These accounts allow a higher loyalty of customers to the extent that they force the domiciliation of the salary in that account. From there, it is common to make our expenses and movements in that account. In fact, there are already several banks to open accounts at a distance, thus saving time in the whole process.
The first tip is to look for the bank that is the friend of your wallet. Believe that there is a great diversity of banks and that there are banks that seek to distinguish themselves from competition by price (and hence increase their market share). We suggest that you see our review for the best bank for your current account and the best bank for your tidy account. You will see that you can save a few dozen euros a year.
It is critical that we always keep in mind that an online bank is a bank like all others, an idea that has been increasingly rooted in Portugal. Also keep in mind that the banking trend is for the reduction of branches and the levels of face-to-face service, for reasons of profitability. In fact, there are already several banks to open accounts at a distance, thus saving time in the whole process.
Use ATM Networks
Multibanco networks are scattered throughout the country and are free of cost. Increasingly we can make transactions cost-free. For example, if you make transfers on ATM networks you will not pay any commission for the service, while many banks already charge for online transfers (or charge a monthly fee for a set of services that are free at some banks).
Make a habit of trading
It is not usual to negotiate but we have lost nothing in trying to reduce commissions. Those who speak in commissions talk about other costs and charges we have, namely with credits or insurance. The is not always guaranteed but we must not forget that it is always possible to negotiate.
The tidy account can be a good choice
Some banks give additional benefits if your customers opt for bills ordered. These accounts allow a higher loyalty of customers to the extent that they force the domiciliation of the salary in that account. From there, it is common to make our expenses and movements in that account. And that has value. So if you make an orderly account you can save a lot of money
There are several offers designed for some segments of the population which due to their characteristics benefit from special conditions. We speak for example of student accounts (attention to when passing the age will start to pay commissions) or the accounts of retired.