Metro Cheapo» Banking http://metrocheapo.com Urban home economics: thrifty tips for city dwellers Thu, 28 Jul 2011 16:05:44 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Be Smart About Using Credit Card Cash Advances http://metrocheapo.com/be-smart-about-using-credit-card-cash-advances/ http://metrocheapo.com/be-smart-about-using-credit-card-cash-advances/#comments Tue, 10 Aug 2010 15:56:52 +0000 Metro Cheapo http://metrocheapo.com/?p=1225 Especially when traveling, credit card cash advances are a convenient way to access funds. We all know that these cash advances are expensive, however, and we should not get a cash advance unless there is no other option. Nevertheless, most of us have been in cash-strapped situations, particularly while vacationing. Just remember to [...]]]> http://metrocheapo.com/be-smart-about-using-credit-card-cash-advances/feed/ 0 Automatic Overdraft Coverage: Banks Are Getting Even More Desperate http://metrocheapo.com/automatic-overdraft-coverage-banks-are-getting-even-more-desperate/ http://metrocheapo.com/automatic-overdraft-coverage-banks-are-getting-even-more-desperate/#comments Mon, 26 Jul 2010 20:59:41 +0000 Metro Cheapo http://metrocheapo.com/?p=1011 Earlier this month, new federal legislation regarding automatic overdraft coverage went into effect. Banks are still allowed to offer overdraft protection on checking and debit card accounts, but it can only be provided as an opt-in service. It’s no longer automatic or set up by default. As a result, banks are getting more [...]]]> http://metrocheapo.com/automatic-overdraft-coverage-banks-are-getting-even-more-desperate/feed/ 0 Best Online Banking Rates | Is Ally Your Ally? http://metrocheapo.com/best-online-banking-rates-is-ally-your-ally/ http://metrocheapo.com/best-online-banking-rates-is-ally-your-ally/#comments Thu, 13 May 2010 19:42:42 +0000 Metro Cheapo http://metrocheapo.com/?p=642

When it comes to the best online banking rates, Ally Bank wants us to believe we’ve found our financial ally. With a refreshingly clever ad campaign, it’s tempting to believe it’s true. Here are some of Ally’s most attractive features and best online banking rates:

No monthly fees for products such as high yield CDs, Raise [...]]]> http://metrocheapo.com/best-online-banking-rates-is-ally-your-ally/feed/ 0 Decline the Fine: Say No to Automatic Overdraft Coverage http://metrocheapo.com/decline-the-fine-say-no-to-automatic-overdraft-coverage/ http://metrocheapo.com/decline-the-fine-say-no-to-automatic-overdraft-coverage/#comments Thu, 08 Apr 2010 15:19:49 +0000 Metro Cheapo http://metrocheapo.com/?p=544 Automatic overdraft coverage, or an overdraft line of credit, is a fat cash cow for banks — worth billions in pure profit — or at least it was. Recent federal legislation now requires that financial institutions ask customers if they want automatic overdraft coverage. Banks such as Chase have launched an aggressive (one might [...]]]> http://metrocheapo.com/decline-the-fine-say-no-to-automatic-overdraft-coverage/feed/ 2 Freebie Friday: 2010 Consumer Action Handbook http://metrocheapo.com/freebie-friday-2010-consumer-action-handbook/ http://metrocheapo.com/freebie-friday-2010-consumer-action-handbook/#comments Fri, 12 Mar 2010 16:02:17 +0000 Metro Cheapo http://metrocheapo.com/?p=483 One of my admittedly geeky hobbies is searching online for useful free PDF documents that I can read offline. Some people don’t like to read books or other literature on their computers, but I do. Imagine how it thrilled me to find a just-released 172-page consumer guide, published by the United States federal government. Uncle [...]]]> http://metrocheapo.com/freebie-friday-2010-consumer-action-handbook/feed/ 1