Risk Indicator corresponding to the bank accounts N26 Standard, N26 Smart, N26 You and N26 Metal

1/6

This number is indicative of the risk of the product, being 1/6 indicative of lower risk and 6/6 of higher risk.

Entity attached to the German Deposit Guarantee Fund. The fund guarantees deposits on money up to 100,000 euros per owner of the European Union and entity.

Bizum is here!

No, you’re not dreaming: we finally have Bizum at N26! Few things have made us as excited as announcing that Bizum is now available on N26 accounts with Spanish IBAN. Update to the latest version of the N26 app and find out how you can link it to your account to start sending and receiving money right away!

How does Bizum work?

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 money

Payback in the blink of an eye. You only need to have the recipient's phone number!

Receive money

Request the money you’re owed and receive it instantly. No debts will remain unpaid: not even a beer!

Secure shopping with Bizum

Pay quickly, conveniently and securely on e-commerce sites with Bizum.

100% free

Best of all, using Bizum is completely free of charge. Forget about bank transfers and fees with N26 and Bizum!

N26 Standard: free, no commissions, and now with Bizum

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 3 free cash withdrawals per month. Receive notifications after every transaction on your account and control your money wherever you are—no headaches.

Get N26 Free account

What is Bizum?

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.

Compare N26 accounts

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

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.

How much does it cost to make a transfer through Bizum?

Sending, receiving and requesting money through Bizum is completely free.

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.

Does it cost anything to send or receive money through Bizum?

Bizum is completely free, so you will not be charged for sending or receiving money.

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.

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.