We all love to save money. Whether it’s the savings we earn from turning in a coupon or a negotiation deal that tilts in our favor, saving money feels good and helps us reach our financial goals faster than ever. But did you know that your bank account could also help you save money toward your financial goals? Here are 7 revolutionary bank accounts you must check out. Each one will help you save money in various ways – you decide which ones are right for you! 1. PerkStreet Checking PerkStreet is a brand new financial institution with excellent rewards – er – perks . During the past year, we’ve earned over $500 using our PerkStreet debit card. That’s a lot of money – you know, like an auto insurance payment. You can make: 1% cash back every time you pay with your PerkStreet card for non-PIN transactions. 2% cash back online at Amazon.com, Apple.com, iTunes, Walmart.com, Target.com, and BestBuy.com. You can also make 2% cash back in a couple of bonus categories . . . . 5% cash back in PowerPerks categories – rotating merchants voted on each month by PerkStreet customers. You can redeem your perks for various gift cards – there are a lot of options. Read a full review of PerkStreet for the fine print details. 2. ING Direct Electric Orange Checking ING Direct has a great online checking account. One of the coolest features is that they will mail your paper checks for you – saving you postage and time. They also have free online bill pay, free access to over 35,000 ATMs, and peer to peer payments which allow you to send money securely to family and friends. Definitely worth checking out! 3. Ally Interest Checking Ally Interest Checking is yet another revolutionary bank account due to their policy on ATM fees – they have none. How can that be you ask? Well, if a fee is charged at an ATM, they’ll refund it at the end of your monthly statement period. Sweet! Like PerkStreet, they also have rewards. However, there are some differences. See a comparison of PerkStreet and Ally for more information. 4. PayPal Account PayPal is a great way to buy and sell things online. Many people use a PayPal account to buy and sell on eBay , but PayPal can be used in other ways as well. You can set up donations on your website for a special cause, or sell consulting services with ease. PayPal is definitely a unique way to manage your transactions. It’s an excellent way to make extra money for your side business . 5. SmartyPig Savings SmartyPig allows you to save. Pig big time. Let’s say you want to save money for a vacation, new flatscreen television, or an emergency fund. SmartyPig has created some great online visuals to help you achieve those goals. Create as many savings goals as you want. You can link your bank accounts, set up automatic withdrawals, and save – BIG time. Fun stuff. 6. Virtual Wallet by PNC Virtual Wallet is another revolutionary online bank account that gives you three categories: spend , growth , and reserve accounts. There is a “money bar” that shows you how many payments you have scheduled and how much money you have that is free to spend – very helpful! There are also cash back rewards and a “punch the pig” option that allows you to save spontaneously. Check it out! 7. Your Local Credit Union Go to Google and search for local credit unions in your area. More than likely, you’ll find that your local credit unions have lower fees and better customer service than the big banks. Some of you like the ability to walk into a building and see smiling faces waiting to help you manage your money. If you’re that type of person, a local credit union is probably right for you. Where do you bank at? What has been your experience? Which of the above options is right for you, and why? Leave a comment below and let’s get the conversation started! Piggy bank image from Shutterstock Related Articles: Where To Open An Account on Bank Transfer Day How to Earn Over $700 from Your Banks Each Year How I organize my bank accounts Update on My 2% CashBack Debit Card John Frainee is a personal ﬁnance writer at TheChristianDollar.com . His goal is to provide biblical ﬁnancial principles that encourage people to live healthier lives. Beyond personal ﬁnance, John enjoys spending time with his wife and two crazy cats, playing a competitive game of Monopoly, and reading just about anything he can get his hands on. You can also ﬁnd him on Twitter and Facebook .
7 Revolutionary Bank Accounts That Will Save You Money