What is a good bank for a minor to open a bank account? November 25, 2009
Posted by Banking in : Personal Finance , 4comments
I need to open a bank account but im 17, so how do i go about doing that?
Which bank is good to use?
I live in california now, but im moving to Hawaii in november so it has to be a bank that is both in califrnia and hawaii.Submited by:Thy D
Can I apply for another bank account from a different bank? November 23, 2009
Posted by Banking in : Personal Finance , 3comments
If I also have a current bank account with another separate bank? Is that possible. Thank you.Submited by:Em09
What reasons are there to put money into treasury bills, rather than a FDIC-insured money market account? November 14, 2009
Posted by Banking in : Personal Finance , 2comments
My money market savings account is earning ~3.5%. It’s been at this rate, or higher, for years. Since it’s FDIC-insured, its credit risk isn’t substantially more than that of a treasury bill. And, it’s more liquid.
So why would someone put their money into treasury bills?
Thanks!
By: AK
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How do you transfer money from your bank account to your Paypal account? November 13, 2009
Posted by Banking in : Personal Finance , 2comments
By: chris2stupid2001
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What happens if there isn’t enough money in my bank account to cover a Pay Pal withdraw? November 13, 2009
Posted by Banking in : Personal Finance , 3comments
I moved some money to my pay pal account to buy stuff online, but then found out that most places prefer your bank account in the first place. I was just wondering if I went ahead and spent money off the bank account if pay pal would continue the withdraw? I think they hold it but I’m not sure.
OK how do i choose best answer in yahoo answers then HAHA.
Is there any resources online that can help me understand banking? November 9, 2009
Posted by Banking in : Personal Finance , add a comment
I’m curious if anyone knows a good website or something that can help me understand banking. I’m very naive about it and could use some help learning.Submited by:Switch it up
What is the best/easiest credit card to get if you have bad credit and are trying to improve it? November 3, 2009
Posted by Banking in : Personal Finance , 10comments
My friends credit is ike 580 or something, and I told her i would look into it.. Thanks!
By: ajoytalent
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How is the money supply increased when banks lend out their excess reserves? November 2, 2009
Posted by Banking in : Personal Finance , 2comments
Banks are required to keep a certain percentage of their deposits on reserve, either in their own vaults or in their accounts at the Fed. This percentage of deposits that they are required to keep is called the reserve requirement. For example, if the reserve requirement is 5%, when a customer deposits $100 at the bank, the bank only has to keep $5 of that $100 deposit. The remaining $95 (called excess reserves) can be lent out to other customers.
How much money should I save until I start a banking account? October 23, 2009
Posted by Banking in : Personal Finance , 6commentsGrab life like a basket ball asked:
Ok, I am 13 and am thinking about getting a banking account to save money and stuff. how much money should I get until I get a bank account? and do I get intrests? and if so how much?
will my credit card insurance pay off bills for someone I added to my account if they die? October 17, 2009
Posted by Banking in : Personal Finance , 1 comment so farsacch4 asked:
My grandfather has added my uncle to his credit cards that have credit insurance on them. My uncle passed away and the credit card companys says they will not pay off the debt accumulated by my uncle because he was not the primary card holder. Is this legal? What rights does my grandfather have?