Fatwallet.com Finance Our Mission - Serve consumers with knowledge, value and guidance. http://www.fatwallet.comhttp://www.fatwallet.com/rss_tv.php?c=52FatWallet.comhttp://www.fatwallet.com <![CDATA[How do these numbers objectively look?]]> http://www.fatwallet.com/forums/finance/1444723/ Rating: 0 Posted By: Yahoo99
Views: 134 Replies: 1

$42,316- annual take home salary after taxes, insurance, 401k, etc.
$7200- annual 401k contribution (including employer match).
$4380- current annual equity gain on my mortgage, not including potential appreciation.(I live in a 1 BR condo, its not gonna appreciate much in the time I live here).
$1030- monthly mortgage payment including HOA, taxes, and insurance
$3000 CC debt
No student loans (paid off 35k worth)
My car is an 07 with 140k miles on it that needs replacing.

That is essentially it. I am approaching 30 and my net worth is only 27k, most of which is is my 401k. I dont think thats great considering I have been working full time since 2006 and graduated college in Dec 2010.I have a goal to own my own business in the future. Obviously I cant do anything until I am financially secure enough to take a big risk. My current job/salary is relatively new and I bought the condo a year ago (renovations cost me a decent chunk of change).

If I am going to own my own business, I would want to open it within the next 10 years while I am still young.

Any thoughts? I do live in a relatively high COL area.

New User Question Deals

http://www.fatwallet.com/forums/finance/1444723/ Fri, 29 May 2015 23:02:53 -0500
<![CDATA[LTD - Metlife Vs. Guardian - Help me!]]> http://www.fatwallet.com/forums/finance/1444689/ Rating: 0 Posted By: WalletFatKing
Views: 164 Replies: 1

I am sort of confused in choosing a disability policy.
I got a quote from Metlife and guardian for similar benefits & riders - was shocked to see that premium difference.
I have included the policy names (to refer specimens, if needed) and rider info below
Though the maximum benefit I can qualify for is $5,800/month. I am planning to get only $4,500/month.
I do not want to include Social security rider to position better.

1. Please help me highlight the differences & the values these polices offer/lack.
2. What does Metlife lack? Does Metlife's "Your Own Occ" compare to Guardian's "True Own Occ" ?
3. Am I missing something? Any additional riders that I should include/remove?
5. If I am going with Guardian, do I really need "Lump Sum Disability Benefit Rider"? (without which Guardian is $505.32 cheaper)
6. Metlife seems cover mental/nervous disability. I am an IT app analyst, I do need this coverage. Does Guardian's provider plus offer this?
7. Does Metlife have a higher denial rates compared to guardian? How are they way cheaper?

My agent advised me not to go with Standard, as they might not be much suitable to my occupation class.
Guardian - $2,291.64/year ($190.97/mo)
ProVider Plus
Occupation Class 5
up to 67 years, $4,500/month
Elimination period - 360 days
True Own-Occupation

Optional Riders: (included in quote)
1. Future Increase Option up to $9,000/mo.
2. Residual Disability Benefit Rider
3. Lump Sum Disability Benefit Rider
4. Cost of Living Adj. 3%
5. Automatic Benefit Enhancement Ride
Metlife - $916.55/year ($79.45/mo)
MetLife Income Guard
Disability Occupational Class: 6S
up to 67 years, $4,500/month
Elimination period - 365 days
Full coverage for disabilities due to mental disorder or substance use disorder
Policy Suspension for Unemployment
Presumptive Total Disability Rider
Capital Sum Benefit - Capital Sum Benefit amount: $54,000
Rehabilitation Provision
Six month extension of benefits upon death
Waiver of Premium Benefit

Metlife's Riders: (included in quote)
1. Your Occupation Rider - You will receive the full monthly benefit if you are totally disabled from your
regular occupation, even if working in another occupation.

2. Automatic Increase Benefit Rider - If you are not disabled, your monthly benefit will be increased by an
amount equal to 5% of the original benefit for the first 5 policy years

3. Guaranteed Insurability Rider - Option to apply for additional coverage every year up to age 51 without
medical underwriting.

4. Cost of Living Adjustment Rider (3% compounded) - If disabled for more than one year, your monthly benefit will increase each subsequent year you remain disabled by 3% over the previous years level

5. Residual Disability Benefit Rider (Enhanced) - Pays a benefit, subject to certain conditions, if a residual disability causes you to lose 15% or more of your earnings

Question Deals

http://www.fatwallet.com/forums/finance/1444689/ Fri, 29 May 2015 17:54:04 -0500
<![CDATA[buying property at sheriff's sale auction subject to mortgage]]> http://www.fatwallet.com/forums/finance/1444679/ Rating: 0 Posted By: SegaRob
Views: 345 Replies: 4

So I am looking to buy a property at a sheriff's sale. I've done some research and the information I have gathered indicates the following:

Current market value is ~$600k. Mortgage was taken out in 2006 for $520k. Real estate taxes and mortgage have been paid regularly, but condo fees have not. Nobody has been living in unit for years (unclear why not). The condo won a judgment against the property and now the property is going to auction subject to the current mortgage. Right now I'm trying to figure out the balance of the mortgage to see how much equity is left in the property to determine how much I should be willing to bid at the auction.

I have tried contacting the sheriff's office, the property manager, the loan servicer, and the owner. Either they didn't answer, didn't know, or would not disclose the amount of the mortgage.

Is there anything else I can do to determine the current balance of the mortgage? Obviously I can run an amortization table and estimate a balance, but I'd like a more definitive number.

Thanks in advance to anyone who can help! I'll even paypal $10 to first person who can help.

Question Deals

http://www.fatwallet.com/forums/finance/1444679/ Fri, 29 May 2015 16:02:44 -0500
<![CDATA[Direct Unsubsidized Loans vs. HELOC - about $15K per year]]> http://www.fatwallet.com/forums/finance/1444661/ Rating: 0 Posted By: rsuaver
Views: 212 Replies: 3

Kid going to college (undergrad) and needs about $15K per year. Should I let the kid take the unsubsidized loan so he can build up credit, or simply pay the whole thing from a HELOC? Current rate for the direct loan is 4.29% - the HELOC is lower but variable... Credit score is 825+ so no issues on getting a good rate, and house is 2/3 paid (have about 8 yrs left)

Just looking for what other FWers are doing. .


Discussion Deals

http://www.fatwallet.com/forums/finance/1444661/ Fri, 29 May 2015 14:48:46 -0500
<![CDATA[Use Discover App - get $5 cashback bonus (YMMV)]]> http://www.fatwallet.com/forums/finance/1444660/ Rating: 3 Posted By: rdigit
Views: 223 Replies: 0

I received an email yesterday that says if I download the Discover App by 6/15/15 (and use it), then I will receive a $5 CashBack Bonus.

You can earn an extra $5 CashBack Bonus after you download the Discover Mobile App and Log In on your mobile device by June 15, 2015. Your CashBack Bonus will reflect on our next month's statements. Rewards have no expiration. We will credit your Account with your CashBack Bonus balance if your Account is close or if you have not used it within 18 months.

Credit Deals

http://www.fatwallet.com/forums/finance/1444660/ Fri, 29 May 2015 14:47:28 -0500
<![CDATA[Can a single person with 70k per annum survive in San Francisco?]]> http://www.fatwallet.com/forums/finance/1444652/ Rating: 0 Posted By: raleighnc
Views: 915 Replies: 29

She will be sharing apartment with 2000$ per month rent.
new to this country and has valid drivers license

General Economics Deals

http://www.fatwallet.com/forums/finance/1444652/ Fri, 29 May 2015 13:57:56 -0500
<![CDATA[Amazon to collect Sales tax in Ohio starting June 1]]> http://www.fatwallet.com/forums/finance/1444650/ Rating: 0 Posted By: bargainhunter3
Views: 221 Replies: 0

General Economics Deals

http://www.fatwallet.com/forums/finance/1444650/ Fri, 29 May 2015 13:54:13 -0500
<![CDATA[SlicedInvesting.com - anybody using them?]]> http://www.fatwallet.com/forums/finance/1444619/ Rating: 0 Posted By: stevento
Views: 327 Replies: 6

Looking for brokerage transfer bonuses, came across this site

Basically, a fractional hedge fund investing platform.

Not much info online about them. Anyone heard of them?

Discussion Deals

http://www.fatwallet.com/forums/finance/1444619/ Fri, 29 May 2015 09:33:46 -0500
<![CDATA[ Any developer liability? - water runoff]]> http://www.fatwallet.com/forums/finance/1444615/ Rating: 3 Posted By: buyeasygifts
Views: 804 Replies: 22

So about two months ago a developer clear-cut about a hundred acres of woods behind my house to build homes. Shortly after we started having quite a wet spring and now the water run off through my yard and my neighbors yards with significantly more water than it used to be. Every time it rains it creates rivers through the yards in the water sits and it's quite saturated. It's starting to washout and kill the grass. last night my neighbor lost an 80-year-old Oaktree that was sitting in the middle of the saturated area. Is there any type of precedent for damages like this I'm sure something like this is difficult to prove.

My neighbor is pretty upset about the tree but I'm concerned because we have septic tanks and not sure what will happen with continued saturation.

Personal Finance Deals

http://www.fatwallet.com/forums/finance/1444615/ Fri, 29 May 2015 08:18:28 -0500
<![CDATA[Advice regarding job termination]]> http://www.fatwallet.com/forums/finance/1444593/ Rating: 1 Posted By: mortgagebot
Views: 1262 Replies: 38

Can't believe I'm making this post, but here it goes. And yes, I created a new username to be on the safe side. May be wordy, so you can skip to the third paragraph if you want to avoid the background info.

I've been a branch manager/loan officer at a community bank for two years. Duties are typical manager stuff, loans of all types - consumer, R/E, commercial. Unlike a LO at a big bank who is basically an application taker that works with processors, analysts, etc, our LOs handle the majority of the process. If I do a mortgage, I do the app/interview, collect docs, order appraisal, underwrite the file, order title, send closing package, schedule & attend closing with a check I signed, etc etc. Commercial same thing, I analyze tax returns/financials, calculate cash flow,global cash flow & debt coverage of related entities/guarantors, environmental assessment on property, etc. May not seem like much on paper but I promise, banker's hours don't apply. My salary is $39K which my tech school friends laugh at, but there are pro's to being at a community bank. As for performance, we don't have quotas but I know my interest/fee income for my second year will be about triple my salary and charge offs as % of total is a tenth of one percent.

There was little "training. For 2.5 months I shadowed someone weekly. Not much structure and they usually were busy with loans so theyd just have me sit at computer and tell me to type what theyd usually be doing. But, I felt I would be ok despite being the only loan personnel at my branch as I could just pick up the phone. In reality, loans, especially mortgages, are SO regulated that a 30yr vet can be stumped, much less someone that had never even applied for a mortgage. No lie, I was taking a borrower through the whole process and I didn't even know what "title work" was or how to order it, for example. I couldnt pick up the phone every time I had a question, so resorted to self teaching at work. If I wasn't sure, I was either searching bankersonline or trying to trudge through the reg itself, though initially I didn't know the difference from Reg B, X, or Z. Ive spent hundreds of hours "researching" how to do my job as I'd have a pending loan and not know the next step, and the person to ask might have been off because it was Friday. But I felt investing the time was valuable and the more I did, the more I'd know. Ultimately it seems the obsessive self-study has backfired.

Getting to the point. The bank is still under a consent order from bad choices during the downturn. It elected to not take TARP money and is slowly digging its way out, via annual FDIC exams and therefore (rightly) everyone is paranoid, including LOs because they randomly pull files. But it didn't take long to realize that sometimes a REG would not match up to our process. Basically, if an examiner cites us for something, we in turn do an extreme over correction. But few seem interested in being proactive about issues we've never had our hand slapped for. Again, I handle pretty much the entire loan process with "checkpoints" along the way for ex. a lady that checks APR tolerances. When the file is complete it is fully checked and someone sends me a list of exceptions to clear. As I learned more, I shifted from doing as told without question (early on I was just scrambling to get a file finished), to actually asking questions if I thought something wasn't right. Often this was met with hostility (despite putting REG citation in email) and instruction to do it the way it's always been done. Though sometimes an issue I brought up resulted in fixes put in place (few). Still, I thought I was doing the right thing by asking questions, for everyones benefit. Today, my boss, the EVP/COO (2nd in command) called me to meet. We talked for 25 minutes or so, and asked to resign or be fired, at some point in the near future, next week I think. He gave two reasons, one, a specific event that itself wouldn't result in termination of an officer, just a correction (if I need to be more specific I can, basically a policy misunderstanding). The other reason was that multiple staff have described me as "argumentative." This was news to me, I did get that vibe from some, but I've always been polite and explained why I had a particular viewpoint. I never thought I'd wadded anyone's panties to that point.

I was allowed to leave and attend an afternoon closing as normal and fund it. Tomorrow, a loan officer I am friends with will come to my branch to work with me so I can give him the status on pending loans and other items to shift over. Few in the bank know, including my staff which will hurt because its mostly old ladies (tellers) and we get along extremely well, theyre going to flip out Im afraid. Here are my questions, honestly Im still a little shell shocked so would greatly appreciate any advice:

  1. Boss told me I need to let HR know by end of day tomorrow whether I want to resign or be fired. What is the best route? I know unemployment comes into play. He said for job reference they generally just give dates. He seemed to imply that was in the case of resigning, Im not clear if its same with other choice.
  2. Naturally, Id like to save my job but I can tell his mind seems to be made. Being a small bank, headquartered in my home town, I do have the option of calling the CEOs cell phone or texting him. My girlfriends dad goes to investment club with him and hes been in my parents home even. Therefore Im surprised he didnt get with me at all on this and would really like to hear his view too, to make sure nothing was misrepresented. This guy is in this banks family (privately owned) and Id like the chance to just explain my side, but I just cant say hed override the COO who generally he allows to run operations.
  3. This may be some bad survival instinct kicking in but Ill throw it out there. When I asked questions, I wasnt always right. But many times I was. It is a FACT that some of our procedures are wrong. There are blatant RESPA issues - we re-disclose loans for illegitimate reasons. If an officer forgets a charge on initial disclosures, he will re-disclose with a reason of failed to add X charge. If you know RESPA you know this is against its intent to provide borrower an accurate estimate of charges up front; you ONLY re-disclose for borrower requests, unknowns, acts of god, etc. Otherwise the bank eats the fee. I really dont think this is purposeful, but it does blow my mind that we do it. We make edits to loan docs after closing; nothing harmful to a borrower but its just dumb as its usually unnecessary. There are other things as well, and I have proof of much of it because I kept emails to cover my ass in case something came back on me. The CFPB provides means to submit instances of indiscretions by banks, though Im not sure how far it usually goes. Probably depends on who reads it. I thought about the possibility of bringing up the scenario to my boss with a whistleblower spin. Not as a threat, but just to make it clear that I thought I was doing right by the bank to be concerned with procedures and now I feel Im being fired for it (I do). At this point even if I could keep my job long enough to have a chance to find another thatd be great. But my common sense side is warning me this would only make things worse and seem spiteful?
  4. Any other general recommendations Ive missed. Never been in this situation. Obviously I have bills to worry about, including a mortgage. Im also diabetic so really need the health insurance. Of course so is half the population these days I guess.

Insurance Deals

http://www.fatwallet.com/forums/finance/1444593/ Fri, 29 May 2015 01:05:42 -0500
<![CDATA[Credit card fraud. What retailers are suspect?]]> http://www.fatwallet.com/forums/finance/1444577/ Rating: 0 Posted By: BenH
Views: 615 Replies: 9

So this is a sister thread to my anecdote here:

While this will be totally unprovable, I'm interested in those of you who have been subject of credit fraud the retailers that you think might have compromised your data. Of course this can be very difficult to know because who knows how long a thief may sit on your data? Do you look at those places you just charged at, or places you charged at months ago? Sometimes we might get lucky with a new card only being used at a couple of places, or a sock-drawered card that was only used once recently.
While this might be unfair to call out retailers who are not at fault, it will be interesting to note if any patterns come up.

Feel free to tell a story, or just to list retailers.

My suspect list. All listed were the only charge on my card either within the 6 months prior to the fraud OR the card was basically new. In some cases, there may have been another charge from a very reputable merchant (Amazon, Staples, etc.) who has never acknowledged any breach:

Discussion Deals

http://www.fatwallet.com/forums/finance/1444577/ Thu, 28 May 2015 22:26:27 -0500
<![CDATA[Informal Survey/Anecdotes - Have you been affected by more credit card fraud recently?]]> http://www.fatwallet.com/forums/finance/1444573/ Rating: 2 Posted By: BenH
Views: 684 Replies: 26

Obviously we all know from the news stories how rampant cyber crime and hacks are these days. The rise in stealing data must obviously relate to a greater number of crimes.
I've had a credit card in my own name since at least 1999 (my Amex Blue), and maybe had one a couple years earlier (I think I had a Visa that I no longer have).
Most of my adult life I have had a single bank account (not including mutual accounts) and maybe 2-3 cards. Over the past few years that number has skyrocketed.
I have bank accounts at almost a dozen institutions and close to that number of credit cards as well.

I work in IT security, and so I follow pretty good guidelines for online transactions. That being said, I've never shied away from using my CC online to purchase things. I have avoided some sites that I deemed sketchy (usually after researching a too good to be true price).
Up until last year I have never had any sort of fraudulent charges, not even a penny, on any of my accounts.

Just under a year ago I had some fraudulent charges on oine of my Chase cards. A couple thousand dollars trying to buy some camera drone - and one or two misc charges (redbox, etc.). Chase fraud prevention caught those.
Last week, when balancing my books I found 2 weeks worth of fradulent charges on a Citi card, over $4K worth to eBay marketplace sellers. Citi did not catch any of them even thought they were totally outside my spending habits.
And today, Amex just caught a 2K charge for airline tickets that was fradulent.

I also don't think this was a single hack since when my Chase card was compromised I only just got the Citi card.
Also, I just got a new card with a new CVV code for my Amex card like last week, and only used it at l believe 1 online location since that change.

So, personally, I know I am feeling the sting of the increase in cyber-crime. Over 15 years with nothing, and now 3 accounts and almost 10K in fraudulent charges in less than a year.

Are you lucky enough not to have been compromised at all? What is your story? Do you use any special strategy/paranoid scheme that you believe works or didn't?

Discussion Deals

http://www.fatwallet.com/forums/finance/1444573/ Thu, 28 May 2015 22:06:39 -0500
<![CDATA[Former Speaker of the house indicted on structuring charges]]> http://www.fatwallet.com/forums/finance/1444541/ Rating: 2 Posted By: BenH
Views: 1580 Replies: 51


Interesting since structuring is often about "intent." It seems that this guy was basically being blackmailed, so part of his withdrawal techniques may have been requested by the blackmailer to avoid either of them being found out.
Wonder how it will play out.

Discussion Deals

http://www.fatwallet.com/forums/finance/1444541/ Thu, 28 May 2015 18:54:57 -0500
<![CDATA[Selling a phone number]]> http://www.fatwallet.com/forums/finance/1444507/ Rating: 0 Posted By: Clocks
Views: 1330 Replies: 25

Years ago I got a prepaid cell line that came with a "00" number. (i.e. XXX-XXX-XX00) I don't really use the number, and someone I know has expressed interest in buying it for their business. He asked I come up with a number, but I have no idea how to value it. I see some online services for listing a number for sale, but the fees seem pretty high, and I am not convinced the number is really worth that much.

Does anyone know if A.) it is legal to sell a phone number and B.) a good way to calculate it's value?

Thanks in advance for any tips and/or advice.

Question Deals

http://www.fatwallet.com/forums/finance/1444507/ Thu, 28 May 2015 15:15:50 -0500
<![CDATA[Recommended Total Debt Service ]]> http://www.fatwallet.com/forums/finance/1444492/ Rating: 0 Posted By: dustinmcosaurus
Views: 613 Replies: 12

Just curious to see the communities opinion on what an appropriate level of total debt service (TDS) a household should have. This ratio would include all monthly expenses (mortgage, HOA fees, property tax, car loans, credit card bills, etc). Let me know what you think. Thanks

General Economics Deals

http://www.fatwallet.com/forums/finance/1444492/ Thu, 28 May 2015 13:47:11 -0500
<![CDATA[Renter's Insurance Liability ]]> http://www.fatwallet.com/forums/finance/1444482/ Rating: 0 Posted By: Lotsofquestions
Views: 835 Replies: 38

Hello all.

I am trying to figure out for renter's insurance how much liability I should be carrying. Is there a specific formula? Right now I pay $186 per year for renter's insurance -- its very cheap. I'm with Amica, if it matters.

$250 Deductible
$26.5K Contents
$7,950 Loss of Use
$2,000,000 Liability
$5K Medical Payments

I also pay for certain endorsements:
ID Fraud
Scheduled Items - $10K worth

Do I have way too much coverage for liability, or should I just keep it since it's cheap? FYI I also have a $1M excess liability policy -- this is on top of the $2M (I verified thanks to this website!). My auto limits are pretty similar liability wise as well. Thanks for any insight!

Personal Finance Deals

http://www.fatwallet.com/forums/finance/1444482/ Thu, 28 May 2015 12:59:54 -0500
<![CDATA[Has anyone heard of real estate tax rebate program?]]> http://www.fatwallet.com/forums/finance/1444473/ Rating: 0 Posted By: spotrun
Views: 698 Replies: 9

Just came across this via some link in my email. Never heard of it before. Sounds too good to be true. What are your opinions?


Real Estate Deals

http://www.fatwallet.com/forums/finance/1444473/ Thu, 28 May 2015 10:42:22 -0500
<![CDATA[Leaky roof, flooded basement, mushrooms growing out of walls in home we rent- Renters' rights? ]]> http://www.fatwallet.com/forums/finance/1444407/ Rating: 10 Posted By: cinnamonfrenchtoast
Views: 3864 Replies: 89

My family and I rent a home that has been having some major issues. I have 2 small kids and I'm pretty concerned about possible mold. We have been experiencing biblical amounts of rain this past month. A few weeks ago the cellar flooded and the furnace & water heater were destroyed. The landlord has taken care of the appliances, but the cellar has remained damp. Just last week it flooded again, almost destroying the brand-new furnace and water heater! I spent all day turning the manual switch on for the sump pump (which is located in a pit inside a tote that fills with ground water), later that night I became very ill and was sick with a fever for the next few days, and subsequent cough.
The roof in the kitchen has been leaking for some time, moisture runs down the entire wall when it rains now, and I have told the LL about this but he seems overwhelmed with all of the problems with this old house. Today I found some mushrooms growing out of the wall near the leaky roof. I have told him about this, but not much was done besides me pulling the mushrooms out and dousing the area with vinegar. What are my rights here? I know I need to ask for a mold inspection, but is there anything else I should know?

Question Deals

http://www.fatwallet.com/forums/finance/1444407/ Wed, 27 May 2015 23:57:09 -0500
<![CDATA[Upgrade AAA from Plus to Premier?]]> http://www.fatwallet.com/forums/finance/1444388/ Rating: 0 Posted By: atikovi
Views: 994 Replies: 13

About torenew my Plus membership for $119 and can upgrade to Premier for $142. The main benefit is one tow per year that is up to 200 miles instead of the 100 mile Plus tows. Seems like a no brainer to upgrade as tows around here are around $4 a mile so any one tow over 106 miles would put me ahead. Or am I not figuring in something?

Discussion Deals

http://www.fatwallet.com/forums/finance/1444388/ Wed, 27 May 2015 20:33:48 -0500
<![CDATA[Need to find individuals who have had a modification and/or been foreclosed on]]> http://www.fatwallet.com/forums/finance/1444376/ Rating: 0 Posted By: mikef07
Views: 858 Replies: 15

I am looking for some suggestions on how to find people who have specific experience with Ocwen on either modification or foreclosures or both.

1) Looking for individuals who had issues when seeking a modification with Ocwen and DID NOT get a modification
2) Looking for individuals who may have had issues with Ocwen when seeking a modification that DID get a modification, but where it might have not gone as smoothly as it should have
3) Looking for individuals who have been foreclosed on by Ocwen even if they did not seek a modification

What would happen is that we would initially talk to them on the phone to get their story (so to speak) and experience and see if it is relevant to what we are trying to do.

Any suggestions on a) how to find people with these experiences, b) how to contact them (phone, email, forums, etc), c) any specific forums, boards, etc.that you would recommend?

Discussion Deals

http://www.fatwallet.com/forums/finance/1444376/ Wed, 27 May 2015 18:01:23 -0500
<![CDATA[ Advanced Legal Research: A Free Clio Webinar 5/28]]> http://www.fatwallet.com/forums/finance/1444371/ Rating: 1 Posted By: nsdp
Views: 922 Replies: 7

For those here who can't find their way without a road map.

" Lawyers now have access to more research tools available than ever before. Yet paradoxically, more information and tools has made it more difficult and expensive to find the answer your client needs. How do you choose between the multitude of tools out there while balancing costs, diligence, and time? For the best results, law firms need a research plan." http://landing.goclio.com/webinar-fastcase-clio-advanced-legal-r...

Crazytree you are excused. Mike attendance will be taken. You will find out how little you really know. Like sealed cases don't have case numbers sealed and removed from the docket list nor are the type case identifier codes. Those still show along with the jurisdictional basis. Yes documents filed won't show.

Discussion Deals

http://www.fatwallet.com/forums/finance/1444371/ Wed, 27 May 2015 17:27:53 -0500
<![CDATA[Selling home in SF Bay area the FWF way. Pls Advise]]> http://www.fatwallet.com/forums/finance/1444340/ Rating: 0 Posted By: MrHot
Views: 1509 Replies: 30


I was thinking of selling my home. Did some home work and came to know that we can't avoid the buyer's agent fee typically 2.5% of the sale value unless we found the buyer ourself. So i have decided for paying the buyer's agent fee. I heard that there are some websites list our home for flat fee like $600 includes MLS listing and all the selling meteris like sign board etc. we have to take care of openhouse etc. anybody from fatwallet did this in the past? If so what are the things I should consider before going with this online broker? Also pls advice on real estate attorney? Is it required while selling home if so what is the best way to get their service in fatwallet way? Home is in bay area so saving 2% of the home value is about 15/20K.

Real Estate Deals

http://www.fatwallet.com/forums/finance/1444340/ Wed, 27 May 2015 13:31:56 -0500
<![CDATA[Chase Southwest Business Premier 50k Bonus Pts Offer - through 6/24/15]]> http://www.fatwallet.com/forums/finance/1444321/ Rating: 8 Posted By: m3ttaphi
Views: 2052 Replies: 25

It's BACK!
Earn 50,000 points after you spend $2,000 on purchases in the first 3 months of opening your account. This bonus offer is available to you as long as you have not received a new cardmember bonus for this product in the past 24 months. This is a limited time offer, apply by June 24, 2015.

Credit Deals

http://www.fatwallet.com/forums/finance/1444321/ Wed, 27 May 2015 10:58:44 -0500
<![CDATA[Panama offers its pensionado visa program to U.S. retirees who receive a lifetime benefit of at least $1,000 per month. ]]> http://www.fatwallet.com/forums/finance/1444307/ Rating: 0 Posted By: fleetwoodmac
Views: 2845 Replies: 20

General Economics Deals

http://www.fatwallet.com/forums/finance/1444307/ Wed, 27 May 2015 09:31:53 -0500
<![CDATA[IRS has been hacked]]> http://www.fatwallet.com/forums/finance/1444295/ Rating: 2 Posted By: scottvm
Views: 3062 Replies: 23

Just when you thought it couldn't get any worse:


Discussion Deals

http://www.fatwallet.com/forums/finance/1444295/ Wed, 27 May 2015 07:58:58 -0500
<![CDATA[Building website for a non profit. Can I claim this as a donation on my return?]]> http://www.fatwallet.com/forums/finance/1444293/ Rating: 0 Posted By: jaytrader
Views: 1135 Replies: 33


I am building a website for a non profit and not charging for it, kind of. They're friends of mine and I support their cause and so I want to help them out. In turn, that "help them out" goal has turned into me doing the entire site for them. Given their requirements and amount of work I'll be doing, as well as forward maintenance, we have agreed that the value of these services is $3500. This is all on the up-and-up and there is no snaky activity here.

1) Can I claim this as a donation on my taxes next April? If so, how much of it can I claim? It is less than 50% of my income so that threshold is meaningless.
2) If I can claim the work performed as a donation, are there any special requirements I must obtain from the non profit organization for proof in the event I'm audited? (invoices from me to org, "receipts" from the org, etc)
3) If the above won't work, how can I take advantage of this from a tax liability perspective? I realize it would only lower taxable income and is not a credit, but every little bit counts. I'd rather give it to people I know and towards a good cause than Uncle Sam.

They spoke to their tax guy and he claims a simple thank you letter with the value of services performed, description, and date would suffice. However, I would like to seek some outside advice as well. I plan on speaking to my tax guy but he's on vacation and hence, I am here.

Thanks in advance.

Question Deals

http://www.fatwallet.com/forums/finance/1444293/ Wed, 27 May 2015 07:46:40 -0500
<![CDATA[Nursing home files notice to quit over their own billing errors]]> http://www.fatwallet.com/forums/finance/1444289/ Rating: 0 Posted By: callenjr
Views: 1222 Replies: 12

Need some advice before going all legal on these people...My father is currently in an assisted living center for dementia caused by stroke. During the time he had been there ownership has changed and almost every senior staffer is gone. As of three days before receiving the notice to quit if I didn't pay around $10000 their own billing showed me at a 0 balance.Now they are using back billing which they missed in order to push. What is my standing on these bills and the notice to quit. The bill is not completely itemized and I do know that some of these charged are legit. However, is the notice to quit valid as I have paid every bill they have sent me in full and have records of such. In going through their paperwork with the week in place new administrator recently they admitted that they dropped the ball on billing and did not provide health care ordered for over two months. Part of me would like to see this go to court so I can get their failures on record. What is my first step? If I were to sue them first they could invoke the arbitrationclause, for which I am already prepared as a trained and certified Mediator and Arbitrator. However, I would rather either make this go away or have their massive failings be heard in open court so that the appropriate governmental agencies can have a shot at them as well.

Discussion Deals

http://www.fatwallet.com/forums/finance/1444289/ Wed, 27 May 2015 07:18:33 -0500
<![CDATA[How to best handle this situation?]]> http://www.fatwallet.com/forums/finance/1444266/ Rating: 0 Posted By: regretfulchoice
Views: 1893 Replies: 12

I lived with a roommate sharing a 2bd apartment. We both graduated and I left about two weeks before he did. I emptied and cleaned my room relatively well before I left. We agreed that he would hire a cleaner to clean the entire apartment especially the kitchen, floor, and bathroom, and we would split the cost (about $25 each). The owner contacted us yesterday, was very angry about the shape we left the apartment, and said to never contact him for a housing reference. It appears that my roommate didn't hire a cleaner like we discussed, didn't clean anything at all, and just left. I had $500 security deposit with the owner that I was hoping to get a portion of it back. Is my best course of action to forget about the $500?

Question Deals

http://www.fatwallet.com/forums/finance/1444266/ Wed, 27 May 2015 01:25:17 -0500
<![CDATA[Credit card that allows you to set the limit for additional card holder]]> http://www.fatwallet.com/forums/finance/1444254/ Rating: 0 Posted By: helloagain
Views: 934 Replies: 14

My AMEX allows me to set the credit limit for my additional card holder (my teenage son). However, AMEX is not accepted at some of the stores. Does anyone know if any Visa or MC allow the main cardholder to set the credit limit for the additional card holder. I called my Chase and Barclaycard and this is not available for any of their cards.

Discussion Deals

http://www.fatwallet.com/forums/finance/1444254/ Tue, 26 May 2015 22:28:53 -0500
<![CDATA[TD Bank Credit Card 5% dining/groceries/utilities first 6 months, $200 Bonus after $1500 spend within 90 days]]> http://www.fatwallet.com/forums/finance/1444243/ Rating: 4 Posted By: nooch
Views: 1497 Replies: 11

This is almost exactly the same deal that was posted athttp://www.fatwallet.com/forums/finance/1431255/ which expired a couple months ago. 2 things that are different with this one:

1) Min.$1500 spend within 90 days
2) Don't need to be a TD Bank customer. I got approved even though I'm not a customer.

Offer expires 5/31/15!


Deal Deals

http://www.fatwallet.com/forums/finance/1444243/ Tue, 26 May 2015 21:46:46 -0500
<![CDATA[Certified Letter from IRS - Ogden,UT]]> http://www.fatwallet.com/forums/finance/1444242/ Rating: -8 Posted By: ICMATULKASPRMKY
Views: 2218 Replies: 43

Any idea what I might find when I pick this up tomorrow?

Discussion Deals

http://www.fatwallet.com/forums/finance/1444242/ Tue, 26 May 2015 21:46:41 -0500
<![CDATA[Refinance questions. Family room counted as basement by the appraiser]]> http://www.fatwallet.com/forums/finance/1444207/ Rating: 0 Posted By: DesiVibe
Views: 1013 Replies: 4

I am getting my house refinanced and the appraising company has made a mistake with the appraisal. I have a tri level split with a family room with a walk out to the backyard. This was considered a part of Gross Living Area when I bought the house as well as the county's assessor's website. The company that appraised it claims that the family room and the bathroom attached are below grade and a part of the basement. The appraisal also claims that my house has a full basement when it is a partial basement. This roughly amounts to 500 square feet.To my understanding to be below grade, some part of the room needs to be under ground level on one side for it to be considered below grade. The mortgage company said that I need to prove that my 500 square feet is above grade and I have a partial basement not full basement. How do I do that? I can send the previous appraisals and the county assessor's website details. Is there anything else I can send? I find it pretty ridiculous that an appraiser could not distinguish between a partial and a full basement?

Personal Finance Deals

http://www.fatwallet.com/forums/finance/1444207/ Tue, 26 May 2015 15:31:43 -0500
<![CDATA[Is opening a restaurant all work and no pay?]]> http://www.fatwallet.com/forums/finance/1444175/ Rating: 9 Posted By: choocha
Views: 5463 Replies: 63

I have heard from restaurant owners that it is bad business because profit margins are very slim, long working hours, no days off yet I do not see them shutting their doors for good. In fact I see new restaurants open up every week in my city and was wondering as to what is the motivation to open new restaurant or is there a good business opportunity that I am missing?

General Economics Deals

http://www.fatwallet.com/forums/finance/1444175/ Tue, 26 May 2015 12:39:51 -0500
<![CDATA[CapitalOne branch opening Broadway/94 (NY) $150:]]> http://www.fatwallet.com/forums/finance/1444174/ Rating: 0 Posted By: SinglePapa
Views: 786 Replies: 4

Sounds like an easy $150 bonus offer (expires 5/31) requiring just 3 uses of debit card. Anyone know what's required to avoid all fees?

Deposits Deals

http://www.fatwallet.com/forums/finance/1444174/ Tue, 26 May 2015 12:33:44 -0500
<![CDATA[PenFed Mortgage Experience]]> http://www.fatwallet.com/forums/finance/1444165/ Rating: 4 Posted By: TheWalL
Views: 2163 Replies: 22

Since all the old ones have been archived, I figured I'd start a new one...I think my experience has been consistent with what others had been suggesting over the last year...I've not had a single communication from my processor in over 10 days since submitting the signed home purchase offer. I've had great experience with PenFed on multiple loans in the past but this time I'm leaning toward going elsewhere. The rates arent better as they were in the past and the service quality has deteriorated significantly.

Discussion Deals

http://www.fatwallet.com/forums/finance/1444165/ Tue, 26 May 2015 11:29:49 -0500
<![CDATA[Valuable pointers on how to identify red flags while buying a house]]> http://www.fatwallet.com/forums/finance/1444160/ Rating: -5 Posted By: choocha
Views: 1913 Replies: 32

My friend has purchased a house in Utah and he told me about his horrible experience where the RE agent try to stiff him with higher interest rates ...Now after a long debate with my wife I am considering buying a vacation house in Utah but since I have never brought a house before I am hoping to get some expert opinion on how to save money or how to identify red flags so that I will not have to regret purchasing a 500K house.I would also want to know as to what questions that I would need to ask a RE agent without sounding like I am a newbie whom they can take for a ride.Any help would be greatly appreciated.

Real Estate Deals

http://www.fatwallet.com/forums/finance/1444160/ Tue, 26 May 2015 11:10:47 -0500
<![CDATA[3% APY for $2k, 2.4% APY for $5k money market at Patelco CU]]> http://www.fatwallet.com/forums/finance/1444103/ Rating: 2 Posted By: Waffles
Views: 1196 Replies: 6

Are we going to see more of these as we near the end of ZIRP?

website said: Each tier of your total balance adds up to a blended Annual Percentage Yield (APY). For example:
A $5,000 deposit will earn a blended APY of 2.40%
A $10,000 deposit will earn a blended APY of 1.70%
A $25,000 deposit will earn a blended APY of 0.98%

You earn On your balance of:
3.00% APY $1 $2,000
2.00% APY $2,000.01 $5,000
1.00% APY $5,000.01 $10,000
0.50% APY $10,000.01 $50,000
0.25% APY $50,000.01 $100,000
0.20% APY $100,000.01 $9,999,999

Deposits Deals

http://www.fatwallet.com/forums/finance/1444103/ Tue, 26 May 2015 02:48:53 -0500
<![CDATA[Mathematics of paying more then the minimum payment on a car loan]]> http://www.fatwallet.com/forums/finance/1444079/ Rating: 0 Posted By: tarikkunduklija
Views: 1527 Replies: 11

I want to understand how loan payments on a car work when paying more then the minimum amount. Here is the equation that I found (KhanAcademy) with my values in the brackets:

n= number of months (60 months)
L = loan amount ($11287.21)
i =monthly interest (4.48%/12 = 0.3733 %)
p = payment (min = $210.71... I pay instead $280.71)

so for month 1 (n=1):
L(1+i) -P = 11287.21(1 + .00373) - 280.71 = $11048.64
amount that went toward principal = $238.57
amount that went toward interest = $42.14

What I was charged on my bill was:
amount that went toward principal = $223.91
amount that went toward interest = $56.80

Is my thought process wrong? Do they calculate how much goes toward your principal differently when paying more then the minimum on your car payment? If someone could show me the math that they used it would be greatly appreciated.

New User Question Deals

http://www.fatwallet.com/forums/finance/1444079/ Mon, 25 May 2015 21:28:30 -0500
<![CDATA[Market vs. appraised value]]> http://www.fatwallet.com/forums/finance/1443998/ Rating: 2 Posted By: tiedinribbons
Views: 1450 Replies: 11

So I am purchasing a home, closing on June 4th. We got it for about $188,500. It was last sold in August 2008 for 190,000. We expect it to appraise for around $200,000 prior to closing.

However, this is my first time purchasing a home. when I look at the county assessor's website, which shows "Appraised" and "Assessed" value, the numbers are all over the place. It shows the 2008 appraised value as $172,000, the 2012 value as about $180,000, and then 2013, 2014 and 2015 appraised value at about $130,000 ($50,000 drop between 2012 and 2013).

Should I pay any attention to these county-provided values, or just rely on the individual appraisal from the lender?

Real Estate Deals

http://www.fatwallet.com/forums/finance/1443998/ Mon, 25 May 2015 12:18:49 -0500
<![CDATA[Dentist Second Opinion about Root Canal]]> http://www.fatwallet.com/forums/finance/1443997/ Rating: 0 Posted By: vjsinha
Views: 1545 Replies: 14

I do not have decent Dental Insurance (in central CA). About 6 months ago, during prophylaxes my Dentist suggested a Root canal on one of my lower molars. I never had and I do not have any pain or hot/cold discomfort. Roots look fine on x-ray. However, I can see that the Molar Enamel is badly damaged; I can count 2-3 very small holes and the low point where 4 surfaces meet is depressed and yellowish. The molar next to it looks fine. I have no discomfort in chewing. But I am worried that I may need some expensive treatment in near future.

I feel that the Dentist is shying away from filling work for whatever reason. What is the best course of action here? My previous experience with Dentists is similar to Auto Dealers. Never present practical or less expensive solution. Anyway, that may be my bias. That is why I am considering second opinion. But the wait to see a Dentist is unbelievable.

I am considering paying for a super-premium individual insurance policy. Do you guys have any recommendation? I do not have access to employer-sponsored plans. Thanks in advance for suggestions.

Personal Finance Deals

http://www.fatwallet.com/forums/finance/1443997/ Mon, 25 May 2015 12:05:03 -0500
<![CDATA[Anyone use Plum card for business purchases? How do you categorize early pay dc on tax]]> http://www.fatwallet.com/forums/finance/1443933/ Rating: 0 Posted By: larciel
Views: 1189 Replies: 4

We use plum card to purchase goods, and other business-use items. Our early pay is around $30k/ year.
Our CPA puts the EPD as purchased goods discounts, and deducts it from PG value, which negates tax deductions of PG.

I'm looking for other peoples case to compare if I'm handling my situation in the smartest way. I have some doubts, but I don't want to break any tax rules so I'm listening to my CPA wholeheartedly.
If anyone has exp similar ways, please share. I'm also thinking of using different card that has points system so I can just use the points.


Question Deals

http://www.fatwallet.com/forums/finance/1443933/ Mon, 25 May 2015 02:27:11 -0500
<![CDATA[New bank account recommendation]]> http://www.fatwallet.com/forums/finance/1443783/ Rating: 0 Posted By: andymillichamp
Views: 1916 Replies: 22

Hello friends,

I am looking for recommendations for a new bank account. I live in Texas, and have about 100k in liquid funds in my current bank account. I am currently on a sabbatical from work thus am using these funds to pay for my monthly expenses, family etc, thus the balance will deplete by a couple of thousand every month for a few months.

I am very disappointed with my current bank, and am looking to change. My needs are:

1) Excellent customer service, in branch if applicable, but more importantly over the phone.

2) I need a debit card with the account, preferably a credit card, but a debit card is a must, e.g. one with a visa or mastercard logo

3) Checks if needed

4) Access to ATMs, either their own, or no-fee/low fee for non network ATM withdrawals

5) Preferably no international fee if I use the card abroad

I am located in Houston, TX, but may be moving to Austin, TX.

Any suggestions please?


Question Deals

http://www.fatwallet.com/forums/finance/1443783/ Sat, 23 May 2015 21:33:42 -0500
<![CDATA[big change in credit score from last month re discover]]> http://www.fatwallet.com/forums/finance/1443780/ Rating: 0 Posted By: trader14
Views: 2121 Replies: 27

so my credit score for the past 8 months steadily rose to about 735 effective last discover statement. generally the bump up each month would be 8-10 points.
i just got my discover statement and it stated i have a credit score of 833 and i am really confused how that could be. background on me: I make a very nice living,
lots of credit cards and everyone is paid of 100% each month. I literally haven't been late on any payment in forever. the big nick on my credit is a foreclosure....i bout a
house for about 970k in florida in 2006 and the price dropped like a rock to roughly 550k. i made payments for roughly 6 months and stopped. 2 years ago a foreclosure
judgement was entered against me and this past year i received a 1099-c so how the heck could discover say my score is 833???? it might be without the foreclosure

Credit Deals

http://www.fatwallet.com/forums/finance/1443780/ Sat, 23 May 2015 19:47:13 -0500
<![CDATA[HSBC Promo Savings 1.50% Now through Jan 19, 2016]]> http://www.fatwallet.com/forums/finance/1443775/ Rating: 2 Posted By: pattyB
Views: 2288 Replies: 33

To qualify for an HSBC Premier or Advance relationship, you need to open a corresponding checking account and maintain $100K Premier/$10K Advance.
The HSBC Promotional Premier or Advance Savings account can only be opened in a branch or by phone.
The offer period of May 11, 2015 through and including July 3,2015 with the APY 1.50% is effective through January 19, 2016.
Liquid Money!!

Credit Deals

http://www.fatwallet.com/forums/finance/1443775/ Sat, 23 May 2015 17:52:58 -0500
<![CDATA[Debt Collection Question]]> http://www.fatwallet.com/forums/finance/1443764/ Rating: 3 Posted By: ToddC
Views: 2508 Replies: 21

I received a letter from a debt collection agency called Convergent. The letter is addressed to someone I employed a few years ago but the letter came to my address with her name on it. I am ignoring this letter, but the curious thing is that on the back of the letter, it states:

The law limits how long you can be sued on a debt. Because of the age of your debt, we will not sue you for it, and we will not report it to any credit reporting agency.

The Original Creditor is BofA. It was purchased by the Creditor, Worldwide Asset Purchasing II, LLC, and it appears, it was then sold to Convergent.

My question is if they cannot sue or report then why they still attempt to collect this debt? I don't see any point for the deadbeat to pay for this even at a huge discount!

Question Deals

http://www.fatwallet.com/forums/finance/1443764/ Sat, 23 May 2015 15:42:54 -0500
<![CDATA[Any Airline Miles Credit Rewards Cards for one with Bad Credit?]]> http://www.fatwallet.com/forums/finance/1443758/ Rating: -2 Posted By: Muniee
Views: 961 Replies: 3

CS is borderline 600s......

Also whats the best travel budget sight where I can earn points? Expedia?

Credit Deals

http://www.fatwallet.com/forums/finance/1443758/ Sat, 23 May 2015 14:34:22 -0500
<![CDATA[Bonus for new CapitalOne 360 Savings]]> http://www.fatwallet.com/forums/finance/1443752/ Rating: 8 Posted By: seawolf21
Views: 3452 Replies: 21


  1. Open your very first 360 Savings account by the promotion expiration date, 07/15/2015 at 11:59 PM EST. (If you've had a Savings product withCapital One 360or ING DIRECT before, you won't be eligible for the bonus.)
  2. To qualify for a bonus, your account must be funded within the first 10 days of account opening. Deposits from an existingCapital One 360account will not qualify for the bonus.
  3. The amount of your bonus will be determined based on the highest amount you deposit within the first 10 days of account opening and maintaining that balance on a daily basis for the next 90 days following the 10 day period. You must deposit a minimum of $5,000 and maintain a daily balance of $5,000 for 90 days after the initial 10 day period to qualify for any bonus. The amount of the bonus you actually earn will be determined based on the following balance tiers during the initial 10 day period and the 90 day period after that: $5,000 earns a $50 bonus, $10,000 earns a $100 bonus; $20,000 earns a $200 bonus; $30,000 earns a $300 bonus; $40,000 earns a $400 bonus; and $50,000 or more earns a $500 bonus. The maximum bonus you can earn is $500.

If I open a joint account or custodial account, will we both get the bonus?The bonus is limited to one per primary account holder.When will I actually get my bonus?Capital One 360 will deposit the bonus money into your account within 10-15 days following the 90-day period - once it's deposited, the funds will be available immediately.

Deal Deals

http://www.fatwallet.com/forums/finance/1443752/ Sat, 23 May 2015 13:15:24 -0500
<![CDATA[Increase and release earnest money in order to extend closing date? ]]> http://www.fatwallet.com/forums/finance/1443743/ Rating: 0 Posted By: Ma171aC
Views: 1438 Replies: 17

We are purchasing a rehab property and the process has taken longer than expected. Prior to closing we have to have architectural plans, contractor approvals and bids for said plans. Once approved, we have to have an appraisal on these new plans and put our loan request in based on that. Our cash flow is fine, but I'm having a hard time releasing money on a house we aren't even sure we can close on yet.

Current earnest money - 4500
Requested increase - 5500
total earnest released = $10,000
current close date 5/27
extended close date 7/27

Things needing to be done
Contractor approval (in process)
architectural plans (appraisal version) currently done, need to submit
Bids are being collected for submition

This extension will need to be done before Tuesday 5/27 and i have no guarantee on this process going through yet although i believe highly it will happen. I have roughly $3000 in inspections, contractor costs, etc.. tied up in this as of right now and I'm not entirely sure what happens to my current $4500 in earnest money if i disagree to their extension terms.
I can understand the sellers frustration, as we have extended twice due to structural inspections that in the end caused us to cancel contract and we're the third contract they have gone under since listing. The others were all blind full price offers in a very hot market and once they walked the property they backed out. We did the same, however they reduced the price of the house MORE than the estimated costs of structural repairs and we agreed. Sellers have no insight into the house as they have inherited it. I guess at this point i'm looking at just releasing the earnest money assuming another 60 day allowance for closing but I'd like to hear other opinions .

Hope everyone is having a great holiday weekend.

Question Deals

http://www.fatwallet.com/forums/finance/1443743/ Sat, 23 May 2015 11:46:28 -0500
<![CDATA[Macy's Canceling all my future orders ]]> http://www.fatwallet.com/forums/finance/1443676/ Rating: 2 Posted By: miaolinwei
Views: 6473 Replies: 63

Hi all,

Any guidance will be appreciated, I ordered some items from Macys.com one night and got canceled the next morning, I called in today with the 866 number provided in the email. After talking to 2 reps and one supervisor at their consumer protection department, they wouldn't tell me anything other than "because we can't verify the information you provided, you will not be able to shop online at Macys.com anymore." After asking him if it's the credit card info, he said no, he said it's my billing and shipping info(same address). When I asked I have been shopping with same name and address for two years, he repeat the above answers over and over again. I am really and pissed at the moment, anybody had similar experience?

Question Deals

http://www.fatwallet.com/forums/finance/1443676/ Fri, 22 May 2015 20:45:33 -0500
<![CDATA[Opening a Citigold checking account for reward points - any perks I should ask for?]]> http://www.fatwallet.com/forums/finance/1443667/ Rating: 0 Posted By: EatenByGrue
Views: 1621 Replies: 6

I am planning to open a Citigold checking account to take advantage of a 40k ThankYou Rewards points offer.

I was hoping to open a brokerage account with Citi (and transfer 100k+ worth of equities from TD Ameritrade) to meet a relationship requirement to avoid a $30 monthly fee, but that process seems awkward: I phoned the "local Citi investment advisor" and she became very cold when I said I did not want to liquidate the transferred equities and turn the cash over to Citi to manage... She refused to help me further since I was "small potatoes" and directed me to call Citi's National number to create the brokerage account.

I could have been more sly about the reasons behind opening the brokerage account -- my bad.

Since the brokerage seems difficult to do at this point, I was thinking of just funding the Citigold checking account with $50k cash for the ~5 months it will take to process the ThankYou Rewards points offer. The loss in interest on the 50k seems swallowable.

That said: are there any perks I should ask for when opening the Citigold account?

I imagine the banker who establishes my relationship with the bank will get a kickback of some sort -- is there a socially responsible way of asking to share in that?

Question Deals

http://www.fatwallet.com/forums/finance/1443667/ Fri, 22 May 2015 18:49:29 -0500