Sabadell Expansion Account -Introduction of Monthly Charge
#16
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Location: Velez-Malaga
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Re: Sabadell Expansion Account -Introduction of Monthly Charge
Sabadell now describing the introduction of charges for savings accounts as "inevitable"-
https://elpais.com/economia/2019/10/...42_407244.html
https://elpais.com/economia/2019/10/...42_407244.html
#17
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Re: Sabadell Expansion Account -Introduction of Monthly Charge
If you have a decent amount on deposit with them then the manager has the authority to waive any fees.
#18
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Location: Costa Blanca
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Re: Sabadell Expansion Account -Introduction of Monthly Charge
Yes, everything is negotiable if you have something to bargain with...
#19
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Re: Sabadell Expansion Account -Introduction of Monthly Charge
Just saw this on moneysaverspain.com newsletter
'Another bank to increase commission: After Banco Santander and Sabadell increased commissions, BBVA will be doing the same. BBVA clients will now have to pay 100€ per year unless they have at least 5 direct debits and use their credit/debit card 7 times (both requirements during a four-month period). Although most account holders won't have a problem meeting the new requirements, those that do should think about changing bank to avoid the charge.'
Other useful stuff here
https://moneysaverspain.com/category...-and-business/
'Another bank to increase commission: After Banco Santander and Sabadell increased commissions, BBVA will be doing the same. BBVA clients will now have to pay 100€ per year unless they have at least 5 direct debits and use their credit/debit card 7 times (both requirements during a four-month period). Although most account holders won't have a problem meeting the new requirements, those that do should think about changing bank to avoid the charge.'
Other useful stuff here
https://moneysaverspain.com/category...-and-business/
Last edited by spainrico; Nov 7th 2019 at 1:35 pm.
#20
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Joined: Dec 2003
Location: Boston / Guipúzcoa
Posts: 718
Re: Sabadell Expansion Account -Introduction of Monthly Charge
Just saw this on moneysaverspain.com newsletter
'Another bank to increase commission: After Banco Santander and Sabadell increased commissions, BBVA will be doing the same. BBVA clients will now have to pay 100€ per year unless they have at least 5 direct debits and use their credit/debit card 7 times (both requirements during a four-month period). Although most account holders won't have a problem meeting the new requirements, those that do should think about changing bank to avoid the charge.'
Other useful stuff here
https://moneysaverspain.com/category...-and-business/
'Another bank to increase commission: After Banco Santander and Sabadell increased commissions, BBVA will be doing the same. BBVA clients will now have to pay 100€ per year unless they have at least 5 direct debits and use their credit/debit card 7 times (both requirements during a four-month period). Although most account holders won't have a problem meeting the new requirements, those that do should think about changing bank to avoid the charge.'
Other useful stuff here
https://moneysaverspain.com/category...-and-business/
#21
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Location: Costa Blanca
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Re: Sabadell Expansion Account -Introduction of Monthly Charge
No link, it comes to me as an email as I joined their subscribers list. Assume online accounts exempt but who knows with banks these days squeezing us for every cent.
#22
Re: Sabadell Expansion Account -Introduction of Monthly Charge
Has anyone with an expansion account been charged yet, the communication in October says the 5€ charge will be due from 24/12/2019 but as yet i haven't had any charges, haven't needed to go to the bank so haven't asked there yet
#23
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Location: Velez-Malaga
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Re: Sabadell Expansion Account -Introduction of Monthly Charge
Yes, just looked back to my OP and it did say the charge would be applied quarterly.
#24
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Joined: Aug 2018
Location: Sotogrande
Posts: 182
Re: Sabadell Expansion Account -Introduction of Monthly Charge
Thanks for clarification, saves a trip to pay them. Rest easy now
#25
Re: Sabadell Expansion Account -Introduction of Monthly Charge
Yes, i had heard that but thought surely the charges would be applied in advance, I will ask next time we go in, thanks