Almost all of the local Crdit Agricole banks have published their prices for 2024. The result is around twenty increases (on bank cards, checks, etc.), some of which will exceed inflation.
Go back a year. In the fall of 2022, the Minister of the Economy, Bruno Le Maire, is pleased to have obtained from French banks the promise of not increase their prices by more than 2% in 2023. In the crowd, some even announced a freeze in their prices. Not Crédit Agricole, which stands out for its discretion during this sequence. The mutual bank is content to contain its increases below the threshold promised to public authorities, without being more zealous.
What will it be in 2024? We now know the prices that most local Crdit Agricole banks will display on January 1, 2024. The price of many products and services will increase: more than 20, among the tariff lines monitored by MoneyVox. With a few exceptions, these increases will be quite significantly below inflation, expected by INSEE to be 5% in 2023. There are, however, a few exceptions.
Some increases that exceed inflation
A reminder to start: each local Crdit Agricole bank is responsible for its pricing policy. Price changes are therefore not uniform everywhere. The increases present here are average prices expected on January 1, 2024, calculated after analysis of all the price scales. If you are a customer of the mutual bank, you may not be affected by all of these increases. To be sure, refer to your fund’s brochure.
Here, in descending order, are the tariff lines that will increase more than inflation.
| Product or service | Average price as of January 1, 2023 | Average price as of January 1, 2024 | Evolution |
|---|---|---|---|
| 4 monthly withdrawals outside the CA network (annual cost) | 8.70 | 10.68 | +22.7% |
| Setting up a permanent transfer in agency | 2.72 | 3.01 | +10.6% |
| Fees for transferring a securities account | 134.16 | 145.99 | +8.8% |
| Remanufacturing a bank card | 9.28 | 9.95 | +7.2% |
| 4 monthly balance notifications by SMS (annual cost) | 17.44 | 18.67 | +7% |
| PEL/CEL transfer fees | 112.94 | 119.14 | +5.5% |
There we find, as often, fees for using the bank card (cash withdrawals, remanufacturing), the most used means of payment; other lilies resort to the agency for operations which can be made online (setting up a transfer); of the punitive costsfinally, destination for those who transfer money (from a PEL, a CEL or a securities account) to another bank.
All Crdit Agricole banking rates on MoneyVox
About twenty increases
Many other prices, even the majority of those referenced in the various brochures, will also increase. We have chosen to only retain increases greater than 1%. It includes, as every year, account management, all ranges of bank cards and fees linked to the use of checks.
| Product or service | Average price as of January 1, 2023 | Average price as of January 1, 2024 | Evolution |
|---|---|---|---|
| Account maintenance fees (annual fee) | 17.53 | 18.13 | +3.4% |
| Occasional transfer initiated in agency (pice) | 4.22 | 4.30 | +1.9% |
| Bank cards | |||
| Visa Classic immediate debit (annual cost) | 44 | 45.31 | +3% |
| Visa Classic deferred debit (annual cost) | 43.89 | 45.06 | +2.7% |
| Immediate First Debit Visa (annual cost) | 126.03 | 129.89 | +3.1% |
| Visa First deferred debit (annual cost) | 125.85 | 129.55 | +3% |
| Visa Infinite deferred debit (annual cost) | 294.49 | 304.49 | +3.4% |
| Instant debit Mastercard (annual cost) | 44 | 45.34 | +3% |
| Deferred debit Mastercard (annual cost) | 43.89 | 45.11 | +2.8% |
| Gold Mastercard instant debit (annual cost) | 126.03 | 130.15 | +3.3% |
| Gold Mastercard deferred debit (annual cost) | 125.85 | 129.57 | +3% |
| World Elite Mastercard deferred debit (annual cost) | 294.49 | 304.10 | +3.3% |
| Maestro Mastercard | 34.17 | 35.76 | +4.7% |
| Withdrawal of 100 euros in foreign currency | 5.64 | 5.76 | +2.1% |
| Payment of 100 euros in foreign currency | 2.63 | 2.68 | +1.9% |
| Editing the secret code | 9.21 | 9.51 | +3.3% |
| Checks | |||
| Stop payment fees on check | 16.12 | 16.63 | +3.2% |
| Bank check | 14.49 | 14.94 | +3.1% |
| Sending checkbook by registered mail | 7.85 | 8.05 | +2.5% |
| Bad check newsletter | 13.79 | 13.98 | +1.4% |
The ranking of the cheapest banks