Choosing the right bank account is not the easiest thing to do. Intricate tables of fees, extensive regulations, unclear wording. How do you cope with all this? All you have to do is answer a few questions to see what is right for you and in which bank it is best to set up an account! Remember that you can cancel your current account at any time and choose a new offer that will meet your expectations.
Do you make a lot of bank transfers?
Nowadays, more and more payments are made via the Internet and electronic banking. What’s more, you can pay bills or invoices even from the bank’s mobile application by taking a picture of a document or scanning a QR code. If you also do not like to queue at the post office, at the bank or at the point of payment for utilities, internet or telephone, it is worth that when choosing a personal account you look at the fees for making bank transfers. However, transfers are not just payments for bills – you may often transfer funds to friends, family or do it for another purpose – it is worth paying nothing for it.
Do you handle banking matters online or stationary?
I will say briefly: it is more profitable to deal with all banking matters from a laptop, tablet or smartphone. Most fees, e.g. for making standard transfers, to ZUS or Tax Office or establishing standing orders via the Internet, are reduced to zero! So let’s get acquainted with online banking and your bank’s mobile application and learn all its functions and possibilities.
What is worth remembering? Before setting up your personal account, check whether the bank provides a mobile application and electronic banking. Although it is a standard these days, applications differ significantly in their level of sophistication. With their help, you can pay bills, make phone transfers / from photos / to another account, apply for new products, have a quick view of your account balance or operation history.
Do you pay in cash or cashlessly?
This is another important point. If you are a supporter of having money in physical form and cash payments in stationary stores, then you need to pay attention to the cost of withdrawing funds from an ATM. Banks divide these fees into fees for withdrawals from own (belonging to a given bank) or external (from other banks) ATMs, and even from Eurocash or Planet Cash networks. First of all, pay attention to which bank ATMs are in your area or which bank branch is closest to you. Importantly, you will often have to pay for withdrawals in a bank window!
However, if you value convenience and use non-cash forms of payment, then you should not be charged any additional fees. It’s good if you verify that your bank also allows smartphone payments, e.g. BLIK, Apple Pay or Google Pay, to be able to pay in stationary and online stores without using an account card.