Bunq enters ireland

Says here that 'The Irish IBAN is available for all bunqers residing in Ireland' but not clear if Easy Money or Easy Green plan is required

That's if you're not an Irish Resident but want an Irish IBAN

Alright, let's see once the first person takes an easy bank subscription and reports back.

Excellent news because 2.99€ is not a Hugh amount for the basic account.

There are transactional charges if you pay in foreign currency (sadly that was introduced a few months ago) but paying in € is free.

But if you ever need cash, be careful, the daily ATM transaction limit is extremely low with max 250€ (up to €500 after 3 month) daily plus on the easy bank you are getting charged 0.99€ for the first 5 withdrawals and then 2.99€. So, if you need cash, this might be a deal breaker.

Full Pricing is here: 20220328_consumers_business_pricing_EN (website-files.com)

@Yggr of Asgard I also have old travelcard plan until August 2023. What would be the point off an Irish IBAN? I have no intention paying for any plan.

thanks for the summary @Yggr of Asgard - i have a curve card for paying in non-euro currency although, i have no idea if i would be charged a fee when the curve card takes money out of a bunq account as i dont understand the mechanism. As it stands, i dont get charged by KBC for such transactions so i wuold assume it is seen like a debit card transaction and therefore not subject to fees. When did banking become so complex 😂

@Yggr of Asgard - Yes so they are basically trying to get you on a paid plan using this. Not going to happen.

My understanding is that Curve is doing the currency conversion for you (with their fees/limits) and charges the chosen card in € so you should be fine as it's done by currency and not location of the charge (UK).

But best to try it out (given that you can get a 30-day trial with Bunq).

Sorry, no idea what the answer to that one is.

More variety is welcome but a word of caution.

Bunq withdrew services without notice to a feminist women's group in NL last year because of their non-compliance with gender ideology.

I'm not getting into a to-and-fro about gender ideology & women's rights - however, I think it important that people understand when banks do really shítty things and IMO this was a very bad thing and a very undesirable precedent.

I agree. This is one thing that makes me wary of using these banks as my main account. I have read many accounts of N26 disabling customer accounts with no warning and when queried they state "suspicious activity". With these banks there is no way to walk into a branch and kick up a fuss to get access to your money. Unfortunately with the lack of real choice in Ireland you are left with antiquated banks who dont move with the times, banks the fleece you with monthly charges and transaction fees or these "fin-tech" offerings. Ulster Bank & KBC exiting really gave the consumer in Ireland a sucker-punch

Clearly if you read my posts in this thread i am not demanding "free stuff". The fact that I am conversing about a bank that only offers monthly payment offers (no new free current accounts) confirms the same.

What i was stating in my post that you quoted was that I would be happy to move (and pay) for the service offered by the fintech banks such as N26/Bunq as these offer products that allow for a high number of transactions without charging for the same. This would suit my use-case (multiple low value transactions) but i am worried about how quick (n26 in my example) they have been known to stop access to accounts and are only contactable via email/social media channels in these events. This being a "public forum" I was hoping that others with actual experiences may chime in rather than being scolded for 'demanding' freebies.

Without wanting to stray too off-topic, forgive me for not wanting to prop up one of the Irish "pillar banks" by paying quartely fees on top of per transaction fees, (example AIB €4.50 / quarter + (€0.20 per transaction |€0.30 per ATM transaction) just because they are not "better or worse than those in mainland Europe". I am simply attempting to reduce the amount of fees I will pay rather than just accepting "it is what it is" just as any Joe Public not flush with cash should do. Competition is healthy and customers should vote with their feet. Unfortunately many in this country open an account with bank A and stick with it for life because "that is what they have always done". Perhaps my stint of banking in the UK were banking was free to the end user (as long as you stay in credit and don't incur any fees [which were insanely hefty]) still leaves a bitter taste in my mouth when i compare it to here. That being said, just because Irish banks are on par with other EU banks doesnt mean we shouldnt ask/strive for better.

Hopefully some of those who have signed up to Bunq let us know how they get on with them in time. I will be watching this thread with interest although may now have to think twice before commenting.

Seems like 2.99 to me.

If you need an additional Maestro card for your partner it looks like +3.49.