Which bank should I choose for a new account?
in Banking, Insurance & Loans ·
Morgan Brown4 said:I’ve been riding that student banking package at JPMorgan Chase, but I just got word that it’s expiring soon. Apparently, they're flipping me over to a standard account on August 31st.
Honestly, the student deal was fine, but I keep hearing people say, "Stay far away from JPMorgan Chase and Citigroup," and stuff like that. It's making me seriously consider jumping ship.
Is JPMorgan Chase actually that bad? And if it is, what's the deal?
Is there a trick to timing a switch? Like, should I move right when the student perks end, or will I run into headaches, fees, or penalties if I try to bail too fast?
Also, which bank would you guys recommend?
Honestly, just make the switch to Goldman Sachs. I don't know how old you are, but if you’re under 26, you can snag their Goldman Sachs Club package for young professionals. It covers everything—checking, savings, and their mobile/online banking app—all totally free until you hit 26. Personally, I’ve been sticking with Goldman Sachs and couldn't be happier. From the staff to the actual services and the deals they throw at you, the whole experience is top-tier.
