When it comes to choosing a bank, price is important, especially since an account can cost up to 240 euros per year. But there are entities that offer the same service for free. Commission-free accounts have become a claim from banks to gain new customersaware that these expenses are one of the main culprits for clients to change entities.
Achieving more profitability and paying fewer commissions are the two main reasons for Spaniards to change banks, according to a study published this year by the financial products comparator HelpMyCash.com.
And what is the best bank to open a free account? Today Getting a commission-free account is quite easy if we are willing to move to another entity. We can save maintenance costs, transfer fees and card fees. But some banks give more advantages such as profitability or gifts, they explain on HelpMyCash.
A classic on any list of commission-free banks is ING, which has been gaining popularity for years. At the end of last year it had more than four million clients.
The No ING Account has no commissions no conditions (it can be opened without payroll) and includes a free virtual debit card that can be used from minute one. New customers who sign up for the account now can recover 10% of all purchases paid by card during the month of October with a maximum of 50 euros. Furthermore, if you want to make your savings profitable, you can also open a deposit at 2.75% APR for four months with no minimum amount.