Good reading for October 11th:
- Consumers to Get Some Relief on Overdraft Costs – Kiplinger.com – “Overdraft fees have morphed into a big money-maker for lenders, exceeding $19 billion this year — up 85% from 2004.” (via Consumerist)
- Complaints: Discover Randomly Raises 400,000 Members’ APR “To Remain Competitive” – Consumerist – “Discover card holders, check your bills. You may be one of 400,000 lucky members getting their interest rates significantly increased for no apparent reason.”
- Credit Cards, Banks Offering Cash Back for Money Spent | SmartMoney.com – “Banks and credit-card companies are offering all sorts of products — from checking and money-market accounts to credit cards — that can help you improve your bottom line every time you deposit cash in an account or buy something using your credit or debit card.”
- Getting Going – WSJ.com – “Forget the quaint notion that you should have your checking account, credit card and savings account all at the same bank. Instead, look to cherry-pick the best of these accounts — with the goal of sidestepping fees, piling up credit-card rewards, earning extra interest and building a great credit score. Sound like a lot of work? It doesn’t have to be.”
- 6 Things STAR WARS Teaches Us About Our Money – Alan Haft – “Where do you go for investment advice? A financial advisor? CPA? Jim Cramer? Suze Orman? Maybe the retired guy down at the pool? What about Yoda? Ever consider him?” (I am contractually obligated to post this….)
- Using Highrise to conquer customer service problems – (37signals) – I totally agree with keeping notes on customer service interactions (as I said below in the Browser Snapshot post). Highrise is a great tool for this.