N26 vs Monzo - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like N26 and Monzo have emerged as leading choices. Both N26 and Monzo online platforms offer efficient and cost-effective and secure international money transfers from N26 and Monzo.

We compare N26 vs Monzo into the unique features and benefits that distinguish N26 vs Monzo, empowering you to make an informed decision based on your specific transfer needs like N26 vs Monzo fees, currencies available, available payment methods on N26 compared to Monzo, support options offered by N26 vs Monzo, speed and more.

N26 vs Monzo: Quick Feature Comparison

  1. Visit N26 alternative N26 Visit N26

    Used By: 7,000,000
    Currencies Available: 54
    Transfer Fees: 0.5-3 EUR
    Payment Methods: Maestro and debit Mastercard, or use MoneyBeam to send funds to other N26 users. Add your debit Mastercard to Google Pay or Apple Pay for quick digital payments wherever you are.
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 999999999 EUR (SEPA Credit Transfer), 100000 EUR (Sepa Instant Credit Transfer)
    Year Founded: 2013

  2. Visit N26 alternative Monzo Visit Monzo

    Used By: 5,000,000
    Currencies Available: 1
    Transfer Fees: none
    Payment Methods: bank transfer, phone contact
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 10000 GBP
    Year Founded: 2015

N26 vs Monzo: Pros and Cons

N26 vs Monzo
Advantages

N26 Advantages Monzo Advantages
  • N26 has been serving clients for over 11 years
  • N26 is available internationally.
  • N26 has multiple currency options.
  • N26 provides phone customer support.
  • N26 provides email customer support.
  • N26 is available to iOS Apple device users.
  • N26 is available to Android mobile device users.
  • Monzo provides phone support.
  • Monzo offers registered customers email support.
  • Monzo has a Apple iOS app on Apple app store.
  • Monzo offers a Android Google Play Store mobile app.

N26 vs Monzo
Disadvantages

N26 Disadvantages Monzo Disadvantages
  • N26 has no PayPal support.
  • N26 has no Neteller payments support.
  • N26 has no Skrill payment support.
  • N26 does have a mobile digital wallet like some others.
  • No home delivery with N26.
  • No cash pickups with N26.
  • No money order support with N26.
  • No live chat support with N26.
  • Monzo has no PayPal option.
  • Monzo has no Neteller option.
  • Monzo has no Skrill option.
  • Monzo is not available is as many regions as some other providers.
  • Monzo has few fiat currency then some others.
  • No digital wallets with Monzo.
  • No Monzo home delivery.
  • No Monzo Cash pickups.
  • No Monzo money order option.
  • No Monzo Livechat.

N26 vs Monzo Fees and Other Costs

Fee type N26 Fees Monzo Fees
Transfer Fees 0.5-3 EUR none
Min Transfer none none
Max Transfer 999999999 EUR (SEPA Credit Transfer), 100000 EUR (Sepa Instant Credit Transfer) 10000 GBP
Payment Methods Maestro and debit Mastercard, or use MoneyBeam to send funds to other N26 users. Add your debit Mastercard to Google Pay or Apple Pay for quick digital payments wherever you are. bank transfer, phone contact
Currencies AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW GBP

N26 vs Monzo Restricted Countries

N26 Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Monzo Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

N26 vs Monzo Transfer Speeds

Transfer Speed N26 Monzo
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

N26 vs Monzo Languages

N26 Supported Languages

Monzo Supported Languages

N26 vs Monzo Verdict - Which is better?

Which is best out of N26 and Monzo depends on your needs.

  • N26 vs Monzo Transfer Fees: Transferring money with N26 costs 0.5-3 EUR while Monzo charges none.
  • N26 vs Monzo Supported Currencies: N26 deals in over 1, where as Monzo offers transactions in 1.
  • N26 vs Monzo Payment Methods: N26 accepts Maestro and debit Mastercard, or use MoneyBeam to send funds to other N26 users. Add your debit Mastercard to Google Pay or Apple Pay for quick digital payments wherever you are., while Monzo allows transactions via bank transfer, phone contact.
  • N26 vs Monzo Transfer Limits: N26 allows transfers between none and 999999999 EUR (SEPA Credit Transfer), 100000 EUR (Sepa Instant Credit Transfer). Monzo's range is none to 10000 GBP.
  • N26 vs Monzo Minimum Age for Account Creation: N26 requires users to be at least 18 years old, where as Monzo has a minimum age requirement of 18.
  • Contact Number: You can reach N26 at 442035107126 and Monzo at 00 44 20 3872 0620.
  • N26 vs Monzo Countries of Operation: N26 operates in over 1 countries but has restrictions in over 1 countries. Monzo serves 1 countries and restricts operations in 1 countries.
  • N26 vs Monzo Client Base: N26 is used by 7, where as Monzo serves 5.
  • N26 vs Monzo Year Founded: N26 was established in 2013 and Monzo began its operations in 2015.
  • N26 vs Monzo Customer Rating: N26 holds a rating of 3, in contrast, Monzo has a rating of 3.
  • N26 vs Monzo Headquarters: N26 has its headquarters at Berlin, DE, while Monzo is based at London, UK.
  • N26 vs Monzo Employee Count: N26 employs 1,500 individuals, where as Monzo has a team of 1,551.
  • N26 vs Monzo Estimated Annual Turnover: N26 turnover stands at 151500000, while Monzo boasts a turnover of 80000000.
  • N26 vs Monzo Founder: N26 was founded by Sergi Perez Lerin, holding the position of Head of SEO. On the other hand, Monzo was the brainchild of Carol Kobuke Nelson, currently holding the position of CEO.
  • N26 vs Monzo Supported Languages: N26 offers support in over 1 languages. Monzo communicates in 1.

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N26 vs Monzo Alternatives Guides

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Screenshots

N26 Screenshot

N26 Screenshot

Monzo Screenshot

N26 Screenshot