N26 vs Nequi.
N26 (N85/100) and Nequi (N75/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. N26 leads Nequi 7-1.
| N N26 №03 · BaFin 85 /100 | N Nequi №20 · Full Colombian banking licence via Bancolombia parent 75 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 85 /100 | 75 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | 3.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank BaFin | Full bank |
| Deposit guarantee Per depositor | €100,000 EU.DGS.DE | €50,000,000 CO.FOGAFIN |
| Reach | ||
| Markets served Licensed jurisdictions | 24 countries | 1 country |
| Crypto Coins available | 400 coins | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 4.1 ★ 130k reviews | — |
| App store iOS + Android avg | 4.6 ★ iOS 4.8 · And 4.4 | 4.5 ★ iOS 4.5 · And 4.4 |
| Read review → | Read review → | |
Pick N26 if…
Pick if you want a German credit institution and a DE IBAN that every European employer recognises without question.
Pick Nequi if…
Bancolombia's digital banking arm — Colombia's largest neobank by user count (~17M). Operates under the Bancolombia full-bank licence; FOGAFIN cover applies. Mass-market reach + Bancolombia ATM network. The default Colombian neobank for COP-resident readers.
- Best for fees N26 won 1 of 4
- Best for protection Nequi won 1 of 2
- Best for reach N26 won 3 of 3
- Best for ux N26 won 2 of 2
N26 vs Nequi — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is N26 better than Nequi?
Under our v3 methodology, N26 leads Nequi 7–1 across 12 dimensions. Composite scores: N26 85/100 vs Nequi 75/100. N26 is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is N26 or Nequi cheaper?
Monthly fee — N26: €0; Nequi: €0. Card FX markup — N26: Interbank; Nequi: 3.00%. N26 wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, N26 or Nequi?
N26 holds a Full bank licence under BaFin; deposit guarantee per depositor: €100,000. Nequi holds a Full bank licence under Full Colombian banking licence via Bancolombia parent (Superintendencia Financiera de Colombia regulated); FOGAFIN member, COP 50,000,000 cover per depositor. // TODO(verify).; deposit guarantee per depositor: €50,000,000. Nequi is the stronger pick on regulatory protection.
Where can I use N26 and Nequi?
N26 operates in 24 countries; Nequi operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.