Banking with N26 is fast, flexible, and they have cool transparent cards. Here are the reasons you may enjoy an N26 account.
N26 is a great service that provides you most of the accustomed features of a regular bank but in a completely digital way. From cash withdrawals at ATMs to international money transfers at exchange rates with very low fees, they have a lot to offer.
It is particularly useful for international travelers, self-employed people, and freelancers. The account is easy to use and the app is very user-friendly.
They have all the requisite safety features in place and some very cool features.
Banks offer many different types of products and services. Trying to compare all of them at once could seem overwhelming. A good place to start is deciding which type of account you want to open based on your financial goals and priorities.
If you’re interested in saving more money, you could open a high-yield online savings account. The Federal Reserve has cut interest rates twice so far in 2019 and many banks have lowered savings account yields. But compared to their brick-and-mortar counterparts, online banks are still offering competitive rates.
The information below is from the N26 website and my own comments.
Fast sign up
Open an N26 account in 5 minutes directly from your phone. No long lines, no paperwork, no fuss. Anytime, anywhere.
No hidden fees
Yes, really. No minimum balance, no maintenance charges, and no foreign transaction fees when you use your N26 card overseas.
FYI My sign up was easy and fast as they said.
We send you instant notifications on all account activity, including payments, withdrawals, and deposits.
FYI This is again very true.
From entertainment to exercise, save money on subscriptions and services that fit into your lifestyle.
FYI I am using the perks for Luminary
#weekend, #friends, #gift — Create your own personal tags to organize your transactions in a way that makes sense to you.
Instantly add money to your account
Ready to get started with N26? Use a debit card to instantly fund your account right from the app. You can also add money to your account using your favorite payment services such as Venmo, Paypal, or CashApp.
FYI This works awesome I have had no issues and its fast!
Get your paycheck earlier
Hate waiting for payday? Get paid up to 2 days earlier with a direct deposit. With N26, Wednesday is the new Friday.
Refer a friend
Invite friends to open an N26 account using your referral code and you’ll receive a cash bonus when they sign up.
FYI Here is my Link you earn $5.00 when you make a purchase of $10.00 or more.
(code - rogerk7688)
Visualize your financial goals
Personalize, track, and achieve your short and long-term financial goals with Spaces. Set a savings target, select an icon, and transfer money in or out of your Spaces instantly with just a few swipes.
Free cash withdrawals
Get unlimited free ATM withdrawals at over 55,000 Allpoint® locations across the US, Canada, Puerto Rico, Australia, Mexico, and the UK. With access to an expansive retail network including Target, Walgreens, CVS, Speedway, and Kroger, you'll never need to pay to withdraw cash again.
Out-of-network? No problem. Enjoy 2 additional free ATM withdrawals per month from any network, anytime, anywhere in the US.
FYI I don't use it for this really
Send and receive money instantly
Make instant, real-time transfers for free using N26 MoneyBeam. Send, receive or request money from anyone who banks with N26.
Security you can trust Bank confidently
Your N26 account is FDIC-insured, which means your money is protected up to $250,000, so you can breathe and bank easier.
Have a hard time keeping track of your passwords? Keep your account secure by logging in using fingerprint or face recognition.
Need help? Don’t fret, we’ve got your back. We’re here for you whenever you need us via our in-app³ chat or by phone or email.
Banking you control
Lock or unlock your card if it's lost, set spending and withdrawal limits, change your PIN number, and enable international spending instantly.
We track your spending so you don’t have to
Ever wonder where all your money goes each month? Wonder no more. The N26 app automatically categorizes your purchases, creating a simple visual breakdown of your spending habits.
Open an account in 5 minutes directly from your phone to experience banking with N26.
In Summary here is what you can do with your N26 account:
- N26 enables transfers into 19 currencies directly through their app. They have partnered with TransferWise (our review) for currency transfers; hence, you can make transfers at mid-market rates.
- Free ATM withdrawals up to five times a month. N26 Mastercard enables you to withdraw Euros from any ATM worldwide.
- Free international payments without having to notify the bank. Everything can be done just at the press of a button.
- Allows contactless payments, which means, you don’t need to physically swipe your card. You can save your payment details in the app and make payments without having your card around. Even your bank account can be linked to your N26 account and you can charge your account when required.