Interest onuninvested cash

Put your money to work in our instant access multi-currency accounts.
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2.75
%APR
2.75
%APR
Follows the
European Central Bank
We pass interest back at the ECB rate, minus a flat 0.75% fee.
Multi-currency
accounts
Hold in 3 different currencies (EU, USD, GBP) and generate interest in all of them.
No minimums
No maximums
From €1 to infinity. We don’t limit the amount of money you can add.
INTEREST CALCULATOR

You could earn

€19.80
€19.80
YearlyMonthly
Forecasts aren’t a reliable indicator of future performance. The interest changes significantly when there's a change to the European Central Bank’s rate. For simplicity, this calculation assumes the interest doesn’t change.

Interest - ed?

From saving on fees to paying you yield, we make sure you get the most out of your money.
EARN 2.75% INTEREST…
Instant access, interest rate that tracks the ECB’s
Our customer interest calculation is simple: central bank rate minus a Lightyear fee of 0.75%. So currently for euros this is 3.5% – 0.75% = 2.75% (as of 24.09.24). You can hold your money in euros, pounds or dollars — giving you more control.
Interest earned daily, paid monthly
Light speed deposits & withdrawals (with no fees)
Safe & trusted

Keeping your money safe

Customers trust Lightyear with their money, this is something we take incredibly seriously.
Multi-country regulationGovernment insuranceSafeguarding your assets

Regulated in the UK by the FCA

We’re an appointed representative of RiskSave Technologies Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN 775330).

Regulated in the EU by EFSA

We’re authorised and regulated by the Estonian Financial Supervision Authority (4.1-1/31) and authorised to operate across the European Union.
Frequently asked

Questions a curious investor might ask

How do you keep my money safe?

Trusting us with your money is not something we take for granted. Lightyear Europe AS is a licensed investment firm and as such is bound by strict regulatory obligations in how we handle and protect your assets.

Customer assets always sit separately to our own and are held by authorised custodians. There’s no way for creditors - in the unlikely event of anything happening to Lightyear - to get hold of the investments or cash that you hold with us.

Lightyear customers have their assets covered up to the amount of 20,000 EUR by the Estonian Investor Protection Sectoral Fund. Read more about this fund here. Your US securities are held with our partner Alpaca, who is FINRA regulated and a registered member of the SIPC. This means your US securities are protected up to the value of $500,000 should Alpaca fail. You can read more about this directly on the SIPC website.

Read more about how your assets are protected in our help centre.

Is Lightyear a bank?

Lightyear is not a bank. We’re an investment platform, so there are a couple of key differences. While we’re regulated by the same authorities as banks, the protection schemes are slightly different for investment platforms (see here). With regards to customer funds, we cannot use customer money in the same way a bank does by lending it out. You have instant access to your Lightyear assets because of this. We also don’t set our interest rate payments like banks do so we can make sure you’re always getting the best deal. We simply take the central bank rates and then pass it along directly to you, minus a flat administration fee.

Why are your fees so reasonable? How do you make enough money?

We couldn’t agree more - our fees are very reasonable. We’re one of the most competitively priced investment platforms on the market and that's how we like it. Low cost, transparent pricing is in our DNA. We charge small, but fair, execution fees and take a fee for both foreign exchange and interest payments. Building a sustainable business that’s here to serve customers in 10, 20 and 100 years is something that’s paramount.

Are there really no "buts" to your interest rate? What’s the catch?

No buts, promise. The interest rate on Lightyear moves with the central bank rates - so when it goes up you get more, and when it goes down you get less. It’s also uncapped which means there are no minimums or maximums, and there are no ‘lock in’ periods. You have access to your money when you want it.

How easy is it to withdraw my money?

Easy. We ensure you always have access to your money and we’ve made the process pretty painless for when you need to withdraw. The transfer times depend on the payout method you’re using but never longer than a day or two. For GBP, EUR, and HUF, your funds typically arrive on the very same day. For USD, your funds typically arrive within two days.
Visit our Help Centre