German digital bank N26 adds debit perks for U.S. users

European challenger bank N26 is adding a range of promotional incentives for using its debit card as it expands in the U.S.

N26’s U.S. debit card customers may receive cashback rewards and discounts at a variety of global merchants including Booking.com and Lime bikes and scooters as part of the push, the German bank said in a Tuesday press release.

The U.S. arm of N26, working in partnership with San Diego-based digital financial company Axos Bank, is offering U.S. N26 debit card customers deals including 15% cash back on travel reservations at Booking.com, 50% off Lime rentals and 10% off any three Broadway show purchases from Headout, the release said.

Some of the deals may be available only for a short time, while others will be ongoing, depending on their reception, according to the release.

Founded in 2013 as a digital-only bank, N26 has raised about $680 million in funding and serves 3.5 million customers in 26 markets including France, Germany, the U.K. and the U.S., the release said.

For reprint and licensing requests for this article, click here.
Loyalty and rewards Debit cards U.S. Germany
MORE FROM AMERICAN BANKER