N26: The mega-post

I have had current accounts with AIB, Bank of Ireland, Ulster Bank, Post Bank (blast from the past) and KBC in Ireland. I had high hopes for KBC but found their opening procedure very poor although it seems to have improved. However, their internet and mobile banking were poor in my opinion and their advertising campaigns really got on my nerves which was the final straw. In the end I think I had a KBC account for a month or two before switching to N26.

N26 is a German online bank that allows Irish residents to sign up. Signing up and verifying your identity is all completed via their app. I was fully set up and verified in less than 20 minutes. They have two personal products – Standard and Black. The standard bank account comes with a MasterCard debit card and has no fees – except a €2 ATM withdrawal fee if you make more than 5 ATM withdrawals in a month and a 1.7% fee for non-euro ATM withdrawals. N26 Black costs €5.90 per month and for this the 1.7% non-euro ATM withdrawal fee is waived. There is also included Travel, Mugging and Mobile Phone insurance as well as extended warranty.

I understand N26 is not for everyone and many people will not find value in the N26 Black product. There are downsides to the N26 Bank account which I covered in a blog post below. However, N26 Black is by far the best product for me that is currently available. I don’t want to start a N26 -v- Revolut debate – I recently got a bit of abuse on Twitter for suggesting that in some circumstance N26 works out cheaper than Revolut.

Below are all the blog posts I have written about N26. I decided to do a mega-post so all the information can be easily found for those who are interested in N26.

The N26 Accounts and Features:

Introduction to N26

Video on N26 Security

N26 Black Included Insurance

Extended Warranty clarification

Free ShopRunner with N26 Black

Spaces: N26’s savings accounts

N26 and Irish Stamp Duty Tax

The sign up process:

Signing up to N26

Standard MasterCard Arrival

Black MasterCard Arrival

How long does it take to receive a replacement N26 MasterCard?

Using N26

N26 Internet Banking Overview

N26 Updated Internet Banking

N26 Mobile Banking Overview

N26 implementation of 3D Secure

My experiences:

My experience using the N26 as my main account

My experience with N26 customer support

My experience with my N26 MasterCard being blocked

My experience claiming for delayed luggage with N26 Black

The downsides of N26

MasterCard blocked due to too many transactions

Currency Exchange Rates:

Exchange Rates Revolut -v- N26 

How much N26 Black saved me on my last trip

In the interest of full-disclosure, links to N26 are affiliate links. Should you click through to N26 via my affiliate link and sign up to their bank account I will receive a small commission payment. These affiliate payments have no impact on my reviewing of the product. If you believe I have been influenced by the potential commission when reviewing a product please call me out. 

3 Replies to “N26: The mega-post”

  1. Has anyone had experience with asking retailers for “cashback” with an N26 standard Mastercard.
    I joined N26 with the intention of making it my primary banking account. I’ve been using it for a month now and am close to pulling the plug on my Irish account (I firmly believe Ulster Bank will regret the new fees structure which has taken them from being one of cheapest “Irish” banks to one of the most expensive). Rant over 🙂
    Anyway, the only niggle so far has been with “cashback”. I got refused cashback in Dunnes Stores transaction was for 22 Euro incidentally). The checkout operator told me it was “my card” that would not allow it.
    N26 claim that there is no reason cashback should not work in a retailer and the actual transaction is no different from their perspective. N26 even went as far as to say that they would not even know if cashback had been given as all they see is the total amount.
    This leads me to suspect that there are companies in Ireland whose own point of sale systems may be refusing cashback on “Non-Irish” debit cards. This is certainly the case for direct debits as discussed elsewhere on this site.
    So, my questions are :
    What experience have people had with “cashback” using an N25 standard card.?
    Has anyone managed to get cashback anywhere in Ireland with an N26 card?
    Has anyone been refused and if so which retailer ? (obviusly I’m citing Dunnes and one such retailer)

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