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DansDeals Forum => General Discussion => Topic started by: puddles on June 28, 2018, 01:15:01 PM

Title: Pros and Cons of Different Banks
Post by: puddles on June 28, 2018, 01:15:01 PM
Based on all the recent uproar about Chase closing accounts I thought we might talk about Pros and Cons of different banks. To start, a friend of mine mentioned banking with First Republic. Does anyone have experience with them?
Title: Re: Pros and Cons of Different Banks
Post by: thaber on June 28, 2018, 01:59:05 PM
Based on all the recent uproar about Chase closing accounts I thought we might talk about Pros and Cons of different banks. To start, a friend of mine mentioned banking with First Republic. Does anyone have experience with them?
In CA it's a decent option if you're looking for a small bank.
They have some frum bankers and loan officers, which brought them at lot of community bank
Title: Re: Pros and Cons of Different Banks
Post by: farmbochur on June 28, 2018, 02:15:14 PM
I really like Schwab.

Pros:
1. No fees maintenance fees regardless of account balance
2. Unlimited free checks
3. Unlimited ATM fee reimbursement
4. No foreign exchange fees
5. Account balance earns (low) interest
6. Deposits seem to clear faster than other banks - typically same day or next day

Cons:
1. No way to readily deposit cash
2. Checking account requires a (free) brokerage account

I don't find the cons difficult to overcome at all. Pros 3 and 4 create a great alternative to currency conversion when you need cash abroad.
Title: Re: Pros and Cons of Different Banks
Post by: Ygold on June 28, 2018, 02:27:07 PM
I really like Schwab.

Cons:
1. No way to readily deposit checks
2. Checking account requires a (free) brokerage account


Schwab App.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on June 28, 2018, 02:37:47 PM
I Love
Chase Bank

I use
..........

Closed
TD Bank, Sovereign Bank, Capital One

Hate
Sovereign Bank (Santander Bank)

Banks never made money off me.
Title: Re: Pros and Cons of Different Banks
Post by: Iz on June 28, 2018, 02:40:46 PM
Very happy with TD in NJ.
Title: Re: Pros and Cons of Different Banks
Post by: farmbochur on June 28, 2018, 03:14:12 PM
Schwab App.
My bad, meant cash.
Title: Re: Pros and Cons of Different Banks
Post by: puddles on June 28, 2018, 04:45:58 PM
I Love
Chase Bank

I use
..........

Closed
TD Bank, Sovereign Bank, Capital One

Hate
Sovereign Bank (Santander Bank)

Banks never made money off me.

I use Chase as well but with the recent shutdowns would like a bank that knows me, has a relationship with me and wont shut me down for depositing large checks or anything else they deem an issue without speaking to me.
Title: Re: Pros and Cons of Different Banks
Post by: tzifanya54 on June 28, 2018, 05:01:33 PM
Very happy with capital One in Jersey. Only real con for me is that you cant see (referring to seeing an actual copy of the check) check deposits on your online profile. I bank with Chase as well where I can see that info online.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on June 28, 2018, 05:12:13 PM
Very happy with capital One in Jersey. Only real con for me is that you cant see (referring to seeing an actual copy of the check) check deposits on your online profile. I bank with Chase as well where I can see that info online.
Capital one doesn't let you view check image of checks that went out of your account?
Title: Re: Pros and Cons of Different Banks
Post by: aygart on June 28, 2018, 05:39:09 PM
Capital one doesn't let you view check image of checks that went out of your account?
I think he was referring to deposits.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on June 28, 2018, 05:43:56 PM
I think he was referring to deposits.
ok if anyone have a answer to my question it would be appreciated.

I would like to know if Capital one lets you view check image of checks that went out of your account (Check Debit)?
Title: Re: Pros and Cons of Different Banks
Post by: gingyguy on June 28, 2018, 08:14:07 PM
I Love
Chase Bank

I use
..........

Closed
TD Bank, Sovereign Bank, Capital One

Hate
Sovereign Bank (Santander Bank)

Banks never made money off me.
everyone always tells me they hate sov bank. i can honestly say that i have been using them as personal bankfor 10+ with no issue s
Title: Re: Pros and Cons of Different Banks
Post by: thaber on June 28, 2018, 10:52:23 PM
Schwab App.
depositing through an app doesn't scale well. It's good to have a real location to go into.
I use Chase as well but with the recent shutdowns would like a bank that knows me, has a relationship with me and wont shut me down for depositing large checks or anything else they deem an issue without speaking to me.
Not hard to have a personal relationship with a Chase banker. They have Chase Private Client, JP Morgan for higher level and even if you don't qualify for CPC if you go in and shmooze with the branch manager you can become friendly with them to the point where you can clear anything with them. At least where I am.


As a general comment, there's a big difference between personal and business banking and they should be differentiated in a thread like this.
Title: Re: Pros and Cons of Different Banks
Post by: aygart on June 28, 2018, 10:54:22 PM
depositing through an app doesn't scale well. It's good to have a real location to go into. Not hard to have a personal relationship with a Chase banker. They have Chase Private Client, JP Morgan for higher level and even if you don't qualify for CPC if you go in and shmooze with the branch manager you can become friendly with them to the point where you can clear anything with them. At least where I am.


As a general comment, there's a big difference between personal and business banking and they should be differentiated in a thread like this.
+1

I have three Chase branches in which I get treated like a king whenever I walk in.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on June 28, 2018, 11:59:28 PM
everyone always tells me they hate sov bank. i can honestly say that i have been using them as personal bankfor 10+ with no issue s
Did you ever try chase? I had chase, sovereign, td, capital one at the same time, I felt the most comftorble with chase the amount branches available, online interface, and their customer service,  at the time that i closed my sovereign account sovereign didnt have an option to deposit checks by phone which i liked very much, sovereign is good if you have triple endorsed checks.... That's about it. Happens to be sovereign has now a great mortgage [broker] that works for sovereign and used to work for HSBC his name is Jacob shechter.

Capital one I would rate best after chase, their branch availability is less then chase and I was a little bit annoyed by their security questions online but nothing major to complain about. I think they are also great for wiring but I personally never used them for wiring, they also have a great savings account capital one 360 formerly ing direct no fees no minimums not locked in.

Td I hardly used they convinced me to open an account I made a deposit they froze it for 30 days since It's a new account whatever I ended up closing that account.

The straw that broke the camels back was when I made a ATM withdrawal of $400 and the machine only spit out $20 bills I got 19 $20 bills and 1 $5 I went over to the teller and they told me its impossible since they just recounted a couple minutes before, I opened a investigation and after 30 days they returned $15 versus in chase when my check got stuck in the ATM they credited my account with that amount and they told me they'll investigate the matter if it turns out false they would retrieve the money from my account.


You're saying you never had any issues try both let me know which one you like better, it's like flying ElAl For 10 years try united you'll never look back.


Day to day banking chase is the winner.
Savings capital one 360 is the winner.
Depositing triple endorsed stale checks sovereign is the winner since they don't know what's coming or going.

And of course don't forget to use mint.com to see an overview of all your accounts and never give them your banking user name password give them the access key capital one and chase bothe provide access key for financial institutions read only access and you can revoke it at any given time.
Title: Re: Pros and Cons of Different Banks
Post by: aygart on June 29, 2018, 12:24:34 AM
A very big drawback of BOA

https://forums.dansdeals.com/index.php?topic=80384.msg1755734#msg1755734

They were the worst of all of the banks I experienced. Cap 1 was a bit of a hassle since it went through a central estate unit but it got done in one shot and only meant a delay of about a week and then needing to go to a branch a second time. Sovereign, Chase, TD, Valley, and some smaller banks all issued checks either to the estate or beneficiary on the spot.
Title: Re: Pros and Cons of Different Banks
Post by: tzifanya54 on June 29, 2018, 08:38:10 AM
I think he was referring to deposits.
I was.
ok if anyone have a answer to my question it would be appreciated.

I would like to know if Capital one lets you view check image of checks that went out of your account (Check Debit)?
They do.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on June 29, 2018, 08:39:31 AM
I was.They do.
Thank you!

only on desktop or on mobile too?
Title: Re: Pros and Cons of Different Banks
Post by: tzifanya54 on June 29, 2018, 02:30:00 PM
Thank you!

only on desktop or on mobile too?
Mobile as well.
Title: Re: Pros and Cons of Different Banks
Post by: googwallet on July 01, 2018, 06:50:24 PM
Chase was great...until they shut down my bank account a few months ago.
I'm pretty happy with BofA and Capital One. I also use Discover for savings.
Title: Re: Pros and Cons of Different Banks
Post by: aygart on July 01, 2018, 07:56:52 PM
Chase was great...until they shut down my bank account a few months ago.
I'm pretty happy with BofA and Capital One. I also use Discover for savings.
A very big drawback of BOA

https://forums.dansdeals.com/index.php?topic=80384.msg1755734#msg1755734

They were the worst of all of the banks I experienced. Cap 1 was a bit of a hassle since it went through a central estate unit but it got done in one shot and only meant a delay of about a week and then needing to go to a branch a second time. Sovereign, Chase, TD, Valley, and some smaller banks all issued checks either to the estate or beneficiary on the spot.
Title: Re: Pros and Cons of Different Banks
Post by: Alexsei on July 15, 2018, 04:41:41 PM
What would be to go to FREE checking account for business ?

not too many transactions, no cash deposits needed, mobile deposit a plus, apply online a big PLUS
Title: Re: Pros and Cons of Different Banks
Post by: davidrotts63 on July 15, 2018, 06:27:16 PM
What would be to go to FREE checking account for business ?

not too many transactions, no cash deposits needed, mobile deposit a plus, apply online a big PLUS
I don't know if that exists, rather look for an account with an easily waivable fee.
Title: Re: Pros and Cons of Different Banks
Post by: gingyguy on July 15, 2018, 07:26:08 PM
What would be to go to FREE checking account for business ?

not too many transactions, no cash deposits needed, mobile deposit a plus, apply online a big PLUS
i have free business checking with santander no minimum... pretty sure it has  mobile deposit(dont have the app) but dont know about apply online
Title: Re: Pros and Cons of Different Banks
Post by: Alexsei on July 16, 2018, 10:22:58 AM
Any feedback on NFCU ?
Title: Re: Pros and Cons of Different Banks
Post by: yelped on July 16, 2018, 10:33:27 AM
I use them. Would be great if they actually had a location near me.
Title: Re: Pros and Cons of Different Banks
Post by: Alexsei on July 16, 2018, 10:35:50 AM
I use them. Would be great if they actually had a location near me.
How can i "become" eligible?

Also, these look like good options
https://www.bofifederalbank.com/business-banking/products-services/basic-business-checking
https://www.fundera.com/business-bank-accounts/checking/azlo (no checks)
https://banknovo.com/faq (waitlist)
Title: Re: Pros and Cons of Different Banks
Post by: yelped on July 16, 2018, 12:13:52 PM
How can i "become" eligible?
Need a close relative in the military.
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on July 16, 2018, 12:25:32 PM
What would be to go to FREE checking account for business ?

not too many transactions, no cash deposits needed, mobile deposit a plus, apply online a big PLUS
I have a business account with smallbusinessbank.com (not my only business account). Only bank I found that offered a desktop check scanner option with no monthly fees. You could buy your own scanner, or get one from them for a $400 deposit IIRC.

Their online interface is very outdated (though quite functional for certain things), and the mobile app leaves a lot to be desired, but if you're looking for low volume, no cash, and desktop deposits in a business account without a monthly fee, smallbusinessbank.com might be your answer.
Title: Re: Pros and Cons of Different Banks
Post by: ludmila on July 16, 2018, 07:20:02 PM
I have a business account with smallbusinessbank.com (not my only business account). Only bank I found that offered a desktop check scanner option with no monthly fees. You could buy your own scanner, or get one from them for a $400 deposit IIRC.

Their online interface is very outdated (though quite functional for certain things), and the mobile app leaves a lot to be desired, but if you're looking for low volume, no cash, and desktop deposits in a business account without a monthly fee, smallbusinessbank.com might be your answer.
Thanks, will look at it.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on November 06, 2018, 09:19:33 AM
Hate
Sovereign Bank (Santander Bank)
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on January 01, 2019, 09:30:18 AM
Hate
Sovereign Bank (Santander Bank)
I just get frustrated every time I use them
Title: Re: Pros and Cons of Different Banks
Post by: davidrotts63 on January 01, 2019, 09:32:33 AM
Love them. So personal.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on January 01, 2019, 09:48:15 AM
Love them. So personal.
you also have chase?
Title: Re: Pros and Cons of Different Banks
Post by: davidrotts63 on January 01, 2019, 09:49:16 AM
you also have chase?
Yes.
Title: Re: Pros and Cons of Different Banks
Post by: yesitsme on January 01, 2019, 09:58:20 AM
Yes.
their UI sucks, their sms commands sucks, if you schedule a payment its hard to see that you have a pending payment, to activate otp online says to call in after calling they tell you go to the branch...

Chase is a breeze
Title: Re: Pros and Cons of Different Banks
Post by: davidrotts63 on January 01, 2019, 10:00:56 AM
their UI sucks, their sms commands sucks, if you schedule a payment its hard to see that you have a pending payment, to activate otp online says to call in after calling they tell you go to the branch...

Chase is a breeze
In that sense I agree. I see them as growing a lot in the future, fix their app, and site and theyll be amazing.
Title: Re: Pros and Cons of Different Banks
Post by: a good yeshiva bachur on January 01, 2019, 11:39:25 AM
I really like Schwab.
it is true that its owned by a jew? would that be an issue of ribis?


their sms commands sucks
i use them and wasnt aware of their commands, all i know is that they send a balance one a week...
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 01, 2019, 08:06:51 PM
it is true that its owned by a jew? would that be an issue of ribis?
https://m.nasdaq.com/symbol/schw/ownership-summary
Title: Pros and Cons of Different Banks
Post by: ExGingi on January 01, 2019, 08:53:59 PM
Here are the banks on my list:

Citi - longest relationship, though just running $1 in bill pay and $1 in direct deposit to keep fee free. Biggest pro IMHO is how they handle online bill pay for payors that get a paper check. Unlike other banks there's no way for that to cause an inadvertent overdraft.

TD - been with them since the days they were commerce bank.
Pros - local branches and next day fund availability on check deposits (occasionally they'll put a hold until just before the end of the next business day, but that won't cause an NSF or NCF).

Cons - low limits (daily, weekly, monthly) on mobile check deposit, but that's mitigated a drop with their physical presence.

Chase - Opened to gain Freedom 10+10 a"h. Keeping open just because I have so many Chase CC. Keeping fee free with $250 monthly direct deposit.

Pros - Excellent technology, check and deposit images online.

Don't use the checking account much to be able to comment beyond this.

USAA - Opened at a time when they had it available to everyone (though without mobile deposit - which became available later, probably when they closed general available).

Pros - Excellent funds availability, high mobile deposit limits, ATM fee reimbursement, no fee for incoming wires, desktop deposit with any scanner, excellent ACH hub to move funds between accounts in various institutions with great funds availability.

Cons - Zelle only available on mobile app (as far as I can tell), low limits for Zelle transfers (though it's mitigated a drop with ACH functionality combined with funds availability and ATM fee reimbursement.

Schwab

Pros - Worldwide ATM fee reimbursement. Possibly other pros, but I opened the account solely for this purpose and fund on an as needed by ACH.

Cons - Need to open a brokerage account. No Zelle.

Fidelity - Recently opened after issues with CUs were raised, and was looking for a decent alternative for my HSA. Found their HSA to be better than the one I had with Elements Financial (Previously ELFCU - Eli Lilly Federal Credit Union), and once I was there I also opened a Cash Management Account for free outgoing wires.

Pros - Cash Management Account, can do trading and "checking" in single account (unlike Schwab that opens a Schwab Bank account and a separate linked Brokerage account), very competitive APR options available for Cash Balances, FREE outgoing USD wires.

Cons - Very cumbersome online interface, no Zelle, TERRIBLE funds availability, extremely long telephone wait times to speak to someone (might have been Year End related), international wires require sending in a form with instructions and potentially a week before it's available (also requires Medallion Signature Guarantee).

smallbusinessbank.com (aka Gardner Bank)

Pros - No fees or minimums for account or for Remote Check Capture.  Despite somewhat cumbersome interface, nice calendar view of bill-pay/ACH. Despite being an online bank, itís actually a one or two branch local community bank in MO (IINM), you can develop personal relationships.

Cons - Useless mobile app.
Title: Re: Pros and Cons of Different Banks
Post by: a good yeshiva bachur on January 02, 2019, 08:46:31 AM
https://m.nasdaq.com/symbol/schw/ownership-summary
i dont understand what this means (or how this answers my question)... can someone please explain?
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 02, 2019, 08:54:15 AM
i dont understand what this means (or how this answers my question)... can someone please explain?

You asked:

it is true that its owned by a jew? would that be an issue of ribis?

And I responded by showing you who actually owns it.
Title: Re: Pros and Cons of Different Banks
Post by: shimmy on January 02, 2019, 10:28:22 AM
Any one have any opinion for a Business account??

Currently use etrade (which is pretty good),  but Not thrilled  with their business suite. I found it to be majorly lacking





Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 02, 2019, 10:53:35 AM
Any one have any opinion for a Business account??

Currently use etrade (which is pretty good),  but Not thrilled  with their business suite. I found it to be majorly lacking
I use TD Bank as well as smallbusinessbank.com

What are your needs?
Title: Re: Pros and Cons of Different Banks
Post by: aygart on January 02, 2019, 11:34:59 AM
Here are the banks on my list:

Citi - longest relationship, though just running $1 in bill pay and $1 in direct deposit to keep fee free. Biggest pro IMHO is how they handle online bill pay for payors that get a paper check. Unlike other banks there's no way for that to cause an inadvertent overdraft.

TD - been with them since the days they were commerce bank.
Pros - local branches and next day fund availability on check deposits (occasionally they'll put a hold until just before the end of the next business day, but that won't cause an NSF or NCF).

Cons - low limits (daily, weekly, monthly) on mobile check deposit, but that's mitigated a drop with their physical presence.

Chase - Opened to gain Freedom 10+10 a"h. Keeping open just because I have so many Chase CC. Keeping fee free with $250 monthly direct deposit.

Pros - Excellent technology, check and deposit images online.

Don't use the checking account much to be able to comment beyond this.

USAA - Opened at a time when they had it available to everyone (though without mobile deposit - which became available later, probably when they closed general available).

Pros - Excellent funds availability, high mobile deposit limits, ATM fee reimbursement, no fee for incoming wires, desktop deposit with any scanner, excellent ACH hub to move funds between accounts in various institutions with great funds availability.

Cons - Zelle only available on mobile app (as far as I can tell), low limits for Zelle transfers (though it's mitigated a drop with ACH functionality combined with funds availability and ATM fee reimbursement.

Schwab

Pros - Worldwide ATM fee reimbursement. Possibly other pros, but I opened the account solely for this purpose and fund on an as needed by ACH.

Cons - Need to open a brokerage account. No Zelle.

Fidelity - Recently opened after issues with CUs were raised, and was looking for a decent alternative for my HSA. Found their HSA to be better than the one I had with Elements Financial (Previously ELFCU - Eli Lilly Federal Credit Union), and once I was there I also opened a Cash Management Account for free outgoing wires.

Pros - Cash Management Account, can do trading and "checking" in single account (unlike Schwab that opens a Schwab Bank account and a separate linked Brokerage account), very competitive APR options available for Cash Balances, FREE outgoing USD wires.

Cons - Very cumbersome online interface, no Zelle, TERRIBLE funds availability, extremely long telephone wait times to speak to someone (might have been Year End related), international wires require sending in a form with instructions and potentially a week before it's available (also requires Medallion Signature Guarantee).

smallbusinessbank.com (aka Gardner Bank)

Pros - No fees or minimums for account or for Remote Check Capture.  Despite somewhat cumbersome interface, nice calendar view of bill-pay/ACH. Despite being an online bank, itís actually a one or two branch local community bank in MO (IINM), you can develop personal relationships.

Cons - Useless mobile app.

The vast majority of the various items which you use various banks for are all included in CPC.
Title: Re: Pros and Cons of Different Banks
Post by: rileywiles23 on January 02, 2019, 12:29:22 PM
The vast majority of the various items which you use various banks for are all included in CPC.
Minus the eventual shut down
Title: Re: Pros and Cons of Different Banks
Post by: a good yeshiva bachur on January 02, 2019, 12:41:54 PM
You asked:

And I responded by showing you who actually owns it.
that much i figured, what i cant understand is if its a yes or no?
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 02, 2019, 12:42:57 PM
The vast majority of the various items which you use various banks for are all included in CPC.

א"ר אושעיא מאי דכתיב צדקת פרזונו בישראל צדקה עשה הקב"ה בישראל שפזרן לבין האומות

Also, IINM CPC has qualification requirements that the ones I mentioned don't.

ETA:
(https://i.imgur.com/zkyLfcc.png)

הצד השווה of all the banks I mentioned is that there aren't that burdensome requirements to be fee free. Of all the above TD is the only one of the banks that I deal with that requires a minimum daily balance to avoid a monthly service charge.
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 02, 2019, 12:48:04 PM
that much i figured, what i cant understand is if its a yes or no?

IINM most Halachic authorities don't consider interest paid or earned from US Public companies a problem. I guess it's a case of AYLOR.

That being said, I once bought shares in a public company, which I later realized was majority owned (and controlled) by a couple of Israeli partners. I was unable to get a clear answer of whether there are Ribis issues (most, if not all of their business was conducted in Europe and some African and Asian countries IINM) so I liquidated my position. Was also looking once at investing in a certain publicly traded US company. During my research I found out that insiders had a very significant (IIRC might have even been a majority) ownership stake, they seemed to be Jewish, and activities weren't anything I was comfortable with, so I took them off my radar screen.
Title: Re: Pros and Cons of Different Banks
Post by: a good yeshiva bachur on January 02, 2019, 12:52:10 PM
IINM most Halachic authorities don't consider interest paid or earned from US Public companies a problem. I guess it's a case of AYLOR.

That being said, I once bought shares in a public company, which I later realized was majority owned (and controlled) by a couple of Israeli partners. I was unable to get a clear answer of whether there are Ribis issues (most, if not all of their business was conducted in Europe and some African and Asian countries IINM) so I liquidated my position. Was also looking once at investing in a certain publicly traded US company. During my research I found out that insiders had a very significant (IIRC might have even been a majority) ownership stake, they seemed to be Jewish, and activities weren't anything I was comfortable with, so I took them off my radar screen.
thanks for explaining
Title: Re: Pros and Cons of Different Banks
Post by: aygart on January 02, 2019, 04:22:39 PM
א"ר אושעיא מאי דכתיב צדקת פרזונו בישראל צדקה עשה הקב"ה בישראל שפזרן לבין האומות

Also, IINM CPC has qualification requirements that the ones I mentioned don't.

ETA:
(https://i.imgur.com/zkyLfcc.png)

הצד השווה of all the banks I mentioned is that there aren't that burdensome requirements to be fee free. Of all the above TD is the only one of the banks that I deal with that requires a minimum daily balance to avoid a monthly service charge.
You aren't CPC from when it got everyone past 5/24 for the CSR 100k?  :o
Look back then and you will see how easy it is to become CPC.
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 02, 2019, 05:58:48 PM
You aren't CPC from when it got everyone past 5/24 for the CSR 100k?  :o
Look back then and you will see how easy it is to become CPC.
Didnít need it then.

Easy to become and maintain despite not keeping significant balances?
Title: Re: Pros and Cons of Different Banks
Post by: tzifanya54 on January 02, 2019, 08:09:13 PM
Didnít need it then.

Easy to become and maintain despite not keeping significant balances?
Yes. I keep an average of 2k between savings and checking for both me and my wife, and we are both still CPC no issues.
Title: Re: Pros and Cons of Different Banks
Post by: aygart on January 02, 2019, 08:30:59 PM
Didnít need it then.

Easy to become and maintain despite not keeping significant balances?
yup. Maintain is mostly irrelevant.


עולה עמו ואינו יורדת עמו
Title: Re: Pros and Cons of Different Banks
Post by: S209 on January 03, 2019, 02:30:35 AM
You aren't CPC from when it got everyone past 5/24 for the CSR 100k?  :o
Look back then and you will see how easy it is to become CPC.
Link?
Title: Re: Pros and Cons of Different Banks
Post by: aygart on January 03, 2019, 10:37:12 AM
Link?
I woould need to search for it. Once I would need to do that so can you. IIRC it was even on DDMS. Just search for CPC or Chase Private Client.
Title: Re: Pros and Cons of Different Banks
Post by: S209 on January 03, 2019, 11:28:52 AM
I woould need to search for it. Once I would need to do that so can you. IIRC it was even on DDMS. Just search for CPC or Chase Private Client.
I searched for it but didnít find any concrete steps to take, just that it seems they arenít too mkpid and it canít hurt to ask. Also that once youíre on, youíre good.
Title: Re: Pros and Cons of Different Banks
Post by: pcgeek on January 23, 2019, 04:38:32 PM
BOA is okay as long as you can do everything online. If you ever need to call them for something, be prepared to wait on hold for 1 hour. A problem I've never had at Chase or any other bank for that matter.
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 23, 2019, 04:44:52 PM
BOA is okay as long as you can do everything online. If you ever need to call them for something, be prepared to wait on hold for 1 hour. A problem I've never had at Chase or any other bank for that matter.

What exactly makes them okay? @aygart's experience? Telephone (lack of) customer service?

IMHO they are definitely the big bank to avoid.
Title: Re: Pros and Cons of Different Banks
Post by: pcgeek on January 24, 2019, 06:24:35 AM
What exactly makes them okay? @aygart's experience? Telephone (lack of) customer service?

IMHO they are definitely the big bank to avoid.
Meaning I personally didn't have any other issues with them.
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on January 24, 2019, 07:23:22 AM
Meaning I personally didn't have any other issues with them.
Hopefully you never will. But don't say you were not warned.

There's something called corporate culture, or corporate DNA. It seems to be flawed at BofA.
Title: Re: Pros and Cons of Different Banks
Post by: a good yeshiva bachur on January 27, 2019, 07:48:38 AM
does anyone know, where does Charles Schwab pull from?

and is there any reason to not get approved?

TIA
Title: Re: Pros and Cons of Different Banks
Post by: Ekay on July 12, 2019, 11:42:30 AM
Is there a thread that discusses chase closing accounts? Iím a victim now and I have no idea what triggered it. Any advice / insight would be much appreciated.
Title: Re: Pros and Cons of Different Banks
Post by: Pad18 on July 12, 2019, 11:46:48 AM
does anyone know, where does Charles Schwab pull from?

and is there any reason to not get approved?

TIA

try here (https://forums.dansdeals.com/index.php?topic=6373.0)
Title: Re: Pros and Cons of Different Banks
Post by: Pad18 on July 12, 2019, 11:49:05 AM
Is there a thread that discusses chase closing accounts? Iím a victim now and I have no idea what triggered it. Any advice / insight would be much appreciated.

CHASE closed ALL accounts!!!!!!! (https://forums.dansdeals.com/index.php?topic=104085.0) 

PSA: DO NOT BANK WITH CHASE OR YOUR CREDIT CARDS MAY GET CLOSED! (https://forums.dansdeals.com/index.php?topic=93522.0)

good luck.

Title: Re: Pros and Cons of Different Banks
Post by: CountValentine on July 14, 2019, 08:13:22 AM
Banks - All
Pros - Gaming them
Cons - None
Title: Re: Pros and Cons of Different Banks
Post by: Ekay on July 15, 2019, 11:07:07 PM
Best bank location wise after chase?
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on July 15, 2019, 11:56:40 PM
Best bank location wise after chase?
What do you need physical branches for?

Where do you need you need the physical branches?
Title: Re: Pros and Cons of Different Banks
Post by: Ekay on July 16, 2019, 12:00:30 PM
What do you need physical branches for?

Where do you need you need the physical branches?
Bank checks, emergency over the counter checks.

Nj,ca,ny
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on July 16, 2019, 12:33:08 PM
Bank checks, emergency over the counter checks.

Nj,ca,ny

In NY (Brooklyn) I'd say TD Bank has a very decent presence, don't know about the other two states (though I'd assume you're not looking statewide, but rather specific areas).
Title: Re: Pros and Cons of Different Banks
Post by: Ekay on July 16, 2019, 03:16:34 PM
How is tdíS online banking?
Title: Re: Pros and Cons of Different Banks
Post by: ExGingi on July 16, 2019, 03:33:19 PM
How is tdíS online banking?

It's a lot better than it used to be, but still behind Chase.