Banking

PerkStreet Checking Account $50 Bonus

Posted by Sun on November 16, 2009 (1) Comment

This is a new free online checking account offer with $50 new account bonus.
PerkStreet Financial is offering a PerkStreet Online Checking Account that allows account owners to earn cash back with their Visa debit card. Every time you use the debit card in non-PIN transactions, you can earn 1% cash back. Right now PerkStreet Financial [...]

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How to Open an EverBank Savings Account

Posted by Sun on November 10, 2009 (1) Comment

I have always been on the look out for better savings accounts, which are getting harder and harder to come by these days in such a low interest rate environment.  One of those accounts that had been on my radar for a long time was EverBank High Yield Money Market Account. What makes EverBank stand [...]

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Capital One Introduces InterestPlus Savings Account with 1.70% APY and Bonus

Posted by Sun on November 9, 2009 (4) Comment

InterestPlus Online Savings is an online savings account that gives you:

Get a 1.70% Annual Percentage Yield on balances of $2,500 or more.
Get a 10% bonus on your interest earned four times a year. Just open and use your Capital One credit card at least once a month or keep an average balance of $15,000 in [...]

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Is Ally Bank in Trouble?

Posted by Sun on October 28, 2009 (5) Comment

The bank itself may be not, but its parent, GMAC Financial Services, is certainly in a situation no bank wants to be in.
News came out this morning that GMAC, the recipient of billions of dollars of taxpayer money since last December, is going back to the government to ask for more money. That would be [...]

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ING Direct Business Account $50 Promotion

Posted by Sun on September 25, 2009 (1) Comment

I opened a PNC Business Checking Account early this year for the little business I am running.  The reasons I had the account with PNC are that 1) they have a branch office in our neighborhood, so it’s easy to make a deposit; 2) the account has low balance requirement and no monthly fees; 3) [...]

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Surprise! Ally Bank Increases Savings Account Rate

Posted by Sun on August 27, 2009 (0) Comment

Well, this really comes as a surprise because I have already gotten used to Ally Bank’s endless adjustments of the rates of their banking products. I was so pissed by the bank’s weekly rate reduction (yes, a rate change here or there every week) that I left Ally Bank only a couple of weeks after [...]

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EverBank Money Market Account Opened

Posted by Sun on August 20, 2009 (2) Comment

a long time ago.
When I updated our July net worth early this month, I mentioned that I opened another savings account. That’s was barely one month after I got an account from Ally Bank. The reason is that I became extremely disappointed by Ally Bank, not only because of all the troubles I had with [...]

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Virginia Offers Small Loans to State Employees

Posted by Sun on July 16, 2009 (1) Comment

but they will come a rather heavy price.
Since now I am working in the DC area and will soon be a resident of Virginia, I started to tune my radio to news stations in this area. Early this week on my way back from work, this piece of news got my attention. Virginia Governor announced [...]

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Issues with Ally Bank

Posted by Sun on July 14, 2009 (19) Comment

I have talked about Ally Bank quite a lot recently, from my decision to open an account with the bank, to troubles when trying to get a second account, to eventually leaving the bank after only two weeks. It wasn’t a good experience for me, even though initially I thought I could use Ally Bank [...]

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Time to Dump Ally Bank

Posted by Sun on July 10, 2009 (4) Comment

I decided to end my short relationship with Ally Bank, though not completely.
For the two weeks that I banked with Ally, I felt very disappointed about the bank, not only because the trouble it caused during the process when I was opening my second CD account last week, which is very discouraging, [...]

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