5 Tips to Choose a Better Savings Account


Transaction Charges

Before opening a savings account, you must read the fine print of the bank’s terms & condition where you will get information about its transaction or service charges. You can even compare the transaction charges of two or more banks relating to issuance of a duplicate passbook or an additional cheque book, or for the regeneration of your debit card PIN or replacement of your ATM card. And then choose a bank with has minimal operation cost.

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Debit Card Deals

Besides using your debit card for shopping in malls, paying bills in restaurants or for directly withdrawing cash from ATMs, there are a lot more deals which you can do with your debit card. As there are banks which offer loan options against its debit cards and free insurance benefits to the dependents of the principal card holder’s accidental death. But then you must know that there are banks which will charge you annually for your debit card usage.

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