Connect with us

Hi, what are you looking for?

Money Management

What Are The Best Banks?

Do you think your current bank is the best one for you?

The modern banking industry is complex and you have many more options than you realize. While most people go with the bank that they and their friends and loved ones are most familiar with, a money-savvy individual crunches the numbers and gets the best deal for their money. Fortunately, modern technology and the abundance of information means that you don’t need to do much number crunching yourself.

What makes a bank better than other banks? Many banks are entirely online now, so you can choose whether or not you want to see a teller. You can also find banks offering unique features that can suit you. When it comes to the numbers, however, it’s much easier to determine what’s good and bad. Higher interest rates for savings, fewer limits on transactions, and lower fees for important transactions are the metrics that the typical person can benefit from, but every person’s unique needs can be addressed by at least one bank. Because of this, it’s good to start by listing out your requirements, then reviewing the banks which reach these requirements.

Kiplinger.com has crunched the numbers for you and they’ve listed these banks as being the best for a specific group of people:

Best national bank: TD

Best bank for high net worth families: Citibank

Best online bank: Ally Bank

Best bank for families with students: Capital One

Best bank with no fees and no fusses: Ally Bank

Best bank for frequent travelers: Charles Schwab Bank

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...

News

Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...

News

Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...