#BankingWithBenefits: Break Up with Complicated Bank Fees with N26

No matter what anyone says, confusing bank fees don’t need to be a part of your life.

4 min read

In banking, much like in relationships, clear communication and mutual understanding is key. When it comes to your money, you should never go about your day scared of checking your bank account out of fear that a surprise fee or an unexpected charge might come out of nowhere. Yet as long as many of us can remember, we’ve grown used to accepting confusing banking jargon, hidden fees, and unpleasant surprises as a necessary part of having a bank account. Here’s how we can help you break up with fees for good.

If you prefer a long-distance arrangement...

Anyone with wanderlust, or a deep desire to experience the world first-hand, knows travel isn’t all beach-side sunsets and picturesque waterfalls. Every trip comes with new challenges and logistics to work out: where to stay, how to manage your time, how to navigate a foreign language. While distance can add stress to relationships, navigating the world with your bank shouldn’t.

With N26 you won’t have to worry about unexpected foreign transaction fees when you shop with your debit card abroad. That means if you can pay for that sweater you fell in love with, or a coffee at a corner café without having to worry about unexpected surcharges.

To top it off, we’ll send you instant notifications on all account activity in dollars, so you can keep track of how much you're spending without having to perform mental acrobatics. 

If your favorite date spot is cash-only...

From your neighborhood hole-in-the-wall ramen shop, to that intimate wine bar, to the weekend farmer’s market, there are still plenty of moments you might find yourself in need of cash. Even in our increasingly digital world, having a twenty in your pocket comes in handy from time to time, and we don’t think you should have to pay extra if you ever need an ATM. With N26 you can wave goodbye to cash anxiety. Just open the N26 app and you’ll be able to find the closest of over 50,000 fee-free ATMs near you.

Need something closer? No need to worry. We’ll refund out-of-network fees for two out-of-network transactions each month, so you can get cash without having to abandon your date. 

If you like taking things slow...

Are you someone who likes to dip their toes in slowly when trying something new? We totally get it. Starting a relationship with a new bank can be a lot, and confusing hidden minimum balance fees can keep you from breaking up with your bank (even if it’s a dysfunctional relationship that’s long overdue).

Minimum balance fees and maintenance charges often kick in when you don’t keep a certain amount of money in your account, and are often justified as the “cost of doing business.” N26 charges no minimum balance fees, so you can get started with as little money as you feel comfortable with. Adding money to your account is easy, so any time you're ready to take things one step further, you’ll be able to do it in a way that’s convenient for you.

If you like to live life to the fullest...

If you’re someone that enjoys experiencing life to its fullest potential, you might find that from time to time your bank account can’t keep up with your lifestyle. This might be especially true when you’re starting to manage your money, and not knowing when insufficient funds fees might kick in can be anxiety inducing. At N26, we believe that you shouldn’t have to pay extra when you accidentally overdraw your account. If you don’t have enough money in your account to cover a purchase, we’ll simply decline the transaction, so you don’t have to pay extra when you’re waiting for your paycheck. 

Bank better with N26

Finally, a 100% mobile bank account with no hidden fees. Plus free ATM withdrawals, cashback offers, and more.
Get started (new tab)
Open an N26 account from your phone in 5 minutes.

We want 2021 to be your best year yet, and what better way to kickstart your journey to financial wellness than a giveaway? We’re giving away $500, and for a chance to win, all you have to do is follow a few simple steps. 

Tell us your story. We want to know how N26 has helped your relationship with banking. Whether you’ve successfully stashed money away with Spaces or you’ve been able to cover an unexpected expense by getting your paycheck 2 days early¹, we want to know how we’ve helped you bank better.

For your chance to win $500¹ , simply: 

  1. Follow us on social media — FacebookInstagram, or Twitter will do.

  2. Leave us a comment using the hashtag #BankingWithBenefits that explains how N26 has helped improve your relationship with banking and money management. 

  3. Tag a friend in your comment and make sure you both follow us.

¹ Giveaway Conditions: Up to three entries allowed limited to one entry per tag on Facebook, Instagram, or Twitter. To enter, follow N26 on Facebook, Instagram, or Twitter, leave N26 a comment using the hashtag #BankingWithBenefits describing how N26 has helped improve your relationship with banking and money management, and tag an eligible friend. No purchase necessary. Open to legal residents of the 50 U.S. / D.C., age 18+, do not need to be an N26 customer. Void where prohibited. Employees of N26 Inc., Axos Bank, their respective affiliates, and the immediate family members of, and/or those living in the same household of each, are not eligible to enter. Giveaway will be closed 03/28/2021 at 11:59 p.m. EST. One winner will be randomly selected and announced 03/29/2021 at 2 p.m. EST, the winner and tagged friend must be following @N26US on one or more of the following social media platforms -- Facebook, Instagram, or Twitter -- and will be messaged directly over the social media platform used to enter. Winner will have 10 business days to respond with a valid email address, otherwise they will forfeit their prize and another winner will be chosen at random from submissions. N26 will have 14 business days to fulfill the prize after a valid winner has been selected and has provided an email address. Prize will be delivered to winners via email from GiftCards.com. Giveaway is not affiliated with Facebook, Instagram, Twitter, GiftCards.com, Visa, or Axos Bank. By entering, you consent to N26’s use of your social media posts made in connection with giveaway entries, in perpetuity, in any and all media now known or hereafter developed (including, without limitation, print, broadcast and Internet), for all legitimate business purposes including advertising and promotional activities without additional compensation, unless prohibited by law. Gift cards are considered miscellaneous income, and maybe reportable to you and the IRS on Form 1099-MISC.

The N26 account is offered by Axos Bank®, Member FDIC. N26 Inc. is a service provider of Axos Bank. All deposit accounts of the same ownership and/or vesting held at Axos Bank are combined and insured under the same FDIC Certificate 35546. All deposit accounts through Axos Bank brands are not separately insured by the FDIC from other deposit accounts held with the same ownership and/or vesting at Axos Bank. The N26 Visa® Debit Card is issued by Axos Bank pursuant to a license by Visa U.S.A. Inc. The N26 Visa Debit Card may be used everywhere Visa debit cards are accepted

N26 does not manage external links, and is not responsible for the content, links, products or services of these websites. Further, N26's privacy and security policies do not apply to external linked websites. Please consult the disclosures of any external linked websites for further information.

By N26

Mobile banking the world loves

Related posts

Maybe some of these will interest you