Diligently compare terms, interest rates and fees on services banks offer; what to choose is often a matter of common sense. But not implemented.
If you must keep a minimum balance to get free checks, compare any
lost interest on that balance you give up, against any savings on check
charges, or added fees you pay.You would be surprised to learn how many
bank depositors fail to do this because they’re either lazy or uninformed
about the math.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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