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Bank of America reduces overdraft fees: Opting out is now an option!

Bank of America reduces overdraft fees: Opting out is now an option!

It is a huge deal when banks charge everyone and their mother huge overdraft fees. Bank of America was one of the worst. The bank would hold your deposits or allow small transactions to go through prior to the larger deposit being made. Of course, …

10 Reasons Your Bank Never Wanted You to Read This

10 Reasons Your Bank Never Wanted You to Read This

1. The banks are really in survival mode, but they will never admit it.
I recently switched banks. Every single bank I walked into told me they were in good shape. Wow. In an economy that caused some people to commit suicide, every bank in Maryland …

Opting out of overdraft programs at the bank?

The FDIC did a study over several banks finding that most banks are automatically enrolling customers in overdraft programs so that we can get an overdraft at the bank. The study finds that the larger the bank, the more likely it is to process …

Cash or Charge?

I read an article over at Yahoo today that said more people are using old fashioned cash instead of credit cards for everyday purchases. In my opinion, maybe some people should carry cash to keep them from spending more than they wanted to, maxing out …