Modern banks have grown from simply being a place to keep your money to great corporations with offerings across the board. Most banks offer a full range of services from mortgages and loans, to investment opportunities, to savings and checking accounts. Bank customers can quickly access their accounts from the comfort of their home and or office.

Rate chasers move money from bank to bank earning the best rates available.

Rate chasers are fanatical about how much they earn and they switch frequently. They know which bank pays the most, and they'll move for a quarter percent APY.

Before deciding on a bank account you should know that there are different types. What type of bank account should you open? It depends on how you plan to use the account.

Choosing the right bank means considering which bank gives you a good return on your business- whether the interest on your savings or a cheap loan rate if you’re borrowing. It also means getting the full range of services you’ll need, and which rewards you for your loyalty in using them.