Credem — Conto Credem Link Conto Free
A plan byCredem — Conto Credem Link · Visa/Mastercard
Credem Link is the zero-fee online current account of Credem (Credito Emiliano), one of Europe's most solid banks (CET1 16.23%). The fee is a structural €0, with no conditions. Free national CredemCard, international Visa/Mastercard card free the first year (then €1.50/month), withdrawals at Credem ATMs at €0 and free SDD utility direct debits. Online SEPA transfer €0.50. Italian IBAN and FITD €100,000 deposit guarantee.
Conto Free
- Price
- €8
What's included
- Full account; first 3 fees always refunded
- Fee refundable with ≥ €15,000 in managed savings
- International Visa/Mastercard card €1.50/month · online transfer €0.55 · SDD €0.80
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · IT · IT |
| Deposit guarantee | EU guarantee €100,000 |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | €1 |
| Card included | CredemCard nazionale gratis; carta internazionale Visa/Mastercard gratis il 1° anno, poi €1,50/mese |
| Interest on balance | 0% |
| Network | Visa/Mastercard |
| ATM withdrawal | Free |
| Free ATM limit | Credem ATMs €0; other bank in Italy (national card) €1.90 with first 24 free; international card Italy/Euro Area €0 for the first 12 months, then €2.00 |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia · BCE (MVU) |
| Segment | B2C |
| Funding / solidity | Credem Group · among Europe's most solid banks (CET1 16.23%) · listed (CE) |
| MiCA / License status | Licenza bancaria (Albo Banche n. 5350) IT banking licence (Bank of Italy · ECB-SSM) |
Strengths
- Structural €0 fee, with no conditions to meet
- Free national CredemCard; international Visa/Mastercard card free the first year
- Credem ATM withdrawals at €0, first 12 months of Italy/Euro-Area withdrawals (international card) free, SDD utility debits at €0
- Among Europe's most solid banks (CET1 16.23%, P2R 1.25%) with FITD €100,000 deposit guarantee
- No notable sovereignty advantage documented.
Weaknesses
- International Visa/Mastercard card free only the first year, then €1.50/month
- Online SEPA transfer €0.50 (not free)
- 0% credit rate: non-interest-bearing, single-currency (EUR only)
- Credem Link's Information Sheet is not very recent (updated 11.01.2025)
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (IT banking licence (Bank of Italy · ECB-SSM)): reporting to authorities and freezes on order.
- FATF-aligned jurisdiction: strong cooperation with authorities.
- Closed source: no way to verify what it does with wallet and data.
Verdict
Credem Link earns a good protection score: a structural €0 fee with no conditions, a significant bank supervised by the Bank of Italy and the ECB and among Europe's most solid (CET1 16.23%, P2R 1.25%), FITD €100,000 deposit guarantee. Credem ATM withdrawals and SDD utility debits at €0, free national card. The blemishes are the international card at €1.50/month after the first year and the €0.50 online transfer. Non-interest-bearing, single-currency account.
Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FITD deposit guarantee and Bank of Italy supervision — strengths for protection — are exactly what distance it from the trustless model. No self-custody, no permissionless use.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is the Credem Link account really zero-fee?
Yes: the fee is a structural €0, with no conditions to meet. What remains is the state stamp duty (€34.20/year, due with average balance > €5,000) and the international card cost after the first year (€1.50/month), while the national CredemCard is free.
Are deposits guaranteed?
Yes, by the Interbank Deposit Protection Fund (FITD) up to €100,000 per depositor; Credem is a FITD member and among Europe's most solid banks (CET1 16.23%).
Sources
- Official service page Data verified on Jul 12, 2026
- img.gruppomol.it Canone · Carta · Prelievi · Bonifici · +1 Data verified on Jul 12, 2026