Secret Finance

Dilbert asked:


I want to open a savings account for about $700 and charge the opening deposit to a credit card. The credit card gets points, which would be good for a gift card if I had about 700 more. I want to close the credit card account, but only after I get enough points, to not waste the points I already have. I’m going to open a savings account anyway, so I figure I might as well get those 700 points from it. In any case, the savings account should pay high interest and should allow transactions between banks online.
For example, Bank of America will let you open a checking account online, and use a credit card to fund it. The credit card transaction will be a purchase, not a cash advance. But I want to know what other banks will do that, and which of them will do it for savings accounts.

athomewithkyle asked:


What banks offer that program where when you use your debit card, the change from your purchase gets transferred to your savings account?

Matthew asked:


I don’t want to hear from the scare mongers. We are a young family who have had income fluctuations of no fault of our own. Our mortgage is $1400 per month. Daycare costs, etc, are driving us to the brink.

Will banks really work with you? What can we do? What should I expect if I am unable to pay my mortgage?

Tara G asked:


My boyfriend and I are planning on buying a house. He’s working and I just recently became unemployed, and I receive unemployment benefits. So we were wondering if banks would consider that as income?

v V asked:


What do banks have to do in order to print money? In what circumstances do banks print money? Are there any times when banks absorb back money instead of printing more?

kag r asked:


I recently opened an account with Bank of America and i keep getting calls from Bank of America reps with third party offers, they didn’t advertise this particular account ‘feature’, anyone else having the same problem?

santosh d asked:


Is there any IRS or Tax problem to add someone on a tourist visa to add in your checking bank account?
I wanted to know if I can add my wife in my bank account while she is still in a tourist visa to USA?

Michael asked:


my fiance and i have been approved through bank of america for a rural housing loan for 137900. now it has to go through rural housing what are the chances of us being denied. her credit 681, my credit 661, income to debt ratios are all good, the only problem is that we dont have much in reserves. will that affect ups?

Dennis4QPR asked:


Hi,
It’s a follow up to the question i posted a few days ago, I am having real trouble getting past the automated call centre operators (who can’t help, but won’t accept it!) to speak to somebody about my expired cheque, I was hoping if somebody works or did work for a bank if they would have any useful tips? I would be so grateful.
Thanks

Rock asked:


i applied for it, they gave a figure to let me see how much they loan to me, i signed it along with my bank account number
that was two weeks ago and the money still hasn’t transferred to my account…
how long should i wait before asking if there is a problem?
and who should i contact? the bank or the student loan office?