Savings vs. Debt Equation Gaining Important Publicity

If you have not already, make sure to read the great articles from Money-Rates.com contributors Adam Jusko and Richard Barrington that mutually show how saving money is much better than going into unneccessary debt.
Indeed, saving money has become as wise today as refinancing the house was (or seemed?) when you had 75 percent equity and could [...]

Higher Taxes or Higher Interest Rates: If You Had to Choose

The government has spent a tremendous amount of money–up to $23 trillion, according to one estimate–on bolstering the financial system. The banks still haven’t dealt with the “toxic asset” problem that precipitated much of that government spending going to banks. Investors continue to buy U.S. Treasury bonds, but there are sellers, too.
Popular wisdom is that, [...]

JPMorgan Sees Record Profit in Q2–How?

Following Tuesday’s strong report from Goldman Sachs, JPMorgan reported a record profit of $2.52 billion during the second quarter of 2009. So much for the U.S. banking industry keeling over dead. In fact, less than a year after then Treasury chief Henry Paulson requested $700 billion to save the banks, the banks look quite healthy.
How [...]

Searching for the Right Bank

You might already realize that you don’t like your bank. High fees and low rates are not a good combination. But now what? How can you tell the difference between one online bank and the next? If you are considering ditching your local bank, here are few things to consider:
1. When looking at bank deals [...]

A Bank That Offers a Savings Account for Your Pet?

What happens to a beloved pet if the owner unexpectedly dies? Unless a family member or a friend steps in, there may not be a good long-term solution for these pets. However, what if pet owners could set up an online savings account that earned interest and also served as a legal trust account for the benefit [...]

The Future of the Big Banks

The day of the big bank may be over if the American public has their way. The banks grabbing headlines for losses, mismanagement, and greed, have almost exclusively been the nation’s largest banks as ranked by deposits or assets. Local banks, credit unions, and internet banks have faced problems and losses arising from bad mortgage [...]

Which Cities Have the Best Bank Deals and Rates?

There are a couple of cities in the country that jump out as places where good bank deals and rates are easier to find. Whether the reason is the lack of a major bank dominating the local market or that the cities have better local economies, residents in these cities seem to have it easier than [...]

Savings Bonus from WT Direct

WTDirect (the online division of Wilmington Trust Bank) is running a new promotion called the Winter Bonus Blast in which customers open a new savings account can earn up to $250 in a cash reward. To earn cash rewards new customers must:

(1) Open a new account using promotion code WTG3DNC

(2) Link an existing bank account [...]

More Special Offers from National City Bank

National City Bank has been a longtime leader in online bank deals and even after the purchase of National City Bank by Pittsburgh-based PNC Bank the deals continue. A $150 VISA Gift Card is available to new customers who open a checking account.
(1) Apply online, visit your local National City branch or call 1-800-622-4036 to [...]

North Carolina Bank is a True Online Bank

NewDominion Bank is an example of a true online bank - no branches and no branch overhead to pass on to customers. Countless banks claim to be an online bank, but are actually just divisions of large multi-branch and multi-state banks. These banks have the high costs associated with their branch operations that an online [...]

National City Bank’s Reward Program for Checking Accounts

National City Bank has one of the most ambitious reward programs with Points from National City. National City Bank checking customers with a National City VISA CheckCard can enroll to receive rewards from major retailers like Walt Disney World, Sony, Apple, Bose, Home Depot, Macy’s, Lowe’s as well as cash rewards on their VISA checkcard. [...]

Smaller Local Banks Offering Loan Rates, Money Market Rates, CD Rates Online

The banks with the biggest presence on the internet like Countrywide Bank, IndyMac Bank, E-Loan Bank, and Bank of Internet (to name a few) make applying online for bank account a very simple process which can take less than ten minutes. Typically, the account and rate is reserved once the online application is completed and [...]

New Online Bank Deals: iPods, Airlines Miles, Cash and more

Banks are in a giving mood. Listed below are some of the latest deals from online banks:
BankDirect is offering BankDirect Mileage Checking, BankDirect Mileage Money Market Accounts, and Mileage CDs which reward customers who bank with BankDirect with potentially thousands of frequent flier miles through American Airlines’ AAdvantage program.
Compass Bank is giving away a free [...]

Online Banks ready for Summer with New Deals and Rates

Online banks are ready for their summer promotional blitz by offering a wide variety of new online banking deals as well as higher rates on bank deposits. Consumers now have a variety of incentives to open new bank accounts including free cash, free airline miles, or even free iPods. In addition, with the prospect of [...]

Online Bank Deals and Reward Programs

The days of banks paying below 1.00% on a checking account and are back in force as The Savings Investor found out when polling 100 banks nationwide and finding an average of just 0.88% as the annual percentage yield paid out on a basic low-minimum checking account. However, online banking customers who are willing to [...]

Banks Remain Committed to Reward Checking Accounts

The 175-point rate cut in 2008 has wreaked havoc on bank deposit rates with 5.50% and 5.75% online bank rate deals evaporating into 4.25% and 4.50% rate deals. Lost in the shuffle has been that the rates on the nation’s top paying Reward Checking Accounts have not fallen by as much. Money-rates.com has a list [...]

$150 Cash Bonus from California Bank for Opening a Checking Account

Imperial Capital Bank in California is offering a $150 cash reward for new customers who open up a Easy Money Checking account with direct deposit and online bill payment. The minimum balance to open a checking account to possibly earn the $150 cash bonus is $250. The account includes ATM fees waived throughout the [...]

E*Trade Bank Remains Aggressive with Online Bank Deals

E*Trade Financial Corp. received an infusion of $2.55 billion from outside investors while selling off a small portion of their riskiest debt. The move has been viewed by analysts as an indication that E*Trade may be able to return to a financially secure position without a merger or buyout. E*Trade Financial, which owns both the [...]

Chase Bank’s $125 Cash Award to new Checking Customers

Customer who open a Chase Free Checking account with Direct Deposit by December 31, 2007 will receive a $125 cash bonus added to their account.

To earn the bonus customer must visit the Chase site, print the coupon, and visit a local Chase Branch by December 31, 2007 to open a Chase Free Checking [...]

Online Bank Deals - Cash, cash, and more cash

Online Bank Deals - rewards, miles, and cash bonuses
Today’s deals include:
US Bank’s Cash Bonus Visa® Check Card allows customers to earn as much as 25% cash back by shopping with any of their select partners. List of partners and their cash back percentages are listed here.
Metropolitan National Bank is offering a $200 bonus to new [...]