If you’re like me, you like to know you’re getting a good deal, or, better yes, the BEST deal! Many times, we’re using a bank that’s not giving us the best deal… maybe it’s time for a new bank! Here are my ten tips on choosing a new bank…
1. Decide What You Need
Photo Credit: rdodson76
Are you looking for a straight-forward personal checking account, or do you have some extra cash you want to invest in a CD? Decide ahead of time what you need from a new bank, so you know which questions to ask. Some banks have better interest rates on CDs than others, but those same banks might have more fees for simple account transactions. Knowing what you need, and how to plan to bank, will help you choose the right bank.