Articles

Selected category: Banks

People's Bank and Trust of Pickett County Offering 1.90% APY 12-Month CD

People's Bank and Trust of Pickett County Offering is offering a 1.90% APY 12-Month CD. That's one of the most competitive 12-month cd rates for any bank in the country.

Read →

BestCashCow Research: Banks That Offer High Rates As Stable Or More Stable Than Their Peers

One question I frequently get asked when discussing bank rates is whether higher rates are usually offered by distressed banks. The thinking goes that distressed banks need to hang on to deposit dollars in order to maintain their... Read →

JPMorgan Has Found Consumer Breaking Point for ATM Fees

Banks are constantly trying to add fees to accounts. The greatest and most prevalent are ATM fees. However JPMorgan found the consumer breaking point.

Read →
New England States Have Safest Banks; Georgia and Florida the Least Safe Image pinterest.com

New England States Have Safest Banks; Georgia and Florida the Least Safe

Looking for the safest banks in the country? According to data from BestCashCow, you should look to New England. Along with snow, steepled churches and the New England Patriots, the New England states have the safest banks based on average weighed Texas Ratios.

Read →
Have $10,000 to Deposit? If So, Capital One Offers Nice Bonuses Image Image courtesy of Serge Bertasius Photography at FreeDigitalPhotos.net

Have $10,000 to Deposit? If So, Capital One Offers Nice Bonuses

If you're one of the lucky people who have $10,000 or more to deposit in a liquid savings account, Capital One is offering a $50 bonus for opening an account plus an extra 10% quarterly bonus on all interest earned.

Read →
Citizens Bank Offers New Customers Up to $240; Additional Bonuses Available for Going Green Image Image courtesy of alex_ugalek at FreeDigitalPhotos.net

Citizens Bank Offers New Customers Up to $240; Additional Bonuses Available for Going Green

If you use bill pay often, Citizens Bank will pay new checking customers $40 a month for each month you make at least 5 bill pay transactions of $50 or more. The offer is good for up to 6 months, so you can get paid up to $240. Additionally, if you open a Green Checking account, you can earn even more money in bonuses.

Read →

Have a Little to Invest for the Long Term? Check Out Astoria Federal Savings CDs

If you have only $500 to invest for the long term, Astoria Federal Savings offers 2.65% APY for a five-year CD. Additionally, you can withdrawal your credited interest without penalty, if needed.

Read →

Internet Banks - Not Always the Best Deals

Just because a bank is online-only doesn't mean it offers the best APY or that its accounts are without maintenance fees, as this example from CalFirst shows.

Read →

Banks in the Heartland of the US Have the Highest CD Rates

Not all states are equal - at least when it comes to CD rates. Those are the findings from an analysis run by BestCashCow.com on its database of bank rates.

Read →
A Small Victory for the Average Person - Overdrafts at Citi May Not do as Much Damage Image Image courtesy of stockimages at FreeDigitalPhotos.net

A Small Victory for the Average Person - Overdrafts at Citi May Not do as Much Damage

Traditionally, banks will process the largest outstanding debit to one's account first. This largest to smallest protocol results in more overdrafts, which result in more fees being aid to the bank. However Citibank is reversing the order to the benefit of all of its customers.

Read →
Banks and Brokerages Still Rolling out Bonuses and Rewards for Opening Accounts Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Banks and Brokerages Still Rolling out Bonuses and Rewards for Opening Accounts

Banks have often rolled out the red carpet and offered incentives to try to attract new money. Even in this age of extremely low interest rates banks and brokerages are still offering rewards to get a hold of your cash.

Read →

Senator Dick Durbin Argues that Credit and Debit Card Markets Are a Monopoly and Government Intervention is Required

Illinois Senator Dick Durban makes the argument that excessive fees for accepting credit cards and debit cards are impairing Small Businesses as well as consumers to the benefit of the country's largest banks.

Read →

Chase, Wells Fargo and Other Banks Cancel Debit Card Rewards Program

Chase, Wells Fargo, and SunTrust recently announced they are cancelling their debit card reward program in response to the new rulings on "swipe fees" that limit the amount that large banks can charge retailers for debit card... Read →
CheckSpring Bank -The Bank for the Underbanked Image shutterstock

CheckSpring Bank -The Bank for the Underbanked

many banks actively motivate change in their community. Checkspring Bank is one such bank as its business model is focused around assisting the unbanked or underbanked.

Read →
First Federal Savings of Pascagoula Offering 3.25% APY 60-Month CD Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

First Federal Savings of Pascagoula Offering 3.25% APY 60-Month CD

First Federal Savings and Loan of Pascagoula, MS is offering a 3.25% APY 60-Month CD. That's the highest rate in the nation according to the BestCashCow CD rate tables.

Read →