Number26/N26 Mastercard/Account now for Irish Residents

Jim2007

user1842 wrote: »

Haha, come on, their heatlcare is not that bad.

It is not a question of being bad it is a question being very expensive. A good friend of mine did his MBA at Columbia University in the 60s and unlikely his colleagues he moved to Ireland with his Irish wife.

His colleagues did much better than him career wise and are definitely more wealth, but they are afraid to enjoy it in case they need it to cover health expenses when their insurance runs out.

Medical bankruptcy is very real over there.

A lot cheaper to get an international air ambulance back to Ireland

If you are allowed travel and if you can cover the costs. Looking at the costs out of Zürich to Dublin it’s about 40k Euro.

I know of two friends who have had visitors fall seriously ill while visiting Switzerland, one was not allowed fly back to Japan for two months, the other who had a relapse was not allowed to fly to South America for eleven months.

Jim2007

user1842 wrote: »

Surprising that fraud detection algorithms did not pick this up.

According to the first para you quoted it was….

user1842

Jim2007 wrote: »

According to the first para you quoted it was….

Sorry quoted the wrong post

RonyPonyBah

user1842 wrote: »

Surprising that fraud detection algorithms did not pick this up.

I know I was super surprised, many years ago back in the wire card days I remember something similar happened but the app blocked them right away.

FGR

Has anyone any experience about delivery times for an N26 physical card? I had to reset my phone and in order to pair it back with my account needed the physical card otherwise I can't do much with my account.

Customer Service is fast - but could only tell me up to 28 days.

jeffk

FGR wrote: »

Has anyone any experience about delivery times for an N26 physical card? I had to reset my phone and in order to pair it back with my account needed the physical card otherwise I can't do much with my account.

Customer Service is fast - but could only tell me up to 28 days.

https://www.boards.ie/vbulletin/showpost.php?p=117407116&postcount=2806

You don't need card, I had to wait about twelve hours then put in what they asked, about a hour later good to go

RonyPonyBah

RonyPonyBah wrote: »

So my account was just cleaned out of a few grand, I submitted the dispute from within the app, and re ordered the card.

How long does this normally take to get sorted and have my money back?

Just an update on the following, still no word from N26 whatsoever, not impressed.

Jim2007

RonyPonyBah wrote: »

Just an update on the following, still no word from N26 whatsoever, not impressed.

I would be extremely surprised if you had gotten a response by now.

From your previous post you referred to 4 or 5 transactions all of which passed through the fraud filters, that would imply that they were processed by valid merchants and are typically of the type of transactions you engage in. That makes the investigation much more difficult than normal, I’d give them a week or more to complete their investigation.

You might try asking them to give you a temporary credit while they complete their investigation.

adox

RonyPonyBah wrote: »

Just an update on the following, still no word from N26 whatsoever, not impressed.

Did you not get notifications on your phone when the transactions happened?

Hibernicis

FGR wrote: »

Has anyone any experience about delivery times for an N26 physical card?

See my previous post.

I ordered an N26 physical card in early March (the €10 cost was debited to my account on 10th March). The card arrived in the post on 6th May.

jrmb

You can get €126 for joining N26 and making it your "salary account". It's only on their German site, but doesn't seem to be Germany-only.

Jim2007

jrmb wrote: »

You can get €126 for joining N26 and making it your "salary account". It's only on their German site, but doesn't seem to be Germany-only.

Salary accounts are a special type of account in Germany, Switzerland and possibly Austria. They tend to be very profitable for the banks and many banks in the region offer inducements to get customers for these products.

If they are willing to pay everyone for it, then go for it.

Yggr of Asgard

jrmb wrote: »

You can get €126 for joining N26 and making it your "salary account". It's only on their German site, but doesn't seem to be Germany-only.

This is however the "N26 Standard Account" with its limits.

You might be better off to use "N26FREEYOU" to get the you account for 12 months for free which is 118.80€ value.

Also, this requires that your employer sends the salary to the account for at least 3 consecutive salary payments and the payment needs to be coded as Salary to avoid you just moving money to the account pretending.

Edited because this is not valid for Irish customers (bold highlight is me).

Sales promotion for new customers by N26 Bank GmbH, Rungestr. 22, 10179 Berlin, Germany. Promotion period 10.06.2021-30.06.2021. Promotion applies to all N26 tiers and may be used once per customer with valid residence in Germany. New customers who successfully sign up (have completed a successful identity verification and have been confirmed for a bank account by N26 Bank GmbH) for a N26 bank account within the promotion period will be credited up to €126 by N26 Bank GmbH. This credit will be transferred if the newly set up account is used as a salary account for three consecutive months (with incoming monthly transactions of at least €700 by 31.12.2021 from a bank account not associated with the same name), as well as at least one outgoing card transaction per month (incl. Google/Apple Pay). Following the first card transaction with the N26 bank account, new N26 customers will receive €25 in their N26 accounts immediately. In the event that at least 3 incoming transfers of at least €700 per month are credited to the N26 bank account by 31.12.2021, we’ll transfer an additional credit of 101€. The payout of €101 for new N26 customers onto their N26 bank account will take place automatically within 4 weeks after their 3rd incoming salary transaction. The T&Cs applicable for the respective N26 bank accounts fully apply and can be accessed at any time via n26.com. To be eligible for this promotion, new N26 customers must use the following promotion code during registration: N26GIROKONTO. The registration must take place at the latest by 30.06.2021 and the promotion code must be used during registration. The promotion code may only be used once per customer.

jrmb

Yggr of Asgard wrote: »

This is however the "N26 Standard Account" with its limits.

You might be better off to use "N26FREEYOU" to get the you account for 12 months for free which is 118.80€ value.

Also, this requires that your employer sends the salary to the account for at least 3 consecutive salary payments and the payment needs to be coded as Salary to avoid you just moving money to the account pretending.

Edited because this is not valid for Irish customers (bold highlight is me).

Sales promotion for new customers by N26 Bank GmbH, Rungestr. 22, 10179 Berlin, Germany. Promotion period 10.06.2021-30.06.2021. Promotion applies to all N26 tiers and may be used once per customer with valid residence in Germany. New customers who successfully sign up (have completed a successful identity verification and have been confirmed for a bank account by N26 Bank GmbH) for a N26 bank account within the promotion period will be credited up to €126 by N26 Bank GmbH. This credit will be transferred if the newly set up account is used as a salary account for three consecutive months (with incoming monthly transactions of at least €700 by 31.12.2021 from a bank account not associated with the same name), as well as at least one outgoing card transaction per month (incl. Google/Apple Pay). Following the first card transaction with the N26 bank account, new N26 customers will receive €25 in their N26 accounts immediately. In the event that at least 3 incoming transfers of at least €700 per month are credited to the N26 bank account by 31.12.2021, we’ll transfer an additional credit of 101€. The payout of €101 for new N26 customers onto their N26 bank account will take place automatically within 4 weeks after their 3rd incoming salary transaction. The T&Cs applicable for the respective N26 bank accounts fully apply and can be accessed at any time via n26.com. To be eligible for this promotion, new N26 customers must use the following promotion code during registration: N26GIROKONTO. The registration must take place at the latest by 30.06.2021 and the promotion code must be used during registration. The promotion code may only be used once per customer.

Ah well. So what's the difference between a salary account and a current account?

Yggr of Asgard

jrmb wrote: »

Ah well. So what's the difference between a salary account and a current account?

A German "Gehaltskonto" (Salary Account) is exactly that, it's an account that is used to receive your Salary.

It's the most common account and if your company manages to pay you with the right payment code your account might be free for some banks. Plus, the coding matters for example for overdraft facilities.

JoyOfGood

RonyPonyBah wrote: »

So my account was just cleaned out of a few grand, I submitted the dispute from within the app, and re ordered the card.

How long does this normally take to get sorted and have my money back?

That's shocking! N26 seems to be the easiest to skim. They're the only ones I've ever had unknown transactions from abroad, on two separate cards, which were not processed. I can't recall if it was because of lack of funds or GPS location. Another reason I've decided to stick with Revolut for day-to-day shopping. I had a transaction fail while paying for diesel, because I left my phone in the car. It's an inconvenience, but gives me peace of mind.

I hope the issue gets resolved for you.

irishgeo

Suckit wrote: »

Anyone thinking of signing up you can currently get a free N26 YOU account for 12 months using the code N26FREEYOU

https://twitter.com/n26/status/1402578040023138310

Do I get a free card with you account?


What's to stop me signing up and cancelling once the 12 months are up and just get the card sent out for free?

Yggr of Asgard

irishgeo wrote: »

Do I get a free card with you account?


What's to stop me signing up and cancelling once the 12 months are up and just get the card sent out for free?

There is a debit card included in the "you account".

Once you cancel your "you subscription" (remember to do it before it's up for automatic renewal) your card will remain active, but you lose any other "you account" feature and revert to the basic account (or whatever account model N26 than has).

Just remember to cancel in time to avoid getting charged another full year of "you subscription".

Bummer1234

See n26 bring in split bill similar like revolut, Find this a very handy option when out with friends.

jester77

Looks like they will start supporting crypto soon:
https://financefwd.com/de/n26-serbien/

Officer Giggles

Bummer1234 wrote: »

See n26 bring in split bill similar like revolut, Find this a very handy option when out with friends.

It's a great feature, glad they're introducing it

cefh17

Is anyone seeing the split bill function on their app already?

Officer Giggles

cefh17 wrote: »

Is anyone seeing the split bill function on their app already?

I'm not anyway

irishgeo

How's everyone finding n26?

Any issues with a German IBAN?

Any other comments?

RonyPonyBah

RonyPonyBah wrote: »

Just an update on the following, still no word from N26 whatsoever, not impressed.

Update #3 Still 0 communication from N26, my new card did arrive this morning but it's not much use 😂

Sheep Shagger

irishgeo wrote: »

How's everyone finding n26?

Any issues with a German IBAN?

Any other comments?

Very good.

No

All good, use it as my salary and savings account as it has the bank guarantee. Have Revolut too for day to day spending but that's more because Revolut seems more possible so easier for transfers/bill sits etc.

N26 are supposed to be launching a credit card here, as soon as I do I'll be cutting my final tie with BOI.

FGR

Ah sugar - just discovered that N26 doesn't support outgoing SEPA Instant yet supports incoming SEPA Instant.

Any idea as to whether this will be enabled by them any time soon? I obviously was naïve to think if you had one you had the other.

user1842

jester77 wrote: »

Looks like they will start supporting crypto soon:
https://financefwd.com/de/n26-serbien/

Haha, let's see what BaFin say about that

Yggr of Asgard

user1842 wrote: »

Haha, let's see what BaFin say about that

Giving how N26 now has a BaFin appointed special commissioner due to N26's lack of adherence to basic anti money laundering requirements I would imagine that BaFin will not be happy, especially if the partner for this is in Serbia.

Time will tell but noncompliance with the basic anti money laundering requirements and then crypto might result in some drastic action from BaFin.

jester77

N26 Installments is now live. A bit of a strange feature, you buy something between €50 and €500 and then after buying it you can set up a 3-6 month installment plan, N26 will then refund the full amount and then they will take the first installment right away. All sounds a bit convoluted. Don't see anything about interest rates, supposedly you can set up installments for purchases in the last few months, but none of mine showed as eligible.

Yggr of Asgard

jester77 wrote: »

N26 Installments is now live. A bit of a strange feature, you buy something between €50 and €500 and then after buying it you can set up a 3-6 month installment plan, N26 will then refund the full amount and then they will take the first installment right away. All sounds a bit convoluted. Don't see anything about interest rates, supposedly you can set up installments for purchases in the last few months, but none of mine showed as eligible.

Annual interest rate of 7.49% to 11.99%

jester77

jester77 wrote: »

N26 Installments is now live. A bit of a strange feature, you buy something between €50 and €500 and then after buying it you can set up a 3-6 month installment plan, N26 will then refund the full amount and then they will take the first installment right away. All sounds a bit convoluted. Don't see anything about interest rates, supposedly you can set up installments for purchases in the last few months, but none of mine showed as eligible.

It's only for German customers as far as I can see

Yyhhuuu

I signed up for free with voucher N26 YOU account. How long realistically before I get the Mastercard?

Their online chat was appalling. First person said I only applied for the ordinary n26 account when I definitely signed up for premium account. Wouldn't answer specific question then cut me off before finished. Second chat was just ok. It took ages to get to chat and then very very drawn out. Considering some of these accounts such as n26 you cost 9.90 per month its not great customer.er service. Also I had to take I'd and face photos 3 times before accepted ( and all were crystal clear).
Interesting how they don't need to verify your address like irish banks.
I hope to use it as my main account when kbc leave.
The free travel insurance underwriters Allianz very welcome.

Inter

jrmb

Yyhhuuu wrote: »

How long realistically before I get the Mastercard?

Probably about a week. I'm sorry to hear you had that experience. I'm using N26 for all of my banking now without a hitch.

blade1

When and why did they put a daily limit of €1000?

I remember a good while back taking €2.4k from an indoor BOI ATM.
Was looking to do the same during the week but couldn't.

jrmb

blade1 wrote: »

When and why did they put a daily limit of €1000?

I remember a good while back taking €2.4k from an indoor BOI ATM.
Was looking to do the same during the week but couldn't.

That might be a security setting on that particular card. In the app, if you go to "Cards", select the one you're using, press "Card settings" and then "Limits", can you increase the limit?

Yggr of Asgard

blade1 wrote: »

When and why did they put a daily limit of €1000?

I remember a good while back taking €2.4k from an indoor BOI ATM.
Was looking to do the same during the week but couldn't.

They introduced new account transaction limits as they are under supervision of a special commissioner of the BaFin at the moment and as part of the Anti-Money laundering requirements high cash withdraws are suspicious:

https://support.n26.com/en-eu/payments-transfers-and-withdrawals/balance-and-limits/what-is-the-maximum-i-can-spend

For Ireland a daily limit of €1,000 applies and then it gets even worse as there is now a weekly limit of €2,500.

But I guess that is still high, giving how bunq for example does now have a 250€ limit because you know anything more is suspicious.

random_88

I have to say I’ve become bored of N26 over the last fees years. Their offering in the Irish (and most other markets) pale in comparison to what they offer in Germany. Where is the pan-European banking we were promised by both them and the EU?

jrmb

random_88 wrote: »

I have to say I’ve become bored of N26 over the last fees years. Their offering in the Irish (and most other markets) pale in comparison to what they offer in Germany. Where is the pan-European banking we were promised by both them and the EU?

That's fair, particularly for trivial things like lodging cash in the same way you'd top up a mobile. I read recently that they'd introduced that service for N26 in Greece though. Maybe they would roll it out in Ireland if uptake of their accounts increased here.

jrmb

Yggr of Asgard wrote: »

They introduced new account transaction limits as they are under supervision of a special commissioner of the BaFin at the moment and as part of the Anti-Money laundering requirements high cash withdraws are suspicious:

Thanks, I didn't know that. It turns out that the limit on Irish debit cards is even lower (€700 for PTSB and €600 for AIB).

Officer Giggles

jrmb wrote: »

Thanks, I didn't know that. It turns out that the limit on Irish debit cards is even lower (€700 for PTSB and €600 for AIB).

I was able to withdraw €1,000 in one go from an indoor bank of Ireland ATM a few days ago

jrmb

Officer Giggles wrote: »

I was able to withdraw €1,000 in one go from an indoor bank of Ireland ATM a few days ago

Was that from N26?

Yggr of Asgard

jrmb wrote: »

Thanks, I didn't know that. It turns out that the limit on Irish debit cards is even lower (€700 for PTSB and €600 for AIB).

With PTSB you can withdraw up to 2200€ a day if you have a branch near as you can take 700€ from any ATM and 1500€ from the new Quick bank machine.

blade1

jrmb wrote: »

Was that from N26?

Yeah it's a 1000 now as long as you set the limit to the max in card settings.
It used to be as much as you want before though.

Officer Giggles

jrmb wrote: »

Was that from N26?

Yea and I only have the basic account

Yyhhuuu

Which is the best the N26 YOU or the N26 YOU Business account. I'm not sure what benefit one gives over the other apart from ~.10% cashback reward.

jeffk

Oh look Virgin Media didnt take the direct debt AGAIN

LeeroyJ.

jeffk wrote: »

Oh look Virgin Media didnt take the direct debt AGAIN

I moved it to my wife's Ulster Bank account and set up a standing order straight to her, too much of a hassle with them.

FaganJr

jeffk wrote: »

Oh look Virgin Media didnt take the direct debt AGAIN

Never happened me, have them at least 2 years now

5star02707

Maintenance earlier during lunch time but can login now and use the app.