Despite the fact that there are many who complain about the excessive government rules and regulations in the US, at least three-quarters of the American citizens who have checking accounts feel that banks must do a better job of their disclosures on checking accounts. According to a study conducted by Pew Charitable Trusts, it has been found that a majority of the American citizens want banks to be more forthcoming …

Although most banks seem to have reduced their balance caps within the last two years, there are still quite a few banks as well as credit unions which offer rewards checking accounts that have balance caps of $50,000. Hence, instead of earning the top rate on balances up to $50,000 you will only earn the top rate for a lower balance like $25,000 or $15,000. However, if you are lucky, …

Most banks will implement the debit card monthly fee, come October. So, Wells Fargo customers will have to get used to the idea of seeing another fee on their monthly checking account statements. Some of the Wells Fargo customers are not very happy with the fee, and claim that they will move their accounts to some other local bank. The monthly debit card fee would be tested in five states, …

Now, the major banks will slowly introduce the monthly fee on debit cards, starting October. The smaller banks however, will wait and watch before it decides to go ahead with the monthly fee. Banks have lost a huge amount of revenue due to the recent changes in the rules and regulations where there are caps on what the banks can charge the customers as well as retailers. The Durbin Amendment …

It can be annoying if you have a partner who is constantly changing rules and taking a lifetime to reach the phone, or is just trying to ignore you. If this is the kind of relationship your share with your bank, then you are not the only one. Around 37% of the American citizens are satisfied with their banks and financial institutions, says a study conducted in April by a …