Updated September 28, 2026 · VaultCue Editorial Team
N26 vs PagBank
N26
Higher score in this comparison
PagBank
What sets them apart
| Compare | N26ReviewVisitVisit | PagBankReviewVisitVisit |
|---|---|---|
| Monthly fee | €0 | R$0 to R$75 |
| Currency conversion fee | 0%Lower | 5% |
| Free ATM withdrawals | €2 | R$0 |
| Transfer fee | Free: no extra charge for Wise-powered international transfers; MoneyBeam domestic transfers free | Free (unlimited TED and Pix to any bank) |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
| Currencies | from 35 | Not confirmed |
| Local account details | IBAN | Not confirmed |
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Key differences
- N26 scores higher overall: 9.1 vs 8.9.
- Founded is lower at PagBank: 2006 vs 2013.
- N26 is available in 20 more countries.
- Currency conversion fee is lower at N26: 0% vs 5%.
- Audience: only N26 offers Expats, Travelers, Student.
- Audience: only PagBank offers Business, Freelancer.
- Pricing model: only N26 offers Low FX.
- Features: only N26 offers Joint account.
- Features: only PagBank offers No credit check.
Our verdict on each
N26
N26 suits people who want banking costs to stay flat and who move money across currencies often: the monthly fee is €0 and the currency conversion fee is 0%. It is aimed at expats, travelers, students and teens, and savings sit alongside the everyday account.
PagBank
PagBank suits Brazilian businesses and freelancers who want a free everyday account with instant Pix payouts and a savings option on the side.
Score breakdown
| Area | N26 | PagBank |
|---|---|---|
| Cost | 9.4HigherFees of €0 monthly and 0% to convert sit at position 1 of 500 and 1 of 312. | 8.6Cost score rests on BRL 0 to BRL 75 monthly charges, BRL 0 for cash withdrawals and 5% for card conversion. |
| Offer | 9.5HigherAimed at expats, travelers and student, holding from 35 currencies, with a joint account, digital-only service and easy-access savings. | 9.2Offer score rests on variable savings, Daily liquidity, redeem whenever you want and payouts to bank and wallet. |
| Trust | 8.5 | 8.8Higher |
Choosing between them
Pick N26 if cost, offer, and currency conversion fee matter most.
Pick PagBank if trust matter most.
Licences and countries
| Country | N26 | PagBank |
|---|---|---|
| Germany | Not confirmed |
Additional countries for N26: 21. Additional countries for PagBank: 1.
Where these facts come from
N26
- n26.com: 14 facts, checked September 26, 2026
PagBank
- pagbank.com.br: 10 facts, checked September 26, 2026
- faq.pagbank.com.br: 1 fact, checked September 26, 2026
How they place
| Ranking | N26 | PagBank |
|---|---|---|
| Savings accounts | 22 of 1420 | 28 of 1420 |
| Money transfer services | 11 of 1564 | 14 of 1564 |
| Online banks | 9 of 402 | 11 of 402 |
Every fact side by side
| Fact | N26 | PagBank |
|---|---|---|
| Audience | Expats, Travelers, Student, Teen | Business, Freelancer |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Free ATM, Joint account, Digital only | Free ATM, Digital only, No credit check |
| Legal entity | N26 Bank SE | PAGSEGURO INTERNET INSTITUIÇÃO DE PAGAMENTO S/A |
| Headquarters | Germany | Brazil |
| Founded | 2013 | 2006Lower |
| Support channels | Email, Chat, Phone, Help centre | Email, Phone, Help centre, Chat |
Savings
| Fact | N26 | PagBank |
|---|---|---|
| Headline rate | 0.3% to 1.5% | Not confirmed |
| Rate type | Variable | Variable |
| Minimum deposit | Not confirmed | R$1 |
| Access terms | 100% flexible: deposit and withdraw any amount, whenever you want | Daily liquidity, redeem whenever you want |
| Account kind | Easy access | Easy access |
Money transfer
| Fact | N26 | PagBank |
|---|---|---|
| Exchange rate markup | 0% | Not confirmed |
| Delivery time | Instant to 1 business day | Within minutes: cross-border payouts cleared in minutes to Pix or a PagBank account; Pix transfers instant 24/7 |
| Payout methods | Bank, Card | Bank, Wallet |
| Fee to send 1,000 | €0 | R$0 |
Where each stands against the rest
| Fact | N26 | PagBank | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 5%highest quarter | 0.5% |
| Currencies | from 35highest quarter | Not confirmed | 5 |
Median across 536 listed accounts.
Pros and cons
N26
Pros
- Deposits are protected through EU DGS up to EUR 100,000, with N26 Bank SE supervised by BaFin in Germany.
- The savings pot is easy access and fully flexible, so deposits and withdrawals happen in any amount, whenever you want.
- Support is broad for an app-based bank, running on email, chat and phone.
Cons
- The savings rate is variable and sits at 0.3% to 1.5%, below the 3% median across savings accounts on the site.
- Local payment details run on iban, so UK sort codes and US ACH numbers are not part of the standard setup.
PagBank
Pros
- Transfers to any bank are Free (unlimited TED and Pix to any bank), which covers both Pix and TED.
- Cash access carries an allowance of BRL 0, so withdrawals do not add to the bill.
- Payouts reach bank and wallet, and cross-border money clears in minutes to Pix or a PagBank account.
Cons
- Currency conversion on the card costs 5%, which ranks 304 of 312 and sits above the site median of 0.5%.
- The service is digital-only, as free atm, digital only and no credit check shows, so it suits people comfortable running money from an app.
- Savings pay a variable rate, so returns can move.
Who each suits
N26
Who it suits
- Expats, travelers, students and teens who want spending and savings in the same app, with from 35 currencies to hold.
- Readers who move money across borders, since transfers arrive in Instant to 1 business day and pay out to a bank account or a card.
Who should look elsewhere
- Pixpay FR, because its monthly fee of €3.99 suits readers who will put regular use through the account rather than those who want a fee-free everyday account.
- bunq Spain Bank Account, because a currency conversion fee of 3% suits readers banking mainly in euros and converting rarely.
PagBank
Who it suits
- Brazilian sole traders and small companies that bill and pay in Pix
- Freelancers who want an everyday account with an easy access CDB alongside
- Anyone happy to manage the account from a phone
Who should look elsewhere
- Skrill, if a wallet outside Brazil fits better: its monthly fee is €0
- Plazo ES, if a Spanish product suits you instead: its monthly fee is €0
- PayPal Colombia, if a wallet for cross-border online payments is the job: its monthly fee is $0
Current offers
N26
Current offer
Bonus
1% travel cashback: 1% cashback for up to 12 months on qualifying Mastercard transactions outside the EEA, Switzerland and the UK
N26 Go and Metal customers only; enrolment required via in-app message, email or push notification; up to 12 months
Source, checked September 26, 2026
PagBank
Current offer
Discount code
Taxa 0% para novos clientes (0% merchant rate on card readers): 0%
New customers of the Conta PJ PagBank; card reader without rental fee
Source, checked September 26, 2026
Discount code
Moderninha ProFit com 90% off (Super Max): R$ 83,88 à vista (12x de R$ 6,99)
Super Max plan; promotional price valid under campaign terms
Source, checked September 26, 2026
Country by country
| Country | N26 | PagBank |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| Brazil | No | Yes |
| Denmark | Yes | No |
| Estonia | Yes | No |
| Finland | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
8 of 22 countries where either is available.
Questions about each
N26
What does N26 cost to keep open each month?+
The everyday account is free to run: the monthly fee is €0, and N26 sits at position 1 of 500 brands on that column. Spending, savings and support all sit in the same app, so holding the account costs nothing to maintain.
How much does it cost to convert or send money abroad?+
Foreign currency conversion costs 0%, and the exchange rate margin is 0%. The transfer fee is free: no extra charge is added to Wise-powered international transfers, and MoneyBeam domestic transfers are free. That keeps the cost of moving money abroad close to nothing.
PagBank
What does PagBank charge to hold an account?+
The monthly fee runs BRL 0 to BRL 75, and the account is built around no monthly charge. PagBank ranks 1 of 500 on monthly fee across the site, the site median is €0, and the top of the site range reaches €449.
Are Pix and TED transfers really free?+
Transfers to any bank are Free (unlimited TED and Pix to any bank), and the Pix transfer charge is BRL 0. Pix is instant around the clock, and cross-border payouts clear in minutes to Pix or a PagBank account, with payouts landing on bank and wallet.
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