Updated September 28, 2026 · VaultCue Editorial Team
N26 vs Qonto Portugal Business Account
N26
Higher score in this comparison
Qonto Portugal Business Account
N26 vs Qonto Portugal Business Account: the differences
| Compare | N26ReviewVisitVisit | Qonto Portugal Business AccountReviewVisitVisit |
|---|---|---|
| Monthly fee | €0Lower | €9 |
| Currency conversion fee | 0%Lower | 0.8% to 1.8% |
| Currencies | from 35 | from 30 |
| Transfer fee | Free: no extra charge for Wise-powered international transfers; MoneyBeam domestic transfers free | 30 SEPA transfers/month included, then EUR 0.20 per extra transaction (Basic plan) |
| Licence type | Not confirmed | Payment institution |
| Free ATM withdrawals | €2 | Not confirmed |
Same on both: Deposit protection (EU DGS up to EUR 100,000), Local account details (IBAN).
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Key differences
- N26 scores higher overall: 9.1 vs 8.7.
- Founded is lower at N26: 2013 vs 2017.
- N26 is available in 13 more countries.
- Monthly fee is lower at N26: €0 vs €9.
- Currency conversion fee is lower at N26: 0% vs 0.8% to 1.8%.
- Audience: only N26 offers Expats, Travelers, Student.
- Audience: only Qonto Portugal Business Account offers Business, Freelancer.
- Features: only N26 offers Free ATM, Joint account.
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.
Qonto Portugal Business Account
Qonto Portugal Business Account suits small businesses and freelancers who want a euro account with reach into many currencies and EU deposit protection. The trade-off is the €9 monthly fee, against €0 at XTB and €0 at AXI Card every month.
Score breakdown
| Area | N26 | Qonto Portugal Business Account |
|---|---|---|
| Cost | 9.4HigherFees of €0 monthly and 0% to convert sit at position 1 of 500 and 1 of 312. | 8.5It charges a monthly fee of €9 where €0 is the norm on the site, offset by conversion fees of 0.8% to 1.8%. |
| Offer | 9.5Aimed at expats, travelers and student, holding from 35 currencies, with a joint account, digital-only service and easy-access savings. | 9.5 |
| Trust | 8.5Higher | 8.3 |
The bill, worked out
A year with 1,000 spent abroad
N26
€0
12 × €0 + 0% of 1,000
Qonto Portugal Business Account
€116 to €126
12 × €9 + 0.8% to 1.8% of 1,000
N26 costs €116 less.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Spending 1,000 abroad
N26
0
0% of 1,000
Qonto Portugal Business Account
8 to 18
0.8% to 1.8% of 1,000
N26 comes out 8 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
What we checked
N26
- n26.com: 14 facts, checked September 26, 2026
Qonto Portugal Business Account
- qonto.com: 10 facts, checked September 26, 2026
- euclid.eba.europa.eu: 3 facts, checked September 26, 2026
How they place
| Ranking | N26 | Qonto Portugal Business Account |
|---|---|---|
| Online banks | 9 of 402 | 6 of 402 |
Every fact side by side
| Fact | N26 | Qonto Portugal Business Account |
|---|---|---|
| Audience | Expats, Travelers, Student, Teen | Business, Freelancer |
| Pricing model | No monthly fee, Low FX | Not confirmed |
| Features | Free ATM, Joint account, Digital onlyCovers more | Digital only |
| Legal entity | N26 Bank SE | QONTO |
| Headquarters | Germany | France |
| Founded | 2013Lower | 2017 |
| Support channels | Email, Chat, Phone, Help centre | Chat, Phone, Email, Help centre |
Savings
| Fact | N26 | Qonto Portugal Business Account |
|---|---|---|
| Headline rate | 0.3% to 1.5% | Not confirmed |
| Rate type | Variable | Not confirmed |
| Access terms | 100% flexible: deposit and withdraw any amount, whenever you want | Not confirmed |
| Account kind | Easy access | Not confirmed |
Money transfer
| Fact | N26 | Qonto Portugal Business Account |
|---|---|---|
| Exchange rate markup | 0% | Not confirmed |
| Delivery time | Instant to 1 business day | Not confirmed |
| Payout methods | Bank, Card | Not confirmed |
| Fee to send 1,000 | €0 | Not confirmed |
Where each stands against the rest
| Fact | N26 | Qonto Portugal Business Account | Median |
|---|---|---|---|
| Monthly fee | €0at the median | €9highest quarter | €0 |
| Currency conversion fee | 0%below the median | 0.8% to 1.8%above the median | 0.5% |
| Currencies | from 35highest quarter | from 30highest quarter | 5 |
| Free ATM withdrawals | €2above the median | Not confirmed | €1 |
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.
Qonto Portugal Business Account
Pros
- The account covers from 30 currencies, well above the 5 seen across the site.
- Deposits sit under EU DGS up to EUR 100,000, so the working balance stays inside the EU guarantee.
- Support runs on chat, phone and email, including a phone line for urgent payment problems.
Cons
- The €9 monthly fee is the cost rivals skip, with XTB at €0 and AXI Card at €0.
- Currency conversion costs of 0.8% to 1.8% apply to any payment made outside the euro zone.
- The account is digital only, so there is no branch counter and no paper trail outside the app.
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.
Qonto Portugal Business Account
Who it suits
- Businesses and freelancers, the audiences the account is built for, billing in euros.
- Companies with customers in several markets, since the account covers from 30 currencies.
- Finance teams that want deposit cover in the same account they pay suppliers from, under EU DGS up to EUR 100,000.
Who should look elsewhere
- XTB, when the monthly fee decides it: XTB lists €0 and this account charges €9.
- AXI Card, for the same reason, with a monthly fee of €0 against €9 here.
- Skrill, if a wallet balance fits the money flow better than a business account carrying €9 a month and 0.8% to 1.8% on conversion.
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
Qonto Portugal Business Account
Current offer
Free trial
1-month free trial: 1 month free
Offered on the self-employed Basic, Smart and Premium plans; prices shown are monthly equivalents on an annual plan
Source, checked September 26, 2026
Bonus
Account remuneration: boosted rate for 2 months: 5% AER for 2 months, then 1.5% AER
Smart and Premium plans; requires at least 5 eligible transactions per month; balance cap EUR 50,000 (Smart) or EUR 100,000 (Premium)
Source, checked September 26, 2026
Country by country
| Country | N26 | Qonto Portugal Business Account |
|---|---|---|
| Denmark | Yes | No |
| Estonia | Yes | No |
| Finland | Yes | No |
| Greece | Yes | No |
| Iceland | Yes | No |
| Ireland | Yes | No |
| Liechtenstein | Yes | No |
| Luxembourg | Yes | No |
8 of 21 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.
Qonto Portugal Business Account
What does the account cost each month?+
The account carries a monthly fee of €9 on the Basic plan. Payment activity adds to it: transfers beyond the included bundle each carry a flat charge. Budget for the fee as the baseline cost of keeping the account open.
What do extra SEPA transfers cost?+
On the Basic plan a bundle of SEPA transfers is included each month, and every transfer after that is charged at a flat rate per transaction. The monthly fee of €9 does not cover extra payment volume, so busy months cost more than the headline price.
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