At a Glance: Yes, it is possible to close a Bank of America account, but not through their website or smartphone app. You can choose from other methods such as visiting a local bank branch and requesting an account closure, calling their customer support service, or mailing a signed written account …
At a Glance: Yes, it is possible to close a Wells Fargo account, and the process is relatively easy. Before closing your account, it is recommended to take a few steps to ensure a smooth transition. This includes opening a new bank account, transferring incoming salary or payments to the new account…
Have you ever wondered how do banks make money? How is it possible for a bank to provide certain products at now cost or even offer big rewards on accounts like your credit card? Where do banks get the money to give out loans to people? Below we unpack how do banks make money so […]
At a Glance: Closing a Chase account is possible through various methods such as visiting a physical branch, closing it online through the official website or by phone, or sending a mail request. Before closing the account, it’s important to have a new account, transfer any remaining balance, …
At a Glance: A canceled check is a processed check that has been paid to the payee and cleared by the issuing bank. It cannot be used again for transferring money. A check can also be canceled before processing if it is lost, invalidating it. It’s important to distinguish between a canceled ch…
As common as savings accounts are, not everyone knows what they are, how they’re different from regular accounts – and most importantly, why you should have one as well. Many people use parallel checking accounts to save money, but they do not know that having a savings account can be much more conv…
Overdraft fees are often an unnecessary financial burden you carry when you exceed your banking limits. There’s a lot that goes on behind the scenes that you must be aware of as a bank account holder. In this article, we will explain everything you need to know. What Is an Overdraft Fee? As pe…
A check is a highly important document used for paying fees of various USCIS fees. These are an inexpensive and easy way to move money around and get things done. Filling out a check for the very first time can be nervy, even challenging for some. In this article, we’ll explain how to fill out [&hel…
Latino people are quite underserved when it comes to getting credit from a bank – which is why most of them even avoid going there in the first place. That being said, while it might be difficult to find a good Latino credit union, it’s not impossible. You just need to know where to look […]
At a Glance: Banking for immigrants can be challenging due to institutional racism and other issues within the U.S. banking system. However, modern banks like Stilt are addressing these concerns. There are different types of bank accounts available, such as savings accounts for long-term savings, ch…