Gary, they are all a bunch of money-grabbing ********s. Banks in Spain are a particular bugbear of mine. We have to pay some of the highest bank charges in Europe (secondly only to Italy, I think) and costs have shot up since the crisis struck. They take the piss. More info on Spanish bank charges (in Spanish)
I am about to do a report on bank charges, to identify the best deals. In the meantime I’m opening a Cuenta Zero with La Caixa for myself. No maintenance costs if you stick to online banking and using the Servired cash machines. Suits me.
Thanks Mark! I was wondering if it was just me. I haven’t paid a banking fee for more than 20 years, other than specialty fees for cashier’s checks, etc, so I was a surprised that the very low interest offered on savings here is often consumed by ridiculous maintenance fees.
That Zero account looks good.
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