What Fineco Actually Charges You
Fineco proves an Italian bank can run an account for €0 while the big branches still bill you over €100 a year. Just watch the small print: small cash withdrawals and the physical card are where it claws money back.
Last checked: June 11, 2026 • Official website
The fee schedule, decoded
| Fee | What they take | The fine print |
|---|---|---|
| Account maintenance | €0 to €29.95/month | For accounts opened from 11 February 2026: Fineco One has no monthly fee, Classic costs €3.95 unless you hold €50,000 in assets, Max costs €29.95 unless you hold €500,000. |
| ATM withdrawals | €1.00 | Withdrawals of €100 or more are free at any ATM in Italy. Below €100 you pay €1 on Fineco One, €0.80 on Classic, nothing on Max. |
| Foreign exchange | 0% | Fineco advertises zero commission on the exchange rate for card payments in foreign currency on Fineco One. |
| Transfers | €0 | SEPA transfers, including instant ones, are free and unlimited. International SWIFT transfers cost €10.50. |
| Cards | €9.95/year | The virtual debit card is free; the physical card costs €9.95 a year, waived for under 30s. On Fineco Max the debit card and two credit cards carry no fee. |
| Other charges | €34.20/year | Government stamp duty, charged on top of any account fee when your average balance exceeds €5,000. |
Questions people actually ask
Yes, Fineco One has no monthly fee and no asset conditions. You still pay the €34.20 state stamp duty if your average balance exceeds €5,000, and €9.95 a year if you want the physical debit card.
Withdrawals of €100 or more are free at any ATM in Italy. Below €100, Fineco One charges €1 per withdrawal and Classic €0.80; only Max makes every withdrawal free.
One is free and app-based with a virtual card. Classic costs €3.95 a month, waived with €50,000 in assets, and adds cheaper small withdrawals and full assistance. Max costs €29.95, waived with €500,000, and includes free withdrawals and free credit cards.
Yes, SEPA transfers including instant ones are free and unlimited on all Fineco accounts. International SWIFT transfers cost €10.50.
Fineco One advertises zero commission on the exchange rate for card payments in foreign currency. That beats the 1% to 2% conversion markups common at traditional banks.
Sources
Every number above comes from the bank's own documents.
Think your bank treats you better?
Upload a statement. Two minutes. Every fee they charged you, dragged into the light.
Analyze My Statement