Debit cards are hidden financial infrastructure

Re:Debit cards are hidden financial infrastructure by doikor on Saturday November 13, 2021 @03:14AM (#29208287)

Here in Finland banking fees are a thing only for the poor (and even then we are talking about a total of 20 or 30 euros per year)

Basically every bank has some kind of "premium customer" program that you qualify for by having enough investments or loans from that bank and magically all your banking fees go away (obviously they just make their money from the services they provide for your investments/loans)

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Re:Debit cards are hidden financial infrastructure by kwhitefoot on Saturday November 13, 2021 @05:01AM (#29208724)

Banking fees? Never paid any as far as I can tell, not for the ordinary things. My bank here in Norway won't pay a bill if there isn't enough money in the account. It sends me a text and an email to say what happened and doesn't charge me anything.

The only fees I pay are a small percentage for management of mutual funds.

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Re:Debit cards are hidden financial infrastructure by adpcm on Saturday November 13, 2021 @10:15AM (#29210290)

I’m assuming parent meant fees like X per month for having a debit/credit card or for access to “online” banking.

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Re:Debit cards are hidden financial infrastructure by kwhitefoot on Monday November 15, 2021 @08:40AM (#29227215)

You are right I pay an annual fee for my credit card and debit card. No fees for using them or access to online banking. The bank is online only anyway.

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Re:Debit cards are hidden financial infrastructure by doikor on Saturday November 13, 2021 @10:21AM (#29210334)

Yeah that is what I meant. Basically having online banking + debit/credit card. Also for under 2X years old (depends on the bank) they are usually free.

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