A BBamp;T mortgage can help you finance or build your dream home. Mortgage loan options include a fixed rate home loan, an adjustable rate home loan, construction loans, VA mortgages and first-time home buyer loans. Mortgage professionals are available to help you determine the best loan option. The mortgage center can also provide up-to-date information on BBamp;T mortgage rates. Apply online and see how you can save.
5. Other Loans
Whether you need a personal loan or an auto loan, BBamp;T offers a range of lending solutions. Use a personal loan to finance a major purchase, or borrow from your equity and make improvements to your home.
6. BBamp;T Credit Cards
Building a solid credit history makes it easier to qualify for loans, plus good credit results in a better interest rate. With BBamp;T credit cards, you can build or improve your personal history. The BBamp;T Platinum credit card feature a low interest rate and no annual fee. Enjoy a 0% introductory rate for the first 12 months. Another option is the BBamp;T Rewards credit card. You can earn 1 point per every $1 you spend. There is no annual fee, plus 0% interest for the first 12 months.
Pros of BBamp;T Bank
BBamp;T online banking is a major plus, as account holders can manage and monitor their various accounts from their home computer. This convenient feature lets customers pay their mortgages, credit cards and other bills online, as well as track their daily spending. In addition to online banking, BBamp;T now offers mobile banking. Account holders can download the banks app to their smartphone or tablet computer. Upon downloading the app, they can view their accounts and deposit checks with their devices. There is also the option of accepting credit cards with a mobile device.
Another plus is the interest rate account holders receive on their eSavings account. An interest rate around 0.01% or 0.02% is typical with most standard savings accounts. However, BBamp;Ts eSavings account pays an interest rate of 0.5%. This higher rate can grow your savings faster and help you reach savings goals sooner.
Cons of BBamp;T Banks
Unfortunately, BBamp;T locations are limited to 12 states in the southern region of the US This is an inconvenience for account holders who travel or move outside this area, as theyll have to choose another bank or pay expensive ATM fees.
As the 10th largest financial holding company in the U.S, BBamp;T is slowly gaining a reputation as a big bank. Thus, BBamp;T customer service may not compare with a small community bank. Due to the large number of customers, lack of personable service/attention can be an issue.
Should You Bank with BBamp;T?
If youre looking for a bank thats been around for many years, and one that offers a host of financial services, BBamp;T is the answer. This bank may be a perfect fit if youre looking to maximize your money, as it offers a broad selection of CD products and a high savings account rate. Additionally, with mobile and online banking, managing your accounts has never been easier.
(Feature image: Frank Kehren)