Do high street banks represent poor money?
Question asked by: knowitall
Poor value for money... well in the modern world many journalists are always saying and telling us to move away from high street banks.
The reason given for this broadly is that you can get more attractive products elsewhere, in terms of higher interest on savings or lower interest on loans or mortgages.
However you would then need to have a portfolio of products across different banks which can be unwieldy and difficult to manage.
The bottom line is that you should pick a provider you are happy with and go from there.
In general high street banks get a bad press which is not altogether deserved; they all have some good products and some that are not so good and that's just as true of the smaller providers as the bigger ones.
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