Advice on whether to switch current a/c from ptsb to kbc

shardylan

Sorry if already asked but just looking for advice on kbc really.
I was paying €12 a quarter with
ptsb but just noticed it’s now €18.I have a current a/c and savings a/c.I really like this bank and don’t want to change but don’t like that they just put their rates up
Kbc are charging €6 a quarter (.30c per atm withdrawals which I never really do) so I’m wondering what kbc are like as a bank and would people reccomend switching .Thanks

Delta2113

https://www.ccpc.ie/consumers/financial-comparisons/current-account-comparison/ - I refuse to pay Current Account fees - I would go with EBS Money Manager.

This site gives you all the information.

Bubbaclaus

Delta2113 wrote: »

https://www.ccpc.ie/consumers/financial-comparisons/current-account-comparison/ - I refuse to pay Current Account fees - I would go with EBS Money Manager.

This site gives you all the information.

OP, don't go near an EBS account. They are useless. You're paying for what you get there.

mjdh1957

I've got an account with KBC and have been very happy with them. Opened the account online using scanned documents. I've used the local branch in Waterford city (they call them hubs) a few times and the staff are friendly and you get a free coffee if you are waiting.

mistress_gi

Agreed about KBC, I've been with them for 2 years now. The only annoying thing is they have no facility to lodge cash.

Okon

KBC before EBS... every time! Free banking with their Extra Current Account if you lodge (but don't have to keep in) €2,500 per month, Apple/Android Pay and a very good mobile app.

Delta2113

Okon wrote: »

KBC before EBS... every time! Free banking with their Extra Current Account if you lodge (but don't have to keep in) €2,500 per month, Apple/Android Pay and a very good mobile app.

- If you don't have the €2,500 per month then EBS is a no brainer!

- You can also combine Revolut with EBS and basically work off the Revolut card. You then have contactless and a mobile app (obviously wont show your EBS transactions).

- EBS do have online access for account - may not be the best fair enough but it's FREE.

Bubbaclaus

Delta2113 wrote: »

- If you don't have the €2,500 per month then EBS is a no brainer!

- You can also combine Revolut with EBS and basically work off the Revolut card. You then have contactless and a mobile app (obviously wont show your EBS transactions).

- EBS do have online access for account - may not be the best fair enough but it's FREE.

You don't need 2.5k. Just transfer 833 a month 3 times and bobs your uncle.

Steer well clear of RBS.

Fanny Wank

I use KBC. Have heard some horror stories but I've found them easy to deal with and the account opening was seamless

Fann Linn

shardylan wrote: »

Sorry if already asked but just looking for advice on kbc really.
I was paying €12 a quarter with
ptsb but just noticed it’s now €18.I have a current a/c and savings a/c.I really like this bank and don’t want to change but don’t like that they just put their rates up
Kbc are charging €6 a quarter (.30c per atm withdrawals which I never really do) so I’m wondering what kbc are like as a bank and would people reccomend switching .Thanks

I'm with PTSB and on their rewards a/c and you can elininate charges by using your bankcard more often. Last month alone I had €4 charge but €7 reward.
I can't speak for KBC .

Quackster

Bubbaclaus wrote: »

You don't need 2.5k. Just transfer 833 a month 3 times and bobs your uncle.

Steer well clear of RBS.

Utter nonsense. N26 and Revolut for the bells and whistles, with EBS as a bricks-and-mortar backup - one that actually takes cash lodgements!

And all completely free without the hassle of having to make minimum monthly lodgements or maintain minimum balances.

Bubbaclaus

Quackster wrote: »

Utter nonsense. N26 and Revolut for the bells and whistles, with EBS as a bricks-and-mortar backup - one that actually takes cash lodgements!

And all completely free without the hassle of having to make minimum monthly lodgements or maintain minimum balances.

The vast vast majority of people would have 2.5k flowing through their current account a month, so I'm not seeing where the hassle is. No minimum balance either and a 2.5% APR interest rate available.

I doubt I've made a cash lodgement this century.

Quackster

Bubbaclaus wrote: »

The vast vast majority of people would have 2.5k flowing through their current account a month, so I'm not seeing where the hassle is. No minimum balance either and a 2.5% APR interest rate available.

I doubt I've made a cash lodgement this century.

30K a year wouldn't exactly be the vast, vast majority of people.

goob20s

Bubbaclaus wrote: »

You don't need 2.5k. Just transfer 833 a month 3 times and bobs your uncle.

Steer well clear of RBS.

Just to clarify, I can send 850 to the account and move it to another bank the same day- 3 times in a month and that's OK?

Bubbaclaus

goob20s wrote: »

Just to clarify, I can send 850 to the account and move it to another bank the same day- 3 times in a month and that's OK?

Yes. Only requirement is to credit 2.5k into the account a month. Doesn't have to be in 1 go and doesn't have to stay there.

shardylan

Fann Linn wrote: »

I'm with PTSB and on their rewards a/c and you can elininate charges by using your bankcard more often. Last month alone I had €4 charge but €7 reward.
I can't speak for KBC .

I like ptsb but when I have the option of not paying €18 it needs to be looked at & all of their rewards are not neccesssarily going to cover costs if you don’t use the stores the reward is for.Also going from €12 to €18 is a bit of a jump imo (I did just use Debenhams but was only small amount but got 15c back )

bennyx_o

shardylan wrote: »

I like ptsb but when I have the option of not paying €18 it needs to be looked at & all of their rewards are not neccesssarily going to cover costs if you don’t use the stores the reward is for.Also going from €12 to €18 is a bit of a jump imo (I did just use Debenhams but was only small amount but got 15c back )

With PTSBs Explore Account, you get 10c cash back per Visa Debit card transaction (Except ATM withdrawals) up to a maximum of €5 per month. Monthly fee on the account is €4. This is before any of the rewards from their GoRewards you mentioned

shardylan

bennyx_o wrote: »

With PTSBs Explore Account, you get 10c cash back per Visa Debit card transaction (Except ATM withdrawals) up to a maximum of €5 per month. Monthly fee on the account is €4. This is before any of the rewards from their GoRewards you mentioned

Hasn’t heard of this .Is it easy to switch to ? Will I need to make appointment

bennyx_o

shardylan wrote: »

Hasn’t heard of this .Is it easy to switch to ? Will I need to make appointment

Can upgrade in branch. I'd say an appointment would be needed