N26 Shared Spaces—manage money together
Open a premium bank account, and discover Shared Spaces sub-accounts—an easier way to save, put aside funds and share expenses with family and friends.
Easily save and budget with others
Whether you’re managing household bills, or saving for that dream vacation—ditch the hassle of opening a joint bank account, and discover Shared Spaces! In just a few taps, invite up to 10 people to your shared sub-accounts and start easily organizing money with partners, family, and friends.
Save your way with Rules and Round-Ups
Customize how you save. Schedule transfers between your main account and your spaces with Rules—just set the amount and frequency, and we’ll take care of the rest. Thanks to Round-Ups, you can also round-up your card purchases to the nearest euro, and stash the difference in a chosen space.Explore sub-accounts
Create up to 10 shared sub-accounts in seconds
Premium customer? It’s easy to get started with Shared Spaces. Head to the Spaces area of your app, create a new space or open an existing one, and tap Add participants. Then, simply invite family and friends with an N26 account to join.
Shared banking with people you trust
Only premium customers can manage money with Shared Spaces. If you’re creating a shared sub-account, just be sure to invite those you know and trust—you’ll be giving them Power of Attorney and full access to the funds within your shared space.
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What is Shared Spaces?
Shared Spaces are sub-accounts that sit within N26 Spaces, accessible via the N26 app and WebApp.
As a premium customer, you can create a sub-account and share it with up to 10 other N26 users. Invite your partner, friends, roommates and family as participants to save and spend together from the same sub-account. Each person can then easily transfer money between the shared space and their own N26 account, and even keep track of all transaction activities just by viewing the space details.
Who owns the money in Shared Spaces?
In order for multiple users to have full access to the same sub-account and the money within it, Shared Spaces uses a Power of Attorney legal model. This means that the premium account holder that originally created the shared space is the sole owner of the space. They grant Power of Attorney to the other participants, giving them permission to transfer money in and out.
Will the money in a shared space be calculated in my average annual balance?
Unlike a traditional joint bank account, the only legal owner of a shared space is the person who originally created the shared sub-account. So, the funds in a shared space will only be calculated in your average annual balance if you are the owner of the shared sub-account. If you were invited to the shared space as a participant, the money in the shared space won’t be calculated in your average annual balance.
Can I create Shared Spaces with a free N26 account?
No, only premium customers can create and participate in a shared space. Once you’ve been granted Power of Attorney and get access, you’ll be able to move money in and out of that sub-account.
How do I open a Shared Space?
If you already have a premium account with N26, you can open your N26 app and go to the Spaces section in the bottom navigation bar. Tap 'Create a new space' then select 'Sharing money', then give your space a name and add up to 10 users with their visibility switched on.
Can you open a Shared Space without the other person being present?
Yes, absolutely! The beauty of Shared Spaces is that it’s all managed through each individual’s N26 account. If you’re a premium customer, create a shared space and invite up to 10 other participants at any time. They’ll receive a notification of your invitation, and once they confirm or decline the invite, N26 will also let you know that this has happened.
How do I remove someone from Shared Spaces?
Since the owner of the shared space grants Power of Attorney to the other participants, they are the only one who can add or remove participants from that space. To do so, head to the shared space, open the space details and you will see its list of participants. Tap on the name of the participant you wish to remove, and confirm.
What do I need to open a Shared Space?
Only N26 premium customers can create and be invited to join a shared space. However, if you’re an N26 Standard customer who opened an account before 16/02/2021, you may also be invited to join and participate in a shared space.
To be invited, make sure you have your visibility switched on—you can do this in your N26 app under My Account > Settings > Personal Settings > Personal Information.
What is the difference between a joint bank account and N26 Shared Spaces?
With a traditional joint account, the two people who open the account do this together, and then have legal equal ownership of it. The difference with Shared Spaces is that the N26 premium user who creates the space is the sole owner of the space. Anyone they invite to join is merely being given Power of Attorney, which allows them to access and/or contribute to the funds within that space.
Shared Spaces is the perfect solution for those looking for a simple, flexible and secure way to manage money together. Whereas joint accounts are often limited to just 2 people, N26 premium customers can create up to 10 Shared Spaces, invite up to 10 participants per space, and remove participants at any time. You can share your space with anyone you know and trust who has an N26 account, such as partners, family, friends, roommates and colleagues. Read more about how it works here.
How can I become visible so that I can participate in a Space?
You can do this directly in your N26 app. Go to the My Account section, open Settings, then tap on Personal Settings. Head to Personal Information and tick the box to confirm that you agree to be identifiable to other N26 users.
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