Updated October 14, 2026 · VaultCue Editorial Team
N26 vs ubank
N26
Higher score in this comparison
ubank
What sets them apart
| Compare | N26ReviewVisitVisit | ubankReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | €0 | Not confirmed |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
| Currency conversion fee | 0% | Not confirmed |
| Currencies | from 35 | Not confirmed |
| Local account details | IBAN | Not confirmed |
| Free ATM withdrawals | €2 | Not confirmed |
| Transfer fee | Free: no extra charge for Wise-powered international transfers; MoneyBeam domestic transfers free | Not confirmed |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Founded is lower at ubank: 2008 vs 2013.
- N26 is available in 20 more countries.
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.
ubank
Ubank lists goal-oriented savings, Autosave, savings accounts and Shared Save accounts.
Score breakdown
| Area | N26 | ubank |
|---|---|---|
| Cost | 9.4Fees of €0 monthly and 0% to convert sit at position 1 of 500 and 1 of 312. | Not confirmed |
| Offer | 9.5Aimed at expats, travelers and student, holding from 35 currencies, with a joint account, digital-only service and easy-access savings. | Not confirmed |
| Trust | 8.5 | Not confirmed |
How they place
| Ranking | N26 | ubank |
|---|---|---|
| Savings accounts | 22 of 1420 | 1317 of 1420 |
Every fact side by side
| Fact | N26 | ubank |
|---|---|---|
| Audience | Expats, Travelers, Student, Teen | Not confirmed |
| Pricing model | No monthly fee, Low FX | Not confirmed |
| Features | Free ATM, Joint account, Digital only | Not confirmed |
| Legal entity | N26 Bank SE | National Australia Bank |
| Headquarters | Germany | Australia |
| Founded | 2013 | 2008Lower |
| Support channels | Email, Chat, Phone, Help centre | Not confirmed |
Savings
| Fact | N26 | ubank |
|---|---|---|
| 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 | Easy access |
Money transfer
| Fact | N26 | ubank |
|---|---|---|
| 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 | ubank | Median |
|---|---|---|---|
| Monthly fee | €0at the median | Not confirmed | €0 |
| Currency conversion fee | 0%below the median | Not confirmed | 0.5% |
| Currencies | from 35highest quarter | Not confirmed | 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.
ubank
Pros
- Ubank lists goal-oriented savings, Autosave, savings accounts and Shared Save accounts.
- The captured overview does not provide rates.
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.
ubank
Who it suits
- Australia Ubank customers choosing goal-based, automatic or shared savings tools
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 | ubank |
|---|---|---|
| Australia | No | Yes |
| Austria | Yes | No |
| Belgium | Yes | No |
| 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.
How quickly do transfers arrive, and how can I be paid?+
Transfers are delivered in Instant to 1 business day, and the money can be paid out to a bank account or to a card. Short waits matter if you pay rent or a supplier in another currency and need the funds to land the same day.
Is my money protected, and who supervises the bank?+
Protection runs through EU DGS up to EUR 100,000. The account is held by N26 Bank SE, which sits under BaFin supervision in Germany, so eligible deposits sit under the EU guarantee rather than a plain e-money balance. That is the part to weigh if you keep a larger balance on the account.
Other options to compare
Other matchups
- N26 vs Airwallex
- N26 vs ZA Bank
- N26 vs monobank
- N26 vs Nequi
- N26 vs Mercury
- N26 vs Cake by VPBank
- N26 vs Nu Colombia
- N26 vs MoMo
- N26 vs Monese
- N26 vs Kroo
- N26 vs KakaoBank
- N26 vs Step
- N26 vs SoFi
- N26 vs Scotiabank Uruguay Cuenta Digital
- N26 vs Wise
- N26 vs Varo Bank
- N26 vs Qonto
- N26 vs Qonto Portugal Business Account
- N26 vs Pixpay FR
- N26 vs Skrill Prepaid Mastercard
- N26 vs CitiBank AE
- N26 vs Novo
- N26 vs Papaya Global
- N26 vs Monzo
- N26 vs PagBank
- N26 vs Revolut AU
- N26 vs Revolut UK
Related by the facts
N26
ubank