Lunar
Pros
- Full Nordic banking licence with deposit protection
- Savings, investing and crypto in one app
- Strong coverage across Denmark, Sweden and Norway
Cons
- Focused on the Nordic region only
- Premium features sit behind paid tiers
Neobank comparison
Lunar vs Monzo
Compare Lunar and Monzo side by side: fees, regulation, platforms.
Lunar
Best for the Nordics
Lunar is the standout licensed neobank for the Nordics, folding savings, investing and crypto into a single r…
VS
Monzo
Best for budgeting
Monzo turned budgeting into the headline feature of a current account. For UK users who want to see and shape…
Head-to-head comparison
| Feature | Lunar | Monzo |
|---|---|---|
| Monthly fee | Free | Free |
| FX markup | 0% | 0% |
| Savings APY | 2.50% | 3.50% |
| Currencies | 4 | 1 |
| Card network | Mastercard | Mastercard |
| Deposit protection | Nordic deposit guarantee up to 100,000 EUR | FSCS up to 85,000 GBP |
| Regulators | - | - |
| Best for | Best for the Nordics | Best for budgeting |
| Markets & account | ||
Pros & cons
Monzo
Pros
- FSCS-protected UK bank with award-winning budgeting tools
- Spending categories, Pots and salary sorting built in
- No card fee abroad at the Mastercard exchange rate
Cons
- GBP-only, with a monthly free ATM cap abroad
- Savings rates run through partner banks, not Monzo itself
Lunar
Lunar is the standout licensed neobank for the Nordics, folding savings, investing and crypto into a single regulated app.
Confirm current fees and rates on the provider's site. T&Cs apply.
Monzo
Monzo turned budgeting into the headline feature of a current account. For UK users who want to see and shape their spending, nothing else comes close on usability.
Confirm current fees and rates on the provider's site. T&Cs apply.
Not the right match?
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