Banks these days are adopting new ways to make services easier and quicker for customers—from providing better interest rates, to being accessible in every corner of the country, to going digital. Here is a list of the top 5 banks in Alaska and the reasons thereof.
Chase Bank
Chase Bank provides signup bonuses to new customers, and with relatively low fees, it is one of the preferred banks in the country. One can also link bank accounts to credit cards and loans. This makes it easy for customers to handle the banking system altogether. Unlike most other banks, Chase Bank does not charge any extra “Paper Statement” fee and provides an extra premium checking service. While the APYs are lower than those of other banks, Chase Bank’s interest rate can increase from 0.01% to 0.08%.
Bank of America
Bank of America is the third-largest bank in the country, but the reason we put it in second place is that its interest rates—0.01% to 0.06%—are lower than those of Chase Bank. The bank is available in every corner of the country. It provides a wide range of banking services, which makes it the choice of the people. Almost every product in the banking spectrum has the tag of Bank of America. This bank also provides higher daily limits of ATM transactions, that is, $1000 and debit transactions of up to $7500.
Capital One 360
Despite the services offered by both the above banks, the biggest benefit of Capital One 360 bank is that it specifies no lower limit for bank accounts and offers an APY of 0.10%. The bank also charges the least in case of negative balance at 3 cents for every $100, which is negligible when compared to the charges of other banks. Capital One 360 is preferred for its online services. The bank is good if one wants to do banking from home or through online channels.
You might also like : Popular Mobile Banking Apps That You Should Know
US Bank
US Bank provides free checking options with an account to students and others along with a free money market account. Moreover, it offers premium checking accounts. US Bank, too, has other banking products, and it is ideal for people who reside near the bank because it does not have as many branches as the above banks. The APY of this bank varies from 0.01% to 0.10%.
Wells Fargo
Wells Fargo offers many beneficial features such as signup bonuses for new accounts, easily available business loans, and comparatively lower charges on international remittance. This bank is highly preferred by customers owing to the availability of ATMs all over the country. Their monthly charges are lower than most other banks. In addition, the bank offers Wells Fargo Teen Checking for teenagers of ages 13 to 17.
All above-mentioned banks offer all the basic features along with some add-on services that genuinely attract customers toward them. These top 5 banks of Alaska are the most highly rated banks in the country.
Keep yourself updated with the latest on Banking. Like us on Facebook and follow us on Twitter for more on Investments.
