N26 Instant Savings account
Earn interest on your savings
Looking to make your money work for you? Here’s another reason for you — and your money — to love N26. Grow your savings with 4%* interest p.a. with Metal, 2.26% p.a. with Smart and You, and 1.26% with Standard while still being able to dip into it anytime.
New customers need to wait for their tax ID to be verified. The verification process can take up to five business days, but it usually takes only 24 hours.
Make sure you meet the N26 Instant Savings eligibility requirements — check our FAQs for more information.
What is N26 Instant Savings?
N26 Instant Savings is an easy-access savings account that’s available at no extra cost in the N26 app.Earn interest on all your savings with no deposit limits** and instantly withdraw anytime. Win-win.
Saving just got more rewarding
Grow your money
Earn up to 4%* interest p.a. — calculated daily and paid out monthly to grow your balance automatically.
100% flexibility
No need to lock your money away. Deposit and withdraw any amount in seconds, anytime.
No extra fees
Open your N26 Instant Savings account with just a few taps in the N26 app — at no extra cost.
No deposit limits**
Add as much money as you like and earn interest on your total savings balance. The sky’s the limit**.
N26 accounts — Your money deserves an upgrade
MORE INTEREST
N26 Metal
The premium account with a metal card
€16.90/month
4% interest p.a. on your N26 Instant Savings
15 free trades in stocks and ETFs every month
Up to 8 free domestic ATM withdrawals
Exclusive mobile phone coverage
N26 You
The all-in-one account for banking and travel
€9.90/month
2.26% interest p.a. on your N26 Instant Savings
5 free trades in stocks and ETFs every month
Up to 5 free domestic ATM withdrawals
Flight and luggage delay cover
N26 Smart
The bank account that gives you more control
€4.90/month
N26 Standard
The free account for your everyday banking needs
Virtual Card
€0.00/month
1.26% interest p.a. on your N26 Instant Savings
350+ stocks and ETFs at €0.90 per trade
Up to 3 free domestic ATM withdrawals
Free payments worldwide
Get more with N26 Metal
N26 Metal customers earn 4%* interest p.a. on Instant Savings — our highest interest rate.As our most premium banking experience, N26 Metal also includes discounted crypto fees of just 1% for Bitcoin and 2% for other coins***, 15 free monthly trades in stocks and ETFs, an extensive insurance package, priority customer support, and a unique stainless steel debit card.
Interest Calculator
N26 Instant Savings
Use our interest calculator to understand how your money can grow over time with N26.
Enter your starting balance and a time period:
New balance
€10,400.00
Gross interest
€400.00
To choose the best savings option, consider the conditions of promotional rates — including how long they're valid for. The calculations above show gross amounts before withholding taxes and assume that the daily balance in the savings account remains the same during the whole period. If you keep the paid interest in your N26 Instant Savings account, the total gross interest earned during the whole period will be higher. This is because you'll be earning interest on the interest you've already earned in the previous months.
Start earning interest
Opening your N26 Instant Savings account is easy. Not a customer yet? Sign up to N26 right from your phone.Once you have your N26 account set up, get your tax ID verified. Then, simply head to the ‘Finances’ tab in the N26 app and tap on ‘Instant Savings’ to create your savings account.
Your money is protected
N26 is a fully-licensed German bank. That means the money in your bank accounts — including N26 Instant Savings — is protected up to €100,000 by the German Deposit Guarantee Scheme.
See how N26 is simply secure
Automate? Great!
Growing your money is easier when you automate your savings. With N26 Rules and Goals (available for all customers) or N26 Income Sorter and Round-ups (only available for N26 Smart, You and Metal customers) you can reach your goals faster by automatically moving money between your main account and your savings account. It’s a great ‘hands-off’ way to kickstart your savings.
Automate your savings
*The interest rates vary based on your membership: 4% p.a. for Metal, 2.26% p.a. for You and Smart, and 1.26% p.a. for Standard accounts. Please note that regular rates per membership are subject to change over time.
**The money in your bank accounts — including N26 Instant Savings — is protected up to €100,000 by the German Deposit Guarantee Scheme.
***The N26 Metal crypto fee discounts only apply to trading amounts up to €5,000 (including fees on purchasing and excluding fees on selling crypto) per calendar month. Above this amount, standard fees apply: 1.5% on Bitcoin and 2.5% on all other coins (fees are always rounded up to the nearest full cent — to a maximum of one cent — which may lead to a slight increase of the fee percentage shown in the order preview. Deviations for special coins are possible). The fees and cryptocurrency prices shown on the N26 app for every transaction, including a possible spread, are not determined by N26 but provided by Bitpanda GmbH. N26's liability is expressly excluded for any claim or damage arising from the formation of the prices of the assets offered by Bitpanda.
- My N26 app says Instant Savings is ‘coming soon’. When will it be available?
- Why can’t I find Instant Savings in my N26 app?
- Who's eligible for N26 Instant Savings?
- Can only new customers open an N26 Instant Savings account?
- When and how is my interest paid?
- How is my interest calculated?
- Where can I find N26 Instant Savings in the app?
- Is there a limit on the amount of money I can deposit to my N26 Instant Savings?
- What happens if I make a withdrawal before the end of the month?
- Do I need to pay taxes on my earned interest?
- How is the withholding tax calculated for my N26 Savings account?
- Can N26 Business customers open an Instant Savings account?
- Can I add deposits to my savings account every month?
- What is an easy-access savings account?
- How many savings accounts can I have?
- What is the difference between my savings account and my main account?
- What is the difference between a flexible savings account and a long-term or fixed-term savings account?
- Can I transfer money directly from my Instant Savings account?
- How do I create the tax exemption order?