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Entries Tagged as 'checking'

Banks Increase Cash Rewards on Saving and Checking Accounts

February 15th, 2011 · No Comments · Banking

I wrote last month about banks dropping or slashing fees in an attempt to win back customers. It seems they continue to step up the efforts to woo customers. In the latest round of consumer incentives, banks are raising interest rates on saving accounts and some are even offering cash back to customers opening new [...]

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Banks to Issue New Checking, Credit Card Fees

January 4th, 2010 · No Comments · Banking, Consumer Info, Credit Cards

We’ve already seen banks rush to slip in as many money-making fees and raise interest rates as much as possible before the new credit card legislation kicks in in February. For months, banking experts having been spouting predictions on how badly the banks are going to start sticking it to us. Now the banks’ sinister [...]

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Federal Bank Adds New Regulations on Overdraft Fees

November 18th, 2009 · 1 Comment · Banking

In recent years, most banks started approving, rather than declining, debit and check transactions that exceeded what customers had in their accounts. The banks’ rationale: consumers would rather pay $39-a-pop bounce fees, banks contend, than risk embarrassment at the checkout counter. I don’t know about you, but I would rather have my card declined. We’ve [...]

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