N26 has a European banking licence, which enables it to operate in the European Economic Area (EEA). Last year, it also announced that it would be expanding its services into the US market.
N26 is available in Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, the Republic of Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Portugal, Poland, Slovakia, Sweden, Spain and Switzerland, as well as the US.
Your first N26 card will be shipped to you as soon as you have verified your identity. You will have the choice of ordering express delivery at the checkout, should you wish to get your card faster. If you need a replacement card, you can order this through the N26 app.
N26 had been available in the UK up until April 2020, but this is no longer the case since the bank withdrew. The reason for this was Brexit; all UK customer accounts were closed after operations ceased in this market.
Yes. Since N26 is compliant with European Union laws, the bank has a deposit guarantee scheme up to the value of €100,000.
Although basic accounts don’t incur a monthly fee, you will need to pay for other services. In addition to the 3% fee for all gambling transactions, ATM withdrawals beyond the monthly limit will also have an additional €2 cost. SWIFT payment costs will vary depending on which currency you use, while there is also a 1.7% foreign exchange fee.
In the N26 mobile app, go to the Actions tab and select ‘Add Money’. After you have done this, choose ‘Card Transfer’. Enter the amount you wish to add to your account, as well as the card you want to use and its security code. After doing these, you should see the money in your account instantly.
That depends on where you live. If you’re based in the UK, then Monzo is a viable alternative. However, customers elsewhere in Europe might turn to Revolut or Transferwise instead.