The bank account is the most used tool for storing money and crediting sums. But there is also another way, less expensive.
Basically, the current account is the place where our money flows. Net of all the precautions to be taken into consideration (do not raise the amount too much, invest with instruments that guarantee income for our money), the account it is the main way to keep money and deposit our credits, from salaries to retirement. However, not everyone knows that possibilities exist in other directions as well. Which, in addition to saving us something, could also allow us to close the current account, mostly subject to commissions.
A tool so simple that perhaps for this reason it is not taken into consideration. In fact, in these cases the force of habit takes over more than a real intention. The fact is that the maintenance of operating costs represent a real problem: indeed, even 20% more in annual expenses it was registered on the portfolio of Italians who have had an account open for years in certain credit institutions. For this reason, it is also advisable to know any alternatives. On which, of course, to bring our savings and also our income together.
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Salary on the account? The choice to make to save is another: the prepaid card with Iban
This is the rechargeable card. A sudden and necessary clarification, just to make people understand a convenient choice but, by commonplace, often left aside. In fact, we are led to believe that a similar instrument can limit operations compared to an ordinary current account. In reality, financial operations remain unchanged (mostly) and savings would be guaranteed. Basically, there are advantages (for example you would save on commissions, especially if the amount of revenue is not extremely significant) as well as disadvantages. For example, if the bill is quite high, the rechargeable solution will not be indicated.
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It might be more useful for an off-site college student to manage their savings. A standard account would cost between 140 and 340 euros per year for all management fees. For an online account the expense would already be lower (to the extent of 60 euros). A prepaid with Iban would cut costs and offer a good possibility of maneuvering even for online purchases. But also other advantages, such as instant bank transfers and automatic debiting of periodic expenses. Advantages mirrored to the bill but with the not indifferent detail of a minor exit.
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