Subscribe to our Newsletters

Smartphone Mobile Apps Connect the Underbanked to Online Banking
Nov 25

Smartphone Mobile Apps Connect the Underbanked to Online Banking

People without bank accounts have traditionally relied on cash-based financial services such as money orders and in-person bill payment to handle their banking needs. But this “underbanked” and “unbanked” population is now adopting and adapting to mobile banking in big numbers. There are about 17 million adults in America who do not have a checking or

Read »
10 Smart Ways to Avoid Checking Account Fees for Good
Nov 24

10 Smart Ways to Avoid Checking Account Fees for Good

Next to venting about bad customer service, American consumers love to complain about bank fees. From ATM fees to monthly maintenance fees to the infamous and expensive overdraft fee, these fees can add up if you’re not careful. Last year, they paid out $32.5 billion in bank charges and penalties. Actually, that’s an improvement from

Read »
5 Ways to Take Advantage of the Rising Dollar Today

5 Ways to Take Advantage of the Rising Dollar Today

Main Street’s economic recovery might be stagnant and real wage growth might be in the doldrums, but the rising U.S. dollar is giving millions of American consumers a much-deserved financial break. Since early July 2014, the dollar has risen 9 percent against a basket of currencies, meaning the U.S. dollar now buys more yen or

Read »
The Best Bank Services to Look for In Your Search for a New Financial Home
Nov 21

The Best Bank Services to Look for In Your Search for a New Financial Home

If you’ve been shopping around for a new financial institution to do business with — consider some of the best bank services we’ve found in our recent experience. Since, like us, you may like to spread your banking across online banks and credit unions as well as traditional banks, we’ve included a sampling of their products,

Read »
When Banks Fail, Your Money Will Still Be There on Monday, I Hope
Nov 19

When Banks Fail, Your Money Will Still Be There on Monday, I Hope

To life’s certainties, like death and taxes, you can add one more: banks fail. Through November 7 of this year, 17 banks have failed and been taken over by the Federal Deposit Insurance Corp. (FDIC). From 2009 through 2013, 474 banks failed. But take it from me — one who once was employed by Washington

Read »
American Express Offers Free FICO Credit Scores to Some Customers

American Express Offers Free FICO Credit Scores to Some Customers

When American Express launched the redesign of its website earlier this month, there was a nice little treat for some card customers — it was a free monthly FICO credit score! This is the same score that lenders use to approve loans and lines of credit. Is American Express joining the growing list of major

Read »
Paying Too Much in Credit Card Fees? See Which Cards Help You Avoid Them
Nov 18

Paying Too Much in Credit Card Fees? See Which Cards Help You Avoid Them

Compared to your other financial accounts, your credit card carries a relatively short list of fees, which mostly consists of fees for late payments, balance transfers, cash advances and foreign transactions. But, these credit card fees can cost you just as much — if not more — than the fees on, say, a checking account.

Read »
What to Consider When Your Child Asks, ‘Can I Get a Credit Card?’

What to Consider When Your Child Asks, ‘Can I Get a Credit Card?’

To young and inexperienced minors (we’re talking about those under the age of 18), money may not carry the same value to them as it does for you. But, inevitably, there will come a day when your child comes up to you and asks, “Can I get a credit card?” At the moment, the only

Read »
Among the ‘Unbanked,’ Prepaid Cards More Popular Than Cat Videos
Nov 13

Among the ‘Unbanked,’ Prepaid Cards More Popular Than Cat Videos

The “unbanked,” by definition, don’t use savings or checking accounts, but that doesn’t mean they’re not huge fans of prepaid cards — cards preloaded with funds that act like a debit or credit card, but aren’t linked to any financial account. This affinity is undeniable. Although representing just 7 percent of the adult population, the

Read »
Drop that Call: The Best Ways to Contact Your Bank Without a Phone

Drop that Call: The Best Ways to Contact Your Bank Without a Phone

In a perfect world, we would never have a need for customer service because everything works as it should. Sadly, that’s not the case. And, if you’re like me, you dread the time-consuming task of calling customer service. I’m talking about the long hold times. Want to skip the long wait? Jump online and chat

Read »