N26 Launch Shared Spaces

N26 has been promising to release more features for some time now. It’s fair to say they have prioritised targeting new markets ahead of innovating especially as they try and conquer the US. Recently, N26 has launched a much requested feature – shared spaces. There is a catch though – it is only available to certain users for the time being in a close-testing trial. Once live, shared spaces will allow you to create a spaces sub-account and invite up to 10 participants to add and withdraw money between your shared space and their own N26 accounts. It is available…

N26 You now offers Partner Discounts

N26 You is the new name for the N26 Black Account. This is N26’s middle offering sitting between their basic N26 account, and their premium N26 Metal account. When N26 announced the rename they promised to add new features and benefits though didn’t announce any specifics. It was widely rumoured that the first two enhancements would be Partner Discounts and the ability to have a back up MasterCard. Partner Discounts has just launched and they are a bit meh. I’m not sure exactly what I was expecting. I knew what I had hoped for – some sort of Lounge Pass…

N26 Black renamed to N26 You

N26 have renamed their N26 Black offering to N26 You. I’ve been a happy N26 Black customer for 2 years now but I am starting to notice that there are a lack of new features being added. With the rename to N26 You, they appeared to only make small changes to the offering – you can now specify what colour card you would like. There are five colours to choose from: Ocean, Sand, Rhubarb, Aqua and Slate. N26 You is their middle offering costing €9.90 per month. It sits between their basic N26 account and their premium N26 Metal account.…

N26 Metal has come to Ireland

N26 has three main current account offerings to personal customers – N26, N26 Black and N26 Metal. Up until last week only the standard N26 account and N26 Black was available in Ireland. This week, they’ve announced N26 Metal is now also available to Irish customers. At first I was excited but honestly, I’m not quite sure where the value offering of N26 Metal is. The standard N26 account is free and N26 Black costs €9.90 per month while N26 Metal costs €16.90 per month. In addition to everything offered by N26 Black, N26 comes with: Metal MasterCard Debit Card…

N26 and Irish Stamp Duty for Debit Cards

In Ireland there is stamp duty on financial cards. A credit card account attracts a €30 per year stamp duty charge. Debit cards are now charged a 12c stamp duty tax for each ATM withdrawal capped at €2.50 for ATM only cards and capped at €5.00 per year for ATM and debit cards.

This means an Irish customer of N26 will be liable for 12c per ATM withdrawal capped at €5.00 per year. There was some confusion as to how N26 would collect this fee.