scott1961 said:DavidScubadiver said: AND we have access to a community room which Danvers Bank, as I understand it, refuses to provide for its depositors, essentially, IMHO, taking the position, "screw the community".

That is not the sort of attitude a bank can hope to "cover up" by providing free ice cream. In fact, the free ice cream is a dead giveaway that something is fishy over at Danvers.

...thinking of starting a support group.
Maybe we could get on Jerry Springer? "Customers who have an unnatural attraction to their Banks" I bet your Bank is not about to go public? Mine is and depositors get first whack at IPO price. Plus I heard their Community room is known for being a place for quick Gay sex. So whatever you do make sure you keep your feet firmly under your stall to avoid accidental contact with the person in the next oneThis is an outrage and libelous! (Getting folding chair to hurl..) Did I mention NO LIMITS on the 6.01% rate? Those cheap bastards at Danvers only pay the rate on the first 100k. To heck with FDIC limits, life is nothing without risk!

Danvers disgusts me, luring people with free ice cream. Its like the pedophile offering candy to children. In fact, its EXACTLY the same.

scott1961 said:..."Nah Nah Nah Nah, My banks better than yours"
OMG! I will never succumb and open one of these reward checking accounts. Doing so apparently turns otherwise intelligent and financially savvy individuals into loopy cult fanatics.

mh83 said:
OMG! I will never succumb and open one of these reward checking accounts. Doing so apparently turns otherwise intelligent and financially savvy individuals into loopy cult fanatics.
Can't blame the Bank, I was loopy long before I opened my account

dugggg said:DavidScubadiver said:As for the Pin, FIRST you get a nifty Shazam instruction sheet that tells you WHAT the last four(?) digits of your "to arrive" card are, and it tells you to call and select your own pin (bonus!)... You activate the PIN BEFORE you get the card or else risk the pin instruction sheet expiring. Goofy, but there you have it.

It IS goofy, especially in my case since I am currently camping out west and cannot manage my snail mail every day.

Glad I asked though, and I appreciate the quick reply.

How long did it take for the Shazam sheet to arrive? How much time did you have before the instructions expired?I believe the sheet came about 3 days before the card did, and if I recollect correctly, you had 10 days or so to choose the pin. I am sure, if the ten days expires, you simply ask for a new activation code and that will come much quicker.

Official word from Michele is:

"We are encouraging the Direct Deposit, however you may use an ACH Debit to meet the requirements."

scott1961 said:I heard they are changing the name from "Hometown Reward Checking" to Homotown Reward Checking"

kiasuchick said:Has anyone got more than $150k with these guys? I'm a little hestitant to open an account.I had a bit over 200k with them but have dropped it down to 100k as of 9/1 when they dropped the POD portion of the account. I'm not thrilled about going over FDIC limits for any bank though. This is the best checking account you can hope to have for earning money on temporary funds, but not necessarily the best place to park un-insured funds. IMHO.

Some stores don't even have the option of debit/credit, so it automatically goes through as a credit. But the only distinction on how my account labels them is payment for debit and purchase for credit.

DavidScubadiver said:I assume that "purchase" or "payment" will both qualify as a "debit card transaction" but you'll have to count them up to confirm. Is there an advantage ever, to choosing "debit" over "credit"?

I hope you're right because I don't want to have to be so precise in my counting of 10 qualified transactions. As far as advantage of choosing debit over credit, only if credits are not counted towards the 10 total!

For everyone's info, I just emailed to ask this very question. I will let y'all know.

Hey DavidScubadiver why stop at 10 Debit Card transaction when you can do 18 per month and get unlimited ATM rebates form The Brattleboro Savings & Loan and the same great rate as "Bank of Toledo of 6.01% up to $100k. Brattleboro Savings & Loan is like almost 10X larger of a bank. I know that is not saying much either as 10X a small number is still a small number lol. And the kicker is Brattleboro Savings & Loan will donate 10% of the profit your account generates to your favorite charity.