Understanding how a checking account works

Sunday, January 20th, 2013

Carrying big amounts of cash everywhere you go is not a good idea. There are so many theft and robbery cases that happen every single day that the best thing you can do in order to make sure that your money is safe is to open a checking account. The checking account will not only help you keep your money safe, as it also offers you the chance to pay …

January 20th, 2013


Bankrate 2012 Checking Survey Reports Soaring Bank Fees and Reducing Free-Checking Rates

Saturday, January 12th, 2013

The important findings of this new study by Bankrate.com reveal that: Average monthly maintenance fees for non-interest checking accounts is reported to be at a record high of $5.48, which is almost a 25% jump over the figures from last year The charges for getting cash from an out of network ATM has also increased drastically. According to the study, people can expect to pay almost an average fee …

January 12th, 2013


A la carte checking accounts making their entry

Thursday, January 10th, 2013

Sharon Manning, aged 54 years, is a Texas based realtor who, like many other customers in the United States of America, had to pay monthly fees for services that she hardly used. When a bank based out of San Antonio in Texas, Frost Bank, gave her a chance to pay only for the services she regularly used, she jumped at the opportunity. Currently, Ms Manning holds a basic checking account …

January 10th, 2013


BOA customers in Massachusetts shelling out more

Tuesday, January 1st, 2013

Massachusetts residents who are customers of the leading US bank, Bank of America, are currently paying the highest banking fees for their accounts as compared to those in the rest of the country. As an example, Bank of America customers in this region who hold an ebanking account have to pay $12 each month if they intend to use the services of a teller or would like to get paper …

January 1st, 2013


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