|

Banking & credit guide

Advice and tips for getting the best bank services and loans

Published: June 2014

Whether you love or loathe them, banks are core financial institutions of the U.S. economy, and their checking accounts form the foundation of most consumers' personal finances. Yes, there are alternatives—credit unions, stockbroker bank accounts, money market mutual funds, virtual banks—but sooner or later you'll need to deal with a bank. 

This guide has everything you need to know about doing that, from the fees, interest rates, and service terms, to the promised goodies and fine-print gotchas. 

Got a question about banking or credit? Email it to: MoneyEditor@CR.Consumer.org. 

   

E-mail Newsletters

FREE e-mail Newsletters! Choose from cars, safety, health, and more!
Already signed-up?
Manage your newsletters here too.

Latest From Consumer Reports

Model S P85D
ELECTRIC & HYBRID CAR REVIEWS
Tesla Model S P85D breaks our Ratings systemVideo This brutally quick luxury electric car earned a perfect road-test score.
LIGHTBULB GUIDE
The best energy-saving lightbulbs you can buy The newest CFLs, halogens, and LEDs last longer and cost less to operate.
GPS Electronics
GPS REVIEWS
Standalone GPS devices still make sense for some users A GPS can spare your smartphone battery power while on the road.
cr032k12-Ground_Beef
FOOD SAFETY GUIDE
Special report: How safe is your ground beef?Video Recalls of bacteria-tainted ground beef are all too frequent.
Toilet paper
TOILET PAPER REVIEWS
Roll call: The dirty little secrets of toilet paper Toilet paper makers have been selling less product and masking the shrinkage.
Consumer Reports
ABOUT CONSUMER REPORTS
Interested in joining the Consumer Reports Board? Get details on applying for service on our board of directors.

Connect

and safety with
subscribers and fans

Follow us on:

Mobile

Mobile Get Ratings on the go and compare
while you shop

Learn more