Tweet Are my deposits safe? As long as your bank is insured by the Federal Deposit Insurance Corp., your money is guaranteed — up to $250,000 per depositor. That’s the case even if you have an account with Bank of America, which tops the bad-bank list and needs to raise $34 billion in capital. Call…
Tweet Done be shock when you see this bank overdraft number, according to the CFA, as a nation, we’re spending over $17.5 billion on overdraft fees. The average bank overdraft: $35. At Bank of America, they limit you to 10 overdrafts a day, so if you really have a bad day, you could wind up…
Tweet No more silly bank fee. Avoiding overdrafts, bounced checks, should be a number one priority to all those who have checking accounts. The amount of money that you can be charged by the bank and by the merchant who takes the bounced check can be staggering. If too many of these overdrafts show up…
Tweet Who doesn’t hate these extra fee that the banks slap on you? If you have ever missed a payment or gone over your overdraft limit then you will know about the expensive fees that you have to pay. One late payment can trigger a fee that puts you over your overdraft limit, hence leading…