N26 Review

Company Information:

N26 was founded in 2013 by Valentin Stalf and Maximilian Tayenthal—reimagining the retail banking experience for today’s mobile lifestyle.

Today, N26 ranks amongst the top 10 most valuable FinTech companies worldwide, having more than 3.5 million customers across 26 markets.

In 2015 the firm have made its initial product launch,

And in 2018, N26 has raised a total of $215 Million from some of the world’s most well-known investors and venture capitals.

N26 has offices in New York, Berlin and São Paulo, as well as TechHubs in Barcelona and Vienna. 

There are over 1300 employees at N26 offices around the globe.

In 2019, N26 announced its $300 Million series D funding led by the firms’ venture partners, and received a further $170 Million extension in July 2019.

At mid-August 2018, N26 launched in the US and is confirmed to enter the Brazilian market later in the year.

Pros & Cons


  • Great user experience with the app                                  
  • Very useful – easy to manage your account
  • UK customers – receive account number & sort code
  • Support Apple / Google Pay
  • Customer support accessible in-app


  • 1.7% Fee is charged for overseas withdrawals (basic account)
  • No physical branches
  • No option for overdraft.
  • No phone customer support

Who is it for?

N26 onboards clients from the following countries:

  • United Kingdom
  • Germany
  • Austria
  • France
  • Italy
  • Spain
  • Switzerland
  • United States
  • European Union (excluding Greece & Slovenia).

N26 Support the following languages:

  • English
  • Spanish
  • French
  • Italian
  • Deutch

N26 accept clients from the age of 18+

This is the process of opening an N26 bank account:

  1. After confirming your email, personal details, and shipping address, select the type of account you want. *
  2. Prove your identity and connect your smartphone to your new account.
  3. As a new signup, you’ll be able to top up your account via Bank Transfer or CASH26 deposit (if you are in Germany, Austria or Italy).
  4. After a few days, you’ll receive your N26 Mastercard by post.

Accounts & Pricing

Personal Accounts:

  1. N26 Basic:

 Monthly Price: Free

  •  Free ATM withdrawals: euros (only).
  •  Free payments in any currency.
  1. N26 You:

Monthly Price: €9.90

  • Free ATM withdrawals: Worldwide.
  • Free payments in any currency.
  • Insurance package by Allianz.
  • Variety of discounts and special offers from selected partnered brands.
  1. N26 Metal:

Monthly Price: €16.90

  • Free ATM withdrawals: Worldwide.
  • Free payments in any currency.
  • Insurance package by Allianz.
  • Variety of discounts and special offers from selected partnered brands.
  • Dedicated customer support.
  • Exclusive access to unique metal experiences.

Business Accounts:

  1. N26 Business:

 Monthly Price: Free

  • Free ATM withdrawals: euros (only).
  • 0.1% Cashback.
  1. N26 Business You:

Monthly Price: €9.90

  • Free ATM withdrawals: euros (only).
  • 0.1% Cashback.
  • No ATM fees in any currency.
  • Insurance package by Allianz.

Key Features:

Sending / Receiving money with N26

  • Peer to Peer local transactions – N26 allows its users to make transactions between themselves using MoneyBeam instantly & for free. N26 customer can also send or receive money from non N26 customer with only an email address or phone number. the transaction will be completed within 2 banking days.
  • International Money Transfer – N26 allows its customers to make international transactions in over 19 foreign currencies using its built-in Transferwise feature. The fee you pay is much lower than the banks’,  between 0.35-2.00% of the transaction amount, depending on the currency.

Free Mastercard debit card – Each N26 bank account will grant his owner a free Mastercard debit card, accepted worldwide.

Full control via N26 app

You can use the N26 app for the following actions, from anywhere you are:

  • Set-up daily spending limits.
  • Lock or unlock your card.
  • Reset your PIN.
  • Receive push-notifications immediately for every account activity,

Including card and mobile payments, ATM withdrawals, transfers and direct debits.

  • Login to the app using secure fingerprint.
  • “N26 Spaces” – create sub-accounts for all your different goals or purposes and keep them all together. That way you can save money more easily and be in full control over your money.
  • Spending Categorization – using artificial intelligence, your accounts’ spendings would be categorized and shown in your app, that way you’ll know exactly where your money goes.
  • On-line support chat in 5 different languages – English, French, German, Spanish and Italian.

To sum up

N26 is a fully licenced and regulated mobile bank, allowing its customers to 100% manage their bank account online through the web or their mobile device app in real time, from wherever they are, home or travelling.

The app is very intuitive and useful, and is featured a lot of tools to help the customers to easily manage their money.

There are zero exchange fees on card payment in any currency.

Currently, there are 3 different personal account plans, the basic one (N26) is Free and can enjoy all the above, and the premium plans – N26 You (€9.90) and N26 Metal (€16.90).

N26s’ premium account gets all the mentioned above benefits, as well as fees free foreign currency exchange withdrawals and access to premium benefits, including exclusive partner offers & the Allianz insurance package.


  • Full European banking licence
  • Keep track on your account activities on-the-go
  • Extra safe – Fingerprint identification & advanced 3D Secure technology
  • Get insights on your spending habits using AI technology
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