Hate Chase’s No-Cash Deposit Policy? Chase QuickPay Can Help
Mar 26

Hate Chase’s No-Cash Deposit Policy? Chase QuickPay Can Help

Sending money between Chase accounts and Bank of America and Wells Fargo accounts is now very easy, thanks to clearXchange. This could help circumvent Chase’s prohibitive cash deposit policy that many MyBankTracker readers have complained about. In a nutshell, Chase doesn’t let you deposit cash into an account that isn’t yours. (So, you wouldn’t be

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Cashier’s Check, Money Order and Personal Check: Which One Clears Faster?
Mar 20

Cashier’s Check, Money Order and Personal Check: Which One Clears Faster?

Digital payments are all the rave today, but physical payable instruments (i.e., checks and money orders) are still trusted payment methods for many Americans. However, there’s some confusion over how long it takes the funds to clear for the recipient (aka the payee). I tested deposit speeds of each one to find out the fastest

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Sending Money Is Getting Easier for U.S. Bank Customers
Mar 19

Sending Money Is Getting Easier for U.S. Bank Customers

More big banks are collaborating to make it easier for Americans to send money to each other. A payment system, clearXchange, formed by the nation’s largest banks has added U.S. Bank as part of the network. Find out what this means for customers like you. This week, U.S. Bank joined clearXchange, the bank-centric digital payments

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BMO Harris Bank: Regional Bank Now Lets You Withdraw Cash With Your Smartphone
Mar 17

BMO Harris Bank: Regional Bank Now Lets You Withdraw Cash With Your Smartphone

As a member of today’s digital-centric society, I’ve relied heavily on ATMs and my iPhone to conduct most of my banking. You’re probably in the same boat. That’s why it’s so nice to see ATMs and smartphones come together, as one large regional U.S. bank begins a major roll out of a feature that lets

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Top 10 U.S. Banks Have Tough Rules on Check Deposits With Multiple Payees
Mar 14

Top 10 U.S. Banks Have Tough Rules on Check Deposits With Multiple Payees

Depositing a check is a seemingly-straightforward task when it is written to just one person — you. It’s a different case when a check is written to multiple payees because many people encounter problems when they try to deposit these checks. If you are faced with this dilemma, see what hurdles you have to jump

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4 Apple Watch Apps Can Help You Manage Your Finances Better
Mar 12

4 Apple Watch Apps Can Help You Manage Your Finances Better

The impending arrival of Apple Watch is expected to introduce a new era of wearable gadgets. Having tracked the effect of mobile technology on consumer banking, I’m very much interested in the Apple Watch’s impact on how we manage our finances. Apparently, financial institutions and other companies are already prepared to make appearances on our

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Merchant Codes Exposed: Why You Didn’t Get Your Credit Card Rewards
Mar 10

Merchant Codes Exposed: Why You Didn’t Get Your Credit Card Rewards

Have you ever made a purchase on your credit card hoping to earn rewards, but when you look at your statement, you didn’t receive anything? If you’ve ever bought something with the expectation of earning credit card rewards but didn’t, find out what happened and how you can earn those rewards points for future purchases.

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Battle of the All-in-one Smart Cards: Is the New Stratos Better Than Coin and Plastc?
Mar 06

Battle of the All-in-one Smart Cards: Is the New Stratos Better Than Coin and Plastc?

Every few months another all-in-one smart card is introduced with the hopes of decluttering your wallet — it can replace all your magnetic stripe cards because it carries your cards’ information. This month, the Stratos Card entered the scene and it took a slightly different approach from the other smart cards, especially when it comes

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Amex Raises APRs on 1 Million Credit Cards: What You Can Do
Mar 04

Amex Raises APRs on 1 Million Credit Cards: What You Can Do

More than one million American Express credit card customers are going to see their APRs experience an increase in mid-April, according to a letter sent to affected customers (the timing may be different for you). See why the interest rate hikes are coming, what you can do about it and why it won’t matter for

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How You’re Affected By the Breakup of Costco and Amex
Mar 02

How You’re Affected By the Breakup of Costco and Amex

Costco has discontinued its long-time partnership with American Express, and has teamed up with Citi and Visa. This change has many implications to the customers of the major wholesale warehouse club. Find out how you’re affected and what you can do when changes start to happen. For 16 years, Costco only accepted American Express cards because

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