There are five steps to choosing the right bank account that will suit your needs and not cost too much in fees and charges.
Step 1 - Assess your needs
Step 2 - Weigh up fees
Step 3 - Ask about waivers
Step 4 - Does it meet your needs?
Step 5 - Look into add-ons
Some banks waive monthly fees if you deposit your salary, package your home loan or do a lot of business with the bank. Add-ons such as an online saving account may help you save for that big purchase.
