Author Topic: Pros and Cons of Different Banks  (Read 4377 times)

Offline yesitsme

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Re: Pros and Cons of Different Banks
« Reply #15 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.

Offline aygart

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Re: Pros and Cons of Different Banks
« Reply #16 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.
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Online tzifanya54

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Re: Pros and Cons of Different Banks
« Reply #17 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.

Offline yesitsme

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Re: Pros and Cons of Different Banks
« Reply #18 on: June 29, 2018, 08:39:31 AM »
I was.They do.
Thank you!

only on desktop or on mobile too?

Online tzifanya54

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Re: Pros and Cons of Different Banks
« Reply #19 on: June 29, 2018, 02:30:00 PM »
Thank you!

only on desktop or on mobile too?
Mobile as well.

Offline googwallet

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Re: Pros and Cons of Different Banks
« Reply #20 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.

Offline aygart

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Re: Pros and Cons of Different Banks
« Reply #21 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.
You have the right to remain silent. Anything you say can and will be used to start a religious discussion.

Offline Alexsei

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Re: Pros and Cons of Different Banks
« Reply #22 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
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Offline davidrotts63

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Re: Pros and Cons of Different Banks
« Reply #23 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.
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Online gingyguy

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Re: Pros and Cons of Different Banks
« Reply #24 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
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Offline Alexsei

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Re: Pros and Cons of Different Banks
« Reply #25 on: July 16, 2018, 10:22:58 AM »
Any feedback on NFCU ?
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Offline yelped

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Re: Pros and Cons of Different Banks
« Reply #26 on: July 16, 2018, 10:33:27 AM »
I use them. Would be great if they actually had a location near me.

Offline Alexsei

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Re: Pros and Cons of Different Banks
« Reply #27 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)
« Last Edit: July 16, 2018, 11:21:41 AM by Alexsei »
כל ההתחלות קשות, בלי התחלה קשה ביותר
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Offline yelped

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Re: Pros and Cons of Different Banks
« Reply #28 on: July 16, 2018, 12:13:52 PM »
How can i "become" eligible?
Need a close relative in the military.

Online ExGingi

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Re: Pros and Cons of Different Banks
« Reply #29 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.
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