checking accounts Archive
Are reloadable debit cards a viable alternative to checking accounts? Or are they a solution for the unbanked? Here's what the data says.
44% of all shoppers looking for a new checking account want email alerts. The pickier the shopper, the more they want email alerts.
Countless surveys ask banking consumers about switching triggers, but people's behaviors don't align with their responses… or reality.
The banking industry usually segments based on income, but age is a better predictor of checking account choices, behaviors and profitability.
Financial shoppers that aren't particularly interested in any specific account features are most likely to choose a regional bank.
Banks in the UK are testing a bold new ‘Seven-Day Account Switching’ process. How is the experiment working out? It depends on who you ask.
Among consumers shopping around for a new checking relationship, those who still love checks opt for premium accounts.
Most national banks have killed free checking because people will pay fees for branch convenience. Are they setting the trend for the rest of the industry?
Many banks worry prepaid will cut into their checking business. Some are diving in, while others are sitting on the sidelines, unsure how they want to play the game.