N26 Credit offers unsecured loans from €1,000 to €25,000, with flexible repayment periods between 12 and 60 months. The effective annual interest rate starts at 4.06%, making it competitive for personal lending, though your rate will depend on your credit score and chosen term. Approval and offer take under a minute through a fully digital process in the N26 app, so no paperwork is needed. Once accepted, funds are sent directly to your N26 account, so you can use the money right away.

How to Apply for N26 Credit

1. Make sure your N26 account is at least 90 days old.
2. Open the N26 app and go to the Finances tab.
3. Select ‘Extra Funds’ and input your desired loan amount and term.
4. Receive your personalized offer instantly.
5. Review, electronically sign, and get your funds—no paperwork required.

Key Pros of N26 Credit

One major advantage is speed: offers arrive in less than a minute, and the process is 100% paperless. Rates are transparent, and customers control the term and amount to match their budget.

Additionally, loan details and progress are easily managed within the N26 app, keeping everything in one place for simplicity and clear financial oversight.

Considerations and Cons

Term flexibility and easy management come at the cost of strict eligibility—applicants need a SCHUFA credit score. Those without it, or those new to Germany, may not qualify right away.

Interest rates will rise if your credit history isn’t perfect, and only customers with N26 accounts of three months or longer can apply.

Our Verdict on N26 Credit

If you’re already an N26 customer and want a completely transparent, quick digital loan with clear terms, N26 Credit is an excellent choice. It stands out for its convenience and fast funding.

However, it’s less suitable for people without a strong German credit profile or those new to N26. Still, for eligible users, it’s a top option for personal lending in Germany.