Paying fees for having money in a bank account is something that, at this point, no one should accept. It is common for banks to increase these rates for clients with whom they have little connection to make their service profitable.
Costs that can reach 240 euros per year and that are totally avoidable taking into account the wide offer in the financial market.
“That our bank charges us commissions is more than enough reason to change entities or, at least, look for an alternative so as not to pay a single cent more. Online accounts are increasingly popular, since, in addition to having no commissions, many have welcome promotions as remuneration for savings or the return of a portion of the purchases made with your card," explain the experts at the financial comparator HelpMyCash. , who have selected the best commission-free accounts of the moment.
Therefore, in addition to signing up for a commission-free account, you have to compare the different offers to choose the one from which you can get the most benefit.
If you are going to open an account to receive an income, it is best to choose one that gives some type of incentive in return. Abanca's Clara Account does not require any type of connection but rewards 300 euros net and a 2% return up to 15,000 euros during the first year to those who deposit a payroll or pension of at least 1,200 euros per month.
For those people who make a lot of card purchases, the ING NoCuenta Account returns 10% of all purchases made with their card until October 31. In addition, it includes insurance in which the money is returned if a purchase is made online and the product never arrives.
“We don't have to be afraid of having several accounts if they don't charge us commissions for them. This way, we can maximize our profits. For example, we can domiciliate the payroll in an account that gives us a gift for carrying it, have the savings in another that pays us profitability and make purchases with another that includes a card with discounts or cashback," they add from the comparator.
Another option is to open a commission-free account that also offers remuneration for the money deposited in it. The EVO Smart Account pays interest of 2.5% up to 30,000 euros, in one year you could earn up to 750 euros.
This same profitability is offered by the Sabadell Online Account. The difference with the EVO promotion is that Sabadell pays these interests during the first year, while the Madrid bank maintains it until November 30, 2024.
Monetary funds invest in very short-term fixed income and try to bring their profitability closer to interest rates, which have been at 4.50% since the last meeting of the European Central Bank (ECB) on September 14.
“With interest rates so high, it is a good time to invest our savings in a monetary fund, since they offer a higher return than that offered by interest-bearing accounts and also allow us to have the money at any time,” the experts point out.
A good example is the InbestMe savings portfolio, which in its euro account has an expected return of 3.25%. Furthermore, by investing in short-term products, you take advantage of future increases in interest rates.
