N26 vs. Revolut — which neobank is right for you?
N26 and Revolut are the two best-known neobanks in Germany. Both offer free basic accounts, an intuitive app and Europe-wide usability — but the details reveal important differences.
Account & IBAN
N26 issues every customer a German IBAN, making direct debits and standing orders straightforward. Revolut assigns a Lithuanian IBAN (LT...), which some German companies may still reject.
Fee comparison
- N26 Standard: free — 3 free cash withdrawals per month in the Eurozone
- Revolut Standard: free — unlimited card payments, currency exchange up to €1,000/month at interbank rates
International use
Revolut excels with foreign currencies: payments in over 150 currencies at interbank rates. N26 charges no markup on card payments in foreign currencies but does not offer built-in currency exchange.
Who should choose N26?
N26 suits anyone who prefers a real German IBAN, solid customer support and a traditional banking experience.
Who should choose Revolut?
Revolut is ideal for frequent travellers and anyone who regularly needs foreign currencies — thanks to real-time exchange rates and a built-in currency tool.
Conclusion
Both accounts can easily be used side by side. Use N26 for everyday German banking and Revolut for travel and international transfers.