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Bank of America – Checking Account

February 26, 2010 — henryc134

Bank of America’s checking accounts are some of the most full featured accounts out there. With thousands of local branches and ATMs, online bill pay and a horde of other banking services, a Bank of America checking account can be the staple that holds your personal finances together.

Though it’s far from a savings account that offers interest, a Bank of America checking account can be better than a low interest credit card. It can serve as the account that you use to pay all of your bills and manage your money.
Their current Free Checking account comes with no monthly maintenance fee (if opened online), easy automatic savings plans with Keep the Change and no minimum balance requirement.
As with every bank that offers a checking account, fees are just around every corner. Be sure never to over draw either through writing a bad check or using your ATM card when there are no funds in it.
Bank of America also offers checking accounts for students and interest checking. At times they even offer low rates on home equity lines of credit and mortgages.
We usually recommend that you have one checking account with national bank that tend to do the basics very well in addition to an interest checking account such as those offered by Schwab, ING and Ally.
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Incredible Bank’s – High Yield Checking

November 10, 2009 — henryc134
Incredible Bank has a new high yield checking account that is currently paying one of the highest yields to be found on the web. Sure the interest rate is one that beats most available but just who is Incredible Bank?
Incredible Bank is the online division of River Valley Bank, a family owned financial services company that has several branches in the states of Wisconsin and Michigan. They are FDIC-insured have been around for more than 40 years.
Their splash rate of 2.02% APY is one that would be hard to replicate anywhere else. Since this is a new offer, we highly suspect that the rate won’t last too long.
However, Incredible Bank offers this checking account with free e-statements, no ATM fees, mobile banking and free online bill pay.
Incredible Bank is taking a similar approach to Ally Bank with what seems to be straight – forward banking.
This checking account is built for online – only access. One example of this is a hefty $20 fee check fee. So be aware if you choose to write a check with this account. It’s best to use their online bill pay. You can find their schedule of fees here.
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Free Gas Card when Opening a New Online Checking Account with iGoBanking!

September 13, 2008 — henryc134

So is this what’s it’s come down to? With gas prices reaching new highs, iGo Banking has decided to offer a $50 Gas Card when opening an online checking account. You have to hurry though as the offer is limited to the first 400 applicants that use the online bill payer to pay three bills through their online checking account with iGo.

Let’s put the promotion aside and dive into what this checking account has to offer. I’d like to begin with the fact that the iGo Banking name is a new brand in the banking arena. Rest assure they are FDIC insured. There’s no information if there’s needs to be a checking account minimum balance requirement to earn the 2.65% APY.
They do offer a MasterCard debit card along with access to ATMs that are part of the Allpoint network – meaning you’re likely to get dinged with heavy ATM fees if you’re not using an ATM within the Allpoint network.
With so many offers these days, I don’t see this one as sticking out. Are you really going to go through the hassle of opening a new online checking account just to attempt to get a free $50 gas card?
Advice – Save your time and don’t bother. There’s plenty of other checking accounts online that offer much, much more.
Posted in checking account, i go banking, interest checking, interest checking account, new online checking account. No Comments »
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