Updated September 28, 2026 · VaultCue Editorial Team
Kroo vs Lunar
Kroo
Higher score in this comparison
Lunar
What sets them apart
| Compare | KrooReviewSee alternativesSee alternatives | LunarReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | £0 | DKK 0 |
| Deposit protection | FSCS up to GBP 85,000 | EU DGS up to EUR 100,000 |
| Currency conversion fee | 0% | 0% to 1% |
| Local account details | UK sort code | IBAN |
| Free ATM withdrawals | £0 | DKK 0 |
| Transfer fee | Faster Payments GBP 0, CHAPS GBP 20; sending money outside the UK not available | 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 |
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Key differences
- Kroo scores higher overall: 8.9 vs 8.7.
- Founded is lower at Lunar: 2015 vs 2016.
- Kroo is available in 2 more countries.
- Local account details: only Kroo offers UK sort code.
- Local account details: only Lunar offers IBAN.
- Support channels: only Kroo offers Phone.
- Audience: only Kroo offers Travelers.
- Audience: only Lunar offers Expats, Student, Teen.
- Pricing model: only Kroo offers Low FX.
- Features: only Lunar offers Joint account.
Our verdict on each
Kroo
Kroo is a UK digital current account for people who spend and send money abroad, with a monthly fee of £0 and currency conversion at 0%. Interest lands on the cleared balance at a variable 2.65%, credited monthly, so the account pays you while the money waits.
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 | Kroo | Lunar |
|---|---|---|
| Cost | 9.4HigherMonthly fee £0, cash machine allowance £0 and conversion 0%, ranked 1 on the cost list. | 9.1Monthly fee of DKK 0, but a free ATM allowance of DKK 0 and currency conversion at 0% to 1%. |
| Offer | 9.1Higher | 8.7 |
| Trust | 8.4 | 8.5Higher |
Spending 1,000 abroad
Kroo
0
0% of 1,000
Lunar
0 to 10
0% to 1% of 1,000
Both come to the same total.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Availability and regulation
| Country | Kroo | Lunar |
|---|---|---|
| Denmark | Not confirmed | |
| United Kingdom | Financial Conduct Authority 953772 | Not confirmed |
Additional countries for Kroo: 4. Additional countries for Lunar: 2.
How they place
| Ranking | Kroo | Lunar |
|---|---|---|
| Savings accounts | 410 of 1420 | 519 of 1420 |
| Online banks | 125 of 402 | 164 of 402 |
What we checked
Kroo
- kroo.com: 12 facts, checked September 26, 2026
- help.kroo.com: 1 fact, checked September 26, 2026
Lunar
- lunar.app: 9 facts, checked September 26, 2026
- static-assets.prod.lunarway.com: 3 facts, checked September 26, 2026
- support.lunar.app: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Kroo | Lunar |
|---|---|---|
| Audience | Travelers | Expats, Student, Teen |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Free ATM, Digital only | Free ATM, Joint account, Digital onlyCovers more |
| Legal entity | Kroo Bank Ltd | Lunar Bank A/S |
| Headquarters | United Kingdom | Denmark |
| Founded | 2016 | 2015Lower |
| Support channels | Email, Chat, Phone, Help centreCovers more | Email, Chat, Help centre |
Savings
| Fact | Kroo | Lunar |
|---|---|---|
| Headline rate | 2.65%Higher | 0.25% to 1% |
| Rate type | Variable | Variable |
| Minimum deposit | £0 | Not confirmed |
| Access terms | Interest calculated daily on the cleared balance and credited monthly; account operated in-app 24/7, no notice period, close at any time | Withdraw anytime; interest paid monthly on all current accounts |
| Account kind | Easy access | Easy access |
Where each stands against the rest
| Fact | Kroo | Lunar | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 0% to 1%below the median | 0.5% |
Median across 377 listed accounts.
Pros and cons
Kroo
Pros
- A monthly fee of £0 and a cash machine allowance of £0 on the current account.
- Currency conversion of 0%, with the account aimed at travelers.
- FSCS up to GBP 85,000, with the Financial Conduct Authority as regulator under licence 953772.
Cons
- Digital only banking, with support running on email, chat and phone.
- Transfers are split by scheme, with Faster Payments free and CHAPS carrying a charge on the current account.
- The variable 2.65% is easy access money rather than a savings return, sitting under the 3% site median.
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
Kroo
Who it suits
- People who travel often and spend in other currencies, since the account is aimed at travelers and conversion runs at 0%.
- UK residents happy to run everything in the app, with support on email, chat and phone and a minimum deposit of £0.
- Anyone keeping a sterling balance as a rainy day fund, with FSCS up to GBP 85,000 and interest credited monthly.
Who should look elsewhere
- Anyone who needs to send money outside the UK from their account, since those transfers are not available; a euro option such as Bit2Me, monthly fee €0, is worth weighing.
- People who want a card led everyday account instead of an app based one, weighing Kroo against the Varo Visa Debit Card, monthly fee $0.
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 | Kroo | Lunar |
|---|---|---|
| Denmark | No | Yes |
| Guernsey | Yes | No |
| Isle of Man | Yes | No |
| Jersey | Yes | No |
| Sweden | No | Yes |
| United Kingdom | Yes | No |
Questions about each
Kroo
What does Kroo charge to hold the account?+
Kroo's current account charges a monthly fee of £0, with a cash machine allowance of £0 and currency conversion of 0%. Those are the fees published for the account, and the balance earns a variable 2.65% credited monthly.
Is money in a Kroo account protected?+
Deposits are covered by FSCS up to GBP 85,000, and the account is held at Kroo Bank Ltd, based in the United Kingdom, with the Financial Conduct Authority as regulator under licence 953772. Help runs on email, chat and phone.
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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Kroo
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