What Your Bank Is Hiding From You
6. “We Are Happy To Help When You Buy”
You think they are there to help you and open more and more branches so that you can reach your bank hassle free. But as soon as you enter the bank you see brochures for services, various advertisements and schemes. They surely claim that these plans are your convenient living but one should keep in mind what actually are their needs. Everyone from the counselor to the marketer is trained to make sales as much as they can. Therefore before taking up any plan or service that you bank suggests, think twice if you actually need them.
7. “On Campus Banking”
Students are regarded as the future of the society and for banks they are the most valuable catches. Banks are more and more tracking them, sometimes right on campus. Many top universities have deals with banks to provide them the student Ids and information and simply make money out of it. Students are also regarded as the most efficient customers for the credit cards issuers and many card companies target these potential consumers right on campus by setting up boots etc. College kids are often ignorant about their spending habits and banks leave no opportunity to cut their parent’s pocket.
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