Value-Added & Rewards Checking. An Honest Comparison. So, your financial institution is considering a new form of checking account. Congratulations on your initiative! Savvy consumers know there are many options in checking, from categories including: Credit unions Community banks Mega banks Online banks (that includes PayPal now, too!) Neo banks/Fintechs…
Do your checking accounts exceed goals and deliver the bottom line results you want? Do staff get excited just having the chance to mention checking options to prospective account holders? Probably not. That’s why you’re here. Checking in the banking industry is evolving. With a whole lot of service providers…
The Sticky Duo: Free Checking & Bill Pay Your institution doesn’t just offer, it heavily promotes Free Checking. It’s done this for decades. Because that’s what you do, right? (At least until you see some convincing case studies supporting anything different!) In fact, under your team and your predecessor’s leadership,…
You’re here to learn about some pros and cons of Subscription (Value-Added Checking). While working with clients, we get asked this a lot, so we put our answers together in one place. Subscription (Value-Added) Checking can be an amazing improvement and income-generator for your financial institution. However, for it to…
Ok, so that’s not what you meant. Fair enough. It’s a great question which raises many others. A Subscription Checking program (another name for Value-Added Checking) is more than the monthly rate you decide to charge. Let’s dive in together to help you learn about the costs of Subscription (Value-Added)…