Here Come the Incentives for Using Lots of Bank Products

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It’s not a new — or especially surprising — that banks would like you to sign up for multiple products with them, and are willing to incentivize you for doing so. But as we talked about last week, as they start to lose tried-and-true fees that they’ve relied on for profits, they’re going to be […]

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Use a Tablet For Banking? You’re Probably Engaged With Your Money.

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Early adopters of technology always tend to be a bit more enthusiastic and interested in the products and services relating to that technology. Just think about all of the folks who stayed up late waiting to order the iPhone 6 the day it came out – they’re going to be heavier users of the phones, […]

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Are Online Savings Accounts Rates On Their Way Up?

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I tell this story all the time, and I’m sure I’ve written about it here, too, but I can’t seem to find a post about it. When I opened up my first online savings account way back in 2006 with ING Direct, it was a good time to be saving. Interest rates were well above […]

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Would You Like a Home Mortgage with that Online Banking?

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As online banking continues to be the most popular way that people interact with their banks, and that banks continue to find ways to generate new revenue sources beyond fees, it’s no surprise that simply logging into your account has turned into a sales pitch for every other service your bank offers. I hadn’t thought too much […]

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What Will You Do to Avoid Banking Fees?

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We’ve had a bit of fun over the past few days talking about banking fees — how technology is cutting down on overdraft fees, and made-up (but plausible) “underdraft” fees. There’s plenty of bank fees you should never have to pay, but as banks continue to find new ways to charge fees — you may […]

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No One Would Be Surprised if Something This Absurd Happens

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Just the other day we talked about how banks are getting hit hard financially by the drop in overdraft and other fees, which made up a big portion of their profits in the post-housing collapse economy. So would it be surprising if banks introduced some new “creative” fees to make up the difference? Of course […]

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Can Coin Revolutionize Your Wallet?

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I’ve got a lot of bank accounts. They all have different purposes, so I’m not consolidating them anytime soon, but I have a lot of them. Between my credit union, my regular bank, my online savings bank, my business bank, my HSA account, and more, that means a lot of cards in my wallet. It […]

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