Banking

While small banks and credit unions are a great option, don’t leave the big names off your list, either. Chase Bank is a big name in the industry, and they offer their customers quite a few benefits. Right now, in fact, is an excellent time to sign up for a new account at Chase Bank…

When it comes to banking, millennials are a little different. For instance, were less likely than our parents to choose a big bank or even a local credit union. In fact, a 2016 FICO survey showed 16 percent of millennials were considering opening an account with an online-only bank. What do our banking quirks mean…

Capital One, Discover, and Chase all offer a variety of financial services, including online banking. Online bank accounts are a great place to store your money. They’re just as safe as physical banks and make it convenient to access your money from anywhere. They also tend to pay higher interest rates than brick-and-mortar banks and…

The American Express® High Yield Savings Account works like most savings accounts. Funds deposited in the account earn interest. You can withdraw money from the account at any time. Keep in mind, however, that you are limited to six withdrawals per month. This limitation is not set by American Express (FDIC Certificate #35328). It’s actually…

Wiring money can be a secure way to move funds quickly, but it often comes with a hefty fee. There are ways to reduce wire transfer fees or avoid them altogether if you know how. Banks charge wire transfer fees both on outgoing and incoming wires. This means that if you want to wire someone…

About HSBC HSBC is the largest bank in Europe and the seventh-largest in the world. The bank handles both business and personal clients, as well as corporate accounts. In the US, they operate as HSBC Bank USA, NA, headquartered in both New York City and McLean, Virginia, and employ 43,000 workers nationwide. They offer the…

Synchrony Bank is a newcomer to the online banking market, and it offers an interesting blend of old-fashioned and high-tech banking. Like many online banks, it runs on a lightweight business model so it can offer lower fees and higher rates of return. Unlike online-only banks like Ally, Synchrony has a physical location in Bridgewater,…

Have you ever been turned down for a checking account? While denials are more common when applying for credit, you can also be declined when applying for a bank account. If you have been declined, it’s likely due to a reporting agency that many have never heard of, but who has a lot of information…