Minimum balance fee: Make sure your checking account has enough money in it to avoid falling below a certain level; ATM fee: Don't use bank machines at banks other than your own; Teller fee: Don't go into a bank and get personal service from a bank employee; n.s.f. fee: Make sure there's enough money in the account to cover all checks written
Minimum balance fee: Make sure your checking account has enough money in it to avoid falling below a certain level
ATM fee: Don't use bank machines at banks other than your own
Teller fee: Don't go into a bank and get personal service from a bank employee
n.s.f. fee: Make sure there's enough money in the account to cover all checks written
No, a checking account is not correlated to your credit score. The only reason why you have to give your social security # is to prove that you have no outstanding debt with any other banks. ______________________________________ Actually, there is a correlation. Having a checking account doesn't improve your credit score, but you can be accepted or denied an account based on it. If you have bad credit, or no credit, you may be denied from a variety of bank checking accounts. I was told by my lawyer it does improve your credit if you keep your checking account in good standings he said the bank report it monthly to the crdit bureaus thats just what i was told
Yes. But it wouldn't be done without a reason.
A "debit" is a subtraction and "DDA" means checking account. You should contact your bank directly for information about exactly WHY your account was debited, but here are some possible reasons:- You requested a transfer to another account from your checking account, and a DDA debit form was used to complete the transfer- You are overdrafted on another account or owe the bank money and they have recollected their loss by debiting your checking account- You deposited checks and totaled them wrong on the deposit slip, so the bank has made an adjustment to reflect the correct total- You are being charged for another reason, such as a returned check
The primary reason interest checking accounts are hard to find is because of how they work. Interest checking accounts provide a mid to high interest rate on money in an account, along with the ability to write checks and transfer money. An interest checking account is a mix between an easily accessible account, which allows you to use checks and debit cards, and a high interest account, which usually doesn't allow the freedom to use checks.
The IRS does anything they feel like, as many times as they like. It was a major reason I moved to Canada.
No reason in the world why a legitimate business couldn't find a bank that will give them interest on their checking account. It isn't a common thing, but there is certainly nothing that prevents it legally.
It seems every bank out there is encouraging their customers to open up an online checking account. Banks have many reasons for wanting you to do your banking online. They may even entice you with certain small rewards like complementary checks or another free service. Banks encourage online banking because it benefits them financially. It is less costly for transactions to be handled by a computer than a live, breathing teller. The more people that are convinced to open an online checking account, the fewer tellers and other bank personnel needed.While it benefits the bank to have a robust online banking presence, how can an oline checking account benefit you?ConvenienceWithout doubt, this is probably the best reason for having an online checking account. You have access to your account 24 hours a day, 7 days a week. You don't have to wait a month for your bank statement to reconcile your checking account. If you want to know your current balance, all you have to do is go online and view your account. All of the same services you would find down at the physical bank are available from the comfort of your home.Paying Bills
There are pros and cons of having an offshore account. An offshore account can wave a red flag of warning to others thinking that there is something being hidden for some reason.
Not if the lawsuit is still going on, unless the lawsuit directly involves activity in that account. But until a creditor gets a judgment, it has no right to look at what you own for the simple reason that it has not yet proved that you owe anything.
There could be several reasons why a checking account gets blocked. Some common reasons include suspicious or fraudulent activity on the account, insufficient funds, violation of the bank's terms and conditions, or an administrative error. In such cases, it is best to contact the bank directly to understand the specific reason for the account block and to resolve any issues.
The surviving joint owner is the sole owner of the account and can maintain it or close it. That is the reason for having a joint account.
Banks cannot and do not close checking accounts without valid reasons. They may close the account if: * You have not maintained the minimum required balance * You have not operated your account for very long time * You issue too many cheques that bounce * You are suspected to carry out illegal activities like money laundering.