Penge vs Lunar
Co-founder of Penge · Published 7 September 2026 · 5 min read
Penge is for keeping your bank, cards and agreements and adding the overview alongside them. Lunar can also show accounts from other banks and does not require you to move your main banking, but you must open a Lunar account. Light is free, while more features sit in paid plans.
Key takeaways
- Penge gathers accounts from the banks you already use without requiring you to open a new bank account.
- Lunar is a licensed bank supervised by the Danish FSA, and it shows accounts from other banks through multi-banking in Denmark, Sweden and Norway.
- Lunar's plans run from Light free to Standard at 39 DKK, Plus at 79 DKK and Unlimited at 149 DKK a month.
- Penge is free with no ads and has no paid tier.
- Lunar can make payments and transfers. Penge is read-only and cannot move money.
The short version
Choose Penge if you want to keep your current bank and gather its accounts in one free, ad-free overview. Choose Lunar if you want to open a Lunar account and put banking, cards, payments and an overview in the same app. Lunar lets you keep your current bank, but more features require a paid plan.
| Penge | Lunar | |
|---|---|---|
| What it is | A read-only overview | A bank with an app |
| Holds your money | No | Yes, with deposit protection[1] |
| Price | Free, no ads | Light free, otherwise 39, 79 or 149 DKK a month[1] |
| Sees other banks | 2300+ banks in 30+ countries | Multi-banking in DK, SE and NO[2] |
| Requires a new bank account | No | Yes, but you can keep your current bank[1] |
| Categories | Your own, with suggestions from your history | Your own, with category budgets[1] |
| Finds subscriptions for you | Yes, across connected accounts | Subscription overview and in-app cancellation[1] |
| Platforms | iPhone | iPhone and Android |
What Penge is better at
- You do not need to open another bank account. Keep your bank, cards and agreements, and add the overview alongside them.
- Breadth: 2300+ banks in 30+ countries, while Lunar's multi-banking covers Denmark, Sweden and Norway.
- Everything is free. There is no tier where the categories or the budgets get better.
- Across the accounts you connect, Penge suggests categories from your own history and detects recurring charges.
What Lunar is better at
- Being a bank. Accounts, cards, payments, interest and deposit protection are things Penge does not offer.
- Seeing its own transactions instantly. A payment with a Lunar card shows up in Lunar's app right away, while Penge waits for the bank connection to deliver it.
- Android, today.
- Banking and overview in the same app, with free Light and more features in the paid plans.
If you are already a Lunar customer
Then you can use both. Penge lists Lunar as a supported bank, so you can connect your Lunar account and see it beside other supported bank accounts. You can also add manual accounts for things such as cash or a credit card. The accounts returned by a bank connection depend on the bank.
Check that both Lunar and your old bank are there. See the banks we support
Prices move
Lunar's plans and prices were checked against its own pricing page. They can change, so check the source before doing the arithmetic.
Get a full overview with Penge
Connect your bank and let the app categorize and budget automatically.
Frequently asked questions
- Can I connect my Lunar account to Penge?
- Yes. Lunar is on Penge's list of supported banks. Exact account coverage depends on which accounts Lunar returns through the bank connection.
- Can Penge cancel a subscription for me?
- No. Penge finds recurring payments across your connected accounts and shows what they cost, but the cancellation itself happens with the provider. Lunar offers in-app cancellation of subscriptions.
- Who looks after my money best?
- Your bank, whichever it is. Penge holds no money and cannot move any, so there is nothing to look after at our end except your data.
- Does Penge offer interest or savings accounts?
- No. Penge can show the balance and balance history for an account you connect. The savings account itself and any interest remain with your bank.