Credit Card Expert Blog

A guide to getting the most out of your checking and savings accounts

Nowadays, local banks may not be the best places for anyone to keep their money. I have currently 8 bank acccounts, a mix of checking and savings accounts across various institutions. Today I’d like to let my fellow colleagues know about the various checking and saving accounts that you can put your liquid money in. The basic liquid accounts that you can keep on hand include

1. Savings account
2. checking account
3. money market account - basically a different kind of savings account

These are the major institutions that I found to have the best rates and the best either customer service or interface on the web. The drawback of a non local bank is that you don’t have physical presence of the bank to do business. To get around that, I also have an account with a local bank and deposit to that bank and transfer money from there to my online bank.

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