Just like with passbook savings account promotions – whether you are considering a move to a different bank or are looking for a better deal with your current bank, there are a lot of checking account promotions and benefits out there to find.
Checking accounts tend to be used as more of an everyday account so transaction fees can be a great way to save money. Often banks will offer reduced or sometimes no fees on cash withdrawals or using your ATM card. There are banks with free checking accounts. A popular benefit to checking accounts is allowing a certain number of free transactions per month. Be wary that they are not making up for these discounted fees with other account or annual fees.
Often banks offer checking account promotions such as free gifts or giveaways. This could be almost anything from money boxes, telephones, sporting event tickets, entries into a big prize draw for holidays, cars or cash. Some banks offer 2nd chance checking accounts which are good for those who have been denied for regular checking accounts.
The technology banks have to offer their customers today is quite amazing. Some of these benefits come at a cost to the customer however. A handy benefit of a checking account is to have these services included in your base annual fees, or even better – for free! This could be online banking, telephone banking, text or mobile services, or even something a little more basic such as widespread and easily accessible ATM machines.
Chances are if you have a regular checking account or a second chance checking account with one bank you will likely hold other accounts with the same institution. If you are opening multiple accounts ask about a discount on fees or if they offer the ability to have all your accounts linked to just one ATM or credit card. This saves you carrying around multiple cards and gives easy access to all your accounts anytime.
For those who are able to maintain a certain balance in their checking account they could be eligible for even more benefits. Sometimes banks will offer a temporary or permanent promotion where you don’t pay any fees if you keep your account balance at a predetermined amount for a certain percentage of the month. Going under this predetermined amount however can sometimes result in very high fees.
Most banks or financial institutions also offer some form of insurance to their customers. This could be house, contents, car or loan insurance. If you choose to be insured with your bank as well as having a checking account with them you may be eligible for certain benefits. This may be a discount on account fees or even a discount on premiums for valued customers.
Cash promotions are always popular with customers. Another promotion or bonus could be an offer of a cash lump sum either upon signing up for a checking account or by maintaining it for a certain period of time. This is easy money and hard to pass up.
By keeping in touch with your bank regularly, searching online, visiting other bank’s websites, watching out for television advertising and speaking with friends and family, you should be able to keep your finger on the pulse of any checking account promotions and benefits that could work well for you.
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Checking Account Promotions And Benefits http://goo.gl/fb/pKzCN