Your Lydia accounts
Lydia lets you create several accounts to organise spending and save a bit of money, right from the app.
Which account should you choose?
If you want to save money, there is nothing more important than having a clear view at what you're spending. Unfortunately, banks only let you have one current account — all of your expenses are merged in one single place. This creates useless confusion.
To help you out, we created different kind of accounts:
- The Lydia account: it's your account by default from which you can receive and send money
- The joint account for your couple's expenses or for your next trip away with friends
- The Lydia mobile money pot for your friend's next birthday or one of your colleagues' farewell drink
- The piggy bank to set a budget for a specific kind of purchase: shopping, kitchen renovation...
Creating one or multiple accounts 💰
There is nothing simpler than creating an account. First, open the Lydia app, then:
- Go to the 3rd tab of the app
- Click on the "+" button
That's it! You can start crediting the account or sharing it with friends.
👉 Premium lets you take full advantage of these features. To know more, read this article.
Using money from an account 💸
Make transfer with a drag and drop gesture
You only have to drag and drop your money from the account of your choice to the one you want to transfer the money. Then, define the amount to transfer. It works between your own bank accounts but also with all your Lydia's accounts: money pots, piggy banks, joint account...
Pay with it
The money stored in an account can be used anywhere thanks to the various Lydia payment means. You can use this money to:
- Pay in stores thanks to contactless mobile payment
- Pay and withdraw cash anywhere in the world with no fees, with the Lydia card
- Pay online using Internet cards
- Make transfers to any bank account
- Send money instantly to other Lydia users right from the app