PerkStreet Financial is gaining a lot of buzz lately because of its attractive rewards checking account. When you use their debit MasterCard, you can really boost those rewards. PerkStreet’s online checking account is free and comes with great perks. You can earn rewards like coffee, music, cash or gift cards from various vendors. Plus, you…
Taking charge of your finances is crucial. You want to make sure your bank accounts come with useful features like reasonable fees, good interest rates, and reliable information via monthly statements or online access. The perfect bank account should make transactions smooth and help you keep track of your spending and saving. Essentially, your bank…
Offset mortgages are becoming more popular, now making up 10 percent of new mortgages. This growing trend is due to their flexible repayment terms and convenience. Basically, with an offset mortgage, the interest you pay is calculated on the net loan amount after taking into account any savings you have in your account. These mortgages…
Interest rates are really low these days, so a lot of people are trying to find the best rates on bank CDs. But is it really worth the effort? For example, if you have $25,000 and are looking for a CD, you might only be able to get a 1% interest rate after a lot…
Current accounts, mainly used by businesses, are the most common type of bank account. They offer easy access to your money, making them a reliable financial tool when used correctly. It’s important to understand current accounts because they enable quick transactions. Knowing what a current account is and its key features is essential. **Separating Business…
Capital One Financial Corporation has made a strategic move by acquiring HSBC’s U.S. credit card division. This purchase includes over $30 billion in credit card loans and store-branded cards, for which Capital One paid a $2.6 billion premium. In addition, Capital One has expanded its reach by acquiring the online banking operations of the Netherlands-based…
Evaluating a bank might seem tough, but you really only need to look at three things before choosing a new one. Since modern banking began in 1865, over 17,300 banks have failed. To avoid banks that might go down this path, investors should focus on those with a proven record of efficient operations and careful…
Credit Unions: Financial Services Designed to Serve You Despite millions of Americans being part of credit unions, many still don’t quite understand what they are. In simple terms, credit unions are non-profit financial cooperatives aimed at serving specific groups of people. These groups might work for the same company, belong to the same association, or…
Union Bank, one of California’s top four banks with over $60 billion in deposits, is introducing a new checking account service called ‘Banking By Design.’ Although Union Bank operates branches in California, Oregon, and Washington, this new feature is currently only available to California residents. The user-friendly online platform allows potential customers to select various…
## What is a Current Account? In India, banks offer two main types of accounts: savings accounts for personal finances and current accounts primarily designed for business needs. Current accounts are typically used by businesses, trusts, sole traders, and other organizations. They function similarly to regular bank accounts but provide several benefits: unlimited withdrawals and…