Get extra financial flexibility with N26 Installments

Stay flexible with N26 Installments. Simply choose an eligible past purchase to split into installment loans—the amount will be instantly transferred back into your account so you can spend it on what you need. Enjoy 100% transparency every step of the way, and absolutely no late fees.

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Split a past payment, and pay it back later

Need extra funds fast? Go back in time and split eligible past purchases with N26 Installments. If you’ve bought something between €50 to €500 in the last 4 weeks (starting from July 1, 2021), simply split up this amount into chunks, and pay your installment loans back with an annual interest rate of 7.49% to 11.99% over a time period of your choice—from 3 to 6 months. It’s your money, so you decide.

Extra flexibility when you need it

Decided to go on a spontaneous weekend trip, need to buy a last minute birthday gift, or suddenly fly home to be with family? We get it—things can change fast sometimes when it comes to your money. Thankfully, if you need to readjust your budget for unexpected costs, N26 Installments gives you the flexibility to split a past purchase into installment loans to free up cash right away.

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A wider selection of merchants

With N26 Installments, you can choose from a range of past transactions, and split them into installment loans. Pick from an even wider selection of merchants, with purchases made across categories like electronics, plane and train tickets, fashion, and even furniture from your favorite vendor down the road. For more information about eligible purchases that you can split, please view the T&Cs.

Link to T&Cs

100% transparency, and no late fees

You should always have full transparency when it comes to your money. And if you decide to split a past purchase into installments, you’ll always get an upfront overview of interest rates and costs before you proceed. There are no additional fees, and we won’t charge you for late payments on your installment loans. You’re always in control.

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How can I get started with installment loans?

To split a purchase, open your N26 app and follow these steps:

  1. Head to the ‘Explore’ tab and the ‘Financial Products’ section.

  2. Go to ‘N26 Installments and follow the prompts to select an eligible purchase.

  3. Tap on ‘Split a purchase,’ and confirm your installment loans plan.

You'll be instantly reimbursed the original cost of your purchase—minus your first installment amount. It’s important to remember to update your app so that you’re running the latest version.

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Flexible banking—at your fingertips

Join over 7 million customers that choose to bank with N26. Pick one of our premium plans packed with intelligent features, or opt for a free N26 bank account. Sign up online directly from your smartphone in minutes, without paperwork. It’s fast, simple, and easy!

FAQs

How does N26 Installments work?

N26 Installments allows you to split purchases you’ve made in the past 4 weeks (starting from July 1, 2021), and pay them back later. Easily manage your budget by splitting any eligible purchase between €50 to €500 into installment loans, and pay it back with an interest rate ranging between 7.49% and 11.99%. You can make these repayments monthly over a time period of your choice—over 3 to 6 months.

For example, if you split an eligible purchase of €100 into 3 monthly installments with an annual interest rate of 7.49%, your actual effective cost will be much lower—at 1.87%. That means you'll only be charged €1.87 interest to split that purchase with N26 Installments.

And if you opt for a 6 month repayment period, the actual effective cost will be 3.75%, meaning that you’ll only pay €3.75 on your installment loans.

Which purchases are eligible to split into installment loans?

N26 Installments is offered for a wide range of purchases between €50 to €500, from various merchants. Choose from purchases across categories like electronics, furniture, plane and train tickets, and fashion—even items bought at your favorite local store.

Check your list of eligible transactions made in the last 4 weeks (starting from July 1, 2021), or look out for notifications for purchases that could be split into installments.

How do I split purchases?

To split a purchase, head to the ‘Explore’ tab and scroll down to the ‘Financial Products’ section. Tap ‘N26 Installments and follow the prompts to select an eligible purchase, and then tap ‘Split a purchase’. Once you confirm the installment loans payment plan, you'll be reimbursed the original cost of your purchase in your main account—minus your first installment amount.

Can I split several purchases?

Yes. You can split several past purchases, as long as the combined transaction amount doesn't exceed the available credit limit of €500.

How and when do installment loans repayments happen?

After confirming your N26 Installments payment plan—including accepting your proposed interest rate of between 7.49% and 11.99%, and choosing if you’d like to repay over 3 to 6 months—you’ll be reimbursed for your purchase cost, minus your first installment amount. This money will go directly into your main account. The remaining payments will then be automatically deducted from your main account on the due date each month.

We’ll also send you a reminder 1 day before your next payment is due, so you can make sure that you have enough funds in your main account for the upcoming payment.

What if I miss a payment?

To help you stay on track, we’ll send you reminders if you’ve missed a payment. We’ll also keep trying to charge the outstanding amount again after your missed payment date. You can always also manually pay back your installment loans by tapping ‘Missed payments’ in the N26 Installments section of your app. You won’t be charged a late fee if you miss a payment, nor will additional interest be charged.

Can I pay my installment loans off early?

Yes, you can pay off your installment loans at any time, at no extra fee. Simply head to the ‘N26 Installments section in your N26 app, select the purchase, and tap on ‘Repay full amount’ to fully pay off the amount.

Why can’t I see this offer in my app?

N26 Installments is currently only available for customers who’ve opened their account in Germany and in the event of a specific amount of transactions within the last few months. If you’re eligible, you’ll find the product under your ‘Explore’ tab in the N26 app. If not, please keep using your N26 account and check again in a few months to see if you’re eligible.

If you find N26 Installments in your app but can't see any purchases to split, your transactions in the 4 weeks might not meet the eligibility criteria to use the feature.