With so many people looking for ways to save money, some banks are upping the ante.
According to Smart Money "This week, Capital One launched a promotion offering a $200 bonus to customers who open a Rewards Checking account through Feb. 28, 2010. JP Morgan Chase offers $125 to anyone who opens a checking account by Jan. 15, and Bank of America offers $100 through Feb. 28.”
That’s a nice incentive, however you really want to make sure you’re paying the least in fees and getting as much interest as possible—both of which are tougher than ever these days. The good news is the credit card act will limit the overdraft fees banks can charge starting next month.
But if you really want to make sure you’re using the best bank for you check out Checking Finder.com. This site helps you compare community banks and credit unions. It will help you find free online banking and bill pay, no minimum balance and the banks offering the highest interest.