The words free and checking are rarely used in the same sentence by banks anymore. According to Greg Mcbride of bankrate.com accounts still called "free" have dwindled from 76% of all checking in 2009 to about 39%, and will grow scarcer. Wells Fargo, operator of the U.S.'s largest branch network, has dropped free checking. Instead [...]
There are numerous ways to conduct your banking today. This makes choosing the best option an important step to saving more money. Finding a bank with lower fees can possibly save you hundreds over the course of a year. On average online banks have lower checking account fees compared to traditional banks. If you prefer [...]
It is pretty rare to find a bank these days that does not offer online banking in some capacity. Technology has changed the way we bank. It can be a huge convenience for those days when the last thing you want to do is run to the bank to deposit a check or transfer money. [...]
Overdraft protection is a service designed to benefit consumers that have overdrawn their checking account. If you tend to carry a lower balance in your account overdraft protection can help you save a lot in overdraft fees. Before setting up overdraft protection at your bank it’s important to see if there are any hidden fees [...]
All bank fees are frustrating but there are a few that top the list. TD Bank recently conducted a survey of 3,000 checking account customers at various banks throughout the country. They found that non-bank ATM fees were ranked most frustrating by 38% of respondents. That’s the fee you get when you withdraw money at an [...]
The Dodd-Frank Wall Street Reform Act was signed into law back in 2010. The Act has helped consumers avoid being charged a hefty overdraft fee for making small dollar purchases if you “opt-out” at your bank. Unfortunately what it's also done is caused banks to raise fees for other services, and create new ones to make up [...]
