Updated September 28, 2026 · VaultCue Editorial Team
N26 vs Scotiabank Uruguay Cuenta Digital
N26
Higher score in this comparison
Scotiabank Uruguay Cuenta Digital
Where N26 and Scotiabank Uruguay Cuenta Digital differ
| Compare | N26ReviewVisitVisit | Scotiabank Uruguay Cuenta DigitalReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | €0 | UYU 0 |
| Currencies | from 35 | 2 |
| Free ATM withdrawals | €2 | UYU 5 |
| Transfer fee | Free: no extra charge for Wise-powered international transfers; MoneyBeam domestic transfers free | 2 cost-free transfers per month up to USD 10.000 or UYU 300.000, then UYU 10 per transfer (Scotiabank to Scotiabank unlimited and free) |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
| Currency conversion fee | 0% | Not confirmed |
| Local account details | IBAN | Not confirmed |
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Key differences
- N26 scores higher overall: 9.1 vs 8.7.
- Founded is lower at Scotiabank Uruguay Cuenta Digital: 2011 vs 2013.
- N26 is available in 20 more countries.
- Support channels: only N26 offers Chat.
- Pricing model: only N26 offers Low FX.
- Features: only N26 offers 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.
Scotiabank Uruguay Cuenta Digital
Scotiabank Uruguay Cuenta Digital suits anyone in Uruguay who wants a savings account run entirely from the app and pays nothing to keep it open. The catch is reach: it holds 2 currencies and needs a minimum deposit of UYU 5,000 to open, so it is a local tool rather than a global one.
Score breakdown
| Area | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Cost | 9.4Fees of €0 monthly and 0% to convert sit at position 1 of 500 and 1 of 312. | Not confirmed |
| Offer | 9.5HigherAimed at expats, travelers and student, holding from 35 currencies, with a joint account, digital-only service and easy-access savings. | 8.8No monthly charge of UYU 0, but only 2 currencies and a minimum opening deposit of UYU 5,000 |
| Trust | 8.5 | 8.6Higher |
Positions in our rankings
| Ranking | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Savings accounts | 22 of 1420 | 536 of 1420 |
| Online banks | 9 of 402 | 178 of 402 |
Where each is licensed and available
| Country | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Germany | Not confirmed | |
| Uruguay | Not confirmed |
Additional countries for N26: 21. Additional countries for Scotiabank Uruguay Cuenta Digital: 1.
What we checked
N26
- n26.com: 14 facts, checked September 26, 2026
Scotiabank Uruguay Cuenta Digital
- scotiabank.com.uy: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Audience | Expats, Travelers, Student, Teen | Not confirmed |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Free ATM, Joint account, Digital onlyCovers more | Free ATM, Digital only |
| Legal entity | N26 Bank SE | Scotiabank Uruguay S.A. |
| Headquarters | Germany | Uruguay |
| Founded | 2013 | 2011Lower |
| Support channels | Email, Chat, Phone, Help centreCovers more | Phone, Help centre, Email |
Savings
| Fact | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Headline rate | 0.3% to 1.5% | Not confirmed |
| Rate type | Variable | Variable |
| Minimum deposit | Not confirmed | UYU 5,000 |
| Access terms | 100% flexible: deposit and withdraw any amount, whenever you want | Bimonetary savings account in pesos and USD, managed 100% through digital channels, on-demand deposits and withdrawals; 5 free Banred ATM withdrawals and 2 free transfers (up to USD 10,000 or $300,000) per month |
| Account kind | Easy access | Easy access |
Money transfer
| Fact | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| 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 | Scotiabank Uruguay Cuenta Digital | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | Not confirmed | 0.5% |
| Currencies | from 35highest quarter | 2lowest quarter | 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.
Scotiabank Uruguay Cuenta Digital
Pros
- No monthly maintenance charge on the account
- Runs entirely through digital channels, with deposits and withdrawals on demand
- Free ATM withdrawals up to an allowance of UYU 5 a month
Cons
- Only 2 currencies are held, so travel money beyond pesos and USD means another provider
- Transfers outside the free monthly allowance are charged per transfer, and only Scotiabank to Scotiabank transfers stay free
- A minimum deposit of UYU 5,000 is needed to open the account
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.
Scotiabank Uruguay Cuenta Digital
Who it suits
- Uruguay residents paid in pesos who also earn or hold dollars
- People who bank by phone and do not want branch visits
- Savings customers content with a variable rate that moves with the bank
Who should look elsewhere
- Travellers holding more than 2 currencies, where Skrill or PayPal Colombia cover more currencies
- Anyone unwilling to meet the minimum deposit of UYU 5,000
- Users who want a fixed-rate term, since the rate is variable
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
Country by country
| Country | N26 | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| Denmark | Yes | No |
| Estonia | Yes | No |
| Finland | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
| Greece | 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.
Scotiabank Uruguay Cuenta Digital
Does the Cuenta Digital charge a monthly fee?+
No. The monthly fee is UYU 0, so the account costs nothing to keep open. Costs come from spending beyond the free allowances, mostly transfers and extra ATM withdrawals. Scotiabank to Scotiabank transfers stay free.
What can I hold in the account?+
The account is bimonetary, holding pesos and US dollars, which is 2 currencies in total. Anything beyond those two means a separate provider. Providers such as Skrill hold many more currencies for the same kind of task.
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Related by the facts
N26
Scotiabank Uruguay Cuenta Digital