I received a letter from PTSB saying they will be charging 25 euro per year to provide an overdraft and 18 euro per quarter to maintain the account. No 18 euro charge will be taken if I keep a daily balance in my account of 2500 euro.
I'm expecting a call back on Monday 28th from local branch. To me it's simple. I will not be paying them for something that another bank (kbc) offers for free.
If they insist on charging me these fees I will simply close this account and also move my mortgage . Might not be much to them but they will be losing out on my few thousand euros per year interest.
Silly move from PTSB in my opinion but I'm sure they've done the sums on how many people will still stay with them and how many will leave.
Looks like they've risked losing 1000's of euro in interest on the presumtion i'll will pay the charges.