Sunday, November 06, 2011

Abington Bank in Money Magazine

It's been a busy few weeks so I'm catching up on some reading.

The November issue of Money Magazine had an interesting Pennsylvania note.  On page. 118, there is a short article called "Should you get a 2-in-1 card?" by Daniel Bortz.

I'll leave it to you to read about what a 2-in-1 card is (some sort of debit / credit card combined wherein you decide if you want it the purchase to come out of your bank account or go onto a traditional credit card charge).

In any event, he lists a number of types of cards and funds, with three or four options for each.  I was really surprised to see a Pennsylvania bank listed in two of them.  Abington Bank is the third listed under "cards with the lowest rates" and second under "no-fee cards with the lowest rates."  Keep in mind that this a a national publication, so that's kind of a big deal.  Also keep in mind that Abington Bank was recently purchased by Susquehanna Bank so I'm not sure this information is still current (see Jeff Blumenthal's article in the 10/03 Philadelphia Business Journal, "Abington Bank now Susquehanna as $273M deal closes").

For those of you considering joining the "Move your Money Project," this may be something to investigate.

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