DIRS.INFO The most relevant business & tech news

To help you see if Bank of America or TD Bank is right for you, we're comparing each institution's bank accounts. Compare TD Bank and Bank of America TD BankBank of America Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. See the best bank account bonuses right now>>Winner: TD Bank The TD Bank Convenience Checking Account has a lower minimum opening deposit and minimum balance requirement than the Bank of America Advantage Plus Checking Account. Winner: TD Bank TD Bank will likely be a better choice for CDs, particularly, if you like to open a special type of CD or a CD with a low initial deposit. TD Bank vs. Bank of America: Frequently Asked QuestionsIs Bank of America better, or TD Bank?

Step, a mobile banking platform geared toward teen customers, announced Wednesday that users may now earn 5.00% annually on savings balances of up to $250,000. View Full Details Start banking Step, FDIC Insured AccountStep - Banking for Teens Start banking Step, FDIC Insured Account Details Rewards Earn rewards by using a Step Visa Card at qualifying merchants — restaurants, clothing stores, gas stations, and more. Annual Fee $0 Recommended Credit No Credit Regular Annual Percentage Rate (APR) None Editor's Rating 4.2 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.2 out of 5 Stars Pros & Cons Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Other savings account optionsIf you do not qualify to earn 5.00% at Step or want to consider other options, here are some accounts from our best savings account guide that you might like:Alliant Kids Savings Account: This is listed as our top pick for kids. Once a child turns 13, they'll be able to open a teen checking account; the Alliant Kids Savings Account can remain as their savings account.

Compare Bank of America and Wells Fargo Bank of AmericaWells Fargo Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. See the best bank account bonuses right now>>Winner: Wells Fargo The Wells Fargo Everyday Checking Account has a lower opening deposit requirement and makes it easier to waive the monthly service fee. Winner: Wells Fargo If you're eligible for the Wells Fargo savings bonus, this bank is the clear winner. Winner: Bank of America If looking for a variety of term options or a low minimum opening deposit, Bank of America easily tops Wells Fargo. Bank of America and Wells Fargo: Frequently Asked QuestionsIs Bank of America better or Wells Fargo?

Compare TD Bank and Wells Fargo TD BankWells Fargo Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Read our review Read Our Review A looong arrow, pointing rightTD Bank vs. Wells Fargo Savings Account ComparisonsThe TD Simple Savings Account and Wells Fargo Way2Save® Savings Account are each bank's standard low-fee savings account. Wells Fargo has a $525 cash bonus for new customers who open any qualifying Wells Fargo savings account by June 27, 2023 (CDs are not eligible, nor are savings accounts through Wells Fargo Private Banking). Winner: TD Bank TD Bank CDs might catch your eye if you're searching for CD variety or special types of CDs. Wells Fargo vs. TD Bank: Frequently Asked QuestionsIs Wells Fargo better, or TD Bank?

First Security Bank and Trust Company accounts First Security Bank and Trust Company Savings AccountFirst Security Bank and Trust Company Free Checking AccountFirst Security Bank and Trust Company CDFirst Security Bank and Trust Company Money Market Account Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. About First Security Bank and Trust CompanyFirst Security Bank and Trust Company is a Black-owned bank with one branch in Oklahoma City, OK. First Security Bank and Trust Company FAQSWhat is First Security Bank and Trust Company? Methodology: How We Reviewed First Security Bank and Trust CompanyFor our First Security Bank and Trust Company review, we rated bank products and services using our bank account methodology. How First Security Bank and Trust Company ComparesFirst Security Bank and Trust Company is the only Black-owned bank in Oklahoma.

☆ Investigator boasted about 'getting queen's medical records', Prince Harry case told
▼ + stars: | 2023-05-17 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

LONDON, May 17 (Reuters) - A private investigator who worked for the publisher of the Daily Mirror boasted he could "get the queen's medical records", a retired police officer on Wednesday told a court hearing Prince Harry's lawsuit against the British newspaper. Former police officer Derek Haslam told London's High Court that MGN journalists regularly paid a private investigation company, Southern Investigations, to unlawfully gather information. 'QUEEN'S MEDICAL RECORDS'Rees, also a former police officer, "would openly brag" about conducting hacking and blagging – getting private information by deception – on behalf of MGN journalists, Haslam told the court. Haslam also said Rees had told him that he had "sold some information to the Mirror for a story about Prince Michael of Kent being in debt to the bank". Reporting by Sam Tobin; additional reporting by Michael Holden; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ Credit card companies need to explain the 'exorbitant' late fees they're charging customers, says Elizabeth Warren
▼ + stars: | 2023-05-09 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +6 min

Sen. Elizabeth Warren wants to know if credit card companies stand with the banks. Currently, credit card companies are permitted to fine consumers up to $41 for each missed credit card payment — no questions asked. The other nine credit card companies Warren sent the letter to did not immediately reply to a request for comment. She wanted to know why reducing credit card late fees would be any different. Warren also asked each credit card company to answer how much money they collect in credit card fees each year — and the proportion from low-income earners — and the actual cost of collecting those fees.

☆ Chime: 2023 CNBC Disruptor 50
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

Several years of success for fintechs resulted in a significant disruption of the traditional banking industry and significant responses from big players in the space. Chime, which was valued at $1.5 billion in 2019, reached a valuation of $25 billion in 2021. The company became profitable on an EBITDA basis during the pandemic, co-founder and CEO Chris Britt told CNBC in September 2020. Chime was among the companies expected to have pursued an IPO by now, but it has been waiting out a frozen market for new offerings. In November, Chime laid off 12% of its workforce, or about 160 people, in a move that Britt said would help the company thrive "regardless of market conditions."

St. Louis Community Credit Union Regular Savings Account Learn more St. Louis Community Credit Union, NCUA insured. How St. Louis Community Credit Union Accounts Compare St. Louis Community Credit Union Regular Savings AccountSt. Louis Community Credit Union Interest (Gold) Checking AccountSt. Louis Community Credit Union Money Market AccountSt. Louis Community Credit Union Share Certificate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. St. Louis Community Credit Union Interest (Gold) Checking Account Learn more St. Louis Community Credit Union, NCUA insured. St. Louis Community Credit Union Money Market Account Learn more St. Louis Community Credit Union, NCUA insured. St. Louis Community Credit Union vs. First Community Credit UnionYou'll prefer St. Louis Community if you want to support a Black-owned institution.

Students with a limited credit history are unlikely to be approved for the best credit cards, and even some student credit cards require good to excellent credit. Step is a secured credit card that has a dynamic credit limit that is attached to the bank account balance -- it operates like a debit card but it is a credit card, which is what enables the unique credit building feature. Best Credit Cards for Students With No Credit of 2023Methodology: How we chose the best credit cards for students with no creditInsider's credit cards team looked at dozens of student credit cards, secured credit cards, and starter credit cards and narrowed down the list by choosing only those that students with limited or no credit have a good chance of qualifying for. Credit Cards for Students With No Credit Frequently Asked Questions (FAQ)Which credit card is best for students with no credit? US Bank Altitude Go Secured Credit Card ReviewBest for Students Under 18Step Secured Visa CardWhile credit card accounts are only available to those aged 18 and over, the Step Secured Visa Card offers a solution for students looking to build credit who haven't yet reached legal adulthood.

To help you see if Bank of America or TD Bank is right for you, we're comparing each institution's bank accounts. Compare TD Bank and Bank of America TD BankBank of America Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Winner: TD Bank The TD Bank Convenience Checking Account has a lower minimum opening deposit and minimum balance requirement than the Bank of America Advantage Plus Checking Account. Winner: TD Bank TD Bank will likely be a better choice for CDs, particularly, if you like to open a special type of CD or a CD with a low initial deposit. TD Bank vs. Bank of America: Frequently Asked QuestionsIs Bank of America better, or TD Bank?

"It really seems like companies have become addicted to junk fees." Junk fees are making companies billions of dollars richer and the practice spans industries, including banking, telecom, entertainment and hospitality. CNBC sorted some of the biggest junk fee offenders into three separate buckets. "Junk hotel fees and these ancillary fees are bringing in about $3 billion a year for the hotel industry," Wolfe told CNBC, citing a Consumer Reports estimate. Watch the video above to learn more about where junk fees hide, how agencies are proposing changes, where policy falls short and whether increased regulatory oversight may be enough to squash junk fees once and for all.

MECU bank accounts Municipal Employees Credit Union of Baltimore RealSaver AccountMunicipal Employees Credit Union of Baltimore RewardChecking AccountMunicipal Employees Credit Union of Baltimore Regular Share CertificateMunicipal Employees Credit Union of Baltimore Money Market Account Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Municipal Employees Credit Union of Baltimore RealSaver Account Learn more Municipal Employees Credit Union of Baltimore, NCUA insured. Municipal Employees Credit Union of Baltimore RewardChecking Account Learn more Municipal Employees Credit Union of Baltimore, NCUA insured. Municipal Employees Credit Union of Baltimore Regular Share Certificate Learn more Municipal Employees Credit Union of Baltimore, NCUA insured. Municipal Employees Credit Union of Baltimore Money Market Account Learn more Municipal Employees Credit Union of Baltimore, NCUA insured.

☆ How to Get a Mortgage
▼ + stars: | 2023-04-15 | by ( ) www.wsj.com time to read: +15 min

“Houses cost more than the money invested to purchase them,” says Brian Rugg, chief credit officer at mortgage lender loanDepot. Research mortgage loan types and lendersThere are two basic categories of mortgage: private and government backed. “Look at customer reviews from past borrowers,” says Alex Shekhtman, a mortgage broker and founder of LBC Mortgage in New York. “Mortgage lenders use appraisals to protect their investment in the home,” says Liz Lopez, a real-estate agent at RelatedISG Realty. Since mortgage payments are made in arrears—meaning you pay on the first of the month for the previous month’s charges—you won’t owe a mortgage payment until the start of the second month following your closing date.

Below, you'll find our top picks for the best banks for avoiding ATM fees. The best banks for avoiding bank ATM fees have free regional or national ATM networks, so you won't be charged for using an ATM. The Best Banks for Avoiding ATM FeesLendingClub Bank: Best online bank for avoiding domestic ATM feesConnexus Credit Union: Best credit union for avoiding domestic ATM feesChase: Best national bank for avoiding domestic ATM feesCharles Schwab: Best institution for avoiding international ATM feesTD Bank: Best regional bank for avoiding domestic ATM feesBetterment: Best online banking platform for avoiding domestic ATM feesWe've included brick-and-mortar banks, online banks, credit unions, and online banking platforms, so you can choose from a variety of options. Unlimited refunds on out-of-network ATM fees Check mark icon A check mark. You could also refer to the schedules of fees document to review ATM fees and ATM withdrawal limits."

Chase Overdraft Assist is available with all checking accounts except Chase First Checking, Chase High School Checking, and Chase Secure Checking. Chase Overdraft Assist is available with all checking accounts except Chase First Checking, Chase High School Checking, and Chase Secure Checking. What to do if you can't get your overdraft fees coveredUnfortunately, you might not always get a refund on an overdraft fee. With free overdraft protection, you won't have to pay an overdraft fee or a fee to utilize overdraft protection. Many online banks and credit unions either have free overdraft protection or don't charge any overdraft fees.

Why a bank might close your bank accountA bank may decide to close your bank account if any of the following circumstances take place:Your account has been inactive for a long time. As a result, it will close your bank account and contact you to return any money deposited in your account. As a result, it will close your bank account and contact you to return any money deposited in your account. A bank may think your bank account has been hacked if it notices you're making big purchases and you haven't responded to bank notifications. You'll have to open a new bank account with your institution or bank somewhere else if you're unable to find an account that interests you.

☆ 5 alarming stats on U.S. economic inequality in Pulitzer-prize winning author's new book
▼ + stars: | 2023-03-28 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

(Desmond's findings are based on data from a number of sources, including the U.S. Bureau of Labor Statistics and the Pew Research Center.) (Desmond analyzed tax data from a number of sources, including the Office of Management and Budget.) watch now"Most families who enjoy those subsidies have six-figure incomes and are white," Desmond writes. "There is growing evidence that America harbors a hard bottom layer of deprivation, a kind of extreme poverty once thought to exist only in faraway places of bare feet and swollen bellies," Desmond writes. Racial wealth gap is as large as in the '60sLooking at the work of other authors and Federal Reserve data, Desmond found that the racial wealth gap is as wide today as it was more than five decades ago.

What's the difference between the Bank of America Unlimited Cash Rewards and the Bank of America Customized Cash Rewards? Bank of America Unlimited Cash Rewards Cash BackBoA Unlimited Cash Rewards welcome bonusNew Bank of America® Unlimited Cash Rewards Credit Card cardholders can earn $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days from account opening. How to earn cash back with the Unlimited Cash Rewards cardThe Bank of America® Unlimited Cash Rewards Credit Card earns 1.5% cash back on all purchases. Bank of America Preferred Rewards tiers Preferred Rewards Gold: 25% more rewards on eligible Bank of America rewards credit card spending (earn 1.875% cash back)25% more rewards on eligible Bank of America rewards credit card spending (earn 1.875% cash back) Preferred Rewards Platinum: 50% more rewards on eligible Bank of America rewards credit card spending (earn 2.25% cash back)50% more rewards on eligible Bank of America rewards credit card spending (earn 2.25% cash back) Preferred Rewards Platinum Honors: 75% more rewards on eligible Bank of America rewards credit card spending (earn 2.625% cash back)How to use cash back from the BofA Unlimited Cash Rewards CardWith the Bank of America® Unlimited Cash Rewards Credit Card, you've only got a few redemption options:Statement credits to your credit cardDeposits made directly into a Bank of America checking or savings accountCredits to a qualifying Merrill Cash Management AccountCredits to a qualifying 529 account with MerrillThere's no minimum amount for one-time redemptions as statement credits, deposits to BoA checking/savings accounts, or to qualifying Merrill Cash Management Accounts. Bank of America Unlimited Cash Rewards Benefits and FeaturesThe Bank of America® Unlimited Cash Rewards Credit Card doesn't have a ton of extra perks, but there are a few worth noting.

☆ Sens. Booker, Warnock press big bank CEOs to pause overdraft fees after SVB failure
▼ + stars: | 2023-03-22 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

Cory Booker and Raphael Warnock have urged the CEOs of 10 major banks to waive overdraft and nonsufficient fund fees that could cost some Americans more than $100 a day in the wake of the failures of Silicon Valley Bank and Signature Bank. The letters went to the CEOs of Wells Fargo , U.S. Bank , Truist Financial Corp ., TD Bank , Regions Financial Corp ., PNC Bank , JPMorgan Chase , Huntington National Bank , Citizens Bank and Bank of America . Regulators shuttered New York-based Signature Bank days later in an effort to stall a potential banking crisis. Booker and Warnock said banking customers whose paydays fell between March 10 and March 13 were unable to receive or deposit checks from payroll providers banking with SVB and Signature Bank. Treasury Secretary Janet Yellen on Tuesday said the department is prepared to guarantee all deposits for financial institutions beyond SVB and Signature Bank if the crisis worsens.

Bank of America Customized Cash Rewards Cash BackBank of America Customized Cash Rewards bonusNew Bank of America® Customized Cash Rewards Credit Card cardholders can earn $200 cash rewards bonus after you spend $1,000 on purchases within 90 days of account opening. How to earn cash back with the Bank of America Customized Cash Rewards credit cardThe Bank of America® Customized Cash Rewards Credit Card has major appeal for folks looking to earn cash back on multiple spending categories. Bank of America Customized Cash Rewards Benefits and Featuresthe Bank of America® Customized Cash Rewards Credit Card doesn't have many other benefits, but this is common with no-annual-fee credit cards. Bank of America Customized Cash Rewards Annual Fee and Other CostsThe Bank of America® Customized Cash Rewards Credit Card has a $0 annual fee. Methodology: How we reviewed the Bank of America Customized Cash RewardsIn our review process, we compared the Bank of America® Customized Cash Rewards Credit Card to competing no-annual-fee cash back cards, especially those that allow you to customize your bonus categories.

The report, however, paints a not-so-rosy picture of BNPL users' financial and credit health. BNPL users have access to credit — and they use itThe BNPL users surveyed may have had lower average credit scores than non-users, but they used plenty of credit products in addition to BNPL. Further, 69% of BNPL borrowers said they carried a balance on at least one credit card. On top of that, about half of BNPL borrowers had less cash and savings than what they paid for the purchases they made using BNPL. For example, 9% of BNPL borrowers with a credit card had missed payments of 30 days or more, compared to just 3% of non-users.

☆ 3 ways to easily check if your bank account is FDIC insured
▼ + stars: | 2023-03-14 | by ( Jason Stauffer | Elizabeth Gravier | ) www.cnbc.com time to read: +7 min

Nearly all banks are insured by the FDIC, which protects your deposits up to $250,000 (per person, bank, and account type). CNBC Select explains how to check if your bank is an FDIC member, as well as what you need to know about the types of bank accounts the FDIC protects. 3 ways to check if your bank is FDIC insuredThe FDIC makes it easy to check if your bank is insured. Check online You can easily discover if your bank is FDIC insured using the BankFind Suite tool. Marcus by Goldman Sachs High Yield Online Savings Learn More Goldman Sachs Bank USA is a Member FDIC.

☆ Is the money in your bank account safe? Here's what to know if you're worried about your deposits
▼ + stars: | 2023-03-13 | by ( Jason Stauffer | Elizabeth Gravier | ) www.cnbc.com time to read: +5 min

But a checking account and savings account won't necessarily be in different categories. However, if you had a joint savings account, then the savings account balance would fall under a different category. As you're shopping around for a deposit account, you can find out if a bank is insured with the FDIC's BankFind tool. It's also a good idea to open checking accounts or savings accounts with no monthly maintenance fees and the highest interest rate you can find. Below are a few of the best deposit accounts with FDIC insurance, according to CNBC Select's rankings:Ally Interest Checking Account Learn More Ally Bank is a Member FDIC.

Pay down your credit card balancesIf you already have credit card debt, paying it off should become a priority. With credit card interest rates continuing to reach new heights, you don't want to get stuck with credit card debt if a recession hits. The credit utilization ratio, or how much of your available credit you're using, is the second most important credit factor after payment history. For that reason, it's best to get rid of credit card debt as soon as possible. You might also want to consider a 0% APR credit card (like the ones below) if you're anticipating big expenses.

Search resuls for: "overdraft"

25 mentions found