N26 and Wise are top picks in digital banking for those looking to save money. They each have unique benefits that make choosing between them important. This digital banking comparison guide will help you understand the N26 benefits and Wise advantages. It’s designed to guide you through international money transfers and other banking needs.
Wise has a high Trustpilot rating of 4.6 out of 5 from over 125,000 reviews. N26 also has a good rating of 4 out of 5 from around 18,000 reviews. Wise’s app is highly rated on Google Play and Apple App Store, while N26’s app scores well too.
N26 and Wise are big in international markets. N26 is in 25 European countries, and Wise lets users send money to over 50 countries. Wise is known for being simple, cost-effective, and fast. N26 is praised for its quick and easy service.
This bank choice guide aims to give you the lowdown on N26 and Wise. It covers their main offerings, customer experience, and performance. We hope it helps you make a smart choice for your financial needs.
Understanding the Core Offerings
Financial platforms have changed a lot with new digital banking. Knowing what N26 and Wise offer helps you make better choices. They both have unique features for people all over the world. Let’s look at what N26 and Wise can do.
Wise is known for its multi-currency accounts, supporting over 40 currencies. This is great for people who deal with money in different countries. N26, on the other hand, mainly works with Euro, USD, and GBP. Wise’s wide range of currencies and no hidden fees make it stand out.
N26 offers free transactions in any currency and free ATM withdrawals in euros. This is perfect for travelers. Wise lets you hold and exchange over 50 currencies at real rates, saving you money compared to traditional banks.
Wise gives you 2 free monthly ATM withdrawals up to €200. N26’s free plan lets you withdraw 3 times a month, with more for higher plans. Revolut offers up to €200 per month or 5 withdrawals on its free plan. This shows there are many options in digital banking.
N26 has about seven million customers in the EU, giving them full banking services like overdrafts and travel insurance. Revolut, with over ten million customers, offers budgeting tools, travel insurance, and international stock trading. These partnerships show how digital banks work together for better services.
Digital banking is a key area of growth, affecting many financial aspects. N26 and Wise offer different options, giving users a wide range of choices. This ensures users can find the best banking experience for them.
Guide to N26 vs Wise
When comparing N26 and Wise, it’s key to look at their strengths. N26 has a full banking license, giving you deposit protection and various account choices. Wise, on the other hand, is great for holding multiple currencies and cheap international transfers, perfect for those who travel a lot.
Both have easy-to-use mobile apps, scoring 10 out of 10. Wise leads in account management (7.0 vs N26’s 6.0) and customer support (9.0 vs N26’s 7.0). Wise also wins for making card payments, scoring 9.5, while N26 scores 9.0.
Looking at fees and exchange rates, both are good for everyday use with no fees. Wise is better for online spending at 9.0, while N26 is perfect at 10.0 for ATM withdrawals. Both are strong for international spending, scoring 8.0.
N26 is secure and reliable, scoring 8.0, but Wise is even better at 10.0. N26 has 7 million customers and almost 1,500 employees. Wise, with over 10 million customers and $565 million in revenue, is more appealing and solid.
Wise is known for clear pricing, scoring 10, while N26 scores 8.0. Both are great for everyday costs, making them smart choices for banking.
| Key Metrics | N26 | Wise |
|---|---|---|
| Background Check | 8.0 | 10 |
| Security & Reliability | 8.0 | 7.0 |
| Number of Customers | 7 million | 10 million |
| Annual Revenue | – | $565 million |
| Usability (Mobile App) | 10 | 10 |
| Contacting Support | 7.0 | 9.0 |
| Card Payments | 9.0 | 9.5 |
| Online Spending | 10 | 9.0 |
| ATM Withdrawals | 9.0 | 6.0 |
| International Spending | 8.0 | 8.0 |
| Trustpilot Rating | 3.7 / 5 | 4.2 / 5 |
| User Rating | 3.7 / 5 | 3.9 / 5 |
Customer Experience and Performance
N26 and Wise have both received great feedback for their digital banking services. N26’s app is easy to use and supports six languages. This shows they care about serving a wide range of customers across Europe and the USA.
Wise is known for making international money transfers easy. They work with N26 to send money to 35 countries and 35 currencies. N26’s app also shows the exact exchange rate before you send money, making it clear and fair.
N26’s app has high ratings, with 4.8 stars from 81,000 iOS reviews and 3.7 stars from 110,000 Google Play reviews. This shows their app is user-friendly and reliable. Trustpilot also gives N26 a 3.8 rating from over 31,000 reviews. For more on the best online banking, check out this guide.
Both N26 and Wise support modern payment methods like Apple Pay and Google Pay. Digital banking is becoming more popular, with over half the world expected to use it by 2026. So, it’s important for banks like N26 and Wise to focus on making their services user-friendly and efficient.
