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.

Sandra A asked:


If someone has loans and credit cards by the same issuer as your personal banking account. Can they close your account and revoke your debit card?

Brandon Roberts asked:


This is my first time opening a checking account. My question is what would happen if my account were to have been overdrawn and remained so for many months, and finally the bank decided to close the account because it was inactive? Does the bank still try and send for their money or does the charges just go away? Will it effect me opening another account with a different financial institution?

Princess Ninja asked:


I added my father to my checking account a few months ago out of convenience, but he’s been doing automatic transfers from my account without telling me. To prevent this in the future, I want to have him removed from my account. It’s a free student checking account from Wachovia, what’s the fastest and easiest way to get him removed, if possible?

He can’t go with me to the bank, he lives all the way across the country, if that means anything.
If I have to close the account and get a new one I will.