Palma.—Last year, Spanish financial institutions increased the fees charged to its customers to have a debit card by an average of 17.05%, whilst credit card holders suffered an increase of 9.65%.

According to the latest data released by the Bank of Spain, banks charged their customers an average of 20.25€ for a debit card, almost three euros more than the 17.30€ they were charging at the end of 2010.

The commission imposed on credit cards in 2011 rose to 37.71€, 3.32€ more than a year earlier.
However, not all customers pay banks the same for their credit cards, with the maximum fee reaching as much as 60€, compared to 47€ a year earlier, while the minimum fee remained unchanged at 13.52€.

With respect to debit cards, the maximum fee was 30€ euros in 2011, five more than in 2010, whilst the minimum fee remained unaffected (4.51€).

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