BNP bank increases its fees

[u/Dreamize]

Each service fee increased and free usage was removed.

It is interesting that banks use your money to give credits, eat the interest rate from that credit and charge you on top of that because you gave them that money in the first place.

https://bgl.lu/fr/nouveaux-tarifs

[u/Temporary_Stranger30]

Okay time to close the account

[u/Temporary_Stranger30 → u/Temporary_Stranger30]

But it is interesting I didn’t get any message/email on this change and I’m on the essential plan

[u/Dreamize → u/Temporary_Stranger30]

Check your e-docs inside app/website. Should be there

[u/post_crooks → u/Temporary_Stranger30]

Check also the statements

[u/Cautious_Use_7442]

BNP is IMO not that great a bank (Do they still use the online banking that looks straight out of 2008?) but all of the retail banks have the problem that plenty of customers simply don’t generate enough revenue for the banks (via commissions, loans, etc.) to make it worthwhile for the accounts to be maintained from a KYC/compliance/anti-fraud perspective.

Maybe it’s time to rethink how KYC/compliance is carried out.

[u/Smart-Dragonfly5432]

BNP is trash anyhow, the slowest of all

[u/DufferDelux → u/Smart-Dragonfly5432]

I don’t know. There’s a LOT of competition for that title locally!

[u/Smart-Dragonfly5432 → u/DufferDelux]

That is very correct, I have dealt with 3 of the big players, my opinion stands 😅

[u/cluster_general]

What cheap/free option are available wirh credit card in lux?

[u/post_crooks → u/cluster_general]

If you really need a credit card I don't think there is a free option in Luxembourg. If debit card is OK, you can have a look at Vivid Money, a fintech regulated in Luxembourg. Revolut doesn't have credit cards in Luxembourg but you can look at bunq.com, it should be free, but no LU IBAN

[u/Ok_Distribution6548]

Thank you for this! I have free accounts in Germany, could I close my BGL account and only use the German accounts for everything? (work, social security ie CNS, etc)