One of the most tempting deals is the “No interest for X months!” deal. Whether you get a pass on interest for three months, six months 12 months or even 18 months, it seems like a great deal. You can get what you want now, on credit, but without all the messiness that comes with paying interest.>>> [Read More]
Tag Archive: Savings account
Is Rewards Checking for You?
When you put money in the bank, the bank takes that money and lends it out to others, charging interest. The money you put into a savings account or CD earns interest for you, but it is a low rate of interest — one that is low enough that the difference between what the bank is paying you to keep the money, and the what the bank is getting for lending it out, results in a profit. Cash products come with low rates of return anyway because, for the most part, they are very low risk, guaranteeing that you get back what you put in (minus any applicable penalties and fees, of course).>>> [Read More]
How Will You Use Your Tax Refund?
If you are getting a tax refund, you might be wondering what to do with it. Before you decide to spend it all at once, consider your options.
Credit CARD Act: Keep an Eye on Bank Debit Card Fees
It’s very important that you remain vigilant when it comes to your finances. This is especially important in light of some of the changes that might be coming because of the Credit CARD Act. You might be surprised to know that some of the upcoming changes as a result of the new card rules actually affect debit cards.
