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Interestingly, N26 here in Germany advertises with “no hidden charges” and then goes on to charge you for almost everything. Like using an ATM more than 3 times
by tnolet 7y ago
Interestingly, N26 here in Germany advertises with “no hidden charges” and then goes on to charge you for almost everything. Like using an ATM more than 3 times a month. What?
- pzumk 7y agoWhich is not a hidden charge because they tell you in their app and via email, also when registering an account. N26 wants you to use their cards (or Apple Pay), and to be honest I have not been withdrawing any money from an ATM for 5+ months. I’m from Hannover, Germany.
- _-___________-_ 7y agoVisit Berlin some time and you'll see why someone in Germany might want to take cash out more than 5 times a month :)
- Hamuko 7y agoMy free N26 has five free ATM withdrawals per month. However, that is about five more than I use in the median month, so I don't really care about it. I really only need cash when buying second-hand and really even second-hand transactions are increasingly turning to mobile payments.
- rkachowski 7y agoit was free until around 4 years ago, and they shut down accounts that were making too many withdrawals (to large public backlash) https://www.finextra.com/newsarticle/29004/number26-closed-accounts-because-customers-made-too-many-atm-withdrawals https://www.finextra.com/newsarticle/29004/number26-closed-a... it was around this point that DKB also realised they could do this and stopped allowing atm withdrawals less than 50 eur