More than half of banks profits come from the commissions. But there are several ways for the customer to download (or try to download) expenses.
Banks receive a lot of money through bank committees.
In 2023, on average Each client spent 70 euros on commissions – Just to have an account in order. 52% banks profits They come from the commissions, which absorb 6.5 million euros per day.
Each bank is required to send extract of committees, with the balance of the year, or another period. Details all committees and fees charged by the financial institution during this period.
The document has account maintenance fees, transfers or payments commissions, money lifting costs in other banks, fees for credit or debit card services, other charges. There is everything there, installment after installment.
The value can even be 0 euros. There are banks, especially digital, where no commissions are paid: Active Bank, Moey and Bankinter.
But at the end of a year, the bank commission extract may exceed 100 euros.
Nuno Rico, economist at Deco Proteste, warns that Many people “have no notion” than they paid for commissions throughout the year.
The ideal is compare Accounts or, if you only have one account, focus on a question: Aren’t you paying for services you don’t even use? As with telecommunications, for example.
Nuno Rico left an example of something paid but useless: Annuity of a debit card which does not use, especially when the account has two holders and there are two cards – one of them always inside the envelope.
The case highlighted in is a customer who paid last year 124,80 euros. Only in commissions, all the account maintenance. That is: 10 euros per month – gives 120 euros in a year, but plus the 4% of the seal tax reach 124.80 euros.
But the same client went to the commissions comparator, squeezed the bank’s core where he has the bill and found that he could change the type of account (without changing the bank) only with… a phone call.
This phone call has not just changed the type of bill: it started to pay 5 euros a month, plus seal tax. The 124.80 euros will become 62.40 euros. It’s half.
And SIC Notícias suggests that, If the customer had insistedI could still download to 3 euros a month. It would be 37.44 euros in a year.
When you only have one order account on your behalf, the customer can choose: 5 euros a year, about 42 cents per month. In this account receives the salary, may have credits, PRR, investments, MB Way, Via Verde… Can not have been ordained.
Overall, you should look at the competition and see which bank has a cheaper option that serves your goals when opening the account.
Is that if you do not have a credit contract in the bank in question, you can change whenever you want – but It is advisable to end the accountOtherwise the commissions continue, they accumulate and then there is a “gift” of hundreds of euros for paying.
