Citi had planned to impose fees on holders of two types of 'free checking' accounts.
Citibank has reached an agreement with New York Attorney General Andrew Cuomo to alter its plan to charge more than 1 million consumers nationwide fees on what were supposed to be "free checking" accounts.
- Bing: Find a credit union
Under the agreement, Citibank will extend the benefits of those free checking accounts throughout 2010 for consumers who signed up for them in 2009. Citibank also will not charge fees on checks until Jan. 31, 2011. The company had originally planned to begin charging the fees on Feb. 1.
The best way is to avoid the post office and print postage at home. Here's how it works.
You don’t have to ask too many of my friends, or my wife, to learn that I am not a fan of waiting. I hate sitting in traffic, especially if it’s just “congestion,” and I really hate waiting at the post office, where it seems as if there are always twice as many counters as there are people staffing them.
So that’s why, over the years, I’ve developed a few simple strategies to help me avoid waiting at the post office.
The overall strategy is to deconstruct the post office experience and try to avoid needing counter service whenever possible. Here are some tips to help you reduce the time it takes to get your packages on their way.
People are sacrificing top-shelf booze for the cheaper stuff in tight times.
The amount of liquor sold in 2009 edged up only 1.4%. That's the smallest increase since 2001, reports The Associated Press.
The lowest-priced liquors grew the fastest, at 5.5%, while the top-shelf brands fell by 5.1%.
Coupon use rises for the first time in 17 years. It's a mixed bag for consumers.
Coupon clippers, sharpen your scissors -- and your judgment.
Last year, for the first time in 17 years, coupon use rose, with consumers redeeming 27% more coupons in 2009 than in 2008, according to a study by Inmar, a redemption-services consulting firm. That adds up to an estimated $3.5 billion in savings.
Most of the increase of course can be attributed to the rough economic conditions of late 2008 and 2009. “Coupons are an easy way for people to stretch their budgets,” says Matthew Tilley, the marketing director of Inmar.
But beware: Coupons can also be budget-busters if you let them dictate your shopping list instead of using them to save solely on items you would have purchased anyway. Before your next trip to the store, here are three trends to take advantage of -- and two pitfalls to watch out for.
One sign of the banks' optimism is that credit card direct-mail solicitations are on the rise again.
The junk mail is back.
Mintel Comperemedia, a provider of direct-marketing information, reports that in the fourth quarter -- for the first time in three years -- the volume of credit card direct mail increased from the previous quarter.
With a 47% increase in direct mail compared with the third quarter, credit card issuers showed increased confidence in the economy and a willingness to extend more consumer credit.
However, last year's direct-mail volume still pales in comparison with recent years.
The old favorite has gotten a makeover for its 75th anniversary, but will we like it?
Cash may be king in some households, but we are a society that increasingly prefers plastic to paper money. So it seemed inevitable that the 75th-anniversary edition of Monopoly, which will debut in stores this year, will be cashless -- no funny money.
The Huffington Post reported that “instead of pastel-colored paper money, little real estate magnates will gobble up house and hotel pieces with credit cards.” The metal tokens -- the race car is always our choice -- will be replaced with plastic tabs, and the game board itself will be round. (The best photo we could find is here.)
Is this welcome progress or change we don’t need? The Huffington Post polled its readers:
Online aid lets homeowners try out different scenarios to weigh financial implications of keeping or giving up their home.
In addition to dealing with moral and emotional issues, homeowners have to look closely at the financial repercussions: Is walking away from a home on which the mortgage owed exceeds the value -- a situation faced by about one-quarter of U.S. homeowners who have mortgages -- a good financial decision?
Beat florists at their own game with these 7 tips.
Getting a good deal on flowers this Valentine's Day requires that you not linger too long when you stop to smell the roses.
Valentine's Day is the biggest holiday for fresh-flower sales, accounting for 40% of annual revenue, according to the Society of American Florists, a trade group. Prices can easily top $60 for a bouquet of a dozen long-stemmed roses, with fancier arrangements well above $100.
But wait much beyond the start of February to order, and you can expect to pay a premium.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Joe Cantrell says he faces charges after trying to take advantage of the retailer's policy.