Joint Accounts and N26

N26 is the most popular fully digital bank in Ireland. They have over 3.5 million customers in Europe
It is a fully licenced EU bank that comes with a Mastercard debit card. All deposits with N26 are covered by the German Bank Guarantee (up to €100,000)
There are no branches – you operate the account using the N26 app on a smartphone or on a PC. (Smartphone required to set up an account)

Irish residents can sign up for N26 here

N26 and Joint Accounts

One thing that puts some people off using N26 in Ireland is that they don’t currently allow joint or shared accounts. You get just one N26 Visa debit card and the N26 app can only be activated on one phone.
But there are some ways around this to enable an N26 bank account to be used almost like a joint account.

N26 works with Google Pay and Apple Pay. So you can register the N26 card with Google Pay or Apple Pay on more than one device.

If a couple were to do that – then they could both make purchases using the N26 card without actually both having access to the physical card.
One of them could also keep the actual card and use that when needed too.

Also – because N26 also allows account access via PC / Mac – then it is possible for a couple using N26 to view transactions and balances without both people having access to the phone with the N26 app installed on it.

We have checked – and the same N26 card can be used by Google Pay and Apple Pay on more than one device without any problems.
N26 Website

There are some banking apps available in Ireland that do allow Joint or Shared Accounts .

The bunq joint account costs €9.99 per month and also caters for joint accounts.

N26 Shared Spaces – Is On the Way.
N26 say they will soon be launching a new feature called Shared Spaces. This will only be available on the paid-for N26 You” account (€9.90 a month.)
Shared Spaces will allow 2 or more (max 10) N26 account holders to share money together in one place. One N26 account holder sets up the shared space and invites others to join.
The person who originally created the shared space is the sole owner of the space and the funds in it, but they are granting ‘Power of Attorney’ to the other participants to allow them to transfer money in and out. For example – the main account holder could set up a shared space with their partner. The partner could agree to transfer €500 a month to the shared space to cover bills. The main account holder would then just transfer money from the shared space into the”main” account to be used for payments.).

Each participant can easily transfer money between the shared space and their own N26 account, and even keep track of all transaction activities just by viewing the space details. This is currently in beta test mode for limited accounts – but hopefully will be fully launched later this year or early 2020

Revolut is also popular in Ireland. It is an “electronic money institution” , not a bank. Revolut does not allow joint or shared accounts – but they do allow the issuing of second debit card. Both cards can be active at the same time – so this would be a workaround for a couple wanting to use Revolut like a joint account. They could also register the Revolut card on separate devices with Apple Pay or Google Pay.

Revolut and N26 Compared