BforBank has just published a new tariff brochure applicable on August 16, 2023. Several tariff changes are being scrutinized, such as the cost of withdrawals from ATMs in the euro zone. Overview of the changes.
Hard blow for BforBank customers. If the online bank had not changed its prices since October 2021, it is now done. Since Wednesday August 16, 2023, BforBank has applied a new fee schedule to all of its customers. MoneyVox has taken stock of the various notable changes, and the least we can say is that the changes are not in favor of customers. Here is the detail.
Map changes
Last March, BforBank removed the conditions for granting its Visa Classic card, thus making one of its two free cards accessible to everyone. Regarding its higher range cards, the Crdit Agricole subsidiary is becoming stricter with its customers. If the Visa Premier card rest free subject to conditions of use like the Visa Classic, the amount of the costs for non-compliance with these conditions is doubled. Any customer who does not carry out at least 3 payment transactions per quarter would henceforth be levied by the bank of 18 euros (against 9 euros previously).
Regarding the Visa Infinite card, the only paying card for online banking, the conditions do not change. Its holder must always justify 4000euros of monthly net income (or 6000euros in the case of a joint account). On the other hand, the amount of the contribution pass of 200euros annual 220euros, an increase of 10%. A non-negligible additional cost, especially since one of the current operations becomes chargeable beyond a certain number made… Up to now free unconditionally for all cards and unlimited, withdrawals from the ATM are free within the limit of 5 transactions per month. Then the bank charges 1 euro from the sixth operation.
The lack of autonomy penalises
In addition to the reissue of the secret code which is now charged at 5 euros per shipment instead of 3 euros previously, online banking inflates certain operating costs. Thus, it penalizes a little more customers seeking the help of an advisor to carry out day-to-day transactions, instead of carrying them out themselves via their personal space or app. For example, a customer going through customer service to request the completion of a SEPA transfer or the sending of a checkbook (by ordinary or registered mail), will pay 5 euros in fees instead of 3 euros previously. note that these operations remain free if performed by the user.
The BforBank current account in detail