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 'direct deposit'
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
Direct Deposit Advance Loans – Aren’t They Payday Loans?
April 15th, 2009 · 5 Comments · Banking, Budgeting, Consumer Debt, PayDay Loans
Regional banks U.S. Bancorp and Wells Fargo & Co. offer “checking account advance” loans that allow customers with direct-deposit accounts to access funds before they are credited to a customer’s account balance. The short-term loans carry annual interest rates of about 120%.
Doesn’t this sound familiar? Payday Lenders can also “advance” you money in your [...]
Tags: direct deposit·FDIC regulations·Interest Rates·Payday Lending·US Bank·usuary laws·Wells Fargo
Your Social Security Check Sent Via Debit Card?
September 10th, 2008 · 10 Comments · Banking, Credit Cards
Social Security recipients can now get monthly payments on a prepaid debit card. If you don’t have a bank account, your days of dealing with paper checks are over, including fees involved like there are with paper checks. The Direct Express Debit MasterCard is being rolled out in all 50 states (the initial roll [...]
Tags: Check Cashing·Comerica Bank·Debit Card·direct deposit·Direct Express·No Fees·Social Security Check
Some stimulus checks sent to wrong accounts
May 17th, 2008 · No Comments · Consumer Debt
Leave it to the government! I have to say this is pretty funny. Maybe Diebold was involved in some way? Good thing I’m having my check sent to me the old fashioned way.
Market Watch Link
An except:
Through the wonders of modern [...]
Tags: Checking Account·direct deposit·economic stimulus plan·IRS·Stimulus Checks
