I think you can. The parties are at liberty to make this kind of agreement part of their contract. I know of no law that prohibits such a thing - it's not unlawful discrimination. And a tenant is at liberty to decline the apartment and go somewhere else.
Most states require the landlord to place the deposit in an interest-bearing account, protected from his creditors.
Yes
None. Even secured cards require a specified balance in a checking account, before they are granted.
a type of checking account that also earns intrest
Yes! Your landlord can require anything he wants in the lease.
You can walk into any main bank and open a checking account. Some might require a minimum balance, but I know others wont.
No. If the checking account is in your name then only your signature would suffice. Even in case of joint accounts, if only one of the account holders sign, the bank would treat that as a legitimate transaction and complete it.
Provident Bank does offer a totally free checking account without a minimum balance. This type of account also offers no fees, unlimited check transactions and no charge for deposited items.
Not all do. The purpose of a letter for rent payment is basically something a landlord can require prior to renting an apartment to you. This letter basically just states that you paid your rent on time every month. It is just a method landlords use to verify your rental history.
To do this, you typically need both the routing number and your checking account number. The exact process may vary depending on the type of Visa you are configuring, but generally, under the Pay Bill online section there will be a place to link a checking account of your choice. Some cards require a waiting period to confirm the information and may not be able to accept a payment immediately after entering such information.
The payment for the monthly rent will require an entry that debits the Rent Expense account to reflect the expense incurred for the period. Simultaneously, it will credit the Cash or Bank account to indicate the outflow of cash. This ensures that the financial records accurately represent the company's expenses and cash position.
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.