Lunar vs Monzo.
Lunar (L79/100) and Monzo (M78/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Lunar leads Monzo 5-1.
| L Lunar №06 · Finanstilsynet 79 /100 | M Monzo №08 · Central Bank of Ireland 78 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 79 /100 | 78 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | €200 /mo |
| Protection | ||
| Banking licence Tier | Full bank Finanstilsynet | Full bank Central Bank of Ireland |
| Deposit guarantee Per depositor | €100,000 EU.DGS.DK | €100,000 EU.DGS.IE |
| Reach | ||
| Markets served Licensed jurisdictions | 3 countries | 2 countries |
| Crypto Coins available | Yes | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 4.6 ★ 22k reviews | — |
| App store iOS + Android avg | 4.6 ★ iOS 4.7 · And 4.4 | — |
| Read review → | Read review → | |
Pick Lunar if…
Pick if you live in the Nordics and want a local credit institution with native commission-free brokerage.
Pick Monzo if…
Pick if you bank in the UK or Ireland and value the best budgeting tools in the category.
- Best for fees Monzo won 1 of 4
- Best for protection Tied
- Best for reach Lunar won 2 of 3
- Best for ux Lunar won 2 of 2
Lunar vs Monzo — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Lunar better than Monzo?
Under our v3 methodology, Lunar leads Monzo 5–1 across 12 dimensions. Composite scores: Lunar 79/100 vs Monzo 78/100. Lunar is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Lunar or Monzo cheaper?
Monthly fee — Lunar: €0; Monzo: €0. Card FX markup — Lunar: Interbank; Monzo: Interbank. Monzo wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Lunar or Monzo?
Lunar holds a Full bank licence under Finanstilsynet; deposit guarantee per depositor: €100,000. Monzo holds a Full bank licence under Central Bank of Ireland; deposit guarantee per depositor: €100,000. Both score equally on regulatory protection rows.
Where can I use Lunar and Monzo?
Lunar operates in 3 countries; Monzo operates in 2 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.