Many people are so discouraged with the abysmal interest rates offered for saving and checking accounts today, it seems impossible to think there could be a glimmer of hope on the horizon. Gone are the days when a person might … Continued
The ongoing battle between independent ATM operators and the major credit card companies continues as the Supreme Court has agreed to hear in their next term, an appeal made by MasterCard Inc., VISA Inc. and several other leading banks. The … Continued
The online bank which began as ING Direct, then became Capital One 360, and is now simply Capital One, has gone through a trial by fire with this customer. As a member of the military, then married to it for many years, … Continued
How did America’s largest banks, including JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and Citigroup (NYSE:C) make over $11 billion from overdraft and NSF fees in 2015? For the first time, the Consumer Financial Bureau has made it easy to understand by … Continued
As the financial industry moves into the internet age, more and more options are becoming available for consumers. In the old days, banking required you to go to branch and speak with a teller or a manager to get anything … Continued
With financial market uncertainty, it is comforting to know that there is a base level of protection for bank accounts held at financial institutions that are insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance, which offers coverage for bank … Continued
*** Article Updated for 2018: https://banks.org/overview-of-high-yield-online-savings-account-options-for-2018/ Savings accounts: everyone should have at least one, but when your local bank is offering to pay you interest at dismal rates as low as 0.01%, saving can be downright discouraging. Thankfully, in … Continued
It is important for everyone to have some sort of savings. Depending on your age and how much money you have to put into savings, there are many different options available. For some people, a traditional in bank savings account … Continued