BOI Alternatives-New Charges

jeffk wrote: »

"With N26 it's free to lodge money into your account by way of a regular bank transfer. Again, your main bank might charge you for this on its end though. But if you want to top up your account instantly within the app, you only get your very first top-up free of charge. After that there's a hefty 3% fee every time you do it"

See that put me off N26 as like tonight my car tax came in and I keep say 100 or so in revolut, so needed to top up by 200, that would cost 6 or so euro

Or is it im thinking of N26 wrong and as its more secure/insured etc, put say 1k a month in for free and bypass the 3% fee

N26 is my main bank, I don't have an Irish bank account bar a credit union account.
N26 is a fully functioning bank it's not revolut. So its my business and current account. So I pay no fees . lthough I'm self employed, I do a small amount of paye work and the wages are paid into n26 as well as recent government grants.

calfmuscle wrote: »

You'll save on money by getting your sw paid into a free bank. Hope that helps

I travel to London quite regularly ( pre covid) I used to buy about stg £100 from An Post FX to cover day to day expenses and purchase train/ bus tickets and accommodation etc on my credit card ( paying it off fully by end of month).

Was thinking of substituting credit card with Revolut, or N26. Which of these fintechs are better for foreign exchange?

Credit cards can charge up to 2.75 % on non-euro transactions. I have moved my credit card from BOI to Avant reward+ and get €30 free to pay the stamp duty.

As regards banking current account I left BOI after decades. Moved to EBS & KBC.

EBS Online service requires great patience and expect multiple attempts to log in.

jeffk wrote: »

"With N26 it's free to lodge money into your account by way of a regular bank transfer. Again, your main bank might charge you for this on its end though. But if you want to top up your account instantly within the app, you only get your very first top-up free of charge. After that there's a hefty 3% fee every time you do it"

See that put me off N26 as like tonight my car tax came in and I keep say 100 or so in revolut, so needed to top up by 200, that would cost 6 or so euro

Or is it im thinking of N26 wrong and as its more secure/insured etc, put say 1k a month in for free and bypass the 3% fee

Btw you can easily get around this by topping up for free with a credit/debit card on Revolut and then transferring that to N26. They both support SEPA Instant so the money will go through straight away and for free! An easy way to avoid N26's 3% fee

jeffk wrote: »

Not a great start to N26, go to add it to Panda for payment and they got Failed · Card not accepted, tried it three times

Over 10 minutes waiting to see if support will reply....Got reply, its a virtual card and some places will not accept them , so pay E10 or stick to revolut

Its looking like stick to revolut :mad:

My N26 is a physical card?

M

jeffk wrote: »

https://n26.com/en-eu/blog/n26-standard-goes-fully-digital

In app there is an option to get a physical card for E10 once off delivery charge

Thanks, Must have been a promotion on, mine was delivered for free.

M

jeffk wrote: »

I wouldn't mind virtual, but not if places can't use it

Rang panda as direct debt idea hit me, she said she will try card again instead and it worked, she didn't try and take a 2C charge like the other one did

Some cards don't allow micropayments as most systems allow verification of the card account without making a payment (Amazon shows up as Card Verification 0.00)

M

I recently opened a Bank of Ireland current account without realizing they had a basic account were i could avoid the 72 euro yearly maintenance fee. Will it be fine to switch next week if i pop into my local branch?