N26 US Expands Debit Card Perks Program

The U.S. subsidiary of Germany’s mobile bank N26 has expanded its Perk partnerships for debit cardholders, the company said in a press release on Tuesday (Dec. 10).

One of the few banks to offer debit cash-back rewards and discounts, N26’s new Perk partners include Booking.com (up to 15 percent cash back); Lime (50 percent off on rides); Headspace (up to 8 percent cash back on a monthly subscription); Babbel (up to 8 percent off a monthly subscription); Curology (5 percent discount on a customized skincare monthly subscription); Headout (up to 10 percent off three Broadway show tickets); and YOOX (discount on three purchases).

Some Perks are ongoing and others are available for a limited time only. Customers can get full information in the new “Explore” tab in the N26 app.

“N26 aims to connect all aspects of our users’ lives seamlessly and that includes partnering with their favorite brands,” said Nicolas Kopp, U.S. CEO of N26. “These new Perks enable our customers to receive benefits and discounts when booking travel, trying new experiences and products, or simply using the products they love every day. This is just one way we aim to help make our customers’ money work for them.”

One of Europe’s fastest-growing mobile banks, N26 also offers direct deposit customers the ability to get their salary up to two days early. All accounts also come with Spaces, which gives users the ability to organize financial goals. Cash withdrawals are free at more than 55,000 Allpoint designated ATMs and customers also get two free out-of-network withdrawals per month.

N26 was founded in 2013 by Valentin Stalf and Maximilian Tayenthal. Since the initial product launch in 2015, N26 has reached more than 3.5 million customers in 25 markets in Europe.

N26 started rolling out in the U.S. in July. N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account.