Bank Accounts

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Are ATMs open 24 hours and 7 days a week? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap]  ATMs are a convenient way to obtain cash or make other banking transactions in a hurry. You simply locate a nearby machine, insert your ATM card, indicate the transaction you want to make, and you are on […]

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Does opening a bank account affect your credit score? [otw_shortcode_dropcap label=”A: ” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] While common banking transactions like making a deposit and completing a withdrawal  do not affect your credit, there are some instances when opening a bank account may affect your credit score. Let’s take a look at how

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Can you withdraw money from a savings account? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Yes, you are able to withdraw money from a savings account. There are two main ways to withdraw money: an automated teller machine (ATM) and through a bank teller. ATM Savings Withdrawal To withdraw money from your savings account at an

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] How long does it take to get a debit card? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Many people need a debit card for daily transactions. They need the ability to quickly access cash or to pay for goods. Most people want their new debit card sooner, rather than later. But, how long does

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Can I deposit cash at an ATM? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] You may not have considered depositing cash at an ATM, however, it is an option at many machines. You need to locate a deposit-enabled ATM in order to deposit cash or a check into an ATM. Most ATMs located at

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Can you deposit a check at an ATM? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Many banks offer the ability to deposit a check at their ATMs. Not all ATMs allow deposits since some are designed for basic functions like withdrawing cash or balance inquiries. However, it is common to find an ATM associated

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Do checking accounts pay interest? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Yes, many banks offer interest-bearing checking accounts, but not all. The interest you receive on these accounts is typically minimal, but every little bit helps. You should take a close look at the account requirements and fees associated with an interest-bearing checking account.

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Can you print bank statements online? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Many banks allow you to print bank statements online. You will need to setup up online banking (or access to the statements) with your bank if they offer this option. This may require you to become a paperless customer where you

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] How long should you keep bank statements? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] It can be super confusing to determine what financial documents you should keep or shred. Many of us file away important documents and forget about them until the paperwork starts to noticeably stack up. One of the documents we often hang

[otw_shortcode_dropcap label=”Q:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] What is the difference between an ATM card, a debit card, and a credit card? [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Some people assume that an ATM and debit card are the same. Yes, they are both used to access money in a bank account, however, there are differences between the two card. Additionally, how does a