Archive for the 'Banking' Category

Solid Index findings: Americans define themselves based on finances, but don’t invest in their fiscal futures

The economic contraction has highlighted the internal duel between Americans’ beliefs and actions according to the latest Solid Index, a survey by SunTrust Banks that studies Americans’ emotions and perceptions toward their finances. The Solid Index revealed that while more than half (58 percent) of the respondents feel that their financial situation contributes to their [...]

New study finds prepaid cards a comparatively less expensive alternative for consumers

According to an economic study released today, consumers who opt to use a network branded prepaid card could pay as much as 35-70% less in fees compared to low balance checking and debit accounts, making prepaid cards a far more cost-effective, valuable financial tool for many. The comparative economic analysis was conducted by economist Michael [...]

One-in-five employers report that missing open enrollment costs workers more than $1,000 in out of pocket expenses

Expert Offers Tips for Getting the Most out of Your Benefits in Tough Economy As the open enrollment season comes into full swing, experts encourage workers to pay particularly close attention to benefit elections this year to help offset financial challenges brought on by the recession. One-in-four workers (25 percent) reported that they don’t pay [...]

Chase introduces Blueprint: New features give credit card customers more control

Industry-first Initiative Makes It Easier to Reduce Balances and Avoid Interest Charges Chase Card Services, a division of JPMorgan Chase & Co. introduced Chase Blueprint(SM), an innovative set of features that dramatically improves the way customers can manage their spending and borrowing. Blueprint helps consumers take charge of their finances with free tools they can [...]