Queen’s coronation & common place anniversaries

It’s easy to recognize the grandeur of this coronation anniversary, but make sure you don’t ignore common place ones.

08:50 08 June 2013

While it’s natural to share in the excitement of the Queen celebrating her 60 year anniversary since her coronation, there’s another anniversary that is typically less celebrated.

 

We don’t often think of our banking relationship as worthy of an anniversary, but perhaps we should. Developing a strong relationship with your banking institution could have benefits in the future if you bring up your loyalty to them the next time you’re in need of their services.

 

Here are a few tips to find a bank so you can develop a banking relationship. 

 

• Hours-if you like to do your banking locally rather than online, check a few banks to find ones that can best accommodate the hours that you need. There’s no point in trying to develop a banking relationship with an office that is closed whenever you need to visit. 

 

• Options-in some ways, trying to find a decent bank resembles looking for a new car. There are a lot of things that we need to take into consideration. If you need online banking options, make sure that you only consider banks which have them. If you try to settle, you’ll eventually be fed up with the inconvenience of the bank and will potentially switch out of necessity. 

 

• Customer service-if you do not receive courteous and attentive service when you call or visit a bank, you probably don’t want to try and establish a banking relationship. If potential customers aren’t treated well, it usually means that existing ones are treated worse. 

 

• Loyalty-don’t be afraid to ask the bank if you receive special benefits when you establish a long-term banking relationship with multiple accounts. Perhaps you’ll receive a little better interest rate on a vehicle or mortgage loan if you happen to also have a cheque account. There could be a rewards programme, or something else advantageous.