Yesterday, I discussed consolidation out accounts. Today, let’s talk about the benefits of this move. Yes, there is a hidden benefit.
By having all our accounts at two organizations, it makes our checking account free – no monthly maintenance fee, no paper statement fee, no fee for bank checks, no fee for ATM use (even with ATM’s at other locations). Consolidating accounts makes our lives easier and no removes the possibility of any fees too!
This is added benefit!
Hopefully, your are not paying any banking fees associated with your bank accounts.