In Australia in 2010 I got a debit card for the first time in my life. The card would simply reject transactions. “As should be”, I thought. It was a revolution for me.
I moved to One Financial, but I've kept a local credit union account as well. This probably makes no sense, but then again it's ok to feel conservative about banking.
It's worked out for me so far. The local credit union is one block away. I have not used it but there are no fees to just park money in a checking account.
I still don't know what happpens to such retail banking as interest rates go negative.
Who on their right mind would rather me charged $30-40 instead of having your card be declined?
Not me, so I try to turn off any such things when I create a bank account