Are EBS going to pull the plug on their current account and amalgamate with AIB?Got the same letter I think I'm going to finally move.
Looking at going to ebs money manager and use revolut as day to day banking. I know ebs is in the dark ages when it comes to app etc but no way am I giving PTSB nearly 100 euros a year
Well so far I have been with Ulster and kbc so might as well have another bank leave / change.Are EBS going to pull the plug on their current account and amalgamate with AIB?
You're right to move. I dealt with Permanent TSB in the past and can't say the experience was good in-branch and their online banking had too many passwords and required a laptop for the transaction I was undertaking.Well so far I have been with Ulster and kbc so might as well have another bank leave / change.
Switching is a hassle but I hate consumers getting screwed over because people won't move.
Amazing that companies will treat existing customers poorly and then when you move they ask why.
Got the same letter I think I'm going to finally move.
Looking at going to ebs money manager and use revolut as day to day banking. I know ebs is in the dark ages when it comes to app etc but no way am I giving PTSB nearly 100 euros a year
Is €100 per year actually bad value for what you get? I'm fascinated by the threads on here where people get up in a heap about current account fees and go through the misery of switching to another bank with all that entails to save maybe a score a year.but no way am I giving PTSB nearly 100 euros a year
Are people over-obsessed with banking fees?. I pay €0.20c a day for Bank of Ireland but for that I get a physical branch I can walk into, an app (which is not a patch on Ulster but it does the job), online and phone support + physical cards. I know n26 is free for a basic account but if you lose your phone you have nothing until you replace it. Your phone becomes a single point of failure for payments and you have no ability to have a conversation with someone in your bank in real time or fact to face if needed. I've no sympathy with people who complain about Revolut when they have an issue, you get what you pay for and if you are paying nothing, what do you expect?.
Over the past 2 years, I've had to walk into a branch about 5 times, to lodge some cash, get a bank draft, get a legal form signed and a couple of other things. I've been able to ring the banks helpline to resolve an issue and when I've left my phone at home by mistake, still had a card on me. Is that worth 20c a day?. In my mind probably yes
People are probably loosing out more on having ineffective savings accounts and paying far more then they should for management fees on investment products etc then they ever pay for a current account,
It depends on what you get for that hundred. Before Ulster Bank was in wind down mode their UFirst account was brilliant value for 10eur a month. Phone and travel insurance, 25% off Ticketmaster tickets, 500eur overdraft with no interest, maybe some other benefits too. Whereas with the charges from the financial institutions that are left in the country what are you getting except core banking activity?Is €100 per year actually bad value for what you get? I'm fascinated by the threads on here where people get up in a heap about current account fees and go through the misery of switching to another bank with all that entails to save maybe a score a year.
I don't know, maybe I'm mad but I don't think €24 a quarter is bad value for core banking services. I can visit a branch if I'm really struggling with something. I can phone them and speak to a human (eventually) if I need to. I have a functional mobile app & online banking with strong customer authenitication. I get a debit card. I can do a few extra bits at PTSB ATMs. I can transfer money in an out of my account no problem to anywhere in the SEPA. The infrastructure to support all this costs money like. I just think that the price is so immaterial in the grand scheme of things, and that switching is so much hassle, that it's not worth all the moaning people do (on here & in the real world).Whereas with the charges from the financial institutions that are left in the country what are you getting except core banking activity?
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