My favorite European bank, N26, recently confirmed that they would open registrations for their UK current accounts in November 2018.
After running a closed “friends & familiy” beta during November, they finally opened up for public registrations on December 1, 2018.
Not only are N26 expanding to the UK, but they will also launch in the US in the first half of 2018.
How to open an N26 account in the United Kingdom now
You can already open an N26 account while being located in the UK right now.
To get even more information about the account opening process read this detailed article.
What features do N26 offer in the UK?
The product is virtually the same as in the rest of the EU, the primary difference is that you’ll get a UK account number and sort code. N26’s banking license is also valid in the UK, so your deposits will still be insured up to the equivalent of €100,000.
If you can send SEPA transfers from your UK N26 account or if you need to use the built-in TransferWise integration remains to be seen. My bet is the latter, at least for now.
The following features will only be available a bit after the official launch:
- Apple & Google Pay
- Premium accounts (Black & Metal)—but you can sign up for a free personal account at launch and upgrade it later
It’s likely that they will offer their premium cards soon after the launch, to compete with Revolut & Curve for the more premium segment of the market. Time will tell.