Personal Finance
Towards a Healthier Financial Future
Topic: "Bank Fees"
← Curating the web to find the most interesting and helpful
information about your money.
Word of the week
Credit Card Cash-Advance APR
The interest rate that applies to cash advances made using a credit card. Often, this is one of the highest annual percentage rates that you may pay. Cash advances have no grace period and start accruing interest right away.
See other key terms to increase your knowledge and guide you to financial wellness →Budgeting
College students can earn a $100 bonus and avoid monthly fees with the Chase College Checking Account
Here’s what you need to know →Word of the week
Grace Period
A grace period is the amount of time between the end of a credit card billing cycle and the day when your bill is due. During a grace period, interest is often not charged on your balance. Although the grace period varies per credit card issuer, it must always be at least 21 days following the conclusion of the payment cycle. Remember, grace periods do not apply to cash advances or debt transfers!
25 key terms everyone with a credit card should know →Did you know?
The first ATM (automatic teller machine) was built and installed in London in 1967 by British bank Barclays and it didn't charge a fee...
Track all your ATM fees along with other bank changes in one place →Word of the week
Overdraft
An overdraft occurs when you do not have enough money in your bank account to cover a payment or withdrawal. These transactions may include: - Debit purchases - Bill payments and pre-authorized debits - Cheques - Withdrawals - Transfers between bank accounts
Learn more about getting overdraft protection →Saving
An epic standard in overpromising and underdelivering was reached when the big banks named their savings accounts.
Check your big bank savings account - you could be making ‘0.000 percent’ interest →← Curating the web to find the most interesting and helpful information about your money.