Luminor review

The account carries a monthly fee of €2.50, charged by Luminor Bank AS. That places it at 364 of 422 compared, so it counts as one of the pricier debit cards here. Spending on the debit card adds 2% in currency conversion.

The currency conversion fee is 2%, which places the card at 165 of 258 compared. It is the weakest of the rankings Luminor is measured on, so anyone spending abroad regularly pays more here than the monthly fee alone suggests.

Free cash withdrawals run to €600. That places the card at 5 of 124 compared, a firmer position than its currency conversion and monthly fee results, so heavy cash users get more from the account than the price tag suggests.

Balances sit under the EU DGS up to EUR 100,000 scheme, the cover listed for the account. Anyone building a large cash buffer should check that ceiling against their own savings, since the account is priced in euros with a monthly fee of €2.50.

Help is by email or phone through email and phone, with no live chat or community forum listed. Questions and card issues can be raised either way, though anyone who prefers messaging through an app will not find that route here.

Luminor charges a monthly fee of €2.50, while bunq's monthly fee is €0 and Wise's is £0. For anyone who does not want an account charge, those two start from a different place. Luminor keeps a €600 free ATM allowance and the EU DGS up to EUR 100,000 scheme.

It suits customers who want a debit card on visa with the balance under the EU DGS up to EUR 100,000 scheme, and who take out cash often enough to use the €600 free allowance. It suits fewer people who mainly want no account charge, since €2.50 is due every month.

The legal entity behind the card is Luminor Bank AS, a bank founded in 2017 and headquartered in Estonia. Fees on the account are quoted in euros, with a monthly fee of €2.50 and a currency conversion fee of 2% on the card.