Fee increases across La Banque Postale services

La Banque Postale has announced a series of fee increases across its range of services. The standard account maintenance fee rises from 25.20€ to 25.80€ per year, or from 2.10€ to 2.15€ per month, representing an increase of 2.38%. The basic bundled package, marketed under the name "Alliatys with Visa Classic," sees its annual fee increase from 92.40€ to 94.80€, or from 7.70€ to 7.90€ per month, a rise of 2.60%.

Annual subscription fees for bank cards rise

Across the entire range of bank cards, annual subscription fees have increased. The Visa Infinite card's subscription increases from 345.20€ to 356.48€, a rise of 3.27%. The Visa Platinum follows with an increase from 214€ to 222.28€, a rise of 3.87%, while the Visa Premier moves from 141.20€ to 146.24€, or +3.57%. The Visa Classic is not spared either, with its subscription increasing from 47.60€ to 49.40€, a rise of 3.78%. The systematic authorization Visa records the most moderate increase in the range, moving from 34.50€ to 35.10€ for immediate payment, or +1.74%.

Higher fees for cash withdrawals and transfers

The cost of cash withdrawals made at ATMs of another brand than La Banque Postale increases notably. Starting from the fourth monthly withdrawal in the euro zone, the fees increase from 1€ to 1.15€, which represents an increase of 15%. The cost of an occasional transfer made via an advisor increases from 6€ to 6.20€, a rise of 3.33%.

Overdraft debtor rates increase

The debtor rates on overdrafts have significantly increased. The conditions applied to authorized overdrafts have changed significantly. The debtor rate of the authorized overdraft increases from 16% to 17%. Regarding the overdraft exceedance, the debtor rate also increases, moving from 17.00% to 18.00%. The periodic fees related to the authorization of overdraft remain fixed at 7.20€ management fees, with the exemptions for overdrafts below 300€ and for customers aged 18 to 29 years remaining in place. However, the minimum fixed amount, previously set at 3€ per quarter, disappears, a consequence of the implementation of new rules on consumer credit, which prohibit these practices.

Transfer fees for financial investments increase sharply

One of the most significant increases concerns the transfer fees for financial investments. For the Plan d'Epargne en Actions (PEA), the transfer fees per line jump from 7€ to 15€, an increase of 114.29%, with the ceiling remaining set at 150€. The ordinary securities account undergoes a similar change: the fees per line also increase from 7€ to 15€, while the minimum billing threshold is raised from 65€ to 70€, an increase of 7.69% on this floor threshold.

Inheritance management fees now apply

The pricing of inheritances has been completely redesigned. The management of inheritances is subject to a major pricing overhaul. Until now free in most cases, the fees for processing an inheritance become payable again, a consequence of the Constitutional Council's rejection of most of the law regulating these fees charged to the families of the deceased. The free service is now limited to inheritances where the assets do not exceed 10,000€, beyond which a rate of 1% is applied, with a ceiling set at 857€. The exemption in the case of a minor deceased is maintained.