Newspaper article The Topeka Capital-Journal

Spread Your Wealth ... Save Money

Newspaper article The Topeka Capital-Journal

Spread Your Wealth ... Save Money

Article excerpt

Having your checking and savings accounts, along with other financial products like loans, at the same bank may provide benefits, such as preferred interest rates and fee discounts, says Consumer Reports. But when you buy a "product bundle" at a bank you don't know whether you would have found a better deal if you had shopped around for the various parts.

You can most likely save money by buying individual money products a la carte from different financial institutions.

Where should you go for which products? Consumer Reports designed this mix-and-match plan for maximum savings:

- Open basic checking and savings accounts at a credit union that is a member of a network, such as the CO-OP system of 30,000 fee-free ATMs and 5,000 shared branches, and that provides online and mobile account access. …

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