Um, you don't get this surcharge if you have a MC/Visa check card and you use it as credit. At least, you don't get it with BoA. ALWAYS use your debit card as credit.
Dammit, I think you're right. I just selected debit because, duh, that's what it was. Still, it's balls in an unwashed jock, that stuff.
― David R., Wednesday, 2 April 2008 04:47 (sixteen years ago) link
I have been sucking the combined caribous arses of RBS and citibank who apapparntly aren't best fwends and can't transfer my direct debits from one to the other in less than 3 months (the banking code of practice says this should take 5 days).
― Ed, Thursday, 19 June 2008 14:27 (fifteen years ago) link
I'm spoiled by USAA.
^^^^^this. And since they added Deposit@home last year, letting you just deposit paper checks via your own scanner, it's like FU ALL OTHER BANKS. I do my banking + car and homeowner's insurance through USAA. Can't imagine going anywhere else.
― Pancakes Hackman, Thursday, 19 June 2008 14:41 (fifteen years ago) link
I am loving my ING Orange account that was suggested here.
― Allen, Thursday, 19 June 2008 16:11 (fifteen years ago) link
this seems appropriate timing for revivotron
― TOMBOT, Thursday, 18 September 2008 05:04 (fifteen years ago) link
indeed
― the bridge to erewhon (velko), Thursday, 18 September 2008 05:09 (fifteen years ago) link
I'm going to hold out until they're sucking a panda bear's spermy nutsack.
― A bold plan drawn up by assholes to screw morons (dan m), Thursday, 18 September 2008 05:14 (fifteen years ago) link
i'm going local, in part
― gabbneb, Thursday, 18 September 2008 05:17 (fifteen years ago) link
Time to revive again as I need one. Options:
Citi
Pros I have a UK citi account with a dollar balance and can transfer stuff instantly between citi accoutns for free (think I can transfer to other US banks for free but it takes time)Probably won't go bustGF has an account with them
ConsVery little presence in pittsburgh so ATM chargesUpthread people don't rate their customer service experiencecharges for almost everything it seems
Citizen's bank
ProsAll over pittsburghfewer charges than citiprobably won't go bust as owned by RBS
Conshave promised never to give RBS another penny as long as I live
Charles Schwab
ProsFree checking, refund ATM feesgood interest on balances
ConsNo idwa whether they will go bustno branches
Anyone else I should be looking at?
― Christopher Blix Hammer (Ed), Monday, 6 October 2008 08:52 (fifteen years ago) link
wamu/chase may be keeping their 5% 12 month cd open until interest rates drop again.
― get it right in utah (tremendoid), Monday, 6 October 2008 09:02 (fifteen years ago) link
now you're all awake, save me from sweet tasty caribou
― Christopher Blix Hammer (Ed), Monday, 6 October 2008 14:02 (fifteen years ago) link
dude there are lots of banks. just pick one and stop being a wuss about it. you're insured for 250,000 or soon will be. ride the mechanical bull with the rest of us. why would you even think about using charles schwab for your bank, though?????
― Mr. Que, Monday, 6 October 2008 15:26 (fifteen years ago) link
they refund all ATM charges, don't charge for checking, someone recommended it up thread
― Christopher Blix Hammer (Ed), Monday, 6 October 2008 15:27 (fifteen years ago) link
For those not tracking my life story, I recently moved from the UK to the US and opened an account with Wells Fargo (the guy there nearly left mine and my husband's SURNAMES off the accounts until I suggested it might be useful to record).
Online banking is OK, but it doesn't seem like you can transfer money to people's accounts if they're not with Wells Fargo. This can't be right, right? In the UK you can transfer money to anyone electronically (NOT wiring) because it's exactly the same as writing them a cheque. Soemtimes it even goes in the same day!
Is this a US thing or a Wells Fargo thing? We can't seem to do Direct Debits, presumably for this reason. (We wanted to set one up to pay our landlord that lives below us. They offered to do this automatic bill payment thing that automatically prints a cheque and posts it to the person . I mean, what.)
So anyway we want to send money back to the UK and want to use a currency exchange broker. But it looks like we'd need to transfer money electronically and as they're not a Wells Fargo account holder we can't do it.
Any and all advice welcome.
― Not the real Village People, Friday, 11 December 2009 21:21 (fourteen years ago) link
yeah I have citibank, was recently in the same position and couldn't figure out a way to do it without wiring. and the other person even had a citibank account...
― iatee, Friday, 11 December 2009 21:33 (fourteen years ago) link
that seems really strange. if you'd be ok with an online-only checking account you might try this http://home.ingdirect.com/products/products.asp?s=ElectricOrangei have their savings account. the interest is low but it's really easy to transfer in and out of my checking account (which is not ING) without fees or anything.
― harbl, Friday, 11 December 2009 21:42 (fourteen years ago) link
Bank of America is similar to Wells Fargo on this - I can transfer to another BofA account but when I tried to set up a Chase account for transfers/bill payer I got an email back saying they couldn't do it "for security reasons". I used Paypal instead, which is slower but didn't require anyone physically going to a branch/finding a stamp to mail a check.
― Jaq, Friday, 11 December 2009 21:49 (fourteen years ago) link
???
Never had any problems doing wire transfers with Bank of America.
― Christine Green Leafy Dragon Indigo, Saturday, 12 December 2009 12:57 (fourteen years ago) link
Not wire transfers - direct electronic payments from a BofA acct to another personal bank acct, that you set up through the online bill payer service.
― Jaq, Saturday, 12 December 2009 16:12 (fourteen years ago) link
The major consumer banks are all restricting the hell out of ACH transfers from account-to-account because trojan keylogger operators have switched from "carding" to stealing online bank credentials and just flat-out no-kidding emptying accounts. Some small businesses & associations have been taken for the large six figures via fraudulent ACH transfers - http://voices.washingtonpost.com/securityfix/small_business_victims/
NACHA - see http://en.wikipedia.org/wiki/Automated_Clearing_House - just recently released a bulletin to participants recommending add'l risk controls to be put in place:http://searchfinancialsecurity.techtarget.com/news/article/0,289142,sid185_gci1376711,00.html
But for all that frankly "printing the check and mailing it" has worked wonders for me over the years - it's how I paid my rent from day one in my old apartment, I've used it to pay one-off medical bills, make charity donations and transfer money back and forth with my parents even. Knowing someone's mailing address isn't THAT hard.
― El Tomboto, Saturday, 12 December 2009 17:00 (fourteen years ago) link
http://www.guardian.co.uk/money/2009/nov/16/money-mule-scam
― El Tomboto, Saturday, 12 December 2009 17:03 (fourteen years ago) link
Thanks, that's interesting, although I don't understand why this isn't a problem in Europe? Do you know of any consumer banks that will allow transfers between banks or is it a blanket thing?
― Not the real Village People, Saturday, 12 December 2009 20:46 (fourteen years ago) link
This has become a major asspain in trying to manage finances across two continents. I can mail myself a cheque to my dollar account in london which has to be mailed back by the bank to clear taking about a month or suffer paypal's fees for something that used to be a click away. I appreciate the banks concerns but it seems like this is hard to do now even if I go into the back branch with ID and try and get the transfer initiated from there.
Other than this PNC does not seem to suck caribou ass, i guess I haven't tested them too hard but on the plus side they refund all ATM fees, which is nice given that I feel that a $5 atm fee can't be far in my future.
― American Fear of Pranksterism (Ed), Saturday, 12 December 2009 21:28 (fourteen years ago) link
Wells Fargo will save you from an abusive relationship with your cat.
https://www.youtube.com/watch?v=vnAfB8P53MI
― louise ck (milo z), Thursday, 16 November 2017 06:11 (six years ago) link