Are you getting the most value out of your bank?

Getting Value From Bank

A lot of us inherit the financial institutions of our parents, mainly because they set up our bank accounts for us when we were just little tackers who were too young to do the comparison shopping ourselves.

As a result, a lot of us sail through our young adult lives with a bank we didn’t actually choose, and which may not be giving us the best deal on the market. Fortunately, the advent of the Internet has made finding the best banks infinitely easier. The secret is knowing what to look for.

Here’s what to look out for when choosing a bank.

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No risk, no reward: the truth about high interest savings accounts

Remember the first time you received interest from your savings account? Whether it’s $100 or just 10 cents, it’s a magical feeling seeing “free” money appear in your account. But feelings can be deceptive, and if you think you’re earning significant money from a high interest savings account, you should look closer.

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