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Wachovia Bank College Visa® Credit Card

Posted in January 12th, 2010
by admin in Credit Card Reviews

Wachovia Bank offers a variety of consumer retail banking services including credit card services.  The Wachovia Bank college credit card is one of the credit cards promoted by Wachovia Bank. 
With the Wachovia Bank College Visa® credit card, credit card account holders can shop online, buy books, pay regular monthly bills, and have access to credit [...]

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Fifth Third Bank Prime Platinum Credit Card Review

Posted in December 18th, 2009
by admin in Credit Card Reviews

The Fifth Third Bank Platinum Prime credit card is categorized as a premium, low rate credit card.  This card is designed for consumers with a good to excellent credit history.  This bank credit card would benefit individuals who wish to take advantage of the low interest rates currently promoted on the card.
The credit card comes [...]

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SunTrust Bank Credit Card Review Signature Visa Credit Card

Posted in November 30th, 2009
by admin in Credit Card Reviews

SunTrust Bank offers a number consumer deposit and credit products.  Included among the variety of consumer credit products are several credit card offers.  One of SunTrust Bank credit card offers is the Signature Visa Credit Card.  This bank credit card is marketed as premium rewards credit card.
With the Signature Visa Credit Card, the account holder [...]

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Bad Credit Options with Unsecured Credit Cards

Posted in November 26th, 2009
by admin in Credit Card News

Having poor credit doesn’t mean that a new credit card is out of reach.  Within the credit card industry, there are a variety of options available for consumers who have bad credit who need to obtain a new credit card.  Of course, there are numerous reasons to want a credit card even with less than [...]

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Credit Card Offers, Trustco Bank Maximum Rewards Visa Credit Card

Posted in November 24th, 2009
by admin in Credit Card Reviews

Trustco Bank which is headquartered in Glenville, NY and currently operates over 125 bank branch offices, the bank is also a large issuer of bank credit cards.  One such bank credit card offer is the Trustco Bank Maximum Rewards Visa Credit Card.
The Trustco Bank credit card is a truly a maximum credit card reward generator.  [...]

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Default Credit Card Rates

Posted in November 16th, 2009
by admin in Credit Card News

Most all the bank credit card companies will raise the interest rate when a consumer is late on their monthly credit card payments on other accounts not related to the issuing credit card company.  This increased credit card rate is known as universal default or the universal default rate. 
Defaulting on a credit card is not [...]

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Prepaid Credit Cards for those with Less Than Perfect Credit

Posted in November 10th, 2009
by admin in Credit Card News

Many credit card applicants that are denied a new credit card are denied primarily because of a poor credit history or poor credit score.  Unfortunately for these consumers, credit card services are becoming an indispensable tool and the lack of access to a credit card can be a significant inconvenience. 
Credit card services are often needed [...]

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CD Rate Updates

CD Interest Rates Continue to Fall July 19, 2010

National certificate of deposit rates once again moved lower for the week ending July 16, 2010. According to the most recent survey of bank CD rates performed by Selectcdrates.com, CD interest rates were lower for three of the five CD maturities measured and remained unchanged for the remaining two terms.
The average of the top [...]

Bank CD Interest Rates June 21, 2010

Certificate of deposit interest rates were just fractionally lower for the week ending June 18, 2010 based on the survey of bank CD rates performed by Selectcdrates.com. National CD rates for the three month, six month and two year maturities ended the week unchanged from the prior week. The one year and five [...]

Bank Certificate of Deposit Rates June 14, 2010

Certificate of deposit interest rates ended the week on June 11th with mixed results across the various maturities. The average yield for the five year CD rates ended with a gain on the week while the six month and one year term CDs remained unchanged. Unfortunately, the average rate on the top ten [...]

Banking & CD FAQs

I have a cashiers check from a bank after an insurance settlement, the check is written as payable to just myself. Can I deposit this into my joint account or do I need to open a single account?
You should have no problem depositing the check to your joint account just as you would any other check that is written to either yourself or the other party on your joint account.
If a check I receive or money order turns out to be fake, isn’t that the bank’s problem, not mine?
You are responsible for the checks and money orders you deposit. That’s because you are in the best position to determine how risky the transaction is, you are the one dealing directly with the person who is arranging for the payment to be sent to you. When a check or money order bounces,
Does the federal government insure money market funds?
No, an investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Why do so many people tell me that online banking makes budgeting easy?
For many consumers online banking makes sticking to their budget easier. Online bank management makes it effortless to sort through the bills you have and the amount you have paid on them during any time period. Frequently online bank customers are more conscientious as to how much money is available in their core
National Averages
CD Rates, Bank Rates,
Fund Rates and Key Rates
6 Month CD Rates
1.18%

1 Year CD Rates
1.49%

2 Year CD Rates
1.85%

5 Year CD Rates
2.85%

-----------------
Money Market Act. Rates
1.21%

Savings Account Rates
1.39%

Money Market Fund Rates
3.11%

Tax Exempt Fund Rates
2.39%

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Bank & CD Tips

Bank Fees, Credit Card Rates and Credit Card Fees
Credit card fees and bank fees are too of the biggest recurring fees consumers are charged by financial institutions.  Maintain the right bank account to avoid low balance fees and overdraft fees on your checking account.  For credit cards, search for the best credit card with a low interest rate and avoid making the monthly
Informed Investors Compare and Shop Information and Markets
Do not give control of your money to someone else without monitoring and understanding every detail.  This is not saying that you should not let someone else help you manage your money.  It means you should not blindly follow someones advice or money management techniques whether this advice for stock holdings, the direction of interest
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