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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

Lunar vs Rakuten Bank.

Lunar (L79/100) and Rakuten Bank (R70/100), 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 Rakuten Bank 5-0.

Quick verdict Lunar 5–0
Score 10 of 1
Fees 00 of 4
Protection 10 of 2
Reach 10 of 3
UX 20 of 2
Lunar Rakuten Bank
Banks compared 2 banks · 12 dimensions
L Lunar 79/100 R Rakuten Bank 70/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
LLunar
54 tie · 3 loss
RRakuten Bank
04 tie · 8 loss
Winner: Lunar Closest gap: 5rowsEdition №08
L
Lunar №06 · Finanstilsynet 79 /100
R
Rakuten Bank №33 · JFSA 70 /100
Score
Composite score Out of 100 79 /100 70 /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
Protection
Banking licence Tier Full bank Finanstilsynet Full bank JFSA
Deposit guarantee Per depositor €100,000 EU.DGS.DK Safeguarded No DGS
Reach
Markets served Licensed jurisdictions 3 countries 1 country
Crypto Coins available Yes No
Stocks & ETFs Self-directed Yes Yes
UX
Trustpilot Customer score 4.6 ★ 22k reviews
App store iOS + Android avg 4.6 ★ iOS 4.7 · And 4.4 4.3 ★ iOS 4.4 · And 4.2
Read review Read review

Pick Lunar if…

Lunar №06

Pick if you live in the Nordics and want a local credit institution with native commission-free brokerage.

Pick Rakuten Bank if…

Rakuten Bank №33

Largest Japanese internet-only bank by customer count (~14M+) and the only TSE Prime-listed pure-play net bank (TYO: 5838, IPO 21 April 2023 — the largest Japanese IPO in five years at the time). Originally chartered as eBank in 2001; acquired by Rakuten Group (TYO: 4755) in 2009. Structural moat is the Rakuten Points + Rakuten Card + Rakuten Securities + Rakuten Mobile + Rakuten Ichiba ecosystem — points cross-pollinate across the entire surface area. Full FSA Banking Act licence; statutory DICJ member at the JPY 10,000,000 ceiling.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees Tied
  • Best for protection Lunar won 1 of 2
  • Best for reach Lunar won 1 of 3
  • Best for ux Lunar won 2 of 2
Frequently asked

Lunar vs Rakuten Bank — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Lunar better than Rakuten Bank?

Under our v3 methodology, Lunar leads Rakuten Bank 5–0 across 12 dimensions. Composite scores: Lunar 79/100 vs Rakuten Bank 70/100. 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 Rakuten Bank cheaper?

Monthly fee — Lunar: €0; Rakuten Bank: €0. Card FX markup — Lunar: Interbank; Rakuten Bank: Interbank. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.

Which is safer for deposits, Lunar or Rakuten Bank?

Lunar holds a Full bank licence under Finanstilsynet; deposit guarantee per depositor: €100,000. Rakuten Bank holds a Full bank licence under JFSA; deposit guarantee per depositor: Safeguarded. Lunar is the stronger pick on regulatory protection.

Where can I use Lunar and Rakuten Bank?

Lunar operates in 3 countries; Rakuten Bank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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