Just a quick update.
It seems that we're all being moved into the Revolut bank whether we like it or not.
No worries, since I keep a fairly low balance with them. My reasoning was and still is, if it's not broken, don't fix it.
But I was reading some comments on other forums about the 100,000 euro guarantee. Although Revolut, like HSBC etc, is in loads of countries, the guarantee is issued by the original country, i.e. Lithuania for Revolut.
Someone pointed out the total cost to the Lithuanian state if Revolut were to go bust, and wondered if they could afford to honour the guarantee.
Things are getting interesting. One of the most well-known and respected EMIs, Transferwise - now Wise - have introduced a 0.9% charge on balances above 3000. Needless to say, the many clients who have been singing their praises for years, are now a bit miffed.
Things were so much easier when I was a student. I could always threaten to take my overdraft somewhere else.
Steve