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Getting a checking account is not as hard as you might think. If you were turned down due to a credit check at a local bank, you should realize this happens to millions of people, but it is not the end of the road. There are actually cheaper, smarter methods to go about setting up a checking account.
GreendotOne answer to most checking account questions is Greendot." Greendot is a type of pre-paid credit card that you can pick up from most Walmart or Walgreens. This card, once activated, is usable just as any other credit or debit card. The catch is, it comes with an attached bank account from GE MoneyBank. This is for the same services as any other bank account, such as PayPal, direct deposit or ATM withdrawals. You can store money in this account and withdraw it whenever you believe necessary. It comes with the same routing and account numbers as any traditional checking account.
Store cardsGreendot is not the only company that realizes people need bank accounts, even with bad credit. Many stores offer in-store credit or debit cards. These cards all contain the same attached bank account that you can use for direct deposits or ATM withdrawals. This is always a great alternative when the local bank does not allow you to set up an account. These cards are often cheaper and come with less strings attached than the usual checking accounts.
Always review the interest rates and charges of any card you are considering purchasing. Check out all the available options, and make a wise decision.Always stay safe when you are setting up an account of any kind and make sure it is through a reputable source. Do not open up more cards than you can pay for, and try to keep your purchases limited when necessary. These cards are a great solution for when you need to set up a checking account in a hurry, but you still want to remain secure.
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How is a business checking account different from a personal checking account?
A business checking account is different from a personal checking account by the minimum amount of desposit. You can read more at www.business.com › Directory › Financial Services › Banking
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
Can I get a checking account at Wachovia?
You can get a checking account at Wachovia by filling out a form and submitting it to a local branch.
How can you open an online business checking account?
In order to open a business checking account online you first need to decide which bank you would like to have a checking account through. Then you should go to the website and follow the steps listed to open a checking account.
Is a checking account an asset?
From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.
Is it a US checking account or an US checking account?
A US checking Account
What is a checking account frequently referred to as?
A checking account is also called a transactional account or chequing account.
How can you get the bank route number and your checking account number?
Your bank routing number is on the left side of the checking account and the checking account is next to it.
What is the purpose of high interest checking?
"A high interst checking account is a type of checking account that earns interest. Usually these accounts have higher interest than a regular checking account, but not as high as a savings account."
How is a business checking account different from a personal checking account?
A business checking account is different from a personal checking account by the minimum amount of desposit. You can read more at www.business.com › Directory › Financial Services › Banking
What is the average return on a checking account?
average return on a checking account is about 0.1
Do you have to be 18 to have a checking account?
Yes it is required by law that you are 18+ to have a checking account.
Can collection agencies tap a personal bank account?
Yes! Creditors can garnish a personal checking account. As long as the creditor has the checking account info they can garnish a checking account.
What is the difference between a trust and a checking account?
a trust account means you trust the person that is opening the account, and a checking account means you will keep checking it to make everything is okay.
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
What does signatory mean on a checking account?
Signatory means that the person who owns the checking account has signed something linked to the checking account. This could be a document or a check.
How much Elvis have in checking account?
Impossible to know unless you have his checking account information.
