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- The 7 Best High-Interest Checking Accounts for November 2021
- Financial Planning for Elderly Parents: 3 Talks to Have ASAP
- UPS is Filling 60K Seasonal Jobs. Here’s How to Apply
- 17 Best Bank Promotions and Bonuses of November 2021
| Posted: 15 Jul 2021 01:00 PM PDT Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. You've done it. You've built up a little cushion in your bank account — $1,500! It feels good, right? Those days of checking your account balance in a panic are behind you. Congrats! You're on the right path, but should you keep that money in your checking account? Frankly, now it's time to think about some longer-term goals. What do you want to accomplish next with your money? Do you need to save more? Do you want to buy a home someday? Invest? What's the next step you should take? What are some specific things you can do to take your finances to the next level? We've got some ideas for you: 1. Invest in Real Estate (Even if You're Not a Millionaire) The stock market can be a scary place. Stock prices shoot up and down like a roller coaster ride, and who knows when the whole thing might crash? It would be nice to diversify and invest some of your money in real estate, but don't you have to be wealthy to do that? Now you can invest like the 1% does, and all you need to get started is $500. A company called DiversyFund will invest your money in commercial real estate — specifically, in apartment complexes that it owns — and you only need $500. Real estate can potentially earn you more money than the stock market. Over the long term, investing in the stock market will earn you an average annual return of 7%, adjusted for inflation, according to a number of studies. DiversyFund can't guarantee how its investments will perform in the future — no one can — but historically, it has earned an annual return of 17% to 18%. So you don't need a fortune to invest in real estate. All you need to get started is $500. 2. Spend $5 to Own a Piece of Amazon, Google or Other CompaniesTake a look at the Forbes Richest People list, and you'll notice almost all the billionaires have one thing in common — they own another company. But if you work for a living and don't happen to have millions of dollars lying around, that can sound totally out of reach. That's why a lot of people use the app Stash. It lets you be a part of something that's normally exclusive to the richest of the rich — buying pieces of other companies for as little as $1. That's right — you can invest in pieces of well-known companies, such as Amazon, Google or Apple, for as little as $1. The best part? When these companies profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends. It takes two minutes to sign up, plus Stash will give you a $5 sign-up bonus once you deposit $5 into your account. 3. Leave Your Family $1M Oh, to be a millionaire. Look, not all of us have the money to set up trust funds for our loved ones. But you could still leave them up to a $1 million in life insurance — and you don't even need to have the money in the bank. You're probably thinking: I don't have the time or money for that. But this take minutes — and you could leave your family up to $1 million with a company called Bestow. We hear people are paying as little as $16 a month. (But every year you wait, this gets more expensive.) It takes just minutes to get a free quote and see how much life insurance you can leave your loved ones — even if you don't have seven figures in your bank account. 4. Knock Up To $715/Year Off Your Car Insurance in MinutesWhen was the last time you compared car insurance rates? Chances are you're seriously overpaying with your current policy. If it's been more than six months since your last car insurance quote, you should look again. And if you look through a digital marketplace called SmartFinancial, you could be getting rates as low as $22 a month — and saving yourself more than $700 a year. It takes one minute to get quotes from multiple insurers, so you can see all the best rates side-by-side. Yep — in just one minute you could save yourself $715 this year. That's some major cash back in your pocket. So if you haven't checked car insurance rates in a while, see how much you can save with a new policy. 5. Ask This Company To Help Pay Off Your Credit CardsIf you have credit card debt, you know. The anxiety, the interest rates, the fear you're never going to escape… And the truth is, your credit card company doesn't really care. It's just getting rich by ripping you off with high interest rates. But a website called AmOne wants to help. If you owe your credit card companies $50,000 or less, AmOne will match you with a low-interest loan you can use to pay off every single one of your balances. The benefit? You'll be left with one bill to pay each month. And because personal loans have lower interest rates (AmOne rates start at 3.99% APR), you'll get out of debt that much faster. Plus: No credit card payment this month. AmOne keeps your information confidential and secure, which is probably why after 20 years in business, it still has an A+ rating with the Better Business Bureau. It takes two minutes to see if you qualify for up to $50,000 online. You do need to give AmOne a real phone number in order to qualify, but don't worry — they won't spam you with phone calls. 6. Take Money Out of Your Checking Account Here's the deal: If you're not using Aspiration's debit card, you're missing out on extra cash. And who doesn't want extra cash? Yep. A debit card called Aspiration gives you up to a 10% back every time you swipe. How much does your current bank offer you? Need to buy groceries? Extra cash. Need to fill up the tank? Bam. Even more extra cash. You were going to buy these things anyway — why not get this extra money in the process? Do yourself a favor and deposit $100 into an Aspiration account today so you can start taking advantage. To get started, enter your email address here, and link your bank account to see how much extra cash you can get with your free Aspiration account. And don't worry. Your money is FDIC insured and under a military-grade encryption. That's nerd talk for "this is totally safe." *The Penny Hoarder is a Paid Affiliate/partner of Stash. This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers. **You'll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various ancillary services charged by Stash. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.  This posting includes an audio/video/photo media file: Download Now | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The 7 Best High-Interest Checking Accounts for November 2021 Posted: 04 Nov 2021 09:00 AM PDT When you think of interest-generating bank accounts, your mind likely goes to savings. After all, that's your reward for building an emergency fund or socking away money for a future expense, right? A regular, end-of-month deposit into your savings account, courtesy of your bank. The good news: You can also earn interest with select checking accounts. What is a High-Interest Checking Account?A high-interest, or high-yield, checking account offers a higher interest rate (annual percentage yield, or APY) on your money. Unlike a traditional checking account, you may have to keep a minimum balance in the account at all times and meet other requirements — for instance, pay a monthly fee or schedule a recurring direct deposit — to earn the higher interest rate. High-interest checking accounts are a great way to earn more for your money. The 7 Best High-Interest Checking AccountsHere's an overview of high-yield checking accounts, what you need to know when choosing one and the top checking accounts available in the market today.
Here are the seven best high-interest checking accounts where you can save your money and make a little more at the same time. 1. SoFiOne of the highest interest rates we've found for an online checking account is from SoFi Money. This checking account earns you 0.25% APY for the year. Minimum opening deposit: None. APY: 0.25%. Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: Make deposits of at least $500 monthly (all other accounts will earn 0.01% APY). SoFi Money takes a number of steps to make the transition to online banking easy:
Read our full SoFi Money review. 2. NBKC Everything Checking AccountThe NBKC Everything Account offers 0.15% interest on all balances and has no minimum balance requirement. It also features $0 overdraft charges. So, if you have a bad habit of overextending your money, you won't get dinged. Minimum opening deposit: None. APY: 0.15%. Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: None — you can start earning 0.15% APY on any amount in your account. The NBKC Everything Checking Account offers other perks, too:
One other thing to note: NBKC is an online bank, though you can visit a physical branch if you live in Kansas City, Missouri. 3. MemoryBankMemoryBank's EarnMore Checking Account is another option for a high-interest checking account with 0.02% APY. Unfortunately, as of Oct. 26, 2021, MemoryBank is not accepting applications for new accounts. However, it's worth it to keep your eye on this one in the future in case they open up again. Minimum opening deposit: $50. APY: 0.02% on balances up to $250K. Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: Keep between 1 cent and $249,999.99 in your account. MemoryBank is a good choice for those of us who like the perks of online banking, but also want to know that we can get personal service when we need it. For instance, you get:
Another bonus? Use the MemoryBank app to find and activate cash-back offers. The 0.02% APY is currently lower than the average rate for high-yield accounts, but for a fee-free account with live support, lots of available ATMs and other rewards, it's not a bad option. *As of Oct. 26, 2021, MemoryBank is not currently accepting applications for new accounts. 4. Capital One 360The real beauty of the Capital One 360 Checking Account is the pure ease of its online banking setup. Both the website and the app are remarkably intuitive. Plus, you won't have any minimum balance or fees to deal with. The base APY right now for the Capital One 360 is 0.10%, which is a respectable 3x the national average. Minimum opening deposit: None. APY: 0.10%. Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: Keep your balance below $49,999.99 (though right now, you can earn 0.10% on higher balances, too). Other perks:
If you're looking for a bank with a lot of clout in the industry and both in-person and online banking options, the Capital One 360 checking account could be a solid option for you. 5. Charles SchwabOK, when you think of Charles Schwab, you probably don't think about checking accounts — but, that could change. Its High Yield Investor Checking is a free account that earns 0.03% APY on your balance. Minimum opening deposit: None. APY: 0.03%. Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: Just a minimum balance of 1 cent. Here are some other details about the account:
There is one catch: It's available only as a linked account with a Schwab One brokerage account. However, there are lots of pluses with the brokerage account when you open it with High Yield Investor checking, such as no minimum balance or trade requirements. 6. Ally Interest Checking AccountAs the name suggests, you'll earn interest with the Ally Interest Checking Account. For balances under $15,000, you'll earn 0.10%. But, if you tend to have $15,000 or more on hand, you can earn 0.25%, about eight times the national average for checking accounts that pay interest. Minimum opening deposit: None. APY: 0.10% (for a daily balance of less than $15K) and 0.25% (for a daily minimum balance of $15K). Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: No requirements; just keep your balance in check to receive the higher APY. Ally's Interest Checking really makes its mark with the other perks. The account has:
Overall, Ally is an online-only bank with a pretty good high-yield checking account. Read our full Ally bank review. 7. Axos Rewards CheckingAxos Bank is another option to consider. The online-only banking institution offers the highest APY on the list, by far, with its Rewards Checking account. It's yours — if you're organized and have regular monthly deposits. Minimum opening deposit: $50. APY: 1.00% (0.40% + 0.30% + 0.10% + 0.10% + 0.10%). Monthly maintenance fees: None. Free debit card: Yes. Requirements to earn the higher rate: Receive $1.5K or more monthly deposits (0.40%), use your Axos debit card for 10 (minimum of $3) transactions (0.30%), maintain at least $2,500 per month in an Axos Invest Managed Portfolios Account (0.10%), have a daily balance of $2,500 per month in an Axos Invest Self Directed Trading Account (0.10%) and use your Rewards Checking account to make an Axos consumer loan payment in full each month (0.10%). The account also offers:
If you can fulfil the high-APY requirements, this rewards checking account could be a great choice for you. With the banks and financial institutions on this list, you can also open a savings account (some offer high-yield savings accounts as well) and other banking products. Read our full Axos Bank review. Pro Tip Check out our current list of bank promotions for a chance to gain a monetary bonus when signing up for a new bank account.  Why You Should Consider High-Yield Checking AccountsWe'll be honest — with today's interest rates, you won't be raking in the dough like in years past. The national average for interest checking accounts is a not-so-hot 0.03% annual percentage yield (APY), according to the FDIC. However, if you can earn something versus nothing for keeping your money in a checking account, we think it's worth exploring. Any secure account where you can safely store and grow your money is a win in our book. Who Can Get a High-Yield Checking Account?The short answer? Anyone 18 years old and up. To open any account in the U.S., you typically need the following:
Certain accounts might suit different individuals better. For instance, a super-organized person who can meet some banks' regular requirements to earn a higher interest rate might fare better with one type of account than someone who's more of a "set it and forget it" type who will be fine with a lower rate and fewer requirements. Regardless, anyone can benefit from a high-interest checking account. How Banks Offer Higher Interest RatesBanks offer attractive rates to incentivize people to open accounts with and keep their money with them. Some companies are able to offer even higher rates than their competitors. For example, online-only banks typically have an edge here. They have less overhead than their brick-and-mortar counterparts and can pass these savings (in the form of higher interest rates) on to consumers. What to Look for When Opening a High-Interest Checking AccountYou want to have a lay of the land before you sign on the (digital) dotted line for a new bank account. Here are some key items you want to review before going with a high-interest checking account:
Rates can change, so make sure you review your account offerings compared to others on the market from time to time to ensure you have the best setup for you. How to Choose a High-Interest Checking AccountIf you're thinking about moving to a high-interest checking account, take a few things into consideration.
Frequently Asked Questions (FAQs) About High-Interest Checking AccountsHere, we've gathered popular questions about high-interest checking accounts. 1. What Bank has the Highest Interest Rate on Checking Accounts?APY rates vary at different credit unions, banks and financial institutions (they can vary by location, too). Right now, Axos Bank at 1.00% APY, offers one of the highest rates on the market. With that said, make sure an account meets other needs you may have instead of solely chasing a high APY. If you need to match requirements unattainable for you to hit that number, for instance, the higher APY won't matter if you won't reliably be able to earn it. 2. Where Can You Open a High-Interest Checking Account?Many traditional brick-and-mortar and digital-only banks, financial institutions and credit unions offer high-interest checking accounts to members. Our list of the seven best high-interest checking accounts should get you started. Those financial institutions include Axos, Ally, Charles Schwab, Capital One, MemoryBank, SoFi and NBKC. 3. How Much Interest Will I Get on $1,000 a Year in a Savings Account?Before you do any calculations, you'll need some key information. For instance, in addition to that $1K, will you be adding any other money throughout that year? How often will your APY compound (daily, yearly, another timeframe)? And, of course, what is your account APY? Once you have those answers, here's the calculation: APY=(1+r/n)^n-1. "R" is the interest rate and "N" is the number of compounding periods in one year. In this example, let's say you open an account with a 0.25% APY and interest compounds daily. If you don't contribute another dollar to the account, your $1,000 will turn into an end-of-year balance of $1,002.50. Yes, interest rates are pretty low at the moment. But it still pays to funnel your money into a secure, interest-bearing account. There are also several free APY calculators on the web that you can use to figure out interest rates specific to your account situation. How We Picked the 7 Best Checking Accounts That Pay InterestOur methodology for this list is simple: According to the FDIC, the average interest rate for interest-bearing checking accounts is currently 0.03%. So, we looked for accounts that came in around that range or, ideally, were higher. (Note: APR fluctuates over time, so a lower rate now could rise in the future.) Beyond the interest rate, we looked at what else the account brings to the table. We gave preference to ones that don't have maintenance fees or require minimum balances and that offer ATM fee reimbursement. Contributor Kathleen Garvin (@itskgarvin) is a personal finance writer based in St. Petersburg, Florida, and former editor and marketer at The Penny Hoarder. She owns a content-writing business and her work has appeared in U.S. News, Clark.com and Well Kept Wallet. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.  This posting includes an audio/video/photo media file: Download Now | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Planning for Elderly Parents: 3 Talks to Have ASAP Posted: 04 Nov 2021 07:00 AM PDT Let's be honest: It can be awkward for adult children to talk about money with their parents. Especially if you haven't done it much before. But avoiding the money talk, especially as our parents age and their needs change, can lead to a host of financial problems down the road. These talks are tough — but they're also really important. Getting the conversation going early on — before a crisis strikes — and in a natural way can do a lot in helping your family plan its financial future. 3 Financial Planning Conversations to Have With Your ParentsIt isn't all about money. There are many issues adult children might want to discuss with their parents, including long-term care, housing, and splitting assets and responsibilities. Consider the time, place and people you want involved in these talks. Depending on your relationship, you might want to schedule a specific time to discuss money with your mom or dad. Or it might be easier to casually bring up the topic in a non-pressurized environment, like when you and Mom are putting the dishes away after Thanksgiving dinner. When you talk, consider having a one-on-one convo to start. Involving other family members or spouses might make the situation stressful or derail the talk entirely. "Every family dynamic is different," said Marcy Keckler, vice president of financial advice strategy for Ameriprise Financial. "But in general, if the parents are talking with just their own children, that family dynamic is going to be potentially a little bit simpler." 1. What's Your Money Situation Look Like?Your parents might be great at managing their money. Or maybe they used to be, but now, you're not so sure. As our parents age, they may struggle to keep a handle on their personal finances. Bills can get overlooked. Taxes might not get paid on time. Simple forgetfulness can lead to major financial headaches, and our cognitive abilities naturally decline with age. Older adults may also be more susceptible to fraud and scams. Bad actors target the elderly in higher numbers and the elderly are more likely to fall for these deceptive tricks. This can wreak havoc on your parent's finances — and you may not realize what's going on until it's too late. You don't need to know specific dollar amounts at first to launch a meaningful conversation. For example, you could ask Mom or Dad to give you access to their online accounts — just to keep an eye out for unusual credit card charges or to help streamline monthly bill paying by getting all their accounts online and enrolled in autopay. Later, if you need to get more hands-on with managing their finances, the transition feels easier and more natural. If your parents are still healthy and capable, encourage them to create a file or notebook with their essential financial information, including their bank account number, the location of any safe-deposit boxes, investment account passwords, the phone number of their accountant and credit card details. If they seem reluctant, let them know you're coming from a sincere place and just want to help out if an emergency arises. If they went into the hospital, who would make sure the bills got paid on time? If your parent's mental capabilities are waning due to dementia or following a stroke, it's wise to consult an elder law attorney. This professional can help guide you through important steps like putting a health care proxy in place and naming a durable power of attorney. They can also give you advice on the best ways to manage your elderly parent's financial affairs. 2. Who Will Handle Long-Term Care?Another difficult topic is long-term care planning. This discussion is about more than money. It involves figuring out where your parents will live in the future and who will take care of them. Discuss the type of care your parent wants if it becomes too difficult for him or her to live independently. Most older adults want to age in place in their own homes for as long as possible with the help of family members and home health aides. Others may eventually require 24/7 care in a nursing home or assisted living facility. Learn about your parent's preferences and talk to them about how much each option could cost. It can be challenging, but listen to your parents and hear them out. Don't start the conversation just to impose your own viewpoint and opinions. It's hard to think about becoming incapacitated, and older people often struggle to cope with emerging limitations, disabilities and failing health. They might feel like they're losing their independence, especially if they're having trouble performing activities of daily living. Patience and compassion can go a long way in these conversations. If your parents are still young and in relatively good health, buying a long-term care policy could save your family a lot of money down the road. However, the price of a policy could be cost-prohibitive if your parents are older or in failing health. You may want your parents to live with you as their health declines, but remember, you'll likely need to buy equipment or modify your home to safely accommodate them. Pro Tip Here are tips for how to become a paid caregiver for a family member. Or you may need to consider hiring a part-time health care professional to help out. Find out what long-term home health care services Medicare covers and what assistance you may need to pay for out-of-pocket. It's always important to consider what will happen if your other parent or their current spouse dies first. If your dad always helped your mom with grocery shopping or drove her to her doctor's appointments, who will take on these responsibilities if he passes away? Talk With Your SiblingsIf you have siblings, it's important to get on the same page with them. A child who lives nearby may turn into the de facto caregiver — even if they don't want or can't handle the responsibility. A child who lives far away can feel excluded from important decisions or guilty for not helping out more. It's important to talk about any imbalances, Keckler said. Siblings often have their own financial and family obligations to contend with, so dividing everything equally isn't always an option. One might be able to pay for more than another. Acknowledging this can help. "Give each other credit for different types of support and care for the parents," Keckler advised. "I think if siblings can make sure that they acknowledge the contributions of each other, that can be one way to ease sources of tension." A sibling with limited financial resources who lives far away can still help take care of Mom or Dad in other ways. For example, handling online banking, paying bills, ordering household supplies or scheduling appointments can be a huge help, and these tasks can be done remotely with relatively little effort.  3. Are Important Estate Planning Documents in Place?As our parents age, it's essential to make sure estate planning documents are in place, especially a will. A will, sometimes called a last will and testament, spells out who receives your assets after you die. If your parent dies without one, the state decides who receives their house, car and other belongings. In most states, assets are passed along to the next of kin, starting with the spouse, then children, parents, siblings and so on. If your parent recently remarried, their spouse will likely inherit everything. This may or may not be what your parent wants. People often assume their children will get the house or the fishing boat, but if they're still married and don't have a will, that's not the case. Family dynamics are complex and dying without a will can unearth the ugliest side of human nature. It can leave loved ones confused and disappointed at best and locked in hostile litigation at worst. It's best to avoid the mess by having an open dialogue with your parents now. First, ask if they even have a will. If they do, find out where it is and the last time it was updated. You can create a simple will online, but most experts recommend having a lawyer draft one up. It may cost a few hundred dollars, but the money is well worth it, especially if your parent has multiple assets, owns a business, has a complex financial situation or has a blended family. If changes need to be made to a will or an estate plan, go with your parents to an attorney and finalize any revisions. Don't let your parent make the changes themselves by writing over their will or typing up a new one without getting it notarized. Doing so can invalidate the entire document. Many states offer legal aid resources for the elderly or qualifying low-income individuals. To save money, ask for estimates from lawyers and get quotes from a few different firms. Always make sure to take advantage of free consultations. Ask About Power of Attorney and Living Wills, TooA lawyer can also help you draft other important estate planning documents, including a power of attorney, advanced directive and a living will. These documents appoint someone to manage your parent's affairs if they become incapacitated. They also describe the end-of-life health care your parent wants — or doesn't want — to receive. The Health Insurance Portability and Accountability Act (HIPAA) restricts who can have access to private health care information, so signing papers that allow you to access your parents' health documents is important. Keckler recommends having a power of attorney and living will on file at hospitals and doctor offices where your parents might go, as well as keeping copies for yourself. Make Sure Beneficiary Designations are Up to DateIt's also essential to ask your parents if they have any life insurance policies in place. Insurance can help pay for long-term care, final expenses and burial costs. Things like life insurance policies, 401(k) accounts, annuities, pensions and brokerage accounts come with their own beneficiary designations. People often forget to update these documents over time, which can cause headaches, heartache and hardship after someone passes away. For example, your father may still have his ex-wife listed as the beneficiary of his Roth IRA — even though they've been divorced for a decade. Even if you're listed as your dad's primary beneficiary on his will, the IRA may still pass directly to his ex-wife. Check to make sure these documents are up to date and contain your parents' current wishes. How to Start the ConversationThese conversations aren't easy, but they don't need to be divisive either. Making sure everyone feels valued and heard is key. It's important not to wait until something forces these issues to start the conversation. Keckler suggests finding a natural catalyst to bring up the topic like:
Before the actual conversation, figure out what your goals and priorities are. What should you talk about now and what can wait? Other advice:
Involving an objective third-party is another way to break the ice. A financial planner can help facilitate the conversation because they have experience and know the most important topics to discuss. "Families who have done this report it went better than they thought it would and they felt more financially confident," Keckler said. "Overcoming your apprehensions and getting started is a great first step and you'll be glad that you did." Tiffani Sherman is a Florida-based freelance reporter with more than 25 years of experience writing about finance, health, travel and other topics. Senior writer Rachel Christian contributed to this report. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.  This posting includes an audio/video/photo media file: Download Now | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| UPS is Filling 60K Seasonal Jobs. Here’s How to Apply Posted: 04 Nov 2021 05:17 AM PDT Companies are feeling the crunch of supply chain issues, labor shortages and high consumer demand this holiday season. It's stressful for company officials — but it's great news if you're looking for a seasonal job. UPS is looking to hire 60,000 seasonal workers this week during a nationwide hiring event called Brown Friday, taking place Nov. 4-6. Jobseekers can attend either a virtual information session or an in-person event in select cities. According to the company's website, Brown Friday is targeted at hiring seasonal workers for these roles:
The positions are entry-level, though driving-related jobs have additional requirements. All of these roles can be physically demanding, so you must be able to lift, carry and/or slide between 35 and 75 pounds. The pay for seasonal positions varies depending on where you work and your shift. We took a quick peek at open roles across the country, and found that most warehouse worker positions usually pay between $15 and $25 an hour. Seasonal employees can also participate in UPS's Earn and Learn program, which, according to the company, can result in up to $1,300 toward college expenses for just three months of work. If your seasonal gig turns into a permanent job — even a part-time one — you'll be eligible for health care and retirement benefits, too. Seasonal jobs always have the potential to turn into full-time positions, and UPS is known for a strong culture of internal promotion. "Over the last three years, about one-third of people hired by UPS for seasonal package handler jobs were later hired in a permanent position," according to the company's website. The delivery giant's mass recruitment drive is part of a broader effort, announced last month, to hire 100,000 seasonal workers to support its yearly holiday shipping rush. How to Land a Job at the UPS Virtual Job FairBrown Friday will mostly take place online, with 19 virtual information session slots available during the three-day hiring blitz. The information sessions are all the same, so you only need to sign up for one. Pro Tip You can register for a virtual hiring event here. After you register, you'll receive an email with a Zoom link to access the session. Events last one hour. Available times range from noon to 9 p.m. Thursday and Friday, and noon to 4 p.m. Saturday. The virtual job fair is aimed at helping potential applicants learn more about the company. A Q&A is scheduled to answer common questions like when work will begin and how long seasonal jobs typically last. The webinar is also slated to explain the application process in detail. Here are some other key things to know:
UPS is also hosting more than 400 virtual hiring fairs in specific cities across the country — from Atlanta, Georgia to Albuquerque, New Mexico. You can find a list of location-specific information sessions on the UPS events page. Too busy to make it to a Brown Friday event? You can always apply for seasonal jobs any time at www.jobs-ups.com. Looking for a job this season? We found more than 1 million openings nationwide. Rachel Christian is a senior writer for The Penny Hoarder. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.  This posting includes an audio/video/photo media file: Download Now | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 17 Best Bank Promotions and Bonuses of November 2021 Posted: 04 Nov 2021 05:00 AM PDT Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. So, you're looking for a new bank account. You've got several factors to consider — ATM access, interest rates, monthly account fees, minimum balances, online bill payments and more. Another factor: sign-up bonuses. Banks and credit unions frequently run promotions to entice prospective customers to open a new account — and they often come with cash. You have to meet specific criteria, such as making a minimum opening deposit, and generally the account must remain open for a certain amount of time — at least long enough to earn the cash bonus. Many banks offer such sign-up bonuses, but often, they aren't advertised. We did some digging to find the best bank promotions currently on offer. Best Bank Account Bonuses of November 2021Keep an eye on what each promotion requires, as well as any limitations. Recurring direct deposits and maintaining a minimum balance are common requirements in securing bank bonuses. Also pay attention 17 Bank Promotions That Give you Cash
Aspiration AccountBest for Financial Beginners Key Features
 Once you open a new account, Aspiration will send you a debit card. Use it to make at least $1,000 of cumulative transactions within 60 days of account opening. The FDIC-insured account offers up to 1.00% APY on savings accounts and allows fee-free withdrawals at more than 55,000 ATMs. You'll earn up to 5% cash back when you make debit purchases at socially conscious businesses. Aspiration Account  Bonus amount $150 How to get it Open a new account and make a minimum opening deposit of at least $10. When you get it Within 120 calendar days of opening. The fine print Monthly fees are on a "Pay What is Fair" policy. Expiration None The Aspiration Account boasts unlimited fee-free ATM withdrawals at all in-network (Allpoint) ATMs, plus up to 5% cash back on Conscience Coalition debit card purchases. You can even opt to plant a tree with every purchase roundup. You can access your paycheck up to two days early and earn up to 1.00% APY on your savings. Aspiration Plus AccountBest for Socially Conscious Clients Key Features
 Once you open a new account, Aspiration will send you a debit card. Use it to make at least $1,000 of cumulative transactions within 60 days of account opening. The FDIC-insured account offers up to 1.00% APY on savings accounts and allows fee-free withdrawals at more than 55,000 ATMs. You'll earn up to 10% cash back when you make debit purchases at socially conscious businesses. Aspiration Plus Account  Bonus amount $200 How to get it Open a new account and make a minimum opening deposit of at least $10. When you get it Within 120 calendar days of opening. The fine print $15 monthly fee. Expiration None The Aspiration Plus Account boasts unlimited fee-free ATM withdrawals at all in-network (Allpoint) ATMs, plus up to 10% cash back on Conscience Coalition debit card purchases. You can even opt to plant a tree with every purchase roundup and get carbon offsets for your gas purchases with Planet Protection. You can access your paycheck up to two days early and earn up to 5.00% APY on your savings. Chase Total Checking AccountBest for Basic Checking Key Features
The Total Checking $12 monthly fee can be waived if you receive monthly direct deposits totaling $500 or more, keep a daily minimum balance of at least $1,500 in your new checking account, or keep a daily minimum balance across all your Chase accounts of at least $5,000. Deposits via person-to-person payments do not qualify. Access to 16,000 ATMs and more than 4,700 branches. Chase Total Checking Account  Bonus amount $225 How to get it Receive a qualifying direct deposit within 90 days of account opening. When you get it Within 15 business days of opening. The fine print $12 monthly fee, which can be waived. Expiration Jan. 19, 2022 The Chase Total Checking account gets you access to more than 4,700 branches nationwide, plus 16,000 ATMs. The easy-to-use mobile app is highly rated. While Chase does charge a $12 monthly service fee, you can waive it by earning $500+ in monthly direct deposits, maintaining a daily balance of $1,500+ or having $5,000 across all your Chase accounts at the start of each day. TD Bank Convenience Checking AccountBest for Financial Beginners Key Features
This checking option is good for financial beginners to manage. You only need to maintain a minimum balance of $100 to have the monthly maintenance fee waived. And if you are between the ages of 17 and 23, there are no minimum balance requirements and no monthly fees. The Convenience Checking account does not earn interest. TD Bank Convenience Checking Account  Bonus amount $150 How to get it Receive direct deposits of at least $500 within 60 days of account opening. When you get it Within 140 days of opening. The fine print Monthly fee waived with $100 minimum balance. Expiration None The TD Bank Beyond Checking Account's monthly maintenance fee is steep at $25, but you have three easy ways to waive it (the $2,500 daily balance might be the easiest). Beyond Checking offers two overdraft fee reimbursements a year and no ATM fees, even for out-of-network ATMs (as long as you've got that $2,500 balance). Though the account boasts that it earns interest, the growth is inconsequential at 0.01% APY. TD Bank Beyond Checking AccountBest for Clients with Big Balances Key Features
 The monthly maintenance fee on this personal checking account is waived with monthly direct deposits of at least $5,000, a minimum daily balance of $2,500 or a combined balance across all your TD Bank checking and savings accounts of $25,000. You won't face fees for making withdrawals at TD Bank ATMs, and it'll reimburse non-TD ATM fees if you keep a minimum daily balance of at least $2,500. TD Bank Beyond Checking Account Bonus amount $300 How to get it Open a new account and receive direct deposits of at least $2,500 within 60 days. When you get it Within 140 days of opening. The fine print Monthly fee waived with $5,000 in direct deposits or $2,500 daily balance. Expiration None The TD Bank Beyond Checking Account's monthly maintenance fee is steep at $25, but you have three easy ways to waive it (the $2,500 daily balance might be the easiest). Beyond Checking offers two overdraft fee reimbursements a year and no ATM fees, even for out-of-network ATMs (as long as you've got that $2,500 balance). Though the account boasts that it earns interest, the growth is inconsequential at 0.01% APY. Chime Referral BonusBest for Referral Bonus Key Features
If you refer a friend and they open a new account and receive a direct deposit of at least $200 in the first 45 days, you will each receive $75. Make sure to use the referral link from your account to get the cash bonus. Chime is great for beginners, offering fee-free overdraft, automatic savings account, early paycheck deposit and 60,000+ fee-free ATMs. Chime Referral Bonus Account  Bonus amount $100 per referral, plus $100 to the friend you refer How to get it Referred friend receives $200 direct deposit. When you get it Within two business days of account opening. The fine print Be sure to use a unique referral link from your own account. Expiration None Though not technically a bank, Chime is becoming increasingly popular as an online financial institution for banking customers of all ages. Top features include early access to direct deposit, fee-free overdraft, 60,000+ ATMs, a 0.50% APY for the high-yield savings and plenty of features to automatically grow your savings. Alliant Ultimate Opportunity SavingsBest for Fans of Suze Orman Key Features
Not only does Alliant Credit Union's Ultimate Opportunity Savings Account (in partnership with Suze Orman) have one of the best APYs currently available (0.55%), it pays out its bonus pretty easily. No massive balances or monthly direct deposits to think about. Alliant Opportunity Savings  Bonus amount $100 How to get it Deposit at least $100 a month for 12 months. When you get it Within four weeks of completion. The fine print Balance must be $1,200 at the end of 12 months. Expiration Dec. 31, 2021 The Ultimate Opportunity Savings Account from Alliant Credit Union has a lot to like: 80,000+ fee-free ATMs, no monthly fees if you opt in to online statements, a leading mobile app, and a strong APY at 0.55%. Bank of America Advantage AccountBest for Standard Checking Key Features
Open your Bank of America checking account online using the promo code DDX100CIS. Qualifying direct deposit must be regular monthly income, such as salary or pension payments. Bank of America Advantage Banking accounts come in three levels: SafeBalance, Plus and Relationship. All three carry Bank of America monthly fees that can be waived by meeting direct deposit and minimum balance requirements. Bank of America Advantage Account  Bonus amount $100 How to get it Receive direct deposits of at least $1,000 within 90 days. When you get it Within 60 days of account opening. The fine print Monthly fees can be waived. Expiration Dec. 31, 2021 Bank of America's Advantage account is broken into three tiers: SafeBalance Banking, Plus Banking, and Relationship Banking. SafeBalance boasts no overdraft fees or non-sufficient funds fees; Plus offers multiple ways to waive the monthly service fee; and Relationship earns interest (though the percentage is quite low). BMO Harris Smart Advantage AccountBest for Fee-Free ATM Network Key Features
Get a $200 bonus for opening a new BMO Harris Smart Advantage account and earning at least $4,000 in qualifying direct deposits within 90 days. The bank has physical branches in Indiana and you have to live in IL, IN, MN, WI, MO, KS, AZ or FL to take advantage of this account, which grants you unlimited fee-free transactions at over 40,000 Allpoint network ATMs in the U.S. BMO Harris Smart Advantage Account  Bonus amount $200 How to get it Receive direct deposits of at least $4,000 within 90 days. When you get it Approximately 100 days after opening. The fine print Monthly fees can be waived with paperless statements. Expiration Jan. 28, 2022 Smart Advantage is BMO Harris' most popular checking account. It requires no minimum balance, charges no monthly fees when you opt for paperless statements and gets you fee-free access to 40,000+ ATMs nationwide with the Allpoint network. BMO Harris Smart Money AccountBest for No Minimum Balance Key Features
Get a $200 bonus for opening a new BMO Harris Smart Money account and earning at least $4,000 in qualifying direct deposits within 90 days. The bank has physical branches in Indiana and you have to live in IL, IN, MN, WI, MO, KS, AZ or FL to take advantage of this account, which grants you unlimited fee-free transactions at over 40,000 Allpoint network ATMs in the U.S. BMO Harris Smart Money Account Bonus amount $200 How to get it Receive direct deposits of at least $4,000 within 90 days. When you get it Approximately 100 days after opening. The fine print There is a monthly fee if you're over 25. Expiration Jan. 28, 2022 Like Smart Advantage, BMO Harris' Smart Money has no minimum balance required. It's also noteworthy for having no overdraft or NSF fees. With this account, you will get unlimited fee-free transactions at in-network ATMs (40,000+ nationwide). However, you'll pay a monthly fee if you're 25 or older. BMO Harris Premier AccountBest for High Interest Possibility Key Features
Get a $350 bonus for opening a BMO Harris Premier account and earning at least $7,500 in qualifying direct deposits within 90 days. You have to live in IL, IN, MN, WI, MO, KS, AZ or FL to take advantage of this account, including its fee-free ATM access. The more you have in the account, the more interest you earn. Monthly maintenance fee can be waived if certain requirements are met. BMO Harris Premier Account Bonus amount $350 How to get it Receive direct deposits of at least $7,500 within 90 days. When you get it Approximately 100 days after opening. The fine print Monthly maintenance fees can be waived. Expiration Jan. 28, 2022 The highest bonus at BMO Harris comes from the Premier Account with Relationship Packages that reward you with more perks for banking more with BMO. The account earns interest, and the amount you earn increases with the amount of funds in the account. You also get unlimited access to any ATMs, in-network or not. Fifth Third Checking AccountBest for Early Paycheck Access Key Features
Fifth Third Bank is a regional bank with a decent checking account. Its lack of fees, Extra Time overdraft fee avoidance feature, fraud protection, early access to paychecks and physical branches are all highlights, but its low APY (0.01%) and limited branch network (FL, GA, IL, IN, KY, , MI, NC, OH, SC, TN, and WV) work against the bank. Fifth Third Checking Account  Bonus amount $300 How to get it Open a new account and make direct deposits totaling $500 or more within the first 60 days. When you get it Within 10 days of meeting bonus criteria The fine print Overdraft fee avoidance feature still requires that you quickly respond to avoid overdraft fees of $37 Expiration December 31, 2021 Fifth Third's checking account boasts immediate funds for all check deposits, Extra Time for overdraft fee avoidance, early paycheck access, no minimum balance and no hidden fees. The account also offers basic fraud protection services and unlimited check writing. Discover Bank Online Savings AccountBest for APY Earnings Key Features
Discover Bank's Online Savings Account offers a respectable APY, 8x higher than the national average. You can also pair the account with the Discover Cashback Debit account (one of the best online checking accounts of 2021). However, the deposit amounts to earn the bonus are quite high, making the bonus offer far less achievable for most. Discover Bank Online Savings Account  Bonus amount $150 or $200 How to get it Open account using code BR21 and deposit at least $15,000 (for $150) or $25,000 (for $200) within 30 day When you get it Within 30 days of meeting bonus criteria The fine print Must be a first-time Discover savings account customer Expiration December 15, 2021 The Discover Bank Online Savings Account offers a competitive APY (0.40%) with interest compounded daily instead of monthly. THere's no monthly fee with Discover, no minimum deposit and no insufficient funds fee. All in all, not a bad offer. Huntington Asterisk-Free CheckingBest Regional Bonus Key Features
This offer is only available to customers who live in IL, IN, KY, MI, OH, PA or WV). This account does not earn interest. Huntington Asterisk-Free Checking  Bonus amount $150 How to get it Open a new account and make deposits totaling $1,000 within the first 60 days. When you get it Within 14 days of meeting bonus criteria. The fine print Account must remain open for at least 90 days. Expiration Oct. 7, 2021 Huntington's Asterisk-Free Checking Account doesn't pay out any interest, but the lack of a monthly maintenance fee does make it appealing for an easy checking account. Key features include mobile banking, the No Overdraft Fee $50 Safety Zone and the 24-Hour Grace Overdraft and Return Fee Relief. Huntington 5 Checking AccountBest for Quick Bonus Payout Key Features
This offer is only available to customers who live in IL, IN, KY, MI, OH, PA or WV). This account does not earn interest. This account earns interest (currently a 0.02% APY, which is quite low). It also has a monthly maintenance fee of $5, which is waived if you have at least $5,000 across every Huntington bank account. Huntington 5 Checking Account Bonus amount $200 How to get it Open a new account and make deposits totaling $1,000 within the first 60 days. When you get it Within 14 days of meeting bonus criteria. The fine print Account must remain open for at least 90 days. Expiration Oct. 7, 2021 While the Huntington 5 account does have a monthly $5 fee, you can waive it by having $5,000 across accounts with Huntington. By upgrading to this account, you'll get a higher bonus and ear 0.02% interest on your balance. Plus, you get five free ATM withdrawals. HSBC Premier Checking AccountBest for Foreign Transaction Fees Key Features
The HSBC Premier checking account is a solid checking account. While it's billed as fee-free, it does have a monthly maintenance fee, but you can waive it by maintaining at least $75,000 across accounts, getting $5,000+ in monthly direct deposits, having an HSBC loan of $500,000+ or maintaining Jade status. With this account, you can also travel worry-free with no foreign transaction fees and free HSBC Premier Checking Account  Bonus amount $450 How you get it Earn qualifying direct deposits of $5,000+ a month for three consecutive months. When you get it Within eight weeks of completing qualifying activities. Fine print Subject to monthly maintenance fee of $50 unless conditions are met. Expiration Jan. 5, 2022 The HSBC Premier pays a handsome bonus of $450, but it's also a lot less attainable for average Americans. The $75K minimum balance across all HSBC accounts and investments, for example, is a hard criterion to meet to waive the monthly fee. Some more attainable accounts include Advance, Choice Checking and Basic Banking, but you'll lose out on the bonus opportunity. PNC Virtual WalletBest for ATM Power Users Key Features
The PNC Virtual Wallet includes three different Spend accounts: the baseline account, Performance Spend and Performance Select. All three require no minimum balance to open and get you access to 18,000 ATMs nationwide. The premium Performance Select account also reimburses fees at out-of-network ATMs. PNC Virtual Wallet  Bonus amount Up to $300 How you get it Qualifying direct deposits must be received within 60 days of account opening. When you get it 60 to 90 days after meeting bonus conditions. The fine print Monthly service fees ranging from $7 to $25 if conditions aren't met. Expiration Dec. 31, 2021 PNC bonus offers are based on amounts of qualifying direct deposits and the offer is good in 22 states across the country. Your Zipcode will be used to determine if you are in a participating state. Earn a $50 for making $500+ in direct deposits into the Virtual Wallet account; $200 for receiving $2,000+ in direct deposits into the Virtual Wallet with Performance Spend account; or $300 for receiving $5,000+ in direct deposits into the Virtual Wallet with Performance Select account. To waive the Virtual Wallet monthly maintenance fee ($7), earn $500+ in monthly direct deposits to the Spend account or maintain a $500+ monthly balance across the Spend + Reserve accounts. If you're 62 or older, the fee is automatically waived. How to Search for Bank Account Bonuses on Your OwnInstead of listing approximately 193 bank promotions, we kept this list short and sweet — only highlighting the best bank promotions for checking and savings accounts. But maybe you're interested in banking with your local credit union, opening a small business checking account or exploring what investment accounts are available. There are often cash bonuses attached to these accounts too. Banks don't always make finding these promotions easy, so here are a few tips to help you get your hands on that cash bonus.
Overall, be smart. Don't let the promise of a cash bonus blind you. Read the fine print so you don't get stuck paying high monthly fees, interest rates or closing penalties. Will Opening a Bank Account Hurt Your Credit Score?If you're worried that opening a new bank account or closing an old one will hurt your credit score, don't be. Your bank accounts are not included in your credit report and therefore have no effect on your credit score, unless you have an outstanding negative balance that the bank turns over to a collection agency. Sometimes when you go to open a new account, banks will do a soft credit check. However, that won't affect your credit score. Timothy Moore covers bank accounts for The Penny Hoarder from his home base in Cincinnati. He has worked in editing and graphic design for a marketing agency, a global research firm and a major print publication. He covers a variety of other topics, including insurance, taxes, retirement and budgeting and has worked in the field since 2012. Editorial Disclosure: This content is not provided by the bank advertiser. Opinions expressed here are the author's alone, not those of the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.  This posting includes an audio/video/photo media file: Download Now |
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