| If you are looking for a savings account there is | | | | - Interest Rate- Now of all the accounts you |
| now more to consider then which banks is | | | | have to choose that meet your access needs |
| nearest your house. The perks (and gimmicks) | | | | pick the one with the highest interest rate. The |
| that are offered can be hard to pick through. The | | | | only reason I would not consider interest rates is |
| marketing campaigns can be very persuasive and | | | | if you don't intend on keeping this account for any |
| most people just choose where they have their | | | | amount of time. |
| checking account or the bank most convenient | | | | - Perks- Now it's time to fish for the goodies. |
| for them. Since we are all different you probably | | | | They will be proudly displayed in all the |
| should figure out what is best for you before you | | | | advertisements and on the walls. They range |
| go looking at the advertisements so you don't get | | | | from appliances, matched funds for the first few |
| convinced of a feature you don't actually need. | | | | hundred dollars saved, higher interest rates on the |
| Here are a few points of consideration to narrow | | | | first couple of thousand dollars saved, toys, neat |
| your choices. | | | | saving tricks (like keep the change), and reduced |
| - Frequency of Use - Will you be needing to | | | | rates on other bank products. You know what |
| deposit to this account daily, weekly, monthly, or | | | | you like, have fun shopping. |
| longer? What time frame will you need | | | | - Education-This is often a missed opportunity, but |
| withdrawals? If this is an emergency account will | | | | some banks have very intelligent people working |
| you have access when you need it? While many | | | | for them. If opening an account buys you a little |
| of the online savings accounts offer higher yields, | | | | time to ask questions every now and again to |
| they don't have the accessibility of your | | | | these educated financial advisors, this could be |
| neighborhood bank. Also, with yields so low you | | | | worth the price of admission alone. Just listen to |
| could just consider another checking account with | | | | your friends when they tell of a bank that did |
| a card you only get out for emergencies. Noodle | | | | something great for them. Odds are a smart |
| exactly why you are using this account. This will | | | | business person is behind that scene. |
| make a good first cut. | | | | |