Competition on the current bank account market is heating up
- Vladimír Dohnal
- Jun 11, 2021
- 1 min read
Competition on the current bank account market is heating up. The three largest banks are offering accounts for free for one year, plus a cash bonus of €60 (SLSP) or €84 (Tatra banka). ČSOB now offers a free account for those with no need for branches, available via internet banking. This is the first big bank to offer a free account without any conditions to be met. Most Slovaks have their main bank accounts for free now, as they easily meet some requirements, such as spending a certain amount or having other products. Previously, only small banks such as mBank, Fio banka, and 365.bank offered free accounts.
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