Articles

Selected category: Checking

Banks and Credit Unions Should be Very Afraid if Checking Accounts Are on Amazon's Agenda Image Wired.com

Banks and Credit Unions Should be Very Afraid if Checking Accounts Are on Amazon's Agenda

Checking accounts are already a loss leader for banks and credit unions.  They aren’t a high margin product, but are offered to create a nexus to customers who... Read →

Consumers Credit Union Pays Up To 5.09% APY on Rewards Checking - National Offer

Consumers Credit Union has a free rewards checking account in which depositors can earn up to 5.09% APY on balances up to $10,000. There are no fees with the account and the credit union will refund fees from other banks' ATMs when the reward requirement balances are met. Best of all this account is available nationally, anyone can join the credit union and open it, and access is nationwide do to the credit unions participation on a co-op program.

Read →
Bank of America Rolling Out New Fee Checking Account with No Overdraft Image www.financenewspro.com

Bank of America Rolling Out New Fee Checking Account with No Overdraft

The WSJ reported today that Bank of America has begun to test a new checking account that charges $4.95 per month but won't allow overdraft... Read →

Eighty Percent of Consumers Rate Their Bank High on Accessibility and Responsiveness

A new survey of bank users found that 80% rank their bank as excellent or very good in accessibility. Does this match your experience?

Read →
Should you Opt-in to Overdraft Programs When Opening A Checking Account? Image hywards at FreeDigitalPhotos.net

Should you Opt-in to Overdraft Programs When Opening A Checking Account?

Checking customers are at risk of paying high overdraft penalties and having their accounts involuntarily closed if they opt-in to bank overdraft programs when opening checking accounts according to a report released today by the Consumer Financial Protection Bureau (CFPB).

Read →
Cardinal Bank Offering 1.21% APY Checking Account for D.C. Metro Image Stuart Miles at FreeDigitalPhotos.net

Cardinal Bank Offering 1.21% APY Checking Account for D.C. Metro

Cardinal Bank, headquartered in Mc Lean, VA and with 27 branches in the Washington D.C. metro area is offering a checking account that pays a 1.21% APY on balances up to $100,000.

Read →
Rewards Checking Accounts - Free High Yield Checking with Activity Requirements Image Stuart Miles at FreeDigitalPhotos.net

Rewards Checking Accounts - Free High Yield Checking with Activity Requirements

Rewards checking accounts provide their holders with a premium interest rate, a free checking account, and often ATM rebates in return for the owner undertaking certain activities specified by the bank.

Read →

Bluebird and the Evolving Financial Landscape: Can Banks Still Charge Huge Checking Fees?

The conventional wisdom regarding Bank of America's decision to delay the imposition of fees on checking account holders who do not maintain a minimum balance has been that they were fearful of a consumer backlash similar to the one they experienced last year. It is not that simple.

Read →
Regions Bank Offers $125 Bonus for New Accounts Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Regions Bank Offers $125 Bonus for New Accounts

If you live in one of over 16 southern states, you can earn a $125 bonus for a new account at Regions Bank. But you have to act fast: this promotion ends September 30th, 2012.

Read →
ING Direct Offering $152 Bonus for New Accounts Before Independence Day Image Image courtesy of Kittisak at FreeDigitalPhotos.net

ING Direct Offering $152 Bonus for New Accounts Before Independence Day

ING Direct has begun their annual "Financial Independence Days Sale" which will run through 11:59 PM RT on July 3rd.

Read →
Are Checking Account Promotions Coming Back?  Citizens Bank Offers Up to $225 for New Accounts Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Are Checking Account Promotions Coming Back? Citizens Bank Offers Up to $225 for New Accounts

In the market for a new checking account? Citizens Bank is offering a bonus of $125 for new customers to open a checking account, and an extra $100 for a money market or CD account - but you have to act before June 2, 2012.

Read →
Everbank Promo Rate Back - Six Month Checking and Money Market Promo Rate of 1.05% APY Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Everbank Promo Rate Back - Six Month Checking and Money Market Promo Rate of 1.05% APY

Starting on March 1, 2012, Everbank is offering a bonus rate of 1.05% APY to new Yield Pledge Checking and Yield Pledge Money Market customers.

Read →
Weekly Rate Spotlight - Cardinal Bank Offering 2.01% APY First Choice Checking Image Image courtesy of jk1991 at FreeDigitalPhotos.net

Weekly Rate Spotlight - Cardinal Bank Offering 2.01% APY First Choice Checking

Cardinal Bank, headquartered in Mc Lean, VA and with 27 branches in the Washington D.C. metro area is offering a checking account that pays a 2.01% APY on balances up to $100,000.

Read →
Weekly Rate Deal - Consumers Credit Union Offers 4.09% APY Rewards Checking Account - Nationally Available Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Weekly Rate Deal - Consumers Credit Union Offers 4.09% APY Rewards Checking Account - Nationally Available

We're going to start the 2012 weekly rate deals with a rewards checking account from Consumers Credit Union that pays 4.09% APY. Unlike many credit unions, anyone can easily join Consumers Credit Union, and because the bank has online banking and an online application, the account is available nationally.

Read →
Bank Rewards Programs That Put Cash In Your Pocket Image Image courtesy of posterize at FreeDigitalPhotos.net

Bank Rewards Programs That Put Cash In Your Pocket

Interest rates are low. We know that. That doesn't mean there aren't some other ways to generate a few extra bucks from your bank. In fact, some banks are offering rewards programs that might be worth a second look. Below are a few ideas. None of these compensate for average savings rates below1%, but they may help a little.

Read →