What Bank Account Promotions to Avoid Opening a bank account has become a lot easier. All what you need is a passport-size photograph and an identification card and some paper work, and you are ready to go. There is little or no cost at all. With online banking, all you need is in the bank's website. Due to stiff competition, many banks have come up with bank account offers to retain their customers and tempt new ones. As an example, see the below advert: "Our bank account," reads a bank account promotion, " requires no maintenance fees, no monthly charges and no minimum operating balance. Affordable minimum account opening balance, free monthly account statement and no cheque handling charges". One of the most common methods mostly used by banks to lure clients is telling them to open bank accounts that do not incur ledger fees. Many customers open a new bank account believing the accounts are totally free of charges, only to discover later that they a...
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