Postepay Evolution is a prepaid card with an IBAN that allows you to make payments, online purchases, and withdrawals worldwide. But how much does it cost? In this article, we’ll explore the Postepay Evolution annual fee, the costs, and the differences between the personal and business versions.

What is Postepay Evolution

Postepay Evolution is a prepaid card with an IBAN that offers the convenience of a current account with the flexibility of a reloadable card. You can use it to:

• make purchases online and in physical stores;
• withdraw cash in Italy and abroad;
• send and receive wire transfers;
• have your salary or pension deposited;
• set up direct debits for bills.

Postepay Evolution is available in two versions: one for personal users and one for freelancers and businesses.

Postepay Evolution: The Annual Fee

Postepay Evolution Personal Annual Fee

The annual fee for the personal Postepay Evolution card is €15. This cost covers the card’s basic services, such as card issuance and account management, ATM withdrawals in Italy, POS payments, and access to the online customer area.

Postepay Evolution Business Annual Fee

For freelancers and businesses, Postepay Evolution has an annual fee of €36. For the first year, the fee is €12 and can be waived with the Acquiring MPOS and Physical POS and Postepay Codice Service promotion. This is because the Business version offers additional features tailored to the needs of professional users, such as the ability to make international wire transfers and manage business expenses more efficiently.

Additional Postepay Evolution Costs

In addition to the annual fee, Postepay Evolution has some additional costs for specific services, including:

• Card issuance: €5 for personal, €10 for business
• International ATM withdrawal: €2.50 + 1.10% of the withdrawn amount for personal, €5 + 1.50% of the withdrawn amount for business
• SEPA transfers: €1 for personal, €1 via digital channels (app and web) and €3.50 at a Post Office for business
• SMS notifications: starting from €0.15 per SMS

Differences Between Postepay Evolution Personal and Business

How to Apply for Postepay Evolution

Applying for Postepay Evolution is simple and fast, for both the Personal and Business versions. You can choose from several methods, depending on your preference:

Online:

• Poste Italiane website: Go to the Poste Italiane website dedicated to Postepay cards and look for the Postepay Evolution section. Fill out the online form with your personal details, choosing your preferred card version (Personal or Business).
• Postepay App: Download the Postepay app on your smartphone or tablet and follow the instructions to apply for the card directly from your mobile device.

In person:

• Post Office: Go to any post office with a valid ID and your Italian tax code (codice fiscale). An employee will help you fill out the application and provide all the necessary information.

Required documents:

Regardless of the application method you choose, make sure you have the following on hand:

• Valid ID: Identity card, passport, or driver’s license.
• Italian tax code (codice fiscale).

Delivery time:

If you apply for the card online or via the app, the physical Postepay Evolution card will be mailed to the address you provided within a few business days. If you apply at a post office, you can pick it up directly at the counter once the process is complete.

Card activation:

Once you receive the card, you will need to activate it by following the instructions provided by Poste Italiane. Activation is a simple and quick process that will allow you to start using your Postepay Evolution right away.

Please note that for the Business version of Postepay Evolution, additional documents may be required, such as the company’s certificate of incorporation or the ID of the company’s legal representative.

Conclusion

Postepay Evolution proves to be a versatile and convenient solution for managing your finances, for both individuals and professionals. The annual fee, while present, is in line with the services offered, which range from POS payments and wire transfers to the ability to set up direct debits for bills and have your salary deposited.

The inclusion of an IBAN makes Postepay Evolution an even more comprehensive tool, bringing it closer to the functionality of a current account but with the flexibility of a prepaid card. This makes it ideal for those looking for a leaner, more immediate alternative to traditional accounts, while still maintaining a high level of control over their spending.

An aspect not to be underestimated is its ease of use and the widespread network of post offices, which ensure assistance and support when needed. Additionally, the Postepay app allows you to manage the card independently and intuitively, always keeping track of your balance and transactions.

If you are considering applying for a Postepay Evolution, I recommend carefully analyzing your needs and comparing the features of the two versions (Personal and Business) to find the one that best suits your profile. Don’t forget to also consider the additional costs, such as those for international withdrawals or wire transfers, to get a complete picture of the overall expense.

Before making a final decision, I invite you to explore the various options available on the market.  Compare the best prepaid card offers in our dedicated section on TuttoSemplice.com and find the perfect payment tool for you.

Frequently Asked Questions