Big Banks charge account holders for countless reasons - monthly fees, maintenance fees, minimum balance fees, overdraft fees, and more! This is wrong. Your bank should not charge you ever. If you think your bank charges you for little things, like a minimum balance or maintenance, and you know it’s wrong, you need to find a better option.
Big banks don’t categorize your expenses for you. If they do, it’s done in a confusing way that you can’t customize. This is terrible for figuring out taxes. You should always have clear expense reporting. This should not be complicated or cost extra. Expense reporting should be free and easy.
The big banks are way behind on technology. Users need to know their money is safe and be able to respond to any suspicious activity instantly. For example, Found let’s you suspend a card immediately from an app. Get real-time control over your accounts and smart notifications of all suspicious activity. Deposits are insured as much as $250k.
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Banking services are provided by Piermont Bank, Member FDIC.
The information on this website is not intended to provide, and should not be relied on, for tax advice.