Updated September 28, 2026
What is Monthly fee?
In short
The monthly fee is what a provider takes each month for keeping an account or card open, whether you use it or not.
A monthly fee is what the provider takes each month for keeping the account or card open, whether or not you use it, and it sits on top of any per-payment cost. Absa charges ZAR 115 for its personal banking account, while the business account at ABN AMRO Zakelijk costs €1.50. Absa Seychelles and ACB Grenada Bank charge SCR 0 and XCD 0, so check whether your own account sits in the free tier before you budget anything.
Sources
- gd.acbonline.com, checked September 26, 2026
- abnamro.nl, checked September 26, 2026
- absa.co.za, checked September 26, 2026
- absa.sc, checked September 26, 2026