RaboDirect was a Dutch online bank that offered a variety of savings and investment accounts.
However, with talks of RaboDirect closing its doors circulating, if you are a former RaboDirect customer, you may be wondering what other banking options are available to you.
What are some good alternatives to RaboDirect?
There are many great banking alternatives to RaboDirect available. Here are a few of our favorites:
- Ally Bank: Ally Bank is an online bank that offers a variety of savings, checking, and investment accounts. Ally Bank is known for its high interest rates and low fees.
- Discover Bank: Discover Bank is another online bank that offers a variety of savings, checking, and investment accounts. Discover Bank is known for its cashback rewards program.
- Marcus by Goldman Sachs: Marcus by Goldman Sachs is an online bank that offers a high-yield savings account. Marcus by Goldman Sachs is a subsidiary of Goldman Sachs, which is a well-respected investment bank.
What should I look for in a banking alternative to RaboDirect?
When choosing a banking alternative to RaboDirect, there are a few things you should keep in mind:
- Interest rates: Compare the interest rates offered by different banks. The higher the interest rate, the more you will earn on your savings.
- Fees: Make sure to compare the fees charged by different banks. Some banks charge fees for checking accounts, savings accounts, and ATM usage.
- Customer service: Choose a bank that has good customer service. You should be able to contact customer service easily and get help when you need it.
How to switch to a new bank
Switching to a new bank is easy. Here are a few steps you can take:
- Open a new account at the bank of your choice.
- Transfer your money from your RaboDirect account to your new account.
- Close your RaboDirect account.
There are many great banking alternatives to RaboDirect available. When choosing a new bank, be sure to compare interest rates, fees, and customer service.
Switching to a new bank is easy and can be a great way to save money and get better service.