the banks where you will pay the least

Banque Populaire and Crédit Maritime for young people, Crédit Agricole Normandie-Seine and Banque Postale for the “classic” profile, Crédit Agricole Normandie for the “premium” customer. Here is the 2024 ranking of the cheapest banks in Normandy.

Like every year in November, MoneyVox unveils its Bank Trophies, rewarding the establishments which charge the best rates (1). The results are broken down by region, which makes it possible to identify, for the 3 typical customer profiles established by the editorial team (read the methodology), the cheapest banks in a particular territory.

Among young people, two establishments belonging to the same group (BPCE) arrive tied in Normandy and win a Trophy: Banque Populaire Grand Ouest and Crédit Maritime Grand Ouest. In these brands, bank charges amount to 20 euros per year for the defined profile. The bill is notably reduced by the existence of the “Cristal Essentiel” package, which costs only 1 euro per month for 12-24 year olds and which includes many services. 20 euros is much less than the average for the region, which amounts to 33.75 euros taking into account the 14 establishments present in Normandy (this is also the highest average in the regions metropolitan areas). And it is also 20% less than the two banks which come just behind: Crédits Agricoles Normandie and Normandie-Seine, where the Globe Trotter offer costs 24 euros per year for young people.

BankAnnual rate for
the Young profile
Banque Populaire Grand Ouest€20.00
Crédit Maritime Grand Ouest€20.00
Crédit Agricole de Normandie-Seine€24.00
Crédit Agricole Normandie€24.00
LCL€26.00
BNP Paribas€29.00
Crédit Mutuel Normandie€31.46
SG (formerly Société Générale)€32.90
Normandy Savings Bank€34.50
CIC€40.71
The postal bank€41.60
Crédit Mutuel Maine-Anjou, Lower Normandy€43.74
BRED Banque Populaire€45.60
HSBC€59.01

For the “Classic” profile, it is Crédit Agricole Normandie-Seine (present in Eure and Seine-Maritime) which offers the cheapest price. By paying for each service à la carte, the customer will pay an annual bill of 154.50 euros (note: with the Essential package, they would have paid 174.50 euros in our study). The postal bank comes just behind with a cost of 157.60 euros for the year and therefore also receives a Trophy in this region. On average, in Normandy, customers corresponding to this standard profile pay 179.35 euros (which is still much more than the bill for online banks, where the classic customer can pay barely 3 euros per year).

BankAnnual rate for
the Classic profile
Crédit Agricole de Normandie-Seine€154.50
The postal bank€157.60
Normandy Savings Bank€163.90
SG (formerly Société Générale)€166.80
Crédit Agricole Normandie€168.15
Crédit Mutuel Maine-Anjou, Lower Normandy€176.34
HSBC€177.50
BNP Paribas€178.54
CIC€178.90
Crédit Mutuel Normandie€179.26
Banque Populaire Grand Ouest€186.44
Crédit Maritime Grand Ouest€187.64
LCL€203.72
BRED Banque Populaire€231.60

For the Premium profile, it is another local bank of Crédit Agricole which comes alone in the lead. Crédit Agricole Normandie (present in Calvados, Manche and Orne) allows its customers to pay only 183.60 euros in bank fees for the year (via its “premium” package at 15.30 euros per month). This establishment saves around 46 euros on the average rate in the region (229.01 euros), the 2nd highest of the metropolitan regions in our study.

BankAnnual rate for
the Premium profile
Crédit Agricole Normandie€183.60
Crédit Agricole de Normandie-Seine€192.00
SG (formerly Société Générale)€196.30
Normandy Savings Bank€201.90
BNP Paribas€207.70
Crédit Mutuel Maine-Anjou, Lower Normandy€210.72
The postal bank€224.15
Banque Populaire Grand Ouest€235.14
HSBC€236.30
Crédit Maritime Grand Ouest€242.64
Crédit Mutuel Normandie€243.75
CIC€246.65
LCL€284.10
BRED Banque Populaire€301.25

(1) A Trophy is awarded to the cheapest bank in the region, as well as to the next one(s) if the rate(s) is very close (difference of less than 3%)

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