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Bank Transfer Day

Bank transfer to non profit ... are you supporting/participating?

  • Total voters
    28
Harry Guerrilla said:
A lot of the smaller banks offer extra benefits, to gain the customers.
A couple of locals offer $5 a month, but you get an accidental death insurance policy, with the service.

Depends on scale and the number of offices too.
It's a trade off.

Although where I used to live, it was the local banks with a hand full of sometimes inconvenient branches or online banks.
I chose the latter and have been satisfied in large part.

My level of satisfaction will increase many times over, when they finally finish bug testing remote deposit and release it for my phone.
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If your not addicted to an ATM machine and can actually manage your money and pay your bills timely...you dont need a big bank...you dont need a debit card...just use your credit card and pay it off when it comes in...and if you need cash in an emergency just use your credit card and pay the fees..since its a one shot deal....everyone worries how many atm machines they have access too...pfffffffffft I never use them
 
Last time that I actually needed cash was when I had to pay for my kid's field trip. Other than that, I cannot remember the last time I used cash. Even vending machines take cards.
 
Is the popular perception really that the bank move protest is chiefly about fees? Seems like the straw that finally broke the canals back. It's interesting that this seems to be the only focus on this thread.
 
lpast said:
If your not addicted to an ATM machine and can actually manage your money and pay your bills timely...you dont need a big bank...you dont need a debit card...just use your credit card and pay it off when it comes in...and if you need cash in an emergency just use your credit card and pay the fees..since its a one shot deal....everyone worries how many atm machines they have access too...pfffffffffft I never use them
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You don't even have to do that. You can be anywhere in the country, go to a Walmart or Target or large grocery store, buy a pack of gum or a drink, and get cash back. I've bought a 99c pack of gum and got $100 back before. And I'm going to chew the gum or drink the drink anyway.

Works well if you need $100 or less. Not as efficient if you need large sums of money.
 
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radcen said:
You don't even have to do that. You can be anywhere in the country, go to a Walmart or Target or large grocery store, buy a pack of gum or a drink, and get cash back. I've bought a 99c pack of gum and got $100 back before. And I'm going to chew the gum or drink the drink anyway.

Works well if you need $100 or less. Not as efficient if you need large sums of money.
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Yeah, but how often do you need more than $100 cash?
Most anything that's more than $100 can be bought with plastic.
 
One thing that may not have been noted yet is how much money you have in your ‘bank’. We use two credit unions and one very large investing/banking company. We have been set up for years and are not charged for anything. But, the reason is how much money we have in our accounts. Not all patrons of a bank are treated the same. Is that fair?
 
OhIsee.Then said:
One thing that may not have been noted yet is how much money you have in your ‘bank’. We use two credit unions and one very large investing/banking company. We have been set up for years and are not charged for anything. But, the reason is how much money we have in our accounts. Not all patrons of a bank are treated the same. Is that fair?
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I can understand the reasoning behind it, but as long as I have options for free accounts with less money, I don't have to roll over and accept it.
 
Harry Guerrilla said:
I just bought my home 2 months ago, we too were offered more than what we wanted to use to purchase a house.
However, I've spent the greater part of 2 years preparing to purchase a house and I told the Realtor exactly what I was comfortable spending.

I didn't accept anything else.
In actuality, we shopped for houses and told the Realtor what we wanted to look at, she arranged the visits and communicated with the seller for us.
Much like a court of law, "ignorance is no excuse."
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The problem is that when it comes to domestic economic policy, ignorance has to be an excuse, because we can't make the entire body of the American people significantly wiser without brainwashing, eugenics, (which have never been successfully implemented), and large amounts of time and resources, but we can make banks behave well with strong laws and forceful prosecutions, with very minimal time and resources.
 
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lpast said:
If your not addicted to an ATM machine and can actually manage your money and pay your bills timely...you dont need a big bank...you dont need a debit card...just use your credit card and pay it off when it comes in...and if you need cash in an emergency just use your credit card and pay the fees..since its a one shot deal....everyone worries how many atm machines they have access too...pfffffffffft I never use them
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I don't use my credit cards very much, I use my debit for covering most expenses.
Cash is removed immediately.

A lot of people just don't have credit cards or the credit to get one.
 
Morality Games said:
The problem is that when it comes to domestic economic policy, ignorance has to be an excuse, because we can't make the entire body of the American people significantly wiser without brainwashing, eugenics, (which have never been successfully implemented), and large amounts of time and resources, but we can make banks behave well with strong laws and forceful prosecutions, with very minimal time and resources.
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I don't think it's wise to relieve the average person of having to think about the consequences of their actions.
Seems that all we'll get is more of the same, no matter how much you regulate a business.

That person will always rationalize that they got screwed by someone else, when it was they who did the screwing to their self.
Sometimes you have to let the chips fall where they may.
 
Occam's Razor said:
So... you are so happy with them you wouldn't recommend them to others? Strange...
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It has nothing to do with whether or not I'd recommend them to others. I simply don't intend to give out personal information to strangers on the internet if I can help it.
 
molten_dragon said:
It has nothing to do with whether or not I'd recommend them to others. I simply don't intend to give out personal information to strangers on the internet if I can help it.
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I'm pretty privacy minded myself, but I hardly think saying, "I bank with Bank X" is worth worrying about.
 
Harry Guerrilla said:
I'm kinda irked that Capital One bought ING, the ING logo will disappear in the future, but hopefully the level of service will largely stay the same.
The sale was part of the conditions of the European bailout of the Euro ING, which is bull crap in my opinion.

If Capital One screws things up, I've been eyeing Fidelity with cash management + an Amex savings account.
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I'm been considering a switch to Amex since I heard of the take over. We'll see what happens when the deal gets approved. If they keep ING largely how it is, I won't bail.
 
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