Comments
Why Do Consumers Leave Banks?
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Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
11/30/2014 | 10:03:25 PM
Re: primobanks.com
A lot of banks recognize that situation right now, and are trying to make it easier to open an account with them completely online or through the mobile device. One of the most inconvenient banking experiences is opening a new accout. If you could do that as easily as you could check your balance, you probably wouldn't wait to switch.
Becca L
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Becca L,
User Rank: Author
11/29/2014 | 4:57:34 PM
Re: primobanks.com
I'm surprised as well, but you make a good point about the hassle. Even with life events, sometimes you're willing to deal with an inconvenient banking situation (for a time) because it's a pain to switch. From personal experience, my branch is not well represented in the city and I've been thinking to switch to a more prevalent one... eventually.
Byurcan
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Byurcan,
User Rank: Author
11/11/2014 | 12:26:52 PM
Re: primobanks.com
It is a bit surprising at first glance, but when you think about, people complain about fees but at the end of the day it's a hassle to switch banks. You've got your direct deposit linked in there, any number of autopay bills, etc. So that does make me think the real primary reason people switch banks is when they're foprced to, such as a life change like a job taking them to a new area.
bcpremo
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bcpremo,
User Rank: Apprentice
11/8/2014 | 5:20:15 PM
primobanks.com
I was suprised to read that fees were not the number one reason why people choose to switch banks.  Everyone has lots of options these days to avoid high bank fees.  I recommend doing a little research to find a bank near you with lower fees.  It can save you a lot in the long run.


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