N26 launches Joint Accounts to help customers to manage shared finances

By Gloria Methri

N26, the European digital bank, has announced the launch of Joint Accounts in 21 new markets. Joint Accounts allow N26 customers to manage their personal finances and finances shared with a partner—all in one app and at no extra cost. This reduces complexity and makes it easier than ever to budget, track expenses, and achieve financial goals together.

The new feature will be available to customers in Austria, Belgium, Denmark, Estonia, Finland, Greece, Iceland, Ireland, Latvia, Liechtenstein, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

From today, N26 customers in these markets with accounts across all personal membership tiers, including the free N26 Standard, can create a Joint Account with just a few taps directly within their N26 App. The feature’s simple and user-friendly interface allows its users to filter expense information by participant and keep track of the joint monthly budget, thereby promoting healthy financial habits. Smart insights and full legal ownership for both participants offer added safety and transparency.

Each N26 customer can create one Joint Account, with a maximum of two customers participating in a Joint Account together. Every Joint Account comes with its own dedicated IBAN, making shared expenses like rent payments or household expenditures easy to manage and split. The Joint Account can be linked to both customers’ personal virtual and physical cards within the N26 App for a convenient everyday banking experience.

“N26 customers can open a Joint Account with their partner or loved one in just a few taps, without complexity or tedious paperwork,” said Valentin Stalf, Founder and CEO of N26. “This way, our customers can easily manage their personal and shared finances within our app while building healthy financial habits and achieving their financial goals together.”

N26’s Joint Accounts will complement its existing Shared Spaces feature, which allows customers with a premium subscription to create shared sub-accounts with close contacts without the long-term commitment of a joint bank account.