Good afternoon everyone, I hope your week is going well. I just received this email from Trim announcing that the bill negotiation fee is being slashed from 33% down to 15%. As a reminder, Trim will reach out to your utility company (cable, TV, internet, and phone) on your behalf and negotiate a lower monthly cost or get you a 1 time courtesy credit. In exchange for negotiating a lower rate, Trim takes a cut of the savings. For more info, please read my most recent Trim post: Trim Saved Me Another $57 on My Comcast Xfinity Cable Bill ($167 Saved Lifetime). In addition to the lower bill negotiation fee, Trim is also making their premium subscription features free which include monitoring and cancelling subscriptions, spending and tracking alerts, and a goal-based savings account. I will show you how to set up a Simple Savings Account that offers a 4% interest rate on the first $2,000 deposited.
Good morning everyone, happy Friday! Over the last few months, I have written about several changes regarding Wells Fargo checking and savings accounts:
- Changes to Wells Fargo Everyday Checking $10 Monthly Fee Waiver Requirements (Effective October 8)
- Wells Fargo Discontinues Instant Issue Debit Cards (Effective November 30)
- Wells Fargo Discontinues Temporary Debit Cards & ATM Access Code Feature (Effective April 1)
- Wells Fargo Changes: New Statement Ending Dates, TTY/TDD Numbers Retired & More
In today’s post, Wells Fargo made changes to closing accounts and charging fees on accounts with a zero balance. These changes are effective August 9, 2021 (so they are already live and should appear on your next monthly statement). The key part of this change is:
“Accounts with a zero balance will continue to be charged applicable fees (like the monthly service fee) until you request to close your account. We may close an account (except analyzed business accounts) with a zero balance on the fee period ending date or at month end without prior notification to you. Once an account is closed (either by you or us), no fees will be assessed on the account.”
Updated at 6:30am PT on 10/1: My $50 ACH deposit from Earn just posted to my checking account on 10/1. This was 9 days after requesting the ACH deposit.
Good afternoon everyone, I hope your weekend is going well. A few months ago, Doctor of Credit wrote about SaverLife and how to earn up to $60 by saving money in an existing savings account. Free money? Sign me up! SaverLife is a non-profit funded by sponsors like Capital One, Chase and others that encourages members to save $20 per month to earn a $10 reward. I should have earned the full $60 reward, but I accidentally moved funds from my savings account to another account for a few weeks, so I wasn’t eligible for the $10 reward that month. Oh well, I am very happy with $50. If you were a member of SaverLife, you should have received the following email. Click the Claim Rewards button to get started. If you are interested in joining SaverLife, I think the $60 promo is still running. Here is my referral link.
Good evening everyone. There is no hiding my love for bank account bonuses. Doctor of Credit got me hooked and there is no cure (except more
cowbell bank account bonuses). I recently shared my experience with US Bank’s checking and savings account bonuses and I just received my $300 bonus for my Chase Total Checking account bonus (read about the sign up bonus at Doctor of Credit).
Good morning everyone. Last month, I wrote Cannot Apply for US Bank Checking Account Online with Frozen ARS/IDA Credit Reports, Must Apply In-Branch in which I explained that US Bank was not able to approve my online application for a bank account because I have my ARS and IDA credit reports frozen. Stefan @ Rapid Travel Chai experienced the same issue. After calling US Bank to inquire about the issue, the rep advised me to apply in-branch for the US Bank Power Up Checking Account. The current checking account sign up bonus is $125 after receiving 1 direct deposit of $500 or more and making 2 bill payment transactions in the first month (full details at Doctor of Credit’s website).