Correction: N26 has not changed their ATM policy

Earlier this week I posted that N26 has changed their ATM Fair Use Policy. Irish customers get 5 free euro ATM withdrawals per month with each additional euro ATM withdrawal costing €2. ATM withdrawals in foreign currencies incur a 1.7% fee. This fee is waived for N26 Black customers which means if you have a N26 black account you are limited to 5 free euro ATM withdrawals but had unlimited free ATM withdrawals in foreign currencies each month. This is a feature I have used a lot. In nearly a year of being a N26 Black customer I’ve completed 2 or 3 euro ATM withdrawals but probably close to 50 foreign withdrawals.

When I was last travelling two weeks ago, a notification appeared on my N26 app saying the ATM fair use policy starts today. This notification no longer displays – but I was certain it said ATM withdrawals in foreign currencies would be included in the fair use policy. I posted about this change and it appears I was the only one who got this notification. I reached out to N26 and they confirmed there has been no change to the ATM fair use policy.

 

I’m not sure how I misread the notification so badly but I’m happy out. As I mentioned in my previous post there is a fair use counter now on the app. I am travelling shortly so will do a foreign ATM withdrawal and see if it is displayed in the counter. But it appears it’s business as usual with N26.

You can view all posts about N26 on the Mega Post.

Leave a Reply

Your email address will not be published. Required fields are marked *