Banking relationships are largely based on trust. People rely on banks to keep accurate records of their transactions, secure their deposits and provide reliable advice. However, there are times when you shouldn't take that trust too far. In fact, there are times when you should completely disregard what your bank says. Read more
Banking is just like any other retail business: Banks are trying to sell you something, and the sales pitches only intensify once you become a customer. Retailers know that repeat customers are a great source of business, and banks in particular know that once they have your attention, it is easier to get you to bite on all kinds of additional products and services.
It's your money - and you should never agree to anything you do not understand.