Anybody tried webank.it?

Ciao e tutti. Anybody tried this bank? www.webank.it It appears to be low-cost, web based it says: Is the online account at zero cost combining the convenience of a checking account to the certainty of the return of a deposit. Not only. It also allows you to grow even more savings by placing the money at advantageous rates. zero cost to open it, keep it, close it unlimited banking transactions and no commission credit cards and batteries, cash and checkbook free 1.10% gross deposit unconstrained (ECB + 0.10%) up to 2.20% gross on term deposit for 12 months Sounds interesting Pip pip