 | | | 
13.04.2021, 21:18
|  | Forum Veteran | | Join Date: Feb 2011 Location: Frauenfeld
Posts: 1,004
Groaned at 2 Times in 2 Posts
Thanked 962 Times in 442 Posts
| | PostFinance upping their fees
Heya
Just a quick heads-up, got a letter from PostFinance today that they were upgrading their fees and blablabla and they had analysed my account and found that I fit best into their most expensive option (of course)  .
So, starting on 01.07. they wanted to charge me 12.- per month, plus 5.- per month for any paper letters. Which gives a whopping 204.- fee per year for the honour of giving them your money  .
If anyone here has a PostFinance account, you can log-in to their website and change the settings (quite well hidden, click on your name in the menu, then "My products", under "Fees", which is such a beauty in graphical design that my old brain couldn't find it for a solid minute, the tiny "Details" button on the right, and then "Check and adapt options", and there you can switch.
/RANT OVER
Hope this can be helpful to someone else. More details can be found here: https://www.postfinance.ch/en/privat...g-package.html | The following 7 users would like to thank Squeeeez for this useful post: | | 
13.04.2021, 21:21
|  | Moderately Dutch | | Join Date: May 2011 Location: Zurich
Posts: 11,832
Groaned at 387 Times in 325 Posts
Thanked 15,486 Times in 7,143 Posts
| | Re: PostFinance upping their fees
Curious question, why would you want paper statements?
| The following 2 users would like to thank roegner for this useful post: | | 
13.04.2021, 21:38
|  | Forum Veteran | | Join Date: Feb 2011 Location: Frauenfeld
Posts: 1,004
Groaned at 2 Times in 2 Posts
Thanked 962 Times in 442 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Curious question, why would you want paper statements? | | | | | Let's just say I'm old. I like to have stuff I can touch, in binders, and know where I can find it again in twenty years.
PDF files on the computer, on the other hand... I can't imagine what will have happened to them in even five years.
I know there's next to zero chance of reading anything I did for university twenty years ago, unless I have it on paper.
And if it stays on the screen, it doesn't enter my brain. Same with books.
Maybe it's also about the principle, 5.- for a measly piece of paper.
And then of course their sister post.ch complains that nobody is sending any letters any more  .
| The following 3 users would like to thank Squeeeez for this useful post: | | 
13.04.2021, 22:21
|  | Moderately Amused | | Join Date: Jul 2010 Location: Bern area
Posts: 11,489
Groaned at 92 Times in 87 Posts
Thanked 20,012 Times in 8,857 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Let's just say I'm old. I like to have stuff I can touch, in binders, and know where I can find it again in twenty years.
PDF files on the computer, on the other hand... I can't imagine what will have happened to them in even five years.
I know there's next to zero chance of reading anything I did for university twenty years ago, unless I have it on paper.
And if it stays on the screen, it doesn't enter my brain. Same with books.
Maybe it's also about the principle, 5.- for a measly piece of paper.
And then of course their sister post.ch complains that nobody is sending any letters any more . | | | | | Get the PDFs, print yourself and put into the binder. It costs less than 5 Francs. | The following 6 users would like to thank 3Wishes for this useful post: | | 
13.04.2021, 22:45
|  | Forum Legend | | Join Date: Jun 2006 Location: Kt. Bern
Posts: 5,175
Groaned at 296 Times in 222 Posts
Thanked 8,425 Times in 3,716 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Let's just say I'm old. I like to have stuff I can touch, in binders, and know where I can find it again in twenty years.
PDF files on the computer, on the other hand... I can't imagine what will have happened to them in even five years.
I know there's next to zero chance of reading anything I did for university twenty years ago, unless I have it on paper.
And if it stays on the screen, it doesn't enter my brain. Same with books.
Maybe it's also about the principle, 5.- for a measly piece of paper.
And then of course their sister post.ch complains that nobody is sending any letters any more . | | | | | It’s not 5 francs for a piece of paper, it 5 francs to cover the cost of running a large printing, sorting and distribution operations for the small number of customers that still want printed statements.
| The following 4 users would like to thank Jim2007 for this useful post: | | 
14.04.2021, 06:57
| Forum Legend | | Join Date: Mar 2009 Location: Zurich
Posts: 13,927
Groaned at 1,346 Times in 898 Posts
Thanked 20,878 Times in 7,984 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Let's just say I'm old. I like to have stuff I can touch, in binders, and know where I can find it again in twenty years.
PDF files on the computer, on the other hand... I can't imagine what will have happened to them in even five years.
I know there's next to zero chance of reading anything I did for university twenty years ago, unless I have it on paper.
And if it stays on the screen, it doesn't enter my brain. Same with books.
Maybe it's also about the principle, 5.- for a measly piece of paper.
And then of course their sister post.ch complains that nobody is sending any letters any more . | | | | | The reason paper statements cost 5chf is because it is economically unfriendly and they are rightly trying to dissuade people from using it. If you aren't willing to learn new small IT-related things and/or adjust habits to fit with the changing times then that is the price you must pay for convenience.
You could buy a black and white laser printer that will do tons of prints reliably and cheaply... though of course it will take 1.5 years to make the initial investment worthwhile vs paying 5chf per month for the statements https://www.digitec.ch/en/s1/product...upplier=406802 | The following 2 users would like to thank Chuff for this useful post: | | 
14.04.2021, 08:01
|  | Forum Legend | | Join Date: Sep 2006 Location: Zürich
Posts: 8,702
Groaned at 383 Times in 263 Posts
Thanked 13,081 Times in 4,481 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Let's just say I'm old. I like to have stuff I can touch, in binders, and know where I can find it again in twenty years.
PDF files on the computer, on the other hand... I can't imagine what will have happened to them in even five years.
I know there's next to zero chance of reading anything I did for university twenty years ago, unless I have it on paper.
And if it stays on the screen, it doesn't enter my brain. Same with books.
Maybe it's also about the principle, 5.- for a measly piece of paper.
And then of course their sister post.ch complains that nobody is sending any letters any more . | | | | | Then after 10 years what do you do with your by now fat file of statements and other confidential information? Buy a shredder??
| The following 2 users would like to thank AbFab for this useful post: | | 
14.04.2021, 08:52
|  | Forum Legend | | Join Date: Apr 2010 Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Then after 10 years what do you do with your by now fat file of statements and other confidential information? Buy a shredder?? | | | | | Perhaps he keeps them like Warren Buffet who has every tax declaration he ever made, over 70 years of confidential paperwork!
| 
14.04.2021, 09:13
|  | Forum Legend | | Join Date: Mar 2012 Location: Zurich
Posts: 3,295
Groaned at 67 Times in 52 Posts
Thanked 3,291 Times in 1,750 Posts
| | Re: PostFinance upping their fees
So! What's the alternative to PF?
| The following 2 users would like to thank robBob for this useful post: | | 
15.04.2021, 21:06
| Member | | Join Date: Mar 2014 Location: Zug
Posts: 155
Groaned at 2 Times in 1 Post
Thanked 79 Times in 49 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Perhaps he keeps them like Warren Buffet who has every tax declaration he ever made, over 70 years of confidential paperwork! | | | | | I'm not quite as old as Buffet but I have all my payslips, except from the very first tax year I worked when I was 16 and all tax returns.... It's a fairly full box of papers now!
| This user would like to thank Cider Woman for this useful post: | | 
13.04.2021, 22:38
|  | Forum Legend | | Join Date: Jun 2006 Location: Kt. Bern
Posts: 5,175
Groaned at 296 Times in 222 Posts
Thanked 8,425 Times in 3,716 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Heya
Just a quick heads-up, got a letter from PostFinance today that they were upgrading their fees and blablabla and they had analysed my account and found that I fit best into their most expensive option (of course) .
So, starting on 01.07. they wanted to charge me 12.- per month, plus 5.- per month for any paper letters. Which gives a whopping 204.- fee per year for the honour of giving them your money .
If anyone here has a PostFinance account, you can log-in to their website and change the settings (quite well hidden, click on your name in the menu, then "My products", under "Fees", which is such a beauty in graphical design that my old brain couldn't find it for a solid minute, the tiny "Details" button on the right, and then "Check and adapt options", and there you can switch.
/RANT OVER
Hope this can be helpful to someone else. More details can be found here: https://www.postfinance.ch/en/privat...g-package.html | | | | | When I logged in there was a button on the right hand side of the landing page clearly indicating that I should check the changes. When I clicked on the button I found they had me on the lowest fees and that it will be canceled by the monthly discount amount. The letter about it arrived two days later.
Nothing was hidden and the change was expected.
| The following 2 users would like to thank Jim2007 for this useful post: | | 
13.04.2021, 22:52
|  | Forum Veteran | | Join Date: Feb 2011 Location: Frauenfeld
Posts: 1,004
Groaned at 2 Times in 2 Posts
Thanked 962 Times in 442 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Get the PDFs, print yourself and put into the binder. It costs less than 5 Francs.  | | | | | Ooh, someone never had to buy one of those golden ink toner cartridges, where you want to print in black and white but the printer won't budge because you're out of CYAN. And then you use them so rarely that they dry out before you can use them a second time. | Quote: | |  | | | When I logged in there was a button on the right hand side of the landing page clearly indicating that I should check the changes. When I clicked on the button I found they had me on the lowest fees and that it will be canceled by the monthly discount amount. The letter about it arrived two days later.
Nothing was hidden and the change was expected. | | | | | They must like you better than me! Even with a discount!
(See, if they're accepting YOUR money for free, they have to get even and ask for triple the base rate from us common folks  )
| 
14.04.2021, 00:05
|  | Forum Veteran | | Join Date: Apr 2007 Location: New Hampshire, USA
Posts: 2,265
Groaned at 13 Times in 5 Posts
Thanked 1,484 Times in 748 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Get the PDFs, print yourself and put into the binder. It costs less than 5 Francs.  | | | | | | Quote: | |  | | | Ooh, someone never had to buy one of those golden ink toner cartridges, where you want to print in black and white but the printer won't budge because you're out of CYAN. And then you use them so rarely that they dry out before you can use them a second time. | | | | | Definitely agree, I have been printer-free for many years. Fortunately I have a thumb drive and friends who still have printers.
| This user would like to thank RetiredInNH for this useful post: | | 
14.04.2021, 09:23
|  | Forum Legend | | Join Date: Jun 2006 Location: Kt. Bern
Posts: 5,175
Groaned at 296 Times in 222 Posts
Thanked 8,425 Times in 3,716 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | They must like you better than me! Even with a discount!
(See, if they're accepting YOUR money for free, they have to get even and ask for triple the base rate from us common folks ) | | | | | Well it would seem that you are not one of the common folks.... most common folks on here have savings, modest investments, mortgages etc. all of which will get them the discount canceling out the fees.
| This user would like to thank Jim2007 for this useful post: | | 
14.04.2021, 10:20
|  | Forum Legend | | Join Date: Oct 2006 Location: canton ZH
Posts: 13,131
Groaned at 218 Times in 182 Posts
Thanked 15,264 Times in 7,847 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | Heya
Just a quick heads-up, got a letter from PostFinance today that they were upgrading their fees and blablabla and they had analysed my account and found that I fit best into their most expensive option (of course) .
So, starting on 01.07. they wanted to charge me 12.- per month, plus 5.- per month for any paper letters. Which gives a whopping 204.- fee per year for the honour of giving them your money .
If anyone here has a PostFinance account, you can log-in to their website and change the settings (quite well hidden, click on your name in the menu, then "My products", under "Fees", which is such a beauty in graphical design that my old brain couldn't find it for a solid minute, the tiny "Details" button on the right, and then "Check and adapt options"unilater, and there you can switch.
/RANT OVER
Hope this can be helpful to someone else. More details can be found here: https://www.postfinance.ch/en/privat...g-package.html | | | | | <<they had analysed my account and found that I fit best into their most expensive option>>
When did they announce that to start on July 1st? They should give you a cancellation period as you're free to move on if you don't agree with unilateral alteration of contract!
My bank also wants me to sign a dubious change of contract. At least I know now that PF is not the place to go if I need to take the consequences | Quote: | |  | | | Ooh, someone never had to buy one of those golden ink toner cartridges, where you want to print in black and white but the printer won't budge because you're out of CYAN. And then you use them so rarely that they dry out before you can use them a second time. | | | | | Well, you'll use the printer (a lot) more often now, so one problem solved.
I've not seen a paper from the bank in years. Yet I too like hard copies of some things, so I print them out. | Quote: | |  | | | Why would you expect any commercial organization to give their goods or services away for free? Some people’s sense of entitlement is amusing....... | | | | | This. I sometimes wonder when that actually started.
__________________ It's all a matter or perspective.
So move your butt and look at it from the other side | This user would like to thank curley for this useful post: | | 
14.04.2021, 12:35
|  | Forum Legend | | Join Date: Oct 2007 Location: Aargau
Posts: 8,875
Groaned at 125 Times in 92 Posts
Thanked 6,610 Times in 3,659 Posts
| | Re: PostFinance upping their fees
So what to do with any banking costs? There’s nothing you can do that will significantly save you money or worth time. Juggling between different institutions? Is that proverbial “CHF60” worth complaints? You need account for your incoming salary payment and other card transactions. Any other options?
If you feel bad about the fees start investing your money in some assets to beat the bank miserable interests, inflation and start feeling good about your money again. Time to take things in one’s own hands as banks won’t solve your financial problems the way you could if you take some initiative and study the markets. | This user would like to thank jacek for this useful post: | | 
14.04.2021, 14:22
| Forum Veteran | | Join Date: Sep 2016 Location: Greater Zurich
Posts: 606
Groaned at 12 Times in 9 Posts
Thanked 151 Times in 100 Posts
| | Re: PostFinance upping their fees
I also received the letter a few days ago and had read about it in the media before.
To me, the most affecting change (with the cheaper model that was proposed to us), is that from now on, we will get charged for cash withdrawals using PostFinance card from non-PF ATMs (2 CHF /w/d).
| 
14.04.2021, 15:00
| Forum Legend | | Join Date: Mar 2009 Location: Zurich
Posts: 13,927
Groaned at 1,346 Times in 898 Posts
Thanked 20,878 Times in 7,984 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | To me, the most affecting change (with the cheaper model that was proposed to us), is that from now on, we will get charged for cash withdrawals using PostFinance card from non-PF ATMs (2 CHF /w/d). | | | | | Wasn't that the case anyway? | This user would like to thank Chuff for this useful post: | | 
14.04.2021, 15:12
|  | Forum Legend | | Join Date: Jun 2006 Location: Kt. Bern
Posts: 5,175
Groaned at 296 Times in 222 Posts
Thanked 8,425 Times in 3,716 Posts
| | Re: PostFinance upping their fees | Quote: | |  | | | I also received the letter a few days ago and had read about it in the media before.
To me, the most affecting change (with the cheaper model that was proposed to us), is that from now on, we will get charged for cash withdrawals using PostFinance card from non-PF ATMs (2 CHF /w/d). | | | | | Can't member the last time I made a cash withdrawal.. between all the electronic options and the current preference for electronic payments at the shops, I still have over 100 CHF in my wallet untouched for well over a year.
| 
30.11.2021, 11:41
|  | Forum Veteran | | Join Date: Mar 2008 Location: Versoix
Posts: 1,154
Groaned at 10 Times in 9 Posts
Thanked 800 Times in 337 Posts
| | Re: PostFinance upping their fees
Got this message when logging into Postfinance today E-cockpit will no longer be available from 11 February 2022
That is a real shame as it helped me a lot to categorise my payments and invaluable to pull extracts for proof in court as to my finances.
Anyone know if there is a third party plugin or?
Might have to think about switching but reluctant due to all the standing orders etc.
| This user would like to thank magic for this useful post: | |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | | Thread Tools | | Display Modes | Hybrid Mode |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT +2. The time now is 02:56. | |