Bank of Israel submits household banking services fee report for H1 2025 showing average current account and card charges rose to NIS 31.5 per month

The Bank of Israel’s Banking Supervision Department has submitted to the Knesset’s Economics Committee its periodic report on the prices of common banking services for households, based on fee data reported by banks and credit card companies for the first half of 2025. The report finds a slight rise in fee income relative to assets and higher average household charges for current account management and payment cards. The overall ratio between total fee income and total assets increased to 0.71% from 0.69%, mainly reflecting higher fee revenue from large businesses and increased revenue from securities activity by individuals and small businesses. Total fee revenue collected from households and small businesses was NIS 3.1 billion, with most fee income coming from securities, current account and payment card fees. For credit card companies, fee revenue charged to households and small businesses in the second quarter of 2025 totalled about NIS 0.6 billion, with the report adding new information on the distribution of this income from that quarter. The average fee for managing a current account and holding a payment card in a household account was NIS 31.5 per month, compared with NIS 29.1 per month per account in 2024; the report also notes that the war and related assistance programmes had no additional observable effect on the reported fee data versus the previous report. Supervisor of Banks Daniel Hahiashvili linked the findings to ongoing fee transparency and pricing work in 2025, including a draft reform consulted on for household and small-business account management and debit card services that would introduce a fixed-price “payment account management” service, change charging for current payment transactions and set maximum debit card fees, with a final draft due in the coming months.