What Happens To Big Banks if Real Estate Prices Drop 25%?
Table Of Content If there is a threat of recession, one of the first things many people worry about is the impact on the real estate market. While a recession can be tough on the labor market, it also makes it difficult for people to purchase their first home or move to a new home. […]
How Long Does It Take for a Check To Clear?
Table Of Content One of the most frustrating aspects of banking is depositing a check and then waiting to see when it will clear. While you may be able to see the check amount in your account balance, it will be marked as unavailable until it clears. But, how long does it take for a […]
The Ultimate Guide to Mobile Banking: Which Bank Has The Best App?
Mobile banking apps have revolutionized modern banking, allowing us to manage our accounts on the go, 24/7. The typical banking app allows you to not only check your balance, but you can initiate transfers, contact the support team and even deposit checks. This eliminates the need for having to spend your lunch hour queuing in […]
Randolph-Brooks Federal Credit Union Review (2023)
Randolph-Brooks Federal Credit Union Learn More Randolph-Brooks Federal Credit Union Fees $0 Minimum Deposit $0 Current Promotion APY Savings Learn More Overview Pros & Cons FAQ If you’re eligible to join RBFCU, this credit union does offer a decent selection of banking products including an interest bearing Really Free checking account. This means that it […]
Regions Bank Review 2023
Regions Bank Learn More Regions Bank Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ Although Regions does have a limited physical presence, it does offer an impressive product line up with several options within each account category. This makes it easier to find the account that is best suited […]
Third Federal Review 2023
Third Federal Learn More Third Federal Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ Third Federal offers some decent products, but whether it is a good option for you will depend on your preferences, requirements and circumstances. While it does offer some decent APYs on deposit products, you do […]
Affinity Plus Federal Credit Union Review (2023)
Affinity Plus Federal Credit Union Learn More Affinity Plus Federal Credit Union Fees $0 Minimum Deposit $0 Current Promotion APY Savings Learn More Overview Pros & Cons FAQ While not widely available to anyone, Affinity Plus Federal Credit Union does have a solid product line, which should appeal to most potential customers. There is a […]
Popular Direct Review (2023)
Popular Direct Learn More Popular Direct Fees $0 Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ Popular Direct has a limited product line, but its savings account and CDs do offer highly competitive rates. Unfortunately, you will need to have sufficient funds for the high minimum opening deposit requirements, which […]
The Pros and Cons of Using Cash
Table Of Content In today’s digital age, more and more people are using credit cards, debit cards, and mobile payment apps to make purchases. However, cash remains a popular form of payment for many individuals and businesses. While some people prefer the convenience and security of digital payments, others value the simplicity and anonymity of […]
The Ultimate Guide to Switching Bank Accounts
Table Of Content Switching to a new bank can seem like a daunting task, but it’s actually a straightforward process that can offer a range of benefits. Whether you’re looking for better interest rates, improved customer service, or simply want to switch to a bank that aligns with your values, changing your bank account can […]
Where To Store Your Physical Gold?
Table Of Content Why Storing Your Gold Can Be A Hassle? Storing physical gold can be a hassle for a few reasons: Security Concerns: Physical gold is valuable and can be attractive to thieves. As such, you’ll need to take precautions to ensure that your gold is securely stored. This may mean investing in a […]
Money Order vs. Cashier Check: How They Compare?
Table Of Content What Is A Money Order? A money order is a type of payment method that is similar to a check. It is a paper document that serves as a guarantee of payment. Essentially, a money order is a pre-paid check, where the amount of money you want to send is paid upfront, […]
Credit Union Pros And Cons: Is It A Smart Choice?
Table Of Content When it comes to managing your finances, there are many options available, including credit unions. Credit unions are non-profit financial institutions that offer a range of financial products and services to their members. They have gained popularity in recent years due to their community-focused approach and lower fees and interest rates compared […]
What Is Automatic Bill Payment And How To Set It Up?
Table Of Content What Is An Automatic Bill Payment? An automatic bill payment is a payment method that allows you to set up regular payments for your bills, such as utilities, loan payments, rent, or subscription services, so that they are automatically deducted from your bank account on a recurring basis. To set up an […]
How to Clean Up a ChexSystems Report
Table Of Content What Is ChexSystems? ChexSystems is a consumer reporting agency that maintains records of consumers’ banking and financial behaviors. It is used by banks and credit unions to assess the risk of opening new accounts for potential customers. When you open a new bank account, the bank may check your banking history with […]
How To Deposit A Check With Two Names?
Table Of Content Can You Deposit A Check With Two Names? Yes, you can deposit a check with two names on it. The process for depositing such a check, also known as a joint check, will depend on the type of account you have and how the check is written. When you deposit a check […]
The Signs Pointing Toward a 2023 Recession: What You Need to Know
Table Of Content Around the world, many people are wondering about the possibility of recession. Here in the US, there are some warning signs that a recession may be close. The general definition of a recession is when there is two quarters of negative GDP consecutively. By this definition, the U.S entered a recession in […]
Understanding FDIC Insurance: What Happens When A Bank Fails?
Table Of Content What Is FDIC Insurance? FDIC insurance, or the Federal Deposit Insurance Corporation insurance, is a government-backed program that provides deposit insurance for bank customers in the United States. It was created in response to the banking crisis of the 1930s, to restore trust in the banking system and prevent bank runs. FDIC […]
Merrick Bank Review
Merrick Bank Learn More Merrick Bank Fees $0 Minimum Deposit No Savings/Checking Current Promotion APY Savings No Savings Learn More Overview Pros & Cons FAQ Merrick Bank is an online only bank, which has been around since 1997. It was established as a subsidiary of CardWorks, the New York based financial services company, but it […]
Connexus Credit Union Review
Connexus Credit Union Learn More Connexus Credit Union Fees $0 Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ Credit unions can provide access to low cost banking and lending products, and Connexus Credit Union is a national institution with higher than average APYs on both checking and CD accounts. This […]
Chexsystems Explained: A Guide for Consumers
Table Of Content What Is Chexsystems? ChexSystems is a reporting agency that gathers information about previous issues with savings and checking deposit accounts. It maintains a report of your banking activities. Credit unions and banks can use the report to establish whether to approve your new savings or checking account application. Therefore, banks check your […]
Experian vs. Equifax: How They Compare?
Table Of Content What Experian And Equifax Do? If you’re looking to improve your credit to get your finances back on track or qualify for a lending product, you will need to understand the basics of your credit report. However, many people don’t appreciate that Experian and Equifax are two different credit bureaus. Both of […]
Experian Boost Review: When It May Be A Good Idea?
Table Of Content What Is Experian Boost? Experian Boost is a credit building tool designed to increase your FICO score instantly. There is no charge for this service and it can be used in conjunction with Experian’s credit monitoring services to improve your overall financial health. Two of the most important factors when calculating your […]
Credit Karma Review 2023: Credit Monitoring And Score Simulation
Table Of Content What Is Credit Karma? Credit Karma is a personal finance service that aims to help you remain up to date with your credit score, details of your credit report and also potential credit breaches. The Credit Karma team appreciates that if you’re conscientious about credit, you can work on your finances and […]
What Is An EFT Payment?
Table Of Content What Is An EFT Payment? Electronic funds transfer (EFT) is a digital movement of money between individuals and banks. It is a digital transaction used in place of payment methods based on paper and a popular method of money transfer because it is simple and direct: Digital: The transfer of funds in […]
How to Open a PNC Bank Account
Table Of Content PNC Bank is a regional bank based in Pittsburgh that offers a diversified range of services, from checking and savings to short-term planning. PNC refers to their personal banking experience as a “Virtual Wallet.” Virtual Wallets are tiered, based on the amount of money you plan to keep in your account, and […]
What Happens to Inactive Bank Accounts?
Table Of Content Key Takeaways After opening an account, you may fail to initiate any transaction because of different reasons. If you do not initiate any transactions for twelve months, your account becomes inactive. An inactive account becomes dormant after two years. Most banks consider dormant accounts as abandoned accounts after remaining dormant for three […]
How To Find Bank Account Number? Step By Step Guide
Table Of Content What Is Your Bank Account Number? Bank account numbers can help identify a specific bank institution or bank account. Bank account numbers are unique numbers assigned to account holders once a consumer has a bank account. Bank account numbers are significant for both banks and account holders. Ultimately, it identifies which account […]
Sallie Mae Bank Review 2023
Sallie Mae Bank Learn More Sallie Mae Bank Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ While Sallie Mae is a familiar name in regards to private student loans, you may not be aware that this is an online bank featuring a variety of savings and personal banking products. […]
What Is A Voided Check? Guide And Examples
Table Of Content What Is A Voided Check? A voided check is a check with the word ‘VOID’ across it, showing that it should not be used for payment. The word ‘VOID’ is written in capital letters, so it is not mistaken for cash use. When you void a check, you prevent the check from […]
How to Open Capital One Bank Account
Table Of Content Opening a bank account is an excellent way of exploring different aspects of earning, saving, spending and planning for the future. The process of opening a Capital One account is simple. You can open an account online in about five minutes using your driver’s license, Social Security card or passport. Other than […]
How Long Does It Take To Open A Bank Account
Table Of Content Bank accounts are the core of your financial stability and independence. Setting up a bank account can be an intimidating process with all of the red tape banks put in front of you, but its much simpler than they make it out to be. Taking the time to open a bank account […]
BMO Harris Bank Review 2023: Varied Checking Options, High CD Rates
BMO Harris Bank Learn More BMO Harris Bank Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ BMO Harris Bank is a traditional retail bank that is suitable for clients looking for a financial institution offering a full suite of personal banking products. The bank is a good fit for […]
What To Do If Your Bank Closes Your Account
Table Of Content A bank account is a must-have to manage your day to day finances, but if you’ve been experiencing some financial difficulties or there have been other issues with your account, your bank may close your account. This is not only inconvenient, but it can be particularly daunting. So, here we’ll explore what […]
Why Would A Bank Close Your Account Without Warning
Table Of Content A bank account is essential for managing your day to day finances, so it can be very disconcerting if you find that your bank has closed your account. In many scenarios, banks are not required to give notice before closing an account. So, here we’ll explore why a bank could close your […]
Direct Deposit vs. Wire Transfer: How They Compare?
Table Of Content Is Direct Deposit a Wire Transfer? Direct deposit is an electronic deposit of funds into a bank account. It requires using an Automated Clearing House (ACH) network that allows the deposit to take place between different banks. The recipient’s accounts are automatically credited, so there is no waiting for the money to […]
Alliant Credit Union Review: Competitive Rates, Few Choices
Alliant Credit Union Learn More Alliant Credit Union Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ Alliant Credit Union is a Chicago based institution and it offers a variety of high-yield deposit accounts with minimal amount of fees. Its product line includes various products and services with competitive rates […]
What Is Second Chance Banking?
Table Of Content What Is a Second Chance Checking Account? If you’ve had some financial issues in the past, you may need to consider second-chance banking. A second chance checking account is essentially like a conventional checking account, but there are fewer features, more restrictions, and mandatory fees. However, these accounts provide an opportunity for […]
PenFED Credit Union 2023 Review: Is It Worth It?
PenFED Credit Union Learn More PenFED Credit Union Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ PenFED, or Pentagon Federal credit union, has been around since 1935. It was initially established as a credit union for military personnel, civilian government employees, and their families. Initially, membership was strictly limited […]
Where To Get A Cashier’s Check Without A Bank Account?
Table Of Content When you are making a bigger purchase, it is common for the company to request a cashier’s check instead of a personal check. While this is a common practice, not many people are aware of what a cashier’s check is and how to get it, especially if you don’t have a bank […]
How To Open Citi Bank Account
Table Of Content Every bank work different, please consider specifically Citi and not generally for any bank Citi is one of the most well established banks in the U.S today, with over 200 years of experience. With such a solid reputation, it is understandable if you’re considering a Citi bank account. But, how do you […]
How To Open Wells Fargo Bank Account
Table Of Content What Documents Do You Need? You can open a checking account at Wells Fargo either individually or jointly. You will need basic information and documents to complete the process. Here are the documents you need to open a savings or checking account at Wells Fargo: Driver’s license Social security card When opening […]
LendingClub Banking Review: Savings, Checking, and CDs
LendingClub Banking Learn More LendingClub Rewards Checking Fees Minimum Deposit Current Promotion APY Savings Learn More Overview Pros & Cons FAQ LendingClub originated as a peer to peer lending marketplace, matching borrowers with investors who would fund the loans. It was founded in 2007 and in its first 10 years of operating, LendingClub had almost […]
How To Send Money To Someone Without A Bank Account
Table Of Content Our article gives you the best ways to transfer money to someone without a bank account. Moreover, you can familiarize yourself with the steps to send money with online money transfer services, avoid scams, and other helpful information. 1. Money Transfer Service (Wire Transfer) Money transfer service is an easy way of […]
How To Open A Bank Account Online: Step By Step Guide
Table Of Content The world has dramatically changed. Now, the ease of applying online for a bank account has opened the door to options, better deposit rates, lower fees, and greater access to ATMs. The phenomenon of online banks, sometimes called virtual or branchless, has arisen, too, for those with no need ever to enter […]
How To Transfer Money From Cash App To Bank Account
Table Of Content Cash App is one of the leading fintech apps that allows you to quickly transfer funds and send and receive money between friends and contacts. But, when you have received money from your family members or friends, how do you access this cash via your bank account? Fortunately, how Cash App work […]
What Is a Bank Statement And How Do I Get One?
Table Of Content What Is a Bank Statement? If you’ve just opened your first bank account, you’ll start to receive a statement every month or quarter. Regardless of whether you have a checking or savings account, a bank statement provides a record of the account activity over a specified period. The statement is prepared by […]
How To Fill Out A Money Order In 5 Steps
Table Of Content What Information Is Needed for a Money Order? Money orders provide a secure method to send or receive funds, making a viable alternative to cash, credit cards, or checks. Although they are similar to how paper checks are structured, since money orders are prepaid, they can’t bounce or be rejected for insufficient […]
What Do You Need To Open A Bank Account?
Table Of Content (Photo by goodluz/Shutterstock) The reasons given for avoiding banks include not having enough money (to meet minimum deposit requirements), a lack of trust in banks, a desire to guarantee privacy, and long distances to the nearest branch. Despite their diminished reputation, banks offer advantages through access to an account that outweighs the […]
What Is A Routing Number And How To Find It?
Table Of Content (Photo by fizkes/Shutterstock) One of the most important pieces of information about your bank account is the routing number. Whenever you make a transaction from your account, you will likely be asked for the routing number to identify what the account is. Let’s get into what a routing number is, what it […]
What Is Cash App and How Does It Work?
Table Of Content Technology within the fintech space seems to be rapidly evolving with more and more services becoming readily available. A great example of this is peer to peer lending, with apps such as Cash App entering the marketplace. While all this new technology may seem daunting, Cash App has quickly become a go […]
How To Open A Joint Bank Account
Table Of Content (Photo by Ground Picture/Shutterstock) Whether you’ve just got married, moved in with someone or otherwise need to share finances, you may need to consider a joint bank account. For many people, the prospect of a joint bank account can seem daunting, but here we’ll explore the concept in more detail and how […]
Zelle Pay Daily And Monthly Limits On Top Banks
Table Of Content For most of us, it’s necessary to resort to cash to pay a friend part of a takeout bill or to cover a share of the groceries. Maybe you need to send money to a family member or friend or to pay the babysitter for their services? Handling these trivial amounts of […]
When Could Women Open A Bank Account?
Table Of Content (Photo by New Africa/Shutterstock) Did you know there was a time when only men could open and operate a bank account? Women’s economic rights, their properties, handling money, or even buying a shot of tequila in a pub have come a long way. The history of women and their right to money […]
How to Set Up Direct Deposit?
Table Of Content How Does Direct Deposit Work? A direct deposit—AKA “direct credit”—is money that is electronically put into an account belonging either to a person or company. The person or company receiving the payment is called the “payee”. The person or company that performs it is usually called the “payer”. Generally speaking, direct deposits […]
Traditional Banks vs Online Banks: Comparison
Table Of Content (Photo by TarikVision/Shutterstock) The banking industry is undergoing a significant transformation. The days of conducting all your banking at an actual bank branch are long gone. For a long time, customers only had one option for banking: traditional banking. Due to the rise of online banks, all you need to do your […]
How to Protect Your Bank Account From Fraud
Table Of Content Banking fraud is a criminal act where a criminal uses illegal methods to obtain money or other types of financial assets. Nowadays, there are dozens of different kinds of financial fraud. In fact, in 2021, the Federal Trade Commission, also known as FTC, received 2.8 million fraud reports. As the FTC official […]
What Is A Money Order, How Does It Work, Pros & Cons
Table Of Content What Is a Money Order? A money order is an alternative to personal checks and cash payments. Despite many similarities, money orders are distinct from personal checks since, unlike the latter, they can’t bounce due to insufficient funds. This is because all money orders are pre-paid. To get the money order, you […]
How Many Bank Accounts Should I Have?
Table Of Content (Photo by Sundry Chiara Sakuwa/Shutterstock) How Many Checking Accounts Can I Have? No laws or regulations in the United States limit how many checking accounts an individual can have. However, it is worth mentioning that some banks limit the maximum number of checking accounts an individual might have at the same financial […]
How to Set Up Chase Direct Deposit?
Table Of Content How Does Chase Direct Deposit work? Chase bank provides a simple and convenient way for clients who want to set up direct deposit. Here you can get a pre-filled direct deposit form. This saves much time in the process and like many other mobile banking features, it can be done online. To […]
10 Types of Bank Fees And How To Avoid Them?
Table Of Content (Photo by Sundry Worawee Meepian/Shutterstock) The primary purpose of this article is to look into the details of the 10 common bank fees. The secondary purpose of this article for its readers is to understand how they can limit these charges or avoid them altogether. The following analysis is based on general […]
What Is a Wire Transfer? How Does It Work?
Table Of Content What Is a Wire Transfer? The wire transfer represents a method of electronic transfer of funds from one bank account to another. Unlike ACH transfer, the wire transfer can be used to transfer banks within the US and internationally. As the Wells Fargo website explains, in the case of wire transfers, there […]
U.S. Bank Monthly Maintenance Fees: How to Avoid Them?
Table Of Content (Photo by Sundry Photography/Shutterstock) What Is a Monthly Service Fee? The monthly service fee is money clients must pay to maintain their bank accounts. The fee is usually deducted from your checking account by the end of each statement period. With some banks, you have to pay a fixed monthly service fee […]
Citizens Bank Review 2023: Good For Banking, Not For Savings
Citizens Bank Learn More On Citizens Bank Secure Website Citizens Bank Fees Minimum Deposit Current Promotion None APY Savings Learn More On Citizens Secure Website Overview Pros & Cons FAQ Citizens Bank is actually one of the oldest banks in America. It was founded in 1828 and has grown to the 15th largest banking institution […]
What Is Zelle And How Does It Work?
Table Of Content If you need to send money to someone, technology has moved far beyond writing out a check. There are a number of money transfer platforms, but one of the most frequently used is Zelle. So, here we’ll present a Zelle complete guide to help you decide if it is the right transfer […]
Can You Make ATM Cash Deposits to Your Bank Account?
Table Of Content (Photo by Billion Photos/Shutterstock) ATMs are a fantastic way to deposit cash. Depending on where you reside, you may be able to deposit your money at a bank’s ATM. Can You Deposit Cash at an ATM? You have cash in your hand and want to deposit it into your bank account; can […]
Pros and Cons of Online Banking: What You Should Know
Table Of Content What is Online Banking? Online banking is a new type of banking that allows users to contact their bank through the internet. In this system, the user can access their bank account online and perform transactions. Online banking is also considered internet banking because it uses the internet as its main channel […]
12 Ways to Get the Most Out of Your Bank Account
Many people consider bank accounts to be fairly standard. They are simply a place to put your paycheck and pay your bills. However, if this is how you view your bank account, you could be missing out. Here we’ll explore 12 ways to get the most out of your bank account. 1. Set Up Auto […]
Credit Unions Open (Almost) to Anyone: Check & Join
At first glance, a credit union appears to be the same as a bank, but there are some key differences which can impact whether it is the right choice for you. Credit unions are non profit financial institutions that are owned by their members. As a credit union member, you can access many of the […]
Nationwide Bank Review 2023: Fair Rates, Great Online Approach
Nationwide Banking services Learn More Nationwide Banking services Fees Minimum Deposit Current Promotion None APY Savings Learn More Overview Pros & Cons Nationwide Bank has been trading since 1998, but it has accumulated $7 billion in assets and $5 billion in deposits. Nationwide Bank has its headquarters in Columbus, Ohio but this bank has concentrated […]
PNC Bank Review 2023: What You Should Know?
PNC Bank Learn More PNC Bank Fees Minimum Deposit Current Promotion . Expired on APY Savings Learn More Overview Pros & Cons FAQ PNC Bank has an extensive history dating back to 1852. Over the last 170 years, this bank has grown to service over 9 million personal and small business customers and become the […]
U.S. Bank Review 2023: Is It Worth For Savings & Checking?
U.S. Bank Learn More U.S. Bank Fees Minimum Deposit Current Promotion Minimum deposit of needed. Expired on APY Savings Learn More Overview Pros & Cons FAQ U.S Bank is one of the largest commercial banks in the United States. It has been operating since 1863 and has over 2,900 locations across 25 states, with approximately […]
Quontic Bank Review 2023: Should You Consider It?
Quontic Bank Learn More Quontic Bank Fees Minimum Deposit Current Promotion None APY Savings Learn More Overview Pros & Cons FAQ Quontic Bank is an online bank with its headquarters in New York. The bank has been operating since 2009 and it operates in all 50 states for online customers. This bank provides access to […]
Wells Fargo Bank Review 2023
Wells Fargo Bank Learn More Wells Fargo Bank Fees Minimum Deposit Current Promotion Minimum deposit of [/sc] needed. Expired on APY Savings Learn More Overview Pros & Cons FAQ Wells Fargo has a long history of providing financial products and services. It was founded back in 1852 during the California gold rush. With its 170 […]
Marcus by Goldman Sachs Review: Great Rates But No Checking
Marcus Review Marcu by Goldman Sachs Learn More Marcus by Goldman Sachs Fees Minimum Deposit Minimum Deposit Marcus Savings Account APY Savings Open Account Marcus has just one online savings account, but it is a high yield account that has some nice features that make it a viable option for many savers. These include: High […]
Best Bank Bonuses and Promotions of June 2023
Account Type Promotion Min Deposit Expiration Axos Rewards Checking $100 $50 3/31/2023 Citi Personal Checkin $200 – $2,000 $10,000 – $300,000 04/04/2023 Citi Savings Account $100 – $5,000 $10,000 – $1,000,000+ 04/03/2023 Chase Total Checking® $200 $0 3/31/2023 Chase Secure Banking℠ $100 $0 3/31/2023 Discover Online Savings $150 – $200 $15,000 / $25,000 03/15/2023 SoFi […]
Compare Top Banking Accounts Side by Side
Advertiser Disclosure This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card […]
Wells Fargo vs US Bank: Which Bank Account Is Better?
Table Of Content When Wells Fargo Bank Wins? Wells Fargo has an extensive product line that includes checking accounts, savings accounts, loans, mortgages, and investments including 401ks, IRAs, and wealth management options. Wells Fargo can be a better choice than US Bank if: You are interested in larger personal loans You’re confident you can meet […]
Wells Fargo vs PNC: Which Bank Account Wins?
Table Of Content When Wells Fargo Bank Wins? The Wells Fargo line is even more comprehensive. You can access a choice of checking accounts, various savings accounts, mortgages, loans, and investment options including IRAs, 401ks, and wealth management solutions. Wells Fargo can be a better choice than PNC Bank if: You’re interested in low deposit […]
Wells Fargo vs Flagstar: Which Bank Is Better For You?
Table Of Content When Wells Fargo Bank Wins? Wells Fargo has an impressive selection of banking products. You’ll find a few different checking accounts, savings accounts, loans, mortgages, wealth management solutions and investment options including 401ks and IRAs. Wells Fargo can be a better choice than Flagstar Bank if: You’re interested in low deposit mortgages […]
Citi vs Wells Fargo: Which Bank Account Is Better?
Table Of Content When Citi Bank Wins? Both banks have a decent choice of banking products that make it easier to switch from your current bank. In addition to checking and savings accounts, Citi offers CDs, personal loans, mortgages, IRAs, investment options, wealth management plans and a variety of credit card options. Citibank can be […]
Citi vs Capital One: Which Bank is Best For You?
Table Of Content When Citi Bank Wins? Citi has an impressive banking product line that includes checking and saving accounts, CDs, credit card options, mortgages, personal loans, wealth management plans, IRAs, and investment options. Citibank can be a better choice than Capital One Bank if: You can easily meet the fee waiver criteria You need […]
Citi vs Barclays: Which Bank Account Is Better?
Table Of Content When Citi Bank Wins? Citi has a superb line of banking products that have you covered for most aspects of your finances. In addition to savings and checking accounts, there are personal loans, mortgages, credit cards, investment options, IRAs, and wealth management plans Citibank can be a better choice than Barclays Bank […]
Bank of America vs Wells Fargo: Which Bank Is Better?
Table Of Content When Bank of America Wins? Bank of America has an impressive choice of banking products. You’ll find checking and saving accounts, auto loans, home loans, various credit cards and investment options. Bank of America can be a better choice than Wells Fargo if: You want better CD rates You want access to […]
Bank of America vs US Bank: Which is Best For You?
Table Of Content When Bank of America Wins? Bank of America has a comprehensive line of banking products. There are a variety of credit cards, different checking and savings accounts, home loans, investments, and auto loans. Bank of America can be a better choice than US Bank if: You want a massive choice of credit […]
Bank of America vs Citi: Which Bank Suits You Best?
Table Of Content When Bank of America Wins? Bank of America is a large banking institution and this is reflected in its impressive banking product line. In addition to a variety of savings and checking accounts, there are home loans, auto loans, investment options, and a selection of credit cards Bank of America can be […]
Bank of America vs Chase: Where to Save Your Money?
Table Of Content When Bank of America Wins? As expected from a large banking institution, Bank of America does have an impressive line of banking products. In addition to various checking and saving accounts, you’ll find auto loans, home loans, a selection of credit cards, and investment options. This makes it easier to switch over […]
Bank of America vs Capital One: Which Bank Wins?
Table Of Content When Bank of America Wins? As you would expect from a large banking institution, Bank of America has an impressive product line. There are different checking and saving accounts, multiple credit card options, auto loans, home loans, and investments. This makes it quite simple to switch from your existing bank. Bank of […]
Ally vs Wells Fargo: Which Bank Account Is Better For You?
Table Of Content When Ally Bank Wins? Both Ally and Wells Fargo have a fairly impressive banking product line that would make it simple to switch from a conventional high street bank. In addition to checking and savings, Ally offers CDs, auto loans, mortgages, investments, and retirement products. The only glaring gap in the line […]
Ally vs Marcus: Which Online Bank Is Better?
Table Of Content When Ally Bank Wins? Ally has a banking product line that rivals conventional, high street banks. This comprehensive variety of products includes a checking account, savings account, CDs, mortgages, auto loans, personal loans, retirement products, and investments. Ally Bank can be a better choice than Marcus if: You want a savings account […]
Ally vs Capital One: Compare Banking Options
Table Of Content When Ally Bank Wins? Ally has a decent banking product lineup that would make it freasonablyeasy to switch from a conventional high street bank. The products include checking, savings, CDs, auto loans, personal loans, mortgages, investment options via Ally Invest, and retirement products. The only noticeable gap in the Ally line is […]
Ally vs Chime: Which Banking Account Wins?
Table Of Content While they have some products in common, Ally and Chime have a different banking product line, but does this mean one is a better bank? We’ll need to look a little closer to make that determination. When Ally Bank Wins? Ally has quite a comprehensive banking product line that could easily rival […]
SoFi vs Varo: Which Account Is Better For Your Money?
Table Of Content When SoFi Money Wins? SoFi has developed its banking product line since its initial launch. Today, you can access mortgages, loans, and investment products in addition to its hybrid checking and savings account. SoFi even offers insurance products. The only obvious gap in the product line is no CDs or conventional savings […]
SoFi Bank vs Discover: Which Online Banking Suits You Best?
Table Of Content When SoFi Money Wins? SoFi has developed a decent banking product line since it first started trading. In addition to its hybrid savings and checking account, there are mortgages, loans, and investment products. The only thing lacking from the product line is a conventional savings account and CDs. SoFi Money can be […]
SoFi vs Chime: Which Online Banking Wins?
Table Of Content When SoFi Bank Wins? SoFi has developed a decent banking product line since it first started trading. In addition to its hybrid savings and checking account, there are mortgages, loans, and investment products. The only thing lacking from the product line is a conventional savings account and CDs. SoFi Money can be […]
SoFi Money vs Bank of America: Which Is Better For Your Needs?
Table Of Content When SoFi Money Wins? SoFi’s banking product line has developed a great deal over recent years. In addition to its hybrid checking and savings account, you can access mortgages, loans, and investment products, there is even a selection of SoFi insurance products. The only thing lacking from SoFi’s line is a conventional […]
SoFi vs Ally Bank: Compare Banking Options
Table Of Content When SoFi Bank Wins? The SoFi product line has come a long way since this bank first launched. You can now access investment products via SoFi Invest, mortgages, loans along with its hybrid checking & savings account. SoFi even has insurance products. The only thing this bank is lacking is CDs and […]
Marcus vs Synchrony Bank: Where to Save Your Money?
Table Of Content When Marcus Wins? On the other hand, Marcus is part of the Goldman Sachs group and this is reflected in its products. The bank offers high yield savings products including CDs, and a savings account. You can also access personal loans, home improvement loans and debt consolidation loans. Where Marcus stands apart […]
Marcus vs SoFi Money: Which Banking Service Is Better?
Table Of Content When Marcus Wins? Marcus is part of the Goldman Sachs group, which is reflected in its line of banking products. Marcus offers high yield savings and CDs, investment options, and a variety of loans. However, this does not include a checking account. So, the aim of the bank is obviously for newbie […]
Marcus vs Ally Bank: Where to Save Your Money?
Table Of Content When Marcus Wins? As part of the Goldman Sachs Group, Marcus has a product line that reflects its investment pedigree. The bank offers high yield savings, CDs, investment options, and various loans. However, the bank does not offer a checking account. So, if you are looking for an alternative to your high […]
CIT Bank vs Marcus: Compare Banking Options
Table Of Content When CIT Bank Wins? CIT Bank has a variety of banking products including multiple savings accounts, CDs, and an eChecking account. You can also access home loans and mortgages. However, there are some glaring gaps in the CIT product line. Currently, CIT Bank does not offer a personal loan or credit card. […]
CIT Bank vs Discover: Which Bank Account Wins?
Table Of Content When CIT Bank Wins? CIT Bank has a decent choice of banking products. In addition to its eChecking account, there are multiple savings accounts, home loans, mortgages, and CDs. The only real gaps in the CIT Bank line is a lack of a credit card or personal loans. CIT Bank can be […]
CIT Bank vs Citi: Which Bank Account Suits You Best?
Table Of Content When CIT Bank Wins? CIT Bank has a banking product line that rivals high street banks. There are several saving account options, CDs, an eChecking account, home loans, and mortgages. The main gaps in this line up are a lack of personal loans and a credit card option. CIT Bank can be […]
CIT Bank vs Capital One: Which Bank Account Is Better?
Table Of Content When CIT Bank Wins? CIT Bank offers a variety of banking products. You can access an eChecking account, multiple savings accounts, CDs, home loans, and mortgages. However, there are some obvious gaps in this product line. Currently, you cannot obtain a credit card or personal loan through CIT Bank. CIT Bank can […]
CIT Bank vs American Express: Which Bank Account Is Better For You?
Table Of Content When CIT Bank Wins? CIT Bank is in line with a conventional high street bank as it has multiple savings accounts, an eChecking account, CDs, mortgages, and home loans. The only obvious gaps in the product line are a lack of a credit card option or personal loans. CIT Bank can be […]
Chase vs Wells Fargo: Where to Save Your Money?
Table Of Content When Chase Bank Wins? Both Chase and Wells Fargo offer a fairly comprehensive product line that rivals a conventional high street bank. In addition to savings and checking, Chase allows access to home loans, home equity options, and auto loans, along with an impressive variety of credit card options. Chase can be […]
Chase vs TD Bank: Which Bank Suits You Best?
Table Of Content When Chase Bank Wins? Chase has a good selection of banking products including savings accounts, checking, home loans, home equity options, auto loans, and a vast choice of credit card options. Chase can be a better choice than TD Bank if: You want to invest less than $250 in a CD You […]
Chase vs PNC Bank: Which Bank Account Is Better?
Table Of Content When Chase Bank Wins? Chase has a fairly comprehensive banking product line to compete with conventional high street banks. There are savings and checking accounts, home loans, auto loans, home equity options, and an impressive choice of credit card options. Chase can be a better choice than PNC bank if: You want […]
Chase vs Citi: Which Bank Account Wins?
Table Of Content When Chase Bank Wins? Chase has an impressive banking product line that can rival those of a conventional high street bank. Not only can you access checking and savings accounts, but also home loans, home equity loans, auto loans, and various credit card options. Chase bank can be a better choice than […]
Chase vs Capital One: Compare Banking Options
Table Of Content When Chase Bank Wins? Both Chase and Capital One have a banking product line that rivals conventional high street banks. In addition to its checking and savings accounts, Chase offers home loans, auto loans, home equity loans, and a variety of credit card options. Chase can be a better choice than Capital […]
Capital One vs Wells Fargo: Which Bank Wins?
Table Of Content When Capital One Bank Wins? Capital One began as a credit card company, but has developed its line of banking products to create a product line to rival a traditional bank. In addition to checking and saving accounts, you can access loan refinancing, auto finance, and kids’ accounts. Capital One can be […]
Capital One vs Credit One: Which Bank Account Is Better?
Table Of Content When Capital One Bank Wins? Capital One established its reputation as a credit card company, but in recent years, it has established a decent banking product line that rivals a traditional bank. While there are checking and savings accounts, Capital One also offers loan refinancing, kids’ accounts, and auto finance. Capital One […]
Aspiration vs Chime: Which Banking Service Wins in 2023?
Table Of Content Aspiration provides a number of accounts, with a focus on rewarding customers with cash back for purchases made from ethical businesses. Aspiration is not a federally insured or chartered bank. It’s a brokerage that offers a cash management account similar to the one offered by Charles Schwab Investments. And, like Charles Schwab, […]
Aspiration vs Bank of America: Which Bank Account Is Better?
Table Of Content Bank of America provides banking services and free ATMs almost everywhere in the United States. Their savings rates and account fees are comparable to those of other banks. Bank of American is a nationwide network that provides all-in-one banking services such as deposits, loans, and credit cards. There are also higher daily […]
Discover vs Citi : Which Bank Is Better in 2023?
Table Of Content When Discover Bank Wins? Discover Bank is both a full-service online bank and a payment services provider. Individuals can use Discover for banking and retirement planning. Discover is best known for its rewards credit cards, but it also offers personal, student, and home equity loans. Because Discover is a strictly online bank, […]
Discover vs Chase Bank: Where to Save Your Money?
Table Of Content Discover Bank is a full-service online bank as well as a provider of payment services. Discover can be used for banking and retirement planning by individuals. Discover is best known for its credit cards with rewards, but it also provides personal, student, and home equity loans. It offers FDIC-insured checking accounts, savings […]
Discover vs Capital One: Full Banking Comparison (2023)
Table Of Content Discover Bank is both a full-service online bank and a payment services provider. Individuals can use Discover for banking and retirement planning. Discover is best known for its rewards credit cards, but it also offers personal, student, and home equity loans. It provides a checking account, savings accounts, money market accounts, CDs, […]
Discover vs Bank of America: Which is Better For You?
Table Of Content Because Discover is an online bank, there are no local branches where customers can visit for banking needs. Discover is best known for its rewards credit cards, but it also offers personal, student, and home equity loans. Discover makes use of a mobile app that is available for both iOS and Android devices. […]
Discover vs Axos: Which Bank Is Better in 2023?
Table Of Content Axos Bank was previously known as Bank of Internet USA before being rebranded as Axos in 2018. Axos Bank operates entirely online and uses its branchless banking model to offer some of the best savings rates to its customers. It positions itself as a bank that will remain focused on its clients and […]
Discover vs Ally Bank: Full Banking Comparison (2023)
Table Of Content Because Discover is a strictly online bank, there are no local branches where customers can visit for banking needs. Customers can reach Discover through customer service, which is available 24 hours a day, seven days a week. You can access your account in a variety of ways. All accounts can be accessed […]
Chime vs Varo Comparison: Which Online Bank Wins in 2023?
Table Of Content Chime, while not a banking service, does provide FDIC insurance on all accounts. Chime provides smart account solutions for people who want to manage their money online or over the phone. You won’t find the same variety of account types at Chime as you would at your local bank or credit union, […]
Chime vs Marcus: Which Online Bank Wins in 2023?
Table Of Content Marcus, a division of Goldman Sachs Bank, offers online savings accounts, CDs, and personal loans. Marcus does not have physical locations, so you must access your accounts via the Marcus website, mobile app, and phone-based customer service. Marcus, on the other hand, made Goldman Sachs banking more accessible to the general public […]
Chime vs Current – Which Banking Service Is Better in 2023?
Table Of Content Current is an online-only banking service that can be accessed through a mobile app. Savings Pods to set money aside for goals, fast direct deposits, and special parent and teen accounts are some of the unique features offered by this financial institution that typical online competitors do not. There are some important […]
Axos vs Varo: Compare Banking Products (2023)
Table Of Content Axos is a well-established online-only banking service. It has been in business since 2000 and is constantly expanding its services for both individuals and businesses. The bank is a subsidiary of Axos Financial and is headquartered in San Diego, California. Despite the fact that the bank has three locations, the vast majority […]
Axos vs Marcus: Which Online Bank is Better in 2023?
Table Of Content Marcus by Goldman Sachs Bank provides online savings accounts, CDs, and personal loans. Marcus has no physical locations, so you’ll have to access your accounts through the Marcus website, mobile app, and phone-based customer service. Marcus, on the other hand, debuted in 2016, making Goldman Sachs banking more accessible to the general […]
Axos vs Chime: Which Online Bank Is Better in 2023?
Table Of Content Axos Bank, formerly known as Bank of Internet, United States of America, was established in 2000 as a digital bank. It provides a wide range of financial services, such as checking and savings accounts, personal loans, and more. Axos Bank is an online lender that provides home improvement loans as well as […]
Axos Vs Ally Bank Comparison – Which Is Better in 2023?
Table Of Content Ally Bank is an online bank that grew out of General Motors Acceptance Corporation’s banking division. GMAC used to be an auto financing company, but it was acquired by Ally Bank. This bank now provides a diverse range of products. Credit cards, home loans, investing products, savings accounts including certificates of deposit […]
Aspiration vs Ally Bank: Where to Put Your Money in 2023?
Table Of Content Aspiration presented their company in a very different way than their bank competitors. They are technically an SEC-registered financial broker-dealer that has partnered with a bank to provide banking products and services. To begin, they describe themselves as a green company, implying that they care about the environment and the American way […]
American Express vs CitiBank: Where to Keep Your Money in 2023?
Table Of Content Citibank is a global financial services company with over 100 million customers in 98 countries. If you’re looking for a dependable financial service where you can open a checking and savings account with no minimum deposit, Citibank is a great option. Because there are over 60,000 ATMs available for you to use […]
American Express vs Chase Bank: Which Is Best For Me?
Table Of Content Chase Bank may have a modern, trendy image, but it is one of the United States’ oldest banks. Chase Bank is the consumer division of JP Morgan Chase, one of the largest banks in the United States. Even though its interest rates aren’t particularly competitive compared to online banks and credit unions, […]
American Express vs Capital One: Which Bank Is Better For You?
Table Of Content Capital One is a premium online banking service that provides valuable applications to anyone looking for convenient, dependable service and physical locations. With trustworthy and dependable service, Capitol One 360 has no hidden fees or minimums, allowing you to continue earning interest on your daily money. There are over 38,000 fee-free ATMs […]
Discover Bank Vs American Express: Full Comparison (2023)
Table Of Content Discover is a strictly online bank, and there are no local branches where customers can visit for banking needs. Customers can reach Discovery through customer service, which is available 24 hours a day, seven days a week. You can access your account in a variety of ways. All accounts can be accessed […]
Current Banking Review: Great Banking App For Beginners
Current Banking Learn More Current Banking Fees Minimum Deposit $0 Current Promotion None APY Savings Learn More Overview Pros & Cons Current banking is an online-only service you can access using its mobile app. This financial institution offers some unique features that typical online competitors don’t, including Savings Pods to put money aside for goals, […]
Axos Bank Review: Competitive Rates, Great Experience
Axos Bank Learn More On Axos Website Axos Bank Fees Minimum Deposit Current Promotion APY Savings . Low Monthly Fees Axos checking and savings accounts attract no monthly fees. In fact, only the Golden Checking and CashBack accounts have an overdraft or nonsufficient fund fees. This makes Axos an inexpensive banking option for most users. […]
SoFi Bank Savings And Checking Review: 2023 Review
SoFi Bank Learn More SoFi Bank Fees Minimum Deposit Current Promotion New customers should deposit to get the promotion. Expired on APY Savings Learn More Overview Pros & Cons FAQ Founded in 2011, SoFi is a San Francisco-based non-bank financial service provider popular for student loan refinances. In 2019, SoFi introduced SoFi Money, an online […]
M1 Finance Review 2023 – Long Term Investing With Banking Features
M1 Review M1 Finance is a trading platform that offers investors greater control over their investments and high level of customization. With over 500,000 clients and over $2 billion assets under management, M1 Finance has become the go-to brokerage account for sophisticated investors looking for complete control of their investments. M1 Invest If you want […]
CIT Bank Review 2023 – Competitive Savings Rates, Poor Credit Options
CIT Bank Learn More On CIT Bank Website CIT Bank Fees Minimum Deposit Current Promotion APY Savings APY, , and this is one of the highest savings account rates. Since it’s an online bank, the low cost of operations helps the bank stay competitive and offer better rates for its customers. This is still a […]
Best Online Banks of June 2023
Bank/institution APY Savings Monthly Fee Promotion CIT Bank 4.85% $0 None Axos Bank Up to 0.61% $0 $100 Use Promo Code “RC100” for a $100 bonus when you apply for a Rewards Checking account Chime Banking 2.00% $0 None Discover Bank 3.75% $0 $150 / $200 Minimum deposit required: $15,000 or $25,000 within 30 days. […]
How To Read (and Understand) Your Bank Statement
Table Of Content If you’re new to banking, you may be wondering how to clearly understand each detail mentioned on your bank statement, whether you get it in the mail or online. It is important that you learn how to understand your bank statement – like any other financial aspect, knowledge is power and can […]
Comerica Bank Review 2023: Great Product Pine, Low Rates
Comerica Bank Learn More Comerica Bank Fees Minimum Deposit Checking Account Initial Deposit Certificate Of Deposits (CDs) Initial Deposit Low Interest Deposit Rates This is the bane of physical banks: the high overhead restricts them from giving higher interests. As such, Comerica’s deposit rates are way below the national average rates. If the money you […]
Discover Bank Review 2023: Competitive Rates, Decent Service
Discover Bank Learn More Discover Bank Fees Minimum Deposit Get 1% of spending. Monthly debit Purchases of needed to get the maximum. APY Savings Minimum deposit of needed. Expired on Fees Discover Savings Account APY Savings Minimum deposit of needed. Expired on Fees Open Account Discover Banking also offers competitive offers for their savings accounts. […]
Chime Banking Review 2023 – Great Way to Start Your Financial Journey
Chime Banking Learn More On Chime Website Chime Banking Fees Minimum Deposit Promotion None Fees Chime Savings Account APY Savings Promotion None Fees Open Account Chime also offers a savings account feature that provides a high annual percentage yield of Learn More Chime Checking Account Fees Minimum Deposit Minimum Deposit No Certificate Of Deposits (CDs) […]
Bank of America Review 2023 – Great Banking Experience, Low Rates
Bank of America Learn More On Bank of America Secure Website Bank of America Fees Minimum Deposit Current Promotion is required. Promotion expired on APY Savings Bank of America Savings APY Savings Learn More Bank of America’s Rewards Savings account offers a Keep the Change program that helps you automate your savings by rounding up […]
American Express National Bank Review – Is It The Right Choice?
American Express National Bank Learn More On Amex Website American Express National Bank Fees Minimum Deposit Current Promotion None APY Savings American Express Savings Account APY Savings Open Account The High Yield Savings Accounts offered through American Express National Bank include competitive interest rates, no minimum balance, or monthly fees. This is easy-to-access savings account […]
Ally Bank Review 2023 – Online Only Banking With Good Savings Rates
Ally Bank Learn More On Ally Website Ally Bank Fees Minimum Deposit Ally Savings Account APY Savings Open Account The Ally Bank online savings account offer many benefits for busy adult. Ally Bank offers a high-yield, competitive savings account that is competitive with other online banking services. The APY is not the highest, but it […]
Chase Bank Review 2023 – Great Products, Low Rates
Chase Bank Learn More On Chase Secure Website Chase Bank Fees Minimum Deposit (Chase Total Checking) Expired on APY Savings Promotion None Fees Chase Savings Account APY Savings Promotion None Fees Open Account Chase’s most well-known savings account is the Chase Premier Savings account. This account earns below the national average APY, on a sliding […]
Barclays Bank Review 2023 – Great For Building Your Long Term Savings
Barclays Bank Learn More On Barclays Secure Website Barclays Bank Fees Minimum Deposit Learn More Barclays Savings APY Savings Barclays Savings APY Savings Open Account Barclays offers high-interest rates that apply to all of its products that provide a great advantage compared to other competitive online banks. Barclays offers two different savings account options. The […]
Citibank Review 2023 – Smart Banking Tools, Not For Beginners
Citibank Learn More On Citibank Secure Website Citibank Fees Minimum Deposit Minimum deposit of needed. Expired on APY Savings Minimum deposit of needed. Expired on Fees Citibank Savings Account APY Savings Minimum deposit of needed. Expired on Fees Open Account Citibank offers a savings account that is part of their banking package. Their savings account […]
Capital One 360 Review 2023 – Excellent Choice For Online Banking
Capital One Bank Learn More On Capital One Secure Website Capital One Bank Fees Minimum Deposit Current Promotion None APY Savings Minimum Deposit Promotion None Fees Capital One Savings Account APY Savings Minimum Deposit Promotion None Fees Open Account The Capital One 360 savings account offers a comprehensive package that provides no monthly fees, so […]
MidFirst Bank Review 2023:
MidFirst Bank Learn More MidFirst Bank Fees Minimum Deposit Current Promotion None APY Savings Checking Account Min Deposit APY Open Account Initial Deposit APY Open Account Yes, there’s a lot of checking accounts to choose from. However, take a look at the starter account Go! Checking. It has a low opening deposit and it’s free. […]
Arvest Bank Review 2023: Traditional Bank With a Twist
Arvest Bank Learn More Arvest Bank Fees Minimum Deposit Current Promotion None APY Savings Learn More Overview Pros & Cons The Arvest Bank story all started in 1961 with the Bank of Bentonville in Arkansas. Back then, it boasted of some $3.5 million in deposits. From 1963 through 2018, the little bank grew by acquiring […]
Hedge Yourself: 4 Foreign Currencies Alternative to the US Dollar
Table Of Content There was a time not too long ago that the US Dollar was looked at as one of the most stable currencies in the world. In fact, foreign investors would flock to the US Dollar during times of instability in their own regions to have some semblance of safety. Sadly, those days […]
What Is An ACH Transfer And How Does It Work?
Table Of Content An ACH (Automated Clearing House) transfer is one of the most common and popular to receive or send money online as securely as possible. Keep reading to learn everything about ACH Transfers. Key Takeaways An Automated Clearing House Transfer, also known more simply as an ACH transfer, represents a bank-to-bank electronic money […]
How To Cash A Check Without A Bank Account?
Table Of Content Key Takeaways There are many services offer you to cash a check without a bank account such as traditional check cashing services, retailers stores such as Walmart, pharmacy and more. The exact amount of the fee, check-cashing service providers charge might vary. For example, Walmart ranges from $4 to $8, while some […]
Live Oak Bank Review 2023 – Online Savings, CDs & Small Business Loans
Live Oak Bank Learn More Live Oak Bank Fees Minimum Deposit $0 Current Promotion None APY Savings Learn More Overview Pros & Cons Live Oak is one of the country’s popular banks, having begun in Wilmington, North Carolina, in 2008 – which remains its only physical branch to date. Today, they are a nationwide bank […]
Banner Bank Review 2023 : Savings & Checking Account, CDs and MMAs
Banner Bank Learn More Banner Bank Fees Minimum Deposit Checking Account Initial Deposit APY Certificate Of Deposits (CDs) Initial Deposit Low Interest Deposit Rates When your purpose of putting money in your account is to get a good return, don’t expect Banner Bank to be your genie in this department. The rates, as they describe, […]
Varo Bank Review 2023: Should You Consider It?
Varo Banking Learn More Varo Banking Fees Minimum Deposit when you open a new SoFi Checking and Savings account. Customer Experience Their competitive advantages rest heavily on their Varo mobile app, where you can do nearly all your banking transactions. Varo has a website help center with an extensive FAQ section. There is also a […]
Flagstar Bank Review 2023: Full Brick And Mortar Banking Options
Flagstar Bank Learn More Flagstar Bank Fees Minimum Deposit Initial Deposit APY, and you can get APY on Barclays savings account, as of . The High Yield Savings account won’t be your best bet if you are after the best savings interest rate. However, the monthly maintenance fee is eliminated if you hold a personal […]
TD Bank Review 2023: Savings & Checking Account, CDs and MMAs
TD Bank Learn More TD Bank Fees Minimum Deposit Current Promotion . Expired on APY Savings Learn More Overview Pros & Cons FAQ TD Bank provides a wide range of services and products. Aside from checking and savings accounts, you can also get home equity loans, mortgages, personal loans, investments, and credit cards. In terms […]
Western Union vs. MoneyGram: Which Is Better for Wire Transfers?
Table Of Content You always want to pick the more economical option when you are sending money to friends or family through a wire transfer. Moneygram and Western Union are the two most important money transfer services globally, and they offer several methods to transfer funds. However, which one do most people consider the better […]
Aspiration Review 2023– Savings Account, Redwood Fund & IRA
Aspiration Bank Learn More Aspiration Bank Fees Minimum Deposit Current Promotion None APY Savings Learn More Overview Pros & Cons Aspiration offers a variety of accounts, with a focus on rewarding customers with cash back when they make purchases from ethical businesses. Aspiration is not a bank that is federally insured or chartered. Aspiration also […]
Associated Bank Review 2023: Savings & Checking Account, CDs and MMAs
Associated Bank Learn More Associated Bank Fees Minimum Deposit No Interest In Checking Accounts Although the bank has several checking accounts on its roster, they do not pay out any interest, while there are many checking accounts with high APY. Only 3 states The downsides about a regional bank like this are not about size […]
TIAA Bank Review 2023– Benefits For High Deposits
TIAA Bank Learn More TIAA Bank Fees Minimum Deposit , while the CIT bank savings connect offers APY. Checking Account Initial Deposit
Synchrony Bank Review 2023: Competitive Rates, Limited Products
Synchrony Bank Learn More Synchrony Bank Fees Minimum Deposit Current Promotion None APY Savings Learn More Overview Pros & Cons FAQ Synchrony Bank boasts of being a member of Synchrony Financial, a Fortune 500 company with more than 80 years of experience in consumer finance. The bank has positioned itself as a pure online bank […]
How to Prepare for an Inflationary Recession?
Table Of Content Although the pandemic and associated quarantine measures are beginning to ease, businesses must still prepare for the possibility of high inflation on the horizon. Inflation has been on the rise since 2020, after a long period of decline. The annual inflation rate in the US accelerated to 8.3% in August of 2022, […]
Stocks Vs Bonds: Which Investment Is Better For You?
Table Of Content Probably the most common question that financial advisors get from their clients is: “Should I invest my money in stocks or bonds?”. For the majority of investors, the appropriate answer is seemingly a mix of stocks and bonds – but that is not always applicable for all. An investor has to first […]
How to Teach Your Kids About Finance & Investing
Table Of Content Because there is a vacuum of state-mandated personal finance programs for these students, the burden of teaching financial literacy to children now falls primarily to parents. And there’s no shortcut to it so mom and dad should prepare themselves for the long haul. You can never start too early to teach kids […]
Emotional Spending – What is it Triggers, How to Control
Table Of Content All of us can struggle when it comes to making good money choices, even those of us who have high levels of education or naturally financially savvy. Our natural instincts come into play during these decision times. Regardless of the transaction, whether you want to save for a pension, where to invest […]
10 Ways The FED Hike Interest Can Affect You
Table Of Content Due to the rising inflation, the FED has to find ways to cool the market. One of the best tools it currently has is the interest rate – by the interest rate increase. As of , the FED rate is . In the following table, we can see the drastic increase during […]
Credit Unions vs. Banks: Which Is Better For You?
Table Of Content Unlike banks, credit unions are non-profit financial institutions with authority to do the financial transactions that most banks do. You can open a standard savings and checking account, a certificate of deposit, and a money market account. If you need a loan, you can secure a mortgage, home equity loan, personal loan, […]
Credit Union 101: Should You Consider To Join?
Table Of Content What Is A Credit Union? A credit union is a type of financial institution that operates as a cooperative, meaning it is owned and controlled by its members, who are also its customers. Members pool their savings to create a source of funds that can be used to offer loans to other […]
How To Pick Up The Best Mutual Fund
Table Of Content Maybe, after months of research and so many questions, you’ve finally decided to put your hard-earned money into a mutual fund. Well, you may find this as a shock but you’ve just passed the easy stage – the harder part is yet to come. Now you have to choose the best mutual […]
The Pros And Cons of Investing in Physical Gold
Ever noticed how gold is back in the limelight again – especially physical gold? So, whether you’re into gold coins, or investing in a gold account and receiving a record of numbered gold bars in your name, read on. It is important that you recognize the challenges that can come when investing in physical gold […]
The Best Ways To Buy Physical Gold
Table Of Content Contrary to what you might have heard or imagined, buying physical gold is not that complicated. In fact, you should seriously consider gold and other precious metals to be part of your investment portfolio so you should try to purchase physical gold at least once. Yes, you should arm yourself with knowledge […]
Money Market Accounts As An Investment – How It Works, Pros And Cons
Money market account are offered by banks and credit unions and are very similar to deposits and savings accounts. However, they provide investors with higher interest rates, therefore you can generate higher yields.This article will show you how these accounts work, what their pros and cons are, how to manage them as well as some other important things to know. Let’s get straight to business.
8 Top Financial Ratios Every Investor Should Know
Here we are not talking about math, we are talking about practical tools that will help you understand the broader picture. Moreover, they will help you make sense of the information that comes with investing as well as make informed and justified choices. Consequently, this will improve your performance and results. This article will be dealing with the main investment ratios, and it will provide the most useful information about them.
Closed Vs. Open-End Funds: Similarities & Differences
Investors who want to put their money in a pooled investment fund will find that the list of options is quite long. There’s regional against global, active against passive, bonds against equities, established manager against start-up, and so on. But investors often overlook one choice: open-end versus closed-end funds […]
10 Most Common Types of Bonds – Which Of Them Is Best For You?
Many investors tend to forget that the bond market offers such a wide range of possibilities that it would be a shame not to include this asset type in their portfolio. However, an investor should know the different types of bonds in detail in order to make successful moves […]
What Are Robo-Advisors And Should You Consider It?
Robo-advisors are a kind of financial advisers that provide online financial advice or portfolio with minimal human intervention. They became popular when people began searching for inexpensive but convenient automated opportunities. Within minutes, robo-advisors can help you set up a diverse but customized portfolio right in the comfort of your desk […]
Index Funds Basics – How It Works,Types And Benefits
Investing in index funds could be a good idea for any investor. Before you take on this adventure, it’s good to know what an index is so that you can understand index funds and how they work, what their benefits and drawbacks are. In this article, you will find out more about this investment opportunity […]
The Pros And Cons Of Municipal Bonds
Municipal bonds bear either fixed or variable interest. The payment schedule will depend on the terms of the bond. The issuing government unit receives money from investors as payment for the bonds. In return, the issuer promises to pay the bondholder the stated interest on the bonds. Interest is paid over an agreed period that could run from a few months to a few years […]
How To Invest In Index Funds: The Best Tips
Index funds are simply mutual funds that track the returns of a market index. An index is a compilation of securities that represents a specific fragment of the market. The examples are stock market, bond market, funds market and others. As an advantage, an index mutual fund provides a wider market exposure, low operating costs and a minimal portfolio turnover […]
Understand The Pros And Cons Of 401k Retirement Plan
401k retirement plan, have you heard about it? If you haven’t, then you need to be quite attentive on this one. This retirement plan has been around since 1978. It has grown to be the most popular retirement plans. If you look at statistics, one thing is clearly evident, millions of people have benefitted from this plan.
Mutual Fund Fees and Charges – Beginner’s Guide
According to the SEC, there are two main groups of fees and expenses. The first group’s name is “Shareholder Fees” and include all charges imposed on buying, selling or exchanging mutual funds. They could be front- and back-end sales loads, redemption fees and others. The second main group identified by the “Operating Costs”, which stem from the management of your account.
How to Invest in Commodities? Full Guide For Investors
As a private investor, your commodities portfolio can be very useful in the long term. It is a good diversifier, inflation protection and a great stake on specific industries or regions. However, you should know whether or not your investments are being exposed to the underlying commodity. You should also look at the profile of the rest of your portfolio.
How to Invest in Gold in 2023 – Full Guide
For over a millennia, gold has remained to be a substance of value. Proving that indeed it is a precious metal. There is so much that we can talk about gold. Nowadays, the bullion dealers have sold coins, bars, and the Krugerrands and so much. This proves one thing that investment in gold is becoming a top choice for many investors. But even so, the question still remains, how does one get exposed to gold and what are the best ways to invest in gold?[..]
How Interest Rates Affect Your Investments
In the US, this is the Federal Reserve, in the eurozone – the European Central Bank, in the UK – Bank of England. Changing the value of interest rates is part of the monetary tools a central bank can use when trying to regulate the supply and demand[…]
What Is 401(k) And How Does It Work
Even as a 401(k) you have lots of restrictions and caveats. In maximum cases, you cannot faucet into your organization’s contributions right away. Vesting is the quantity of time you need to work for your company than having access to its payments for your 401(k) […]
Traditional IRA Pros And Cons
An individual Retirement Account (IRA) is an outstanding retirement savings tool for a maximum number of people. Created with the aid of the federal authorities, IRAs can be funded at some point of your functioning years. All through retirement, IRAs may additionally […]
Mutual Funds: Understand the Risks
You already know quite a few things about mutual funds, don’t you? In case you’ve missed the previous articles – the best place to start is the basic guide for mutual funds. Overall, this is an option particularly suitable for newbies and inexperienced investors. Why? For starters, it gives them the chance to build a diversified portfolio […]
Debt Consolidation Full Guide: How Does It Works?
In this fast-paced world, almost every individual has a loan; many people, however, have even several of them – one for the house, one for the new car and a few credit cards. For each one of them, of course, the person should pay a monthly installment, making it a real challenge to manage – different dates, different rates, etc[…]
The Most Popular Gold Bullion Coins For Investment
Think for a moment about gold – a precious metal always held with high regards. To most investors, gold form an outstanding investment, not like many other investments that you may be thinking of and through the years, gold has been widely accepted and has been utilized for many uses one of the uses being the making of world’s most beautiful coins […]
What Are The Different Types Of Mutual Funds?
Mutual funds are a great option for inexperienced investors. Basically, this is a “pool” where lots of different people put their money and an experienced professional manages the fund and invests in different asset classes – securities, stocks, etc. Find out more about what mutual funds are, different strategies when investing and their major characteristics.
Investing In Mutual Funds Full Guide – What Are Your Options?
Are you a greenhorn when it comes to business, finance, investments, and markets? Do you feel awkwardly strange when reading about the thousands of business opportunities out there. Or perhaps you are a pro who wants to know more things about our topic – mutual funds.
How Inflation Affects Gold Price
To answer the question how inflation affects on gold price, it is necessary to take another look at old fashioned economics as a way for discovering how cost valuations will likely unfold as time goes on. Among the very crucial economic powers in these regions is the power of market inflation. its power influence on the yellow metal could be important according to the underlying principles of the world economy[…]