Bank Cons

The most basic way that we bankers make money is to borrow money from depositors (you), and then lend it to others at higher rates. This is fully legitimate and above board.  It’s pretty much comparable to the way lots of businesses make their money: buying product wholesale and selling it retail.

Let’s take a look at some of the ways bankers and their marketing people have figured out how to make more money from their customer, us:

Bank Service Charge Cons

Debit/ATM Cons

Savings Account Cons

Credit Cards are Great

You’re a Good Customer of the Bank, Huh?