N26 Business Smart
Annual fee: €58.80
Cash withdrawal: €0.00
eff. interest rate: 8.9%
N26 Business Smart is Designed for self-employed and freelance users doing business under their name. It offers the following benefits:
- Extra virtual card
- 10 additional Spaces (subaccounts)
- Shared Spaces for Collaborative Use
- Dedicated phone support
- 0.1% cashback every month on all payments made using the card
- CASH26 feature for cash withdrawals and deposits in Germany, Austria, and Italy
- Free ATM withdrawals worldwide
- No foreign transaction fees
- No minimum balance, no account fees, and no paperwork required
Requirements for N26 Business Smart
To open an N26 Business Smart account, you must meet the following requirements:
- Use your personal name and last name
- Be self-employed or a freelancer
- Register with your personal first and last name
- Use the account primarily for business purposes
- Be over 18 years old and hold a valid form of ID
- Not having a personal N2S2 Business Smart account is designed for self-employed and freelance users, and it costs €4.90 per month.
Pros and Cons of N26 Business Smart
Pros:
- No monthly fee
- Free ATM withdrawals in the Eurozone
- 0.1% cashback on all purchases
- Multiple sub-accounts (Spaces)
- Secure mobile banking
- No minimum deposit
Cons:
- No foreign transaction fees, but no cashback on foreign purchases
- Limited customer support
- No physical branches
- Only available to registered businesses in specific European countries.
More Details
| Card name | N26 Business Smart |
| Credit card company | Mastercard |
| Card type | Debit card |
| Annual Fee | €58.80 |
| eff. interest rate | 8.9% |
| Balance interest | – |
| Credit check | ✔️ |
| Contactless pay | ✔️ |
| Apple Pay | ✔️ |
| Google Pay | ✔️ |
| Current account | ❌ |
| Liability | €50.00 |
| Cash withdrawal in Germany |
| Free cash withdrawals per month | 5 |
| Costs incurred for each further withdrawal |
| ATM fee / domestic | €2.00 |
| Min. ATM fee | – |
| Cash withdrawal within Eurozone |
| ATM fee Eurozone | Free of charge |
| Cash withdrawal in foreign currency within European Economic Area, EEA |
| ATM fee non Euro withdrawal within European Economic Area, EEA | 1.7% |
| Min. ATM fee | – |
| Cash withdrawal worlwide / outside European Economic Area, EEA |
| ATM fee worldwide / outside European Economic Area, EEA | 1.7% |
| Min. ATM fee | – |
| Fee for card use |
| In the Eurozone | Free of charge |
| Foreign currency within European Economic Area, EEA | Free of charge |
| Foreign currency outside European Economic Area, EEA | Free of charge |
| Limits |
| Cash withdrawal limit / day | €1,000.00 |
| Cash withdrawal limit / week | €2,500.00 |
| Limit card payment / day | €20,000.00 |
| Limit card payment / month | €20,000.00 |
| Travel Insurance |
| Overseas health insurance | ❌ |
| Travel cancellation insurance | ❌ |
| Travel accident insurance | ❌ |
| Luggage insurance | ❌ |
| Travel interruption insurance | ❌ |
| Transport accident insurance | ❌ |
| Rental car |
| Rental car comprehensive insurance | ❌ |
| Rental car legal protection | ❌ |
| Rental car liability | ❌ |
| Other insurance |
| Purchasing insurance | ❌ |
| Car cover | ❌ |
| Mobile phone insurance | ❌ |
