Why good credit is important: Even if you never plan to use credit, your score can still impact your life. If you inherited millions of dollars and don't need auto loans, credit cards or even mortgage loans, you still may not be able to escape the need for good credit. Consider car insurance, for example. It's a law that you must have auto insurance. Sure, if you have millions of dollars you can afford any insurance premium, but the fact remains that your credit score affects your rate. For those of us without millions of dollars, credit can also affect our ability to rent an apartment, get utilities, and can limit our employment choices or even hold up promotions.
Some other things that typically you can't get without credit include cell phones, elective cosmetic surgery, business loans and student loans, and high rewards credit cards.
Some online banking offers easy bill paying, account balance review and free checking account activation.
Chance Bank Account
employer must offer direct deposit.
cannot have any existing checking or savings account with any bank.
Regardless of bad credit or no credit, give our consumer credit network a chance to serve you with a free bank checking account (offer currently offline).
Avoid overdraft and bounced check fees by managing your bank checking account so you don’t overdraw it.
Always know how much money you have in your checking account by keeping your account register updated. Record all checks, other withdrawals and deposits the instant they occur, and also remember to deduct monthly fees and/or check fees if your bank charges them.
Pay special attention to your online transactions and ATM usage. Don’t forget about any automatic debits you may have set up for loan or other payments. Also remember that you may have checks that have not yet cleared the bank.
Review your account statements monthly, the instant you receive them. Between statements, you can find out which payments have cleared and check your balance by calling your bank or by checking online.
If you overdraw your account, deposit money into the account as soon as possible to cover the overdraft amount plus any fees your bank may charge.
Checking Accounts - Many married couples and family members find opening and using joint savings or checking accounts convenient and useful. With only one account, there is only one set of fees to pay and many married couples find pooling the money together makes budgeting easier.
However, joint bank accounts are riskier than separate accounts. If the relationship between the account holders turns sour, there is chance that one holder may drain the account without the knowledge of the other. Therefore, those considering opening a joint savings or checking account should discuss its benefits and downsides before making a decision.
Here are a few things to consider before opening a joint bank account.
Have Joint Account with Someone You Trust.
The most important thing is trust. Only have a joint account with someone you can trust completely. This usually isn’t a big problem where family finances are concerned and where putting the money into a shared account makes bill paying and debt repayments easier. Elderly parents can also trust their adult children with their finances if they have a shared account.
Choose the Appropriate Signatory Option.
Banks usually give joint account holders the options of “both to sign” or “either to sign”. Those who can’t trust their partner completely can choose the “both to sign” option so that transactions can only be carried out with the consent of both parties. If trust is not an issue at all, the “either to sign” option is very useful as it allows either account holder to transact independently of the other. What suits one household may not suit another. So choose the appropriate signatory option carefully.
One option for married couples is to each put all of their earnings into one joint checking account. If both spouses are comfortable with this approach, it's certainly the easiest logistically. If one of you is deeply in debt or is notoriously bad at keeping track of checks and ATM withdrawals, this may not be the best method for you. Account co-owners enjoy the right to spend, give away or transfer funds to other accounts, without the consent or knowledge of other account holder(s). In many cases, the "wronged" party can get back some of the money, but legal action is required.
Military Checking Accounts: Choosing the Right Military Bank Checking Account (Military.com): When shopping for a new account, you'll find there are an increasing number of ways to manage your money. Banks offer a wide range of checking and savings accounts. Some are basic. Some pay interest. Others do not. So what type of account is right for you? The answer depends on a number of factors: * Why do you need the account? * How often are you going to write checks? * How often will you need access your money? Some pay interest if you maintain a minimum monthly balance. Others do not. Whatever your requirements, you should be able to find an account that meets your needs. There are many to choose from. 1. Basic Checking Accounts. Also known as a "No Frills" bank account. With this type of account, you get a limited set of services for a small price. You may be charged a fee for each check you write over a certain limit or you may just be charged a monthly fee. Some banks will require you to set up a direct deposit or maintain a minimum balance in order to avoid a monthly fee. Basic checking accounts normally don't make interest payments to their customers. 2. Interest-Bearing Checking Accounts. The higher balance you maintain in these type of accounts, the more interest you will earn. If your balance drops below a preset level, you'll be charged a hefty monthly service fee. Interest-bearing accounts normally offer unlimited check writing privileges as long as you comply with the requirements. 3. Money Market Accounts. Money market accounts normally invest in short-term obligations such as commercial paper, CDs, or Treasury bills. These type of accounts usually pay a higher rate than checking or savings accounts and a lower rate than CDs. Rates vary according to current market conditions. Money market accounts are different than money market funds for several reasons. First, they are insured by the FDIC. Second, money market accounts are not charged the normal management fee that funds will incur. Money market accounts also place a tighter limit on check-writing privileges (often just 3 per month). They may charge you a maintenance fee if your balance drops below a preset level. 4. Asset Management Accounts. Asset management accounts are a type of checking account offered by many brokerage houses and banks. They offer the convenience of one account to take care of all your banking and investment needs. Asset management accounts normally provide unlimited check-writing priveleges and a comprehensive end-of-year statement that documents all of your transactions. Many financial institutions require a higher minimum balance to open an asset management account. You should expect to pay an annual fee.
Virtual Checking Account: Intrust Virtual Checking Features: * No monthly account maintenance fee if account is set up for e-Statements and no paper statement is received * Free OnLine Bill Pay * Discounted rate on new personal loans with auto debit payment. INTRUST may be the right choice if: * You rarely write checks and prefer using a debit card * You prefer electronic statements over mailed paper statements * You like making payments and managing your account online
Bank of America Checking Account: The Premium Tiered Interest Checking account from Bank of America is a traditional checking account offered to Merrill Lynch Wealth Management clients allowing you to manage your everyday finances while helping you maintain your long-term investment strategy.
Chase checking account: Chase Premier Platinum CheckingSM has all the benefits of Chase Premier Plus CheckingSM, plus: * Earns interest; * FREE Personal Style checks; * No Non-Chase ATM fee charged by Chase for using another institution's ATM3; * No Overdraft Protection Transfer Fee; * No Incoming Wire Transfer Fee; * No Stop Payment Fee; * Chase Plus SavingsSM with no Monthly Service Fee6 and higher interest rates; * Nine additional Chase Premier Platinum Checking accounts with no Monthly Service Fee; * Chase BusinessSelect CheckingSM account with no Monthly Service Fee; * Priority service—you´ll always speak to a specialist who can help you.
Capital One checking account: What's most important to you in a checking account? Rewards? Interest? - We have a checking account for you! * Get rewards every time you use your debit card, write a check, or pay a bill online; * Earn interest that grows with your balance. Free with every Capital One checking account: * Secure Online Banking with convenient features, such as Mobile Banking, Bill Pay, and Alerts; * Platinum Debit Card gives you ATM access and is more convenient than writing checks or carrying cash. Choose from unique card design options.
Citi Bank checking account: If you just need to keep it simple with a checking account for everyday transactions like direct deposit, bill payments and writing checks, this one's for you. All the essentials are here. NO monthly fee for performing qualifying activity each month; NO minimum balance; Unlimited check writing; Get rewarded for your banking relationship. Free Checking Account: (1) Make 1 Direct Deposit AND 1 Bill Payment each monthly statement period and pay no monthly service fee, OR (2) Keep $1,500 in prior calendar month combined average balances in either your Basic Checking or with a linked Basic Savings account and pay no monthly service fee
Charles Schwab checking account: High Yield Investor Checking - Pay no ATM fees worldwide with our popular Schwab Bank High Yield Investor Checking® account.1 There are no monthly service fees, you’ll earn interest on your balance, and your account is FDIC-insured. No Monthly service fees; No Account minimum. Unlimited rebates from any ATM worldwide. A 0.10% variable interest rate on any balance. Free standard checks and a Visa® Platinum debit card. FDIC insurance up to $250,000. A linked Schwab One® brokerage account with no fees or minimums.
Discover checking account: Our FDIC-insured checking accounts offer free online bill payment and competitive interest rates. Discover Bank offers a variety of checking accounts. Whether you're looking to earn interest, benefit from added features, or take advantage of electronic banking, we'll help you find the right account. Enjoy banking convenience-on your schedule-from virtually anywhere, with our Banking Center and Online Bill Payment. * Personal Checking - Enjoy the convenience and flexibility of a personal checking account. * Super Now Checking - Meets your checking needs with competitive interest rates. * 55 + Checking - Specially designed for individuals age 55 or better. * Business Checking - Money management tailored to business banking needs.
ETrade checking account: Complete Online Banking Experience - Access your bank and brokerage accounts, see all of your account balances, and more - all on one page. * Convenient Online & Mobile Banking: Complete transactions anytime, anywhere to take advantage of investing opportunities, high bank yields, online bill pay, and more. * Free Quick Transfers: Make deposits, withdrawals, and transfers in seconds with our free, cash transfer service. * Unlimited ATM Fee Refunds: Get unlimited ATM fee refunds at any bank, any machine nationwide. * Unprecedented Online Security: Protect your privacy and assets with a free CompleteTM Digital Security ID and our E*TRADE CompleteTM Protection Guarantee.
Fidelity checking account: Fidelity® Cash Management Account - This free full-service account has all the features you'd expect, plus a few extras. And, you can manage your cash together with your investments for better financial control and seamless withdrawals, deposits, and transfers. *No monthly fees or minimum balances. No minimum to open. *Cash balances earn interest and are eligible for FDIC insurance coverage up to $500,000. *ATM/Debit Card - Pay no annual fee and get reimbursed for all ATM and surcharge fees. *Fidelity BillPay® - eceive and pay your bills on the web or on your mobile device. *Free checkwriting with no charge for standard checks and online images of your cleared checks. *Apps for iPhone®, iPad®, and Android™ let you check balances, pay bills, deposit checks, transfer money, and more—all on the go. *The cash manager provides benefits like self-funded overdraft protection and alerts when you have excess cash and are looking for potential ways to invest it.
Fifth Third Bank checking account: Personal Checking Packages - * Rewards Package - Accumulate valuable points fast on everyday banking. * Interest Package - Earn interest on your account balance. * Secure Package - Help achieve financial safety with credit monitoring. * Balance Builder Package - Build a nest egg with a checking and savings combo. * Gold Package - Use any ATM for FREE . Get Fifth Third Identity Alert. * Student Checking - Alerts and mobile banking for students and parents. * Club53 ® Package - Special perks for those age 50 or better. * Regular Checking - A great option to add an additional account.
HSBC checking account: * Premier Checking - Exclusive banking products and services that can be accessed from anywhere globally. * Plus Checking - Designed especially for savvy savers. * Choice Checking - Built for value and convenience. * Basic Banking - Ideal for those who only write a few checks a month.
ING checking account - Electric Orange Checking Account: * Your FDIC-insured Deposits Earn Interest - Your everyday money shouldn't cost you, it should help you save too. * P2P Payments - Send money securely to family and friends. It's Fast and free. Watch a demo. * Free MasterCard® Debit Card for all purchases. * Free Online Bill Pay. * Free access at over 35,000 ATMs - find one near you. * Free postage - we'll mail your paper checks for you. * Checks - Can't pay electronically? Order a checkbook.
Key Bank checking account: Personal Checking Accounts offer easy, online access and can help you save on overdraft fees, protect your identity, understand your credit score, and more, while Package Checking Accounts can help integrate banking and investing, offer higher earnings potential, and provide preferred pricing on financial solutions. Our enhanced KeyBank Relationship Rewards program allows you to earn points just by actively using your checking account, debit card or by expanding your banking relationship with Key. Key Privilege Select Checking Account: Enjoy the benefits of a suite of premium financial management solutions integrating banking and investing. A Relationship Manager will work with you to help determine your personal investment strategy. * Daily sweep with array of investment options1, unlimited check writing, and various overdraft protection options. * Comprehensive relationship statement showing banking and investment activity. * Unlimited reimbursement of other banks' ATM cash/withdrawal surcharges.
Liberty Bank checking account: We offer innovative, free checking accounts that help you earn and save - including a checking account that earns interest! Either way, it's more money for you. Open a checking account today! * Quarter Back® Checking - This personal checking account is just right for you, because you'll earn cash on debit card purchases. * BreakFreeSM Checking - Use the ATM a lot? You'll love BreakFree Checking. You won't pay an ATM fee - we even refund ATM fees the other banks charge! * Interest Checking - With a low minimum balance, this account offers a competive interest rate so your money can make money! * Debit MasterCard® - Our checking accounts come with a Liberty Debit MasterCard® - for easy ATM withdrawals and debit card spending. Make purchases anywhere MasterCard® is accepted.
Merrill Lynch checking account: * The Beyond Banking Account from Merrill Lynch is designed as a companion to a Cash Management Account® or retirement account. It allows you to enjoy the convenience of having your finances in one place, while keeping everyday transactions separate from your longer-term investments. * The CMA Plus package from Merrill Lynch is an optional enhancement to the CMA account, offering pricing benefits for certain cash management services. CMA Plus is designed for individuals who prefer the simplicity of a single account for both long-term investments and everyday finances.
PNC Bank checking account: Free Checking - If all you want are the basics with no monthly service charge, then Free Checking may just be the right solution for you. * Free PNC ATM transactions. * Unlimited check writing. * Free Online Banking and Bill Pay. * Direct Deposit - Sign up to have your payroll, pension, Social Security, or any regularly received income deposited directly to your account. *Overdraft Protection - Safeguard your checking account by linking it to a Protecting Account - another PNC checking, savings, money market, credit card or line of credit. When there are insufficient funds in your account to pay for an item, funds can automatically transfer from the Protecting Account to cover your payments. * PNC Bank Visa Check Card - The PNC Visa Check Card is the easiest way to pay, right from your checking account. Safer than cash, faster than writing checks, and every purchase can be tracked online or on your monthly statement. * Auto Savings - Make automatic transfers from your PNC checking to your PNC savings or money market account. You choose the amount you want to transfer and how often. * Automatic Loan Payment Plan - Take advantage of interest rate discounts on consumer installment loans and consumer lines of credit accounts with automatic payment from a PNC checking account. Interest rate discounts do not apply to PNC Mortgage loans. * Automatic Check Reorder - Automatic Check Reorder is a free service available to PNC personal checking and money market account customers who order their checks through one of PNC's primary check vendors. * Online Banking - Simplify the way you manage your finances with PNC Online Banking. Check your balances & recent transactions, pay your bills, move money between your accounts, & even send money to your friends and family whenever you like.
USAA checking account: USAA Free Checking Account - * Free nationwide ATM use. * Free USAA Deposit@Home® and Deposit@Mobile® for qualifying members. * Free USAA Web BillPay®. * Free unlimited funds transfers to any U.S. bank. * No monthly fees regardless of your balance. * View and manage your checking account on usaa.com and mobile.usaa.com. Teen Checking Account - * Convenience and control for parents. * View checking account activity online on usaa.com and mobile.usaa.com. * Transfer money electronically. * Free USAA Deposit@Home® and Deposit@Mobile® for qualifying members. * Great for giving teens real-world experience with money * Use any ATM nationwide for free.
US Bank checking account: Easy Checking - * A simple, straight forward checking account with basic account access. * Free Internet Banking with Internet Bill Pay. * Free U.S. Bank ATM transactions. * Free email and text alerts. * U.S. Bank Visa® Check Card. Silver Checking Package - * Basic checking features with a smart way to save. Free Internet Banking with Internet Bill Pay. Free U.S. Bank ATM transactions. Free email and text alerts. Preferred rates on new loans. U.S. Bank Visa® Check Card.
Vanguard checking account: A VanguardAdvantage account lets you consolidate and manage your investment and cash management needs in one convenient place. You get the ability to trade stocks, bonds, certificates of deposit (CDs), and non-Vanguard mutual funds, plus you get cash management features, including unlimited checkwriting, a VanguardAdvantage Visa® Gold debit card, and optional electronic bill payment. * Your VanguardAdvantage account checkbook and Visa Gold debit card, if elected, will be sent by first-class mail to the address listed on your application. You should receive your checks and your debit card within ten days from the date your account was opened. For security reasons, your personal identification number (PIN) will be mailed separately, and you should receive it within three to five business days after you receive your debit card. * Overdraft protection is available for transactions using your VanguardAdvantage account checks or Visa Gold debit card, and for VanguardAdvantage Billpay® transactions. You can only obtain overdraft protection if you have been approved for margin trading.
Wells Fargo checking account: ValueSM Checking - This checking account gives you easy access to your money. Optional features include: * Platinum Debit Card; * Free access to Online Banking; * Two months of free Online Bill Pay2, after that Bill Pay is $6.95 per month. Checking and Savings Together - This package includes a checking and a savings account bundled for easy access and additional value. Features include: * Platinum Debit Card; * Free access to Online Banking with free Bill Pay; * A Wells Fargo Way2Save® Savings account – monthly service fee waived with qualifying automatic saving. Checking with Relationship Benefits - This premier checking account offers better rates, more discounts and bigger rewards. Premium features include: * Interest-earning checking; * Bonus interest rates on savings; * No monthly service fee on additional select linked checking and savings accounts; * Discounted loan rates; * Non-Wells Fargo ATM benefits; * Credit Card benefits; * Brokerage benefits.
Zions Bank checking account: With our Internet Checking account, there's no minimum balance to maintain, and you'll have access to free features such as Online Banking and Bill Pay. Account Features: * Free Mobile Banking3, Online Banking, and Bill Pay; * Free Debit Card; * Free nationwide ATM access in the MoneyPassÂ® Network; * Write up to 5 checks per statement cycle ($2 each after 5 checks); * Overdraft Protection; * Free eStatements At Zions Bank our Military Checking account has many services, including unlimited check writing, free personalized checks and higher rates on a variety of savings accounts. You even get a discount on most consumer loans*. This is one of the finest premier checking accounts around, and it has no monthly fee. If you would like to earn interest on this checking account, check out our Military Interest Checking. Account Features: * Free imprinted checks up to $20.50 ($5.95/box processing and handling fee); * Free Mobile Banking, Online Banking, and Bill Pay; * Free nationwide ATM access in the MoneyPass® Network; * Eligible for Gold Savings, Money Markets, and CD's, which pay higher interest than regular accounts; * 0.50% rate reduction on eligible installment loans* with automatic payment setup; * Free 3x5 safe deposit box (not availble in all locations); * $2,500 accidental death insurance; * No issuing fee on Travels Cheques for 1 (1% fee for 2), Money Order, Cashiers Checks; * Free notary services; * 10% off mortgage origination fees; * 20% discount on assisted brokerage transactions; *
Compare for benefits.
Review all the terms and conditions and special offers before you apply for a bank checking account.
Some banks offer a bonus for opening a checking account, such as a no fee period or a special rate.
Visit our articles to learn more information about bank checking accounts, federal regulations and news.
Settlement Chargeoff - There are times when a settlement might be what is needed if the person has money to attempt to settle a debt and negotiate for a lower payoff. If debts are more than five or more months past due, if the debt settlement will be less than what you owe, and if bad credit may not be factor you are worried about, it may be an option to get out of debt quickly. A debt settlement could be negotiated for as low as 50% of what you actually owe. When in thousands of dollars of debt, this may be the quickest way to get debt relief.
To try to negotiate a debt settlement yourself, let creditors know that you could be facing bankruptcy and don't make any agreements that are oral. Make sure to get the agreement and terms in writing and mailed to you. Get the creditors to agree to report the account to the credit bureau as “satisfied in full” when you make a payment and use a money order sent by certified mail. If you can't get a good debt settlement by negotiating yourself, consider getting a debt settlement professional.
Review information was gleaned from the website, and is neither an endorsement by us nor an confirmation of content nor a warranty of any promises made by the website. Use the review information at your sole discretion and sole liability.
SovereignBank.com Review - Copyright 2011 Sovereign Bank. All rights reserved. Equal Housing Lender logo Equal Housing Lender - Member FDIC
Checking Account - From a rewarding account for customers that do more of their banking with us to worry-free accounts with no monthly fees, you're sure to find the checking account that makes your life easier and fits your budget.
Sovereign Premier Banking features the incomparable benefits of Sovereign Premier Checking - our most rewarding checking account.
Sovereign Preferred Banking offers you the convenience and easy access of Sovereign Preferred Checking.
Sovereign Classic Banking features the simple and worry-free Sovereign Classic Checking account.
Sovereign Student Banking is simple, convenient, and affordable, and offers Sovereign Student Checking - an account with no balance requirements or monthly maintenance fees.
Sovereign Debit MasterCard - Use it instead of cash wherever debit MasterCards are accepted, whether in person, online, or by phone. Even pay your bills with it.
Personal Online Banking - New to Online Banking with BillPay? Enroll now to experience all the ease and convenience Online Banking with BillPay offers.
Benefits of Enrolling Online
* Quick and easy application process
* Save a trip to your local branch
* Gain immediate access to your accounts if your identity is verified
Note: For your protection, we will send your ID and Password by mail if we are unable to verify your identity online.
When you enroll in Online Banking, you will be able to save time by managing your day-to-day banking activities from any personal computer with Internet access - while still having complete control of your funds.
When you use our free BillPay service, you can save time and money while managing your bills. Why go through the hassle of check writing and check mailing, when you can simply have your payments debited from your Sovereign Checking account on the scheduled payment date?
* Check your account balances, review activity, and access account history
* Transfer funds between accounts
* Set up recurring and future-dated transfers
* View check images
* Pay bills
* Receive e-Bills through BillPay
* Online Banking Guarantee
Don't have a Sovereign Checking account? Open one online today - our online account process is simple, secure and convenient.
Review information was gleaned from the website, and is neither an endorsement by us nor an confirmation of content nor a warranty of any promises made by the website. Use the review information at your sole discretion and sole liability.
PCBBank.net Review - Copyright Preferred Community Bank
Gold Interest Checking Account
* Available to those 50 years and better
* No Minimum Balance Requirement
* Interest Checking Account - Earns interest at the current published Gold Account rate on balances of $1,000 or greater. No interest is earned for those days when the balance falls below $1,000. Rate may change after account is opened.
* FREE-No Monthly Service Charge
* FREE-Unlimited Check Writing
* FREE-Printed Checks
* FREE-Master Money® Debit Card
* FREE-Internet Banking and Bill Pay and Cashiers Checks.
* $100 minimum opening deposit
* Discounts on Interest Rates for Installment Loans when Payments are Automatically Deducted from Checking Account
Features available with our Preferred Checking Accounts are:
* Clear and concise statements to simplify record keeping
* Choice of checks and check registers to match your personal lifestyle
* Overdraft protection is available. Funds are automatically transferred from your Savings Account or another checking account to cover the overdraft. This service is subject to a per transfer fee.
* Funds can be automatically transferred from your Preferred Checking Account for payment on your PCB loan account in a timely manner
* Master Money® Debit Card-Accepted by millions of merchants worldwide; deducted directly from your Silver, Platinum, or Gold Account
* Direct Deposit of Social Security checks, government checks or payroll checks gives you quick access to your funds