If you’re considering opening a Postepay Evolution account, you’re probably wondering about the associated costs. Postepay Evolution is a prepaid card offered by Poste Italiane, one of Italy’s leading postal operators. Opening an account with Postepay Evolution can be a convenient option for managing your finances, but it’s essential to be aware of the fees involved.

Annual Fee

One of the primary costs associated with opening a Postepay Evolution account is the annual fee. As of the latest information available, the annual fee for Postepay Evolution is €10. This fee covers the maintenance and administration of your account for a year from the date of activation.

Card Issuance Fee

In addition to the annual fee, you will also need to pay a card issuance fee. Currently, the card issuance fee for Postepay Evolution is €5.50. This fee is charged only once, at the time of issuing your prepaid card. It covers the production and delivery costs of your physical card, allowing you to make payments and withdrawals at affiliated locations.

Transaction Fees

When using your Postepay Evolution card, there may be transaction fees associated with certain activities. Here is a breakdown of some common transaction fees:

  • ATM Withdrawals: Each time you withdraw cash from an ATM, you will be charged a fee of €1.50.
  • PIN Recovery: In case you forget your PIN and need to retrieve it, there is a fee of €1.50 for this service.
  • Balance Inquiry: Checking your account balance at an ATM will incur a fee of €0.50.
  • Inactivity Fee: If your Postepay Evolution account remains inactive for more than 12 months, a fee of €2.00 per month will be charged until the account is closed or reactivated.

Other Fees

It is important to note that there may be additional fees associated with specific services or situations. These fees can vary, so it’s advisable to refer to the latest information on the Postepay website or contact customer support for detailed information.

Please note that the fees mentioned in this article are accurate at the time of writing, and it is always recommended to verify the costs with Poste Italiane directly before opening your Postepay Evolution account.

In conclusion, the total cost of opening a Postepay Evolution account includes the annual fee of €10, the card issuance fee of €5.50, and transaction fees for activities such as ATM withdrawals. Being aware of these costs will help you make an informed decision about whether Postepay Evolution is the right choice for your financial needs.

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