Nov 04, 2017 06:41 PM
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Hi friends,
Today I want to explain some of the tips on Bank while you are choosing. Friends Now a days the Banks has become more essential in human life. Every poor and rich choosing a type of Bank to deposite their money. While depositing their money, the bank is paying some rate of interest on the amount which the people are depositing their money.
The most important thing is while opening an account into the we have to choose the better one Bank which pays more rate of interest. Choosing a Bank was not difficult we should simply pick the bank close to where we live and work. We got to know tellers and manages, and kept our savings and checking accounts there. While we are buying a Home, Land and a Car etc., we may have appied for our mortegage there. Now a days the times have changed the Banks are loved to keep more customers in house. Many time we go for bank to check our account and some times we go to bank for another savings. Two or Three time we go for bank for loans and personal loans.
The banks that are most convenient may be the ones with the fees. Smaller Banks and Credit Union banks fewer location and may even offer more rewarding accounts and more personal service.
Special Online - Only banks can pay 10 time more than interest on savings than local banks.
If we prefer to keeping our savings a long aside our checking account will tempting - and far easy- to dip into our savings more often than we should.
This why I recomonded being paying myself first, automatically trasferring my money into my saving account.
Before Opening an account into a New Bank Account first thing is take time to understand the account we are opening. Ask a customer service representive anything you do not understand. Take Note of any requirements to get account benfits.( that may be minimum balance, minimum number of debit card transtractions each month you must you should do online payment once in a month)
On checking accounts, decide weather you want overdraft protection.
Use different Accounts for different goals.
So, friends Our primary banking relationship is mostly likely to keep our checking accounts. Depositing pay checks, pay bills and withdrawing cash are essentials that we want this kind of account to be.
Another alternate banks to traditional banks are Online interest - bearing checking accounts. These type of banks pay interests on bill pay accounts and on balance accounts.
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