• filter:
  • 163646566 67
  • Page
  • Previous 40
  • Text Only
  • Search this Topic »
rated:
barrytuneup said:   I used a bank transfer from EverBank with no problem. Opened acct with 50.00, then xferred 20500 via EverBank. (To cover all the debits I will be doing plus the 1 small BP each month). The 5% interest adds up fast. have to figure where to put it now that only 5% is paid on 20K.
  
How are you fulfilling the debit card requirements?

rated:
I am using it at grocery self checkouts.. (4 swipes is all you can do at one store before the card locks you out). I buy bumble bee tuna for .99 and then another 2 cans for 1.98, then another 1 can for .99 etc. I also use it at Dunkin Donuts for 1.75 cups of coffee. And I do it the first day of the cycle and over 3-4 days and I do 14 even though 12 or 13 is required! And I don't do the dumb Amazon GC thing.. .50 Amazon gc.. that stuff will ruin it.

rated:
Redneck bank inactivity fee reminder:

I opened this account long time ago but lately had not been using it since the rate was ~1%. Recently found out that they had closed my account and the balance was eaten up by dormant account fee ($10/month). Lost ~$30.

Their agreement (current version online) does not spell out what "extended period of time" (of no activity) is. They claim to have sent me an email but am sure I didnt receive it --- the agreement talks about "we have been unable to contact you".

I did dig up this old FWF thread talking about this (too late for me now). Just wanted to bring this to the attention of anyone with a Redneck bank account.

rated:
fwuser12 said:   Redneck bank inactivity fee reminder:

I opened this account long time ago but lately had not been using it since the rate was ~1%. Recently found out that they had closed my account and the balance was eaten up by dormant account fee ($10/month). Lost ~$30.

Their agreement (current version online ) does not spell out what "extended period of time" (of no activity) is. They claim to have sent me an email but am sure I didnt receive it --- the agreement talks about "we have been unable to contact you".

I did dig up this old FWF thread talking about this (too late for me now). Just wanted to bring this to the attention of anyone with a Redneck bank account.

  I just set-up automated monthly deposits from Alliant to all my accounts after being bitten by this a few times at different banks.  I don't have a scheduled pull back out but you could do that too and just have automated activity with 0 net effect on the balance

rated:
psm321 said:     I just set-up automated monthly deposits from Alliant to all my accounts after being bitten by this a few times at different banks.  I don't have a scheduled pull back out but you could do that too and just have automated activity with 0 net effect on the balance
 

  I tried to do it manually and non-systematically. Every few months try to transfer-in (or out) money via Alliant to keep the account active.
For the most part, it seemed to be working, although I have closed many accounts over the last year or two. But the Redneck bank got to me.

rated:
washerdreyer said:   Really annoyed about the INOVA rate cut, strongly considering emptying out accounts there, and extra annoyed I only realized it when the April interest posted.
  I am out  , 5 X51 = 255 and we used to get 50$ every month .. now it is going to be 30$ .. for the same 255 $ .. not worth it .
for folks who closed accounts.. was it straight forward ..

rated:
just received word that Visionbanktexas is being is going to be taken over by some other bank ... so there goes the max checking account 

rated:
exclusivelysid said:   
barrytuneup said:   I used a bank transfer from EverBank with no problem. Opened acct with 50.00, then xferred 20500 via EverBank. (To cover all the debits I will be doing plus the 1 small BP each month). The 5% interest adds up fast. have to figure where to put it now that only 5% is paid on 20K.
  
How are you fulfilling the debit card requirements?

  Please read the fine prnt.  EverBank is not a 5% interest account.  It is a top 5% yeild account.  So it will always be in the top 5% of competing checking accounts.  Right now, it is .93% (see the red box on this page:
https://www.everbank.com/banking/checking
This and the 1500 to start the account makes it not look too hot to me compared to Great Lakes FCU.

rated:
Chuck101 said:   
exclusivelysid said:   
barrytuneup said:   I used a bank transfer from EverBank with no problem. Opened acct with 50.00, then xferred 20500 via EverBank. (To cover all the debits I will be doing plus the 1 small BP each month). The 5% interest adds up fast. have to figure where to put it now that only 5% is paid on 20K.
  
How are you fulfilling the debit card requirements?

  Please read the fine prnt.  EverBank is not a 5% interest account.  It is a top 5% yeild account.  So it will always be in the top 5% of competing checking accounts.  Right now, it is .93% (see the red box on this page:
https://www.everbank.com/banking/checking 
This and the 1500 to start the account makes it not look too hot to me compared to Great Lakes FCU.

  The 5% interest referenced was for Consumers Credit Union.

rated:
yes CCUnion, I concur! (5%)

rated:
fwuser12 said:   
psm321 said:     I just set-up automated monthly deposits from Alliant to all my accounts after being bitten by this a few times at different banks.  I don't have a scheduled pull back out but you could do that too and just have automated activity with 0 net effect on the balance
  I tried to do it manually and non-systematically. Every few months try to transfer-in (or out) money via Alliant to keep the account active.
For the most part, it seemed to be working, although I have closed many accounts over the last year or two. But the Redneck bank got to me.

  Are you saying that your transfers did not work to keep the account active, or you forgot to do the transfer?

rated:
MrNovember said:   
fwuser12 said:   
psm321 said:     I just set-up automated monthly deposits from Alliant to all my accounts after being bitten by this a few times at different banks.  I don't have a scheduled pull back out but you could do that too and just have automated activity with 0 net effect on the balance
  I tried to do it manually and non-systematically. Every few months try to transfer-in (or out) money via Alliant to keep the account active.
For the most part, it seemed to be working, although I have closed many accounts over the last year or two. But the Redneck bank got to me.

  Are you saying that your transfers did not work to keep the account active, or you forgot to do the transfer?

  I used to do a transfer every few months but recently hadn't done a transfer for at least a year.
I thought I would at least get a letter in the mail when (or before) an account goes dormant.

rated:
Santanderbank money market 0.9% with 10 k balance and checking account.
*0.90% annual percentage yield (APY) is available when the balance in your Santander Money Market Savings account or Business Money Market Savings account is $10,000 to $4,999,999; and 0.30% APY is applied when your balance is less than $10,000 or $5,000,000 or more. These APYs are effective as of today, are available for new accounts only, and are subject to change at any time and after the account is opened. Fees may reduce earnings. A Santander checking account is required. These rates are available only for new accounts with a minimum deposit of $10,000 in new funds from another financial institution within the first month of account opening. Minimum opening deposit of $10 required. Business Money Market Savings account is only available for business entities with gross revenues of $3 million or less per year.

rated:
Decided to go with CCU as my daily driver - let me know if you have an account for the fifty bucks - shoot me a message!

Thanks for the info in the thread. 

rated:
PM sent.

  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
     
    Click here for full-featured reply.
  • 163646566 67
  • Page
  • Previous 40


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.

Thanks for visiting FatWallet.com. Join for free to remove this ad.

TRUSTe online privacy certification

While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2015