Compare Bunq and Lunar

How do Bunq and Lunar compare?

Bunq and Lunar are two mobile banks that offer distinct features and services to their customers.

Bunq is a European-based mobile bank that focuses on providing advanced digital banking features and sustainability. They offer personal and business accounts with features like real-time notifications, instant money transfers, and multi-currency support. Bunq allows users to create sub-accounts for specific savings goals and offers integrations with popular payment platforms like Apple Pay and Google Pay. Sustainability is a key focus for Bunq, and they offer features like tree planting with each transaction.

Lunar, on the other hand, is a mobile bank that aims to provide a personalized and intuitive banking experience. They offer personal accounts with features like spending insights, budgeting tools, and savings goals. Lunar also provides a virtual debit card and the ability to send money internationally. They focus on user-friendly interfaces and strive to make banking more accessible to a younger generation.

In terms of fees, Bunq operates on a subscription-based model with different pricing tiers offering various features and services. Lunar offers free basic accounts with additional premium features available for a monthly fee.

Overall, Bunq is suitable for individuals seeking advanced digital banking features and a sustainable approach, while Lunar caters to customers looking for a user-friendly and personalized banking experience. The choice between the two would depend on individual preferences, specific banking needs, and the importance of sustainability and personalization.