Insider Trader: Building the better bank alt

There are a few reasons to have a bank alt. First, bag and bank space. Since you don't want to "flood the market" with any given particular item (because that drives prices down), you might need to put some items in cold storage until the market stabilizes. While your main character's bankspace might be gargantuan, most people find the additional bag and bank space of a bank alt attractive.
Second, if you're a member of a social guild, having a bank alt lets you focus briefly on the Auction game. Many players check their auction mail before they go to work, and don't want the awkward social action of ignoring their fellow guild peers when only on for a very short time.
Third, there's an inalienable style to the bank alt. Even now, WoW.com is cruising for submissions for the most stylish, awesome bank alts out there. It's a subculture in WoW. As Penny Arcade once so brilliantly illustrated: "Naked they run, level 1 banks: Clark Kents of Azeroth."
The Name
The first step in creating your bank alt is its name. While any name works for many people, I find that the discriminating bank alt requires a certain flair to their name. You're going to be listing dozens -- hundreds! thousands! -- of auctions, and the in-game market will dance at your command. Names like "warriorlol" or "funkimage" just don't get the same feel across to your customers. Your bank alt doesn't need to sport a roleplay name, necessarily, but the moniker should be memorable.
In order to find inspiration for your bank alt's name, I'd suggest looking to history first. Perhaps you can find a famous or notable banker to serve as your alt's namesake. Morgan, Chase, and Lehman all seem like solid starters. You could also find a good referential name -- perhaps a Latin word for money, or bank, or some other concept.
The Class
Personal preference has a lot to do with which class you should choose for your bank alt. However, if your bank alt's going to stay stylish, then I would highly encourage you to choose a plate-wearing class. Because death knights, warriors, and paladins can wear any given armor in the game, your bank alt would always be able to sport the latest low-level fashion available.
Choosing between death knights and warriors for your bank alt can be very difficult. Death knights start off the game with the highest level and all of the old world flight points. As well, once you get your death knight out of its starting area, that character will be equipped with a mount and a teleport to Acherus. These are certainly useful skills. By comparison, the warrior class has the widest available weapon-wielding options (in case there's something you want to wield in particular for the sake of style), and death knights are awfully high level for a traditional bank alt.
The real test for which class you should choose as a bank alt, however, has to do with how high you'll be levelling your little money maker. If you're going to get your mage high enough to Blink, for example, then you might find that little hop-skip-jump ability saving a few seconds between the AH and the mailbox.
The CityMost bank alts have a city of residence. Since bank alts tend to be lower level, they pick a city, and conduct their economic master plan from that one place. Of course, which city is the favored bank alt location depends on your faction.
If you're Alliance, the two predominant choices are either Stormwind or Ironforge. The big advantage in these two cities have to do with the very close proximity of the Auction House to the city's banks. You'll have to gauge which of the two cities have more loiterers hanging around the area. It's up to you if you want to avoid extra people to minimize your graphic lag, or if you'd like more folks around to show off your stylish bank alt.
The Horde have a single city whose convenience make it second to none. Thrall's very own homebase of Orgrimmar is, hands down, the best choice for a Horde bank alt. The Auction House and bank are very close to one another. There are usually just enough Horde members lingering about to show off without affecting your computer's performance. I've heard of strong arguments for Undercity, since it seems the undead keep an Auctioneer on every corner, but it feels like a longer run to the bank in the center.
Professions
Your bank alt probably won't be seeing the highest level of crafting skills, so there's really only a single choice for a bank alt's profession. That is Enchanting. This is because enchanters have the ability to tell what magic items can be disenchanted. Even if the alt can't do the item breaking itself, you'll always want to know that information before you drop coin down on an underpriced item.
The Style
The most important part of a successful bank alt is style. Zach has a wonderful guide to bank toon fashion which is still perfectly viable. I've seen a lot of people rocking out the Winter Clothes since the most recent Winter's Veil. The various seasonal clothing is a nice touch of class to many bank alts, since they provide a sense of longevity to a character which is (otherwise) not levelling.
The Guild
The final piece to building your ideal bank alt is going to be a controversial choice for many of you: what to name your guild. Many fashionable bank alts choose to wear a vanity guild plate. That is another way of saying "a guild without members, which will keep you from getting random guild invites, and will also provide you additional bank space."
You'll have to convince some folks to sign your guild charter, which can be a little difficult in crankier servers. However, once you've got your guild charter signed, you're the proud owner of not only additional bank space on your character, but also a guild bank. This should provide ample room for you to grow your stocks.
The Final Word
If you're a successful auctioneer, you will eventually get someone who wants to talk to you. I'd suggest maintaining a professional customer service attitude when you deal with your fellows. Address your customers are "Sir" and "Ma'am," and be friendly and helpful. Your bank alt is a business person, not a silent tool. Feel free to enjoy these interactions -- they're the final token of your success.
Now get out there and get building those bank alts.
Filed under: Insider Trader (Professions)






Reader Comments (Page 1 of 5)
Nizari Jan 22nd 2010 6:11PM
One of my bank alts is a belf rogue named "Berniemadoff"
Dameblanche Jan 22nd 2010 9:54PM
I am both thrilled and mystified about why I could just choose the name of my bank alt and the guild she is in, without any competition. It seems simple names are the names people don't select. So it's Moneypenny for the name of my bank alt (yip yip, Miss Moneypenny from James Bond) and she lives in the guild The Attic.
Baval Jan 22nd 2010 10:38PM
My bank alt is a Tauren Hunter who goes by the name McBankin of the guild He has a pet golden Boar named Coinbank
Baval Jan 22nd 2010 10:39PM
of the guild With Cheese...no idea why it didnt show up....
Eithlinn Jan 22nd 2010 6:12PM
I'd make an argument for Thunder Bluff as the location of choice for horde bank alts. The guild bank is nice and out in the open and about a 3 second run from the auction house.
wowinsider Jan 22nd 2010 6:38PM
Definitely TB. Fewer idiots on giant mounts covering every mailbox in sight, too.
elvendude Jan 22nd 2010 6:48PM
I love TB. The main attraction: I never have to get off my mount.
Randolyn Jan 22nd 2010 7:01PM
Absolutely, TB is the best Horde home for a bank alt. Comparing it to Org, TB wins in every category. The distance from the bank to the AH merchant is much closer than Org, and low population means very little lag.
Wolfcat Jan 22nd 2010 8:11PM
I agree on TB. I don't have a bank alt (all slots filled with levelling alts!), but whenever I want to visit an auction house, I port myself to TB. The AH, bank and GB are all *very* close together. The only problem I see, is if you want to show off your bank alt because at least on my server, no matter the time of day, there's hardly ever more than 5 people at *most* running around there, and most of the time no more than 2 or 3, so if you're wanting to be noticed for how you look, it's not the best place. As far as Org goes...people standing on/hiding/dancing on/dying on mailboxes is my main problem. It's annoying as heck to try to get to a mailbox with two mammoths loitering right next to or on it.
icepyro Jan 22nd 2010 7:28PM
This.
My alt is a toon of a class I don't really care about anymore (everyone has a dk yes?) other than I did level him to 65 so he can max enchanting and inscription, and even though he is Tauren, his home is TB because he only dismounts for the normal bank (even the guild bank is outside) -- that and the auction house, even the furthest auctioneer, is still reasonable distance and a straight line from the guild bank and mailbox.
spencerhowarddma Jan 23rd 2010 10:49AM
I would add that in TB, the trade vendor and reagents vendor are also very close to the bank, in case you need to mail some supplies to your main or a crafting alt.
WoWie Zowie Jan 22nd 2010 8:06PM
yes, TB is the best, not org. the AH and bank are very close together, closer than the AH and mailbox in IF, and since the AH is in the open, there is no dismounting.
not as much traffic to show off your fashion sense though, if you're into that.
Wiedmaier Jan 22nd 2010 8:17PM
TB also wins out for general banking because the Anvil and Forge are three steps away from the AH. I don't think there is a more convenient city.
Transit Jan 22nd 2010 8:55PM
My bank alt is in the Royal Exchange in Silvermoon. The bank and AH are very close with a mailbox in between. And the best part is that its very empty.
Its perfect.
Randomize Jan 22nd 2010 11:19PM
TB could be ok, but I absolutely love the idea of Silvermoon City. It is always empty, there is no lag at any time, even during an enemy raid, it looks absolutely amazing, and there is never some stupid rogue who decides it is fun to camp the bankers and auctioneers.
ScytheNoire Jan 23rd 2010 2:34AM
I agree, Thunder Bluff is the best choice. Less traffic, quicker run between bank and AH, and there's even a vendor right there should you need to ditch something.
Eithlinn Jan 23rd 2010 4:05AM
@transit and @randomize
Silvermoon is packed on my server due to it being one of the few good places for RPers horde side, so TB is generally a safer choice.
Alternator Jan 23rd 2010 11:34PM
Since I operate out of bag/mail space and auction. TB isn't so great at ~ 9s foot distance between the AH and mail.
I like Silvermoon - The Bazaar, it is next to no foot traffic, and ~ 3s foot distance between AH and mail... Good for getting items from the AH into the hands of your main very quick, and vice versa.
Drakkenfyre Jan 22nd 2010 6:12PM
There is a bank alt on my server named "Buymycrap".
Eddie Jan 22nd 2010 8:27PM
I've seen on of those on Gurbashi, he's way annoying ;)