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Irish 'Free' Banking

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  • 06-10-2009 11:45pm
    #1
    craichoe
    Closed Accounts Posts: 2,706 ✭✭✭


    Just thought i'd share,

    I moved to the Netherlands a few years back and when i got here i asked the question about free banking and nobody new what i was talking about.

    So i opened an account with a bank here, which costs 8 euros a quarter, which I thought was a ripoff tbh.

    Only it turned out it wasnt a ripoff, i can travel to anywhere in the world and withdraw money from any ATM abroad and pay no charges whatsoever.

    This has proved quite handy as i work in Germany and the banks here charge 2.50 a go for using each others ATM's, so with my Dutch card i can go to any ATM and not get charged anymore for withdrawing money. But if i use my German card at a different bank i get a 2.50 withdrawel fee :mad:

    Plus in the Netherlands there isn't a government levy for ATM/Debit/Chipknip/Credit Cards.

    So for 32 Euros per year I have flat rate European banking.

    Is there something in Ireland thats the equivolent ?

    I've been searching around and the only thing i could find is HSBC's Dual Sterling/Euro account offering in the UK, but that doesn't cover ATM Withdrawels.


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    #2
    JTMan
    Registered Users Posts: 5,540 ✭✭✭JTMan


    EUR cash withdrawals are free in most EU countries with most Iish current account products.

    The government levy is outside of the banks countrol.

    We do not need to move backwards to the old quarterly charges regime here.


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    #3
    Jet Black
    Registered Users Posts: 3,845 ✭✭✭Jet Black


    I have a halifax visa card in Ireland and can make free atm withdrawl's anywhere in europe.
    I made some purchase's in NI in some shop's and was not charged for it. It was just the exchange rate.
    I think atm withdrawl's are charged at 1.75%iirc.
    No quarterly fee's on the account.


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