By Louis DeNicola, Cheapism.com
The New Year is an opportunity to start fresh, and for many folks that means getting your finances in order. Perhaps it's time to wave goodbye to your bank in favor of one that doesn't charge ridiculous fees and pays relatively high interest.
Switching banks may seem like a big deal, but a few hours of work are all that's usually necessary. It's easy to open a new account, which may require a minimum deposit of $25 or $50. The process can get a bit hairy, however, when it's time to transfer funds from the old account to the new and close out the pre-existing account. (You can't do that before all outstanding checks have cleared and you've notified any company or charity that is paid through an automatic deduction from your account.)
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But identifying which bank deserves your business may be the most time-consuming element. We found several banks that offer free checking accounts with no minimum balance. SomeRead More »from New Year's Resolution: No More Bank Fees