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Potential new competition in the current account market

BuffyBot · 2013-03-20 10:52:26

KBC seem to be gearing up to launch current accounts, and as mentioned on this forum PTSB may be reverting to a fee-free model for day to day current accounts. http://www.independent.ie/business/personal-finance/latest-news/new-lowcost-account-puts-pressure-on-the-main-banks-to-cut-their-fees-29141765.html As noted in the…

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20-03-2013 11:52am

#1

BuffyBot

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KBC seem to be gearing up to launch current accounts, and as mentioned on this forum PTSB may be reverting to a fee-free model for day to day current accounts.

http://www.independent.ie/business/personal-finance/latest-news/new-lowcost-account-puts-pressure-on-the-main-banks-to-cut-their-fees-29141765.html

As noted in the article, this may also put pressure on Ulster to remain fee-free.

AIB and BOI's response will be interesting.

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#2 20-03-2013 2:05pm
listermint

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Great news, im thinking of jumping the BOI ship anyway. its just not cost effective.

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