Finder expert rating
Like most challengers, it’s good for people who are looking for a fresh, mobile first approach to banking.
We’ve highlighted the key features, pros and cons of N26, to help you decide whether it’s the option for you.
N26 is a digital-only current account, with a modern banking app that shows spending insights and gives you control your finances.
N26 is already operating in Ireland, France, Germany, Italy, Spain, Austria, Belgium and a wide range of other European countries. It has more than 3 million customers and has recently launched in the US, too.
When you sign up with N26 you will be sent a cool, clear, contactless Mastercard.
The three of them all operate on the same app, whose features include:
N26 does have some rates and limits that you should be aware of.
Travelling with N26 is cheaper than using most cards from traditional banks, as it doesn’t charge any fees for foreign currency transactions.
However, while cash withdrawals in pounds are free of charge, for ATM withdrawals in other currencies, N26 makes a surcharge of 1.7% of the withdrawal.
Also, be aware that at the moment N26 does not support international money transfers. You can only send and receive money from other UK accounts.
Every N26 bank account has deposit protection: the compensation scheme of German banks guarantees up to €100,000 (about £85,000 – the same amount as the UK equivalent scheme).
N26 also offers a Bug Bounty programme. This means cash rewards to encourage security researchers to track down bugs or vulnerabilities.
The app itself has a three-tier security procedure protecting your account and transactions. Your account can only be paired to one smartphone at a time, you must log in to your account using your password or fingerprint, and you must verify all online and offline transactions with your PIN.
If compared to traditional banks, N26 is really competitive, especially for travelling abroad. You can use your card anywhere without being charged any fees, apply quickly online and enjoy a really slick banking app that’s packed with features.
However, it’s not the only challenger bank offering this in the UK. When looking at direct competitors such as Starling and Revolut, it’s still a bit behind because it offers less features and charges for foreign ATM withdrawals. Still, it offers a solid deal and hasn’t been in the UK long, so watch this space.
Download N26 now for free
Spend smart and reach your goals with Yolt
Get one view of your money across your accounts
Get N26, the new bank you'll love to use
Manage everything directly in the N26 app. Set payment limits, change your PIN and lock and unlock your card. All in real time.
Download Revolut for free today
Click the button and enter your number to receive a free Revolut card.
Starling voted best British bank and current account
No branches, no fees, no paperwork. Get a smarter kind of bank account with the Best British Bank 2018 – all in under 3 minutes!
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our team evaluates banking apps to determine their value against similar products on the market.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.