Finding the Best Bank Deals
When I got my first bank account I remember how proud I was that I got to carry a cute little bank book around. I really had no idea what it represented other than the fact that my allowance was somehow getting hidden inside it each week.
Now that I’m all grown-up I still find the bank a mystery. Here’s a place where I’m expected to deposit my money and then pay fees for them to “allow” me to use it. I write checks withdrawing my own money and I have to pay the bank. It really makes little sense and most banks just assume that we’ll pay the fees without much fuss.
Deciding that I wasn’t going to take those fees without a fight I decided to do a little research into the best bank deals. I wanted to find a bank that would let me deposit, withdraw, write checks and just generally use my own money without having to pay an arm and a leg.
What I found isn’t all that surprising. The best bank deals are generally banks that offer no fee checking accounts. This is one of the best bank deals because you can have as many transactions as you please without having to pay any fees. You can use the ATM machine, write checks and make deposits all for free.
There is a catch however. You do have to keep a minimum amount in your checking account. If you’re good at balancing a budget this isn’t hard to do, but if you let the balance dip below that amount, even for a few hours one day, they’ll zap you with some fees. In this case those best bank deals quickly turn into expensive bank deals, so keep a close eye on your checking account’s bottom line.