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2016-08-08T00:00:00.000Z

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Wrong Ken Tumin?

Mr. Ken Tumin

Editor

DepositAccounts.com

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DepositAccounts.com

Background Information

Web References (42 Total References)


Ken Tumin, founder of ...

magisgroupinc.com [cached]

Ken Tumin, founder of DepositAccounts.com, a website that tracks deposit rates, said many of his readers are older people looking to maximize returns on low-risk accounts, and some have multiple high-yield checking accounts. (He calls them high-yield reward checking accounts because they typically offer a "reward" like reimbursement of A.T.M. fees in addition to the higher rate.)

One reader, he said, has at least 10 of these accounts. While managing them and making sure all the various requirements are met is a challenge for consumers, he said, "They're serious in terms of maximizing their savings in a safe way."
...
And, Mr. Tumin said, the high-yield accounts typically have no monthly fee, so while you won't earn the higher rate if you fail to meet the account's criteria, you won't be penalized with an additional charge.
...
Mr. Tumin suggested that consumers with a relatively small amount of money to deposit choose the account with the highest rate, while those with a larger pot select an account with the highest cap.
...
In addition, some accounts allow deposits that use an automated clearing house electronic network for clearing financial transactions - so-called A.C.H. transactions - to meet the direct-deposit criteria, Mr. Tumin said.


Susan Tompor: Can't remember when you balanced a checkbook? | Lexington Herald-Leader

www.kentucky.com [cached]

Ken Tumin, founder and editor of DepositAccounts.com, said setting up email or text alerts can remind consumers to make sure that they need to get more money into a checking account.

Consumers who link a savings account to checking, he said, should track spending and avoid seeing money transferred from savings to checking more than six times a month.


"If we forgot, or we usually ...

www.forexguidebook.com [cached]

"If we forgot, or we usually didn't have a income during a time, we have a choice to make that additional grant for a prior year," pronounced Ken Tumin, a owner and editor of DepositAccounts.com.


Ken Tumin, founder of ...

gulfnews.com [cached]

Ken Tumin, founder of DepositAccounts.com, a website that tracks deposit rates, said many of his readers are older people looking to maximise returns on low-risk accounts, and some have multiple high-yield checking accounts. (He calls them high-yield reward checking accounts because they typically offer a "reward" like reimbursement of ATM fees in addition to the higher rate.)

One reader, he said, has at least 10 of these accounts. While managing them and making sure all the various requirements are met is a challenge for consumers, he said, "They're serious in terms of maximising their savings in a safe way."
...
And, Tumin said, the high-yield accounts typically have no monthly fee, so while you won't earn the higher rate if you fail to meet the account's criteria, you won't be penalised with an additional charge.
...
Tumin suggested that consumers with a relatively small amount of money to deposit choose the account with the highest rate, while those with a larger pot select an account with the highest cap.
...
In addition, some accounts allow deposits that use an automated clearing house electronic network for clearing financial transactions - so-called ACH transactions - to meet the direct-deposit criteria, Tumin said.


Ken Tumin, ...

bottomlinepersonal.com [cached]

Ken Tumin, DepositAccounts.com

...
Source: Ken Tumin, founder of DepositAccounts.com, which monitors interest rates and various other developments at about 8,000 banks and credit unions.

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