The "tariff shield" announced by the FBF (French Banking Federation) is broadly reflected in the 2023 tariffs applied by banks, even if the price of certain services continues to rise. Find out more about the limited increase in charges in the survey by the CLCV association (Consommation, Logement, Cadre de Vie).
Rates in line with bank commitments
The CLCV association's annual survey holds no major surprises for bank charges in 2023.
Following the announcement by the Minister of the Economy and the Chairman of the FBF that bank charges would rise by no more than 2% in 2023, banks announced that they would go even further in moderating their charges. Crédit Coopératif, for example, pledged to freeze its rates in 2023, as did BNP Paribas and LCL. For its part, Société Générale had indicated that the network would maintain "globally stable" rates, and that it had already increased its specific offer dedicated to fragile customers to 1 euro.
The results of the survey carried out by the CLCV association confirm the commitments made by the banks. They reveal that for "small consumers" of banking services, the average cost in mainland France will remain at 66.96 euros. For "average profiles", it will reach 148.76 euros. Heavy users " will have to reckon with an average cost of 208.04 euros. The latter will therefore see an increase in their basket of services of 1.24% and 0.89% compared to the 2022 banking rates.
These changes, most of which will only take effect on February 1, remain well below the 6.2% year-on-year inflation rate recorded in November, according to data published by Insee.
Some bank rate hikes expected
While bank charges are expected to remain stable in 2023, a few increases are expected. These include the price of bank cards, account management fees and payment card insurance.
More specifically, the average cost of bank cards will rise, regardless of type:
- immediate debit cards were up 0.99%.
- deferred debit and Premier cards by 0.77%.
According to the CLCV survey, account management fees have risen by an average of 1%, excluding Milleis, which has abolished them.
Towards free incident charges across the board
The association examined the offer aimed at fragile customers. Banks were called upon to make an effort in the context of inflation and the crisis in purchasing power, by reducing the fee to 1 euro for these profiles. It emerged that only a few banks (Boursorama, BNP Paribas, Fortuneo, HSBC, Banque Populaire Auvergne Rhône Alpes) went further, offering the service free of charge.
With regard to bank incident fees, the survey reveals that they are charged at 8 euros in most cases. The CLCV association calls for certain incident fees to be free of charge, with a ceiling of 20 euros per month and 200 euros per year.
No change at Anytime
For Anytime, on the other hand, there is no change in pricing. The company makes a point of being completely transparent about the fees it charges, and remains a much less expensive solution than traditional banks.
To find out more about how Anytime can help you manage your day-to-day finances at the best possible price, talk to one of our experts to define your needs in just a few minutes.