MyBankTracker: Like BankRate, but with bank rates

When it comes to giving the banks a good kicking it’s been open season for a long time now. Not that this is a bank bashing site by any means but the review facility does give users a platform to vent their considerable frustration about all things from misplaced money to unprofessional service levels.

It may be a sign of the times that banks are so often guilty of poor service. Of the first 20 reviews on Mybanktracker.com only one had anything good to say.

Let’s not labour the point too long as the site’s main focus is on comparing banks and financial products and providing users with sufficient information and tools to make informed choices.

The layout is very clear and easy to use with defined categories covering a wide range of financial products. The bank section has a search function where you can enter your zip code to bring up a number of banks in your vicinity. It details these below with further links to any deals on offer and user reviews posted. Credit card and auto loan providers can also be found in a similar way.

For savings comparisons and notifications about deals the site is again comprehensive. Information on all types of savings and investment vehicles including CD’s, money market and retirement plans can be easily found.

The site also has a useful tool section providing amongst others a mortgage, APR and IRA calculator. Forewarned is forearmed as they say and with the information available on this site you should be able to approach your bank with some decent backup.

Conclusion
I think the level of content on this site is good and should help highlight the all important aspect of choice. As for bank bashing, well it’s all good sport and the banks themselves are cordially invited to join in the discussions. NB, the app is also available on iPhone.