Here is the best choice to make regarding your current account.
For all those who are looking for a zero-fee current account that is easy to manage, the best solution is undoubtedly represented by online current account.
THE online current accounts in fact, they are completely free and have no commissions for bank transfers and withdrawals. In order to identify the best online current accounts, various aspects must be taken into account such as customer service, convenience, the digital experience, the products included in the account or even the conditions regarding credit and overdrafts.
Still other factors are those of the annual fee, the cost of issuing the credit or debit card associated with the account, any advantages and promotions, the credit limit limits and the range of products available.
So below is an overview of online current accounts, from yours main types right down to how to open them and to advantages that they can offer.
Online current account: what it is and its types
According to research carried out by the team of Forbes Advisor the best online current accounts regarding this 2024 are Revolut Standard Account by Revolut, BBVA current account of BBVA, Sella Start account of Banca Sella, SelfyAccount of Mediolanum, Fineco current account of Fineco, Orange current account + Zero Constraints Module by ING e HYPE Next by HYPE. For those who don’t know, the current account is a tool for managing the money that in Italy is made available by banks (bank current account) and by Poste Italiane (postal current account). The online current account is specifically an entirely digital current account that can be managed via smartphone or PC and can therefore also be opened electronically.
Among the main ones types of online current accounts there are the following: online current accounts with no feeswhich have no opening costs and which have both fees and commissions eliminated; online current accounts for minorswhich are opened by parents and which are registered to children who are under 18 years of age; online business current accountswhich are aimed at large companies, freelancers, and small and medium-sized businesses.
Online current account: how to open it and its advantages and disadvantages
To open a current account you must be at least 18 years of age as well as a tax code and a valid identity document. The bank may also ask for a copy of your pay slip, a certificate of residence, or even a copy of your employment contract, among other things. The procedure for opening a online current account turns out to be extremely simple: you must always be in possession of a valid tax code and identity card as well as a stable internet connection with a well-lit room to possibly allow identification via video.
Finally, the following are to be taken into consideration advantages they disadvantages offered by opening an online current account. As regards the advantages, the following should be highlighted: lower costs regarding management costs and lack of time limits. Regarding the disadvantages, however, we must consider the lack of ATMs, the risk of a smaller number of services available and limited customer service.
