Some banks are raising the price tag of their current accounts


by Niels Saelens
published on Tuesday April 2, 2024 to 5:25 PM
3 min read

Argenta has increased the price tag of one of its current accounts. The major bank KBC has done the same. That financial institution will also make the free Basic Account payable on July 1.

In the news: Some banks adjusted the rates of current accounts at the start of the new month.

  • KBC previously announced that a price increase was coming. On July 1, the major bank increased the price tag of the so-called Plus Account from 3.25 to 3.75 euros per month. It had been since 2021 that KBC had made the bill more expensive. It is free for young people up to 24 years old.
    • Thanks to this current account package, you can withdraw unlimited money from any bank machine. With many other (free) formulas you have to pay for a cash withdrawal at the ATM of a competing bank.
  • There will be another rate change on July 1. From that day on, you have to pay 2 euros per month for the Basic account. Today it is still free.

More news: Argenta has adjusted the price of the Gold paying account package upwards.

  • From now on, customers pay 5.65 euros per month for this formula instead of 5.35 euros.
    • In addition, a cash withdrawal at the counter now costs 2 euros. Previously it was 1.5 euros.
  • Argenta also changed the rate of the universal banking service, which allows you to perform at least 60 manual transactions per year. You now pay 1.65 euros monthly for this service, compared to 1.35 euros previously.

Noticed: Some banks are just now trying to convince people to open a current account with them. The major bank ING is one of them.

  • New customers who open the Do More current account before April 30 and park 10 euros in that account before May 10 will receive 50 euros from the major bank.
  • In this piece we explain why it is not always a good idea to open such an account blindly.

Do you want to stay informed of everything that is happening in the financial world? Niels Saelens, a journalist with a passion for finance, follows everything closely. You can subscribe to his daily newsletter via this link.

The article is in Dutch

Tags: banks raising price tag current accounts


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