Irish Independent: Your Questions: Will switching to N26 for banking affect my mortgage application?


According to Joey Sheahan, who is Head of Credit at, it is worth noting that N26 is actually a bank in the technical sense. It is regulated by the central bank in Germany, and it is also protected by the €100,000 bank deposit guarantee scheme that Irish bank customers are protected by. Revolut is not, as yet, classified as a bank. But it is going through the regulatory process, he said.