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Can you get a credit card if you have a decent job and make good money but have no checking or savings account?
Wiki User
∙ 8y ago
While a checking and savings account may factor into the decision whether or not to grant you a credit card, a much larger factor would be whether or not you have established other credit accounts.
Wiki User
∙ 8y ago
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Can you save money with a high interest savings account?
Yes, a high interest account is a very desirable savings account because you will gain a decent amount of interest on your money. You will gain much more money if you get compound interest by saving more money into the account monthly.
What national banks offer the best interest rates on savings accounts?
American Express and Discover Bank, though best known for their credit cards, both have online savings programs at 1.15%. This is higher than most other decent banks by about .15%
If you are in good standing in your credit report what credit score do you have?
Scores of 700 or above suggest a decent credit report.
Why is making a bank account the best way to invest money?
Making a bank account is not necessarily the best way to invest money. There are savings accounts that earn decent, predictable returns. However, there are so many investment opportunities available that one should not limit themselves to just this.
How many points will your credit score drop if you go over your credit limit?
Make sure that you stay below 30% of the credit limit if you want to have a decent credit score. There is a scoring module that Credit Reporting Agencies go by that we as the consumers don't know about. I will tell from experience that your score could decrease anywhere from 10 - 20 points from each bureau that your account is being reported with.
Are need cash loans safe to get?
Cash advance loans are easy to get if you meet the qualifications. You have to have decent credit, a checking account, and a job. Then you can get one at Rent To Own or any cash advance place.
Can you save money with a high interest savings account?
Yes, a high interest account is a very desirable savings account because you will gain a decent amount of interest on your money. You will gain much more money if you get compound interest by saving more money into the account monthly.
Which bank savings account is the best to use if I want a high rate of return?
In the current economic situation, very few banks are giving a decent rate of interest on savings account, if any. A better option would be to invest in fixed deposits or municipal bonds or other govt. securities that are safe and give a good rate of interest. A list comparing the rates of different national banks is available at http://www.bargaineering.com/articles/top-5-online-banks-savings-or-checking-accounts.html.
What should I ask when opening a checking account?
Just visit any bank that you would like to open a checking account in and sit at the new account desk. The person sitting at the new account desk would show you a brochure of all sorts of checking accounts and their fees. Some doesn't have fees if the place you work at offers direct deposit.
You Can Save Money With A Free Checking Account?
If you need a bank account, you should consider opening a free checking account. Many banks and credit unions offer these kinds of accounts. Read this guide if you want to find out more about free checking accounts. You can save money by opening a free checking account. Typically, financial institutions require that people deposit a small amount of money in order to open an account. However, some financial institutions require that account holders keep a certain amount of money in the accounts in order to keep the accounts free. If your account requires a minimum balance and you do not keep that amount in the account, you will be charged a small fee for the month you fell below. However, some financial institutions do not require a minimum balance, so you should shop around until you find the best deal if you do not plan to keep a lot of money in your checking account. Free checking accounts usually come with many attractive feature like free ATM or debit cards, no charges for ACH transactions, no charges for direct deposit, free online access to the account, free online bill payment, free checks, overdraft plans, and unlimited check-writing each month. Many financial institutions offer low interest rates on checking accounts, so you should definitely shop around until you find a bank or credit union that offers decent rates. You can open a free checking account online with many banks and financial institutions. If you open the account online, you will have to make a deposit to the account online, in person, or by mail. Alternatively, you can drive to a bank or credit union to open a checking account. Visit banks and credit unions online and find out which companies offer free checking accounts before you visit them in person. You can save about $50-$80 a year if you take advantage of free checking accounts, so it is worth it.
What does Capital One Savings provide?
Online savings account which has a great savings rate and free online transfers to and from accounts. You get rewarded for saving your money too; not just for spending. The money market rewards accounts gives you points for travel, cash, etc. High yield money market account - decent rate for online transfers, checks and ATM cards also.
What national banks offer the best interest rates on savings accounts?
American Express and Discover Bank, though best known for their credit cards, both have online savings programs at 1.15%. This is higher than most other decent banks by about .15%
How to Open and Use a Savings Account?
You should always strive to be as financially stable as possible in all aspects of life. Unfortunately, many people apply for credit cards and loans because they have an emergency expense that they do not have the money for. Thankfully, there is a way to avoid this type of debt by having enough money for anything that life happens to throw at you. This particular method is to open a good quality savings account and to put money into it each week or each month. Opening a savings account is one of the best ways to save money so that you have it in times of need. You will first want to take a look at local banks that offer savings accounts. Some of these banks will have minimums on them that will need to be followed. You may also be able to gather a little bit of interest on your account over time by having it opened and above the minimum requirement. Certain banks have a very small interest rate while others will help you to accumulate a lot of money every single month just on interest alone. The important thing is to find a bank that is reasonable and has good rates so that you can easily save a decent amount of money for your family. When it comes to actually putting money into the account, you will need to establish a plan for yourself. Many people put in a set amount of money into the savings account at the end of the month. This will work well if you are on a tight budget, but you may find that it takes you a long time to accumulate a decent amount of money. The best way to increase the amount in your savings account is to put money into it every single week. You can determine the amount that you put into the account depending on your family's salary and the type of budget that you currently have. You will find it easy to accumulate a decent amount of money when you actually put funds into the savings account and leave the money there for an emergency situation at home.
If you are in good standing in your credit report what credit score do you have?
Scores of 700 or above suggest a decent credit report.
Why is making a bank account the best way to invest money?
Making a bank account is not necessarily the best way to invest money. There are savings accounts that earn decent, predictable returns. However, there are so many investment opportunities available that one should not limit themselves to just this.
Can anyone give you a decent runescape account?
You can get a free RuneScape account on the game's website.
How many points will your credit score drop if you go over your credit limit?
Make sure that you stay below 30% of the credit limit if you want to have a decent credit score. There is a scoring module that Credit Reporting Agencies go by that we as the consumers don't know about. I will tell from experience that your score could decrease anywhere from 10 - 20 points from each bureau that your account is being reported with.
