Are you wondering whether to choose a traditional bank or an online-only bank? With so many options available, it can be difficult to decide which one is right for you. In this video, we’ll explore six scenarios where it might be more beneficial to choose a traditional bank over an online-only bank.
Don’t forget to hit the like button and subscribe to the channel for more videos on personal finance!
Comparing bank accounts in Canada – https://youtu.be/oGskKxOeTc4
How to open a bank account in Canada – https://youtu.be/SQEUgc-id3Q
Chapters
0:00 – Introduction
1:01 – Disclaimer
1:45 – What is an online bank?
2:32 – Scenario 1: Need for In-Person Services
4:17 – Scenario 2: Need for Cash
4:45 – Scenario 3: Need for Bank Drafts
6:08 – Scenario 4: Need for Quick Customer Service
7:12 – Scenario 5: Need for Robust Credit Products
8:35 – How To Set Up Your Banking Stack
10:00 – Conclusion
Please like, subscribe & comment. Let me know what you want to see next!
CONNECT WITH ME ON INSTAGRAM ‣ https://www.instagram.com/xoreni/
EMAIL ME! COLLABS & OTHER INQUIRIES ‣ contact@renitheresource.com
VISIT MY WEBSITE ‣ https://renitheresource.com/
sign up for neo financial’s HISA – https://bit.ly/3yy6PPL
open EQ bank’s HISA – https://bit.ly/3yy6PPL
♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡
Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing.
FTC: The links above may include affiliate links for which I may make a commission should you purchase. This is at no extra cost to you but helps my channel grow.
xo, Reni ♡
When to Choose Traditional Banks Over Online-Only Banks | 6 Scenarios to Consider 🏦