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mooingmooseman said:   
cdancer20 said:   
montee4 said:   LMCU started doing that to me at McDonalds. They started coding it as a debit transaction and not a CC transaction and would not show up on my counter. I called them to complain but the CR rep had no clue what I was talking about. I closed my account there last month as I didn't want to have to keep checking to see what each transaction was coded as.

I realize it is cheaper for the merchant when they are processed as Debit vs Credit, but I thought the reason it was cheaper was due to the PIN entry as being more secure. So I'm not sure how they can change the coding like that.

I'm not sure why it mattered for you at McDonalds. As stated above, LMCU counts debit and Credit transactions. I'm 100% sure of this because my transactions were almost all debit/pin last month.

  "PIN" transactions don't qualify on my LMCU account either, I tried doing it through paypal (who no longer lets you process debit as credit)

  The last time I tried was 6 months ago and it did not qualify according to the counter. I stopped using the account and closed it 3 months later, so maybe they changed it based on complaints. 

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I don't know- I have been a member of LMCU for over 20 years and had the max checking since day one. Pin debits have always counted for me, including two small purchases at WalMart yesterday.

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I have never had a problem with any purchase (debit or credit) counting towards the LMCU 10 debit/credit requirement. But then I don't try to make a single $10 purchase count for ten purchases by making ten $1 'purchase' debits for the same item . . . I find LMCU's policy, 10 purchases, to be fair, and do not see the need to scam the system.

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fw2000 said:   Can anyone suggest a small business checking account?
  I've found Capital One's Spark Business checking to be the most straight forward, fee free account option for businesses. Great phone app, can easily write notes on transactions, and I have been able to download transactions to QuickBooks.

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I have a question. I recently got married to a non-American citizen and we're currently undergoing the naturalization process. They recommended we open a joint checking account which is fine. I've had a banking relationship with BOA for about 10 years (both personal and business) and was thinking about opening a basic account there, but if I could get some interest back without jumping through too many hoops (I don't want to deal with debit card transactions), I would totally do it. Both BOA and Wells Fargo have 0.01% with $10,000 but it doesn't really seem worth it to me. Do you guys have any suggestions? I also have a Fort Knox account despite not having any of the ATM's near me.

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PhrostByte said:   I have a question. I recently got married to a non-American citizen and we're currently undergoing the naturalization process. They recommended we open a joint checking account which is fine. I've had a banking relationship with BOA for about 10 years (both personal and business) and was thinking about opening a basic account there, but if I could get some interest back without jumping through too many hoops (I don't want to deal with debit card transactions), I would totally do it. Both BOA and Wells Fargo have 0.01% with $10,000 but it doesn't really seem worth it to me. Do you guys have any suggestions? I also have a Fort Knox account despite not having any of the ATM's near me.
  I would suggest Alliant.  It has 0.65% interest OR Aspiration Bank which has 1% interest. 

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thank you

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One American Bank new $5 mininum per purchase: Twelve (12) debit card purchase transactions of at least $5.00 each must post and settle to your account during the Monthly Qualification Cycle.

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