French neobank Lydia offers personal checking accounts with debit cards and mobile app access for managing finances on Apple and Google devices. Customers in Belgium, France, Germany, Ireland, Italy, Luxembourg, Monaco, Portugal, Spain, and the United Kingdom are welcome to register mobile bank accounts with Lydia, which has a 4.4 TrustPilot rating based on 5894 customer ratings.
All your needs met by a single login
With the ability to make fee-free purchases and cash withdrawals at Visa merchants around the world, make contactless mobile payments through smartphones for purchases over €50, and create temporary credit card numbers for added peace of mind while shopping and subscribing online. If Lydia neobank needs to manage her SEPA direct debits or get paid in French currency, she can simply use her card account, which is linked to a French bank account. All of your recent transactions (buying something, paying a bill, adding someone as a beneficiary, getting reimbursed, sending money to a family member) and your account balance are tracked instantly.
In addition, you can earn interest on your savings of 0.7% (up to 3% for the first three months) with a risk-free savings account.
It’s a mobile app that can be tailored to your needs
All of your transactions may be personalized by changing the text and even adding a photo of the receipt, allowing you to manage your finances better and convert each purchase into a treasured memory. You can open as many new accounts as you need in minutes and close them just as quickly. They will gain a deeper appreciation for your financial constraints thanks to the advanced personalization features. You may customize notifications for each payment account and take advantage of real-time balance updates, payment monitoring, and a consolidated account history.
Swift money transfers and real-time account synchronization
The account is all you need to send money to a friend or coworker in a flash, all you need is their phone number or email address. Account-to-account transfers are quick and free of charge. All it takes is a little “dragging and dropping” to send your cash flying to its proper destination.
Instant alerts are provided for any account activity, and in the event of card loss or theft, you can block and unblock the card yourself, without needing to contact your bank.
A foreign checking account that’s just right
The Lydia Blue, Lydia Green, and Lydia Black subscriptions all come with a Visa debit card that can be used internationally. In addition, there are no hidden fees or exchange rates added by the bank when making a payment or withdrawal in a foreign country.
An interface between your bank and your account
If you’re unhappy with your current bank, you don’t have to look elsewhere, just link your account to the app. Instantly move funds from your account to a bank account, or receive funds from a bank account into your account, all from the convenience of a single mobile app. All accounts associated with can be checked for current and past balances and activity in real-time.
Someplace your money can grow
Every card transaction comes with a one-in-a-thousand chance of being refunded if you have a Lydia Blue or Lydia Black subscription and use the Lydia roulette.
With Lydia’s cashback program, you may earn money on all of your purchases from participating online and in-store merchants, and you’ll get those funds deposited into your Lydia balance on the 20th of every month. Also, depending on the store, you can get a bonus of €20 or more on your Lydia gift card.
A bank account that is completely safe
To ensure that Lydia meets the greatest requirements for banking and IT security, it was developed and managed in Paris, France. Your financial transactions can be instantly verified with an extremely high level of security using a biometric authentication system. Personal information related to your checking account and transactions is kept private in line with the requirements of the General Data Protection Regulation (RGPD). Those funds have been placed in a “ring-fenced” account at BNP Paribas, where they will remain secure as per the rules. The Deposit and Resolution Guarantee Fund backs these deposits up to €100,000 per customer.
This is a Visa debit card, which can be used anywhere Visa debit cards are. You can withdraw funds from any of your Lydia accounts and make purchases with your Visa Lydia card. It can be used at any store or ATM that accepts Visa cards worldwide. It enables you to make safe, contactless mobile payments with any Android or iOS device that supports Apple Pay, Google Pay, or Samsung Pay. Lydia Blue, Lydia Green, and Lydia Black account to get it for free and you can modify it to your liking.
