It is a believable fact that we all need a safe place to keep our money, instead of keeping it under our mattress or burying it somewhere around our space. You must keep your money in a safe environment such as a bank. There are a lot of banks you can decide to keep your money. Although every bank has its financial products, account options, and benefits.Let’s us know Best National Banks.
Several notable factors make up the standard of a certain bank, such as their financial products, number of branches, interest rates, fees, and customer service, among many others. The bank you find comfortable banking with as regards your interest might be considered the best for you. However, there are a lot of the best national banks you can bank with.
CIT Bank (Best Savings Rates)
CIT Bank is known to be one of the consistent banks at the top. It is one of the best banks when it comes to the money market, CD accounts, and interest rates for savings. They are known for offering flexible options for CDs and they are known to be running 11 months for no-penalty CDs at the rate of 1.25% APY allowing their customer to make withdrawals a week after account creation.
Although, they are not good for checking accounts. They usually stay away from offering checking accounts. If there is a need for you to have a few numbers of transactions, there is a CIT Bank money market account that offers you six free transactions, monthly. For customers who will be running simple budgets and people that normally use a lot of cash, this could be of help.
BBVA ( Best Money Market Rates)
BBVA is one of the best national banks. They could be considered one of the best banks because of their free checking account, money market account, and their CD.
One of the benefits of banking with the BBVA bank is that you can open a BBVA account online. Account creation is fast and easy, and there is an easy way of managing your account. With BBVA Wallet, you will be given the opportunity to activate new cards, track your purchases, make payments, change your pin, report your card stolen, and access rewards for your spending through the app.
Ally Bank (Great All-Around Online Bank)
You are most likely to have heard about Ally Bank through their recent advertising push, and they are as well known to be one of the best national banks in existence. Their good rates are one of the stuff that attracts their customers and it is also the reason why they stand out among their peers.
Below are the 3 types of account options they operate:
a. Ally Interest Checking
b. Ally Online Savings
c. Ally Money Market
They render you the privilege to get an APY of around 2.10% on all your balance tiers with the help of their Online Savings Account. This offer is known to be much higher than any traditional bank. Another benefit of banking with Ally Bank is that their online savings account does not require maintenance fees or balance minimums. If you are contemplating which bank to start saving your money with, Ally Bank is one of the best options you should bank with.
Huntington
Huntington might be a Bank that is less widely known but is it one of the best national banks in existence. It banking products and services are exceptional. Huntington is known for offering banking services, investing, borrowing, and insurance products usually for personal banking, together with several business and commercial options. Huntington’s low fees make it stand out among its competitor, rewarding CD accounts, and excellent customer experience.
It is advised you consider having the Huntington Asterisk-Free Checking account. it is undoubtedly worth considering because it does not accrue interest, and the account is known to be utterly fee-free.
Citibank
Citibank is known for its excellent choice for customers who has large investment accounts, loans, or have a savings or credit card through Citi. Citi is well known for offering bonuses for any new customers who had just opened Citibank accounts.
Conclusion
It is an unsafe endeavor to consider keeping your money under your mattress or hiding it in a dogged hole. The right place to save your number is the Bank. However, there is a need to be acquainted with the types of banks that are safe for you which was why we have decided to take you through some of the best national banks you can start banking.
FAQs
- Why is the bank the favorable environment to keep my money?
Saving money at the bank is the best to ensure your money is under maximum security.
- What is the good effect of having a bank?
It enables you to save your money.
- Do banks offer bonuses?
Yes. Most banks offer bonuses to their customers.
