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Bank charges!

PostPosted: Sun Mar 10, 2019 5:08 pm
by cheflady
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!!

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 6:42 pm
by Espanabums
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.

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 6:58 pm
by cheflady
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

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 7:22 pm
by marcliff
Bankia just requires 200 euro a month if it's a pension to get free banking. Only one debit card free, though.

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 8:08 pm
by Audbro
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.

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 8:17 pm
by Babu
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!!!

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 8:39 pm
by Benjy
Can’t find this article. Can someone please post a link.

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 8:50 pm
by cheflady
Benji so sorry it is on Think Spain not eye on Spain and no not a April Fool just political correct info

Re: Bank charges!

PostPosted: Sun Mar 10, 2019 10:14 pm
by Benjy
Thanks

Re: Bank charges!

PostPosted: Mon Mar 11, 2019 8:48 am
by tinak
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!