Money Back: These Bank Customers Can Now Cash In
Diese Bankkunden können jetzt kassierenCanvaKundinnen und Kunden der Erste Bank und zahlreicher Sparkassen können ab heute bestimmte Kreditgebühren zurückfordern. Die Einigung mit der Arbeiterkammer reicht. . .
Diese Bankkunden können jetzt kassierenCanvaKundinnen und Kunden der Erste Bank und zahlreicher Sparkassen können ab heute bestimmte Kreditgebühren zurückfordern. Die Einigung mit der Arbeiterkammer reicht bis zu 30 Jahre zurück. AnzeigeAnzeigeBorrowers in Vienna and throughout Austria should review their old contracts. The Chamber of Labor has reached an agreement with Erste Bank for the reimbursement of certain loan fees. This includes numerous savings banks from all federal states as well as s Bausparkasse. Affected individuals can register their claims with their respective bank via an online form starting Monday, August 10, 2026. There is time to do so until July 31, 2027. These Loans Are Affected by the AgreementThe regulation applies to consumer loans and home loans where a loan processing fee was charged. Interim financing such as construction checking accounts are also included. Also included are loans from s Bausparkasse, where a loan provision fee was charged at the time of contract conclusion. Particularly relevant for long-term bank customers is the time period. According to the Chamber of Labor, fees for the past 30 years can be retroactively reclaimed. It does not matter whether the loan is still ongoing or has already been fully repaid. If a loan contract was fully repaid before January 1, 2019, the corresponding loan contract or a copy of it must be presented. If the document is no longer available, a copy can be requested from the bank free of charge. Up to 90 Percent of the Fee Is ReturnedHow much money is actually refunded depends on the type of loan and the originally paid processing fee. The prerequisite is that at least 0. 5 percent of the loan amount was paid as a processing fee. Forconsumer loans, 90 percent of the fee is refunded. Formortgage loans, the refund depends on the amount of the fee paid and ranges between 35 and 80 percent. If the loan was arranged through a credit broker, the agreement provides for staggered repayments between225 and 750 eurosdepending on the case. Therefore, especially for larger loans, it may be worthwhile to take a closer look at old contract documents. Other Loan Fees Are Also CoveredThe agreement does not exclusively concern the classic processing fee. According to the Chamber of Labor, the refund also covers fees for loan origination, security checks, property valuation, and land registry documents. There is an exception for expenses related to the issuance of land registry-capable cancellation receipts. These must be applied for separately. The Chamber of Labor refers, among other things, to their sample letter for this purpose. Passend zum ThemaApplication Is Possible Until July 31, 2027The refund process is conducted through an online form provided by the respective bank. For Erste Bank and Sparkassen, there is a joint contact point through which customers are redirected to the participating Sparkasse. According to the Chamber of Labour,29 Sparkassen as well as s Bausparkasseare participating in the agreement. Those who might be affected have untilJuly 31, 2027to register their claim. Gabriele Zgubic, head of the Consumer Policy Department at the Chamber of Labour, explains: “The settlement shows that constructive agreements are possible and that borrowers benefit directly from them. ”What Bank Customers Should Check NowThree points are crucial: Was an appropriate fee paid for a consumer loan, home loan, or covered financing? Did the processing fee amount to at least 0. 5 percent of the loan amount? And does the contract fall within the retroactively covered period of up to 30 years?Even loans that have already been fully repaid can be considered. However, for contracts that were fully settled before January 1, 2019, the loan agreement or a copy is required. (Ed. )This article has been automatically translated, read the original articlehere.