account management
[K&H minimum plus account package]

favourable conditions in case of low transaction volume

  • mobile, Internet and face-to-face banking in hundreds of branches
  • free electronic services
account management
[K&H minimum plus account package]

details

The K&H minimum plus account package is a good choice for you if your monthly transaction volume is low and you wish to perform your daily banking transactions conveniently online. In addition to a number of preferential conditions, it also offers a service package free of banking charges:

  • the first 2 domestic cash withdrawals each month, from a K&H cash machine (ATM)
  • the first 2 domestic HUF payments each month, via K&H e-bank or K&H mobilbank 
  • the first 2 direct debit payments in each month

Services typically used and their charges as listed in the Announcement in respect of the K&H minimum plus account package

monthly account management fee with 100% fee reimbursement, UDRI: 0.01%

HUF 0

debit card service [K&H Visa Classic basic debit card or K&H Maestro contactless debit card]

annual fee of HUF 0 in the first year, and HUF 2,914 from the second year

monthly fee of the Internet banking service [K&H e-bank]

HUF 0

monthly fee of the mobile application service [K&H e-bank]

HUF 0

purchases made using a debit or credit card in Hungary, abroad or via the Internet

round-the-clock (0-24) phone service [K&H TeleCenter]: 0 HUF
monthly fee of text messaging (SMS) service: HUF 0

The K&H minimum plus account package is a product insured by the National Deposit Insurance Fund.

conditions for fee reimbursements

Monthly account management fee of the K&H minimum plus account package and conditions for fee reimbursements (UDRI: 0.01%)

monthly concessionary account management fee, with 100% fee reimbursement

HUF 0
if the sum credited to your account each month reaches the value of the prevailing net minimum wage AND you have savings worth at least HUF 500,000 with the Bank

monthly concessionary account management fee, with 50% fee reimbursement

HUF 371
if the sum credited to your account each month reaches the value of the prevailing net minimum wage OR you have savings worth at least HUF 500,000

monthly package fee, without concession

HUF 742 

fees of frequently used services

Domestic payments in HUF

domestic payments in HUF submitted via K&H e-bank or K&H mobilbank (same-day/future-dated interbank payments)

the first two in each month
HUF 0 banking fee

plus 0.3% transaction fee in respect of the part of the payment above HUF 20,000, capped at HUF 6,000

regular intrabank HUF payments by standing order submitted in a branch

154 HUF banking fee
plus 0.3% transaction fee in respect of the part of the payment above HUF 20 000, capped at HUF 6 000

direct debit

executed direct debit transactions (fees debited by a utility company)

the first two in each month
HUF 0 + (0.3% transaction fee, capped at HUF 6,000)

 

cash withdrawal in Hungary

cash withdrawals from an ATM in Hungary using your K&H bank card, subject to the provision of a free cash withdrawal statement (in line with Section 36/A of Act LXXXV of 2009 on the Pursuit of the Business of Payment Services)

free of charge for a total of HUF 150,000 withdrawn on no more than two separate occasions

cash withdrawal from an ATM in Hungary using your K&H bank card, without the provision of a free cash withdrawal statement

the first two in each month
0 HUF banking fee + 0.6% transaction fee

In a K&H branch, without a bank card

0.94% + HUF 710,
minimum HUF 940 banking fee + 0.6% transaction fee

 

The relevant fees of other transaction types are contained in the Announcement to be found in the Documents tag. Our colleagues are also happy to inform you.

who we recommend it to

We recommend it to you if:

  • it is important for you to be able to freely choose where and through which channel you do your banking: 
    • there are close to 210 K&H branches and 450 cash machines (ATMs) available for you nation-wide
    • via the Internet in K&H e-bank or your smartphone in K&H mobilbank
    • by phone through K&H TeleCenter, on each day of the week, round-the-clock (0-24)
  • your income is paid to your bank account, and it does not exceed HUF 150,000
  • your monthly transactions on the account meet the following criteria: 
    • maximum 2 domestic cash withdrawals from a cash machine (ATM) 
    • maximum 2 domestic payments in HUF via K&H e-bank or K&H mobilbank
    • maximum 2 direct debit transactions

tailored to your needs

special services offered by the K&H minimum plus account package:

  • 1 electronic debit card with a card fee of HUF 0 in the first year
  • free unlimited debit card purchases both in Hungary and abroad
  • for the first two cash withdrawals each month from a K&H ATM in Hungary, only the transaction fee is charged
  • for the first two domestic payments in HUF executed via K&H e-bank or K&H mobilbank, only the transaction fee is charged
  • for the first two direct debit transactions each month, only the transaction fee is charged
  • K&H e-banking service, monthly fee: HUF 0
  • K&H mobilinfo service, monthly fee: HUF 0

what you should know before making a decision

  • The conditions for fee reimbursements are reviewed each month, and the account management fees are reimbursed only if the required conditions are met.
  • If your account package includes additional life insurance, the premium will be deducted from the bank account as part of the monthly account management fee; however, the monthly life insurance premium will not be reimbursed even if the conditions pertaining to the reimbursement of account management fees are met.
  • If your banking habits change, you can switch to a more suitable account package at any time.

releated documents

announcement on the bank accounts, deposit accounts, term deposits and cash transactions of private individual customers
K&H debit bankcard announcement of private individual customers
announcement on the bank accounts, deposits, cash transactions, bankcards and investments of private banking customers
General Terms and Conditions

what kind of credited items are taken into account when checking the fulfilment of conditions for fee reimbursements?

The total amount of incoming domestic HUF payments under any title received at your account each month in no more than 3 separate transactions must reach or exceed the prevailing minimum wage (HUF 107,065 in 2020).

what kind of items count as ‘savings’ when checking the fulfilment of conditions for fee reimbursements?

You as account holder must have savings worth at least HUF 500,000 with our bank on the last banking day of the month preceding the month in question. The savings portfolio is the total balance in HUF of the savings held by the account holder in HUF and foreign currency on deposit accounts and other bank accounts with the bank, plus the amounts invested in K&H investment funds and K&H endowment life insurance policies. The HUF equivalent of foreign currency balances is calculated using the MNB exchange rates in force on the last banking day of the calendar month preceding the month in question. When calculating the sum invested into K&H investment funds, K&H investment units are taken into account at cost price. Savings made by a joint account holder will not be taken into account.

This material does not constitute an offer; it is intended merely for information. The Bank reserves the right to change the conditions. A detailed description of the product and its terms and conditions can be found in the relevant client contract; the General Contracting Terms and Conditions for bank account, deposit account and term deposit products offered to resident and non-resident natural persons, the General Contracting Terms and Conditions for bank card and credit card services, in K&H Bank’s General Terms and Conditions, announcement on the bank accounts, deposit accounts, term deposits and cash transactions and the announcement on debit card for individual persons, which can be viewed in our bank branches and on the www.kh.hu website.The K&H okos plus account packages are insured by the National Deposit Insurance Fund. The insurance service is provided by K&H Biztosító Zrt. You can find detailed information on the insurance product in the relevant contractual terms and conditions of insurance.