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Free bank account

Posted: Sun Mar 17, 2024 3:23pm
22 replies7 members subscribed
Jane71

Posts: 8

1 helpful points

Location: Camposol

Joined: 17 Mar 2024

Hello, I will be moving to Camposol soon and I am wondering if anyone can recommend a bank to open an account with?

Are there any accounts that are free of charge and don't charge for using an ATM?

Thanks for your help 

LeginSenoj

Posted: Sun Mar 17, 2024 10:17pm

LeginSenoj

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Posts: 594

720 helpful points

Location: Camposol

Joined: 29 May 2018

Posted: Sun Mar 17, 2024 10:17pm

Many people use Wise or Revolut. You can set up direct debits and there are minimal exchange costs and in currency payments are free. If you want a physical bank and are moving permanently, an account with Caixa bank can be free if you pay in €700 per month or take out one of their insurance products. ATM withdrawals are free and there is a branch on Camposol. 

Roland

Posted: Mon Mar 18, 2024 8:20am

Roland

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Posts: 3536

2596 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Mon Mar 18, 2024 8:20am

Use the search facility at the top of this page & search for 'Free Banking' or 'Banking'.

Lots & lots of good information there.

eduardo3332

Posted: Mon Mar 18, 2024 10:10am

eduardo3332

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Posts: 1592

1194 helpful points

Joined: 21 Jan 2016

Posted: Mon Mar 18, 2024 10:10am

LeginSenoj wrote on Sun Mar 17, 2024 10:17pm:

Many people use Wise or Revolut. You can set up direct debits and there are minimal exchange costs and in currency payments are free. If you want a physical bank and are moving permanently, an account with Caixa bank can be free if you pay in €700 per month or take out one of their insurance pr...

...oducts. ATM withdrawals are free and there is a branch on Camposol. 

Wise and revoult are not banks but currency exchange companies, you also pay for withdrawals at atms. 

Both Cajamar with their Wefferent account and Banco Sabadell offer free online accounts.

Mike211

Posted: Wed Mar 20, 2024 11:23am

Posts: 51

29 helpful points

Location: Roda

Joined: 28 Feb 2021

Posted: Wed Mar 20, 2024 11:23am

eduardo3332 wrote on Mon Mar 18, 2024 10:10am:

Wise and revoult are not banks but currency exchange companies, you also pay for withdrawals at atms. 

Both Cajamar with their Wefferent account and Banco Sabadell offer free online accounts.

Wouldn't reccomend Banco Sabadell, they are a nightmare to deal with and charge €28+ euros for £'s to be transferred in. 

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Mike211

Posted: Wed Mar 20, 2024 11:23am

Posts: 51

29 helpful points

Location: Roda

Joined: 28 Feb 2021

Posted: Wed Mar 20, 2024 11:23am

eduardo3332 wrote on Mon Mar 18, 2024 10:10am:

Wise and revoult are not banks but currency exchange companies, you also pay for withdrawals at atms. 

Both Cajamar with their Wefferent account and Banco Sabadell offer free online accounts.

Wouldn't reccomend Banco Sabadell, they are a nightmare to deal with and charge €28+ euros for £'s to be transferred in. 

ann75

Posted: Wed Mar 20, 2024 12:37pm

ann75

Helpful member

Posts: 525

266 helpful points

Joined: 2 Jul 2019

Posted: Wed Mar 20, 2024 12:37pm

LeginSenoj wrote on Sun Mar 17, 2024 10:17pm:

Many people use Wise or Revolut. You can set up direct debits and there are minimal exchange costs and in currency payments are free. If you want a physical bank and are moving permanently, an account with Caixa bank can be free if you pay in €700 per month or take out one of their insurance pr...

...oducts. ATM withdrawals are free and there is a branch on Camposol. 

I don't believe ATM withdrawals are free with La Caixa. Are you sure,? 

LeginSenoj

Posted: Wed Mar 20, 2024 1:17pm

LeginSenoj

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Posts: 594

720 helpful points

Location: Camposol

Joined: 29 May 2018

Posted: Wed Mar 20, 2024 1:17pm

ann75 wrote on Wed Mar 20, 2024 12:37pm:

I don't believe ATM withdrawals are free with La Caixa. Are you sure,? 

With a Caixa card - yes. Not sure about other cards as I don’t have them. From other posts, I believe there are charges for Uk cards and wise and revolut. I am sure others will be able to help with further information.

eduardo3332

Posted: Wed Mar 20, 2024 2:08pm

eduardo3332

Super helpful member

Posts: 1592

1194 helpful points

Joined: 21 Jan 2016

Posted: Wed Mar 20, 2024 2:08pm

Mike211 wrote on Wed Mar 20, 2024 11:23am:

Wouldn't reccomend Banco Sabadell, they are a nightmare to deal with and charge €28+ euros for £'s to be transferred in. 

Banko Sabadell online account completely free of charges also debit and credit card. Can be opened with mobile phone in a matter of minutes providing you have information required

ann75

Posted: Wed Mar 20, 2024 2:58pm

ann75

Helpful member

Posts: 525

266 helpful points

Joined: 2 Jul 2019

Posted: Wed Mar 20, 2024 2:58pm

LeginSenoj wrote on Wed Mar 20, 2024 1:17pm:

With a Caixa card - yes. Not sure about other cards as I don’t have them. From other posts, I believe there are charges for Uk cards and wise and revolut. I am sure others will be able to help with further information.

I use a Caixa card at ATMs to withdraw money and am charged ,4./4.50 each time at Caixa ATM  machines. I think Sabadell don't charge even if it's not a Sabadell account but not certain. 

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