Post Tagged with: "savings account"

Prepaid Cards Get a Savings Account

Prepaid Cards Get a Savings Account

by October 3, 2013 at 11:50 am 3 comments

It’s been very common to say that prepaid cards resemble checking accounts more and more. From issuing checks to setting up bill pay, there’s little difference between these cards and checking accounts. Now, prepaid cards can offer savings accounts, too. CorePro was introduced today. The product from Social Money, a startup thatRead More

True Story: How I Lost Money on My Savings Account

True Story: How I Lost Money on My Savings Account

by July 6, 2012 at 3:12 pm 1 comment

Forgive me bankers, I failed to read the fine print.

When I opened a new savings account online with JPMorgan Chase & Co. about a month ago, I refused to read the terms associated with my banking product. At the time, I figured, what’s to know? I would put money into the account and earn about a cent or so a month in interest to work toward my apartment aspirations of buying new objects like bar stools, a projection screen, a better bed and a lamp from Japan.