Keep the Change Account at Bank of America

By (Guest Post)

Dear Linda: sounds great, but make sure you aren't paying a fee to the bank for all of these point of sale transactions!

By (Guest Post)

Dear Judo: Wachovia bank told me last night that they have severed their relationship with Chexsystems...

By Paula (Guest Post)

My sister in law does this "keep the change" thing in her check book, when she writes in the correct amount for the item purchased she puts a higher, rounded up, amount next to it and uses that amount to work with all month; it makes her look like she has less money than she really has. At the end of the month when she balances with the bank statement, she writes a check of the saved money and puts it into her savings account!

By

judo

does anyone have any suggestions for a friend of mine recently divorced and in need of a checking account from a bank that doesn't access chexsystems (her husband screwed up their account so bad no local bank will touch her)...
i was google searching but no luck...
judo

By

ThriftyFun

We've tried to sign up for this in Washington State. I don't think they have it available for us yet. Seems like a great idea.
Susan from ThriftyFun

By

lindaljh1

I love getting free money!

Are there any fees to pay? I don't mind paying taxes on "free" money unless it puts me into a higher tax bracket which isn't likely.

I already keep a change bank but it doesn't give me free money. I wouldn't need to roll the coins before I take them to the bank. I can think of a lot of good reasons to do this.

Thank you!
Love & Prayers,
Linda

By Peaches (Guest Post)

You will definetly pay the taxes on your account so you haven't saved a thing.

By

wonderpatty

Be careful, with some accounts the fees charged for using your debit card is larger then the amount you save.