The clever business bank account for freelancers

N26 Business Smart is a premium business bank account for freelancers and the self-employed. Along with a colorful N26 Mastercard debit card, N26 Business Smart customers can also benefit from intelligent banking features that make managing business finances easy.

Insights automatically sorts all transactions into categories such as ‘Business expenses’ or ‘Education’ and organizes them in a clear overview, for easier budget tracking and invoicing. With 10 Spaces sub-accounts, freelancers and the self-employed can make room for all their business expenses, upcoming tax payments, savings goals, and more. Furthermore, N26 Business Smart customers can enjoy 5 free ATM withdrawals per month in Germany, alongside fee-free payments in foreign currencies, and unlimited free ATM withdrawals within the Eurozone outside of Germany. For full details and availability,see our T&Cs.

N26 Business Smart is a business bank account specifically designed for freelancers and the self-employed. As a result, you must open your N26 Business Smart bank account using your first and last name. A business bank account can help separate personal finances from business expenses, which may allow for easier bookkeeping in the long run. With N26 Business Smart, you’ll be able to keep business banking flexible as you can access your business bank account from anywhere, at any time.

To open your N26 Business Smart account, you must meet our eligibility criteria. If you do, you can open your account in just a few minutes using your smartphone or the N26 WebApp on desktop. Opening your bank account doesn’t require any paperwork. You can start using your account right away once we have verified your identity.

You can find more information on how to open an N26 Business Smart account at our Support Center.

Yes, you must use your first and last name in order to open an N26 Business Smart bank account. The N26 Business Smart bank account was designed for freelancers and the self-employed who offer their services in their own name—that means the name of your business will not be shown in your bank account or on your Mastercard.

With N26 Business Smart, you’ll earn 0.1% cashback on all your Mastercard purchases. Your cashback will be automatically calculated and deposited into your N26 Business Smart bank account on a monthly basis—you don’t need to do a thing.

No. It currently isn’t possible to have two N26 bank accounts with the same name. If you have a personal N26 account and want to open an N26 Business Smart bank account, you will first need to close your personal N26 bank account. You may then sign up for an N26 Business Smart bank account.

N26 Spaces are sub-accounts that sit alongside your main account, and are a practical way to organize your business finances. As a premium customer, create up to 10 Spaces sub-accounts with IBANs in your N26 app, then easily set money aside for your taxes, future projects, savings goals, and more. Each space can have its own unique IBAN, which you can use to pay your business expenses via direct debit, or to get paid via SEPA transfers directly into a sub-account. Of course, you don’t have to add an IBAN to your space if you don’t need one—the choice is yours.

Working with a team? Simply open a Shared Space, and manage your business funds together with up to 10 other N26 customers. Please note that an IBAN can’t be added to a Shared Space for now—but stay tuned for more exciting updates to come! Learn more about N26 Spaces and all its features here.

Since N26 Business Smart is a business bank account, you’re expected to use it mainly for business-related purposes. You may, however, still use it for personal spending, as long as these do not make up the majority of your transactions. You may also use your account to receive your income from clients, or for business-related spending, such as paying the rent or on business trips.

In a nutshell: unfortunately not. Our business accounts are exclusively for freelancers and self-employed people who work under their own name. Therefore, company types or names can’t be listed on our accounts or on N26 cards.

The N26 Business Smart account is the ideal online business account if you’re a freelancer or self-employed. If you’re the sole proprietor of your business and are working under your own name, there’s nothing to stop you from opening an account. Please note, however, that you can’t open a bank account under your company’s name.

This depends on whether you are working under your own name or your company’s name. If you’re looking for a business account and you run your business under your own name, our N26 online business account is just right for you. At the moment, it’s not possible to open a business account under a company name.

If you want to switch your business account and N26 is your new bank of choice, you’re welcome to use our free account switching service. Switch your business account in just a few steps by going to our account switching service page and typing in the name of your current bank. Then, automatically transfer standing orders, incoming payments, and direct debits to your new N26 business account.