Banks have begun to move back towards fee-paying current accounts, but students are among the few who escape fees for day-to-day transactions.
However, while students may avoid transaction charges, they should still beware of penalty fees. A recent National Consumer Agency (NCA) comparison of student current accounts compared fees, interest rates and other features. It showed that non-payment and referral fees could be as much as €12.70 per transaction on some student accounts.
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