Opening a business bank account is an essential part of setting up your company’s finances. You need a place to deposit revenue, pay expenses, and manage cash flow. However, business accounts can come with high fees or limited features depending on where you bank. Navy Federal Credit Union offers an alternative worth considering. Navy Federal ...

PayPal is a trendy way for businesses and individuals to receive payments online. However, your needs may change, and you want to use your PayPal account differently. Many people and small businesses have started using PayPal for both personal and work-related transactions. Over time, you may use your PayPal account more for personal purchases rather ...

It can be confusing and concerning to see unfamiliar things. One code some people see is “WF CRD SVC.” If you’ve come across this and want to know what it means and how to remove it if needed, then keep reading. This article will explain precisely what the WF CRD SVC code stands for in ...

Charges with abbreviations can be confusing. “SP AFF*” stands for “Special Affinity,” and it’s a fee that some banks charge their customers. It’s an extra fee that the bank tacks onto certain transactions as a way to make more money. The bank chooses what types of purchases or withdrawals will incur this fee.  Things like ...

PAI ISO is a standard charge that can show up when you use an ATM or pay with your debit or credit card. But what does it mean? This article will explain in easy-to-understand terms what a PAI ISO charge is and why you might see it. We’ll break down what the letters stand for ...

Liquidity is significant in the financial world. How easily you can sell your investments without losing value is called liquidity. Investors demand extra returns when they put their money into assets that are not liquid or difficult to sell quickly. This additional return is known as the Liquidity Risk Premium or LRP. LRP plays a ...

Cryptocurrency is changing how we use money. New websites let people use digital money easily. One is called cryptopronetwork.com. It helps people with cryptocurrency in many ways. Cryptopronetwork.com does more than just let you buy and sell cryptocurrency. It has tools to make using crypto easy for beginners and experienced users. You can store your ...

Have you ever seen the letters HOLD REL MEM CR show up on your Chase bank statement and wondered what it meant? You’re not alone – this banking code can look confusing at first glance. But it’s referring to a widespread practice that banks use when processing transactions. Whenever you deposit an extensive check or ...

Many credit cards, like American Express, use codes behind the scenes to keep their records organized. Even though we see these codes on our bills, they are just for the credit card company to help with bookkeeping. Codes like “DR ADJ REDIST CADV PRIN” are actually adjustments that American Express makes to your account internally. ...

Have you seen the term “interest-saving balance” mentioned on your credit card statement? It’s a new feature being offered by some credit card companies, but what does it really mean? An interest-saving balance is designed to help you save money on interest charges for your credit card. It gives you the option to pay just ...