N26 Business Account Review [2025]: Pros, Cons & Alternative

Final Verdict

Simple mobile banking for freelancers — but limited for international business and companies officially registered as legal entities, like LLCs.

N26 provides a fast, simple solution for freelancers and sole traders who travel frequently and need a lightweight account to receive client payments, track expenses, budget, and separate personal and business finances. It’s especially well-suited for EU-based remote workers, digital nomads, and early-stage entrepreneurs handling payments in euros. 

Account opening and management are also easy for users to navigate. In terms of limitations, the accounts can only be opened in your personal name (not under a company name), international transfer capabilities are limited, and customer support may feel thin if you are on a lower-tiered plan. 

One crucial detail to point out is that using an account in your personal name can make your business look less professional or established. Clients might feel uncertain about who they’re paying, especially if your company operates under a different name than your legal one. 

If you're a freelancer or remote worker mainly operating within Europe, N26 Business can be fine. However, if you are an established company or an SME that plans to grow beyond the local market, then N26 might not be the right fit. 

Key Highlights

• Free transfer within the EEA and Switzerland 
• No foreign transaction fees for card payments
• Interest on account balance
• Card with cashback rewards and integration with Apple Pay & Google Pay
• Investment options, including crypto

N26 Business Bank Account Features

N26 is a German bank that offers a modern twist on traditional banking, providing all its banking services through a mobile phone application. It offers both personal and business accounts. The business accounts are tailored for freelancers and self-employed individuals operating under their own name. This means you can't use a company name on your N26 account or card.

With an N26 business account, you can send and receive SEPA transfers through the N26 mobile app and earn interest on your account balance. All business accounts come with a virtual N26 Mastercard® business card for online and offline payments, cashback on purchases, ATM cash withdrawals, and the ability to connect to Apple Pay and Google Pay for contactless payments. Additionally, one of the standout features is unlimited card payments worldwide in any currency, with no foreign transaction fees*. Lastly, you can enable notifications in the N26 app to stay updated on your real-time account activity.

However, B2B payments and transfers in foreign currencies aren't fully supported yet. N26 is gradually rolling out this feature, starting with accounts in Germany.

Here’s a quick overview of the different business account types offered by N26, along with the unique features included in each.

• N26 Standard – A free digital business bank account with a 0.55% interest rate on your balance.
• N26 Smart – All standard features plus more financial tools, a physical debit card, extra cards, access to premium partner offers and sub-accounts.
• N26 You – Designed for freelancers who travel, this plan offers everything in Smart, plus  a higher interest rate at 0.75%, free ATM withdrawals abroad, and comprehensive travel insurance.
• N26 Metal – Everything in Smart, plus a metal card, a 2.25% interest rate and exclusive insurance benefits like purchase protection.

In terms of management, you can track your spending habits. N26 automatically categorises your spending into a quick monthly recap. You can also download CSVs and PDFs of all your transactions to simplify your taxes and invoicing.

Another value-added service is that eligible customers in all plan tiers can access N26 Investment option, allowing you to invest in 3,000+ stocks and ETFs directly from your banking app, with no trading fees. You can also invest in crypto.

N26 Bank Fees

N26 pricing may vary by region; these are the general fees.

Please refer to this N26 fee page for full details

N26 Customer Support

If you have a bank account with N26, you can contact the customer support team via a secure in-app chat. The chat support within the N26 application is available daily, including Sundays and bank holidays, from 07:00 to 23:00 CET. 

Phone support is only available for premium account customers (N26 You, N26 Smart, and N26 Metal), and you must call from the number registered in your bank account. 

For general enquiries, you can visit their help center page, contact N26 through a visitor chat on their get in touch page or email support@n26.com. 

N26 does not offer support at a physical branch

Opening a N26 Account

You can open an N26 account entirely online, without visiting a branch. Below are the eligibility criteria, required documents, and step-by-step instructions for applying.

Eligibility Criteria and What You’ll Need

To be eligible for an N26 account, you must meet the following criteria:

• Be at least 18 years old.
• Intend to use the account primarily for business purposes.
• Having a compatible smartphone to complete identity verification and access the account.
• Reside in Germany, Austria, France, Italy, Spain, Portugal, Ireland, Greece, the Netherlands, Belgium, Luxembourg, Finland, Latvia, Estonia, Lithuania, Slovakia, or Slovenia.

You must not already have an N26 account, as each person is allowed only one active account. This means you cannot have both a personal and a business account at the same time. Switching between personal and business accounts is also not supported, so it’s best to ensure a business account meets your needs before opening one. 

Here are the documents and information you’ll need:

• Identity documents
• Address information
• A valid Tax ID if you reside in Spain

📌Note: N26 was previously available in both the US and the UK, but it no longer offers services in these countries.

How to Apply 

Opening a business bank account with N26 is paperless and online. Follow these steps:

1. Download the N26 app or go to https://n26.com and click “get the app” in the top right corner. 
2. Provide your personal and business information.
3. Connect your smartphone to your new account.
4. Confirm your email address and personal information.
5. Complete the identity verification process by taking a photo and a video
6. Once your identity is verified, your business bank account will be ready to use.

🔎 Tip: For more information, check this step-by-step guide on how to open N26 account

N26 Bank Ratings and Reviews

• Trustpilot: 3.4/5 (based on 33,385 reviews)

N26 review on Trustpilot shows moderate ratings. Users appreciate its worldwide card acceptance and smooth banking experience. Negative reviews report frustration with application rejections, unexpected account freezes with funds being placed on hold, and difficulty reaching customer support.

• Apple App Store Rating: 4.6/5 (based 10k reviews)

N26 receives positive ratings on the Apple App Store, with users listing features such as direct deposit, bank transfers, and the N26 card as meeting their expectations. However, negative reviews mention issues with frozen accounts and difficulty accessing customer support.

• Google Play Store Rating: 4.2/5 (based 144k reviews)

N26 receives good ratings on Google Play, with users liking its user-friendly interface, ease of use, and quality of the card. Negative reviews primarily mention account closure, issues during the application process, and some inconsistency in the customer support quality.

N26 has over 150k reviews and ratings online from users, reflecting its broad adoption. Both Google Play and the App Store ratings indicate that users are generally satisfied with the mobile application. However, on Trustpilot, the score drops to a more moderate 3.4/5, signalling notable concerns and complaints, particularly regarding account freezes, application rejections, and challenges with customer support. A standout feature across all review platforms is its worldwide card acceptance

Open a Business Account with Statrys

If you're looking for a solution for your international business and want an account under your company's name, Statrys can be the answer.

Statrys is not a bank, but a licensed payment service provider offering cross-border payment solutions for companies registered in Hong Kong, Singapore, and the British Virgin Islands (BVI).

With Statrys, you can open a business account under your company name to hold, send, receive, and manage funds in multiple major currencies, and make international payments to and from over 140 countries. Additionally, you’ll have access to competitive foreign exchange rates, currency risk mitigation tools, Mastercard® payment cards (subject to approval), a dedicated account manager, and personalised support through phone, chat, and email.

Explore the summary of key features below: