Chase has now launched its Military banking and in its latest initiative it provides military personnel multiple benefits. The benefits on premium checking accounts are normally offered only for customers who maintain a high balance. But these benefits are now being extended to the active duty service members from the Armed Forces as well as members of the Guard & Reserve. The present military customers from Chase are automatically being …

Although it is a well-known fact, the average checking account has a 0.1% yield. Federal Reserve Chairman, Ben Bernanke has also pretty much confirmed that there are no plans where Washington will be able to trigger a hike in rates anywhere in the near future. In its own words, the Federal Reserve has no plans to increase the Federal Funds rate for a long period of time. But with some …

With all the ultra-low returns that we get these days, most people might think that the high-yield checking accounts are extinct but that is not true. There a number of high-yield checking accounts that is still very much around in 2011. Account holders now have ample opportunities to earn from rewards checking or high-yield checking accounts. They can earn a higher rate of interest but on a capped amount of …

If you want a free checking account, it is better to shop around state the analysts. They claim that the banks nationwide are all in the process of adjusting their fees and banking charges in a response to the Federal Legislation that is likely to come into effect from next month. It aims at reducing the charges that banks and financial institutions take on the debit card transactions. Moebs Services, …

Bank of America is revamping its checking accounts and will also increase the fees. The changes are already being brought in and the traditional checking accounts would be phased out over July and August. Once the checking account products are phased out more than 530,000 customers from three states would be moved into a new slate of accounts and that includes 170,000 from Massachusetts. It has plans of moving out …