What is a basic bank account? Basic bank accounts are designed for people who don't qualify for other types of current account because they have a poor credit history. They offer basic, fee-free ...

Read Less Basic bank accounts provide a ‘no-frills’ banking service. Free to open and maintain, this type of current account takes care of basic day-to-day money management such as making and ...

We think it's important you understand the strengths and limitations of the site. We're a journalistic website and aim to provide the best MoneySaving guides, tips, tools and techniques, but can't ...

There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.

Since October 2002 all banks were required to offer basic bank accounts to help overcome some of the problems experienced by people who are excluded from financial services. In particular, Basic Bank ...

When you're figuring out where to keep your money, you'll come across several types of bank accounts. The four basic types are checking account, savings account, certificate of deposit and money ...

The central bank introduced the BDA in 2018 to address ... MANILA, Philippines — The total value of banks’ basic deposit accounts (BDA) reached P36.7 billion in the last quarter of 2023 ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.