Zero Fee Banking and Free Online Bank Account: Get the Bests

Zero Fee Banking and Free Online Bank Account: Get the Bests

Online Bank Account

IDFC FIRST Bank’s Zero Fee Banking feature helps customers access 28 commonly used Savings account services for free by waiving their fees. Since this is a feature you will find in the top mobile banking apps of the day like IDFC FIRST Bank Mobile App, you must know all the details of Zero Fee Banking to understand this feature better. This article uses IDFC FIRST Bank’s example to explain the benefits of Zero Fee Banking while opening a new bank account online.  

  1. IDFC FIRST Bank’s mobile banking app helps you save more

Customers end up spending a lot while accessing banking services. Zero Fee Banking helps customers avoid these additional charges. Furthermore, the IDFC FIRST Bank banking app enables customers to save more using the Track My Expense feature. This feature facilitates better budgeting and consequently enhanced savings. 

  • Zero Fee Banking helps you open a free online bank account

You can open a free online bank account through IDFC FIRST Bank mobile banking app. The bank does not charge any account-opening fee from customers for an online account opening. Upon signing up for IDFC FIRST’s mobile banking services, customers can instantly access their savings accounts. Some examples of services that customers can access instantly are – bank account balance, FD (Fixed Deposit) accounts, and investments. 

  • Zero Fee Banking helps you save more while transferring funds online

IDFC FIRST Bank’s Zero Fee Banking feature makes online fund transfers cost-efficient. It waives the fees for three important online fund transfer options – IMPS (Immediate Payment Service), NEFT (National Electronic Funds Transfer), and RTGS (Real-Time Gross Settlement). If you opt for IDFC’s mobile banking services, the “Auto Pay” and “One-Swipe Pay” options also help you transfer money efficiently. A defining feature of top online banking apps is the option of multiple online fund transfer methods. 

  • Transacting at ATMs is cost-effective with Zero Fee Banking

IDFC FIRST Bank also waives ATM transaction fees via its Zero Fee Banking feature. The best mobile banking apps of the day do not charge customers for non-home-branch transactions. Furthermore, IDFC FIRST Bank does not charge customers for cash deposits and withdrawals via ATMs. While transactions through ATMs have reduced thanks to UPI, you need not worry about extra charges after opting for an IDFC FIRST Bank savings account. 

  • You can opt for a lifetime-free credit card

If you wish to opt for a credit card immediately after opening a savings account, Zero Fee Banking can help you get one without hassles. The IDFC FIRST Bank’s Zero Fee Banking feature enables customers to access lifetime-free credit cards with zero annual fees at low-interest rates. To read more about IDFC FIRST Bank’s lifetime-free credit cards and their advantages, visit the bank site today. 

You will find a feature like IDFC FIRST Bank’s Zero Fee Banking feature in the best mobile banking apps of the day. The fees charged by banks instead of offering banking services add up over time. A waiver of these fees can prove to be beneficial to all customers.

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