Dimples' Divine Domain
My journey to financial empowerment.

I use Fairwinds Credit Union as my main bank for paying all my bills. I have been with them for 2 years. I signed on today to check my checking account and I saw this: I clicked on the banner and saw that the bank is offering members the opportunity to skip their December loan payments. Here is the breakdown: Count on FAIRWINDS to help you save more with our exclusive Skip-A-Payment offer for the month of December*. You can skip your payment on any of the FAIRWINDS products listed below: New and used vehicle loans Personal loans RV loans and boat loans You may qualify to skip your December payment on any of these products if: You have made at least six consecutive monetary payments on your loan. Your FAIRWINDS accounts are in good standing. Your FAIRWINDS loans are current and up-to-date. I have my personal loan with them so you know I was definitely interested. I called in to get more details. The bank is basically allowing you to defer your loan for one month. ...

Looks like Discover is getting into the bank bonus game. Here is the info that was sent: Great rates and a $25 Discover Gift Card Get a $25 Discover Gift Card when you open a new Discover Bank CD or Money Market account by November 16, 2007. Sign Up Today! To receive this special promotion, either call 1-800-347-7000 and mention the following offer code or enter it when you click on the link below. Special Offer Code: SC0110 I didn't even know they had a bank. Their APY is 4.79% and minimum opening deposit is $2500. Speaking of APYs, ING Direct lowered their rates once again. They went down to an APY of 4.20% from 4.3%. And Capital One finally lowered theirs to 4.75%. Here is a Discover Business Card offer: 0% Intro APR on Purchases & Balance Transfers For a limited time only, earn up to an extra $60 Cashback Bonus with your Discover Business Card. Apply by December 31, 2007 to start earning an extra $10 Cashback Bonus each month you us...

Ok this may sound like a dumb question but I just wanted to make sure I am not messing up in doing this. I have opened up 4 savings accounts this year. ING Direct, Capital One, Citibank and WAMU (daughter's account). I am contemplating closing my checking account with WAMU, which serves as my spending account, and opening up a high yield checking account with someone else. I am just worried that all this activity might be recorded on some system or something. I know that banks have their own banking system but I only thought that was for folks who owe money or who are passing bad checks. Of course this is definitely the last account I open up for a long time. I don't have any need for another one. I would just prefer to earn some interest on the money I have in that account. Anyways, if anyone has any insight on this I would appreciate. I am just looking around at the moment. I definitely want to make sure I am not hurting myself by doing this.