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Add Capital in a Deposit: How to Get More from Your Bank or Even from Another Bank

Add Capital in a Deposit: How to Get More from Your Bank or Even from Another Bank
Image: globes

Israelis tend to close a deposit at the bank where they manage their account, even when another bank is willing to pay more • Perhaps this loyalty turns many into captive customers, even though it…

— globes

Assessment

Bank deposit rates vary significantly between Israeli banks, yet most customers never shop around. They close a deposit with their current bank even when another institution offers better terms, effectively becoming captive customers. You can open a deposit at a different bank without moving your checking account. Accepting the first offer means leaving money on the table worth chasing.

Read full article at globes →