Having an account in a bank is common. That they charge you commissions, too. However, for some time now these do nothing but go up and considering that money is not easy to get, having it taken away just for having an account is something that nobody likes. So, how about we talk to you about the best accounts without commissions?
Below we will tell you about some accounts that you could open and in which you would not have to bear commissions and that they would take part of your money just for having it saved in the bank. Do you want to know what they are?
Why do banks charge commissions?
Commissions when doing some management, maintenance expenses... do they ring a bell? These are some of the costs that you will have to assume for having an account at the bank. That is, by leaving your money to the bank so that it is safe, it costs you money.
Most of the fees are usually charged for using the account services. For example, if you make a bank transfer to another bank, they can charge you between 4 and 20 euros (the latter if it is a transfer to another bank outside the country). But they can also charge you for having a credit card (maintenance of it), for keeping the account open, for making a bill payment...
And in many cases it is not cheap, so many decide to look for commission-free accounts that allow them to save in this regard.
What are the best commission-free accounts?
Before telling you about each one that we have found (through comparators), we must warn you that this information may change from one month to another. It is possible that, when you read this article, some time has passed and the offer that they had put in the bank is no longer active. However, they almost always have another, better or equal to the previous one, so it will give you an idea of the type of banks that care about customers (and not about profiting from them).
Our recommendation is that, when looking for the best commission-free accounts, take a general look and then go specifically to that bank and ask any questions they have about these commission-free accounts (if they still have them, conditions, and above all, the fine print).
That said, the ones we have found at this time are the following:
MyInvestor Account
You probably won't know her. In fact, she is not very well known, but it is certain that she is the best in the month of March.
To begin with, they do not charge commissions for maintenance, management, transfers or debit cards.
In addition, the first 50.000 euros of balance that you have in your account and keep for a year will have a remuneration of 2%, and from the second year it will drop to 0,3% TIN.
As advertised, they are "the neo bank of freedom: no strings attached, no fees."
Now, you will surely want to know which bank is this that offers the account. It was created in 2017 and is a digital bank operated by Andbank Spain. Yes, as you read, we are talking about a Spanish bank. In 2022 it already had more than 150.000 customers and more than 10 million euros per year.
Banco Sabadell online account
If you want to have more options within the best accounts without commissions, another option that is not bad at all is this one from Banco Sabadell.
As specified, you will have no conditions or commissions, and you will also get a remuneration of 2% during the first year on your first 30.000 euros.
As for the debit card, it is free and you do not have to pay your salary or receipts if you do not want to. If you domicile the salary, and you are one of the first 20.000 clients, then they will give you 250 euros. But for that you should make sure before, do not be surprised that it does not reach you.
Orange Bank current account
Orange is not only in charge of Internet, telephone… but also operates with a bank. Of course, they offer some conditions if you are an Orange customer, and others if you are not.
On the one hand, you will not have commissions or conditions. On the other hand, you will have a remunerated account at 1,3% if you are not an Orange customer, and 1,5 if you are. And finally, the debit card is free.
Account not ING account
This ING account (we remind you that this bank started online and no one trusted it, and now it is one of the most trusted) offers you a commission-free account (TIN and TAE at 0%). You will not need to domicile or receipts or your payroll or income.
You will have a virtual debit card and transfers without costs. In addition, you have online shopping insurance (it is a policy that protects you from the transactions you make on the Internet and, if there has been something strange, they will refund the amount).
Abanca clear account (current or payroll)
Another of the best commission-free accounts is this. To begin with, if you direct deposit your salary, they give you 300 euros. It has no commissions and the APR is 0%. They also give you a free debit card and allow you to have one or two holders on the account (something important in many cases).
Online account WITHOUT Remuneration of Unicaja
We go with another better known bank to offer you a digital account. You will not have maintenance, administration or transfer fees and you will receive a remuneration of 1% TIN the first year (the second at 0,5%) unless you domicile the payroll, which increases the first year to 2,01%, in a balance of 30.000 euros.
If you are a new customer you can get 600 euros of remuneration, and if you direct deposit the salary they will give you 100 euros of cashback in the receipts.
The debit card is free.
As you can see, the best commission-free accounts exist, and you can save a lot of money by choosing them over banks that continue to charge maintenance and commissions for everything. Now it's up to you to choose the one that best suits your needs and, above all, the one that gives you the most confidence. Do you know of any other commission-free account that is interesting? Leave it to us in comments.