Credit and Debit Cards
Can you get a credit card with no job and no checking or savings account and if so where do you look?
Start with a department store card. If you can't get that start with a "secured" credit card. It will build credit and allow you to apply for a regular credit card down the road.
Asked in Credit and Debit Cards, Credit
Can you get a credit card if you have a decent job and make good money but have no checking or savings account?
What is the difference between a checking account and credit card account?
How does a credit card account differ from a checking account?
Asked in Bank of America
Is a credit card needed to sign in to Bank of America?
Can you get debt with a debit card?
Asked in Banking, Small Business Loans
What is an overdraft protection fee?
An overdraft protection fee is a fee assessed to your account when: 1. You have set up overdraft protection for your checking account, usually in the form of a savings account or line of credit/credit card; and 2. You spend more money than you have in your checking account. Overdraft protection transfers money from the linked savings account or line of credit/credit card in order to pay for the expenses that you did not have enough money for in your checking account. There is a fee for this transfer, but it is usually much less - sometimes a savings of 50% - than an insufficient funds fee, which you receive when you spend more money than you have and do not have overdraft protection.
How debit card different from credit card?
Asked in MasterCard
Is it possible to establish credit with debit cards with the MasterCard or Visa logo if you choose the credit option when you make purchases with them?
Asked in Credit and Debit Cards
Does capital one have monthly fees?
Asked in Credit and Debit Cards
What happens if you transfer money from your checking account to your credit card?
What does overdraft on your checking account mean?
== == Overdraft on your checking account happens when a withdraw or check written exceeds the funds in the account. Often banks will honor the withdraw or check but then charge the account owner on the borrowed funds. Many banks will offer overdraft protection which will pull money from a different account (often a savings account, line of credit, or credit card).
Asked in Improving Your Credit Rating, Credit
What steps can you take to build a sound credit rating?
How do core banking solutions work?
A core banking solution is a combination of one or more services that are focused on meeting the current (and future) needs of an individual or company. For example, the most basic "core banking solution" used with individuals combines the following elements: * Checking Account * Savings Account * Debit/ATM Card linked to the Checking Account The most basic "core banking solution" used with business combines the following elements: * Corporate Checking Account * Corporate Savings Account * Corporate Debit/ATM Card linked to the Checking Account * Corporate Credit Card(s)
You know that a bank can take money from one's account if they owe on a credit card but can that bank withdraw funds from a different bank's checking or savings account to pay off said credit card?
Asked in Accepting Credit Cards, Credit and Debit Cards, Loans, Mortgages, Credit Reports, Money Management, Bank of America
Can you pay Bank of America mortgage with credit card?
What is the difference between debit and credit card?
Asked in Credit and Debit Cards, Banking, Credit
Can a credit card company take money out of your account without an electronic signature and without your approval even if you cancel the transaction?
Generally, no, unless you cancel the transaction after the fact. If you have made a payment to the credit card company and cancel after the time the transaction was made, yes, the credit card company may take money out of your checking/savings account. If you made some mistake when using your credit card which resulted in a fee or finance charge, the credit card company may put that amount on your credit card bill but may not take the amount out of your checking/savings account unless you specifically ask them to. If you have automatic payments set up, the credit card company may honor those instructions until you send them a WRITTEN request to change the setup. Most card companies allow you to bypass the written component and change automatic payments online.