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BankFox – Get A Better Bank

In today’s economy when every penny matters there is a new site called BankFox that helps you stretch your penny. BankFox is a free service that lets you compare banks based on rates, fees, health, online tools and more.

If you are looking to open a new Savings Account or Checking Account BankFox has a really easy to use comparison tool. First you click on what type of account you are looking to open. I clicked on the checking accounts option and then was taken to a page where I could narrow banks down based on account type, bank location, bank size, minimum balance, features and much more. After I chose criteria that were important to me it listed all of the banks that fit my specifications. I was able to drill down even more into each bank listed based on additional options like opening and monthly fees, account details, bank profile and health report. I especially like the health report which is based on a 1 to 5 score assigned by BankFox. The score is based on an analysis of the bank’s financials from the report date which is listed at the top of the screen as reported by the FDIC and other public sources.

The comparison tool really helps you narrow down banks based on your individual needs and BankFox takes all of the guess work out of choosing the bank that is right for you.