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Not credit card fees, bank fees. Almost every bank account in Canada has some sort of monthly service fees associated with them. You need to have a considerable
by somerandomqaguy 2y ago
Not credit card fees, bank fees. Almost every bank account in Canada has some sort of monthly service fees associated with them. You need to have a considerable amount of wealth accumulated in order for those fees to be waived. If my understanding of how Europeans bank is correct, such fees aren't as common.
- NeoTar 2y agoYou are not correct. Having a monthly fee for a bank account (typically around 5 EUR) is common in Germany.
- fzil 2y agoto expand on the parent's comment a little bit as well, most of these canadian bank accounts also have fees per interac transaction depending on the account. The richer the person, the more money in your account and more fees you can get waived. until recently I would not send interac e-transfers because it would cost me $.50 per transaction after the first 5.