A successful relationship requires: trust, clear communication, and a meaningful connection. Your relationship with your bank should be no different. Why continue the relationship if all you do is give, but get nothing in return?
Did you know, the average U.S. adult holds onto their primary checking account for roughly 16 years, and more than 26% of the people in that same study keep their checking account for more than 20 years.* That’s a big commitment! Have you considered how your checking account is treating you? Are you getting everything you need to manage your accounts successfully?
If not, why continue a relationship you’re not happy with? Although breakups aren’t easy, it’s important to re-evaluate the benefits your current account is offering; it may be a great time to consider other options.
6 Reasons to Switch Your Checking Account:
- High fees. The average checking customer pays about $14 a month in fees.* If you are required to pay any kind of fee no matter how much you have in your account, you should rethink the relationship.
- Inconvenient access to your money. In today’s on-the-go world, saving time and effort is extremely important. When looking at checking account options, be sure to review the accessibility options, such as: ATM network size, online banking, mobile app capabilities, and/or online bill pay.
- No rewards. You work hard for your money and you should be rewarded for it. Consider options such as round-up savings programs, debit card rewards, or interest-earning accounts.
- No overdraft protection transfers. It’s easy to get caught up in day-to-day life; an emergency comes up or you forget to check your balance before buying lunch, then oops! Look for options to have your funds automatically transfer from another linked account to cover the overdraft.
- Poor customer service. Your relationship with your financial institution should be a trusting and positive one. Inevitably, problems happen, but should an issue arise, it needs be resolved properly and in a timely manner.
- You jump through hoops. You should be able to maintain basic account features without jumping through unnecessary hoops, such as maintaining a minimum balance or direct deposit to avoid a monthly fee. Take the time to do your research and read the fine print on your checking account because you might be surprised by what you find.
It’s okay to stay loyal to your financial institution if you have a good, rewarding relationship and have all the features and services you need. But when’s the last time you took a good look at your relationship with your financial institution, and with your checking account? It may be a great time to consider whether you’re getting exactly what you want and need from an account. In your research, review our checking account options or you can open your account online now.