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BANKS: COSTS OF MANTENMIENTO OF SAVINGS

If you thought that your savings are going to increase in the saving accounts of a bank, pay attention to the following:

Banks charge between $ 3.20 and $ 14 for the "maintenance "and pay between $ 0.05 and $ 0.60 interest.

So, if you saved $ 100 you your bank charged $ 12 per month. After a year, not only have increased your capital in your "savings" but you'll be in debt to the Bank.

Supposedly, the interest they pay are so low because they have included operating costs.

What are the most cost banks charge for the maintenance of Savings?

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According to Undersecretary of Consumer Protection, (dated February 2007), BBVA Banco Frances charges $ 14, $ 12 River Bank, and Citibank and BankBoston $ 10.

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detailed info for each Bank: http://www.mecon.gov.ar/secdef/basehome/precios_utiles.htm

Is this legal? According to the association

PADEC (Prevention, and Consumer Advice) Banks are in breach of various rights such as the lack of reciprocal treatment, the unilateral imposition of fees and unfair terms in the contract


More information
PADEC
According , you need to have more than $ 20,000 in a year to not lose, because the interest payment is less than the cost of maintenance.

For info and reports:

PADEC : Monday, Wednesday and Thursday from 11 to 17 hours
C. Pellegrini 739 to 1 ° of. 4 - Capital Federal Tel: 4326-5564