Compare checking accounts and reloadable debit cards from Muncie, IN banks and credit unions for free
Mobile Check Deposit is an application that allows you to take pictures of checks with your smartphone or tablet and deposit the funds into your bank accounts. If your bank offers mobile check deposit, you can avoid visiting a branch to deposit checks. Read more...
Over time, customers of banks and members of credit unions have found the benefits of online banking to be great, and financial institutions have responded by including features beyond the basics like email alerts and activity download. Read more...
An overdraft occurs when you make a purchase or transaction that takes your account into a negative balance. You may overdraft when you write a check, make a debit card purchase, or commit any transaction that pulls too much money from your account. You can avoid this trouble altogether by keeping track of your account's balance in a ledger or checking your balance frequently through online or mobile banking. But dire situations might require you to overdraft sometime, so it's good for all account holders to understand the overdraft policies. Read more...
How ATM Fee Rebates Work
With ATM rebates, the charge from a non-bank ATM is rebated to your account. This rebate applies to ATMs anywhere in the US or anywhere outside the bank's home state, depending on the bank. While there is often a limit to the amount a customer may receive in monthly rebates (usually $6/month), this service provides another great incentive to work with a bank that may not be so close in proximity, but offers great accounts. Unlimited ATM rebates are common for banks that have no branches (i.e. Internet Bank Accounts) or for smaller banks that want to remain competitive on a national scale.
How Much Interest-Bearing Checking Accounts Earn
Most banks offer interest bearing checking accounts. These accounts will be most valuable if you have a consistently high balance and want to spend the money in this account a number of times each month.
Most checking accounts have interest rates near or below 0.5%. The exceptions are internet and rewards checking accounts which may have a interest rate up to 4%. But be careful; just because your account earns interest doesn't mean you will earn a lot of it. For example, an account with a 3.5% APY and a $5,000 balance will earn $175 dollars in a year -- not bad considering the low or no risk involved in this 'investment.' But an account with a $5,000 balance and only a 0.5% APY will only return $25 annually.
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Our branch location database is sourced from the FDIC and is updated with information provided by banks and credit unions.
All deposit accounts in FindABetterBank are insured by the FDIC or NCUA.