Lunar is a digital bank in Denmark that offers a free bank account with no hidden fees. They provide a user-friendly app that allows customers to easily manage their daily economy. One of the standout features of Lunar is the opportunity to earn up to 2.25% interest every month, regardless of the amount in the account. This makes it an attractive option for individuals and businesses looking to maximize their savings. Lunar has received positive reviews on Trustpilot and has already gained a large user base of 750,000 customers.
In addition to the free bank account, Lunar also offers a range of tools to help customers manage their finances effectively. The app provides an easy overview of spending and allows users to set budgets with just a few swipes. Customers can also save money each time they use their card and customize their home screen to suit their needs. Lunar also offers investment options, allowing customers to buy shares and invest in ETFs and index funds. However, it's important to note that investing involves risk.
For businesses in Denmark and Norway, Lunar offers a dedicated business account called Lunar Business. This account provides essential tools for money management, including automatic bookkeeping, fast cashflow overviews, and the ability to pay bills with just one click. Lunar Business also offers additional benefits such as cyber insurance and travel insurance. Businesses can also apply for loans up to 1,000,000 DKK with Froda in Denmark. Lunar aims to save businesses time and money with their digital banking solutions.
Lunar also operates in Sweden and Norway, offering similar features and benefits to customers in these countries. In Sweden, customers can enjoy a 3.75% interest rate on their savings, while in Norway, the interest rate is 4% on spending accounts. Both private and business accounts are available in these countries, and customers can access support directly from the Lunar app. Overall, Lunar provides a convenient and innovative banking experience for individuals and businesses, with a focus on digital solutions and attractive interest rates.