when i started this blog, i was wary about sharing specifics like bank names. but now it seems that i get more and more comfortable sharing stuff like that if it means that my opinions could assist my (very few) readership. so here goes my list of banks and my reasons for investing in them.
when they introduced the Elect Account with no electronic transaction fees, i knew i had to switch my checking account with them. i think they were the first, if not the only, bank here in NZ to introduce a zero-transaction fee on checking and the first to introduce 8.2%pa on their online savings account. after that, more and more banks have followed suit. they are innovative in my opinion. the way they present information in their booklets and leaflets is simple and pleasing to the eyes.
when you read about them, you will find out why i like them. i also have started investing in managed funds and i do that with them. i'm still new to investing and they allow me to learn as i go forward.
although j and i are immigrants here, we support local businesses. these 2 are the only fully-Kiwi operated/owned banks in NZ. actually PSIS isn't a bank, it's a cooperative.
what about you? have you ever asked this question to yourself?