checking

The concept of "free checking" has always been somewhat fraught with inaccuracies. Yes, you may have an account that doesn't have a monthly fee, but if you review your annual statements, you may discover that you have, indeed, paid for this, whether it's an amazingly high cost for checks (does it...

Bank of America is now assessing fees to checking account holders who receive images of their canceled checks in the mail along with their statements. Bank of America spokesman Don Vecchiarello says inserts were included with customers' statements back in September alerting them that the change...

Free checking is becoming an endangered species as banks add fees for basic services or add requirements like direct deposit or high balances. The latest move comes from Bank of America, which charges a $8.95-per-month fee Tuesday for customers who want paper statements or the use of tellers.

Adding another twist to the concept of online banking, PayPal has added an iPhone app that allows users to photograph their checks and deposit the funds into their PayPal account, according to an Associated Press report.

Are you thinking about switching banks? Maybe you're moving to an area where your current bank doesn't have branches, or maybe you're decamping for better customer service. Whatever the reason, there are some important logistical details to keep in mind if you're planning to uproot and transplant...

Americans are saving more. But where are people putting all their cold, hard cash? It's getting tougher to find a bank where you won't end up paying to keep your money safe. The average interest paid on savings, checking, money-market and certificate of deposit accounts fell to 0.99 percent in...

New York Attorney General Andrew M. Cuomo today announced a nationwide agreement regarding banking fees. He held a telephone press conference, which I listened in on, and if you're a Citibank customer, this news may affect you. Starting today, Citibank was basically going to kill its free checking...

It might be the ultimate early-morning eye-opener: imagine stopping in Dunkin' Donuts for a morning coffee and opening a checking account at the same time. It's not a far-fetched scenario, as Citizens Bank this month opened the first full-service bank branch in a Dunkin' Donuts shop. And if the...

This weekend's Wall Street Journal reports (subscription required) on the rise of "rewards checking accounts" offering interest rates as high as 6% for customers who use their debit cards frequently and/or meet other requirements.These rates compare favorable to what even the highest-yielding...

When it comes to building up our savings, many of us Americans seem to loathe the challenge. I believe the problem is not that we don't want to save up money for financial security or for a future major purchase. I think the trouble lies mainly in that most of us have just become so entrenched in...