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It just became a whole lot easier to open a current account with KBC.
The self-proclaimed “digital-first” bank claims that new customers can open an account from their smartphones in just five minutes and immediately begin paying for items with their ‘Instant Digital Debit Card’.
KBC’s new app is available now on Android and Apple devices, and the account-opening process sounds pretty straightforward:
When you open an account through KBC’s new app, you’ll be given €5 credit as a little thank-you.
You’ll be able to start spending straight away, via Android Pay or Apple Pay (both of which have been available to KBC customers for a few months now).
KBC will also send you a physical debit card, which you’ll receive in the post a few days after opening your account.
KBC’s new app is a welcome innovation in the increasingly-creative current account market and is another first for the bank, which prides itself on providing digital solutions for its customers.
It was the first bank to make it possible to open a current account from a smartphone and was the first bank to offer both Android Pay and Apple Pay in Ireland.
Current account switching figures are notoriously low in Ireland, with many customers believing it is too complicated to open an account with a new bank.
Thankfully, we are starting to see creativity and competition re-enter the day-to-day banking market in Ireland, which is certainly welcome news for consumers.
You can compare current accounts and make the switch on bonkers.ie now.
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