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CHECKING ACCOUNTS » High Yield Checking

Posted in Banking, Checking Accounts, Personal Checking

Checking accounts are often the first step for financial freedom for many.

For teenagers, it can be an excellent learning tool as far as building money management skills. For those just entering the workforce, you can hook it up to direct deposit so you can pay your rent. For everyone else, it is just a huge convenience and time saver. But with the privilege of managing a checking account comes the responsibility of balancing your checkbook.

With the advent of online banking, it may sound like an antiquated notion, but it is still extremely important to balance your checking account regularly.

Protecting against checking fraud

Everyone knows that fraud and identity theft are on the rise. By taking the time to resolve your checking account with your account statements and the checks and withdrawals you made, you can quickly detect anydiscrepancies. The quicker you react, the faster the bank can freeze your account to prevent any additional theft from happening.

Catching banking errors

Like the infamous Monopoly card reads "bank makes error..." and it may be up to you to catch it. For example, what if you opt into direct deposit through your employer and for some reason your paycheck was deposited into someone else's account?

Without checking and balancing your checking account you may not realize the error until you receive notifications from your landlord, electric company and others saying you are past due on your account. Checking your account balances regularly will help prevent that.

Consider you receive a letter from the IRS requesting that you pay thousands of dollars in back taxes as they have no record of it. If you regularly balance your checking account, you will more easily remember when those checks cleared and organize the paperwork to prove them wrong and keep you in good standing with the government.

Keeping mistakes from becoming catastrophes

Most importantly, everyone makes mistakes and by balancing your checking account you can prevent them from evolving into catastrophes. Even the greatest mathematician can make an error and misjudge their finances or the timing of a bill payment. If you regularly calculate your checking account balance, you can catch those errors before they take place and prevent being saddled with overdraft fees for "insufficient funds."

Whether you want to kick it old school and manually track the balance of your checking account in a book or just track your account online, do it. Maintaining and keeping track of your checking account is an important step for proper money management.


Posted in Banking, Checking Accounts, Local Banks, Rates

If you live in one of the Northeastern states, you can take advantage of a special $100 checking bonus promotional deal from Sovereign Bank.

The conditions for obtaining the $100 bonus include:

  • Open Sovereign Premiere or Interest Checking account with $100 opening deposit.
  • Add or have Sovereign Savings or Money Market Savings accounts with $100 opening deposit.
  • Enroll in free online banking.
  • Use Sovereign CheckCard to make 2 qualified purchases within 60 days.

After qualifying, you will receive $100 in your checking account within 75 days of opening.

This checking account special is available for the following states: Maine, Vermont, New Hampshire, Connecticut, Rhode Island, Massachusetts, New York, New Jersey, Pennsylvania, West Virginia, Maryland, Delaware, and Washington D.C.

This promotional deal will expire on October 30, 2009.

>> Checking Account Bonus Deals

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.


Posted in Banking, Checking Accounts, Credit Union, Rates

hawthorne-credit-union-checking-account-deal

Hawthorne Credit Union is offering an exciting new checking account that pays cash back for every time you use your check card. For every time you use your Hawthorne Visa Check Card and sign your purchase you get 5 cents back. With this checking account there is no balance requirements or...



Read Full Article: Hawthorne Credit Union Offers Great Checking Account that Pays you Money

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Advantage Plus Federal Credit Union in Idaho is offering a competitive 4.51% APY for amounts up to $25,000 on its Rewards Checking Account . Here is a breakdown of the qualification rates:

  • 4.51% APY - $0.01 - $25,000
  • 1.01% APY - over $25,000
  • 0.50% APY if qualifications aren't met

In order to...



Read Full Article: 4.51% APY on Rewards Checking - Advantage Plus Federal Credit Union

Posted in Banking, Checking Accounts

Checking accounts are an essential money management tool every person. Whether you are going to college, getting your first apartment or going through a divorce a checking account can be an extremely liberating financial tool to utilize.

If you are finally ready to open a checking account,...



Read Full Article: Four Steps to a New Checking Account

Posted in Banking, Checking Accounts, Credit Union, Personal Checking, Rates

xceed-financial-credit-union-checking-account-offer

This week as part of Xceed Financial Credit Union's Grand Opening week and they are offering a 1.60% APY checking account . The checking account is called the "Seekmore Checking."

This checking account does not require a direct deposit and requires membership through one of their Select Employer...



Read Full Article: Xceed Financial Credit Union Offers 1.60% APY on Checking Account for Grand Opening

Posted in Banking, Checking Accounts, High Yield Checking, Local Banks, Rates

Back to Home Page

At First National Bank of Syracuse in Kansas, you can take advantage of 5.01% APY on balances up to $35,000 with the Dream Checking Account . Here's what it takes to qualify for this special rate:

  • Make 10 debit card purchases
  • Set up one direct deposit or automatic payment
  • Enroll and receive...


Read Full Article: Dream Checking Offers 5.01% APY at First National Bank of Syracuse

Posted in Banking, Checking Accounts, Local Banks, Rates

Union State Bank in Kansas is offering an impressive 5.01% APY on its " My Rewards Checking Account ." Here are the qualification rates for this account:

  • 5.01% APY for balances up to $25,000
  • 1.50% APY for balances over $25,000
  • 0.30% APY base rate if requirements not met

In order to meet the...



Read Full Article: 5.01% APY for My Rewards Checking - Union State Bank

Posted in Banking, Checking Accounts, Local Banks, Rates

Nowadays, you can find some promising high-yield checking accounts and the Reward Checking Account from Grand Bank of Texas is no exception. Offering a 5.02% APY , it is one of the best deals in the state.

Here's a sample of the Rewards:

  • 5.02% APY paid on the portion of your balance below...


Read Full Article: Reward Checking from Grand Bank of Texas Offers 5.02% APY

Posted in Banking, Checking Accounts, Credit Union, Rates

Welcome To Entrust FCU

Entrust Federal Credit Union in Virginia is offering 3.50% APY on its Bonus Checking Account . The details of this account are as follows:

  • Must maintain balance of $0 - $25,000
  • Requires 12 Visa Check Card purchases monthly
  • Must set up one direct deposit or ACH debit
  • Must receive monthly...


Read Full Article: Entrust Federal Credit Union - 3.50% APY on Bonus Checking Account

About Checking Accounts

A checking account, or a transactional account where a depositor can write checks that are payable on demand, is an important component in anyone's banking portfolio. Checking accounts are available from nearly every bank, the FDIC backs them, and there are many options for consumers to compare and choose from.

Some options to consider when looking for the best checking account are free checking, complimentary ATM cards, transaction limitations, overdraft protection, general rates and whether your checking account can earn an interest rate.

Typically checking accounts that do offer interest rates tend to have a high minimum deposit requirement. However, most banking institutions offer checking accounts with very little deposit needed to get the account up and operational.

If you are looking for the best checking account, think about what options you really need. Then compare all the options out there and choose wisely.

Checking Accounts Tips and Benefits

Knowing the ins and outs of using a checking account for your financial gain is a plus. With Checking accounts, you are able to manage your finances and make payments easier. Your money is safe since most banks and credit unions are FDIC- or NCUA-insured, respectively. Here are some useful facts and information about checking accounts:

Current Checking Accounts News

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