N26 today announced the launch of N26 for under 18s, a new kids’ debit card designed for children aged 7 to 17, managed through their parent’s N26 app. The product gives kids their own debit card, empowering them to embark on their first experiences with financial independence and money management. Parents stay in full control through their N26 app, where they can manage spending limits, card settings, and all account activity.This launch marks a strategic milestone in N26’s ambition to build a holistic, digital-first banking offering for the entire family. With N26 for under 18s, the company is taking its next step to build a seamless financial ecosystem for families, connecting loved ones, allowing customers to manage their finances together, and building future wealth across life stages – from childhood and adolescence to adulthood - all within the N26 app.First Step to Financial IndependenceN26 for under 18s is specifically built to address the needs of parents in managing the family's finances and actively involve their children in everyday financial decisions, fostering responsible spending and saving habits from an early age. The product provides a unified view of their child’s spending alongside their own, while allowing parents to effortlessly guide their child's first steps in money management in an increasingly cashless world, all within a completely secure environment.By introducing children to digital banking and structured money management early on, N26 enables families to build financial understanding that can evolve over time into saving, investing, and long-term wealth accumulation.N26 for under 18s operates as a dedicated Space with its own IBAN, within the parent’s existing N26 account. The child receives a Mastercard debit card issued under their name, with full parental oversight and control in real time. This includes:

• Easy Top-Ups and Spending Limits: Parents can effortlessly top up funds and set customizable spending limits on their child’s card, directly in the N26 app.
• Real-Time Notifications: The option to receive real-time notifications, keeping parents informed instantly.
• Instant Card Control: The ability to instantly freeze or unfreeze the card anytime from the app.
• Full Financial Safety: The account has no overdraft capability, ensuring spending is strictly restricted to the balance provided by the parent.
• Holistic Family View: Parents can manage their personal finances, the child’s Space, and even a joint account with their partner, all within the N26 app.

Opening an N26 for under 18s space is streamlined and hassle-free, requiring only a parent’s active N26 account and a valid birth certificate for verification. To make the experience truly personal, kids and teens can choose from 7 exclusive card designs.