Just checked my account and they've corrected their mistake. (Or at least they've given me a provisional credit...I'll check their numbers when I get home.)

Glad they're quick to act, but kinda frustrating to have to call to get them to pay what they claim they do. Doesn't exactly inspire confidence.

I'm pretty sure we're all getting 5.01% APR for the promo rate.

The number you saw reported isn't quite right. Not sure whether the inaccuracy is due to rounding, delayed availability of funds (did you do any deposits during the month?) or another event which might have caused you to not earn interest on a portion of your funds (did you do a withdrawal during the month?).

spacecadet610 said:Just received my everbank statement in the mail. It says my name on page 1. Page 2 and 3 is for someone else that lives in the same city as me. I can see his account number and all his transactions for the past month.

This doesn't instill much confidence in the bank.nice, their machines cant even segregate the statement pages

Just got the paperwork for my new account. It says 5.01% annual percentage yield/ 4.89% interest rate.

Sorry,I just talked to a 3rd csr at Everbank. The first 2 explained it wrong.
When I asked the first 2 " So no one will ever get the full 5.01?" They said"No, no one ever would".

But what they should have said was "No one that exceeds the 100k" like my account did till today.

So the 5.01apy is right, if you have under 100k in the account. If you have over 100k they average down the apy to between 5.01 and the 3.55. Thus the 4.98 in my case.

everbank sucks, milk em for the 5% and the $50 closing bonus and be done with these imbeciles

I sent my Dear John letter to Everbank on Wednesday. Too many screw ups on interest granted. I'm really not sure whether I've been paid all I should have been, but I guess the $50 should close the gap.

I'm confused by this bank. I just called and the CSR told me that my existing account (which is less than 2 months old) will be getting 5.51% APY from here on out.

She also confirmed that I can move money from my Everbank account to my linked online account and it will take 3-4 business days. Doesn't seem all that bad. Transfer most of the money before telling them you want to take your business elsewhere and then claim the $50.

jturrdog said:I'm confused by this bank. I just called and the CSR told me that my existing account (which is less than 2 months old) will be getting 5.51% APY from here on out.

She also confirmed that I can move money from my Everbank account to my linked online account and it will take 3-4 business days. Doesn't seem all that bad. Transfer most of the money before telling them you want to take your business elsewhere and then claim the $50.

I've been using everbank for about two months and I do transfers all the time with them. The transfers are slow in my opinion and they take 5 business days. Basically since that doesn't count the weekeend if you are transfering something, just expect it to be transfered a week later. They say it's not them it's the ACH, but why is it that if I have a checking account with somebody else and I request the money to be pulled out from them and deposited in my checking account that everbank does it and it shows it pulled out of my other checking acount the next day. But it takes almost a week before it's deposited in everbank's checking. Most checking accounts don't even let you link to another instiutions with free ACH tranfers so I guess I can't complain about tha too much, becuase at least I have the options. Besides that I am very happy with everything else.

bill777 said:cheapbone said:
I've been using everbank for about two months and I do transfers all the time with them. The transfers are slow in my opinion and they take 5 business days. Basically since that doesn't count the weekeend if you are transfering something, just expect it to be transfered a week later. They say it's not them it's the ACH, but why is it that if I have a checking account with somebody else and I request the money to be pulled out from them and deposited in my checking account that everbank does it and it shows it pulled out of my other checking acount the next day. But it takes almost a week before it's deposited in everbank's checking. Most checking accounts don't even let you link to another instiutions with free ACH tranfers so I guess I can't complain about tha too much, becuase at least I have the options. Besides that I am very happy with everything else.

So you are always using ACH function from EverBank in above cases?

Anyone can comment on the speed of deposit/debit at EverBank if we initiate ACH push/pull AT other banks like ING/ED?

Thanks.

You lose 2 days interest with everbank. it takes 5 to show. HSBC you also lose 2 days interest.