You can get free banking if you maintain 3000 euro in your account at all times.
If you don't qualify for free banking, you'll be charged at least 11.90 per quarter - for the first 90 transactions, even if the actual number of your transactions is going to be much smaller. At least that's how I understand it. And yes, I agree, it's a rip off in cases when only a few transactions are made (or none).
There is still an option for Pay as you go which is 28c per tx (and has been 28c per tx for a long time contrary to popular misconception). If you have only a few transactions then this is the cheaper option. You just need to tell your bank that you are taking this option. If you are alrady on it no need to change anything.
Obviously people who use the Self Service options of 365 Online/Phone cost less to service and quite rightly deserve a discount for doing so.
Just move to Ulster Bank or NIB - personally i will play merry go round and waist more ink on statements they have to send me out. I can see plenty of 1 cent transactions happening.
1 cent transactions ... how? online? and from current to savings and back?
How often? etc.
Thanks for that Theresa but the 9 cents out .... does moving it from a current account to a savings account count? or do they have to be external payments?
As mentioned, it's accumulative over the quarter.Re. the €3k .... does it have to be a lump sum or can it be totalled over the quarter?
j ''have you got it in writing for me to just double check'', her ''yes, here you are, page 7....oh hang on a minute!'' me, ''oh right it is €3k in credit OR lodge €3k and make 9 online or telephone payments'', her, ''yeah, is that all you wanted cos there a big queue now!''
mmmmm the mind boggles.
just wanted to check something, I made 9 transactions in the amount of 1 euro to my husband's account this morning and he is going to send 9 euros back the same way. Is that us both covered for this quarter then?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?