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> There aren't many any more... ...in the US. In the UK its the opposite; the majority of checking accounts are free, some premium accounts charge a fee but g
by ErrantX 9y ago
> There aren't many any more...
...in the US.
In the UK its the opposite; the majority of checking accounts are free, some premium accounts charge a fee but generally come with rewards.
Overdrafts; there are fees for unarranged overdrafts, but its reasonably trivial to arrange a limit and this is generally fee-less (naturally you pay interest; mine is 1.2% calculated daily)
ATMs are largely free regardless of who your bank is.
- briandear 9y agoIn France they sure aren't free. Banks even charge a monthly fee for a debit card in addition to a monthly account maintenance fee. Of course banking in the France is stuck in the 1980s with many banking transactions requiring an actual visit to your specific bank branch and a consultation with your personal banker.
- ErrantX 9y agoInteresting; my perspective (working in the finance industry) has been that European banks are ahead of the curve with technology and, importantly, technology for customers. It sounds like maybe not?