It has been far too long since I’ve made a post. I’ve got a long list of posts I want to do so hopefully I’ll get a post out every couple of days. As anyone who follows this blog would know, I have a N26 Black Current account with N26. The N26 Black account is their premium account in Ireland which costs €5.90 per month. It includes no foreign ATM fees, free travel insurance, mugging insurance, mobile phone insurance and extended warranty. When you sign up, you enter a 12 month contract. I’ve had to claim for delayed luggage on their travel policy and found it good.
I have been a N26 black customer for over 12 months now and was interested to see what happened when the contract was over. 8 weeks before the renewal date I received an email from N26 stating “In 8 weeks, your N26 Black membership will automatically renew for another year at a pricing of €5,90 per month.” Then on the day of renewal I received another confirmation email saying the policy has been renewed for another year.
N26 seem to be very upfront and give you plenty of notice when the account is due for renewal. Once it is renewed you start another 12 month contract. I had hoped after the initial one year, it would roll over on a monthly basis but this isn’t the case.
Either way it doesn’t effect me. I’ve no plans to move bank accounts any time soon. I’m still very happy with N26.