A flexible cash fund is not a deposit, it is an investment that carries a risk of capital loss. The variable rate shown reflects information provided by the fund manager as of 21/09/2026, and is subject to daily changes. Your investment can go up and down. Past performance is not a reliable indicator of future results.
Zero N26 fees until 20272
Higher target returns, simplified
Daily returns, flexible access
Understand the risks
- Past performance doesn’t predict future results.
- The flexible cash fund is generally low risk, but it can lose value.
- Sale proceeds may take up to 2 business days to reach your account.
*The variable annual return rate shown (2.57%) is net of fund management costs, before any N26 service fee, and reflects information provided by the fund manager, Fidelity International, as of October 1, 2026. This rate is subject to change on a daily basis based on market conditions, and past performance is not a reliable indicator of future results. Daily returns (positive or negative) will be reflected transparently in your portfolio.
1 All investments carry a risk of capital loss. A flexible cash fund is not a guaranteed investment, and a total loss of your investment is possible at any time. The risk of loss of principal is borne entirely by the investor. Investing in a flexible cash fund differs from an investment in deposits. The capital invested may fluctuate. The flexible cash fund does not rely on external support to guarantee its liquidity or to stabilize its net asset value per share. Before investing, please assess your financial situation carefully and consider seeking independent advice, review as well the Key Information Document ( KID ) and our full Terms and Conditions. The statements in this email do not constitute financial advice. Example portfolio values shown are fictional and for illustrative purposes only. Service of reception and transmission for financial instruments by N26 Bank SE (Voltairestr. 8, 10179 Berlin, Germany; CR Berlin Charlottenburg, HRB 271697 B). Execution and securities custody by Upvest Securities GmbH (Prenzlauer Allee 242 - 247, 10405 Berlin, Germany; CR Berlin Charlottenburg, HRB 232445 B). Fund issued and managed by FIL Investment Management (Luxembourg) S.à r.l. (RCS Luxembourg B88635).
2 The flexible cash fund is a regulated investment in a Money Market Fund (MMF) managed by Fidelity International. Unlike a traditional cash deposit, it is invested in short-term, high-quality instruments that are subject to market fluctuations. The fund has a summary risk indicator (SRI) of 1 on a scale of 1 to 7 (see KID) and has a suggested minimum holding period of six months. While designed for stability, the flexible cash fund is not a guaranteed investment. The variable annual return rate is not guaranteed, and the risk of loss of principal is to be borne by the investor.
While N26 does not charge transaction fees, service fees and standard fund management costs may apply. After the promotional period (January 1, 2027), the N26 service fees, calculated on the invested amount, are 0.30% p.a. for Standard, 0.25% p.a. for Smart, and 0.20% p.a. for Go (no N26 service fee applies for Metal). When you withdraw from a flexible cash fund, you instruct us to sell your shares in the underlying money market fund. The proceeds from this sale may take up to 2 business days to reach your account. T&Cs apply.
FAQ
- The N26 Flexible Cash Fund is an investment product that allows you to invest in a money market fund directly through the N26 app. Starting from €1, your money is invested in high-quality, short-term financial instruments. The fund targets a variable annual return, and you can track your portfolio's daily performance right from your phone. Because it is an investment, your capital is at risk.
- A traditional savings account is a guaranteed bank deposit that typically offers a set interest rate. The Flexible Cash Fund is an investment in the financial markets. This means it aims for higher target returns, but the return rate fluctuates daily based on market conditions. Unlike a savings account, it is not a guaranteed deposit, which means your capital is at risk and the value of your investment can go up or down.
- You can request to withdraw your money at any time. Once you make a withdrawal, the funds will reach your main N26 account within two business days. As for your earnings, while they accrue daily, the actual payout, fee deduction, and reinvestment occur on a monthly basis.
- N26 customers in eligible markets (Austria, Germany, Spain, Finland, France, Ireland, Luxembourg, Netherlands, Portugal and Slovakia) with an active bank account can open a Flexible Cash Fund, provided they meet the standard eligibility criteria for investment products in their region.
- Yes. As with any investment, your capital is at risk (1/7) and is exposed to market fluctuations. Our flexible cash fund aims to keep fluctuations low by investing in highly rated, short-term debt.
- No, you need an active N26 bank account to open and manage your Flexible Cash Fund. Your investments are funded directly from your main account, and your withdrawals will be transferred back there.
- Our flexible cash fund is a money market fund that invests in stable, short-term instruments like government bonds and high-quality corporate debt. The goal is to generate steady returns that closely follow current central bank interest rates. Returns come from the interest earned on the fund’s underlying assets. The yield is variable and can change over time based on market conditions and European Central Bank (ECB) interest rates. Our flexible cash fund is not a deposit, your capital is therefore not guaranteed.
- Our flexible cash fund aims to generate returns from the interest earned on short-term investments, like government bonds and corporate debt. The yield is variable, which means it can change over time depending on market conditions and ECB interest rates. Returns accrue daily and are paid out monthly. You can track your investment performance anytime in the app.
- You can start investing in the Flexible Cash Fund from €1.
- If you’re eligible, you can find the flexible cash fund in the Investments or Wealth tab in your N26 app. Eligibility may vary depending on your country and can change over time. To start investing:
- Go to the Investments or Wealth tab and select ‘Flexible cash fund’.
- Choose the amount you’d like to invest from your main account, Instant Savings, or a Space.
- Confirm your investment.
- We will not charge you any service fees for your Flexible Cash Fund until January 1, 2027. This applies regardless of which N26 plan you currently have. Our flexible cash fund may include annual fund-level costs charged by the fund provider. These costs aren’t charged separately from your main account. Instead, they’re reflected automatically in the value of the fund. The applicable annual fund costs are shown in the product documents before you invest. Starting January 1, 2027, service fees will apply based on your N26 plan: 0% for N26 Metal and Aura, 0.25% for Go, 0.70% for Smart, and 0.85% for Standard plans. These are annualized fees, calculated daily on the total invested amount and deducted monthly.
- Based on the fund's performance, returns are accrued daily and paid out every month, with automatic re-investment into the fund.
- Yes. The fund offers yields of up to 2.57% p.a., but because this is an investment in money market instruments, the exact return rate is variable and will fluctuate depending on market conditions.
- While the Flexible Cash Fund relies on a moderate-risk portfolio and is generally considered low risk, it is an investment product. Your capital is at risk, meaning the fund can lose value. Past performance does not predict future results.
- You have the flexibility to withdraw your money at any time without penalty. However, because a withdrawal requires selling your money market fund units, it can take up to 2 business days for the sale proceeds to reach your main N26 account.
- N26 Instant Savings is a bank deposit account that earns a fixed interest rate based on your membership plan, and your deposit is protected by the deposit guarantee scheme. The Flexible Cash Fund is an investment product tied to money market instruments; it offers a variable yield based on market performance, and your capital is at risk.
- A flexible cash fund is considered lower risk than many other investment products, but all investments carry some level of risk. The value of your investment can fluctuate, and past performance doesn’t predict future results.