5 Major Signs To Switch Banks

Sick of waking up to check your bank account balance only to see your account has massive overdraft fees on top of low account balance fees? Tired of feeling like a dinosaur when you log in to check your account balance on the go? It sounds like it's time for you to consider a bank swap. Here are five critical signs you need to break up with your current bank and move on to a better one, preferably one with better rewards and interest rates. After all, your bank should be your financial partner and not a parasite.

Lack of Mobile Features

Did you know around fifty-five percent of all internet access is done on a mobile device now? That number isn't shrinking, either, which is why it is essential to have a bank with a modern mobile app that isn't a pain in the wallet to use. You should be able to log in with just a touch of your fingerprint sensor on your smartphone to see all your relevant details. It should also be easy to make transfers between accounts and upload deposits using your phone's camera. If your bank has a lack of mobile features, it's probably time to consider a bank swap.

Dealing with bank tellers and other customer service representatives can provide another indicator it is time to switch banks. Keep reading to discover the details.