Yes indeed.
I wonder if the true private banking relationships (probably way too high for me to qualify) would actually offer worthwhile benefits.
Not exactly.
Originally Posted by
rapatelrocky
While Chase CPC and WF Portolio are supposed to be "special" but basically they are primarily for "reduce the bank fees as much as possible" and try to get some useful banking services in the process.
Exactly.
FWIW - I am not opposing this kind of top-tier banking. Instead - before you are attracted to these, think about this - how exactly can you benefit this kind of accounts?
If you say CPC will give you $2K for 250K, go for it. Otherwise, many published benefits are not worthy when you compare institutions like Schwab (Schwab offers ATM rebate worldwide, but not Fidelity or eTrade).