Get newsletter

Be the first to receive the latest news about Numbrs.


How to avoid Banking Fees with Numbrs

Banking Fees often do not seem like a lot, but they can add up quickly. The good thing? They’re easily avoidable. Find out how.

Why Banking Fees?

A checking account is the core of your personal finances. For most people, your regular income and expenses pass through a checking account. In many ways, it is like your personal finance headquarters, with other financial accounts linking to this account for transfers.

Some banks charge a fee just to have an account. These monthly maintenance fees are an automatic feature and dependent on what services you sign up for. For most, that kind of fee will more than eat up any interest you earn throughout the year.

The fees may not seem like a lot, but they can add up quickly. However, they’re easily avoidable, and they don’t provide any benefit to you — it’s money completely gone down the drain. But everyone can actually get rid of these fees with just a little effort. It is one of the first steps you should take to get your finances in order.

Avoid Overdraft Fees

Overdraft fees are probably the most notorious of bank fees. Sometimes, you just don’t realize how much money is in your account and you make a payment that sends you into the negative. So naturally, the banks charge you money for not having enough money.

The simple solution? Stop overdrafting and learn to manage your money better. The Analysis Feature of Numbrs can support you keeping your budgets. Easily set up a budget within the app and be alerted when your budget is almost exceeded. That way you can avoid overspending.

The Analysis feature of the app helps you controlling your finances.

Avoid ATM Fees

ATM fees are pretty well known, but that doesn’t make them any less annoying. If you use an ATM not owned by your bank, you will be charged a fee by both your bank and the ATM company.

If you use ATMs a lot, this can add up pretty quickly. There are plenty of banks that will refund all your ATM fees, so it’s like you never paid them. Switch to one of those and you’ll never worry about ATM fees again.

Avoid Paper Statement Fees

It might seem ridiculous, but a number of banks charge you for printed paper statements. Get rid of those fees by using the Numbrs Timeline function. On your timeline you can stay on-top of all your incoming and outgoing transactions. Additionally you can check your latest bank account balance and control all details of your transactions made.

Avoid Maintenance Fees

For many years, free and no-fee checking accounts were a given. But over time, banks have slowly eliminated no-fee checking accounts. Instead, checking accounts might charge monthly maintenance fees if you don’t meet specific requirements. And for most people, those fees are completely worthless and avoidable.The Money Store offers you a selection of fee free accounts to choose from.

Get the free account and start saving fees.

If you want an easy-to-use, no-fee checking account, we offer you this month the norisbank Top-Giro Account. This banking account is simple to use and does not charge any fees for regular checking account activities, account maintenance, or ATM service. Apply for the account within the Money Store and get a 150€ Bonus.

Banks love fees and even when you know about them, it’s hard to track them sometimes. Be aware and get notified when fees occur. Numbrs will give you a breakdown of your monthly fees, to make it easy for you to monitor. When a new fee appears, you’ll know what to do and make sure it doesn’t happen again.


July 2021

June 2021

May 2021

April 2021

March 2021

February 2021

January 2021

December 2020

November 2020

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017