoing transfers carry a small fixed fee, and transfers in SEK, NOK and EUR are free while other currencies cost more. Non-DKK transfers also attract an exchange fee.
Is my money safe and who regulates the bank?+
Deposits are covered by the EU deposit guarantee scheme, with protection of EU DGS up to EUR 100,000. The account comes from Lunar Bank A/S, a bank based in Denmark that is supervised by the Danish Financial Supervisory Authority. The scheme behind it is the same one that backs deposits at other European banks.
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