N26: My honest opinion after 6 years of use
In this article, I share my experience as a customer of N26 for over six years. This online bank has established itself as a reference for those seeking simplified management of their finances, whether it be financial independence or an economical and practical way to manage their expenses. Here is a detailed overview of its advantages, disadvantages, and how to open an account.
Why choose N26?
1. Transparency and low fees :
N26 is known for its low fees and the absence of hidden costs. You can manage your finances without any unpleasant surprises, unlike some physical or online banks.
2. Accessibility without income conditions:
No minimum salary is required to open an account. A form of identification is enough to get started, a simplified process compared to other banks.
3. Responsive customer service:
The customer support of N26 is accessible directly through the app, with quick responses when needed. My issues have always been resolved within the day.
4. Ideal for travellers and investors :
- International payments with no fees: Paying worldwide without additional charges is a major advantage for frequent travellers.
- Crypto-friendly : Contrairement à d'autres banques, N26 accepte sans problème les transactions vers des plateformes comme Binance ou Kraken.
5. Intuitive and flexible application:
The application N26 allows for advanced personalisation to track your budgets, manage your personal finances, or even receive real-time notifications about your spending.
How to open an account with N26?
- Download the N26 app (available on Android and iOS).
- Gather your documents: An identity document (card or passport) will be sufficient.
- Follow the registration process: Fill in your information, upload your identification, and wait for verification.
- Receive your card: Once your account is validated, you can start using your virtual card immediately. The physical card will be delivered within a few days.
The different offers from N26
- N26 Standard (Free) :
- Virtual card
- Contactless payments
- Simplified management via the app
- N26 Smart (€4.90/month) :
- Advanced features for financial management
- More options for customising the application
- N26 You (€9.90/month) :
- Free withdrawals in foreign currencies
- Travel insurance included
- N26 Metal (€16.90/month) :
- Cashback on certain expenses
- Metal card
- Savings yield up to 3%
Key advantages of N26
- Cashback: Available on business accounts, it allows you to recover a portion of the expenses incurred.
- Flexible ceilings: Adjustable up to €20,000 per month.
- Quick opposition: Block your card instantly in case of loss.
- Limited fee-free withdrawals: Particularly useful for travel abroad.
The disadvantages of N26
- Limit on free withdrawals: The number of free withdrawals at ATMs is limited according to the chosen offer.
- Unauthorised overdraft: No overdraft allowed, which can be a constraint for some users.
- Limited instant transfers: They are free only between N26 accounts.
My final opinion: a bank focused on the future
N26 offers a modern solution tailored for travellers, freelancers, and technology enthusiasts. Its intuitive features and competitive fees make it an ideal bank for those looking to simplify the management of their finances. Although some drawbacks exist, the advantages far outweigh these points, especially for those seeking a flexible and cost-effective alternative.
So, if you are looking for a bank that adapts to your digital lifestyle, N26 deserves a place at the top of your list.
Ready to take the plunge? Download the application and open an account today to join the millions of satisfied users!
N26: My honest opinion after 6 years of use