Bank with our Premium Membership

Daily Banking:
Price of daily banking services are based on the cheapest daily banking packages of banks active in Belgium based on a comparison via wikifin.be: 35 years old, private person, 2 debit cards, 2 credit cards, 12 ATM withdrawals at their own bank per year, 52 ATM withdrawals at other banks per year, 20 ATM withdrawals of €500 in other currencies per year, 10 national money transfers per month, 15 instant transfers per month. All these services are included and unlimited in the premium membership. Source: https://www.wikifin.be/nl/tools/rekentools/vergelijkingstool-zichtrekeningen. Simulation made 28 September 2020.

Exchange rates:
Savings are calculated as the difference between 0% (as Aion Bank does not charge fees on top of the interbank FX rates) compared to 2.2%. The average commission per €100 spent in foreign currencies via standard debit card payment across BNP Paribas, KBC, ING, Belfius, Argenta and Hello Bank is 2.2%, as per official Fees and Charges documents, as of 25 August 2020.

Investments:
Earnings based on costs and performance in mixed UCITS (mixed mutual funds) over 1 yr in Belgium reported by “ESMA Annual Statistical Report 2019 on Performance and Costs of Retail Investment Products in the EU”: 2.13% ongoing costs, 0.12% subscription costs and a 7.03% gross annual return. €10,000 invested with these costs and performance results in €10,466. Investing the same capital without these costs, like at Aion Bank, but with the same gross annual return results in €10,703.

Household bills:
Source: results of CREG (Commission de Régulation de l'Électricité et du Gaz) and PwC study as of April 2020 (https://www.creg.be/sites/default/files/assets/Publications/Studies/F20200520EN.pdf, p. 103 and 130). The savings shown reflect the annual difference between gross costs of "the standard product" and "the cheapest product," averaged for the 3 regions. Note that the data used to calculate these savings may be subject to change.