Unless you’re really into personal finance, talking about banks with your close friends and family might not be the most fun topic of conversation. And while searching on Google does bring up numerous reviews, tips and advice from experts, it still doesn’t make the decision making process all that simple.
MyBankTracker wants to change all that by providing an easy-to-use tool that evaluates your financial needs to recommend the right bank. All you have to do is answer a handful of questions and rank the most important features you need from a bank, such as 24/7 customer service or low rates.
The data comes from a selection of more than 30,000 accounts available at 7,000 banks across the United States.
While Chase is one of the more popular banks in my area, it’s certainly not the best overall if you compare it to other, more obscure online alternatives.
Despite the lower grade, I do prefer the convenience of having an actual bank branch I can visit nationwide, versus MyCBB – an online spinoff from a local bank in California. The comparison table makes it easy to evaluate the pros and cons of each recommendation to help you make a final decision.
Of course, the best way to figure out what’s most ideal is to read through the terms and see for yourself, but MyBankTracker’s tool does help cut some time from the endless Googling you could be doing instead.