Save with more interest with Bizum

Open a free N26 account and link your Bizum to N26 to get 2.79%* AER on your savings. Save flexibly and dip into your savings whenever you like.Open a bank account
A digital N26 card with a Mastercard logo is displayed above the text "2.79% AER*" on a green background.
Risk indicator for all N26 accounts.
1
/6
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.

Boost your savings

Open an account

Valid for new customers who open an N26 account from March 12 onwards.

Activate your rate

Link your Bizum to N26 and open an Instant Savings account.

Save at 2.79%* AER

Get 2.79%* AER on your savings deposits up to €50,000 starting from April 1.

*The 2.79% AER (2.75% annual NIR) offer is only available to new customers who open an N26 account from 12/03/2025 onward and have Bizum linked to their account. The rate applies to deposits up to €50,000 in your N26 Instant Savings account. If a daily balance of €50,000 is maintained in Instant Savings for 12 months, the total gross interest will be €1,395. Monthly interest settlement. No fees apply to Instant Savings. T&Cs apply. Without linking Bizum to N26, the regular interest rates for Instant Savings accounts depend on the membership plan. Currently, interest rates are 2.05% AER (2.25% NIR) with N26 Metal and 1.25% AER (1.25% NIR) with N26 You, Smart, and Standard. **

Grow your money

Earn interest on your savings — calculated daily and paid out monthly.
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100% flexible

No need to lock your money away. Deposit and withdraw any amount, whenever you want.
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Your money is protected

The money in your bank accounts — including N26 Instant Savings — is protected up to €100,000 by the German Deposit Guarantee Scheme.
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Switch banks in minutes

Open your N26 account and move your recurring payments in just a few taps.
Open a bank account

To benefit from this offer, you’ll need to open an N26 bank account. After that, you may open a separate N26 Instant Savings account to earn interest alongside everyday banking. N26 Bank SE, Sucursal en España with NIF W2765098E, is a permanent establishment in Spain of the German entity N26 Bank SE, registered at the Bank of Spain with entity number 1563 and head office at Paseo de la Castellana 43, 28046, Madrid. N26 Instant Savings account from 0 euros and without limit of amount. See conditions at https://n26.com. **Information on Instant Savings applicable to customers who joined before 12/03/2025 and new customers without Bizum linked to N26. Interest is settled monthly and applies to any amount deposited in the Instant Savings account, with no maximum limit. Under the current 2.05% AER (2.25% annual NIR) with N26 Metal, maintaining a daily balance of €100,000 in an N26 Metal Instant Savings account for 12 months would generate €2,047.20 in gross interest. With 1.25% AER (1.25% annual NIR) with N26 Standard, Smart and You, maintaining a daily balance of €15,000 for 12 months would generate €187.50 in gross interest. After 13/03/2025, the regular Instant Savings interest rates for these customers will change. From 14/03/2025 to 22/04/2025, rates will be 1.8% AER (2.0% NIR) with N26 Metal and 1% AER (1% NIR) with N26 You, Smart and Standard plans. From 23/04/2025 onwards, rates will adjust to 1.55% AER (1.75% NIR) with N26 Metal and 0.75% AER (0.75% NIR) with N26 You, Smart, and Standard.

FAQ

    Eligible customers must have a personal or business N26 bank account with a Spanish IBAN, have a registered local tax identification number, and be a resident of Spain. Additionally, if you have renewed your identity document after opening your N26 account, you will need to contact us by chat in the N26 app to update your information. Please note that other security-related eligibility criteria may apply.

    Link your Bizum to your N26 account and open an Instant Savings account. Starting from April 1, you'll earn 2.79% APR on deposits up to €50,000. To continue enjoying this interest, you just need to keep your Bizum linked. For any balance over €50,000, your N26 plan's standard interest rate will apply. The offer is only valid for new customers who open an N26 account from March 12 onwards.

    The interest you earn on your savings is automatically calculated based on the interest rate displayed in the app and paid out to your Instant Savings ccount on the first day of the following month.

    Yes, N26 may change the interest rate anytime based on market fluctuation. If an increase is pending, we’ll send you a notification, after which the new rate will take effect immediately. If rates are being lowered, we’ll let you know with two months' notice.

    N26 Instant Savings is a fully flexible easy-access savings account, so there are no penalties for withdrawing a part — or all — of your deposit before the end of the month. You won’t lose any interest that was already paid out, nor will you lose any interest that’s already been calculated for the previous days of the current month.Your interest is calculated every day according to the current balance of your Instant Savings account — so once you make a withdrawal, you will simply earn less interest than before, because your savings account balance will be lower.

    Simply defined, AER and annual NIR are measures of the interest rate you’ll earn on your savings in a year. NIR (Nominal Interest Rate) is the fixed percentage you’ll earn as agreed upon with your bank. AER (Annual Equivalent Rate), on the other hand, is the actual interest rate with compounding effect, including any bank fees and extra costs.As Instant Savings is offered to N26 customers at no extra cost, the AER is the same as the annual NIR. In Spanish terms and conditions, AER and annual NIR are often called TAE (Tasa Anual Equivalente) and TIN (Tipo de Interés Nominal) respectively.

    Yes, the interest you earn in your N26 Instant Savings account is taxable by the Spanish government. But no stress — we’ll automatically withhold and transfer this tax percentage to the authorities on your behalf every month, when you receive your earned interest. However, you might need to pay additional taxes if the withholding applied is lower than your applicable income tax rate.

    We need your Spanish tax ID because when you earn interest on your savings, we're required to withhold and pay your taxes to the local tax authorities. Your Spanish tax ID number is your DNI (Documento Nacional de Identidad) if you’re Spanish, or your NIE (Número de Identidad de Extranjero) if you’re a foreign resident in Spain.

    At the moment, only customers with a Spanish IBAN are eligible to open an Instant Savings account.

    Yes, both customers with a personal and business N26 bank account are eligible to open an Instant Savings account, whatever tier subscription they have.

    In Spain, the risk level of investment products is measured on a numerical scale from one to six. This means that the products marked as 1/6 are considered the safest, and those with 6/6 carry the most risk. As N26 is a member of the Deposit Guarantee Fund for Credit Institutions in Spain, all funds deposited into your N26 bank account — including Instant Savings — are always protected up to €100,000.

    To start using Bizum, open your N26 app, go to Send money and link your Bizum to your account by following a few easy steps. If you already have it linked to another bank, you can transfer it to N26, quickly and easily, without having to communicate with your old bank.