Personal Bank Account FAQ
In order to open a bank account with N26, you must have a government-issued ID. Don’t worry, there’s no fussy paperwork or long wait times involved—just present your valid ID during a quick call and you’ll be up and running. It’s worth noting that you’ll also need a smartphone to use your account, and must live in an eligible country where N26 operates.
The Standard N26 bank account is free and doesn’t charge any opening or maintenance fees. The N26 Smart bank account costs €9.90 per month, the N26 You bank account costs €9.90 per month and the N26 Metal account is available for €16.90 per month, with a 12-month commitment period. To open an N26 account, no deposit or minimum income is required.
You’ll need to be at least 18 years old to open a bank account with N26.
Simply visit the Qwist website and follow the instructions. Qwist will then contact all relevant parties and automatically transfer direct debits, standing orders, and incoming transactions for you.
Alternatively, you can switch bank accounts yourself by sending the details of your new bank account to any relevant parties.
The major difference between a personal bank account and a business account is what it’s used for. As the name suggests, personal bank accounts are designed for personal, day-to-day use. Conversely, business accounts are only intended for business transactions. A business account gives you a better overview of your business expenses and enables you to store the relevant receipts more easily. This blog post tells you more about the differences between these two kinds of accounts.
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.
These statements are intended to provide general information and do not constitute investment advice or any other advice on financial services and financial instruments such as Stocks, ETFs and Ready-made funds. These statements also do not constitute an offer to conclude a contract for the purchase or sale of Stocks, ETFs and ready-made funds. Stocks, ETFs and Ready-made funds can be subject to high fluctuations in value. A decline in value or a complete loss of the money invested are possible at any time. The values depicted are fictional and for illustrative purposes. The numbers of available Stocks and ETFs can vary per market.
Services and Fees for everyone who registers with an address in Austria.
For our detailed price list, view PDF here For more information on Allianz Assistance insurance coverage, please see the General Conditions of N26 You, N26 Business You or N26 Metal account. *Please note that interest rates for each type of membership are subject to change. **The money in your bank accounts — including N26 Instant Savings — is protected up to €100,000 by the German Deposit Guarantee Scheme. ***Valid only for new customers who open a new N26 Metal account from 19/02/2025 onwards. The interest rate for the N26 Instant Savings account corresponds to the current European Central Bank deposit facility rate (2.25% starting on 23/04/2025) and is subject to change by N26 at any time. Terms and conditions apply.
For our detailed price list, view PDF here For more information on Allianz Assistance insurance coverage, please see the General Conditions of N26 You, N26 Business You or N26 Metal account. *Please note that interest rates for each type of membership are subject to change. **The money in your bank accounts — including N26 Instant Savings — is protected up to €100,000 by the German Deposit Guarantee Scheme. ***Valid only for new customers who open a new N26 Metal account from 19/02/2025 onwards. The interest rate for the N26 Instant Savings account corresponds to the current European Central Bank deposit facility rate (2.25% starting on 23/04/2025) and is subject to change by N26 at any time. Terms and conditions apply.