With savings accounts paying an average of under 1% interest, and the volatility of the stock market, there aren’t many good places left to put your money. Good news, there’s a new banking program out there which may be a good option.
When I first read about high interest checking accounts, I thought [...]
Entries Tagged as 'debit charges'
High Interest Rate Checking – Myth or Reality?
November 11th, 2009 · 1 Comment · Banking
Tags: ACH transfers·ATM·Checking Account·debit charges·direct deposit·Fees·high interest rate checking·minimum balance·Savings account
“Transaction Sorting” Maximizes Overdraft Fees for Banks
July 16th, 2009 · No Comments · Banking
With the new credit card laws about to go into effect, banks are scrambling to replace the usurious income they used to be able to generate through late fees and sudden high interest rates. Overdraft fees on checking accounts are now being referred to in the banking industry as the “motherlode”. The method for [...]
Tags: Banking Industry·bounced checks·Checking Account·debit charges·debit transaction·Mike Moebs·Nightline·overdraft fees·transaction sorting
