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> There aren't for you as a customer. I guess it depends on the bank or on the country. In Russia some banks have a small fee (usually about $1-$2 per month) f

> There aren't for you as a customer. I guess it depends on the bank or on the country. In Russia some banks have a small fee (usually about $1-$2 per month) for using a debit card, some don't have and some will charge a fee unless you spend more than a certain amount every month or deposit a specific amount. There can also be a small fee for issuing/reissuing a card. Then there are indirect costs. You will probably want to receive SMS notifications when your account is debited or credited, and this is not free for cards that don't have a monthly usage fee. There can even be a fee for withdrawing funds from a debit card (using issuer bank's ATM). Recently I read through different banks' terms and there are lot of things they can charge you for. For example, one bank will charge a fee for counting coins or small bills if you bring too much of them. Or there can be a fee for withdrawing money in bank's office below certain limit. Generally, it seems that banks don't like customers who don't pay a fee - directly or indirectly (when making a purchase).

justsomehnguy 5y ago
> In Russia some banks have a small fee (usually about $1-$2 per month) Well, everyone everywhere wants a small fee for everything. Look at the cellular networks/providers... Although $1-2 is honestly cheap enough to have the convenience of cash-less operations. > unless you spend more than a certain amount every month or deposit a specific amount Amusingly this is exactly what I have right now, but I only discovered it pretty recently. Years ago it was really free for me because it was the company which footed the bill, but I don't work there anymore. > There can even be a fee for withdrawing funds from a debit card People should vote with their wallets against such practices. And honestly that should be illegal, but... > one bank will charge a fee for counting coins or small bills if you bring too much of them If I understand this properly this is against the law, at least if you are paying for something. > it seems that banks don't like customers who don't pay a fee Which is unsurprisingly because they are "for profit" institutions.

justsomehnguy 5y ago

> In Russia some banks have a small fee (usually about $1-$2 per month) Well, everyone everywhere wants a small fee for everything. Look at the cellular networks/providers... Although $1-2 is honestly cheap enough to have the convenience of cash-less operations. > unless you spend more than a certain amount every month or deposit a specific amount Amusingly this is exactly what I have right now, but I only discovered it pretty recently. Years ago it was really free for me because it was the company which footed the bill, but I don't work there anymore. > There can even be a fee for withdrawing funds from a debit card People should vote with their wallets against such practices. And honestly that should be illegal, but... > one bank will charge a fee for counting coins or small bills if you bring too much of them If I understand this properly this is against the law, at least if you are paying for something. > it seems that banks don't like customers who don't pay a fee Which is unsurprisingly because they are "for profit" institutions.