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Bank charges!

Bank charges!

Postby cheflady » Sun Mar 10, 2019 5:08 pm

Don't know if people have read Eye On Spain today but from March 25th banks can't charge more than €3.00 per month on current accounts so in my case 36.00 per year instead of €26.00 every three months. Happy Days!!
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Re: Bank charges!

Postby Espanabums » Sun Mar 10, 2019 6:42 pm

As a resident, there are plenty of banks/accounts that are totally free if you pay in a certain amount every month. For instance, we have a Sabadell expansión joint account and have totally free banking if we pay in 700€ per month. A UK old age pension is almost, at the moment, enough in itself.
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Re: Bank charges!

Postby cheflady » Sun Mar 10, 2019 6:58 pm

Hi you guys at moment pension still paid into English account then we transfer when rate is good, we were never told that before so thanks for the heads up! Jules
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Re: Bank charges!

Postby marcliff » Sun Mar 10, 2019 7:22 pm

Bankia just requires 200 euro a month if it's a pension to get free banking. Only one debit card free, though.
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Re: Bank charges!

Postby Audbro » Sun Mar 10, 2019 8:08 pm

Chef lady, that is great news, I hope it includes my sabadell account, would save us around 65€. Always better in my purse than the banks coffers.
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Re: Bank charges!

Postby Babu » Sun Mar 10, 2019 8:17 pm

cheflady wrote:Don't know if people have read Eye On Spain today but from March 25th banks can't charge more than €3.00 per month on current accounts so in my case 36.00 per year instead of €26.00 every three months. Happy Days!!


I hope April Fools Day hasn't come early this year . . . happy bunny if it turns out to be true!!!
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Re: Bank charges!

Postby Benjy » Sun Mar 10, 2019 8:39 pm

Can’t find this article. Can someone please post a link.
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Re: Bank charges!

Postby cheflady » Sun Mar 10, 2019 8:50 pm

Benji so sorry it is on Think Spain not eye on Spain and no not a April Fool just political correct info
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Re: Bank charges!

Postby Benjy » Sun Mar 10, 2019 10:14 pm

Thanks
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Re: Bank charges!

Postby tinak » Mon Mar 11, 2019 8:48 am

As everyone says, great news, let’s hope it applies to all accounts not just residents! I’m with Bankia and currently pay 15 euros a quarter plus a debit card fee of 28 euros, without the debit card I can’t operate online banking!
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