What is N26?
N26 is an online bank based in Germany that provides free mobile banking services. It offers checking and savings accounts with no monthly fees and does not charge foreign transaction fees. N26 was founded in 2013 with the goal of providing a simple banking experience with modern technology.
Some key features of N26 include:
- Free Euro account with German IBAN
- Mobile app to manage your account, transfer money, and pay with your phone
- Free withdrawals at any ATM worldwide
- Support for Apple, Google, and Samsung Pay
- Budgeting and analytics tools to see how you spend money
- Spaces to create sub-accounts for saving money
N26 has expanded across Europe and also operates in the United States. It has attracted millions of customers with its user-friendly app and transparent, low-fee pricing model. While it does not offer checks or have physical branch locations, N26 provides a viable online-only banking solution focused on technology.