ING Direct Launches MONEY Debit Card for Teens and Parents

ING Direct Money

One of the online banks that always seem to change (for the better) with the times is ING Direct. Year in and year out, customers rave about the functionality and customer service they receive from ING Direct and their Online Savings, Electric Orange Checking and Orange CD accounts continue to offer competitive interest rates. Update: […]

Published or Updated: May 10, 2013

Is Dividend Investing a Smart Alternative to Savings Accounts

Verizon (VZ) Stock Quote

Dividend investing involves investing in stocks, mutual funds, or ETFs that pay dividends. Recently, I’ve started to move cash out of a savings account and into stocks that have really high dividend yields. The result is that I’m earning more than 5% just on dividends alone. Why have I made this change? Dismal interest rates. […]

Published or Updated: August 22, 2011

EverBank Online Banking Review

Everbank Banner 2

Offering a wide variety of deposit themed options, EverBank continues to expand its market share for every kind of banking customer.  Founded in 1961 and formed in 1994, EverBank’s headquarters are located in Jacksonville, Florida. And as a testament to how well EverBank continues to progress, the field on which the Jacksonville Jaguars plays its […]

Published or Updated: December 8, 2014

How to Maximize Your FDIC Insurance Coverage

FDIC Logo

When you walk into the bank, it’s hard not to notice the display notifying customers that the bank is FDIC insured.  Despite people’s familiarity with the notice, there are many misconceptions about what FDIC insurance actually entails.  Some people think that all of the money they deposit into the bank, regardless of account type, is […]

Published or Updated: August 14, 2011

Writing Bad Checks Will Cost You More Than Just Money

Bad Checks

A few days before my college graduation, I faced some very real fears.  Having no apartment, no job and no life outside of school, I stayed awake at night terrified thinking that I went to school for nothing.  Sure, I know a little more about probability and statistics but spending five years in school only […]

Published or Updated: August 8, 2011

Ally Bank Just Raised (Then Dropped) Their Savings and MMA Interest Rate

For the past few years, the state of deposit interest rates has been nothing short of depressing.  Month after month, I’ve been forced to update our best online savings account page by reducing interest rates for every single bank and in some cases, interest rates have declined by more than 80%.  However, for the first […]

Published or Updated: August 22, 2013

Wells Fargo Way2Save: Gimmick or Gold Mine?

When it comes to saving money, I’m a big believer in doing whatever it takes. If having too much tax taken out of your check each week so you get a big refund helps you save, do it. While you’ll lose interest on your money while Uncle Sam is holding on to it, that’s better […]

Published or Updated: March 22, 2012

SmartyPig Lowers Interest Rate 25 Points to 1.10% APY

When SmartyPig was first launched a few years ago, everyone, including myself thought it was the greatest thing since sliced bread.  Not sure why people use sliced bread in the cliche but so be it.  Anyway, over the last 12 months, SmartyPig has made some extremely questionable decisions and after an interest rate drop of […]

Published or Updated: March 22, 2012

FNBO Direct Offering 1.35% APY Bonus Rate Through March 2012

FNBO Direct

For the past two years, I’ve been doing everything I can to pay down debt.  With interest rates as low as they are (and continuing to free fall), it makes more sense to me to save on costly interest payments than to save money.  However, I do understand the importance of having an emergency fund […]

Published or Updated: March 5, 2013