Lysa review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Lysa suits Swedish savers who want an easy-access account with nothing to pay and nothing to put in. Deposits sit under EU deposit guarantee at EU DGS up to EUR 100,000, and the interest rate is variable, so what you earn can move.
Key facts
- Best for
- A Swedish savings pot that needs free access and no minimum balance.
- Rate type
- Variable↗
- Minimum deposit
- SEK 0↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Access terms
- Free withdrawals, no lock-in period↗
- Monthly fee
- SEK 0↗
- Account kind
- Easy access↗
- Legal entity
- Lysa AB↗
- Headquarters
- Sweden↗
- Support channels
- Email, Phone, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- lysa.se
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- TrustpilotLinkedIninstagram.com
Pros and cons
Pros
- The monthly fee is SEK 0
- The minimum deposit is SEK 0
- Access terms give Free withdrawals, no lock-in period
- Deposits are covered under EU DGS up to EUR 100,000
Cons
- The rate type is variable, so the rate can change
- The account is built for easy access rather than a fixed term
Who it suits
- Swedish residents keeping an everyday savings balance
- Savers who want free withdrawals and no minimum
- People who prefer a plain, easy-access account
Who should look elsewhere
- Anyone chasing a fixed rate, where AXI Card Tarjeta y Credito and Plazo ES both use a fixed rate type
- Savers outside Sweden
Fees and FX
There is no monthly charge to keep the account open: the fee is SEK 0. You also do not need to put anything away to get started, since the minimum deposit is SEK 0. Access terms are simple: Free withdrawals, no lock-in period. Nothing in the listed charges is tied to a premium tier, so the same figures apply to a standard easy-access account.
The company behind it
The account is run by Lysa AB, based in Sweden. It is listed in Sweden under PSD_PI SE_FINA!35281, with Finansinspektionen and SE_FINA named as the regulators. If you need help, support runs on email, phone and help centre, so you can reach the team by email or phone, or work through the help centre.
How Lysa compares
9.2 vs 8.6
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9.2 vs 9.1
9.2 vs 9.1
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9.2 vs 8.7- 9.2 vs 8.0
9.2 vs 9.0
9.2 vs 8.1
9.2 vs 8.7
9.2 vs 8.0
9.2 vs 9.5
9.2 vs 9.4
9.2 vs 9.3
9.2 vs 9.2
9.2 vs 9.0
9.2 vs 8.7
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.4
9.2 vs 8.3
9.2 vs 9.0
Where Lysa is available
- Available
- Denmark, Finland, Germany, Sweden
- Licence in Sweden
- Finansinspektionen, checked September 26, 2026
- Licence in Sweden
- SE_FINA (PSD_PI SE_FINA!35281), checked September 26, 2026, also valid in Sweden
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Is there a monthly fee to keep my Lysa account open?+
No charge is listed. The monthly fee is SEK 0, so there is nothing to pay for holding the account open each month. That sits alongside a minimum deposit of SEK 0.
Do I need to put money in to start?+
No starting balance is required. The minimum deposit is SEK 0, so you can open the account and top it up in steps that suit you rather than committing a lump on day one.
Is my money protected if something goes wrong?+
Deposits are covered by the EU deposit guarantee scheme, up to the limit stated as EU DGS up to EUR 100,000. That protection applies to the balance you hold with the provider, so keep large sums within the published cap.
Can I get at my money whenever I want?+
Yes. The account is an easy-access account, and the access terms are Free withdrawals, no lock-in period. There is no lock-in to wait out before you can take money back out.
Will the interest rate stay the same?+
Not necessarily. The rate type is variable, which means the rate can move over time. If you want the rate locked in, a fixed option may suit you better.
Who runs Lysa and who supervises it?+
The provider is Lysa AB, based in Sweden. It appears on the Swedish register as PSD_PI SE_FINA!35281, with Finansinspektionen and SE_FINA listed as the regulators.
How do I get help if something goes wrong?+
Support runs on email, phone and help centre. You can reach the team by email or phone, or read through the help centre for the answer before you get in touch.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“EntityCode=SE_FINA!35281; EntityType=PSD_PI; ENT_NAM=Lysa AB”
- lysa.se checked September 26, 2026
Backs: Deposit protection
- lysa.se/avgifter checked September 26, 2026
Backs: Pricing model
- lysa.se/help-center checked September 26, 2026
Backs: Monthly fee
- lysa.se/kontakta-oss checked September 26, 2026
Backs: Support channels
- lysa.se/sparkonto-auto checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Rate type
“Rörlig ränta”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Headline rate, Term.