Ulster Bank introducing transaction charges

ATC110

Cartman78 wrote: »

Did anyone here actually stay with Ulster Bank in the end??

Would be interested to hear how the charges panned out in reality

Yes, maintaining a balance >€3000 and paying €2 a month in charges; I can live with that.

Sleeper12

extra gravy wrote:

I did like an eejit...got a statement saying I paid €153 in fees for last year which of course was only from April to December. Finally changed over to KBC last month.

Wow!
I have a BOI business account and would close to that. That's crazy fees for a private account

CoBo55

I stayed too luckily I'm on the 10 a month account.

Deagol

Cartman78 wrote: »

Did anyone here actually stay with Ulster Bank in the end??

Would be interested to hear how the charges panned out in reality

I have a ufirst account so paying 10e a month and no other fees. It was getting me 0.1% off my mortgage rate but as soon as that is nearly gone.

The biggest plus for me is the 25% cashback on Tickemaster tickets. I got €120 back on one concert alone last year which covers the entire years fees.

Jim_Hodge

My current account is just €2 per month with Ulster Bank. As, luckily, I can keep a balance over €3k there's no transaction fees on top of that.

CURRENT ACCOUNT
€2 per month plus transaction fees (unless you keep €3k in your account each month). If you are aged 66 or over these fees do not apply.

extra gravy

I'm surprised at the amount of people that are comfortable leaving 3k+ in their current account. I leave enough in there for rent and bills and weekly expenses, the rest goes to my savings account.

FFVII

extra gravy wrote: »

I'm surprised at the amount of people that are comfortable leaving 3k+ in their current account. I leave enough in there for rent and bills and weekly expenses, the rest goes to my savings account.

What rate?

CoBo55

FFVII wrote: »

What rate?

Feck all...

Jim_Hodge

extra gravy wrote: »

I'm surprised at the amount of people that are comfortable leaving 3k+ in their current account. I leave enough in there for rent and bills and weekly expenses, the rest goes to my savings account.

It's easy enough to roll it over every month. I have a monthly transfer to savings as well. €3k in a savings account won't give you €30 interest at the moment but what would it save per year in transaction fees?

extra gravy

FFVII wrote: »

What rate?

I meant security wise. If I lose my card/phone, I won't be fretting about anyone having potential access to a large amount of cash.

AlmightyCushion

I just be paranoid of something coming out that I'd forget about and then I'm under the 3,000 balance and get hit with fees. I honestly don't know why everyone hasn't moved. The fees are crazy.

fritzelly

That's some whack of an increase
With KBC now - 2 euro a month, no other charges except ATM withdrawals (do cashback when I need cash)
It's like they don't want customers to come in to the bank so they can close them all down

AlmightyCushion

fritzelly wrote: »

That's some whack of an increase
With KBC now - 2 euro a month, no other charges except ATM withdrawals (do cashback when I need cash)
It's like they don't want customers to come in to the bank so they can close them all down

Is that the KBC extra current account? If so, there are no fees once you have 2,000 a month deposited into the account.

fritzelly

AlmightyCushion wrote: »

Is that the KBC extra current account? If so, there are no fees once you have 2,000 a month deposited into the account.

Standard account

Nigel Fairservice

fritzelly wrote: »

Standard account

You can transfer money in and straight out again from the credit union or any other external source from KBC to make up the €2000. It doesn't all have to be wages. That's what I did when it was €2500 to qualify for free fees.