Would EU law not dictate that they would have to at least offer a basic bank account for first 12 months free (can't hold another current account already etc.)?
No frills or gimmicks are expected but there will need to be a premium offering to win over customers before launching more products
www.businesspost.ie
Business Post says that BankInter will offer "flexible, innovative, no frills or gimmicks" savings product in the Summer. Whatever on earth that will mean.
In other countries, BankInter offer instant access accounts with promo rates for year 1 and smaller promo rate for year 2.