Bank With No Fees [Checking and Savings]
A message and a $50 bonus
I sent this info as an email to all my subscribers yesterday but – since debit card banking fees are such a hot topic right now – figured I needed to share it publicly. More on the $50 bonus in a minute.
I saw a World News special last night about how so many American’s are fed up with big banks and their new fees, specifically the $5/month fee Bank of America is charging customers for using a debit card. That is just horrible… charging us to use our own money – where will it end?
I saw the light years ago and did A LOT of research into what banks give great service with no fees. I found three solid options.
Rewards debit w/your existing account
This is a perfect option for Bank of America customers.
How can you get 2% rewards cash back on all debit purchases, and 5% on select debit purchases without having to switch banks? Simple, use PerkStreet.
Here are some of the benefits PerkStreet delivers:
- Keep your existing bank – Sign up and link your PerkStreet account to any other bank account for free. Transfer money when you need it, always free.
- 2% cash back on debit purchases – You’re rewarded for spending money you already have rather than using
credit cards (which I’ll never recommend).
Read more about PerkStreet Financial Rewards Debit and sign up if it suits you and you’re ready for a simple debit card change.
No fee checking accounts
The banks I recommend lock, stock, and barrel are Capital One 360 and Ally Bank. They are both online banks, that also allow for paper checks if you so desire. The reason they can survive and even thrive in this economy is because they have no brick and mortar branch offices to maintain… and that savings gets passed straight down to us.
The other recommendation I have is to open an account with your local credit union as a supplemental account (or clearinghouse if you will) for your online accounts with either Capital One 360 or Ally.
Personally, Betsy and I have accounts with Capital One 360, Ally, and our local credit union, but we mostly use Capital One 360… they are simply fantastic and I recommend them in full confidence.
Read more about their checking accounts by following the links below and make the switch if you like what you see.
And savings accounts
If you’re looking for information on savings accounts, use these links for Capital One 360 and Ally Bank .
Let me know if you have any questions and I’ll do my best to help.