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    • credit

      Taking Credit Card Offers Hurts Your Credit

      Last week, I wrote about how to turn your good credit into cash. I purposely excluded credit card offers from the list because I wanted things that, should you implement them, wouldn't hurt your credit. Today, I want to warn to the overzealous. More »

      12:02 PM on Sat Nov 7 2009
      By Bargaineering.com
      4,601 views, 18 comments

      Most discussed Eldritch: Sorry, I don't think the economy is recovering and I wish people would stop saying it. With unemployment up 10% more »

    • hot infographics

      Revealing The Hidden Cost Of PrePaid Debit Cards

      With credit cards harder to come by and more annoying to use, the prepaid debit card market is projected to explode from $8.7 billion loaded on the cards to $119 billion in 2012, but a good chunk of that is going to be eaten up by hidden fees and gotchas. This sexy graphic visualization shows how. More »

      9:22 AM on Fri Oct 30 2009
      By Ben Popken
      6,600 views, 45 comments

      Most discussed NeverLetMeDown: That graphic is awful. The pseudo-3D view makes it incredibly difficult to actually compare column heights, columns of similar height more »

    • banking

      "I Mailed A Check, So Why Is It Showing Up As An Electronic Debit?"

      Dylan wants to know why the check he mailed in for a payment wasn't processed as a check, but instead was converted into an electronic debit. In particular, he's worried that now the business might use his info to set up a recurring charge. More »

      5:05 PM on Thu Oct 29 2009
      By Chris Walters
      13,351 views, 44 comments

      Most discussed kc2gvx: Who still writes paper checks? more »

    • Bank Failures

      100 Bank Failures And Counting!

      "More banks have failed in 2009 than the rest of the decade combined," writes Ariel Nelson at CNBC. Today, Partners Bank in Naples, Florida closed its doors, making it the 100th bank to fail this year. Click the link to see a map of where bank failures have happened the most over the past 10 months.

      "100th Bank Failure of the Year" [CNBC]
      (Photo: naught_facility)

      6:28 PM on Fri Oct 23 2009
      By Chris Walters
      2,599 views, 29 comments

      Most discussed The-Lone-Gunman: Curious: How are foreign banks faring? Are they experiencing the same rate of failure overseas, or is this primarily a more »

    • hidden fees

      Prepaid Debit Cards Are Money Sucking Black Holes In Your Pocket

      Be very careful about activating any sort of over-the-counter prepaid debit card, reports the New York Times. They looked at a handful of prepaids currently on the market and discovered ridiculously high hidden fees—the first two months of use can cost you up to $80. More »

      2:30 PM on Thu Oct 8 2009
      By Chris Walters
      5,564 views, 26 comments

      Most discussed Oranges w/ Cheese...: Figures as much, and then if you DON'T use them, the "inactivity fees" will eat through your balance as well. BTW: more »

    • phishing

      FBI Charges 100 People In Phishing Investigation

      Since 2007, the FBI and authorities in Egypt have been running an investigation they've called "Operation Phish Phry," sigh, and this week it paid off with 53 charges against U.S. defendants and 47 against people in Egypt. Three of the 53 in the U.S. have been arrested, and the FBI are looking for the other 50. To prove you're not one of the remaining 50, please send the FBI your login credentials to your bank. Ha ha, we kid. More »

      5:59 PM on Wed Oct 7 2009
      By Chris Walters
      2,082 views, 17 comments

      Most discussed Fresh-Fest-1986: When we get them in Phederal court they will be wishing they didn't phuck with our Phreedom! The Pheds really Phlipped more »

    • propaganda

      How The Banking Industry Wants You To Think About Overdraft Fees

      Earlier today, a public relations person sent in the following suggested "follow up" story about the explosion in overdraft fees. She was quite friendly and complimentary and made it clear she just wants to help educate consumers about banking fees. The only problem is, the entire story is a jumble of propaganda designed to spread FUD about any attempt to change current overdraft policies. We figured it might be fun to see how the banking industry wants you to think. More »

      11:30 AM on Wed Oct 7 2009
      By Chris Walters
      12,142 views, 172 comments

      Most discussed sammy_b: Perhaps I am oversimplifying or misreading the article, but if you overdraft your account, shouldn't you be responsible, even if more »

    • CFPA

      Consumer And Banking Scholars Speak Out In Favor Of Consumer Financial Protection Agency

      Earlier this week, a group of 70 law professors from universities across the country released a 16-page Statement of Support (pdf) detailing why they're in favor of the proposed Consumer Financial Protection Act. You can read the statement yourself via the link above, but we've summarized them below. More »

      3:22 PM on Fri Oct 2 2009
      By Chris Walters
      1,800 views, 14 comments

      Most discussed Skaperen: What we really need is a "public option" bank. more »

    • banking

      All About Reward Checking Accounts

      Reward checking accounts offer above market interest rates, higher than almost any other bank deposit account, if you can satisfy their requirements. More »

      12:39 PM on Fri Oct 2 2009
      By Bargaineering.com
      2,346 views, 11 comments

    • banks

      Citibank Markets To Only Rich People, Large Cities

      True to its name, we suppose, Citibank will be focusing its marketing efforts on six major U.S. metropolitan areas and wealthy customers, and not the rest of us deadbeats. More »

      4:00 PM on Sat Sep 26 2009
      By Laura Northrup
      6,424 views, 50 comments

    • overdraft fees

      Wells Fargo Also Pledges To Reduce Overdraft Fees

      Chase and Bank of America aren't the only ones suddenly growing pseudo-human faces and reducing their money-sucking overdraft policies. Today Wells Fargo squirted out a press release that says they "will eliminate overdraft fees for customers when they overdraw their accounts by $5 or less and will charge no more than four overdraft fees per day." More »

      8:47 PM on Wed Sep 23 2009
      By Chris Walters
      2,270 views, 19 comments

      Most discussed halcyon22: Is there any possibility that WF will stop charging me $2.00 every time I use a non-Wells Fargo ATM? If more »

    • opposite day

      FDIC May Ask Banks For Bailout

      Due to the record number of bank failures this year, the FDIC is low on funds. Instead of borrowing from the Treasury as they did in the early '90s savings and loan crisis, regulators have a new idea: asking banks for a bailout. More »

      1:20 PM on Tue Sep 22 2009
      By Laura Northrup
      4,219 views, 56 comments

      Most discussed aftercancer: God I am so sick of this. I should pay for a bailout of the FDIC because not doing so more »

    • personal finance

      Where To Find Great Personal Finance Writing Online

      If you don't know about the Carnival of Personal Finance, it's a weekly round-up of interesting posts from the glut of personal finance blogs and websites that now litter the web. I discovered two of today's posts—the 23 debt-saving tips and the the alkaline-vs-rechargeables story—through the most recent Carnival. More »

      5:34 PM on Mon Sep 21 2009
      By Chris Walters
      2,506 views, 7 comments

      Most discussed humphrmi: I hate articles that boil down how to achieve financial independence into X simple steps. In such simplistic terms, more »

    • banking

      Bank Of America Has High Money Order Fees, Teller Recommends You Go Elsewhere

      Christian writes in telling us he went into Bank of America looking for a cashier's check or money order, and the teller was so embarrassed of his bank's high fees — for customers, mind you — he recommended Christian look elsewhere. He writes: More »

      9:57 AM on Fri Sep 18 2009
      By Phil Villarreal
      10,271 views, 64 comments

      Most discussed SkokieGuy: How much time does it cost to prepare a money order? 5 minutes? What is the overhead for a business? more »

    • banking

      The Free Checking Account Myth

      One of the biggest myths of the financial industry is the "free" checking account. They have high minimum balance requirements, offer 0% interest, and have other annoying requirements. The worst part is that they're not even free. More »

      12:11 PM on Sat Sep 12 2009
      By Bargaineering.com
      13,946 views, 97 comments

    • plastic only

      NYC Restaurant Stops Accepting Cash

      If you decide to eat at Commerce, an unpleasantly named upscale restaurant in New York City that charges nearly $25 for spaghetti, your cash is no longer welcome.

      "If you don't have a credit card, you can use a debit card," said the restaurant's co-owner, Tony Zazula. "If you don't have a debit card, you probably don't have a checking account. And if you don't have a checking account, you probably shouldn't be eating at Commerce to begin with."

      More »

      10:46 AM on Fri Sep 11 2009
      By Chris Walters
      15,294 views, 273 comments

    • trapped

      Bank Piles On Overdraft Fees Due To Merchant Error, Doesn't Seem Too Keen On Refunding Them

      Here's a story from a reader about a bad bank practice that we hear about too frequently—a bank cascades hundreds of dollars worth of overdraft fees on an error that's beyond the customer's control, but then is unresponsive or uncooperative on refunding those fees. More »

      4:43 PM on Thu Sep 10 2009
      By Chris Walters
      13,090 views, 86 comments

      Most discussed Saboth: This is why I don't use debit cards to buy something. Who knows what will happen? I'd prefer to use more »

    • when profit models go bad

      Banks Cling To Overdraft Fees Because They Need Them To Survive

      Banks now make more on debit card overdraft fees than credit card penalties—they'll rake in about $27 billion in 2009 alone, according to the New York Times. They obviously have zero incentive to curb the practice. In fact, one economist told the paper that "45 percent of the nation's banks and credit unions collect more from overdraft services than they make in profits." More »

      3:36 PM on Thu Sep 10 2009
      By Chris Walters
      5,898 views, 92 comments

      Most discussed MattAlbie: I'd be *fine* with overdraft fees if there was some kind of limit to them. Yes, I overdrafted, I should more »

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    • 1-18 of 406 for "Banking"

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