Questions tagged [checking-account]
A type of bank account that allows unlimited withdrawals and usually gives no interest on the balance. The account can be set up so that a negative balance produces an instant loan, referred to as Overdraft Protection. The term checking is used in US and Canada. In other countires the term Current-Account is also used to indicate the same type of account. Related tags "savings-account", "bank-account"
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Is there any reason to keep old checks?
I have a bunch of old checks from my job which I've already cashed into my checking account (online). Is there any tax reason (USA) or otherwise that I shouldn't just shred them?
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Added a person to a joint account
If a account has been open between husband and wife and another party gets added by consent of one and that party died and the added person empties the account,
can that party remove all money to a CD?...
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Trust Checking Account
I am the beneficiary of an intervivos trust. There are two trustees and I am one of the trustees. The trust has two brokerage accounts. Both trustees must approve all distributions from the trust. ...
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Will you be charged any NSF fee for a declined online Debit MasterCard or Visa Debit transaction in Canada?
You open a chequing account with a Canadian bank: e.g. Simplii Financial or another bank. They ask if you want overdraft protection; you say "no thank you". They give you a Debit ...
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How can I see the endorsement information on the back of cancelled checks?
Back in the days when banks provided our cancelled checks, we could see how the check was endorsed and the accounts into which it was deposited by looking at the rear of the cashed check.
However, ...
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Is it safe for me to give my checking account's routing and account numbers to a credit card company?
I have a credit card from one of the top five largest banks in the United States. The credit card offers cash-back rewards. The credit card company offers that the cash back can be issued directly to ...
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Bank accounts closed unexpectedly, funds missing
Wells Fargo bank closed my accounts and haven't sent me my funds. I keep getting run around about who to call; what can I do?
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Why would I (with good credit and financial history) be denied while applying for a business checking account?
I've applied for several accounts, and all of them were denied, most instantly. I have an 800+ credit score, a clean checking history, and so on. I do not have any business financial history - but ...
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Why would a financial services company force their customers to link their checking accounts to an existing or new brokerage account?
I read on page to create a new checking account at Charles Schwab Corporation in the US:
Your new checking account will be linked to one Schwab individual brokerage account. You can open a new ...
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Does it hurt anything to have an unused checking account?
I have an old checking account, at a bank I no longer use (it's my only account there), with just a few cents in it. There are no account fees. Are there any reasons why I should or should not close ...
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I received a $150 check from Wells Fargo. I did have an account that was closed out of the blue for no reason. Are they trying to get out a lawsuit?
I received a $150 check from Wells Fargo that was sent by federal express overnight. I did have an account years ago that was closed out of the blue for no reason. They said it was suspected fraud ...
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Why should I not keep my checking account at $0 and use overdraft protection?
My savings account earns interest; my checking account does not. I have overdraft protection, so if I overdraw the checking account, the money comes out of the savings account. It seems like I could ...
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Social implications of using a prepaid card only instead of a bank card?
Many times one is asked to give an account transaction list in pdf (what are they called??) Perhaps when buying a house or starting a new job. I'd like to use a prepaid card account that accepts wire ...
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I closed my CU checking/savings accounts. Weeks later the bank auto-paid my rent. Now they want me to pay them back
I requested the closure, and I was mailed my balance and told that my account was now closed, all dome in writing through the messaging system. Weeks later they paid my rent. Now they want me to repay ...
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Is it possible to make a transfer without the bank knowing? [closed]
I don't know if they approve every transfer, so if not, is it possible?
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