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10 ways you didn’t know your bank could save you money

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More than just safe places to store your cash, banks are businesses — which means they offer customers products, services, and other perks you might not be aware of.

Depending on where you bank — and how long you’ve been banking there — you may be missing out on some great opportunities to save (or, in some cases, earn) money.

Curious about how you can take better advantage of all your bank has to offer? Here are a few things you may not know your bank can do for you.

Forgive overdraft fees

If you’ve ever overdrafted your checking account, then you know overdraft fees can be a source of major frustration. The good news is, most banks will waive fees like this if you ask.

“In cases where you have an overdraft or other unexpected fee on your account, always make sure to call your bank and discuss it,” suggests Lou Haverty, a certified financial advisor. “Explain that you weren’t expecting the fee, and let them know you were otherwise happy with the service you received. Many banks will give you a one-time fee waiver as a courtesy.”

Text banking

You probably already know that mobile banking makes a quick transfer or debit card balance check convenient — but text banking offers a whole separate level of ease that doesn’t require you to sign into an app.

Some banks offer the option of accessing account information, checking balances due on credit cards, and even transferring money between your accounts at that bank via secure text message.

If you have text banking, you may also be able to receive fraud alerts directly to your phone.

Help you pay off high-interest debts

There’s nothing worse than throwing money out the window on credit cards with excessive interest. If you’re drowning in high-interest debt, your bank may be able to help by offering you a personal loan at a lower rate.

Not only does consolidating credit card payments make paying off debt more convenient, you could also save a considerable amount of money on interest in the long run.

Match interest rates

Your local hardware store isn’t the only place that will match prices to keep you coming back. To retain customers, banks will often match or exceed a rate you receive elsewhere.

Haverty recommends getting at least two quotes whenever you plan to use a bank product, like a loan or credit card. Just go into the higher-priced bank and let your banker know you received a better option elsewhere.

Automate your savings

Automating savings is a great way to make a habit of investing. Whether you want to set up a $1 deposit into your savings every time you swipe your debit card or automatically transfer money from one account to another on a monthly basis, the majority of banks will accommodate your request for an automatic transfer, according to Kevin Panitch, founder of Just Start Investing.

Waive early withdrawal fees

If you have to withdraw early from a CD or pay a loan off early, most banks charge a penalty fee. But Rob Stephens, founder of CFO Perspective, says if a bank knows you can get a better CD or loan rate somewhere else, they’ll often be willing to waive fees to keep your business.

“Most bank staff really do want to provide you with the best rates and lowest fees. It pays to treat them respectfully and allow them to work with you to identify the best products and pricing for you,” Stephens says.

Lower your monthly payments

There’s no reason you should be penalized for going through a difficult time with your finances, and in many cases, your bank can help you set up a loan or credit card payment plan that works for you.

On top of waiving fees and forgiving penalties, finance coach Carlos Then says your bank can lower your monthly payments so they’re a bit more manageable. Some banks will also connect you with a credit counselor to talk through your credit card debt and options for repaying it.

Give you perks when you open an account

Looking for incentives when you open up an account? “Most banks offer extra perks and incentives if their employer has a pre-existing relationship with the bank,” says personal finance blogger Nermeen Ghneim. “This is known as WorkPlace Banking and can result in an additional $150 or more in your pocket.” Ask your banker if WorkPlace Banking is an option for you.

Allow you to freeze your debit card

While not as common, Ghneim says a few banks can offer you the ability to freeze your debit card and put limits on spending categories.

“This is an excellent feature for parents who want to get their children prepped for using credit cards but still enforce financial boundaries,” he says.

Provide free access to cultural attractions

Who knew you didn’t have to pay full price for museums, zoos, and aquariums? Some banks offer account holders free general admission to attractions on specific days of the month.

To learn more about admission perks (and all the other services your bank might have to offer), ask a banker at your local branch or call the bank’s customer service line.



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Hunter Biden is the father of a child in Arkansas, DNA test reveals

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  • A DNA test has confirmed that Hunter Biden, the son of former Vice President Joe Biden, is the father of a baby living with its mother in Arkansas. 
  • A ruling filed in Independence County, Arkansas, said Biden was “not expected to challenge the results of the DNA test or the testing process,” according to the Arkansas Democrat- Gazette.
  • Biden had previously denied being the baby’s father. 
  • The baby’s mother, Luden Alexis Roberts, filed a petition for paternity and child support in May. She said she had been in a relationship with Biden that resulted in a baby, which was born in August 2018. 
  • Visit Business Insider’s homepage for more stories.

A DNA test confirmed that Hunter Biden is the father of an Arkansas baby that he had previously denied having, according to the Arkansas Democrat- Gazette.

In a ruling filed in Independence County, Arkansas, on behalf of the baby’s mother, Luden Alexis Roberts, the DNA test determined that Biden was the baby’s father “with scientific certainty.”

Biden is “not expected to challenge the results of the DNA test or the testing process,” the filing said. He has yet to comment publicly on the ruling.

Biden, who is former Vice President Joe Biden’s son, had previously denied all allegations that he was the father of Roberts’ child.

Roberts had filed a petition for paternity, child support, and a request for Biden to pay healthcare for the child in May. She said she and Biden had once been in a relationship, and it resulted in a child born in August 2018, according to the Daily Beast.



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How to unflag all of the emails on your iPhone in Mail

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  • It’s easy to unflag all of your emails on an iPhone at once, taking them all out of the Starred folder and emptying it. 
  • You may want to flag emails in the Mail app so you can return to them quickly in future and organize your inbox.  
  • Visit Business Insider’s homepage for more stories.

Flagging emails on an iPhone is one of the easiest ways to keep track of messages that require a follow-up, or that you don’t want to lose track of in an overcrowded inbox. 

With just a tap, you can immediately see all those messages in one place and work your way through them, sending responses where needed or completing any requests they might contain.

However, sometimes it’s easy to forget to unflag emails when you’re done with them, leaving you with a bunch of messages you no longer need flagged. When that happens, you can unflag all of them at once in a few simple steps. 

Here’s how to do it. 

Check out the products mentioned in this article:

iPhone 11 (From $699.99 at Best Buy)

How to unflag all of your emails on an iPhone

1. On your iPhone, tap the Mail app icon to open it. 

2. Tap the “Starred” folder to be taken to your flagged messages. 

IMG_8946

Find your flagged emails in “Starred.”
Jennifer Still/Business Insider


3. In the upper right-hand corner of your screen, tap “Edit.” 

4. Tap “Select All” to select all flagged messages.

5. Tap “Mark” in the lower left-hand corner of your screen. 

6. Tap “Unflag.” All messages will then be unflagged and will appear according to date in your inbox. 

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Unflag all of your emails with “Select All.”
Jennifer Still/Business Insider


Note that you will need to re-flag any emails you still want quick access to in the future. 

It’s easy to do this in your inbox, where you can select the messages you want to flag, tap “Mark,” and then “Flag.” Those emails will then appear in your Starred folder.



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NetApp and Google Cloud, whose CEOs are twins, announce partnership

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  • On Wednesday, NetApp and Google Cloud announced an expanded partnership to allow NetApp’s storage and data management services work with Google Cloud.
  • Notably, NetApp CEO George Kurian and Google Cloud CEO Thomas Kurian are twin brothers — although the origin of the partnership dates back to Diane Greene, Thomas Kurian’s predecessor Google Cloud.
  • NetApp also announced a new product that works with Anthos, a Google Cloud product launched earlier this year that allows customers to manage their software across their own data centers and the cloud — even rival clouds, like Amazon’s or Microsoft’s. 
  • NetApp decided to partner with Google Cloud because many customers were asking for it, Anthony Lye, senior vice president and general manager at NetApp, says.
  • Click here for more BI Prime stories.

$15 billion data storage company NetApp and Google Cloud just announced an expanded partnership to help customers take advantage of a wave in cloud computing that all the major players are trying to ride.

Intriguingly, NetApp CEO George Kurian and Google Cloud CEO Thomas Kurian are twin brothers, although the partnership dates back to 2017, when Diane Greene was still Google Cloud’s chief exec.

The partnership hinges on the notion of the hybrid cloud, which allows customers to run their data and applications across both their private data centers and public cloud platforms like Google’s. Microsoft has long established hybrid as a key part of its cloud strategy, though Google and Amazon have both pushed into the space.

NetApp, for its part, has long made hybrid cloud part of its strategy: Its data storage software can run anywhere and everywhere, across servers and the cloud. This newly-expanded partnership with Google takes it a step further though, as NetApp announces on Wednesday NetApp HCI for Google Cloud Anthos.

This new product makes NetApp’s services work with Anthos — Google’s hybrid cloud product that launched in April and allows customers to use multiple clouds, including Microsoft Azure and Amazon Web Services. Anthos has been core to Google Cloud’s newly-refined hybrid cloud strategy.

“We’re big fans of Anthos,” Anthony Lye, senior vice president and general manager at NetApp, told Business Insider. “We’ve already been working with the Anthos team on Google Cloud to make sure it’s available to Anthos developers as they build and deploy stateful applications.”

In addition, NetApp announced NetApp Cloud Volumes Service for Google Cloud, which allows customers to use NetApp’s file service with Google Cloud, as well as Cloud Volumes ONTAP for Google Cloud, which allows customers to manage data across a hybrid cloud.

‘It would be crazy for us not to bring our services there’

Lye says that NetApp first met with Greene, then the Google Cloud CEO, two years ago, with a plan to provide enterprise-grade file storage management. 

“We discussed the opportunity that was in front of us to bring an enterprise-based file service into Google Cloud,” Lye said. “We sat around and sort of engineered and defined a road map that I don’t think anyone has ever done at Google.”

Then, and today, Google Cloud was seen as technologically advanced, but somewhat lacking in features that could appeal to the needs of larger customers. NetApp saw an opportunity: If Google Cloud customers needed NetApp’s kind of file system management, then it could be a win-win.

“We respect the wishes of our customers. There’s a lot of customers that want Google Cloud,” Lye said. “It would be crazy for us not to bring our services there…I think Google speaks for itself. It’s a phenomenal platform and loved by many customers.”

This partnership also stands to help both companies attract customers who are deeply invested in other major IT software vendors. For example, many SAP customers are also big NetApp users, says Kevin Ichhpurani, corporate vice president of global ecosystem and business development at Google Cloud, meaning it can help them transition from their own data centers into the cloud.

“There’s a deep engineering collaboration between the two companies to deliver these solutions,” Ichhpurani told Business Insider.

In the future, Lye says to expect more to come from NetApp and Google Cloud’s partnership.

“I don’t think we decided to work to this date, shake hands, and call it a day,” Lye said. “The teams now have a number of innovative projects. We plan to release more and more capabilities together over the coming months and years.”

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