brownie20 said:joebloe said:I walked into South Shore Plaza Plaza branch in MA today and the manager 'bumped' me to a 3% 12months CD. He said if you have a substantial amount of money he'll do it if you mention fatwallet.

tried and was denied thanks for trying to help the rest of us tho!

You have to see the manager George because no one else can override the system.

brownie20 said: he was v curious about fatwallet tho
Rule #1, We don't speak of this thing called FW

nm. I can see advantages to not publicizing FW, whether or not it would have a direct impact on the particular topic being discussed, such as this one.

One nice little perk I recently discovered about the NEA account is that there is no fee for making more than 6 withdrawals in a statement cycle.

I forget how I got on the subject with a CSR, but she said there was no fee due to this being an affinity account. I certainly found it strange that BOA would decline the opportunity to charge me a fee for something like this, so I had the rep make a note in my account about. I called back the next day and verified the info again. Then I initiated my 7th internet/check transfer to see what happened. Well it went through and no fee was charged. So the CSR was correct. I did get a notice in the mail stating I had exceeded the limit but it also showed no fee.

I deposit a lot of checks in this account due to BOA's easy ATM deposits that post the same day if made before 8pm. Now I don't have to worry about scheduling the transfers out.

RS4Rings said:geo123 said:With interest rates plummeting at a lot of banks, I just opened yet another NEA account and am moving a good chunk of money into it. At roughly 2.70% APY, it's nothing to brag about but is much better than DollarSavingsDirect's pathetic 2.05%.

Was in the branch today and saw a promo for a 2.50% savings account with rate guaranteed till 6/30/09. I needed to my IRA so did their 12 month 2.75%. Also they talked me into another promo, Opened a free myaccess checking. Need to maintain a $125 balance and one direct deposit a month and you get $50 after 60 days
What state do you reside? I don't find these yields at BoA in CA. 2.5% wouldn't be bad for savings and link to other accounts.
Right now I'm getting NEA Cash Maximizer at a yield of 1.57% $500+, linked to Prima Checking.

pattyb53 said:RS4Rings said:geo123 said:With interest rates plummeting at a lot of banks, I just opened yet another NEA account and am moving a good chunk of money into it. At roughly 2.70% APY, it's nothing to brag about but is much better than DollarSavingsDirect's pathetic 2.05%.

Was in the branch today and saw a promo for a 2.50% savings account with rate guaranteed till 6/30/09. I needed to my IRA so did their 12 month 2.75%. Also they talked me into another promo, Opened a free myaccess checking. Need to maintain a $125 balance and one direct deposit a month and you get $50 after 60 days
What state do you reside? I don't find these yields at BoA in CA. 2.5% wouldn't be bad for savings and link to other accounts.
Right now I'm getting NEA Cash Maximizer at a yield of 1.57% $500+, linked to Prima Checking.

They have this available in CA also with $10000 min, but B&M only

MikeRT said:One nice little perk I recently discovered about the NEA account is that there is no fee for making more than 6 withdrawals in a statement cycle.

I forget how I got on the subject with a CSR, but she said there was no fee due to this being an affinity account. I certainly found it strange that BOA would decline the opportunity to charge me a fee for something like this, so I had the rep make a note in my account about. I called back the next day and verified the info again. Then I initiated my 7th internet/check transfer to see what happened. Well it went through and no fee was charged. So the CSR was correct. I did get a notice in the mail stating I had exceeded the limit but it also showed no fee.

I deposit a lot of checks in this account due to BOA's easy ATM deposits that post the same day if made before 8pm. Now I don't have to worry about scheduling the transfers out.This is incorrect. The number of withdrawals that a financial institution can permit account holders to make from their savings/money market accounts is restricted to six per month under Regulation D and the fact that you have an affinity account does not exempt your account from Regulation D.

BOA and many other institutions, however, have always had the practice of not charging you an excess withdrawal fee (especially if you are a good customer, such as an Advantage, Premier or Private Banking customer) for the first and second infraction per year. If you exceed the 6 withdrawals per month limit on a regular basis, however, they will have no discretion under Reg. D but to convert your account to a checking account. Again, whether or not you have an affinity account does not change anything in this case.