N26 Vs. Monzo

Monzo VS N26. Which is better? Both Monzo and N26 are fully regulated and well-trusted international mobile banks, with millions of customers in different countries.

Both offer a modern and highly technological approach to banking via handy smartphone apps and save a lot of time and money for the users. While headquartered in Berlin N26 fit just fine for most European countries, Monzo is limited for UK residents and spending in GBP.

	n26.com VS	monzo.com
Established	2013	2015
Trustpilot Rating	Excellent	Great
Available for Registration From	UK, EU, US*(Brazil in a waiting list)	UK*(USA in a waiting list)

Regulation
FCA (UK)
ECB (The Europiean Central Bank)
Cifas
PRA
Other	BaFin (Germany)

Key Features in a nutshell
Current & Checking Account (Local & International)		UK Only
Budgeting & Saving Plans
Online & Offline Payments
Direct Debits (Free)		UK Only
Cash Withdrawals & Deposits (Local & International)
Cash Top-Ups	Germany Only	UK Only
Save up for a specific goal via sub-accounts
Withdraw and deposit cash for free at retail partners	Germany only
Web Version (Desktop)		Freeze/Unfreeze Only
Apple & Google Pay

Safety
Two-factor payment authentication
Information stored in a secure data center
Fingerprint login
Segregated customer accounts
Card locking from within the App
Deposit protection (Loss compensation guarantee)	Up to €100,000	Up to £85,000

Fees & charges
Free account
Monthly Fee	Premium plans from €9.90/m
Exchange Rate	Low, Interbank rate	Low, Interbank rate
Direct Debits	Free	£1 fee
Savings interest	Up to 1.48% interest on saving account (Germany & Austria)	Up to 1.55% interest on savings over £1,000 (UK only)
Card delivery fee

Top-Up Methods
Bank transfer
Debit Card		UK only
Cash	Germany, Austria, and Italy	UK Only
Cheque		UK Only

Sending & Receiving Options
Scheduled & Recurring Payments
Delivery Speed	0 – 2 business days (local) 5 – 7 business days (International)	0 – 2 business days (local) 3 – 5 business days (International)
Currencies	19	35

Mobile App
Languages available	5
App UX	5/5	4.5/5
Mobile Adaptive Website
Spending Visual Statistics (Graphs)

Score	9.8	8.5

	Visit N26 N26 Review	Visit Monzo Monzo Review

n26.com VS	monzo.com
Overview
Established
2013	2015
Trustpilot Rating
Excellent	Great
Available for Registration From
UK, EU, US*(Brazil in a waiting list)	UK*(USA in a waiting list)

Regulation
FCA (UK)

ECB (The Europiean Central Bank)

Cifas

PRA

Other
BaFin (Germany)

Key Features in a nutshell
Current & Checking Account (Local & International)
	UK Only
Budgeting & Saving Plans

Online & Offline Payments

Direct Debits (Free)
	UK Only
Cash Withdrawals & Deposits (Local & International)

Cash Top-Ups
Germany Only	UK Only
Save up for a specific goal via sub-accounts

Withdraw and deposit cash for free at retail partners
Germany only
Web Version (Desktop)
	Freeze/Unfreeze Only
Apple & Google Pay


Safety
Two-factor payment authentication

Information stored in a secure data center

Fingerprint login

Segregated customer accounts

Card locking from within the App

Deposit protection (Loss compensation guarantee)
Up to €100,000	Up to £85,000

Fees & charges
Free account

Monthly Fee
Premium plans from €9.90/m
Exchange Rate
Low, Interbank rate	Low, Interbank rate
Direct Debits
Free	£1 fee
Savings interest
Up to 1.48% interest on saving account (Germany & Austria)	Up to 1.55% interest on savings over £1,000 (UK only)
Card delivery fee


Top-Up Methods
Bank transfer

Debit Card
	UK only
Cash
Germany, Austria, and Italy	UK Only
Cheque
	UK Only

Sending & Receiving Options
Scheduled & Recurring Payments

Delivery Speed
0 – 2 business days (local) 5 – 7 business days (International)	0 – 2 business days (local) 3 – 5 business days (International)
Currencies
19	35

Mobile App
Languages available
5
App UX
5/5	4.5/5
Mobile Adaptive Website

Spending Visual Statistics (Graphs)


Score
9.8	8.5

Visit N26 N26 Review	Visit Monzo Monzo Review