By Larry Chiang
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Larry Chiang (@LarryChiang) |
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Why do certain US banks/credit unions require 10/12 debit card transactions per month to give higher interest rates? qr.ae/5ShQa
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Banks want you as their primary.

It’s harder to be slutty and less loyal.

What I mean is that you benefit from having multiple banking relationships.
For example:
My savings is at Wells
My checking is at Chase
My mortgage is at B of A (err was)
This makes the bank compete by offering me a constant stream of deals in an attempt to “buy my business”
The entrepreneur bell curve
Credit knowledge at SXSW
Duck9 = Deep Underground Credit Knowledge 9
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Founder of “What They Don’t Teach at Business School” for CNN iReport: https://ireport.cnn.com/people/larrychiang
Author, NY Times Bestseller
“What They Will NEVER Teach You at Stanford Business School about EUTWMPPM @SXSW” comes out 11-11-14
52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering
Emergency swings and cutting deals as an 9 year old


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