The best banks? That’s what readers often want to know. In addition to the best banks, they also want to know where I bank. With 181 Accounts [1], I obviously have lots of financial relationships.
Here’s a rundown of where I do my business and my favorite in each category.
Online Savings Accounts
The Best: Capital One 360 [2]
The Rest:
- Etrade [3]
- HSBC Direct [4]
- Virtual Bank [5]
- WTDirect [6]
- Pentagon Federal Credit Union [7]
Index Fund Managers
The Best: Vanguard [8]
The Rest:
- Barclays Global Investors
- Fidelity [9]
- Charles Schwab [10]
Investment Brokers
The Best: Scottrade [11]
The Rest:
- Zecco [12]
- ShareBuilder [13]
- Muriel Siebert [14]
529 Plans for the Kids
The Best: Ohio College Advantage [15]
The Rest:
- New Hampshire UNIQUE [16]
- Iowa College Savings [17]
- Wisconsin Edvest [18]
- California Scholarshare [19]
More of the Best
Peer to Peer Lending: Lending Club [20]
Insurance: Allstate [21]
Online Checking Account: Charles Schwab High Yield Investor Checking [22]
I also have lots of local banks that finance our rental properties [23], helocs, and business accounts, but I excluded my local banks and credit unions, since they won’t do most of you any good.
Which banks are your favorites?