N26 Instant Savings account
Earn up to 3% interest* on your money
Looking to make your money work for you? Here’s another reason for you — and your money — to love N26. Grow your savings and earn up to 3%* annual gross nominal interest with N26 Metal. Your interest is paid monthly and you can access your funds at any time. N26 Instant Savings is available in France to customers with a personal N26 account with a French IBAN.
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.
Deposits at N26 Instant Savings earn interest at an annual gross nominal rate of 3% with N26 Metal, 1.3% with N26 You, and 1% with N26 Smart and N26 Standard, which may be subject to change at any time by N26. Interest is taxable and subject to social security contributions. Reserved for non-Business customers of N26 Bank AG, Succursale France.
What is N26 Instant Savings?
N26 Instant Savings is an interest-bearing deposit account available at no extra cost for eligible N26 customers with a French IBAN in France.The interest on your savings is paid out every month. There are no deposit limits** and you can access your money anytime. Win-win.
Saving just got more rewarding
Interest paid monthly
Earn up to 3%* 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, anytime, in seconds.
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
3% annual gross interest with Instant Savings
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
1.3% annual gross interest with Instant Savings
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
Le compte bancaire en ligne gratuit pour vos besoins du quotidien
Virtual Card
€0.00/month
1% annual gross interest with Instant Savings
Up to 2 free domestic ATM withdrawals
Free payments worldwide
Get more with N26 Metal
N26 Metal customers earn 3%* annual gross nominal interest rate with Instant Savings — our highest interest rate. Our most premium bank account also includes discounted crypto fees, 15 free monthly trades in stocks and ETFs, an extensive insurance package, priority customer support, and a stylish stainless steel debit card.
Discover N26 Metal
Interest Calculator
N26 Instant Savings
Use our interest calculator to see how your money can grow over time with N26.
Enter a balance, your plan’s interest rate, and a time period:
New balance
€10,300.00
Gross interest
€300.00
The calculations above show gross amounts before taxes and social security contributions, 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.
The values shown here are for information purposes only. They do not constitute investment advice.
Start earning interest
Opening N26 Instant Savings is easy. Not a customer yet? Sign up to N26 right from your phone.Once you have your N26 bank account set up, simply head to the ‘Finances’ tab in the N26 app and tap on ‘Instant Savings’ to create your interest-bearing deposit account.
Open Bank Account
Your money is protected
N26 is a fully-licensed 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 even easier when you automate your savings. With N26 Rules and Goals (available for all customers) or N26 Income Sorter and Round-ups (available for N26 Smart, You, and Metal customers) you can reach your goals faster by automatically moving money between your main account and your interest-bearing deposit account. It’s a great, hands-off way to kickstart your savings.
*Deposits into N26 Instant Savings account earn interest at an annual gross nominal rate of 3% with N26 Metal, 1.3% with N26 You, and 1% with N26 Smart and N26 Standard (as of 1.8.2024). These may be subject to change at any time by N26. Interest is taxable and subject to social security contributions. Reserved for non-Business customers of N26 Bank AG, Succursale France.
** The money in your bank accounts — including N26 Instant Savings — is protected up to €100,000 by the German Deposit Guarantee Scheme.
Service offered by N26 Bank AG, Succursale France, 17-21 rue Saint Fiacre, 75002 Paris, France, registered in the Paris Trade and Companies Register under No. 840 460 943 - French branch of N26 Bank AG.
Make sure you meet the N26 Instant Savings eligibility requirements — check our FAQs for more information.
Frequently Asked Questions
- Standard customers: 1 %
- Smart customers: 1 %
- You customers: 1.3 %
- Metal customers: 3 %
Whether you have a free N26 account or a premium one, you can find Instant Savings in the Finances tab of your N26 app. If you’re an eligible N26 customer but can’t see the Instant Savings option, please make sure that you have the latest version of the app.
If you don't see Instant Savings in your "Finances" tab, you might not meet some of the eligibility criteria.
We're working hard to make sure all eligible customers can use Instant Savings as soon as possible. Make sure you have the latest version of the N26 app.
N26 Instant Savings is available to all eligible customers — new and existing : to create an interest-bearing deposit account, customers need to have a personal N26 bank account associated with a French IBAN and French T&Cs, with a legal address in France.
At the moment, only customers with a personal N26 bank account are eligible to open an Instant Savings account.
No. First, you’ll need to open an N26 bank account and select your membership — Standard, Smart, You, or Metal. Then you may open a second separate N26 Instant Savings account right in your N26 app (depending on your eligibility). The interest rate earned on the funds held in this separate savings account will vary based on your chosen membership.
No, the interest-bearing deposit account is available to all eligible customers — new and existing.
Your interest rate depends on your N26 membership tier:
Your interest is calculated daily based on your membership and balance, and paid out monthly. For example, if you're a Metal customer with a balance of 10 000 €, you’ll earn 24.66 € (10 000 €x3%x30/365) at the end of the first month. Interest is taxable and subject to social security contributions and N26 will automatically deduct the corresponding amounts. As your savings balance grows, so will the amount you get each month.
The interest you earn is paid out automatically into your interest-bearing deposit account on the first day of the following month. You’ll see separate transactions: the deposit of the gross interest into your account and the deduction of the taxes that are withheld from the interest you earned.
Yes, N26 may change your interest rate. If we change your interest rate, we’ll send you a notification about the change and it will take effect immediately.
Your interest rate will change automatically. For example, if you upgrade from N26 You to Metal the gross annuel interest rate will increase from 1.3% to 3% on the very same day. If you downgrade from You to Smart, your interest rate will decrease from 1.3% to 1%.
Yes. Deposits held at N26 are protected up to 100.000€ by the German Deposit Protection Scheme. The Deposit Protection Scheme guarantees the sum of all amounts deposited at N26 up to 100,000 Euros. This includes all deposits held with N26 across various accounts (main deposit account, interest-bearing account, etc.).
If you move, make sure you update your address in the N26 app as soon as possible to continue to receive all the relevant communications regarding your interest-bearing deposit account. Simply go to the Home screen, select your Profile in the top-right corner, and then select Personal details.
In France, income from financial investments is subject to taxation. This includes the interest you earn on your interest-bearing deposit account. N26 will automatically withhold this tax on any interest you earn on your interest-bearing deposit account and pay it to the French tax authorities for you.
No, you'll need to move money from your interest-bearing deposit account to your main account first.
With N26 Instant Savings, there are no deposit limits and no penalties for withdrawals — you're free to save at your own pace.
You may deposit as much money as you like into your savings account: you’ll earn interest on the total balance of your Instant Savings account. **
An interest-bearing deposit account is a flexible account that allows you to earn interest on your deposits, with no commitment and no fixed-term length of deposit. This means you can deposit and withdraw money at any time without having to pay a penalty for early withdrawals.
With a fixed-term savings account, you have to lock your money away for a certain period of time — usually, at least one year. If you decide to withdraw money from a fixed-term savings account during this period, you won’t get the earned interest and may have to pay a fee, depending on the T&Cs.
At N26, each customer can have one Instant Savings account.
Your main account is a checking account used for everyday transactions and payments, but the money in it doesn't earn interest. Your N26 Instant Savings account allows you to earn interest on the money you deposit into it, but it can't be used for everyday payments or be linked to a card.
In order to be eligible for Instant Savings, you need to have a French IBAN, and French T&Cs. If your N26 account is associated with a German IBAN, you will need to perform the switch and get a French IBAN first when you are invited to do so. The process is easy and fast, all in your N26 app, under the section “My account”.