Personal Finance Tips - Checking account benefits
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This is Financial Adviser Patrick Munro, talking about how to bank with the most benefits.
Basically, as a consumer, it's important for you to look at the overall situation of a
bank, and how you want your relationship to be with that institution. One of the logical
places is location. Location is a convenience for you. If it's close to work, many times
that will save you time, and of course money in this high cost of gasoline world that we
live in. Also benefits; say if the bank offers pretty much a fee free environment; that is,
they're not going to charge you junk fees on checking accounts or savings accounts based
on a certain amount of deposit that you give them. The more deposit that you give them,
the less fees that they will have. That's important to look at as well. Also, look to
see if they have a mortgage department, a trust department, a credit card department
as well, and and make sure that all those financial vehicles are at your disposal going
forward. You can also go to bankrate.com to find many other banks, and find the one that
will work with you the best. This is Patrick Munro, talking about how to bank with the
most benefits.
