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
Posted: Sun Mar 17, 2024 10:17pm
Very helpful member
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.
Use the search facility at the top of this page & search for 'Free Banking' or 'Banking'.
Lots & lots of good information there.
Posted: Mon Mar 18, 2024 10:10am
Super helpful member
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...
Read more...
...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.
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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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.
Posted: Wed Mar 20, 2024 12:37pm
Helpful member
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...
Read more...
...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,?
Posted: Wed Mar 20, 2024 1:17pm
Very helpful member
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.
Posted: Wed Mar 20, 2024 2:08pm
Super helpful member
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
Posted: Wed Mar 20, 2024 2:58pm
Helpful member
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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