Where are you currently putting your extra money? If you’re like most of the world, when you find yourself with some extra cash, you don’t stuff it under your mattress, you head on over to the local bank and make a deposit into your savings account. But have you ever really studied the bank that you’re entrusting with your hard-earned money? Do you really think that you’re guaranteed to get your money back if they had financial issues? I have recently learned about Clydesdale Bank and have 4 reasons why they’d be a great choice for anyone.

Been Around Since 1838

Do you know how much it means for a bank to have been around for nearly 200 years? Clydesdale bank has been around since 1838, which means that they have experienced just about every economic disaster you can think of, and they’ve lived to tell about it. Not many other companies can say that. Do you know what this means for me? It means that Clydesdale is a safe, secure, and trustworthy bank. If they weren’t, they certainly still wouldn’t be in business.

Low Rate Personal Loans

Sometimes it can be rather difficult to get a personal loan through your local bank. With Clydesdale, the process is simple and they offer a flat 5.1% for small personal loans, even if you don’t have collateral for the loan.

No Mortgage Arrangement Fee

If you’re already a member of the Clydesdale Bank, you don’t have to pay a mortgage arrangement fee when you purchase a new house. This is actually quite a huge deal since those fees can sometimes total a thousand bucks!

Low Rate Car Loan

Just like the personal loan, the Clydesdale Bank car loan is a low fixed percentage. You can decide to pay back the loan over the course of one year, or you could stretch it out to five if you want. Also, there are no penalties for paying back the loan early. If you find yourself with a load of cash and you’d just like to pay the loan in full, you could do that at any time.