This number is indicative of the risk of the product, 1/6 being indicative of lower risk and 6/6 of higher risk.
N26 is a member of the German Deposit Guarantee Fund. The fund guarantees deposits up to 100,000 euros per account holder and entity.
Use Bizum with N26
Easy to activate, easy to use, and totally free! Bizum is available to all N26 customers who have an account with a Spanish IBAN. Shop online securely, and send and receive money instantly — even between customers of different banks. All you need to get started is your N26 account and your phone number.
Learning how to use Bizum is a piece of cake. All you have to do is enter your N26 app and link it to your account if you already have it with another bank, or sign up if you are not yet a user. Then, go to the Home screen and click on ‘Send money’ or ‘Receive money’, depending on what you want to do; enter your friend’s phone number and the amount. The money you send will arrive instantly, and the requested money will enter your account as soon as the notification is accepted.
Your daily spending in just one app
Send and receive money
Payback in the blink of an eye. You only need to have the recipient's phone number, neither to request the money you’re owed and receive it instantly.
100% free
Best of all, using Bizum is completely free of charge. Forget about bank transfers and fees with N26 and Bizum!
Pay for your shopping and subscriptions, too
Pay quickly, conveniently, and securely on e-commerce sites with Bizum. And did you know that you can also use it for your subscriptions? Well, now you do!
Do your bit
You can also donate to different NGOs and non-profit organizations thanks to N26 and Bizum, so there’s no need for bank transfers!
Secure online payments – all in one place
Select Bizum as your payment method at checkout to make online payments faster and more securely. You can even pay for and manage subscriptions with Bizum and N26. Set up a subscription on the merchant’s site via Bizum, authorise the payment, and it will appear under 'Bizum Subscriptions' in your N26 app.
N26 Standard: free, no commissions, Bizum included
If you thought that 100% free and commission-free bank accounts didn’t exist anymore, that's because you haven't heard of N26 Standard yet. Get a free virtual Mastercard and enjoy three free cash withdrawals per month. Receive notifications after every transaction on your account and control your money wherever you are — no headaches.
Bizum is a payment platform integrated into the N26 app that connects your phone number with your bank account. It allows you to send and receive money instantly between customers of different banks, using only the recipient's phone number. With Bizum you can also request money from someone, i.e. send notifications so they pay you what they owe immediately.
Check out the different N26 accounts
There’s an N26 account for everyone, and more than 8 million customers have already found their perfect match. Discover all the advantages of a 100% mobile, transparent bank with no hidden fees that fits your needs and lifestyle.
Find out what documents you need to open your N26 account
We aren’t huge fans of paperwork — or of making you waste your time looking for the information you need. To make it easier for you, we explain here in detail what identity documents you need to open your N26 bank account, depending on your nationality.
Standard TIN 0 % y TAE 0 %.Smart TIN 0%, APR: -1.17% for a scenario in which a daily balance of €5,000 is maintained consistently for 1 year, applying an annual nominal interest rate of 0% and the monthly cost of the account of €4,90/month. The settlement of the account is made monthly.You TIN 0%, APR: -2.35% for a scenario in which a daily balance of €5,000 is maintained consistently for 1 year, applying an annual nominal interest rate of 0% and the monthly cost of the account of €9,90/month. The settlement of the account is made monthly.Metal TIN 0%, APR: -3.98% for a scenario in which a daily balance of €5,000 is maintained consistently for 1 year, applying an annual nominal interest rate of 0% and the monthly cost of the account of €16,90/month. The settlement of the account is made monthly.
FAQs
Can I link Bizum to my N26 bank account and a different bank account at the same time?
Currently Bizum can be linked to only one bank account, and doesn’t seem to be willing to open up the relationship (at least for now). Therefore, you can only have Bizum linked to a single bank account.
Which banks operate with Bizum?
In addition to N26, Bizum is also available with the vast majority of banks in Spain. You can find them all here.
What requirements must I meet to use Bizum?
In order to use Bizum you must have a cell phone number, and a bank account with a Spanish IBAN at one of the banks that currently offer Bizum.
How long does it take to get the money to the recipient's account with Bizum?
Bizum’s service is immediate, which means that the money arrives in fewer than 5 seconds to the destination account.
Can I use Bizum with any type of cell phone?
Bizum is compatible with any type of iPhone and with phones that have Android version 5.0 or higher.
If I already use Bizum with another bank, how can I link it to N26?
If you open your N26 app and click on ‘Send money’, you can activate Bizum by following the portability steps without having to go to your other bank.
How much money can I send through Bizum?
Bizum's limits are as follows:
You can make a maximum of 60 money transfers per month
The amount of each Bizum transfer cannot exceed €500 or be less than €0.50
You can send or receive up to a maximum of €2,000 per day
You can send a maximum of €5,000 and receive a maximum of €60,000 per month
Can I cancel a transaction that I have carried out through Bizum?
If the transfer has already been carried out and the money has reached its destination, it is not possible to cancel it.
How can I unlink Bizum from my N26 account?
In your profile within the N26 app you can carry out any procedure relating to Bizum, including unsubscribing from the service.
What should I do if I change my cell phone number?
You will have to verify your new phone number and register again in Bizum, as well as make sure that your contacts have saved your number.
Can I use Bizum on N26 if I am under 18?
No. N26 only offers accounts for people over the age of 18.
How can I pay online with Bizum?
Paying with Bizum in online stores is easy. Simply select Bizum as your payment method, enter your data, and validate the purchase via your N26 app. Then, return to the merchant's website to complete your purchase.
Which businesses accept Bizum payments?
You can pay with Bizum in more than 14,000 online stores—just visit the Bizum website to find a detailed list of all the merchants that accept it. In general, though, if you see the Bizum button on a store’s payment page, this means that Bizum payments are accepted.
Are Bizum payments safe?
Paying online with Bizum offers the maximum security guarantees in accordance with the standards regulated by the European Union and Spanish legislation.
How do I return a product that I’ve paid for with Bizum?
When it comes to returned items, the refund process varies from business to business. Therefore, if you have questions about your refund, it’s best to reach out to the merchant you purchased from directly.
Is paying with Bizum in online stores free?
Paying with Bizum in online shops is completely free for customers, and does not incur any commission costs.