Select Page

This post may contain affiliate links or sponsored content. For more info please read my Disclaimer.

N26 Review 2024: Why You Need To Have This Mobile Banking Solution

by | Last updated Jan 4, 2024


N26 claims to be the “bank you’ll love”. They promise a free N26 bank account, smart and flexible banking in real-time, and 100% mobile banking. Sounds too good to be true? In this N26 review, I take a closer look at the popular online bank.

I check the functionalities, look at the different N26 account types, see what features are really free, explain how you can sign up for an N26 card, and show who can profit from an N26 account.

What Is N26 and What Are the N26 Benefits?

N26 LogoN26 is Europe’s fastest-growing mobile bank and was founded in 2014 in Berlin, Germany. What began as a small start-up has now grown to 1,500 employees and about 7 million customers worldwide.

They offer pretty much the same services as a traditional bank does. However, they are specialized in mobile banking using a smartphone.

  • With this online business model, N26 can operate at a much lower cost and hence, can provide a cheaper service than normal banks.
  • Unlike other banks in Europe, their registration process is very simple and quick.
  • Banking with N26 is easy, straightforward, cheap, or even free, and super-intuitive thanks to their well-designed app.

I have been using their bank account since 2016 and it’s still one of my absolute favorites. It saved me so much in fees during the last couple of years and I’m a huge fan of their straight-forward, modern banking approach.


How Does N26 Online Banking Work?

N26 banking works exclusively online. There are no physical branches.

N26 customers open a bank account online (which takes less than 8 minutes), verify their identity, and download the app.

That’s it. From that moment on customers can use the app to pay, make transactions, change payment limits, monitor their money flow, lock the card, and much more.

You also get a Mastercard, which is a debit card, that you can use at any ATM around the world to withdraw money or pay without any fees.

Besides the non-existent fees, the N26 app is really the best thing about N26. I haven’t heard a single person not gushing about it. Seriously. Here are just some benefits:

  • The design is very elegant and modern.
  • It is super powerful – you get to do all types of banking-related services with it.
  • It makes your money flow very transparent, organized, and easy to understand by giving detailed statics.
  • It operates on a high-security standard. 

Just in case you are wondering: Once you have set up your account, you can also use the desktop version of N26 if you prefer banking on your computer.

What features does the N26 app offer?

Since we’re talking about their functionalities anyway, we might as well go a little bit deeper and have a look at some of my favorite features:

N26 Apple Pay

1. Contactless Payments via N26 Apple Pay and N26 Google Pay

You can use N26 Apple Pay or Google Pay to make payments without your card. Checkouts in stores couldn’t possibly get easier and quicker with these real-time transactions. Of course, this technology is absolutely safe, using Touch ID or Face ID.


2. Push Notifications

As soon as you pay something with your card, your phone immediately vibrates in your pocket, giving you a note about the transactions. If you get paid on your N26 account, your phone also lets you know straight away. Does your internet provider take its money from your account? Your phone tells you.

If you are like me and don’t check your bank account every day, this is a great way to keep an overview. You always know what happens with your money.


3. Transaction Categories

N26 Bank App Review

This app is super smart. If you buy a train ticket, it automatically classifies this transaction as “Transport”. Have a coffee in a restaurant = “Bars & Restaurant”. Pay your rent = “Household”. Buy makeup = “Drug Stores”.

Wondering why N26 does that? At any time, you can have a look at your statistics and see how much money you have spent on each category. A fantastic way to easily analyze your expenses and income and to spot areas where you could save more.


4. Cash Withdrawals via CASH26

This function is currently only available in Germany, Italy, and Austria but I’m sure it will spread soon. You can simply go to one of the almost 15.000 participating shops, show them a barcode created in your app and they will give you up to 200 Euro cash from your bank account per transaction. No ATM or card is needed. No fees.


5. Banking Settings

You can change all the important settings in your app directly: Changing your daily transaction limits, locking your card in case you have lost it, resetting your PIN, or turning online payments, international payments, or withdrawals on and off as you like.

No need to contact a bank employee anymore. You can manage your own security settings with a few clicks.


6. MoneyBeam

N26 Apple payWelcome to the future! I haven’t seen this feature in any other bank but I think this is going to be huge! If you want to send money to your friends, family, or whoever, you don’t even need to have their bank account details anymore.

All you need is their email address or phone number and you can transfer the money. If they have N26, too, the transaction happens immediately. As soon as they receive the money, they only need to accept it. If they don’t, the money goes straight back into your account. Again, no fees are charged.


7. Cash Map

The cash map is particularly handy when you are new to town and don’t know your way around. It shows you where you can find the next ATM near you or the next CASH26 partner. No need to google around for ages.


8. Insurance

The premium versions of N26 come with extensive insurance coverage. They cover things like: stolen phones, flight delays, travel cancellations, or delayed luggage. The partner insurance company for that is Allianz.

Tip: Although they offer an impressive list of coverage, I always recommend getting specialized travel insurance. Banks are no experts when it comes to insurance and often, the liability cases are very limited and have many exceptions. That’s why I would never rely on a bank or credit card provider for insurance.

Check out popular travel insurance for digital nomads, like SafetyWing or WorldNomads, instead.


N26 and Wise Integration

Yes, my two favorite online banks have joined forces!

N26 Review TransferWise

If you have been reading this blog for a while, you know that I’m also a huge fan of Wise, formerly TransferWise. I’ve been using them for years now and couldn’t be happier with their service.

Wise allows you to make transactions between different currencies at the so-called mid-market rate, which is the best exchange rate you can get, in only a few days.

This is very handy if you want to send or receive money from one currency to another. For example, if you are currently traveling or living in Europe but your client or employer pays you in USD. A fantastic way to transfer money to EUR which is so much cheaper than a normal bank transfer.

I have written an extensive review on Wise, too, if you want to learn more.

Since N26 bank has partnered with Wise, you can profit from these advantages, too, when making a transaction between two currencies. Double win!


What Are the N26 Bank Account Fees?

If you have to pay fees and how much depends on the type of plan you get. N26 has two main options, depending on what you want to use it for:

  1. Personal plan and
  2. Business plan.

I don’t want to go into detail about both options now, so let’s just quickly look into the N26 bank account fees of the personal plans:

  • N26 Standard: free
  • N26 Smart: €4.90/month
  • N26 You: €9.90/month
  • N26 Metal: €16.90/month

N26 Bank Account Fees

The differences between the N26 bank accounts are mainly in additional features such as travel insurance, lifestyle insurance, or things like shared account:

N26 Bank Features

No matter what type of plan you go for, you never have to pay for:

  • Setting up an account
  • Verifying your identity
  • Issuing your N26 debit card
  • Downloading and using the powerful N26 app
  • Contact via live chat
  • Payments in any currency
  • Mobile payments
  • Contactless payments
  • Deposit protection of up to €100,000
  • 2 sub-accounts for easier budgeting and saving
  • Up to 3 free withdrawals per month in Germany

All these services are 100% FREE!


Is there an N26 Credit Card?

Unfortunately, there is no N26 credit card, yet. Both personal and business accounts have debit cards only.

But since they are growing so rapidly, it wouldn’t surprise me if they came out with an N26 credit card in the near future. So let’s wait and see.


Who Can Get an N26 Card?

If you want to open an account so you can get an N26 card, you need to:

  • Be at least 18 years old
  • Own a compatible smartphone
  • Live in a supported country

Note: You do not need to be officially registered in that country and you don’t need to be a citizen of that country. You only need to stay/live there.

The supported countries are:

Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the USA.

Don’t worry if your country is not on the list yet. Looking at the speed of their growth I’m pretty sure they will expand this list soon. So stay tuned.


N26 USA: Can US residents get an N26 account?

Yes, N26 is now also available in the USA. That means all you need to do is to go to the N26 USA website and open an account. You will need the usual personal details to sign up, that is:

  • First & Last Name
  • Date of Birth
  • Social Security Number
  • Physical Home Address
  • Mobile Phone Number
  • Email Address


How To Open An N26 Bank Account?

Another one of the perks is: It is super easy and quick to open an N26 account. According to their website, you can do it in less than 8 minutes! Here we go:

N26 Registration process
  1. Head to the N26 website and click on “Open Bank Account”.
  2. Give your email, personal details, and a shipping address for your debit card.
  3. Select the plan you want.
  4. Prove your identity.
  5. Connect your smartphone.

That. Is. It. No painful bureaucracy, no filing papers, no visiting a branch.

You can now use your N26 bank account to do payments or money transfers. In a few days, your debit card will arrive at your given address.


How Do I Verify My Identity via IDNow to Open an N26 Bank Account?

Again, proving your identity to open an account with N26 is fairly easy. Depending on where you live, your nationality, and the type of ID you want to use, you have two options:

  • Video Verification
  • Photo Verification

For the first one, you simply do a video call with N26’s video identification partner IDnow. A lovely customer representative will ask you to hold up your ID to the camera so they can verify the details you provided earlier.

You can also verify your identity by a photo of your ID and a selfie through the N26 app.

Which method you need to choose depends on your nationality, your country of residence, and the type of ID you use.

N26 Debit Card


Is the N26 Card Safe to Use?

The N26 card is absolutely safe to use! Many people may ask “What bank does N26 use?” The answer: N26 is a fully licensed bank! That means that they don’t need to use another bank to provide their services.

N26 holds a banking license and therefore must comply with the rules of the German financial regulatory authority. Another advantage of N26 being located in Germany is the fact that the German deposit protection insures all deposits up to 100.000 Euro.

So much to the legal security background.

To protect their customers’ accounts, they have created a very smart system:

  1. Secure login: If you want to access the app, you need your username and password (you have to type it in every time again, no chance to save it) or use a fingerprint/face recognition system.
  2. PIN confirmation: Every time you make a transfer or connect or disconnect a new smartphone, you need to use a 4-digit code.
  3. Push notifications: You will get an instant notification for every incoming and outgoing payment. In case something doesn’t look quite right to you, you can jump in immediately and lock your account if necessary.
  4. Banking settings: You can activate and deactivate banking settings, such as ATM withdrawals, online payments, or payments abroad, with one click in the app. For instance, once you have used an ATM, simply deactivate the cash withdrawal function until you use it the next time to avoid card skimming.


How Can I Contact the N26 Customer Support?

if you have any questions, you can contact the N26 customer service via:

  • Email:
  • Support Chat: in the N26 mobile app or web app
  • Phone Call: 1-888-626-0626.

On top of that, there is a comprehensive help center that answers all of the common questions customers have.


The Downsides of N26 Bank

Nothing is perfect. As with every bank, there are a few minor disadvantages with N26, too. Here they are:

  • In the free plan, N26 Standard, you don’t get an N26 customer service number you could call, only live chat. I have to admit that I find this a bit unusual but as long as the chat is efficient, I’m ok with that.
  • The locations for opening an account with N26 are limited to European countries and the USA only at the moment. However, they are constantly working on expanding the list.


N26 Bank Review Verdict: Mobile banking for Travelers and Digital Nomads

As you can see, there are many fantastic reasons to fall in love with N26. They provide the next level of mobile banking and make international payments so much easier.

Setting up an account and getting an N26 card is a breeze. Payments and N26 withdrawals are free and thanks to their great app quicker than ever before. Statistics and push notifications to help you keep an overview of your money flow at any time. Even transfers to different currencies are possible at the best exchange rate due to their partnership with Wise.

Whether you are a personal or business user, I’m happy to say that an N26 bank is a brilliant option for all digital nomads, travelers, expats, or anyone who is looking for a new and smart way of online banking.

N26 Review
Denise Mai

Denise Mai

Founder of Digital Nomad Soul

Hi everyone, thanks for stopping by! My name is Denise and I have been working online for more than 10 years. In the past, I worked as a remote employee and freelancer & managed to build a six-figure online business. I know that many others would love to work from home or work while traveling, too. That’s why I want to share my experience and help you on your way to your remote career!

You May Also Like

Modern Sabbaticals – 17+ Ways How to Take a Remote Year

Modern Sabbaticals – 17+ Ways How to Take a Remote Year

Later could mean you are less physically able. Later could mean you don’t have money anymore or need to take care of loved ones. Later could mean never. More and more people have realized that waiting for retirement to do all the fun things they’ve always wanted to do...

18 Work-from-Home Cybersecurity Tips to Protect Your Data

18 Work-from-Home Cybersecurity Tips to Protect Your Data

I know, I know. Data security is not exactly the most exciting topic. However, when you work from home or work remotely in general, is it your duty to make sure your data is safe. So to make it as easy as possible for you, I’ve collected a list of 18 of the most...

16 Fun Jobs that Pay You to Travel the World

16 Fun Jobs that Pay You to Travel the World

Many people dream about traveling the world but it’s the money that holds them back. Traveling to faraway countries doesn’t come for free and many of us simply don’t have the budget to travel for weeks, months, or even years in a row.  Wouldn’t it be great if you...

12 Digital Nomad Dating Apps – How to Date as a Digital Nomad?

12 Digital Nomad Dating Apps – How to Date as a Digital Nomad?

Dating as a digital nomad is hard. You are constantly on the move, travel a lot, and oftentimes don’t work the usual 9 to 5. Although, the digital nomad lifestyle is becoming more and more popular, finding love is still tricky. Luckily, there are quite a few digital...

13 Best Travel Credit Cards for Digital Nomads in 2024

13 Best Travel Credit Cards for Digital Nomads in 2024

  Did you know that you can’t just save money by using certain credit cards while traveling but actually MAKE money by using the right ones? That’s right! You can get money for free with travel credit cards via cashback, rewards, or sign-up bonuses. That’s why...

9 Surprises Of The Digital Nomad Experience To Expect

9 Surprises Of The Digital Nomad Experience To Expect

  Despite all of the exhaustive research, preparing, and planning you’ve done to finally launch into your digital nomad experience, as soon as you embark, some huge surprises will still crash into you like waves.  If you’re not prepared for them, they could...


  1. Hi Denise & Happy New Year!

    Would you know if I can I open a joint checking account along with a person residing in another (European) country at N26?


Submit a Comment

Your email address will not be published. Required fields are marked *

Zero to Remote Work Success

Online Course Bundle - small

Get the most comprehensive online course on Remote Work now!

8 New Remote Jobs for Introverts – Trending Work from Home Jobs

In this blog post, I want to show you 8 new remote jobs for introverts that are currently high in demand and relatively new on the market. These jobs can be done from anywhere in the world and they don’t require you to make calls or participate in meetings. Here you...

14 Digital Products to Sell on Etsy as a Beginner in 2024

In this blog post, I want to show you 14 of the most popular digital products to sell on Etsy. You don’t need any experience to create these products and there are many free online tools out there you can use to design them. At the end of the post, I also show you a...

How to Create AI Art for Free – 7 Ways to Make Money with AI Art

An extremely popular way to earn an income online these days is by using artificial intelligence. I’ve already talked about the different ways to make money with AI in general. In today’s blog post, I want to focus on AI-generated art and not only show you how to...

8 Best Online Chat Support Jobs from Home for Beginners

Online Chat Support Jobs are brilliant job options for remote workers and digital nomads. All you need is a reliable internet connection and a laptop. Most of the time, you don’t need a degree or previous experience. You also don’t need to do any phone calls which...

Insured Nomads Review 2024: A Legit Insurance for Digital Nomads?

Insured Nomads is a relatively new insurance company for travelers and remote workers. In this Insured Nomads review, we want to look at what exactly is covered by the policy and what isn’t covered. We are also going to learn how much Insured Nomads costs and if it’s...

FlexJobs Logo

Find Remote Jobs from Home –
Part-Time & Full-Time!

Flexible, Beginner-Friendly & Scam-Free