Suppose you are trying to switch banks or open a brand new credit card. Which strategy will likely lead to the WORST long-term o
utcome? O Review the fine print closely, paying close attention to fee structures and interest rates O Read online reviews carefully, and consider those that align most closely to what you value O Look for sign-up bonuses or introductory offers that will make the product a good deal O Spend some time comparison shopping before finalizing your decision
The strategy that would lead to the worse long-term outcome when switching banks is to Look for sign-up bonuses or introductory offers that will make the product a good deal.
<h3>What should you not do when switching banks?</h3>
Banks will often offer sign-up bonuses and introductory offers but as the terms infer, these are short term.
These bonuses will not apply in the long-term and so should not be the only things considered when thinking about how the new bank will benefit you in the long-term.