I have heared a commercial for a bank that has a checking account, that when you purchase something with your debit card it will round all of your purchases up to the nearest dollar and automaticly deposit the difference into a savings account. Example: I buy a pack of gum for $1.25 It rounds that up to $2.00 And deposits $0.75 into a savings account

I bank through 2 banks and I closed the 1 not too long ago and both my checking account checks are identicle. I used a check from my closed account by accident for $79 the other day and realized it was the wrong checking account book. (My old checking account was for one's that are in the checking account and offered a second chance for a small fee a month.) What will happen?

I have a checking account already established with a credit card from the same bank. I am unhappy with the service I have received with them and I am planning to switch to another bank. Before I close my current account, I would like to know should I start my new checking account with the new bank now and apply for a card when the account is established? Or should I apply for a credit card now before I start the new account? My concern is closing my current account and starting a new checking account with a new card would not look favorably for my credit. However, would starting the new checking account first make approval easier since I would have an account established with the new bank?

I discovered two disturbing things: 1) one can initiate electronic transfers as soon as you know the institution code and bank account number, both readily found on any check. I did this from my wife's checking account to our joint mutual fund account at a different institution, and I cant see how the bank verified it was legit. 2) you can call my bank and say "I have a check from XYZ who has an account # 123 for $xxxx. Will it clear?", and they will readily say aye/nay, indirectly telling the caller how much is in the account. Bottom line - what's to prevent someone who receives my check from using the numbers on it to call my bank to get an idea of how much my account has, and then transferring it to Timbuktoo? I've never encountered the safeguards described while transferring money. eg. to pay our insurance bill online, we enter routing number and account number inthe insurance company website, and off goes the money - no pin number, no matching SS#, nothing. Regarding info about the balance in an account, all someone has to do is ask "I have a $5000 check - will it clear?" If the ans is yes, then you know there's 5 grand.