What is N26?
N26 is a fully digital, branchless bank offering personal and business accounts primarily within the European Economic Area (EEA). Accessible via web and mobile app, N26 provides users with an IBAN account, physical and virtual debit cards (often Mastercard), and a range of banking features such as instant transfers, budgeting tools, and security controls. The platform supports SEPA transfers in EUR and international payments in various currencies through partners. Regulated under European banking laws, N26 aims to simplify everyday banking, delivering essential services like payments, savings, and analytics within a user-friendly, transparent interface.
How to use N26?
- Download the N26 app or visit the N26 website.
- Register and verify your identity with official documents.
- Choose your preferred account type (personal or business).
- Fund your account via bank transfer or payment card.
- Order and activate your physical or virtual N26 debit card.
- Use the app to send, receive, or manage payments.
The pro's of using N26
- Fully digital account opening with fast online verification.
- Transparent fee structure; basic account has no monthly fee.
- Real-time notifications and spending insights via app.
- Global payments in multiple currencies through partners.
- Multi-layer security and card control options within the app.
The con's of using N26
- Not available outside EEA or select supported markets.
- No physical branch support for in-person assistance.
- Cash deposits can be costly or limited in some regions.
- Some advanced features and higher limits require paid plans.
- Customer service is primarily online, with reports of slow responses.