Revolut vs N26: Similarities and differences between online banks

With banking apps, such as Revolut or N26, you have new and convenient options for handling your banking transactions. In this article we show you the similarities and differences between the two online banks: Revolut vs N26.

Revolut vs N26 - that's what Revolut offers

Online banking apps such as Revolut or N26 offer many functions that conventional banks have not yet offered in this form. Since the two apps are similar in some respects, it can be difficult to choose one of the two.

• With Revolut you can create your account for free via app. All you need to create is a working mobile number.
• In the basic version, you can make free transfers of up to € 6000 per month in 29 Fiat currencies and withdraw cash up to € 200 per month free of charge.
• You also have the option to subscribe to Revolut and receive additional functions for a monthly fee. The functions differ depending on the package. There are three levels in total: Standard (€ 0), Premium (€ 7.99 per month) and Metal (€ 13.99 per month)
• With a subscription, you can withdraw cash, for example, € 400 per month free of charge, have no limits on transfers to other currencies and receive international health insurance, as well as insurance for delayed baggage and delayed flights.
• You will also receive additional security functions for your account and will receive a MasterCard. From the middle package, you also get access to five different cryptocurrencies.

You can do that with an account with N26

Both Revolut and N26 work with a subscription model, which enables you to activate additional functions from a certain monthly amount.

• When you open a free account at N26, you will also receive an EC card from Mastercard. You do not need a monthly subscription for this. You can also withdraw cash in euros from ATMs and make free payments in various currencies.
• Additional functions can be booked by subscription. These include, among other things, a travel insurance package abroad, which covers you for delayed flights and luggage as well as medical emergencies and theft.
• You also have several colors to choose from for your Mastercard. The "Spaces feature" allows you to create categories (eg vacation, TV purchase, etc.), to which you can then specifically deposit money.
• With the most expensive subscription, you also get an assigned customer service and a metal Mastercard.
• The subscriptions come in the grades N26 (€ 0), N26 You (€ 9.99 per month) and N26 Metal (€ 16.90 per month).

If you would rather stay with your previous bank, we have the 7 best tips to make your online banking secure.

Video tip: Prof. Lutz Heuser: Data is the new currency