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Avoid Overdraft Fees

admin — Thu, 27 Aug 2009 13:02:57 +0000

Debit cards are considered by many to be one of the greatest innovations of the past few decades. First issued in the late 1980s, they offer the convenience of a credit card without the expense of using borrowed money. Since they're linked to our bank accounts, they simply give us quick access to our own money. The debit card has long since surpassed the check in terms of popularity. Consumers today are happy to swipe their cards when they make a purchase instead of having to write out the payee and amount. But unfortunately, those who use debit cards have a...

Watch Out for Banking Fees

admin — Wed, 22 Apr 2009 17:03:19 +0000

As we all know banks have been hit very hard with the economic downturn and they are searching for more and more “nickel and dime” charges to pass along to consumers to increase their earnings. Here are some suggestions for avoiding two of the more common fees that banks assess: Don't use another bank's ATM. Over 99% of ATM's now impose a surcharge that now averages almost $2.00 on cash withdrawals if you are not a customer of theirs. To avoid these ever-growing fees, use your debit card to make a purchase, and just ask for cash back. Keep your check book...