Welcome to Woohoo Pay

Deposit Fee

Deposit fee


Valid for every country, except Spain and Portugal, for all subscribers, except Woohoo Pay You and Metal.

For every Woohoo Pay account (except N26 You, Woohoo Pay Business You, Woohoo Pay Metal and N26 Business Metal) opened on or after 19.10.2020, and exceeding a balance of 50.000€, a 0,5% deposit fee per year applies, as was outlined in your terms and conditions during the account sign up process. 


The deposit fee will be calculated by tracking the balance of your account on a daily basis, for each day of the month. Every day that your balance exceeds the threshold of 50.000€, a 0,5% per annum fee will be applied to the excess of the account balance. 

The fee will be charged directly from your account at the beginning of each month for the previous 30 days. 

If your account balance might exceed the above mentioned threshold, and you don’t want to incur this fee, there are two ways that you can prevent yourself from being charged: 

  • Upgrade to Woohoo Pay You, Woohoo Pay Business You, Woohoo Pay Metalor Woohoo Pay Business Metal 


  • For our German customers, open an EasyFlex Savings account and transfer your excess funds there (please take note of eligibility requirements)