Bank of America Drops Checking Overdraft Fees, Will Other Banks Follow?
Bank of America announced late yesterday that it plans to get rid of overdraft fees on its debit card accounts starting June 19th. This change comes in anticipation of federal rules that could potentially limit overdraft fees for debit cards, as the Credit CARD Act has for credit cards.
Citibank Notice Highlights Fed Rule that Could Limit Your Access To Money
A letter sent out to Citibank customers this month has said that starting April 1st, the bank may reserve the right to require a seven day advance notice on withdrawals from checking accounts.
Checking Out Checking Accounts
If you are an adult American citizen you probably have a checking account, but perhaps you are not aware of the different types of checking accounts available? It pays to explore the range of account options in all their various combinations.
Banking for Small Business Owners
One of the basics of running a business is to set up separate bank accounts to fulfill the business requirements. Some of the basic accounts that should be considered include the savings, checking, and certificate of deposit (CD) accounts. A lot of new business owners make the mistake of mingling their personal and business accounts. They erroneously believe that processing their business transactions through their personal accounts is more convenient. Over the long term, things can become more complicated. There are many reasons not to mix personal with business banking. Among these are:
HSBC Special Checking Account Offer
HSBC is running a special promotion on their Plus Checking Account. Customers can receive $75 HSBC Mastercard GiftCard when they open a new Plus Checking Account. They can also qualify for an additional $25. HSBC's Plus Checking Account gives customers and opportunity to accrue interest with their checking, and receive competitive rates on their Premium Money Market plus Savings as well. For details, click here. Offer expires September 30, 2008.
BB&T Has Good News for Small Businesses
BB&T Corporation has just annouced that they are introducing a new permanent checking account product for small businesses. Business Value 500 checking will be a new way small business owners can save and avoid fees. This product replaces BB&T’s Business Constant checking and will provide its customers with many advantages not previously offered, such as free cash deposits up to $20,000, free personal checking accounts up to three business partners, and much more. For more details click here.
Most Popular News
TD Bank to Offer A Lucky Customer $250,000 Towards Their Mortgage
Top Online Banks Ally, ING Direct and Discover Drop CD Rates Today
ING Bank Gains Consumer Confidence with No Overdraft Fees
Chase (JPM) Announces Changes to The Chase Freedom Credit Card
White House Task Force to Improve Jobs, Student Loans & Retirement for the Middle Class
