All good things come to an end
I've been a huge fan of Shinsei Bank for over a decade now. I loved the free ATM withdrawals, the free monthly transfers, being able to take money out abroad and have ATM fees refunded, the foreign currency accounts, and the easy and convenient website.
Sadly over the years Shinsei has reduced its services. The free monthly transfers were reduced, then earlier in the year it was announced that free domestic ATM use would end for regular customers, and then recently that it would no longer be possible to use ATMs overseas.
Shinsei is really pushing GAICA card (seemingly a third-party service) as an alternative. Presumably they are on some kind of commission.
For me the latest cut is the final straw. Shinsei seems to no longer be an attractive option for my main bank. I will probably keep my account in order to have access to foreign currency accounts (useful when receiving transfers from abroad) but will be on the lookout for a new home for my current account.
Any suggestions? I'll take a look at what is out there and do a bank roundup post soon, but if you know of any good ones please leave a comment below.