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Checking Rates with Online Banking January 2012

Douglas — Tue, 10 Jan 2012 11:00:14 +0000

This is a Checking Rates with Online Banking for January, 2012 update to help you with investing your money after making an informed decision. Most of the top banks have stayed the same with the average financial institution only offering APY’s of 1% or below.

From the available online banks the best checking account rates is still from Southern Bank and its Kasasa checking account with an APY to 4.01%. To qualify for this rate your account must have 12 debit card transactions each month, have a direct deposit each month along with receiving your statements online. The upper limit to the balance that can receive this return is $15,000. Southern Bank is based out of Popular Bluff, Missouri.

Second this month again is the Equity WOW Gold checking account from Equity Bank in Kansas. They are offering an APY of 3.75% on all balances up to $25,000. Above that amount the APY is 1.25%. There is no monthly service fee for this account if the balance remains above $1,000 for the entire month. You must also make 10 electronic transactions each month to qualify for this rate.

From the state of Louisiana is St. Martin Bank and Trust that is offering a Kasasa checking account and is earning an APY of 3.51%. This is on all balances up to $10,000. For all balances above that amount the APY is only 0.25%. If you fail to make the qualifications for this great rate, your APY will be reduced to 0.05% for that month. To qualify you must make 10 electronic transactions each month, have one direct deposit receive your statements online and access your account online.

The First National Bank of Dieterich is new to the list this month. They are offering an APY of 3.10% on deposits up to $25,000. This is a small community bank in the heart of Illinois. You must make 10 debt card transactions and receive your monthly statement via email to qualify.

These are the best bank rates from the many online banks in America this new year of 2012. All rates are current but are subject to change without notice.

For additional resources involving financial help, please view Savings Rates with Online Banking January 2012 on this website.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

Checking Rates with Online Banking for December 2011

Douglas — Fri, 09 Dec 2011 11:00:31 +0000

This is a Checking Rates with Online Banking for December 2011 update to help you with investing your money after making an informed decision. The best rate this month is still from the Southern Bank and its Kasasa checking account, but the APY has seen a reduction by 1.00% in the APY to 4.01%. To obtain this rate your account must have 12 debit card transactions each month, have a direct deposit each month along with receiving your statements online. The upper limit to the balance that can receive this return is $15,000. Southern Bank is based out of Popular Bluff, Missouri.

From the state of Kansas is the Equity WOW Gold checking account from Equity Bank. They are offering an APY of 3.75% on all balances up to $25,000. Above that amount the APY is 1.25%. There is no monthly service fee for this account if the balance remains above $1,000 for the entire month. You must also make 10 electronic transactions each month to qualify for this rate.

Another one from the state of Louisiana is Jeff Davis Bank. They have a Kasasa checking account that is offering a return of 3.25% for balances up to $10,000. On balances above that amount the APY is only 0.25%. If you fail to qualify for this amount the APY will be reduced to 0.10% APY. The qualifications include 10 electronic transactions and a direct deposit each month. You must also access your account online once a month and receive your statements online.

These are the best bank rates from the many online banks in America this December, 2011. All rates are current but are subject to change without notice.

For additional resources involving financial help, please view Savings Rates with Online Banking for December 2011 on this website.

Checking Rates with Online Banking for November 2011

Douglas — Wed, 09 Nov 2011 11:00:16 +0000

The Checking Rates with Online Banking for November 2011 has again had changes at the top. Last month’s top bank was Danvers Bank. They have been absorbed by Peoples Untied Bank. Unfortunately PUB does not openly advertise their rates so they will no longer be a part of our list.

The new top of the list for investing your money with the best return from online banks is from Southern Bank. They are offering a Kasasa checking account that is earning an APY of 5.01%. This bank is based out of Popular Bluff, Missouri and has no minimum balance or deposit required. There is an upper limit of $15,000 that can earn this bank rate. You must also make 12 debit card transactions each month, have a direct deposit once a month and receive your statements online.

The next best bank rates being offered by the national online banks is 3.50% APY. This checking account rate is available from State Bank located in Mississippi. This APY is for all balances up to $15,001. For all balances above this point the APY is only 0.75%. If you do not meet the qualifications the APY is lowered even further to 0.10%. You must make 12 debit card transactions each month, have a direct deposit once a month, receive your statements online and access your account online once a month.

Williamstown Bank in West Virginia is another new one to our monthly list. They have an interest bearing checking account that is earning an APY of 3.05%. This is on all balances up to $25,000. Over this amount the APY is lowered to 0.50%. To qualify for this rate you must make 10 debit card transactions, have a direct deposit once a month and receive your statements online.

The Bank of Wichitas has its online banking branch called the Redneck Bank that is offering a checking with an APY of 3.00%. There is no minimum balance required and no upper limit to obtaining. This rate ends November 17, 2011. At that time it will be reduced to an APY of 2.50% and the upper limit earning this amount will be $10,000.

These are the best advertised checking rates being offered by the national online banks for the month of November 2011.

For additional resources involving financial help, please view Savings Rate with Online Banking for November 2011 on this website.

Checking rates with Online Banking for October 2011

Douglas — Wed, 12 Oct 2011 05:00:58 +0000

Checking Rates with Online Banking for October 2011 still have one of the three banks from last month who were offering an APY of 3.01%. The other two have since lowered their checking interest rates by 1.00%.

The Danvers Bank of Massachusetts is the only remaining financial institution with this top rate amongst all the online banks. Since our last visit they have been acquired by People’s United Bank but the checking rate is still valid for investing your money. This is for deposits up to $25,000.

The next best bank rates being offered by the national online banks is 3.00% APY. This checking account rate is available a three different financial intuitions. This list includes the Bank of Wichitas, Heartland Bank and AmericaNet Bank.

The Bank of Wichitas has its online banking branch called the Redneck Bank in which they offer checking and many other services to the public. There is no minimum balance required and no upper limit to obtaining the checking account rate of 3.00%.

The Heartland Bank is located in Arkansas and has been serving their community for 75 years now. There is also no minimum balance required to obtain the 3.00% APY rate but the upper limit is $15,000.99. Above this amount the APY is only 1.01% APY.

The AmericaNet Bank is an online bank owned by All America Bank. The offer of a 3.00% APY is available for deposits of $1 to $10,000. Amounts above this will receive an APY of 1.00%. If you do not make the monthly qualifications for your account, the APY will be reduced to 0.25% APY.

These are the best checking account rates available by the online banks in America for October 2011. All rates are current but are subject to change without any prior notice.

For additional resources involving financial help, please Money Market Rates with Online Banking for October 2011 on this website.

Can Online Banking Help the Working Poor

Douglas — Wed, 28 Sep 2011 11:00:49 +0000

Can Online Banking help the working poor is something many are now wondering. The break off for the poverty line is $22,314 for a family of 4. For every family that does not exceed that amount of income in a year is considered living in poverty.

The minimum wage set by the federal government is currently at $8.67 an hour. For a full years work without overtime this comes to $18,033.60. This is over $6,000 below the poverty line. There is no money for investing when an income is at this level, but there are ways to use the online banks, especially the checking accounts to help cut costs of the poor.

With the income that is coming in, the working poor can have a checking account that allows them to do their banking online. Even without a computer, they can use one at an internet or a public library. This will allow them to pay their bills online.

Paying your bills online has two major advantages. The first is the savings of what it would cost to mail the bills or postage. Since each bill costs $0.44 to mail, and the average home has an average of 6 bills each month can save over $31 a year by using their online banking accounts. While this does not sound like much, it will be a positive contribution to lowering the fixed cost each family has to pay.

Another place many of the poor fall short of that is associated with their bills is paying them late. Sometimes it is easier for many to never see the money and just let the schedule on their checking account pay the bills. Without having the money in hand, they tend not to spend it.

Can Online Banking Help the Working Poor? To a point they can. While they cannot always take advantage of the bank rates, they can use the system to their advantage in many areas of their financial business.

For additional resources involving financial help, please view Free Checking with Online Banking on this website.

Free Checking with Online Banking

Douglas — Tue, 27 Sep 2011 11:00:48 +0000

There still is free checking with Online Banking for those that know what to look for in a financial institution. The thing to look for in a bank when you no longer what to pay for allowing a bank to hold your money while you decide what to do with it will follow simple rules.

The first thing to look for is a low minimum balance required for free checking accounts along with a smallest number of debt transactions. The one thing that is standard amongst all of the free checking accounts today is the requirement of at least one direct deposit a month.

This one direct deposit does have a minimum amount in most instances, so those with customers with an income below $250 coming in on the direct deposit must be choosy shoppers when deciding on a bank. Other than that, this is a straight forward term for most.

What most American citizens have noticed is the past couple of years is that many of the financial institutions are no longer offering free checking. This banking service has been reduced from over 70% of the banks to less than 50% of them presently. This makes it your responsibility when investing your money in any of the online banks to know the terms of your accounts.

The current bank rates on the interest you can earn are well below 1% on average, but there are a few community banks that are still offering good rates. A good example is Liberty National Bank, in Kansas which is offering a bank rate of 4.11% APY for local residence on their checking accounts.

You can still find free checking with on line banking if you look. It is getting tougher with less than half of the financial institutions offering it, but they are still out there.

For additional resources involving financial help, please view positive effects of the recession towards online banking on this website.

Checking Rates with Online Banking for September 2011

Douglas — Fri, 02 Sep 2011 11:00:28 +0000

The current Checking rates with Online Banking for September 2011 are still attractive and are available to most anyone with an internet connection. The best of the online banks to offer the best bank rates at this time is from Farmers Bank and Trust.

Their Checking account rates at this time is 3.01% APY on all balances below $25,000 and above $0.01. Top qualify you must have one direct deposit into your account every month and make 10 Visa debit transactions. The enrollment in eStatements is also required and you must access your account online once a month. The residency requirement for this account is you must reside in Arkansas, Texas, Louisiana, Mississippi, Tennessee, Missouri or Oklahoma. For those that do not meet the requirements the APY is lowered to 0.15%.

If you wish to have the bank rate of 3.01% for your money while it is sitting in a checking account but cannot meet the above residency requirement than both Westfield Bank and Danvers Bank are available to you.

Both of these financial institutions have the same requirement to qualify for this bank rate with their financial institutions. You must have at least one direct deposit made into your account. You must also make 12 debit card transactions each month. The signing up for eStatements and access your account once a month is also required.

Westfield Bank and Danvers Bank both gives account holders the APY of 3.01% on balances between $0.01 and $25,000.

When it comes time for investing your money or just having it on deposit make sure the financial institution is insured by the FDIC. While most of them in the US are, some of the online banks are located outside the US and are not issued.

For additional resources involving financial help, please view One way Online Banks have changed on this website.

The New Mobile Banking with Bank of Internet USA

Douglas — Tue, 30 Aug 2011 11:00:31 +0000

The New Mobile Banking with Bank of Internet USA was introduced back in May of this year. This was an enhancement over what they were providing their customers. This new mobile service not only allows a person to conduct their banking with their mobile web service but also via text messaging.

With the new text mobile banking a customer can check their account balances, bring up their latest transaction, transfer funds between Bank of Internet accounts and also receive text alerts. The exact alerts you will receive is dependent on the one you chose for each of your Bank of Internet accounts.

This is a financial institution that made is name with its Online Banking services for investing and saving your money. They only offer this type of service over the internet so the cost savings of not running the brick and motor branch offices can be passed down to you, the customer in terms of better bank rates.

This is also one of the few online banks that are set up to allow deposits to your account over the internet. There is the MyDeposit system that allows any customer to use the program and scan their checks. This will automatically deposit the checks into their accounts so there is no need to mail the checks to this online bank.

The Bank of Internet also has rewards checking that not only can you earn up to 10% off on qualify purchases when you use your Visa Debit card, but you will also obtain interest on the balances you current hold. The current interest rate for the rewards checking account is 1.25% for balances above $5,000.

This is just some of what the New Mobile Banking with Bank of Internet USA has to offer their current customers.

For additional resources involving financial help, please view Current Trends with Online Banking on this website.

Current Trends with Online Banking

Douglas — Mon, 29 Aug 2011 11:00:54 +0000

Current Trends with Online Banking that are being used by many of the financial intuitions across the nation include ways to entice you to use their services are not a lucrative as they once were.

Before the financial crisis the large banks put the country thru, they had many offers that would reward their customers with. This was similar to the same kind of programs that the credit card industry used to entice customers to spend money they did not have by offing them a gift for going deeper into debt.

For those customers that liked investing their money in good programs thru their checking accounts, the days of rewards are over for the most part. The last of the major banks to cancel their debt rewards program was Chase.

While earlier in the year they were no longer offing it to new customers, they have now decided to end it totally. If you have been enjoying the rewards program from Chase, get your free token gift before October or it will be gone forever.

Of the online banks that still have this type of program is Capital One. Their rewards program is for free airlines miles when you spend money on your checking account. While there is no rewards program for any Savings or money market accounts, you can make a transfer into your checking account to earn bonus miles.

There are restrictions and limitations but the current bank rates are competitive for their interest bearing checking account.

Current Trends with Online Banking are for the financial intuitions to offer as little as possible while charging fees on nearly all types of services to increase their profit margins. It is the thanks the American public gets for bailing them out.

For additional resources involving financial help, please view Current Trend in ARM Mortgage Rates with Online Banking on this website.

Current Trend in Checking Rates with Online Banking

Douglas — Fri, 19 Aug 2011 11:00:39 +0000

Current Trend in Checking Rates with Online Banking is relatively the same as with other deposit accounts from the financial institutions across America that are not extremely attractive.

There are some bright spots available for local areas in particular markets that are considerably better than the average. This allows for those wishing to be investing or holding on to their money a few relatively good options depending on where you reside.

The best online banks are near the top of the list for checking account bank rates. The leading one is out of Kansas called Liberty National Bank. Their checking account is earning an APY of 4.11% APY for deposits below $10,000. This is good for Kansas residents lonely. Non-Kansas residence will earn an APY of 0.10%.

There are two financial institutions that are offering checking account APYs of 3.01% at this time. From Medina, Ohio is the Westfield Bank. They are offering their customers the Big Dream Checking Account that is earning an APY of 3.01% APY on balances below $25,000.

Danversbank out of Massachusetts is another bank offing their customers the Free Rewards Checking account that is earning an APY of 3.01% on all balances below $25,000.

The Heartland Community Bank from Little Rock, Arkansas has available to their customers the Heartland Interest Plus Checking Account. This account is earning an APY of 3.00% on all balances below $15,000.

From the state of Missouri is an APY of 2.75% APY being offered from the Royal Bank of Missouri located in the St. Louis area. This is with the Majestic Checking account and is available to those with deposits below $25,000.

The current trend in checking rates with Online Banking is not the best, but there are a few bright spots if you know where to look. These checking account rates were posted on August 19, 2011 but are subject to change without notice.

For additional resources involving financial help, please view Current Trend in CD Rates with Online Banking on this website.

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