Mediobanca Premier — Conto Premier Under 30
A plan byMediobanca Premier — Conto Premier · Mastercard
Conto Premier is the retail current account of Mediobanca Premier, the 2023 rebrand of the former CheBanca!, now in the Monte dei Paschi di Siena Banking Group. The pure fee is €10/month (€120/year) plus stamp duty, but it is waivable for under-30s (−€4/month), with salary/pension crediting or an incoming transfer ≥ €2,000 (−€2/month) and with investment products. It includes the free Debit Mastercard International card with zero-cost withdrawals and spending abroad and 0% FX markup, free online SEPA transfers and SDD. Italian IBAN and FITD €100,000 deposit guarantee.
Under 30
- Price
- €6
What's included
- −€4/month fee discount for all holders aged ≤ 30
- Combinable with the salary/pension discount up to full fee waiver
Data & conditions
| Account fee | €10 |
|---|---|
| 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 | Free |
| Card included | Carta di Debito International (Debit Mastercard) inclusa, canone €0, estero €0 con 0% maggiorazione cambio |
| Interest on balance | 0% |
| Network | Mastercard |
| ATM withdrawal | Free |
| Free ATM limit | Same-bank ATMs €0; other bank in Italy €2.50 for withdrawals < €100 and €0 for withdrawals ≥ €100; abroad €0 with 0% FX markup |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia · BCE (MVU) |
| Segment | B2C |
| Funding / solidity | Former CheBanca! · Monte dei Paschi di Siena Banking Group · online + branches + financial advisors |
| MiCA / License status | Licenza bancaria (Albo Banche n. 5329) IT banking licence (Bank of Italy · ECB-SSM) |
Strengths
- Free Debit Mastercard International card with zero-cost withdrawals and spending abroad and 0% FX markup
- Online SEPA transfers (also instant) and SDD utility direct debits at €0, unlimited operations
- €10/month fee waivable (under-30s, salary/pension crediting or transfer ≥ €2,000, investment products)
- MPS Group bank, supervised, with FITD €100,000 deposit guarantee; other-bank ATM withdrawals in Italy €0 for amounts ≥ €100
- No notable sovereignty advantage documented.
Weaknesses
- Full base fee €10/month (€120/year) among the highest, due if the discount conditions are not met
- Withdrawal at other banks in Italy €2.50 for amounts under €100
- 0% credit rate: non-interest-bearing except temporary promos; single-currency (EUR only)
- Many discounts tied to holding investment products/securities dossier; recent change of control (MPS Group)
- 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
Conto Premier earns a mid-to-good protection score: an MPS Group bank supervised by the Bank of Italy and the ECB, FITD €100,000 deposit guarantee, a free Mastercard debit card with zero-cost use abroad and 0% FX markup, free online SEPA transfers and SDD. The limit is cost for the average user — full €10/month fee plus stamp duty — convenient only by activating the discounts (under-30s, salary, investments). Non-interest-bearing, single-currency account, with a recent change of control under the MPS Group.
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: the only note of openness is the Debit Mastercard card with 0% FX markup abroad, useful for those paying in non-euro currencies.
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
How much is the Conto Premier fee?
The pure fee is €10/month (€120/year) plus €34.20 stamp duty (due with average balance > €5,000). It is waivable via discounts: −€4/month for under-30s, −€2/month with salary/pension crediting or a transfer ≥ €2,000, further discounts with investment products up to full waiver.
Do spending and withdrawals abroad cost anything?
No: with the Debit Mastercard International card, withdrawals and spending abroad are €0 and the FX markup is 0%, a concrete advantage for travellers. Online SEPA transfers and SDD direct debits are free.
Sources
- Official service page Canone · Prelievi · Bonifici · Interessi Data verified on Jul 12, 2026