U.S. Bank FlexPerks Travel Rewards Visa Olympics 25,000 Bonus Points + Points For Every Medal + Annual Fee Waived First Year (In Branch)

by Hilary Tran @ Bank Deal Guy

Fri Feb 09 10:08:27 PST 2018

The US Bank FlexPerks Travel Rewards Card has brought back its popular promotion for an increased signup bonus tied to Team USA’s performance in the Winter Olympics. This offer is currently only available in-branch, but will likely be offered online as well in the coming days. So, apply between February 5, 2018 and March 10, 2018,... Read More →

The post U.S. Bank FlexPerks Travel Rewards Visa Olympics 25,000 Bonus Points + Points For Every Medal + Annual Fee Waived First Year (In Branch) appeared first on Bank Deal Guy.

Self Lender Review: Is It Good?

by feedback@creditdonkey.com (Kim P) @ CreditDonkey

Mon Feb 05 00:00:00 PST 2018

Self Lender promises to help you build credit. But is it legit? Read this review to learn how it works.

If you don't have a credit history, creditors probably won't give you a chance. How can you build credit without someone giving you a break?

Enter Self Lender - a credit monitoring and credit building system that helps people with low or damaged credit increase their credit score.

Read on to see if Self Lender might be the right service for you.

What Is Self Lender?

Self Lender is a free credit monitoring system. But they also offer credit building loans. This is where they make their money.

Self Lender's credit monitoring service gives you on-demand access to your credit score. It gives you access to your credit history at all times. Self Lender also offers suggestions on how to improve your credit. They provide all of this free of cost.

However, the credit building loan is the real meat and potatoes of Self Lender. They provide loans regardless of your credit score. The main purpose of the loan is to build or improve a low credit score. In other words, they give you a chance no matter how many other lenders turned you down.

How Self Lender Works

The Self Lender loan isn't your typical loan. Think of it like a loan in reverse. You don't receive the proceeds from the loan upfront. Instead, it's placed in a Certificate of Deposit for you. The maturity date equals the term of the loan.

You then make payments over the course of the term of the loan (12 to 24 months). Your payments are both principal and interest. At the end of the term, the CD matures. You receive the principal, plus the small amount of interest it gained during that time.

As you make payments, Self Lender reports them to Experian, Equifax, and TransUnion. If you make your payments on time, this will help build up your credit score.

Who Benefits from Self Lender?

Self Lender is ideal for people who have little to no credit. If you've ever tried to apply for credit only to be turned down because you don't have any credit, you are a good candidate. How are you supposed to prove you are credit worthy if no one will extend credit?

This is where Self Lender helps the most. They don't pull your credit to determine eligibility.

It can also be a good option for those with damaged credit. With a poor credit history, many creditors will turn you down for new credit. Without new credit, it's nearly impossible to rectify your score. Self Lender can help by providing you with the credit building loan.

Opening an Account and What It Costs

Opening a Self Lender account takes about five minutes. They need the following information:

• Name
  
• Address
  
• Social Security number
  
• Date of birth
  
• Amount of income

Once you provide this information, Self Lender runs a check on ChexSystems. Similar to running your credit, this system checks your bank account history. This keeps an eye on how you treat your bank accounts. They look for overdrafts and bad checks. However, unless you let your overdrafts sit unpaid, you should be in good shape.

If your ChexSystems report comes back clean, Self Lender will ask you which loan amount you want from a predetermined list of options:

• $525 ($25 paid over 24 months)
  
• $545 ($48 paid over 12 months)
  
• $1,000 ($89 monthly payment over 12 months)
  
• $2,200 ($194 monthly payment over 12 months)

You then enter your payment information. You can use a checking account or debit card. However, using a debit card will cost you an additional 2.99% plus $0.30 as a convenience fee. Using your checking account is best.

Self Lender also charges a small administrative fee based on your loan amount. It varies between $9 and $15. The fee is non-refundable, but is a one-time fee.

How the Credit Builder Loan Helps

The moment you take out the Credit Builder Loan, you have a FDIC-insured Certificate of Deposit opened in your name. Like any other CD, you cannot touch the money until it reaches maturity. In this case, it's 12 or 24 months.

The bank deposits the full amount in the CD, allowing it to earn 0.10% interest over the next 12-24 months. While the interest is really peanuts, the real benefit lies in the payments you make towards the loan.

As long as you make each loan payment on time, Self Lender reports the timely payments to the credit bureaus. According to Self Lender, on average clients with the standard $1,100 loan and timely payments see their credit score increase as much as 45 points in just 6 months.

This only works, however, if all aspects of your credit are in line. For example, if you have a credit card with another company that you let default, your credit score will fall. This is independent of what the Credit Builder loan can do for you. It's up to you how you handle all aspects of your credit profile.

Pros and Cons of Self Lender

As with any financial product, there are pros and cons of Self Lender.

Pros

• All payments are reported to the credit bureau to help you build a credit profile.
  
• You have a "forced" savings account.
  
• You don't need a credit check to get approved.
  
• The upfront administrative fee is affordable.
  
• The interest rate is often less than that of a credit card.
  
• An installment loan may diversify your credit mix, which further helps your credit score.

Cons

• If you have a negative history with bank accounts, you may not qualify.
  
• Late payments are reported to the credit bureaus and could damage your credit.
  
• It costs you 5% per monthly payment if you miss the grace period of 15 days.
  
• The interest earned on the CD is next to nothing.
  
• You have to pay to take out the loan versus other free ways to build credit.

How It Compares to Other Options to Build Credit

Self Lender isn't the only way consumers with thin or damaged credit can build credit.

• Secured credit card: This option isn't free upfront, but it can be if handled correctly. Your credit line equals your deposit. You can find secured credit cards that require as little as $200 deposited. If you pay the balance off each month, you don't pay any interest. You can also get your deposit back if you upgrade or close your account.

• Co-signer on a loan: If you have a willing co-signer for a loan, you may be able to get approved for a standard credit card or installment loan.

• Authorized user: Ask to become an authorized user on a parent, sibling, or other close relative's credit card. Make sure you ask the credit card company beforehand if they report payment history for authorized users, though.

Bottom Line

If you've exhausted all other "free" options to build credit, Self Lender can be helpful. If you don't have anyone who can co-sign a loan or make you an authorized user, you have two options: a secured credit card or Self Lender. If you don't have the money to open a secured credit card, Self Lender may offer the lower cost way to build your credit.

Make sure before you take this option that you can afford the monthly payments. Paying for a loan that you will only pay late will damage your credit score and cost you money. When taken responsibly, though, the service can help you improve your score in a short amount of time.

Self Lender Review: Is It Good? appeared first on CreditDonkey

SmartFinancial Increases Net Income Available to Common Shareholders 26 Percent Compared to Prior Year

by Kelley Fowler @ SmartBank

Tue Oct 31 06:39:11 PDT 2017

KNOXVILLE, TN – October 30, 2017 – SmartFinancial, Inc. (“SmartFinancial”; NASDAQ: SMBK), announced today net income...

The post SmartFinancial Increases Net Income Available to Common Shareholders 26 Percent Compared to Prior Year appeared first on SmartBank.

Chase Total Checking Coupon Code

by Anthony Nguyen @ Bank Deal Guy

Tue Feb 13 09:46:15 PST 2018

The Chase Total Checking® account is Chase Bank’s most popular checking account, and one of the best checking accounts among all major banks. It’s also the most simple checking account offered by Chase and it’s very easy to use! Some great features that you can expect are online banking, bill pay, mobile banking services, plus... Read More →

The post Chase Total Checking Coupon Code appeared first on Bank Deal Guy.

Bank Of America Business Checking Review: $200-$2,000 Promotions

by Tony Phan @ Bank Bonus Guy

Mon Jun 13 17:00:50 PDT 2016

Get the latest sign-up promotions and bonuses for Bank of America’s Business Checking accounts here. Current ongoing offers have been for a $100 bonus, but sometimes a $200 and even a $2,000 promotion can be had. I’ll review your Business Checking account options as well. Bank of America Business Checking Review Highlights: Sign-up promotions ($100-$2,000) […]

Chase Premier Plus Checking Coupon Code

by Anthony Nguyen @ Bank Deal Guy

Tue Feb 13 09:59:56 PST 2018

Need a checking designed to help you easily manage your everyday banking needs & earn internet? You can with the Chase Premier Plus CheckingSM Account. Need more than basic checking with online bill pay and mobile banking? Not only can this checking account earn you interest, but you’ll also save money on ATM fees and other select... Read More →

The post Chase Premier Plus Checking Coupon Code appeared first on Bank Deal Guy.

Open/Fund Bank Accounts With Credit Cards For Promotions

by Tony Phan @ Bank Bonus Guy

Mon Jun 13 11:18:43 PDT 2016

Here’s a guide on using a credit card to fund the opening deposit when you sign-up for new Checking and Savings accounts for various banks. Common reasons for credit card funding bank accounts: To meet opening deposit requirements for new Checking/Savings account promotions. To help with credit card spending to meet a new credit card’s […]

Bank of the West $150 New Checking Account Bonus

by MM Team @ Banking Bonuses – Maximizing Money

Sun Jan 28 06:35:14 PST 2018

Bank of the West is offering $150 in bonus cash when you open a new personal checking account online or in-branch, set up a direct deposit of at least $250, and make 10 debit card purchases per month for 2 months.

This Bank of the West promotion is available to residents of Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin, and Wyoming. [Read More] Bank of the West $150 New Checking Account Bonus

The post Bank of the West $150 New Checking Account Bonus appeared first on Maximizing Money.

Don Neal

by Smart Bank @ SmartBank

Tue Jan 02 11:16:34 PST 2018

Don began his commercial real estate career in 1988. In 2008 he started Neal &...

The post Don Neal appeared first on SmartBank.

Byline in Chicago announces first acquisition since July IPO

by Moira Dolehide @ Byline Bank

Tue Nov 28 11:42:14 PST 2017

American Banker’s, Paul Davis has the story here.

The post Byline in Chicago announces first acquisition since July IPO appeared first on Byline Bank.

Chase Total Checking vs Premier Plus Checking Account Comparison

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 10:57:15 PST 2018

Looking to open a new checking account with Chase and not sure which one to open? Below, we’ll give you a comparison of the Chase Premier Plus CheckingSM and the Chase Total Checking® to find which one best suits you! Need more than basic checking with online bill pay and mobile banking? Not only can this Chase Premier Plus... Read More →

The post Chase Total Checking vs Premier Plus Checking Account Comparison appeared first on Bank Deal Guy.

Congratulations to Lindsay Corby for being recognized as one of Chicago’s Most Influential Women in Commercial Banking!

by Jessica Hall @ Byline Bank

Mon Nov 27 11:18:54 PST 2017

Byline Bank is proud to congratulate Lindsay Corby on being recognized as one of Chicago’s Most Influential Women in Commercial Banking. Lindsay’s leadership and dedication to excellence are an inspiration to all of us here at Byline Bank. Read the story here.

The post Congratulations to Lindsay Corby for being recognized as one of Chicago’s Most Influential Women in Commercial Banking! appeared first on Byline Bank.

Best Bank Promotions in 2018

by Best Bank Deals @ 2015 Bank Promotions

Mon Sep 14 01:40:48 PDT 2015

National Bank Deals and Bank incentives for new accounts. The Best Bank Offers from Top Banks in the US. National Banks Offering a Bonus for New Accounts in the US. Top Banks in the US Bank of America National Bank … Continue reading →

Best Bank Promotions in 2018

by Best Bank Deals @ Discover Bank Promotions – 2015 Bank Promotions

Mon Sep 14 01:40:48 PDT 2015

National Bank Deals and Bank incentives for new accounts. The Best Bank Offers from Top Banks in the US. National Banks Offering a Bonus for New Accounts in the US. Top Banks in the US Bank of America National Bank … Continue reading →

Newtown Savings Bank $100 Checking Bonus [CT Residents]

by Tony Phan @ MoneysMyLife

Fri Feb 09 22:00:33 PST 2018

Find updated Newtown Savings Bank promotions and bonuses at this page. Typical bonuses have been for $100, $150 and $200. Established in 1855 and headquartered in Newtown, Connecticut, Newtown Savings Bank has nearly 20 locations throughout the state. If you’re not a CT resident, head on over to our Bank Bonuses page for more suitable […]

BBVA Compass Bank Deals, Bonuses, & Promotions: $50, $100, & $200 Checking & Savings Offers

by Danny Nguyen @ Bank Deal Guy

Sat Feb 10 17:04:36 PST 2018

Find the latest BBVA Compass Bank Deals, Bonuses, & Promotions here at BankDealGuy! BBVA Compass Bank is available physically in a few states but available for residents in 48 contiguous states! Check out excellent checking, money market, savings, certificate of deposit accounts, and more! See below for our list of BBVA Compass Bank Deals. BBVA Compass Bank has numerous... Read More →

The post BBVA Compass Bank Deals, Bonuses, & Promotions: $50, $100, & $200 Checking & Savings Offers appeared first on Bank Deal Guy.

Ally Bank Online Checking, Savings, CD, Investing Promotions

by Tony Phan @ MoneysMyLife

Mon Feb 12 22:00:37 PST 2018

Ally Bank is another great online-only bank, and offers nationwide online Checking, Savings, Money Market, CD and IRA accounts that earn market leading rates. Ally Bank is an internet-only bank based in Utah and offers a wide variety of deposit accounts, as well as auto financing services. Their online banking platform features Ally eCheck Deposit, which offers […]

M&T Bank Deals, Bonuses, & Promotions: $150, $160, $200, & $250 Checking Offers

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 15:10:38 PST 2018

Check out our listing of M&T Bank Deals of $150, $160, $200, & $250 promotions. Let M&T Bank reach your financial goals with their full suite of bank accounts and lending solutions, including savings accounts, checking accounts, auto and home loans, and more! M&T Bank has branches in the following states: CT, DC, DE, FL, MD, NJ,... Read More →

The post M&T Bank Deals, Bonuses, & Promotions: $150, $160, $200, & $250 Checking Offers appeared first on Bank Deal Guy.

Difference Between Debit and Credit on Your Bank Card

by Brandon Rowe @ Bromoney

Tue Jan 11 11:01:38 PST 2011

Anyone who has used their bank’s check card to pay for items knows that you can use debit or credit to make purchases, but most people don’t know what the difference is besides the fact that with debit you have to enter a pin, and with credit you need to sign. One of the key […]

Chicago’s Byline Bank buys leading Evanston community bank

by Moira Dolehide @ Byline Bank

Tue Nov 28 11:33:56 PST 2017

Read the Crain’s Chicago Business story on Byline Bank here.

The post Chicago’s Byline Bank buys leading Evanston community bank appeared first on Byline Bank.

Chase Bank Bonus Coupon Codes – $150, $200, $350, $500 – New $500 Combo Link Available

by MM Team @ Banking Bonuses – Maximizing Money

Wed Jan 10 14:31:31 PST 2018

Check out these Chase Bank bonus coupon codes to earn a $150, $200, $350, or even $500 cash reward when you open a new Chase checking account or savings account including business accounts, plus there is a new $500 Chase combo link available through March 3, 2018. [Read More] Chase Bank Bonus Coupon Codes – $150, $200, $350, $500 – New $500 Combo Link Available

The post Chase Bank Bonus Coupon Codes – $150, $200, $350, $500 – New $500 Combo Link Available appeared first on Maximizing Money.

Chicago’s Byline Bank to buy First Evanston for $169 million

by Moira Dolehide @ Byline Bank

Tue Nov 28 11:39:24 PST 2017

Chicago Tribune’s, Samantha Bomkamp reports on Byline’s upcoming acquisition. See the full story here.

The post Chicago’s Byline Bank to buy First Evanston for $169 million appeared first on Byline Bank.

SmartBank SmartChoice Business Change In Terms Notice

by Smart Bank @ SmartBank

Tue Sep 19 15:51:55 PDT 2017

Effective November 12, 2017, SmartBank will be making some changes to your current SmartBank SmartChoice...

The post SmartBank SmartChoice Business Change In Terms Notice appeared first on SmartBank.

How To Save Money to Buy a House

by bankadmin @ Heritage Bank

Thu Feb 08 09:39:05 PST 2018

The days of paying no money down for a house are done. Most homebuyers today make at least a small down payment when applying for a new mortgage, and some choose to place 10 to 20 percent of the sales price or more as a down  payment. When you crunch the numbers, you may be […]

The post How To Save Money to Buy a House appeared first on Heritage Bank.

Byline Sponsor Finance Group supports Spell Capital Partners in its acquisition of Viking Engineering & Development, Inc.

by Jessica Hall @ Byline Bank

Tue Jan 23 09:06:38 PST 2018

NEWS RELEASE FOR IMMEDIATE RELEASE January 23, 2018 Byline Sponsor Finance Group supports Spell Capital Partners in its acquisition of Viking Engineering & Development, Inc. Byline Bank’s Sponsor Finance Group (“BSFG”), the cash flow lending division of Chicago-based Byline Bank, announced that it provided revolving and term credit facilities to finance Spell Capital Partners investment in […]

The post Byline Sponsor Finance Group supports Spell Capital Partners in its acquisition of Viking Engineering & Development, Inc. appeared first on Byline Bank.

Northern Paper Mills CU $100 Checking Account Cash Bonus – Wisconsin

by MM Team @ Banking Bonuses – Maximizing Money

Fri Feb 02 13:37:39 PST 2018

If you live or work in Brown County, Wisconsin, or work for Georgia Pacific Corporation in Green Bay, Wisconsin, you can earn a $100 bonus for opening a new personal checking account with Northern Paper Mills Credit Union. [Read More] Northern Paper Mills CU $100 Checking Account Cash Bonus – Wisconsin

The post Northern Paper Mills CU $100 Checking Account Cash Bonus – Wisconsin appeared first on Maximizing Money.

Hong Tran

by Smart Bank @ SmartBank

Tue Jan 02 11:19:47 PST 2018

Hong Tran is the Operations Services Director for the Baptist Heart & Vascular Institute of...

The post Hong Tran appeared first on SmartBank.

TD Bank Checking Account Promotions: $150 And $300 Bonuses!

by Tony Phan @ Bank Bonus Guy

Sat Jun 11 17:00:23 PDT 2016

Find TD Bank Checking Account promotions for bonus money, smartphones, electronics and more here. You can find 1,300 TD Bank branch locations throughout the following states: Connecticut, District of Columbia, Delaware, Florida, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia, Vermont. TD Bank has a limited time […]

HSBC Bank Deals, Bonuses, & Promotions: $100, $200, $350, $600, $750 Checking Offers

by Hilary Tran @ Bank Deal Guy

Fri Feb 09 13:04:52 PST 2018

Check out our listing of HSBC Bank Deals of $100, $200, $350, $600, & $700 promotions. At HSBC they seek to build trust-based and lasting relationships with their many stakeholders to generate value in society and deliver long-term shareholder returns. HSBC Bank is available nationwide but has physical branches in the following states: CA, CT, DC,... Read More →

The post HSBC Bank Deals, Bonuses, & Promotions: $100, $200, $350, $600, $750 Checking Offers appeared first on Bank Deal Guy.

Chase United TravelBank Card $150 Bonus + No Foreign Transaction Fee + No Annual Fee

by Danny Nguyen @ Bank Deal Guy

Mon Feb 12 09:43:02 PST 2018

Compare this card with other travel related cards here. With the United℠ TravelBank Card, you can $150 in TravelBank cash after you spend $1,000 on purchases in the first 3 months your account is open. In addition to the bonus incentive, you will earn 2% in TravelBank cash per $1 spent on tickets purchased from United and 1.5%... Read More →

The post Chase United TravelBank Card $150 Bonus + No Foreign Transaction Fee + No Annual Fee appeared first on Bank Deal Guy.

Dime Savings Bank 3.10% 7 Year CD

by Brandon Rowe @ Bromoney

Tue Mar 01 19:53:42 PST 2011

Dime Savings Bank is currently offering a 3.10% APY 7 year CD and a 2.5% 5 year CD with a minimum deposit of $500. The thing about Dime Savings is that if you withdraw early on their long term accounts you lose 2 years’ interest on your CD, if they even let you remove your […]

Chase $50 College Checking Bonus Coupon [Many States]

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 09:51:44 PST 2018

You cannot go wrong banking with one of the highest ranking banks in America! With access to over 16,000 Chase ATMs, 5,100 branches and the ability to deposit checks from virtually anywhere, anytime, just by taking a photo with the Chase Mobile®app. Opening a new Chase College CheckingSM Account offers you the potential to earn a $50 bonus... Read More →

The post Chase $50 College Checking Bonus Coupon [Many States] appeared first on Bank Deal Guy.

Credit Card Agreement And Disclosure Notice Change In Terms

by Smart Bank @ SmartBank

Tue Sep 19 15:57:38 PDT 2017

Effective November 12, 2017, SmartBank will be making some changes to your current credit card...

The post Credit Card Agreement And Disclosure Notice Change In Terms appeared first on SmartBank.

M&T Bank $200 Checking Bonus [AZ, CO, CT, DC, DE, FL, MD, NJ, NY, OR, PA, VA, WA, WV] (YMMV)

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 15:12:32 PST 2018

If you are a resident in one of the following states: AZ, CO, CT, DC, DE, FL, MD, NJ, NY, OR, PA, VA, WA, or WV, M&T Bank is offering you a $200 bonus when you open a new personal Checking Account with promo code TE and completing certain requirements! Below is all the information and details you need to... Read More →

The post M&T Bank $200 Checking Bonus [AZ, CO, CT, DC, DE, FL, MD, NJ, NY, OR, PA, VA, WA, WV] (YMMV) appeared first on Bank Deal Guy.

LifeLock Review: Is It Worth It?

by feedback@creditdonkey.com (Kim P) @ CreditDonkey

Tue Feb 06 00:00:00 PST 2018

Protecting yourself against identity theft seems like it's worth its weight in gold. Do you really get as much protection as you think with services like LifeLock? Find out below.

Last year more than 143 million people had their personal information exposed during the Equifax hack. This demonstrates just one of the thousands of security breaches that happen each year. LifeLock claims to protect your identity from these types of incidents beyond what a basic credit freeze offers.

LifeLock claims to monitor more than just your credit. They monitor the dark web, unauthorized address changes, online scams, and public records. The depth of the monitoring you get depends on the chosen plan. LifeLock also offers identity theft restoration services and 24-hour customer service.

With a LifeLock membership, you can monitor one driver's license number and Social Security number. But you can monitor up to 10 credit cards and/or bank accounts. You may also enter up to five home addresses, email addresses, and phone numbers.

Who Is LifeLock Best For?

• If you are at high risk for identity theft: Consumers who aren't proactive in their attempts to protect identity theft may benefit from the service. While LifeLock can't prevent identity theft, it can alert members of a breach. Think of it like an alarm system. The crime has been committed, but now you can attempt to minimize the damages.

• If you don't know how to recover from identity theft: Identity theft is overwhelming. Victims must take several steps to stop the perpetrator from doing more damage. There could also be damages that must be undone, such as unauthorized accounts opened in their name or fraudulent use of medical insurance/benefits. LifeLock's bread and butter is their restoration services, helping victims put their lives back together.

• If you don't regularly check your credit and/or financial accounts: Checking your credit reports, monitoring bank statements, and watching your credit card accounts is time-consuming. If you aren't vigilant about watching these accounts, LifeLock may give you a little peace of mind knowing you may receive an alert if something is amiss.

Why We Like LifeLock

• Learn of a breach early: There's no foolproof way to prevent identity theft or fraud. What LifeLock offers, though, is quick notification of certain adverse actions on your accounts. This gives you the chance to try to minimize the damages before they get out of hand.

• Restoration services help repair the damage: After you experience identity theft or fraudulent account activity, LifeLock's agents offer their services in fixing the problem. They may not be able to fix everything, but having their expertise on your side may help.

• Reimbursement for loss funds: Each of LifeLock's plans offer coverage, similar to an insurance policy for lost or stolen funds. However, their reimbursement is subject to many restrictions, especially if another insurance policy or financial institution will cover the loss.

• User-friendly platform and app: Members can access the LifeLock member portal on their PC, laptop, or mobile device. In the platform, members have access to their account information as well as all alerts, whether critical or non-critical. Members can view the alerts at their leisure and determine what/if anything they must do.

• Multiple alert options: LifeLock offers several alert options to make sure you are aware of a potential situation. They offer alerts via phone, email, and text. You can also customize the alerts you receive, changing thresholds for various accounts based on your needs.

• 24/7 customer service 365 days a year: LifeLock representatives are available for questions and concerns 24/7 every day of the year. However, any restoration services are only available during business hours.

• Lost Wallet Protection: Losing your purse or wallet may put you at risk for identity theft and/or credit card fraud. LifeLock offers assistance in handling the tasks necessary to stop anyone from using the lost information. They include this service in all 3 plans.

• Scans a trillion data points regularly: LifeLock claims to scan a trillion data points daily. The exact data points they scan will determine how well it protects you. However, it's likely more than you would scan yourself, and even a small bit of protection may help.

• Monitors accounts rather than freezes them: A credit freeze prevents thieves from accessing your credit information moving forward. If you were already hacked, though, the criminals have what they need. Monitoring may help alert you of any new activity even after you freeze your credit.

Why You Might Look Elsewhere

• Only one credit bureau monitored with the first two plans: You have to pony up and pay for the most expensive plan to get monitoring of all three credit bureaus. Since not all companies report to all three bureaus, you may not have the protection you need.

• Limited coverage guarantee: Despite their million dollar coverage guarantee, there are many limitations. If your identity is stolen or accounts hacked into, it must be due to some failure or defect on LifeLock's behalf for the guarantee to take effect. If LifeLock did what they promised and you still got hacked, the guarantee may not apply.

• No family plan: If you want to protect more than one family member, such as a spouse or child, you have to pay for separate plans. This could get costly depending on how many family members you want to protect.

Plans

All plans include the following:

• Dark web monitoring
  
• LifeLock Privacy Monitor
  
• Notification of unauthorized address changes
  
• Lost Wallet Protection
  
• Alerts for Social Security number breaches

In addition to the basic features, LifeLock has three tiers to choose from:

• LifeLock Standard: As the cheapest plan available, this plan monitors one credit bureau and provides up to $25,000 reimbursement for stolen funds.

• LifeLock Advantage: The mid-plan still only monitors one credit bureau, but they also provide the credit score from that bureau. It also offers bank account and credit card monitoring and notifications of data breaches. LifeLock will also provide crime reports for your area and report on any fictitious identity issues.

• LifeLock Ultimate Plus: The largest plan offered provides all of the above benefits, plus monitoring of all three credit bureaus with credit scores. You may also request monthly credit scores from one credit bureau; however, it is the Vantage 3.0 score, not FICO. You can also opt to have certain investment accounts monitored and receive alerts of bank account takeovers. LifeLock also provides priority customer service for Ultimate Plus members.

Customer Service

LifeLock's customer service seems to be where they shine. With accessibility around-the-clock, either on the phone or online chat, customers can ask questions and address concerns any time of day or night. If you experienced identity theft of credit card fraud, you'll need to wait until business hours to secure any restoration services, though. Chances are this is due to the representative's need for access to the bank and credit card companies that operate during business hours.

LifeLock also offers a breadth of customer service options online. Their member portal is user friendly and provides all up-to-date information about your account statuses. Their website also offers a multitude of resources that may either answer your question or help you figure out what to do next.

How It Compares

• Identity Guard: With Identity Guard, you get basic identity protection with the exception of driver's license number monitoring. They offer a breadth of services that monitor what happens on your accounts, but they lack the restoration services needed to pick up the pieces. Their customer service is more of an "advice line" than professionals fixing the problem.

• ID Shield: With ID Shield, you get a $5 million guarantee if your identity is stolen, and you can monitor up to 2 adults and 8 children on one plan. However, they only monitor one credit bureau (TransUnion), no matter which plan you choose. In the event that your identity is stolen; however, you have access to private investigators who also help you restore your identity and/or accounts.

• IdentityForce: With IdentityForce, you get more than financial protection. They monitor social media sites, blogs, and court records too. Their most basic plan includes most everything LifeLock's most expensive plan offers. However, they do not offer a family plan.

Bottom Line

So is LifeLock worth it?

If you are willing to pay for credit monitoring because you won't do it yourself, it may give you a little more protection against identity theft. Keep in mind that there's no way to completely prevent someone from stealing all or part of your identity. If you are not proactive in keeping your passwords secure and monitoring your accounts on a regular basis, it might be worth the peace of mind to know when something is amiss.

LifeLock Review: Is It Worth It? appeared first on CreditDonkey

Meeting Direct Deposit Requirements For Bank Bonuses

by Tony Phan @ Bank Bonus Guy

Mon Jun 13 10:58:46 PDT 2016

Many bank promotions require that you set up Direct Deposit in order to be eligible for the offers. Here’s a guide on some tips and tricks on meeting this requirement. While there are a few bank bonus offers that don’t require Direct Deposit, most of the higher value promotions do. The terms and conditions of […]

British Airways Visa Signature Card 75,000 Avios Bonus + 3 Avios for Every $1 Spent on British Airways Purchases

by Anthony Nguyen @ Bank Deal Guy

Mon Feb 12 09:44:23 PST 2018

Compare this card with other travel related cards here. The British Airways Visa Signature® Card is offering a chance to earn up to 75,000 bonus Avios. Earn 50,000 bonus Avios after you spend $3,000 on purchases within the first 3 months of account opening. Plus, earn an additional 25,000 bonus Avios after you spend $10,000 on purchases within your first year of account... Read More →

The post British Airways Visa Signature Card 75,000 Avios Bonus + 3 Avios for Every $1 Spent on British Airways Purchases appeared first on Bank Deal Guy.

Chase Savings Coupon Code

by Anthony Nguyen @ Bank Deal Guy

Tue Feb 13 09:34:22 PST 2018

The Chase SavingsSM Account is made simple. With this account, you can start saving with ease! You’ll have access to chase.com and our mobile banking tools. Plus, 24-hour customer support is just a phone call away. See table below for more info regarding the Chase SavingsSM Account Coupon. For more offerings from Chase, be sure to... Read More →

The post Chase Savings Coupon Code appeared first on Bank Deal Guy.

Capital One 360 Checking Review And Current Promotions

by Tony Phan @ Bank Bonus Guy

Sat Jun 11 17:00:17 PDT 2016

The Capital One 360 Checking is the online checking account option offered by Capital One bank. Because it is an online bank, anyone in the United States can apply. It has gained popularity due to it being fee-free and it’s actually an interest-earning checking account. Capital One 360 Checking review highlights: Current interest rates Account […]

Byline Bancorp Announces Agreement to Acquire First Evanston Bancorp

by Moira Dolehide @ Byline Bank

Mon Nov 27 14:25:59 PST 2017

NEWS RELEASE FOR IMMEDIATE RELEASE November 27, 2017 Highlights Expands Byline’s footprint into attractive Evanston market with significant scale and #2 market share Strengthens and further diversifies Byline’s commercial banking business Continues Byline’s focus on high quality, low-cost core deposits Creates the largest community bank in Chicago with assets under $10 billion Byline’s first acquisition […]

The post Byline Bancorp Announces Agreement to Acquire First Evanston Bancorp appeared first on Byline Bank.

Chase Freedom Credit Card $150 Bonus + 5% Quarterly Cash Back + No Annual Fee

by Anthony Nguyen @ Bank Deal Guy

Mon Feb 12 09:46:28 PST 2018

Compare this card with other cash back cards here. With the Chase Freedom® Card, you can earn a $150 bonus after you spend $500 on purchases during your first 3 months of opening an account! Additionally, you can enjoy a 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and unlimited... Read More →

The post Chase Freedom Credit Card $150 Bonus + 5% Quarterly Cash Back + No Annual Fee appeared first on Bank Deal Guy.

Chase Bank $200 Business Checking Bonus [Many States]

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 09:50:24 PST 2018

Looking to open a business checking account? Chase is now offering you a $200 bonus when you open any new Business Checking Account and meet certain requirements. Just simply submit your email to receive the coupon offer! Below is all the information and details you need to earn your Chase Total Business Checking® Bonus! Editor’s Note: If you’re interested in what... Read More →

The post Chase Bank $200 Business Checking Bonus [Many States] appeared first on Bank Deal Guy.

SmartFinancial, Inc. And Capstone Bancshares, Inc. Shareholders Approve Merger-Related Proposals

by Kelley Fowler @ SmartBank

Tue Sep 19 06:21:12 PDT 2017

KNOXVILLE, Tenn. and TUSCALOOSA, Ala. – September  19, 2017 – SmartFinancial, Inc., parent company of...

The post SmartFinancial, Inc. And Capstone Bancshares, Inc. Shareholders Approve Merger-Related Proposals appeared first on SmartBank.

Top 10 Banks Rated by Customer Satisfaction

by Brandon Rowe @ Bromoney

Wed Jan 12 06:49:57 PST 2011

I mostly write about interest rates on this blog, but another important factor when looking at banks is customer satisfaction. Everyone knows how important it is for a bank to have great customer service and most people are willing to take a small cut in interest rates in order to work with a bank that […]

SmartFinancial Reports Break-Even Net Income for the Fourth Quarter after Deferred Tax Asset Charge

by Kelley Fowler @ SmartBank

Wed Jan 31 15:09:28 PST 2018

Performance Highlights Record high total assets of $1.7 billion, net loans of $1.3 billion, and...

The post SmartFinancial Reports Break-Even Net Income for the Fourth Quarter after Deferred Tax Asset Charge appeared first on SmartBank.

Apply For Chase Premier PlusSM Checking and Receive $300 Bonus

by Anthony Nguyen @ Bank Checking Savings

Tue Feb 13 09:30:47 PST 2018

The Chase Premier Plus CheckingSM account is a great checking option to consider and now you can request a coupon online and it offers new customers the chance to earn a $300 bonus! The bonus is a limited time offer that expires on 04/16/2018. It’s especially appealing because all you have to do is follow few simple steps... Keep Reading↠

The post Apply For Chase Premier Plus^SM Checking and Receive $300 Bonus appeared first on Bank Checking Savings.

Best Bank Bonuses in Connecticut

by Anthony Nguyen @ Bank Checking Savings

Tue Feb 13 07:15:00 PST 2018

Editor’s Note: If this is not your state, you can click on the state(s) above to see the Best Bank Bonuses being offered in your selected state(s). Connecticut is home to the United States Coast Guard Academy, but you don’t have to worry about them guarding the Best Bank Bonuses in Connecticut! While some of these promotions are straightforward, others come... Keep Reading↠

The post Best Bank Bonuses in Connecticut appeared first on Bank Checking Savings.

Chase Savings Account Review: $150, $200 and $300 Promotional Codes

by MM Team @ Banking Bonuses – Maximizing Money

Fri Jan 26 15:59:32 PST 2018

The Chase Savings Account is now offering 3 different promotions, including a $150 cash bonus when you deposit $10,000, a $200 bonus when you deposit $15,000, and a $300 bonus when you deposit $25,000. [Read More] Chase Savings Account Review: $150, $200 and $300 Promotional Codes

The post Chase Savings Account Review: $150, $200 and $300 Promotional Codes appeared first on Maximizing Money.

Hard Pull Vs. Soft Pull Data For Opening Top Bank Accounts

by Tony Phan @ Bank Bonus Guy

Mon Jun 13 10:40:05 PDT 2016

Here’s a guide on which Banks will do a Hard or Soft credit inquiry when opening new Checking, Savings and Business accounts. This is important when you’re looking to take advantage of new bank promotions offering cash at sign-up. You’ll want to be careful about getting too many Hard inquires if you’ll be applying for […]

Byline Commercial Real Estate marks 200th deal with Brennan Investment Group

by Moira Dolehide @ Byline Bank

Fri Dec 08 11:22:49 PST 2017

We’re thrilled to announce that our Commercial Real Estate (CRE) team has closed their 200th deal since the department’s recapitalization–that averages to nearly a loan a week. The closing of the Brennan Investment Group loan has brought Byline Bank’s CRE to $740 million in commitments. We’re so grateful to all our customers who provide us […]

The post Byline Commercial Real Estate marks 200th deal with Brennan Investment Group appeared first on Byline Bank.

Wells Fargo Business Checking Offer: $500 Promotion (Nationwide) *Targeted*

by Howard Young @ Bank Checking Savings

Mon Feb 12 15:14:21 PST 2018

If you are a current business owner and has recently received a targeted offer, then now is your chance! Wells Fargo is currently offering qualified business owners nationwide a generous $500 bonus when you sign up and open a new Business Choice or Platinum Business Checking account by April 2, 2018. To qualify for the bonus, all... Keep Reading↠

The post Wells Fargo Business Checking Offer: $500 Promotion (Nationwide) *Targeted* appeared first on Bank Checking Savings.

Byline Bank to acquire First Bank & Trust

by Moira Dolehide @ Byline Bank

Tue Nov 28 11:48:21 PST 2017

Read Evanston Now’s full story by Bill Smith here.

The post Byline Bank to acquire First Bank & Trust appeared first on Byline Bank.

Chase Bank Business Savings Account $200 Cash Promotion

by MM Team @ Banking Bonuses – Maximizing Money

Mon Feb 12 05:04:04 PST 2018

Get a $200 bonus when you open a Chase Business Savings Account in-branch and deposit a minimum of $15,000 for at least 90 days. [Read More] Chase Bank Business Savings Account $200 Cash Promotion

The post Chase Bank Business Savings Account $200 Cash Promotion appeared first on Maximizing Money.

SmartFinancial, Inc. to acquire Tullahoma, TN-based Southern Community Bank

by Kelley Fowler @ SmartBank

Tue Dec 12 15:02:18 PST 2017

KNOXVILLE, Tenn. – December 12, 2017 – SmartFinancial, Inc., parent company of SmartBank (“SmartFinancial”) (NASDAQ:...

The post SmartFinancial, Inc. to acquire Tullahoma, TN-based Southern Community Bank appeared first on SmartBank.

Cincinnati Federal Review: $250 Checking Account Bonus [OH Residents]

by Tony Phan @ MoneysMyLife

Mon Feb 12 00:45:30 PST 2018

Find the latest promotions and bonuses from Cincinnati Federal updated here. Offers have typically ranged from $150 to $250 in the past. Established in 1922 and headquartered in Cincinnati, Ohio, Cincinnati Federal has 4 locations in the state. If you’re not an Ohio resident, use our Bank Bonuses page for other offers, including those from […]

Chase Total Checking Account Bonus

by Liz Pham @ Bank Deal Guy

Tue Feb 13 08:06:46 PST 2018

Right now, Chase Bank is offering a sign-up bonus when you open their Chase Total Checking® Account. This account is very easy to use and you’ll have access to many features such as online banking, bill pay, mobile banking services like Chase DepositFriendlySM ATMs nationwide, and more! With over 16,000 ATMs and 5,100 branches, convenience is definitely... Read More →

The post Chase Total Checking Account Bonus appeared first on Bank Deal Guy.

Chase Business Checking Account $200 Banking Bonus

by MM Team @ Banking Bonuses – Maximizing Money

Wed Jan 03 04:09:37 PST 2018

There is a brand-new offer for a $200 bonus when you open a Chase Total Business Checking account (or any Chase business checking account), deposit $1,000 within 10 business days of account opening, maintain that $1,000 balance for 60 days, and complete 5 qualifying transactions within 60 days, including debit card purchases, Chase QuickDeposit, ACH (credits), and wires (credits and debits). [Read More] Chase Business Checking Account $200 Banking Bonus

The post Chase Business Checking Account $200 Banking Bonus appeared first on Maximizing Money.

Bank of the Eastern Shore Closed by FDIC

by Brandon Rowe @ Bromoney

Sun Apr 29 14:52:23 PDT 2012

The FDIC shut down the Bank of the Eastern Shore in Maryland on Friday bringing the total bank failures to 22 this year. That’s down from 39 bank failures at the same point last year. Four other banks were closed on the same day including: Harvest Bank of Maryland, Plantation Federal Bank in South Carolina […]

Chase Coupon Promo Codes: $200, $300, $350, $500 (Feb 2018)

by Tony Phan @ MoneysMyLife

Sat Feb 10 22:02:32 PST 2018

Chase Bank coupon codes, bonuses, and promotions for their Checking, Savings and Business accounts can all be found up-to-date here. Chase promotions are constantly updated throughout the year, so bookmark this page for updates. Many Chase coupon codes are periodically available. Current and past coupons include the following: $100, $150, $175, $200, $250, $300, $350, $400, $500, $600 and […]

SmartFinancial, Inc. Closes Acquisition of Tuscaloosa, Alabama-based Capstone Bank

by Kelley Fowler @ SmartBank

Wed Nov 01 06:46:20 PDT 2017

KNOXVILLE, Tenn. and TUSCALOOSA, Ala., Nov. 1, 2017 (GLOBE NEWSWIRE) – The merger of SmartFinancial,...

The post SmartFinancial, Inc. Closes Acquisition of Tuscaloosa, Alabama-based Capstone Bank appeared first on SmartBank.

Chase Business Employee Deposit Card Review

by Anthony Nguyen @ Bank Checking Savings

Mon Feb 12 15:50:47 PST 2018

Chase introduces yet another extension of their Business Services for all of you entrepreneurs, sole-proprietaries, etc., out there that just want more when it comes to convenience. Now you can avoid the hassle of making high-volume business deposits with Chase’s Business Employee Deposit Card. These cards would provide a helping hand for those of you... Keep Reading↠

The post Chase Business Employee Deposit Card Review appeared first on Bank Checking Savings.

SmartBank Makes $15,000 Contribution To Friends Of The Smokies

by Kelley Fowler @ SmartBank

Mon Aug 28 07:44:28 PDT 2017

Pigeon Forge, Tenn. –SmartBank President and CEO, Billy Carroll, along with Vice-Chairman of the Board,...

The post SmartBank Makes $15,000 Contribution To Friends Of The Smokies appeared first on SmartBank.

Byline Sponsor Finance Group supports LFM Capital in its acquisition of Medix Specialty Vehicles, LLC

by Jessica Hall @ Byline Bank

Tue Nov 28 08:30:11 PST 2017

NEWS RELEASE FOR IMMEDIATE RELEASE November 28, 2017 Byline Sponsor Finance Group supports LFM Capital in its acquisition of Medix Specialty Vehicles, LLC Byline Bank’s Sponsor Finance Group (“BSFG”), the cash flow lending division of Chicago-based Byline Bank, announced that it provided revolving and term credit facilities to finance LFM Capital’s investment in Medix Specialty Vehicles, […]

The post Byline Sponsor Finance Group supports LFM Capital in its acquisition of Medix Specialty Vehicles, LLC appeared first on Byline Bank.

Premier America Credit Union Promotions: $50 + $50 Bonus [CA, TX Residents]

by Tony Phan @ MoneysMyLife

Sun Feb 11 22:00:26 PST 2018

Premier America Credit Union promotions and sign-up bonus offers will be updated at this page. Typical offers in the past have been for $100 to $200 in bonus cash. Headquartered in Chatsworth, California and established in 1957, Premier America Credit Union has around 20 locations in California and Texas. If you’re not a resident of either […]

M&T Bank $150 Cash Bonus For Personal Checking Accounts

by Tony Phan @ Bank Bonus Guy

Tue Jun 07 12:42:46 PDT 2016

Get new M&T bank promotions, bonuses and offers here. Typical bonus amounts have been for $100, $150 and $200. M&T Bank has branches in these states: Connecticut, District of Columbia, Delaware, Florida, Massachusetts, Maryland, New Jersey, New York, Oregon, Pennsylvania, Virginia, and West Virginia. M&T Bank review highlights: M&T checking promotion Author’s verdict Expiration: 06/30/2016 […]

Alliant Credit Union Checking, Savings, CD Promotions & Offers

by Tony Phan @ MoneysMyLife

Mon Feb 12 22:00:36 PST 2018

Find the latest promotions, offers, and updated rate information for Alliant Credit Union here. Alliant Credit Union is based in Illinois and offers personal banking products and loans to hundreds of thousands of members. Unlike many credit unions, Alliant allows anyone nationwide to join with just a $10 charitable donation to Foster Care to Success. […]

Discover Bank Review: CD Rates and Savings

by feedback@creditdonkey.com (Lee M) @ CreditDonkey

Thu Feb 08 00:00:00 PST 2018

Discover offers high interest rates on its online savings and CD accounts. But there are some downsides. Here's what you need to know before you open an account.

Traditional savings accounts pay very little interest. If you want to earn a more impactful return on your savings, online banks often offer higher rates.

In this article, we will look at how you can use Discover's Online Savings Accounts and CDs to help grow your savings.

How It Works

Discover offers high yield savings accounts and Certificates of Deposit (CDs). Both earn a higher interest rate than a typical savings account. However, the two products work in fundamentally different ways.

• Discovers Online Savings Accounts can earn up to a 1.40% annual percentage yield (APY). They work much like typical savings accounts, except that Discover does not have any physical branch locations.

• Discover's CDs require you to deposit your savings for a set period of time. Withdrawing funds from a CD before the term has ended will incur a penalty. Also, CDs often have a higher minimum deposit than savings accounts. Due to these requirements, some CDs earn a higher APY than savings accounts.

Now that we've covered the basics, let's get into the specifics.

Discover Bank Promotions: February 2018

Online Investor Savings

Discover is an online bank, so they don't have many of the overhead costs that brick-and-mortar banks do. This allows Discover to offer no minimum deposit and a high APY on its Online Savings Account. Here are some additional details:

• 1.40% APY
  
• No minimum deposit
  
• No account opening fees
  
• No monthly maintenance fees
  
• Daily compounding interest
  
• Free online and mobile banking
  
• FDIC insured

As with any savings account, you'll be limited to 6 withdrawals per month. This is a federally-imposed limitation.

If you need to withdraw money from your Discover savings account, you have a few options: internal Discover transfers, external transfers to another bank, wire transfers, and mailed checks.

Certificate of Deposit (CD)

For CDs, you must deposit a fixed amount of money for a fixed amount of time.

There are a few key factors to consider when deciding on a CD: the term length, the minimum deposit, and the APY. Discover also offers some retirement account qualified CDs, which can be a good option to supplement your retirement savings. Contact your financial professional to see if these retirement options are right for you.

Here are your options:

• Term CDs: Discover's basic CDs are available in 3, 6, 9, 12, 18, 24, 30 months, and 3-, 4-, 5, 7- or 10-year terms. They require a minimum deposit of $2,500, and their APY range from .35% to 2.45%.

• IRA CDs: Discover offers a retirement account qualified CD option as well, if you qualify. Both Roth (post-tax) and Traditional (pre-tax) options are offered. Terms and APY of these products are similar to that of Discover’s term CDs.

Why We Like Discover

Here are a few things that we like about Discover's online savings accounts and CDs:

• Low minimum deposits: If you have just started saving or want to set aside a small balance, Discover can be a great choice. Their Online Savings have no minimum balance requirements at all. Their deposits for term CDs and IRA CDs are some of the lowest in the industry.

• High rates: Discover's Online Savings offers such a high APY that it outperforms some of their short-term CDs. This is great news for anyone looking to save, but especially for those who can't pay the high minimum deposits that some other banks require. And if you meet a higher minimum deposit, you can earn as much as 2.45% APY on a CD, depending on term length.

• Minimal fees: Discover cuts out many fees that other banks profit from. For example, you will not be charged any account opening or maintenance fees.

• Retirement options: Discover offers IRA CDs, which can be utilized in a retirement planning strategy.

Reasons You Might Skip Discover Savings

For all of Discover's advantages, there are some downsides that need to be considered:

• No branch locations: In exchange for the high interest rate on your online savings account, you are required to do your Discover banking online or over the phone.

• No ATM card: Discover Savings does not provide an ATM card for easy withdrawals. This could be a good thing so you’re not tempted to spend your money. But if you like that convenience, look into their Money Market account instead. Or there are some other online savings accounts that come with an ATM card.

• No Relationship Rewards: Some retail banks in the U.S. are now offering relationship bonuses to incentivize their customers to keep all of their business in one place. If you move your savings balance to Discover from your retail bank, you may miss out on some of these relationship bonuses. Contact your bank for more details.

Common Questions

If you're still interested, you probably have some questions. We'll clear up some of the basics here:

• Should I open a CD or savings account?
  This is a really broad question and everyone has different investment goals. The decision comes down to how much you're looking to set aside, how much risk you are willing to take, and how much you'll need to access your savings.
  
  If you can commit to not touching your savings for at least 1 year and can meet the minimum deposit, you may be able to earn a higher interest rate with a CD versus a savings account. If you need liquidity, a savings account gives you more flexibility to withdraw your savings when needed.

• How can I deposit funds with Discover Bank?
  For savings accounts, there are a few ways to deposit funds: deposit checks with your mobile device, transfer from Discover checking, transfer from an external account, mail a check, or set up a direct deposit to your new account. For term CDs, you can transfer from Discover checking, transfer from an external account, transfer by phone, or mail a check. For IRA CDs, contact Discover for instructions on how to fund a Discover IRA account.

• What is the penalty for early withdrawals from Term CDs?
  It depends on the term of your CD. Here's how it breaks down:
  • Terms less than 1 year: 3 months' interest on the amount withdrawn
    
  • Terms from 1 year to <4 years: 6 months' interest on the amount withdrawn
    
  • Terms over 4 years to <5 years: 9 months' interest on the amount withdrawn
    
  • Terms over 5 years to <7 years: 18 months' interest on the amount withdrawn
    
  • Terms over 7 years and greater: 24 months' interest on the amount withdrawn

Bottom Line

If you're ready to start building your savings, then you should consider if Discover's Online Savings Accounts or CDs are right for you.

Even if you only have $1 in savings, you can start earning interest in a high yield savings account. Or, if you have at least $2,500 set aside and aren't concerned about liquidity, you can earn an even greater return with a CD.

Discover's savings offerings might not be the right savings product for you, but if you're looking to earn interest above that of a standard savings account, opening a savings accounts or CD from Discover is an investment option worth considering.

Discover Bank Review: CD Rates and Savings appeared first on CreditDonkey

Disclaimer: Opinions expressed here are those of the author's alone. Please support CreditDonkey on our mission to help you make savvy financial decisions. Our free online service is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content.

Ally Bank Online Savings Account: Earn 1.45% APY Rate [Nationwide]

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 13:24:45 PST 2018

Available nationwide, Ally Bank is offering you a 1.45% APY on your funds for opening a new Ally Bank Online Savings Account. Below is all the information you need to earn 1.45% APY Rate on your funds when you open an Ally Bank Online Savings Account. Ally Bank Online Savings Account Summary Here is your opportunity to earn a an interest... Read More →

The post Ally Bank Online Savings Account: Earn 1.45% APY Rate [Nationwide] appeared first on Bank Deal Guy.

Best Bank Deals, Bonuses, & Promotions In Iowa

by Danny Nguyen @ Bank Deal Guy

Fri Feb 09 15:58:25 PST 2018

Editor’s Note: Not your state? No worries, you can click on the state(s) above to see the Best Bank Deals, Bonuses, & Promotions being offered in your state. New to bank bonuses? No worries! See our Beginners Guide To Bank Bonuses. Amongst the sea of corn fields you can find some pretty nice bank bonuses. Here is a... Read More →

The post Best Bank Deals, Bonuses, & Promotions In Iowa appeared first on Bank Deal Guy.

BBVA Compass Bank 12-Month Certificate of Deposit Account: Earn 1.50% APY [Nationwide]

by Danny Nguyen @ Bank Deal Guy

Sat Feb 10 17:09:18 PST 2018

Available nationwide, you can earn 1.50% APY when you open up a new 12-Month CD Account with BBVA Compass Bank! Below is all the information and details you need to open your BBVA Compass Bank 12-Month Certificate of Deposit Account to earn 1.50% APY! Editor’s Note: See our full list of BBVA Compass Bank Deals, Bonuses, Rates, and Promotions. BBVA Compass Bank... Read More →

The post BBVA Compass Bank 12-Month Certificate of Deposit Account: Earn 1.50% APY [Nationwide] appeared first on Bank Deal Guy.

Heartland Financial USA – $200 Consumer Checking Account Bonus – AZ, CA, CO, IA, IL, KS, MO, MT, NM and WI

by MM Team @ Banking Bonuses – Maximizing Money

Thu Jan 25 13:09:26 PST 2018

Earn up to $200 in bonus cash with a consumer checking account when you enroll in eStatements and have at least 1 $500 direct deposit, available at various community banks in Arizona, California, Colorado, Illinois, Iowa, Kansas, Missouri, Montana, New Mexico, and Wisconsin. [Read More] Heartland Financial USA – $200 Consumer Checking Account Bonus – AZ, CA, CO, IA, IL, KS, MO, MT, NM and WI

The post Heartland Financial USA – $200 Consumer Checking Account Bonus – AZ, CA, CO, IA, IL, KS, MO, MT, NM and WI appeared first on Maximizing Money.

Best Savings Accounts And High Yield Rates February 2018

by Tony Phan @ MoneysMyLife

Mon Feb 12 22:00:36 PST 2018

Do you need to find out which bank has the best Savings Account rates? Or, how about which has the best Money Market interest rates? Maybe you need a quick overview of the differences between the two types of interest-earning accounts to begin with. We’ll go over all of these questions and help you find the best […]

Huntington Bank Accelerated Business Checking Bonus: Earn $500 Promotion (OH, MI, IN, PA, KY, WV, IL & WI)

by Anthony Nguyen @ Bank Checking Savings

Tue Feb 13 07:00:38 PST 2018

If you’re a larger small business that need the advantage of higher volume with checking activities and cash flow, there’s not a lot of checking accounts out there that could offer you such a necessity. However, with Huntington Bank’s Accelerated Business Checking accounts, it’s safe to say that you’ll be given just that. The Accelerated... Keep Reading↠

The post Huntington Bank Accelerated Business Checking Bonus: Earn $500 Promotion (OH, MI, IN, PA, KY, WV, IL & WI) appeared first on Bank Checking Savings.

Best Bank Bonuses in Colorado

by Anthony Nguyen @ Bank Checking Savings

Mon Feb 12 15:30:02 PST 2018

Editor’s Note: If this is not your state, you can click on the state(s) above to see the Best Bank Bonuses being offered in your selected state(s). Along with beautiful parks, ski resorts, and lakes, Colorado has a lot of sweet bank bonuses to offer! While some of these promotions reach as high as the Rockies, others will come with... Keep Reading↠

The post Best Bank Bonuses in Colorado appeared first on Bank Checking Savings.

Bank Promotions June 2016: Checking & Savings Accounts

by Tony Phan @ Bank Bonus Guy

Sat Jun 11 17:00:48 PDT 2016

All the best bank promotions and sign-up bonus offers can be found here. You’ll find bank offers for Checking account promotions, Savings account promotions, and all the best Business account offers as well. We add/update these bank account promotions daily, so check back often for the best deals. There are hundreds of new bank account promotions out […]

JP Morgan Chase Mortgage Loan Review 2018

by Anthony Nguyen @ Bank Checking Savings

Mon Feb 12 15:10:08 PST 2018

JP Morgan’s Chase is quite possibly, one of the biggest players in the mortgage game. A large portion of Chase customers that have a mortgage with JP usually already have a banking relationship with them, which makes all the more sense that they would have a mortgage with them. Of course, even if you don’t... Keep Reading↠

The post JP Morgan Chase Mortgage Loan Review 2018 appeared first on Bank Checking Savings.

Bank Of The West Review: $150 Checking Account Bonus

by Tony Phan @ MoneysMyLife

Sat Feb 10 22:00:35 PST 2018

Get the latest Bank of the West bonuses and promotions here. There are branches in the following states: AZ, CA, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, UT, WA, WI, WY. Typical promotions for Checking accounts have been for $150, $200 and $300. They also oftentimes have promotions for their investment services […]

Why more banks are launching IPOs

by Moira Dolehide @ Byline Bank

Wed Dec 20 07:14:45 PST 2017

Read the American Banker story here.

The post Why more banks are launching IPOs appeared first on Byline Bank.

TD Ameritrade Brokerage Review: Up to $600 Bonus + 60 Days of Commission Free Trades

by Anthony Nguyen @ Bank Checking Savings

Mon Feb 12 19:00:58 PST 2018

TD Ameritrade is currently offering residents nationwide up to a $600 bonus along with 60 days of commission free trades for a limited amount of time when you sign up and open a new TD Ameritrade Brokerage or Retirement account with the qualifying deposits within a given 60 days of account opening. Once you have done so, you will be... Keep Reading↠

The post TD Ameritrade Brokerage Review: Up to $600 Bonus + 60 Days of Commission Free Trades appeared first on Bank Checking Savings.

SunTrust Bank Business Checking Account $200 Bonus Offer

by MM Team @ Banking Bonuses – Maximizing Money

Wed Jan 03 05:15:04 PST 2018

SunTrust Bank will give you $200 in bonus cash when you open a new SunTrust Business Checking account and make $1,500 in qualifying deposits within 30 days, available for businesses in Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, Washington D.C., and West Virginia. [Read More] SunTrust Bank Business Checking Account $200 Bonus Offer

The post SunTrust Bank Business Checking Account $200 Bonus Offer appeared first on Maximizing Money.

Best College Students Checking Accounts – 2018

by Howard Young @ Bank Checking Savings

Tue Feb 13 09:00:16 PST 2018

College is the time of your life to make mistakes, learn valuable life lessons and is filled with many important decisions. With so many choices for students out there, life can become quite hectic. From choosing the right schedule that best fits you to which banking option fits your needs the best are just a... Keep Reading↠

The post Best College Students Checking Accounts – 2018 appeared first on Bank Checking Savings.

Chase Bank $200 Checking Bonus [Many States]

by Danny Nguyen @ Bank Deal Guy

Tue Feb 13 07:49:18 PST 2018

Ranking as one of the top banks in America, you are making the right choice banking with Chase! Opening a new Chase Total Checking® Account offers you the potential to earn a $200 Checking Bonus by applying in-branch ! With over 5,100 branches in AZ, CA, CO, CT, DC, FL, GA, ID, IL, IN, KY, LA, MA,... Read More →

The post Chase Bank $200 Checking Bonus [Many States] appeared first on Bank Deal Guy.

Texas Security Bank CD Special

by Brandon Rowe @ Bromoney

Wed Apr 25 17:16:07 PDT 2012

Texas Secuity Bank is offering a special deal on 6 month CDs. They’ve got a 6 month rate of 1.25%: http://www.texassecuritybank.com/ It looks like they’re offering some other pretty decent rates. Leave comments here if you’ve banked with them before.

Bank Of America Personal Checking Review: $300 Promotion

by Tony Phan @ Bank Bonus Guy

Mon Jun 13 17:00:23 PDT 2016

Bank of America has two personal checking account options to choose from, which I’ll review here, along with some current sign-up promotions. BOA Personal Checking review highlights: Current promotions Checking account comparisons This $300 bonus from Bank of America is for a new Core or Interest checking account and direct deposit is required. You must […]

Best Bank Bonuses in Delaware

by Anthony Nguyen @ Bank Checking Savings

Tue Feb 13 10:15:36 PST 2018

Editor’s Note: If this is not your state, you can click on the state(s) above to see the Best Bank Bonuses being offered in your selected state(s). Delaware may not have any National Parks, historic sites, or memorials but as the “First State” it has the Best Bank Bonuses in Delaware. While some of these promotions are straightforward, others come with requirements and... Keep Reading↠

The post Best Bank Bonuses in Delaware appeared first on Bank Checking Savings.

TIAA Direct Bank Promotions: $50 To $200 Bonuses

by Tony Phan @ Bank Bonus Guy

Tue Jun 07 14:10:23 PDT 2016

Get TIAA Direct promotions, bonuses and offers here. Typical bonus offers are for $50, $100, $150 and $200. TIAA Direct is an online only bank, so there are no physical branches to visit. This, in turn, allows for fewer fees than your traditional brick-and-mortar banks, and accounts are available to everyone nationwide. TIAA Direct review […]

BBVA Compass Bank Checking, Savings, CD Account Promotions

by Tony Phan @ MoneysMyLife

Fri Feb 09 22:00:36 PST 2018

Find the latest BBVA Compass bank promotions, bonuses and offers here for Checking and Savings accounts. Typical bonus amounts are $25, $50, $100, $125, $250, etc. Sometimes there will also gift bonuses, such as tablets and other electronics. BBVA Compass was established in 1964 and is headquartered in Birmingham, Alabama. They have over 650 branches […]

Bank of America $100 Checking Account Cash Bonuses

by MM Team @ Banking Bonuses – Maximizing Money

Thu Jan 18 04:53:33 PST 2018

Bank of America has a new $100 bonus offer available for opening a Core Checking or Interest Checking account by February 28, 2018, and receiving 2 qualifying direct deposits of $250 or more each within 90 days from account opening. [Read More] Bank of America $100 Checking Account Cash Bonuses

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How To Avoid Chase Bank Account Monthly Fees

by Hilary Tran @ Bank Deal Guy

Fri Feb 09 14:50:30 PST 2018

Bank accounts are a useful way to track your transactions and keep an eye on all your expenses. Not only do you know that your money is safe, but you can also earn interest with the money that you have in your bank account. However, nothing is free and bank accounts come with the threat... Read More →

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Navy Federal Credit Union $25 New Membership Promotion

by MM Team @ Banking Bonuses – Maximizing Money

Thu Feb 01 03:18:28 PST 2018

Navy Federal Credit Union is offering a $25 new membership promotion for simply starting a new membership and opening a new membership savings account with a $5 minimum balance. [Read More] Navy Federal Credit Union $25 New Membership Promotion

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