Banking services

Nine things your banker won;t tell you.


1. Your whole deposit isn’t available immediately

2. A post-date on a check means nothing

3. Fees are the big money maker

4. You can get some fees waived – just ask

5. Your refusal to opt in for “overdraft protection” doesn’t apply to checks

6. Your online account information may not be accurate

7. Bankers are salespeople

8. You should shop around for financial products and services

9. The system is likely to decide on your loan application

The most important advice is - shop around for financial products and services, including insurance policies. Make sure that you compare like with like. Do not buy any "special product that is offered to you - they usually over charge the consumer and make a bigger profit for the issuer and the distributor!