Are you about to open one? Here’s which banks have the lowest current account fees in 2023. These are the cheapest
Opening a current account can be useful for managing your money effectively and comfortably. However, not all checking accounts are created equal.
Some banks, in fact, offer services and advantages that others do not have costs can vary widely from one financial institution to another. In the rest of this article, we’ll explore which banks have the lowest checking account fees in 2023 and what factors to consider when choosing a checking account.
In times of economic crisis, like the ones we are experiencing, find solutions that make us save money becomes more and more important. In addition to the many strategies for saving money at home, it is also essential to try to spend less on managing your savings.
Which banks have the lowest fees for checking accounts
Choose the bank right with the lowest costs for the current account can make a big difference. For this reason, in the rest of this article, we will explore the banks with the lowest costs for current accounts in 2023 and how to choose the current account that’s right for us.
According to an article in Sole24Ore, some banks have reduced the cost of current accounts, such as Bank Sella e Bnl, which eliminated commissions for businesses. Banco di Desio has instead eliminated the excess liquidity fee. However, many banks have also increased costs due to inflation, such as BNL, Banco di Desio and Banco BPM. Bper has announced that from May will reduce costs for all customers who have suffered the effects of rates negativesbut it has increased costs for checking accounts and debit cards since January.
The survey has also brought out some news, such as the one according to which Credit Agricole would have the intention of reducing the costs of current accounts. A choice closely related to the recent interest rate hikes to fight inflation in 2022. weon the other hand, restored the conditions prior to the increases for negative rates in 2021. Fineco and Intesa Sanpaolo have decided to reduce the monthly fee for the accounts, while Poste Italiane has canceled the two euro increase on the license feebut has increased the costs for inflation.
Unicredit has lower fees relating to negative rates which refer to the period 2018-2021; however he decided on higher costs due to inflation. Banca Etica, Banca Mediolanum, Banca Popolare di Bari, Banca Popolare di Sondrio and Sparkasse have not changed the costs of their current accounts. Chebanca! is still evaluating any changes.
