Online banks typically offer higher interest rates and lower fees than traditional banks, but depositing cash can be tricky without physical branches. If you’re a server, bartender or small business ...
Large cash deposits trigger more anxiety than interest these days, and much of that fear comes from confusion about what banks actually do behind the scenes. When you walk in with more than $5,000 in ...
Planning a big cash deposit? Here's what to know before you go -- and the transaction amount that triggers a government report.
Depositing money into your bank account safeguards the funds and makes them available for you to spend or withdraw when you need it. Deposits are an essential banking task, and there’s more than one ...
Deposits of over $10,000 are reported to the federal government -- but that doesn't mean you're in trouble. Be honest with your bank and don't try to avoid these reports. Make sure your bank even ...
Putting money into your checking or savings account is something most of us do without thinking twice. But in some situations, making a bunch of smaller cash deposits instead of one big one can ...
Lorraine Roberte is an insurance writer for Investopedia. As a personal finance writer, her expertise includes money management and insurance-related topics. She has written hundreds of reviews of ...