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Banking

Banking and credit in Israel, explained in English: bank fees, credit rating, credit cards and tashlumim, switching banks, and tracing dormant accounts.

11 guides~3.3 min per article

Guides & Articles

Credit Rating
Credit rating: what it is, how it affects the interest rate you are offered, how to check your score and how to improve it.
2 min readRead
Bank Fees
Bank fees: the silent drain on your account. Which fees exist, how to move to a discounted track, and how to save hundreds of shekels a year.
2 min readRead
Bank Deposits
Bank deposits: the types available, how the interest rate is set, whether they beat inflation, and when a money market fund is the better option.
2 min readRead
Switching Banks
Switching banks: the "bank switch in a click" reform made it simple and automatic. How it works, how much you can save, and when it is worth moving.
2 min readRead
Loans
Loans: bank versus non-bank lenders, loan consolidation, what the true cost of credit means, and how to avoid expensive credit traps.
2 min readRead
Credit Data and Credit Rating
Credit data and credit rating: what they are, how they affect mortgages and loans, how to check your report and how to improve your score.
2 min readRead
Israeli Credit Cards Explained
Israeli credit cards for English speakers: immediate vs deferred debit, what tashlumim really means, bank vs non-bank issuers, the fees you actually pay, and how to choose.
4 min readRead
Tracing Lost Money in Israel: Har HaKesef and Har HaBituach
How to trace dormant Israeli bank accounts, pensions and insurance policies for free using Har HaKesef, Har HaBituach and the pension clearing house, and how to claim the money.
4 min readRead
Opening a Bank Account in Israel
Opening a bank account in Israel: the documents required, what new immigrants and non-residents need, digital banks versus branches, and your right to a basic account if a bank refuses.
4 min readRead
Bank Guarantee for Rent in Israel
Rental bank guarantees in Israel: how they work, what they really cost, how they compare with a promissory note and guarantors, when a landlord may call one in, and how to get your money back.
5 min readRead
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Frequently asked

Expand/collapse: What is Banking?

Banking and credit in Israel, explained in English: bank fees, credit rating, credit cards and tashlumim, switching banks, and tracing dormant accounts.

Expand/collapse: How many guides are in the Banking category?

This category has 11 guides and articles covering all the important topics in the field.

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