Upfront Payments for Premium membership plans
Your membership contract is valid for one year, after which it automatically renews for an indefinite period until you cancel it—this can be done at any time (see below).
Which billing options are available to me?
You can choose to pay for your annual membership fee on a monthly basis, or pre-pay multiple months (e.g. 6 or 12 months) to receive a discount. This doesn’t affect the length of your annual contract.
For example, if you choose to prepay 6 months at a time, you’ll make one payment for the first 6 months of your yearly contract when your membership begins, and a second payment in 6 month’s time for the second half of your yearly contract.
How and when can I pay?
Your membership will become active and you’ll receive full access to your premium benefits only after you pay the first membership fee. You can choose to pay your first fee by using a debit or credit card, Apple Pay or Google Wallet, which will give you instant access to your premium features right after you’ve verified your identity. Alternatively, you can choose to top up your account balance, and we'll automatically deduct the first membership fee from your account.
If we haven’t received your payment for the first membership fee (i.e., your first monthly fee or your first prepayment) within the first 15 days after you’ve proved your identity, we’ll deduct this fee automatically from your N26 account at that time and grant you access to your premium benefits. After this, your membership fee will be automatically deducted from your N26 account according to the billing option you’ve selected.