While credit cards come with a host of benefits, they must be used carefully, and never in these situations! #1: Using it to withdraw cash: Just because you can use a credit card to withdraw cash from an ATM does not mean it works like a debit card. In such a case, there is a … Read more
Can I use a Credit Card at an ATM for cash withdrawal?
You may be asking yourself “Can I get cash out of the ATM with my credit card?” Yes! Most credit cards will let you withdraw cash at an ATM. Great news, right? Borrowing money … Read more
Credit Card Issuers vs. Networks – What’s the Difference?
There is certainly no shortage of credit card choices available for consumers. In fact, there are so many choices across credit card networks and issuing banks that it can get downright confusing. Filling your wallet with the right credit cards is a process that’s going to be different for each of us. However, understanding the following regarding … Read more
Current Account
1. What is meant by a Current Account with a bank? Current bank accounts are very popular among companies, firms, public enterprises, businessmen who generally have higher number of regular transactions with the bank. The current account includes deposits, withdrawals, and contra transactions. Such accounts are also called the Demand Deposit Account. A Current account … Read more
Savings Account
Table of contents: What Is a Savings Account? How Savings Accounts Work? Savings Account Advantages Savings Account Disadvantages Maximizing Earnings Opening a Savings Account How Much to Keep in the Account What Is a Savings Account? A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts … Read more