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EIP Card: How to Get Your Money Without Fees

MyBankTracker

The IRS has sent out the Economic Impact Payment (EIP) in the form of a debit card to qualifying taxpayers who may not have a bank account to receive direct deposit or to deposit a mailed stimulus check. As these taxpayers receive their EIP debit cards, they may be wondering how to access their money without getting hit by a bunch of fees.

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Betterment Checking Account Review: Unlimited Free ATM Access

MyBankTracker

This can include monthly maintenance fees, overdraft fees, ATM fees, and other costs. As a no-hassle checking account, you can manage your money with no monthly minimums, no overdraft fees, and no ATM fees. The best part: If you’re charged a fee by an ATM owner, Betterment will reimburse your money. FDIC insured.

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SoFi Officially Files For A Bank Charter Of Its Own

PYMNTS

Which means it really doesn’t come as all that huge a surprise that as of June 6th, SoFi had applied for a new (de novo) bank charter according to the FDIC. Instead, SoFi as a bank will exist so it can “provide its customers an FDIC insured NOW account and a credit card product. SoFi has confirmed the news.

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CIT Bank Savings Connect Review

MyBankTracker

FDIC insured. Without these operational expenses, online banks such as CIT Bank often provide more value to consumers. Online transfers/ACH: $0. FDIC Insurance. Luckily, CIT Bank is an FDIC-insured bank, which means deposits are insured up to $250,000 per depositor per account ownership type. Debit card access.

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BlueVine Business Checking Account Review: No Fees for Transac

MyBankTracker

This online business checking account is best for small- to medium-sized businesses with simpler banking needs and a low-cost account to keep their business finances separate from personal finances. You’ll get a free debit card that offers free ATM withdrawals at any MoneyPass ATM location.

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The Best Checking Accounts in California of 2021

MyBankTracker

When you need to buy something with a debit card or pay a bill with a check, the money comes out of the account. The account also offers a fee-free overdraft for overdrawn balances under $5 and two ATM fee rebates each month. Smaller branch and ATM networks. Online Savings Accounts Are Available Nationally. Umpqua Bank.

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CFPB’s Prepaid Card Rule: Short Form Disclosure Requirements

CFPB Monitor

The CFPB’s Final Rule on prepaid cards includes, in addition to the long form disclosure requirements discussed in our November 21st blog post , highly detailed requirements for providing “preacquisition” disclosures to consumers of the basic terms of the prepaid card account. Tristram Q.

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