N26 savings rates 2026: savings account and fixed-term deposit
In October 2026 the interest rate of N26's Instant Savings account is 0.30% on the free Standard account and 1.50% on the paid Metal account. N26 does not withhold tax from the interest of Finnish customers, so the interest income is declared yourself in the tax return.
N26 savings accounts
| Account | Rate | Tiering | Withdrawals | Minimum | Rate can change | Fees |
|---|---|---|---|---|---|---|
| N26 Instant Savings | 0.30% | By plan (before tax, from 11 June 2025): Standard and Smart 0.30%, N26 Go 0.50%, Metal 1.50% | Deposits and withdrawals at any time without penalty fees. | not available | Yes | Savings account without an extra fee; the Smart, Go and Metal plans are paid. |
- N26 Instant Savings: Requires an N26 bank account (German IBAN). People living in Finland can open an account. N26 does not withhold tax from non-German residents, so the interest is declared by yourself in Finnish taxation. N26's flexible cash fund (2.57%) is not a deposit.
Terms and opening an account
| Fact | Value |
|---|---|
| Head office | Germany |
| Opening online as a new customer | Yes |
| Requires a current account or customer relationship | Yes |
| Information checked | 16 October 2026 |
Deposit guarantee and taxation
German deposit guarantee (German Deposit Protection Scheme), €100,000 per customer per N26. No Finnish branch.
Withholding tax: not withheld in Finland, declare it yourself. Finnish withholding tax is not withheld, so you declare the interest yourself. Interest you declare yourself is capital income: 30% up to €30,000 and 34% on the part above that. Foreign tax under a tax treaty is credited in Finland against the tax that Finland imposes on the same income, but not more than the tax that would be payable in Finland on the income. If the source state has collected more than the tax treaty allows, the excess tax is not credited in Finnish taxation, and a refund is claimed from the source state. Read more in the guides deposit guarantee and tax on savings deposits.
Calculate the return
Enter the amount and the term in the savings rates calculator to see the gross interest, the tax and the net interest of N26 compared with other providers. See all providers in the savings rates comparison.
See also
- Savings rates comparison
- Fixed-term deposits compared
- Savings account vs fixed-term deposit
- N26 price list and service fees
Similar savings rates
Sources
- N26: Savings account (Instant Savings)retrieved 16 October 2026
Information checked 16 October 2026. Always check the current rate and terms with the provider.
Frequently asked questions
How much interest does N26 pay on a savings account?
In October 2026 N26 savings accounts and rates: N26 Instant Savings 0.30%. Note: no Finnish branch; tax not withheld in Finland.
Is a deposit at N26 safe?
German deposit guarantee (German Deposit Protection Scheme), €100,000 per customer per N26. No Finnish branch. The cover limit in the EU is €100,000 per depositor per bank.
Is withholding tax deducted from the deposit interest at N26?
Not withheld in Finland, declare it yourself. Finnish withholding tax is not withheld, so you declare the interest yourself. Interest you declare yourself is capital income: 30% up to €30,000 and 34% on the part above that. Foreign tax under a tax treaty is credited in Finland against the tax that Finland imposes on the same income, but not more than the tax that would be payable in Finland on the income. If the source state has collected more than the tax treaty allows, the excess tax is not credited in Finnish taxation, and a refund is claimed from the source state.