Bank Charges - Page 2

Gapyears wrote on Sun Feb 10, 2019 9:32am:

We were with Cajamar when they decided to change our account and start charging us fees (over and above the 15€ pa card fee) . We don't meet the 700€ per month criteria nor do we have any pension being paid in therefore we did some research for a Spanish bank account that has no charges.

The one we found is with Openbank (part of Santander) and is an online banking account only (BBVA & Sabadell do as well but compare and read the small print). ...

Read more...

...

You open up the account online and you even sign the contract online. All you need is your NIE document and passport which we scanned and uploaded to them.The whole point is that Santander do not want you to use bank tellers / staff and do everything online. They send you a debit card free of charge through the post.

Once your account is open you download an app onto your smart phone or tablet etc, from where you manage your account. The app has multiple functions in order to manage investments, loans etc. What we find as very useful is that with every card purchase you can categorise and sub-categorise in order to know where you spent your money and on what.

You can also get discounts at certain retailers / restaurants as well enter competitions.

I would cheekily ask that if you do want to open an Openbank account then first private message because if I introduce you, I get a reward. ;)

Susi wrote on Wed Feb 13, 2019 3:13pm:

I have the same account and my understandung is that no charges are levied AS LONG AS a minimum amount is credited teach month. On my case this is 600€ per month.