N26 Black Review – Best Card for Travelers?

The N26 Black card is the premium card from the German mobile bank N26. It’s main benefit is no fees for ATM withdrawals in foreign currencies. The N26 Black card comes with an annual subscription and monthly fee of € 9.90. You can open the N26 bank account within 10 minutes and upgrade to the N26 Black through the N26 mobile app.

Keep reading my N26 Black review to find out more about the features of the premium N26 card.

The N26 Black card is the primary card I use to pay for my expenses when traveling. I ordered the card a few months ago as I was spending the winter in Thailand and I did not want to pay any ATM withdrawal fees.

Just in the UK alone, travelers are wasting £1.3bn a year on fees. I saved more than € 70 on ATM fees since I started using the N26 Black.

The standard N26 Mastercard charges 1.7% of any ATM withdrawal in a foreign currency (not Euros). In Thailand, you are better off with cash as most of the places don’t accept cards and if they do, there is a hefty fee of at least 3% per transaction. Paying with cash is the least expensive payment method in Asia.

Read more about my experience with the N26 cards in my comprehensive N26 review.

  • no fees when paying your bills abroad
  • best currency exchange rate (market rates)
  • only 1.7% fee from ATM withdrawals in foreign currencies

Before you continue reading, note that the N26 Black card is currently available only to users with a permanent residence in the following 22 countries:

Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden, United Kingdom, Switzerland and Australia

N26 Black Card Rating

n26-black-card
Overall Score
83%
Opening a N26 Account
95%
N26 Banking App
90%
N26 Fees
97%
N26 Customer Support
50%

Note that the score for some of the features was adjusted to fit the product. Find out more in my N26 review.

All features of the N26 Black card

In my in-depth N26 review I already mentioned all of the features that come with the N26 app. There are no additional features within the N26 mobile app that will be unlocked with the N26 Black card.

The N26 premium card offers however additional travel insurance and no fees for ATM withdrawals in foreign currencies. Your deposits with the N26 bank are protected up to € 100.000 by the European statutory deposit protection scheme. 

If you travel abroad and plan to withdraw more than € 532 in a foreign currency per month you will save money with the N26 Black card.

Pros and cons of the N26 Black card

  • Free unlimited cash withdrawals
  • Free unlimited card payments worldwide
  • Functional and user-friendly banking app
  • Additional travel insurance
  • World Elite Membership does not include access to airport lounges
  • The travel insurance is covering only trips of max. 90 days
  • The mobile theft insurance won’t cover the full price of your mobile device
  • You will be only covered if you pay all your travel expenses with the N26 Black card
  • € 9.90 monthly fee
n26-black card
Insurance Package

N26 Black

9.90
monthly fee
free ATM withdrawals within Euro-Zone
free ATM withdrawals in other currency than Euros
free worldwide card payments

Can I rely on the N26 Black travel insurance?

You might want to order the N26 Black card to replace your travel insurance when traveling abroad. Before you take that decision, let’s have a look at what is being covered with the N26 Black card insurance and how much excess you need to pay from your own pocket.

The N26 Black insurance is provided by the Allianz Global Assistance insurance based in the Netherlands. All insurance related requests need to be discussed with the insurance company. N26 won’t answer any travel insurance related topics.

The insurance company is targeting its offer to frequent travelers and globe-trotters. I strongly recommend reading their insurance policy if you want to get the N26 Black card just because of their comprehensive insurance package.

  • The travel insurance that comes with the N26 Black is valid only for trips that don’t exceed the duration of 90 days.
  • In addition to that, you will be covered abroad only if you pay the flights (transport) to the destination as well as a return ticket and the accommodation with the N26 Black card.
n26-insurance-min
n26-insurance-baggage-delay-min

What is covered by the N26 Black insurance policy?

Insurance Claim Max. Coverage Excess
Delayed Flight (+4 hours) € 100 / hour (max. € 400) none
Delayed Baggage (+4 hours) € 1.500 none
Trip Cancellation € 7.500 10% - 20% (min. € 25 )
Trip Interruption € 5.000 10% - 20% (min. € 25 )
Medical Expenses Abroad € 150.000 none
Emergency Transport € 2.500 none
Car Rental Excess Deduction € 750 none
Accidents € 50.000 none
Accidents Caused DuringTransportation € 500.000 - € 4 Mio. none
Cash Theft € 500 none
Mobile Theft € 300 € 50
Warranty Extension € 500 € 50
Purchase Protection € 2.500 none

Considering that the insurance comes as an add-on to a debit card, the insurance coverage is pretty solid.

The insurance that comes with the N26 Black card is not suitable for long-term travelers as its only valid for trips that don’t exceed 90 days - the insurance company will ask for documents such as flight tickets to proof the duration of your trip. You can make an insurance claim through the N26 app. Learn more about it here.

If you travel abroad for a longer period, don't rely on the insurance that comes with the N26 Black. In case of an emergency, insurance companies such as Safetywing and Worldnomads offer much better services. 

FAQ about the N26 Black card

How much is the N26 Black card?

N26 Black, the premium Mastercard from the German mobile bank N26 comes with an annual subscription which is paid monthly. The N26 Black cost € 9.90 per month. The fee will be automatically deducted at the beginning of your 30 day period.

What is an N26 Black card?

The N26 Black is the premium Mastercard from the digital bank N26. It’s available in 22 European countries, including the UK and Ireland. The N26 Black card offers additional travel insurance coverage and no fees on ATM withdrawals in foreign currencies.

How to upgrade to the N26 Black?

You can upgrade to the N26 Black card through your N26 mobile app. Open the tap Upgrade to order your N26 Black. Be aware that the first monthly fee will be deducted as soon as you make the order and not when the card is shipped to your home.

Conclusion of the N26 Black review

The N26 Black is overall a great deal. People who frequently travel and withdraw cash in foreign currencies will save money on fees with the N26 Black card.

The travel insurance that comes with the N26 Black is not a replacement for anyone who is traveling long-term, but that’s also not its main feature.

Apart from the monthly fee of € 9.90 you can use your N26 Black debit card almost everywhere in the world.

It is always recommended to have at least one spare card in case of a loss. Revolut could be a good option for you. Read my comparison between N26 and Revolut here.

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