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Your checking account is the heart of your banking life,
so the latest Bankrate.com semiannual Checking Account Pricing
Study could give your heart a nasty start.
The study looked at what the 10 largest institutions in each
of the 35 largest U.S. markets offer consumers on their most
fundamental banking product -- the checking account. Researchers
from Bankrate.com gathered comprehensive rate, fee and policy
information from 353 institutions and 1,210 separate accounts.
You'll be surprised, you'll find some shocks and some bad
news, but there's also some good news. You'll also find answers
to key questions about your banking: Is online better than
traditional? Are interest-bearing checking accounts better
than non-interest? How do checking fees stack up against account
earnings and more?
When it comes to being an informed consumer in the world
of banking, Bankrate.com is the site to see.
This new Bankrate.com survey exposes outrageous charges
and yields, but we've also found good guys and good buys.
The survey gives you the chance to find out what to look for
when you search for the best deals, including the opportunity
to do some nifty comparison shopping.
And we name names in our best and worst top twenties.
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