N26 - The mobile bankN26 is an outsourcing service provider for N26 Bank GmbH and also its sole shareholder. N26 operates a mobile banking application for iOs and Android devices as well as an online interface which enables customers of N26 to use the banking services of N26 Bank GmbH.
Product overviewN26 provides a free basic current account and a Debit MasterCard card for their customers. Additionally customers can request overdraft protection, investment products, and premium current accounts. The premium MasterCard product, referred to as N26 Black, is currently available in Austria, France, Germany, Ireland, Italy and Spain.
The account opening process can be completed via a video chat with N26's identity verification partner, IDnow, which according to its website takes about 8 minutes. Only holders of certain passports and ID cards can verify their identity online; others will have to visit a German post office if it is supported by Postident.
AvailabilityN26 accepts customers with residency addresses in all Eurozone countries except Cyprus and Malta, for its basic current account and Debit Mastercard products:
Austria
Belgium
Estonia
Finland
France
Germany
Greece
Ireland
Italy
Latvia
Lithuania
Luxembourg
Netherlands
Portugal
Slovakia
Slovenia
Spain
In Germany, Austria and the Netherlands customers can additionally request a Maestro card.
Some parts of the website and customer service are provided in English, German, French, Italian and Spanish regardless of the customer's residency. As a result, it is one of the few German banks that offer their interface in other languages for non-German speakers living in Germany.
More information about N26 you can find here:
https://n26.com/en-eu/As an N26 Ambassador I will provide via the Ambassador Program a promotional code which gives each user who redeems it a starting balance of 10€ on their N26 Bank Account. A "Qualified Action" means an individual person who (i) completes sign-up redeeming the Ambassador’s code, (ii) is not a computer generated user, such as a robot, spider, computer script or other automated, artificial or fraudulent method to appear like an individual, real live person, (iii) is not using pre-populated fields (iv) completes all of the information required for such action within the time period allowed by N26 GmbH, (v) is not later determined by N26 GmbH to be fraudulent, incomplete, unqualified or a duplicate, (vi) deposits a minimum amount of EUR 0,01 on their account within 90 days after opening the account.
FeesN26 charges no fees for basic banking transactions, but has introduced a Fair Use policy for most countries. This limits free ATM withdrawals to 3 or 5 per month depending on country and profile, after which, there is a 2 euro fee. For its German customers N26 offers CASH26, an alternative method of withdrawing cash for free up to 999 euro per day at various retail locations. With CASH26 cash can be deposited on a credit card up to 100 euro per month without fees, and additional amounts at a 1.5% fee. As with all other fintech banks, customers can lock and unlock their MasterCard through the app without having to contact N26 support. They can similarly enable and disable it for usage abroad or online usage, or modify the daily limits for cash withdrawals and card payments.
The N26 app can scan the users' contacts in their smartphone and identify other N26 account holders. Using a service called Moneybeam a N26 customer can send funds to these contacts without having to fill in their IBAN. Moneybeam transfers are executed instantaneously.
AwardsN26 won the European FinTech Award 2017 & 2016
Promotional Code Each user who wants to open a N26 account should be resident in a Eurozone country. If so, he/she can contact me via pm (not personal details needed of course) in order to provide him a promotional code (1 code/person).Of course this topic can be used to answer your questions as well. Feel free to post your questions and be patient as I will answer them as soon as possible.
