The online bank N26 says that it continues to expand its product portfolio and grow in the realm of credit. The European digital bank has recently announced the launch of personal loans for customers in Spain, a consumer credit solution available from “1,000 to 15,000 euros with interest rates starting from 4.06% APR.”
N26 also introduces a “flexible” overdraft with a “fixed interest rate of 11.63% APR.”
With these new products, N26 says that it reinforces its commitment to offering flexible, and competitive financial solutions “adapted to the real needs of its clients.”
According to the Financial Literacy Survey, conducted by the Bank of Spain, personal loans were the second “most contracted financial product in Spain.”
16% of the population claims to have acquired “a personal loan in the last two years, placing it behind credit cards as one of the most popular options among consumers.”
Regarding the volume of consumer credit, the balance in personal loans grew by 7.6% in H1 2025 and is “approaching levels not seen since 2012, according to the national supervisor.”
N26’s new personal loan allows clients to request amounts between 1,000 and 15,000 euros with a repayment term of “12 to 60 months and interest rates ranging from 4.06% APR up to 13.69% APR.”
The final price of the loan is described as being personalized and is said to be based “on the amount requested, the chosen repayment term, and the customer’s creditworthiness.”
The loan concession process is carried out “digitally from the N26 app and offers customers an instant decision.”
Antón Díez Tubet, GM of N26 for Spain and Portugal said that with personal loans, N26 wants to give clients “access to one of the most demanded financing tools in Spain at one of the most competitive prices in the market.”
Whether it’s to finance a renovation, continue education, or buy a car, we put loans at their disposal designed to “accompany them in key moments of their lives.”
They aim for credit to be understood “not as a burden, but as a tool that, when used responsibly, can provide value and help people advance in their life goals.”
And via Flexible Overdraft, N26 offers a short-term financing solution to help customers manage “unexpected expenses.”
With a annual interest rate of “11.63% APR calculated based on the outstanding balance and number of days of use, this service allows for additional cash availability when the customer’s account balance drops below zero.”
The customer must activate this function in the app and request a maximum available overdraft limit, which will then be individually “approved for each customer based on their financial profile.”
N26 also introduces a feature that allows customers to “establish a repayment schedule for their overdraft in an orderly manner, with transparency regarding the number of monthly installments, the amount of those installments, and the total costs.”
With this, N26 seeks to help its users create “a repayment plan for their overdrafts without putting their day-to-day personal finances at risk.”
The launch of the credit products adds to the flexible payment solution N26 Installments, which allows “purchases between 20 and 200 euros made up to 4 weeks prior to be split into three to six installments.”
The functionality presents an alternative to traditional loans or Buy Now Pay Later (BNPL) solutions by focusing on “purchases already made and fully paid for, ensuring the customer’s financial protection by avoiding over-indebtedness.”
N26 added that it is now committed to encouraging customers to use credit products appropriately, supporting financial education as a tool for “making informed decisions and strengthening their economic well-being.”