Question

commercial banks (also known as big banks) offer a variety of accounts and services, but they might not be the best fit for everyone. which of these is a disadvantage of big banks? choose 1 answer: a they only accept customers that live or work in a certain county. b they require that you use a computer or app to bank with them. c their rates and fees are not the best. d they do not have many physical buildings.

Explanation:

• Option A: Big banks typically have a wide customer base and don't limit to a certain county.
• Option B: Big banks offer multiple banking methods, including in - person, and don't require only computer/app use.
• Option C: Big banks, due to their large - scale operations and sometimes less - competitive pricing strategies, often have rates and fees that are not the most favorable compared to smaller, more specialized financial institutions.
• Option D: Big banks usually have a large number of physical branches.

Answer:

C. Their rates and fees are not the best.