Regions did as well. I'm still considering switching to a credit union, but at least I won't be bleeding $8 a month while I think about it.
Stein
11-03-2011 10:47 AM
Wal-Mart and other stores have became my ATMs. No "out of network" ATM fees. Wal-Mart is the easiest because you can drive up to the back door, park easily and go right into the automotive/sporting goods section, which is the only area I frequent, pick up what I need, get my cash back at checkout without paying $2.00 to the ATM owner and $1.50 to my bank.
Braineack
11-03-2011 10:57 AM
wal-mart lobbying is techincally what created the fee in the first place...
Stein
11-03-2011 11:42 AM
Originally Posted by Braineack
(Post 791506)
wal-mart lobbying is techincally what created the fee in the first place...
Well then I'm WINNING
Braineack
11-03-2011 02:08 PM
no they are. because now they dont have to pay merchant fees to provide the service to you that you were already doing :)
Why do so many of you hold multiple accounts at differnet banks? I have on chequing and one savings, both with the same bank along with a credit line and VISA. I was approved for a mortgage last year there as well, beating out any other banks I inquired at. I donīt see why you need to use more than one bank. Can someone elaborate?
Braineack
11-07-2011 02:48 PM
cause im a balla
ScottFW
11-07-2011 04:11 PM
Originally Posted by falcon
(Post 793029)
Why do so many of you hold multiple accounts at differnet banks? I have on chequing and one savings, both with the same bank along with a credit line and VISA. I was approved for a mortgage last year there as well, beating out any other banks I inquired at. I donīt see why you need to use more than one bank. Can someone elaborate?
Well, I went with bank A for checking because they have ATMs everywhere. Their rate on savings accounts was crap so I got a savings account with Bank B. This was years ago when you could still get paid some reasonable interest on your savings, instead of this 0.25% BS you see today, so it was totally worth the minor hassle of setting that up. Neither Bank A or B, with whom I had several years of established relationships, would give me a fixed mortgage rate that resembled anything competitive, so our mortgage is through Bank C. My Visa card is run by Bank A, but that's only because Bank A bought out the bank that ran that card when I initially got it. For points or cash back I use my Amex or the Discover that I married into, which aren't related to Banks A, B, or C (at least not closely related) and neither are my retirement accounts.
I could have kept all my finances with Bank A, but it would have meant getting hosed on savings interest and poz-raped over the life of a 30-year mortgage. I value $thousands over any "convenience" factor that may exist with using only one bank. With online bill paying I only have to log in to one site anyway to pay all my bills; other than the fact that I have to pay them ;) the process itself is not inconvenient.
gearhead_318
11-07-2011 08:33 PM
Originally Posted by falcon
(Post 793029)
Why do so many of you hold multiple accounts at differnet banks?
Braineack and Rick can't keep all there Membership loot in just one account.
Pitlab77
11-10-2011 09:22 AM
I have
Bank A for my money and rewards card, and is everywhere for ATM's
Bank B for Grad school money I saved up so that I would not waste, and that had a high % interested at the time
and bank C my credit union that gives me better rates on loans, not that I get them but still.
and bank D my first CC came through them. Dont use them though just keep it open to keep it open.
