Bank for pensioners: what to consider
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A good bank for a pensioner has reasonable monthly fees, a clear online bank and, when needed, personal service. Compare the costs first, then choose how you want to be served.
| Bank | Package | Price / month |
|---|---|---|
| S-Bank | Everyday services for an owner-customer | €0.00 (member price; others pay €15.00) |
| Revolut | Standard | €0.00 |
| N26 | Standard | €0.00 |
| bunq | bunq Free | €0.00 |
| Wise | Wise account | €0.00 |
| OP | Everyday services package, owner-customer (OP Debit, OP Classic or OP Basic) | €3.95 (member price; others pay €8.25) |
| Nordea | Blue package | €4.99 |
| Danske Bank | Danske Silver, benefit level 1 | €7.80 |
| Säästöpankki | Everyday services (example: Säästöpankki Optia) | €10.00 |
| Oma Säästöpankki | Everyday services priced separately | €10.50 |
| POP Bank | Everyday services (example: POP Bank Suomen Osuuspankki) | €10.70 |
| Aktia | Everyday services priced separately | €11.00 |
| Ålandsbanken | Everyday services priced separately | €11.00 |
The member price at S-Bank requires a refundable membership contribution (€100). Other customers pay €15.00.
The member price at OP requires a refundable membership contribution (€100). Other customers pay €8.25.
What should a pensioner compare?
- The monthly fee and any benefits.
- Cash withdrawals and how easy it is to find ATMs.
- Service channels: branch, phone, online.
- Security and recognising scams.
| Bank | Free withdrawals | Fee after the free ones |
|---|---|---|
| S-Bank | 4 / month | €1.50 |
| OP | 4 / month | €0.70 |
| Nordea | 4 / month | €1.00 |
| Danske Bank | 4 / month | €0.90 |
| Säästöpankki | 3 / month | €1.00 |
| POP Bank | 0 / month | €1.00 |
| Oma Säästöpankki | 0 / month | €1.50 |
| Aktia | 2 / month | €1.95 |
| Ålandsbanken | 5 / month | €1.00 |
| Revolut | 5 / month | not available |
| N26 | not available | not available |
| bunq | not available | not available |
| Wise | not available | not available |
A person who is legally resident in the EEA has a right to basic banking services, and a bank can refuse only in limited cases, such as reasons related to knowing the customer. Source: FINE (Finnish).
How do I avoid banking scams?
Never give your online banking codes or PINs over the phone or in a message. A bank will not ask for them by calling you. If you suspect a scam, end the call and phone the bank's official number.
What if online banking feels difficult?
Ask for help from the bank's customer service or from a relative. You can also authorise a trusted person to handle your affairs.
Related guides
Frequently asked questions
Do banks have special prices for pensioners?
Some banks offer benefits based on age or customer relationship. Check the current terms on the bank's own website.
Can I handle banking in other ways than online?
Many banks still offer phone and branch service, but the range of services and the price vary.
Can a relative handle my banking for me?
Banks offer authorisations that let another person act on your behalf. Ask your bank how to set one up.