1.15.2023

How to fall from first place

When I follow up on all our dividends in Google Sheets, it becomes clear that Avanza does not at all keep the same pace as, first of all, Nordea and then Nordnet.

There is only a few days between Nordea and Nordnet, while we are still waiting for several dividends at Avanza. From having Avanza as number 1 on my banking list, they have fallen down.

Avanza still has the best user interface, but Nordnet is on the tail, with Nordea closing in, fast.

Besides the obvious, having a functioning website, which Nordea didn't have when we started transferring money to them, is a very important factor in how quickly you get access to your money.

Including both tax refunds and dividends, both Avanza and Nordnet have no chance against Nordea. If you add that Nordea has really improved their website, they are currently my favorite bank.

A good look is not always enough.

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