Find listed below some of the top US banks for both personal and business customers. These banks offer some of the best value bank accounts, savings accounts, money market accounts and more.
It is prudent to ensure you save money for the future and you should ensure this is working hard for you. Read about the importance of creating an emergency fund.
Importance Of Reviewing Your Bank Accounts And Finances
It is important to regularly review your finances and financial providers to check you are getting the best deal. For instance many of the major banks offer pitifully low interest rates on savings. They rely on customers not shopping around for better deals to keep their money in accounts paying next to nothing in interest rates.
These low interest rates mean any cash saved in these accounts is losing spending power to increased inflation. Remember, when the rate of inflation is higher than the interest on your savings then the value of that money is being reduced. What a dollar buys today will buy less tomorrow.
There are many smaller competitor banks that offer interest rates many times higher than the national average. They also offer better perks on checking accounts such as Aspiration. As well as offering green, ethical banking, they also pay over 20x higher interest than traditional banks.
View some of the top bank accounts, savings providers and banking services below. More money and savings related posts can be found on our blog. Please join our newsletter to ensure you keep up to date with all our latest content including the best banking and savings products.