Category: Banking
5 Situations Where Using Your Debit Card is Essential, Experts Say
Many people talk about the benefits of credit card rewards, but not many take advantage of the perks that come with their debit cards. Debit cards, which are usually given for free when you open a checking account at your bank or credit union, offer many of the same benefits as credit cards. Plus, they…
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Today’s Highest CD Rates: June 26 — Earn Up To 5.75% APY
One of the quickest ways to grow your money is to let it work for you, rather than you working for it. If you prefer not to take high risks with investments like stocks or bonds, a high-yield savings product is a great alternative. Certificates of deposit (CDs) are an excellent way to invest your…
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How Much Does a Cashier’s Check Cost at Bank of America?
### What Is the Bank of America Cashier’s Check Fee? If you have a checking or savings account with Bank of America, you can get a cashier’s check for a $15 fee. However, if you’re part of the Bank of America Preferred Rewards program, this fee is waived. Other banks also charge for cashier’s checks.…
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Navigating Chime’s Routing Number for Seamless Direct Deposits
Many Americans are turning to digital financial institutions like Chime® for their primary checking accounts. However, it’s important to note that Chime is not a bank; it’s a financial technology company. This distinction can sometimes cause confusion when users try to perform basic financial tasks, such as setting up payments or documenting assets for third…
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JPMorgan’s AI-Driven Cash Flow Solution: Understanding Its Benefits and Applications for You
JPMorgan introduced a cash flow intelligence AI tool last year for its corporate clients. This AI algorithm, which analyzes cash flows and generates custom forecasts in seconds, has significantly reduced manual work by 90%, according to Bloomberg. The tool, named Cash Flow Intelligence, is currently free and has garnered significant interest from clients. Tony Wimmer,…
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Everything You Need to Know About Your Fulton Bank Routing Number
Fulton Bank is a regional bank in the Northeast U.S. and has been recognized as one of GOBankingRates’ Best Northeast Regional Banks of 2024. The bank provides various services including checking accounts, savings, CDs, money market accounts, and comprehensive customer service both online and in branches across the five states it serves. If you’ve recently…
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How Does Chime Display Upcoming Deposits?
Chime® is a fintech company that provides affordable and convenient banking services through an online platform. They offer fee-free checking and savings accounts, as well as a credit card. Their app is highly rated, with a 4.8 rating in the App Store and a 4.6 rating on Google Play. If you’ve recently started using the…
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Your Essential Guide to PNC Bank Routing Numbers
Sending and receiving money electronically with your PNC Bank account is not only convenient but also necessary for direct payroll deposits and other transactions. In the U.S., all electronic bank transactions require a routing number, and there are several ways to find your PNC routing number. Here’s how you can locate it. PNC Bank uses…
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Exploring the Most Affordable Options for Safety Deposit Boxes: A Comparative Study of Banks
Have you ever wondered if your documents and valuables are safe? Maybe you saw a spy movie where someone was rummaging through fake IDs and different currencies in a safety deposit box and got curious about which bank offers the cheapest safety deposit box. ### Safety Deposit Box Basics A safety deposit box is a…
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Mastering the Art of Interest Calculation for Your Savings Account
In April 2024, the average interest rate for savings accounts is just 0.46%. This figure includes both the low rates from traditional banks and the higher rates from online banks and neobanks like Bread Financial, which offers a 5.15% annual percentage yield (APY) on savings. With such high interest rates available, it’s worth calculating how…
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