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The big news this week from the economic rate front is that the Fed reaffirmed its commitement to keep interest rates low for the foreseeable future. The news sent the stock market soaring, with...
One downside to money market accounts and savings accounts as compared to checking accounts is that you are limited in the number of third-party withdrawals. This is based on the Federal Reserve's...
Bank of America is offering 1.50% APY on balances from $10,000 to $250,000 on its Introductory Rate Money Market Savings. The rate is guaranteed through 1/04/2010, and at that time, the account...
New internet savings accounts continue to pop up with rates that are much higher than the more mature ones like ING Direct and HSBC Direct. Is it worthwhile to open yet another online savings...
This MarketWatch article has a useful list of "sneaky bank fees that sting unsuspecting consumers." Many of these shouldn't be a concern for those who are careful with their bank and credit card...
Banks and credit-card companies have gone on the offensive in advance of new consumer protections the Obama administration is asking Congress to enact. For many consumers, that could mean an...
GMAC Bank has changed its name to Ally Bank with a new website at Ally.com. With all the bad press related to GM and GMAC, I guess the bank decided it needed to separate itself from GMAC. However,...