Updated September 28, 2026 · VaultCue Editorial Team
Lunar vs Wise
Lunar
Wise
Higher score in this comparison
Where Lunar and Wise differ
| Compare | LunarReviewSee alternativesSee alternatives | WiseReviewSee alternativesSee alternatives |
|---|---|---|
| Headline rate | 0.25% to 1% | 3.29%Higher |
| Access terms | Withdraw anytime; interest paid monthly on all current accounts | Instant access to money and gains; transfer up to 100,000 GBP (Personal) daily without delay |
| Monthly fee | DKK 0 | £0 |
| Account kind | Easy access | Cash management |
Same on both: Rate type (Variable), Deposit protection (EU DGS up to EUR 100,000).
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Key differences
- Wise scores higher overall: 8.8 vs 8.7.
- Founded is lower at Wise: 2011 vs 2015.
- Wise is licensed in 2 more countries.
- Wise is available in 33 more countries.
- Headline rate is higher at Wise: 3.29% vs 0.25% to 1%.
- Support channels: only Lunar offers Email, Chat.
Our verdict on each
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.
Wise
Wise runs as a cash management account rather than a savings product, so it suits expats and travellers who need many currencies and no monthly charge, not people chasing the top rate. It scores 5.2 here, with a variable rate of 3.29% and a monthly fee of £0.
Score breakdown
| Area | Lunar | Wise |
|---|---|---|
| Cost | 9.1Monthly fee of DKK 0, but a free ATM allowance of DKK 0 and currency conversion at 0% to 1%. | 9.1A monthly fee of £0, a conversion fee of 0.24% and an exchange rate markup of 0% keep running costs low. |
| Offer | 8.7Higher | 8.640 currencies, local details for iban, uk sort code and us ach and a variable rate of 3.29% on the balance. |
| Trust | 8.5 | 8.8Higher |
Availability and regulation
| Country | Lunar | Wise |
|---|---|---|
| Belgium | Not confirmed | BE_NBB PSD_PI BE_NBB!0713629988 |
| Denmark | Not confirmed | |
| Estonia | Not confirmed | |
| United Kingdom | Not confirmed |
Available in 2 countries for both. Additional countries for Wise: 33.
If neither fits
eToro has headline rate at 3.8%, against 0.25% to 1% for Lunar and 3.29% for Wise.
eToro reviewWhere these facts come from
Lunar
- lunar.app: 11 facts, checked September 26, 2026
Wise
- wise.com: 9 facts, checked September 26, 2026
- euclid.eba.europa.eu: 2 facts, checked September 26, 2026
How they place
| Ranking | Lunar | Wise |
|---|---|---|
| Savings accounts | 519 of 1420 | 494 of 1420 |
Every fact side by side
| Fact | Lunar | Wise |
|---|---|---|
| Pricing model | No monthly fee | No monthly fee |
| Legal entity | Lunar Bank A/S | Wise Europe SA |
| Headquarters | Denmark | Belgium |
| Founded | 2015 | 2011Lower |
| Support channels | Email, Chat, Help centreCovers more | Help centre |
Everyday accounts
| Fact | Lunar | Wise |
|---|---|---|
| Licence type | Not confirmed | Payment institution |
| Currency conversion fee | 0% to 1%Lower | 0.24% |
| Currencies | Not confirmed | 40 |
| Audience | Expats, Student, Teen | Expats, Travelers |
| Features | Free ATM, Joint account, Digital onlyCovers more | Free ATM |
| Local account details | IBAN | IBAN, UK sort code, Us ACHCovers more |
| Free ATM withdrawals | DKK 0 | £250 |
| Transfer fee | 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 | From 0.24%, varies by currency |
Money transfer
| Fact | Lunar | Wise |
|---|---|---|
| Exchange rate markup | Not confirmed | 0% |
| Payout methods | Not confirmed | Bank, Card |
Where each stands against the rest
| Fact | Lunar | Wise | Median |
|---|---|---|---|
| Headline rate | 0.25% to 1%lowest quarter | 3.29%above the median | 3.25 |
Median across 658 listed accounts.
Pros and cons
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.
Wise
Pros
- No recurring charge: the monthly fee is £0, matching the €0 site median while some accounts charge as much as €449.
- Conversion is cheap: a fee of 0.24% and an exchange rate markup of 0%, against a 0.5% site median conversion fee.
- Instant access on a floating return: money and gains come out without delay, and the variable rate stands at 3.29%.
Cons
- Support is self-service: help centre is the only channel listed, so there is no phone line or live chat listed for a stuck transfer.
- The rate is variable, so the 3.29% headline can fall, and the brand ranks 220 of 473 on headline rate.
- Moving money is not free: transfer fees are From 0.24%, varies by currency and converting adds 0.24% each time a currency changes.
Who each suits
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.
Wise
Who it suits
- Expatriates and travellers who hold money in more than one currency: the account is built for expats and travelers and covers 40 currencies.
- Anyone who wants a place to park cash without a recurring charge, since the monthly fee is £0.
- People who need money to arrive in local formats, since local account details are offered for iban, uk sort code and us ach.
Who should look elsewhere
- Plazo ES or AXI Card Tarjeta y Credito, whose headline rates of 24.19% and 21.59% are the ones to look at when the rate on the balance matters more than currency cover.
- PayPal Colombia, whose headline rate of 3.3% is close to 3.29%, so a saver gives up little on yield and gains nothing on the 40 currency range.
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 | Lunar | Wise |
|---|---|---|
| Australia | No | Yes |
| Austria | No | Yes |
| Belgium | No | Yes |
| Brazil | No | Yes |
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Cyprus | No | Yes |
| Czechia | No | Yes |
8 of 35 countries where either is available.
Questions about each
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.
Wise
What rate does Wise pay on money held in the account?+
The headline rate is 3.29% and it is a variable rate, so the figure can move rather than being set for a term. Interest is credited to the balance and the money plus the gains stay available, which suits someone who wants a return without tying funds away.
Is there a monthly fee for keeping money with Wise?+
The monthly fee is £0, and the account is built on a no monthly fee model, so there is no recurring charge to maintain it. The site median monthly fee is €0 while some accounts charge as much as €449, so this sits at the cheap end of the range.
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