What are the three main points to consider when choosing a bank?

When selecting a bank, focusing on cost, service, and convenience is crucial. Cost includes various fees associated with banking services, such as monthly maintenance fees, ATM fees, and overdraft charges. Evaluating these costs helps ensure that you choose a bank that aligns with your budget and financial goals.

Service refers to the quality of customer support and the range of services offered by the bank, including account options, loan availability, and financial advice. A bank that provides excellent customer service can make a significant difference in your overall banking experience, especially when you need assistance or have inquiries about your accounts.

Convenience relates to the accessibility of the bank’s services, including the locations of branches and ATMs, the accessibility of online banking platforms, and the availability of mobile banking applications. A bank that provides convenient access to its services helps ensure that you can manage your finances efficiently, whether through physical visits or digital platforms.

In contrast, while options like location, reputation, and interest rates, or fees, hours of operation, and technology are important details to consider, they are subsets of the broader categories of cost, service, and convenience. Customer reviews and online presence can also reflect service and convenience, but they don't capture the essential elements necessary for making a well-rounded