Posts Tagged ‘checking accounts’:


2 Strategies to Avoid Excessive Bank Fees

Published by Chris T on August 14th, 2012

Some report that bank fees for your checking accounts are on the rise. Due to the recent Durbin amendment, banks are no longer allowed to charge excessive fees to retailers for customers using debit cards in their machines. Because of this limitation, banks have sought out other ways to earn this extra source of income. On average, they are hiking up our other fees. Some of these fees include: withdrawing money from a non-bank owned ATM minimum amount of money to open an account minimum amount of money in your bank account overdraft fees A lot of consumers aren’t very happy about

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Get Ready For Next Month’s Debit Card Changes

Published by Don M. on June 16th, 2010

Banks are spreading the word that beginning next month, there is a new policy going into effect with debit cards. The policy was enforced to help stop customers from being hit with a bunch of expensive overdraft fees from using their debit cards for purchases or ATM withdrawals without sufficient funds in the account. Although the new policy is found to be pleasing by many who many have experienced an accidental use of insufficient funds in the past and had to deal with expensive repercussions; many are nervous about having to deal with angry card users when their cards get

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Free Checking set to Join Free Burgers and Toasters on the Yeah Right List

Published by Jared W on January 22nd, 2010

Free checking is a privilege that many Americans have taken for granted so long, that they now feel entitled to it.  Some banks started offering free checking as a privilege for their service, but now most banks offer it as a service that many people now take for granted. However, now, free checking may be becoming endangered as banks feel heat from every side. The biggest impact on checking accounts is likely to come from regulations on overdraft protection fees.  In July, banks will need permission from customers before allowing them to use their debit cards to spend more than

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