Sometimes we tend to want to move one from bank to the other for reasons best known to us but at the same time,here are a few reasons to have a rethink and stick that one bank of yours.

Easy access to loan and other credit facilities
The longer you have stayed with a bank, the easier it will be for you to have access to loan and other credit facilities. You can’t expect to jump from one bank to the other and expect them to give you the same access to loan or other credit facilities has a customer who has been banking with them for years.

Bank could be of benefit.
I will share a little personal experience here, when I was in search of placement for my IT some years back, the only reason I was given an opportunity to work with a certain Nigerian bank was because I had a relative who had been a loyal customer of the bank for a very long time which made the bank consider my application and eventually allowed me observe my IT with them.

Less openness to scam and other financial fraud
Jumping from one bank to the other isn’t only stressful but believe me you are only creating opportunities for too many people to know what your financial status is and believe me the more people know about your financial status, the more open you are to scam and other financial fraud.

Payment of Dividend and other benefits from years past

At some point in your life, you must have submitted your bank account details with a particular organisation that should be paying you some amount of money at a later date, changing your bank might make getting your money across to you quite difficult or making it totally impossible.


Source:http://www.gistquaters.com/2016/10/why-you-should-maintain-loyalty-with.html

What of us with 4banks

What will you call a person who moves from bank to bank.....?
1. Financial Ashawo
2. Bank Ashawo

Ayam not getting the gist and the logic in the write up.

Not in Nigeria where even The Banks aren't Loyal.

We hear

Your first point isn't true. Moved salary from first bank to standard chartered bank... I got 3 million loan a month later... Despite being with first bank for years..shishi dem no gimme na to dey comot10k per month in d name of COT... That bank useless sha.

Who is still saving their money in Nigerian banks, when you have the opportunity to save ur money in dollars through BITCOIN.

I have all my cash in bitcoin now and bitcoin is a currency that never depreciates. Besides there are a lot of investment opportunities for bitcoin owners that are not available to Naira.

Abeg, make Nigerian banks park well, make I grow my money in bitcoin.

Not in Nigeria. If u like be loyal with your bank for 50 years, them go still Bleep u up if u need there epp

Diamond Bank has been saving and helping lives since 19......whatever, just Bank with us, that's the point

Mtcheew....na only when u get correct money in ur bank accounts wil u get recognised...l knw of a man dat joined a bank for just 2yrs...and in d process,his son got employed into d bank cos of d money he had.....forget abt donkey years jare

No be for UBA

So if one bank dey deduct my money anyhow as dem like, make i maintain loyalty abi I don hear.

Do not put all eggs in one basket in case of emergency.

Its like Op has never been stranded before

Only in Amelica

Lol I don't think op knows firstbank. Those mofos will frustrate you. Dem no care wether Na your grandpapa account you inherit Dem go do you shege anytime

Gud shaa, anything dt has advantages , also have disadvantages too . what if I needed money for d weekend n d ATM machine seized my card nkoh.so I should b stranded.

With the way ecobank behaves....

O boy if them no trest me well na straight to another bank o

jhydebaba:
So if one bank dey deduct my money anyhow as dem like, make i maintain loyalty abi I don hear.

Eg first bank! I no know how humanbeing still dey bank with those thives

No be for naija banks

Well said

Like 1st bank that charges me 4naira for sms that I don't ever get?

They dont ever give interests but make deductions.
By the way who saw the presidential debate this morning

Uhm

Ok

.

ChappyChase:

Eg first bank! I no know how humanbeing still dey bank with those thives

They make me cry everyday. yeye bank

I disagree OP. Nigerian banks are unreliable. I have been to the ATM several times where i couldn't withdraw cash because my bank had 'network' issues. Having multiple bank accounts in this case was my only saving grace. If you insist on maintaining just one bank for loyalty sake, be ready to sleep hungry one day!