The new business bank account for freelancers

N26 Business Smart comes with a colorful N26 debit card. Designed for freelancers and the self-employed, this business bank account offers 10 Spaces sub-accounts—including Shared Spaces for better saving with others. You also get access to Statistics—a tool that automatically categorizes your spending into a handy overview—and partner offers from world-renowned brands. Withdraw money for free within the Eurozone and pay in foreign currencies without having to worry about fees. Find more information in the T&Cs.

N26 Business Smart was created with freelancers in mind, and those offering their professional services in their own first and last name. The big advantage of having a business account is that you can easily separate business finances from personal finances—this makes tax declarations and tax refunds easier.

To sign up to N26, you need to fulfill the requirements for opening an N26 bank account. If you’re eligible, you can open an account in less than 8 minutes—directly on your smartphone or through the N26 WebApp. All you’ll need is an ID. Find more information on the N26 Support Center.

No, you’ll have to open it under your own first and last name. We designed N26 Business Smart specifically with freelancers in mind, and for those offering their services in their own name. This means that the name of your business won’t be visible on your bank account or N26 debit card.

You’ll automatically receive 0.1% cashback on all purchases you make with your N26 Mastercard. We’ll transfer the cashback to your N26 account automatically—you don’t need to take any additional steps.

You can’t have two bank accounts with N26 at the same time. If you already have an N26 account but would like to open up an N26 business account, you’ll have to close your personal account first. Then you can open a business account through the N26 app or our website.

N26 Business Smart is a business account. This means that you’re expected to use it mainly for business purposes. You can still use it for personal finances, as long as they don’t make up the majority of your transactions.

Spaces are sub-accounts that sit alongside your main account, and help you manage your finances and savings more easily. Spaces are suitable for managing personal or business-related savings goals and budgets, whereas Shared Spaces are ideal for sharing joint expenses with other N26 customers. As a premium customer, you can invite up to 10 others to a space.

How do Spaces sub-accounts work, and what can I use them for? N26 Spaces are sub-accounts that sit alongside your main account, and are a practical way to organize your business finances. As a premium customer, create up to 10 Spaces sub-accounts with IBANs in your N26 app, then easily set money aside for your taxes, future projects, savings goals, and more. Each space can have its own unique IBAN, which you can use to pay your business expenses via direct debit, or to get paid via SEPA transfers directly into a sub-account. Of course, you don’t have to add an IBAN to your space if you don’t need one—the choice is yours.

Working with a team? Simply open a Shared Space, and manage your business funds together with up to 10 other N26 customers. Please note that an IBAN can’t be added to a Shared Space for now—but stay tuned for more exciting updates to come! Learn more about N26 Spaces and all its features here