How to Pick a Bank

by astanhaus

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Picking a bank is almost like picking a man-friend.

Yes, as an independent woman, I know a bank is a necessity and a man-friend is not.

And yes, all banks want me as their customer, but not all men are clamoring at my doorstep.

Yet, when I am seeing a man approx. every day, or doing business with a bank everyday, I do have some criteria.

Multitalented

I like my men to be Renaissance men. And so too does my bank need to have a wide range of abilities. Ideally my bank will house my checking account & debit card, savings account and credit card.

Honest

Honesty is the best policy. It’s not easy to communicate/hear sometimes, but I appreciate knowing exactly what I’m getting myself into. For banking, I like to know everything about each of my accounts. Plus, it helps to hear about what I could do differently to save myself some $$ (i.e. not pay fees).

Perks

No matter how long we’ve been dating or banking together, we all like to be treated. Interest payments on a savings account or cash back/points on a credit card are a bank’s equivalent of a drink on the house and are always appreciated.

Tough love

I try my best, but it’s true that no one’s perfect. I don’t want to live in fear of my man walking out over spilled milk, or my bank charging me an outrageous fee when I overdraft. I know what I did is wrong, so I want the fee to be just the right amount, not too large or too small.

Find all four criteria in a boy/bank? He/it is a keeper!

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

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