If there’s one thing everyone hates, it is bank fees. One of the most popular posts on this blog is my rant about Bank of America’s monthly maintenance fee on their checking accounts that don’t meet certain balance, direct deposit, or other requirements. Thankfully you don’t have to pay monthly maintenance fees and other ridiculous [...]
Opening bank accounts has always been one of the easiest ways to score some extra cash, and our friends at ING Direct are offering two different accounts to choose from to earn bonuses of up to $50. Disclosure: these are referral links for which I will earn $10 for each successful referral.
ING Electric Orange [...]
29 February 2012 Update: Monthly maintenance fees and bank fees in general by Bank of America and others have only gotten worse since I originally wrote this post. While you may still be able to get the occasional fee waived through customer service as I did in February 2010, it may be worth considering other [...]
I have seen a lot in the blogosphere of late about the “Move Your Money” campaign, which aims to motivate people to boycott the big banks that were the primary recipients of government bailout money and move their business to smaller community banks and credit unions. This has led to a lot of discussion of [...]
One of my colleagues at the office is fighting with an identity theft scam involving her primary checking account, and listening to the line of bull they are feeding her has inspired me to post about the things you bank doesn’t want you to know if you are an identity theft victim.
Here’s her story: [...]
Many of us have them: unused credit cards that we opened for whatever reason that we don’t use anymore and just have stuffed in a sock drawer or a desk. We may keep them because we think it will hurt our credit scores to cancel them, or for emergencies, or just because we are too [...]
I got myself into a mini-debate over on SlickDeals a while back about people who write checks at retail stores. I’m not a terribly patient person anyway, so retail check writers annoy me to no end. It takes much longer to write out a check than it does to swipe a card or even count out [...]
The economic events of the last several months, and the “response” to those events by our government have been troubling me greatly recently. For a while it didn’t make any real sense to me as to why it was so troubling. I have what I consider to be a good job, modest expenses, considerable savings, [...]
Frequent readers of my blog know that I am an accountant (note: I don’t offer accounting or investing advice; please consult your own accountant and/or financial advisor). In the corporate accounting world, one of the hot topics is discussion of counterparty risk, which is basically the risk that the people you do business with will [...]
Here’s a gem for you, courtesy of USAToday.com: apparently Chase is assessing new fees and raising minimum payments on credit card customers who are floating balances under promotional fixed rates.
In the latest fee rolled out by a bank, JPMorgan Chase, the nation’s largest card issuer, has begun charging hundreds of thousands of borrowers a [...]