Sentences with phrase «keeping a regular bank»

Not exact matches

Right now, though, major banks are betting their other services will keep regular consumers.

Finally, the bank also offers a strong interest - bearing checking account, allowing you to keep both your savings and regular balance in one place for easier management.

Finally, the bank also offers a strong interest - bearing checking account, allowing you to keep both your savings and regular balance in one place for easier management.

Customers who keep at least $ 1,000 in their regular checking balance won't be affected by the difference, but anyone whose account tends to stay below that level will face a harder time avoiding US Bank's fees.

Keep it at a different bank from your regular checking, so you'll have to go out of your way to withdraw the money.

A few banks will boost your savings interest rate if you manage to avoid making any withdrawals or keep up regular deposits, while others equip older kids with tools to learn by participating in their own finances.

Help me understand, Ben, why you or others would continue to keep your savings with this bank when literally every other option is superior in terms of rates other than maybe the «Big 5» banks and Simplii Financial / Tangerine's regular, posted rates (with their promo rate offers, they beat CTFS handily)?

The probability is that retired people will keep a much higher balance in their bank account because they do not want to be always worrying about overdrafts, and the regular top - up from the paycheque is now missing.

You attack the mortgage like it is a war... you keep paying as much as you can towards it from your regular source of income (work) but you borrow the maximum available equity from your home (which gets increased with every mortgage payment you make — have to find a bank / banker willing to do that for you) and with that borrowed money you purchase income - yielding investments.

For some reason, I could never successfully keep my checkbook updated using the regular checkbook registry provided by my bank.

You can avoid this fee when you meet any ONE of the following requirements during each monthly statement cycle: Keep an average daily balance in your checking or a linked Regular Savings account of $ 5,000 or more OR Keep a $ 10,000 average daily combined balance in linked checking, savings, Money Market Savings, CD and IRA accounts OR Keep an outstanding balance on a linked installment loan or line of credit of $ 15,000 or more OR Keep total combined assets in eligible, linked Merrill Edge or Merrill Lynch investment accounts of $ 15,000 or more OR have a linked Bank of America first mortgage loan that we service.

Albert Einstein called compounding interest the eighth wonder of the world. When compounding works for you itâ $ ™ s wonderful. A small amount of money adds up quickly because you earn interest not only on the money you have deposited in the bank, but also on the interest you have previously earned. There is a trick though. You only continue to earn interest on interest as long as you keep your money in the bank, or some other investment like a money market fund that pays regular interest.

These requirements vary from bank to bank, but can include everything from keeping a certain minimum amount of cash on deposit at all times, using a bank - issued debit card for a certain number of transactions each month or setting up one or more qualified direct deposits that occur on a regular basis.

The investment amount may be kept in a bank deposit, monthly income plan, or other such investment avenues that guarantee a regular income.

Instead of keeping your money ideal in a savings bank account, you can invest in a SIP and take benefit of regular savings along with earned interest.

Whenever a regular premium payment that is made to the insurance company to keep the policy in force, is due, then we intimate our designated bankers, who arrange the debit on the policyholders» bank account towards the premium payment made to the insurance company, to ensure that the policy remains in force.

Fanny / Freddy determine the 6 - month guideline, but HELOCs are always portfolio loans, which means whoever is doing the HELOC will be keeping that debt in their portfolio (or selling it privately to another bank, but it will not be sold on secondary mortgage market like the regular fanny / freddy loans).