I'm thinking about switching banks and I don't know who to go to. I'm a student graduating in May, to give you some insight. I probably want free ATM fees and I don't write a lot of checks. Convenience is not that big of deal since I only go to the bank like once a month to deposit my cash, but when I start working I'll probably try to do direct deposit. Any recommendations?
Chase. No. I have been with them since 1993, when I got a job after high school. CONS: Although it has happened only maybe once or twice, they charge for going under the limit. They charge monthly for maintenance. PROS: Their website is nice. I am thinking about either changing to COMPLETELY ONLINE account (no paper, no bills, no charges) with them, or another bank. I welcome suggestions just like pradax is expecting.
I use bank of america. Haven't had any trouble with them so far, and the online banking is pretty good. It have every options you would need.
If you choose BOA, use the bonus referral code opening the account online and you will get $ 75. http://www.bankofamerica.com/promos/jump/uspsmovers/ Also when you open the account online, it has no direct deposit or minimum balance requierments.
Yes. They will match it for the first three months. The only thing that sucks is they take a while to contribute matching funds to your savings account.
I use WaMu. I’m pretty happy with them. PROS: - Free online banking/bill pay (some banks say ‘free online banking’ but charge you for bill pay) - Free checking, no min or max balance requirements (that I know of) - Immediate credit for deposits, cash or checks, no matter what time of day it is CONS: - Not enough branches/ATM’s in town - Can’t use your Debit Card for more than 3K per day, no matter how much is in your account - Can’t withdraw more than $200 per day with ATM, no matter how much is in your account - $5 fee per month if you use a non-WaMu ATM - Additional fee per transaction if you use a non-WaMu ATM
ING Direct Online. I was considering PayPal due to its high interest rate. But PayPal isn't really safe.
I'm in the process of switching from BoA to Wamu, primarily because Wamu's online savings/checking combo gives you a pretty solid return. no other problems with BoA, and no problems with Wamu, yet.
I've had Compass, I'd rather die a million horrible deaths than bank with them again. I currently have Wells Fargo - no complaints - I'm quite happy with them. I also have First Community Credit Union - it was great when I was a kid, not so great anymore, they charge a monthly fee, which sucks because the only reason I have it open is for "emergencies". It's like my secret stash of money I put away and forget about, only to come back 6 months later and realize there's not as much money in there as what I first put in. I've done business with BoA and I'd rather not if I could avoid it, though they seem to have improved since I dealt with them in the past.
We fired Wells Fargo after they "additional charge" 'ed us to death. Here's a simple example (one of many).... We had a "free checking" account with them. Then they charged us for writing a check out of our "free checking" account. We were like... "WTF ??!?" they said, it's only free if you write a certain amount of checks a month. If you exceed that amount, you get charged. Really? So... how can you get away with calling it a "free checking" account? That was the last straw. We pulled out of Wells Fargo entirely and went to WaMu. Wells Fargo was doing all kinds of crap like that to us. Read your bank statements, people!
What is their online saving interest rate these days? I have one with HSBC Direct, but I’m getting an email just about every month saying they’re dropping the interest rate again. It’s down to about 3% now. When I opened it, it was around 5%. I know the economy blows, but sheesh!
checking and savings account with bank of america never had much problems with them, albeit, i dont take 'advantage' of their services other than just depositing and/or cashing checks there was 1 time however, when i was 17, unemployed, and i have no funds in my checking and i keep using my debit card, it resulted in 32ish overcharges(whatever the term is), each costing me 36 bucks... I wasn't happy, because i had set up my accounts to transfer 150 each month from checking to savings.... i had little over 1500 in my savings at the time yea so, i wasn't very happy, but i'm sure all banks screw people like that
Wells Fargo. They have ATMs at Randalls, where we shop regularly. Their online bill pay does not suck. We have learned how to navigate the fee mine field.
How do you use online bill pay anyway? I mean I just go to the websites of all my bill such as cable, electric, etc. and just pay on there. How does it work?
