Deciding on the bank you would use for your banking activities requires careful examination of the types of banks available. The basic types of bank you could decide to work with are: big banks, online banks, or local community banks. Working with each of the aforementioned banks has its own
A notable trend during the last couple of years is the change in customer preferences towards big banks. Namely, customer are starting to bank with smaller banks or local community banks. Because they choose not to bank with big banks they are taking their money away from the big national
One common belief is that switching a bank account will negatively affect your credit score. This is both, true and false at the same time. The effect from closing a bank account on your credit score may or may not be negative. It may not affect your credit score because you
The process for switching banks in UK is relatively easy as well as fast. The time for switching banks have been drastically reduced, and now, thanks to the account switch service, you are able to change your bank in just seven working days. Before the introduction of Current Account Switching
The subject of switching banks is something that every one of us is planning to do at some point. Whether we will do it or not depends on different factors (personal or external factor, since, there are switching barriers that could force us to stay with the current bank).