Subscribe to our Newsletters

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

Read »
How to Boost Rewards When Using a Credit Card to Fund a New Bank Account

How to Boost Rewards When Using a Credit Card to Fund a New Bank Account

Many banks offer sign-on bonuses for opening a new checking or savings account. Using a rewards credit card to make your initial deposit is an easy way to double your benefits. We explain how this can be done. With competition so fierce, banks routinely run new account promotions to attract customers. Instead of handing out

Read »
Easy Direct Deposit Methods to Get Bonuses for Opening a New Bank Account
Mar 12

Easy Direct Deposit Methods to Get Bonuses for Opening a New Bank Account

Many banks use account opening bonuses to draw in new customers, but many require you to make a specific kind of direct deposit to qualify. In other words, a certain bank may require customers have a direct deposit of at least $500 made into their account every month in order to receive the bonus and

Read »
4 Apple Watch Apps Can Help You Manage Your Finances Better

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

Read »
Millennial Generation Banking Habits Aren’t What’s Wrong With Banks
Mar 11

Millennial Generation Banking Habits Aren’t What’s Wrong With Banks

Millennials, widely known as the generation born between the early 1980s to the early 2000s, are often blamed for the woes of the banking industry but they’re not the only dissatisfied customers out there. MyBankTracker takes a look at what’s really driving the decline of banking and what banks can do to fix it. Last

Read »
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.

Read »
What to Do When Your Bank Account Is Phased Out

What to Do When Your Bank Account Is Phased Out

Last month, Wells Fargo gave some of its customers an unpleasant surprise when it sent out notices letting them know that their Value Checking account would cease to exist after April 13th. While that doesn’t mean they’re losing their banking privileges, they are seeing their accounts being converted to Everyday Checking and the monthly maintenance

Read »
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

Read »
Why Independent Contractors Need an Online-Only Bank

Why Independent Contractors Need an Online-Only Bank

In an effort to keep costs down, more big companies are filling out their workforce with independent contractors rather than full-time employees. If you fall under that umbrella, switching to a fee-free bank can help to offset some of the financial drawbacks of working for yourself. Self-employment is helping to drive the economy these days

Read »
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

Read »