Subscribe to our Newsletters

SunTrust Bank to Raise Out-of-Network ATM Fees
Mar 24

SunTrust Bank to Raise Out-of-Network ATM Fees

SunTrust announced its plan to hike the fee for using out-of-network ATM from $2 to $2.50. According to the updates fee of schedule, the fee increase will be in effect from May 1, 2014 for all withdrawals, balance inquiry, or transfer from a non-SunTrust ATM machine within the U.S.

Read »
American Express Platinum Card Gets New Wi-Fi, Security Screening Benefits
Mar 21

American Express Platinum Card Gets New Wi-Fi, Security Screening Benefits

American Express launched two new benefits for customers who have the prestigious Platinum Card. This coming June, cardmembers will receive complimentary Wi-Fi access through Boingo and a new statement credit for the TSA’s pre-screening program.

Read »
Citibank to Raise Out-of-Network ATM Fees

Citibank to Raise Out-of-Network ATM Fees

Citibank announced that it will raise the fee for using out-of-network ATM. According to their updated fee schedule, the fee for any withdrawal at a non-Citibank ATM will increase from $2 to $2.50 per transaction. In addition, you will be responsible for any fees charged by the ATM operator.

Read »
The 12 Worst Financial Slogans

The 12 Worst Financial Slogans

Financial companies are among the richest and most powerful establishments in the world — yet some of them have horrible advertising slogans. An effective slogan expresses an idea or a purpose of what it is representing in a terse yet powerful way, enough to stay on your mind long after you come across it. Four

Read »
Defaulted on a Loan? Your Bank May Take Money Out of Another Account
Mar 20

Defaulted on a Loan? Your Bank May Take Money Out of Another Account

If you have a defaulted loan, is it fair for your bank to take funds from one account to cover that debt? It happened to one woman in Clearwater, CA who banks with Wells Fargo.

Read »
Fed: Rate Hike No Longer Pegged to the Unemployment Rate

Fed: Rate Hike No Longer Pegged to the Unemployment Rate

Since December 2012, the Federal Reserve has linked the U.S. employment rate to its decision to raise interest rates. The guidance gave savers an idea of when their deposit rates would finally allow their cash savings to generate more interest earnings. Now, the central bank has revised its forward guidance so that the jobless rate

Read »
4 Ways to Avoid ATM Withdrawal Fees

4 Ways to Avoid ATM Withdrawal Fees

Automated teller machines can come in handy when you’re in a hurry and strapped for cash. However, such a convenience will be expensive if you regularly use an ATM that isn’t within your bank’s ATM network because the bank and the ATM operator has the right to impose fees. But, fortunately, there are ways to

Read »
How the Wealthy Use Credit Cards
Mar 19

How the Wealthy Use Credit Cards

It might seem like anyone living the good life in the fast lane as a wealthy American might not have any real use for a credit card. However, many of the rich and famous or not-so-famous still use credit cards, and for a variety of reasons, particularly since wealth provides even more advantages and status.

Read »
7 Credit Cards for Those With Credit Scores of 550 to 600

7 Credit Cards for Those With Credit Scores of 550 to 600

Reestablishing your credit is a step-by-step process. In order to improve your credit you need to open new accounts, but that can be difficult with poor credit. If you have a credit score range between 550 – 600, it is definitely still possible to open a credit card to help you accomplish your credit goals.

Read »
Savings Rate Report March 2014: Eyes on Revised Fed Criteria for Rate Hikes
Mar 18

Savings Rate Report March 2014: Eyes on Revised Fed Criteria for Rate Hikes

In the past month, the national savings rate average slipped slightly from 0.30% APY to 0.29% APY, after making a jump in the prior month. The dip is attributed to minor rate cuts at smaller online banks. The most notable rate drop comes from American Express Bank, which now offers a savings rate of 0.80%

Read »