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I definitely agree with un-bundling for the best services over all. The problem with credit unions are most are regional (though some are not). I have the best
by gtk40 3y ago
I definitely agree with un-bundling for the best services over all. The problem with credit unions are most are regional (though some are not). I have the best CU in my area which is fine, but it doesn't have a competitive credit card offering or savings rate. It does have good service and some good other benefits and I use it for my main checking account.
I don't agree CUs are more competitive always than big banks. I think for the most part big banks have better credit card offerings for example. There are lots of reasons someone would go for a big bank like Chase for credit cards.
- zamalek 3y ago> The problem with credit unions are most are regional My CUs are west-coast, and I moved to the east coast last year. I haven't run into any problems. On the off-chance I had to walk into a brick-and-mortar bank (depositing cash is about the only reason I'd need to do that, so never), I could visit a coop instead. > I don't agree CUs are more competitive always than big banks Absolutely. We're on a mainstream brand miles reward card because my wife likes traveling. CC rewards at my CU were basically worthless - the rates were pretty competitive, though.
- gtk40 3y agoEligibility for credit unions tend to be regional, but you're right you can almost always keep your old account once you have it.