- The Best Cities to Get out of Debt – 2018 Edition
Credit card debt can destroy anyone’s finances if it is mishandled. According to data from TransUnion, the average credit card debt holder had $5,644 worth of credit card debt. While that number may not seem like a ton of debt, paying it off can be difficult due to high interest rates. Long-term credit card debt can… read more…
- TD Bank vs. Bank of America: Which Is Better for You?
Finding the best bank in America to fit your specific needs is crucial for building a solid foundation in your financial life. But with dozens of different banks operating in the U.S., how can you know which one is best suited… read more…
- Checking Account Fees: How Much Are They and How Can You Avoid Them?
A checking account provides a great tool for money management, keeping your money both safe and easily accessible. However, many banks and credit unions charge a fee to own a checking account. These fees generally range from $4 to $20 although… read more…
- Market-Linked CDs: What Are They and Should You Have One?
When browsing a bank’s account options, you’ve probably come across certificates of deposit, or CDs. These are time sensitive accounts that grow your initial deposit for a given amount of time, depending on your preferences. In these CDs, your money… read more…
- Money Market Accounts vs. CDs: What’s the Difference?
When it comes to saving your money, you have a number of account options. You might first think of a simple savings account that allows your money to grow according to a set interest rate. You also have the options… read more…
- Money Market Account vs. Savings Account
Having a savings account is incredibly important to your financial health. It keeps your money safe and grows your balance according to set interest rates. You can link your savings account and checking account for automatic transfers and overdraft protection. But there’s also another type of account that works like a hybrid of savings and… read more…
- What Are the Best Ways to Transfer Money Internationally?
Whether you’ll be making a number of international money transfers or it’s a one-time transaction, it’s important to know the best ways to send money internationally. Maybe you need to put down a deposit for a vacation rental, send money… read more…
- Ally Bank vs. Capital One: Which Is Better for You?
When choosing whether to open a bank account with Ally Bank or Capital One, it really comes down to whether you want access to physical branches when you bank. Ally Bank is an entirely online operation, limiting you to its… read more…
- Bank ATM Fees: How Much Are They and How Can You Avoid Them?
When it comes to accessing your various bank accounts, ATMs offer a big convenience. This is especially true when you bank with an institution that offers thousands of ATMs all over the world. According to data from the World Bank,… read more…
- USAA vs. Navy Federal: Which Is Better for You?
There are special banking opportunities for those who have served our country in the military, are currently serving or for the families of these individuals. Two such options are Navy Federal Credit Union and USAA Bank. Let’s break down who… read more…
- How to Fill Out a Money Order
Despite the ease it provides, paying in cash isn’t always the most secure form of payment. Instead, you may be asked to pay with a money order. You can get a money order almost anywhere, like banks, post offices and… read more…
- Wells Fargo vs. Bank of America: Which Is Better for You?
The main plus of having a bank account with a big bank is the widespread access you have to your money. Both Wells Fargo and Bank of America provide their customers with thousands of ATMs and branches throughout the country.… read more…
- How to Open a Checking Account
Opening a checking account, whether a personal or business checking account, is a relatively easy process as long as you’re prepared with the right information. It becomes even easier when you know what to expect. To open a checking account,… read more…
- How to Cash a Check
At some point, you may end up receiving money in the form of a check. This could be your paycheck, your tax refund or a personal check from a friend. Unlike cash, you can’t turn around and spend the check… read more…
- Where Should You Exchange Foreign Currency?
Traveling abroad can be expensive. Besides renewing your passport, booking your flight and arranging accommodations, you have to pay for transportation, food and any experiences you may want to check out. Even if you have reliable credit cards or a debit… read more…
- Best Banks for Handling Consumer Complaints
Few things are more frustrating than trying to get in touch with your bank when something has gone wrong with your checking account or savings account. But when handling bank account-related problems, whether it’s an issue like identity theft or something as simple as needing to change account information, some banks handle their customers’ requests… read more…
- What an IRA CD Is, Rates and How It Works
Saving for retirement is important for people of all ages, with a 401(k) being a particularly popular option. However, this standard account type may not always be enough. That’s where an individual retirement account, or IRA, comes in. IRAs let… read more…
- What to Do After You’ve Lost Your Debit Card
Many of us have experienced that heart-sinking moment when you get to the ATM or cash register only to discover you don’t have your debit card. Perhaps you dropped it in the parking lot or someone snagged it from your… read more…
- Chase Bank vs. Wells Fargo: Which Is Better for You?
It can be hard to start a search for a new bank. Nowadays, there are so many banks to choose from, with online banks adding their names to the ranks of big banks. But if online banking isn’t for you,… read more…
- What Is the Average Money Market Account Rate?
Money market accounts offer a unique way to save and spend your money. They act as a mix of a savings account and a checking account. This means you can earn interest on your money market account balance and easily access… read more…
- Chase vs. Bank of America: Which Is Better for You?
Whether you’re new to banking or looking to switch banks, you’re probably familiar with Chase and Bank of America. These are two of the biggest names in the banking industry. Each has similar product offerings, from a simple checking account… read more…
- What Is a Safe Deposit Box?
A safety deposit box, also known as a safe deposit box, is an individually locked box held within a larger vault. These are usually located in a bank, which is a very secure place to put it. These boxes come… read more…
- What Are Daily ATM Withdrawal Limits and Debit Purchase Limits?
When it comes to withdrawing money from an ATM, you are limited to the amount you can withdraw in one day. You’re also subject to the amount of money you spend with your debit card each day. All banks impose… read more…
- What Is a Savings Account?
When it comes to financial health, it isn’t just about making more and more money. No matter how much money you’re making, you need to be saving a significant chunk of your funds. This comes in handy in case of… read more…
- What Banks Charge for Wire Transfers
Wire transfers have proven to be a valuable asset for people who need to send money quickly and securely. Whether you’re sending money to a relative abroad or closing on a home, wire transfers offer a safe way to send large… read more…