The nice Commerzbank $CBK (-2.7%) has sent me a letter announcing that they will start charging account management fees on the Basic current account in the 2nd quarter. 5 a month for no additional services.
I am currently still using 2 giro accounts (Commerzbank and C24) - but this will now change to 100% C24 in the course of March. There I get more services for 0€ and Commerzbank doesn't offer any services for which I would need a branch. 🤷🏻♂️
I wonder if this is really the move, and if they shouldn't have just made the fee-based accounts more expensive? (I'm sure if you're paying for Giro anyway it makes no difference whether it's €5, €9 or €15)
I'm sure I'm not the only one making the change now, I wonder if the exchange rate will react to it over the course of the year? the user numbers over the course of 2025 will definitely be interesting 🧐
Kiss,
Larry
