One of the ways that some banks are trying to lure customers is by beefing up their checking account offerings. Rewards checking accounts are becoming more common, including high yield checking accounts that offer a fairly high rate of return. While any return isn’t going to be particularly attractive right now, earning something on your checking account is better than nothing. [ad#Content 300×250] It is important to be careful, though, when you consider high yield…
One of the subtle influences on your credit score is the type of credit account you have. For instance, while it doesn’t count that much, it makes a small difference whether you have a department store credit card or a major bank credit card. Normally, I fall firmly into the camp of not having a department store credit card. It seems pointless: The interest rates are often higher and there are rarely rewards programs. But…
Many debit cards are now offering rewards programs when you make purchases. This can be a real money saver as part of your budget if you are earning rewards that can be used for travel — or even cash back. A number of banks, including KeyBank, PerkStreet Financial, Fifth Third and others now offer perks ranging from cash back to travel rewards to warranties on purchases. One of the nice things about reward debit cards…