Tagged Questions
10
votes
3answers
224 views
can the government or debt collectors garnish money from any bank account to which the debtor has access?
A trusted family member has access to my savings account. The savings account is mine, but the family member's name appears next to mine, which means that they are entitled to withdraw money from the ...
6
votes
2answers
185 views
Common practice to closing a checking and savings account?
Is there a common practice to closing a checking & savings account?
For example, should I transfer all the funds electronically to my other bank then call and close it or is it better to get a ...
9
votes
6answers
1k views
Should I have separate savings accounts for various savings goals?
I have read through some personal budgeting articles and saving tips. Most articles and books mention saving money for emergency funds, large purchases, etc.
Should emergency funds and saving funds ...
4
votes
3answers
415 views
Is a High-Yield Savings Account with 1.25% APY too good to be true?
Okay, Sallie Mae is advertising a savings account with 1.25% APY. That seems incredibly high for a savings account, especially right now. It seems like a too good to be true type thing. Is there a ...
2
votes
2answers
2k views
What's the difference between a Chequing account and a Savings account?
Because I know you can draw cheques from a savings account, so what gives?
8
votes
3answers
541 views
Which bank (checking & savings) offers the best interest rates, lowest fees, and is FDIC insured?
We currently use ING for our banking and like a lot of its amenities, but their rates (as most banks, I'm sure) keep going down, down, down. The current savings rate is 1.25% APY and checking rate is ...
