Question

many people choose to bank with commercial banks (also known as big banks). what is one good thing about using big banks? choose 1 answer: a they share profits with their members. b they offer the best interest rates. c they charge the lowest fees. d they offer many different services, like accounts, loans, credit cards, and investments.

Explanation:

• Option A: Profit - sharing with members is a characteristic of credit unions, not commercial banks.
• Option B: Big banks do not necessarily offer the best interest rates; smaller financial institutions or credit unions might have more competitive rates in some cases.
• Option C: Big banks often have higher fees compared to smaller banks or credit unions.
• Option D: Commercial (big) banks are known for their wide range of services including various types of accounts, loans, credit cards, and investment options.

Answer:

D. They offer many different services, like accounts, loans, credit cards, and investments.