Comments on: Chase Feels Savings Accounts Are Not For Saving http://uneasysilence.com/archive/2007/08/11984/ Sat, 21 Nov 2009 22:26:38 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Alex B http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395773 Alex B Sat, 25 Aug 2007 02:13:43 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395773 Carlos, bofA is B of A, as in Bank of America Carlos, bofA is B of A, as in Bank of America

]]> By: Don Wilson http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395772 Don Wilson Sat, 25 Aug 2007 02:09:53 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395772 Savings Accounts are typically useless these days. If you want a bank account, just get a checking account with a debit card. If you have enough money to make interest on it, you're likely to use it in a different place with higher interest rates. Savings Accounts are typically useless these days. If you want a bank account, just get a checking account with a debit card. If you have enough money to make interest on it, you’re likely to use it in a different place with higher interest rates.

]]> By: Alex B http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395771 Alex B Sat, 25 Aug 2007 02:09:46 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395771 Yeah, screw normal bank savings. I use ING Direct and both my checking and savings accounts have between 4-5.3% interest (yes, I said it, checking too). And I have a nice stash in a CD earning a locked 5.25% rate for 1 year. Getting high interest feels a little bit like cheating or making money from like selling weed or something :-P lol (sorry, I just watched the entire first two seasons of Weeds this week, haha), but hey, why am I to worry, free money is great :-D I have a credit union as my main bank, but I had to open a Washington Mutual account a year or two ago for withdraw and deposit convenience reasons. I had to choose between more available ATMs and branches (B of A) or less fees and no ATM fee from the bank (WaMu), and I choose the less fees, and also because I live in Los Angeles so it is not like it is hard for me to find a branch for any of the major banks :-P Yeah, screw normal bank savings. I use ING Direct and both my checking and savings accounts have between 4-5.3% interest (yes, I said it, checking too). And I have a nice stash in a CD earning a locked 5.25% rate for 1 year.

Getting high interest feels a little bit like cheating or making money from like selling weed or something :-P lol (sorry, I just watched the entire first two seasons of Weeds this week, haha), but hey, why am I to worry, free money is great :-D

I have a credit union as my main bank, but I had to open a Washington Mutual account a year or two ago for withdraw and deposit convenience reasons. I had to choose between more available ATMs and branches (B of A) or less fees and no ATM fee from the bank (WaMu), and I choose the less fees, and also because I live in Los Angeles so it is not like it is hard for me to find a branch for any of the major banks :-P

]]> By: Carlos http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395769 Carlos Sat, 25 Aug 2007 02:02:38 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395769 what's bofa Anthony? what’s bofa Anthony?

]]> By: Anthony http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395765 Anthony Fri, 24 Aug 2007 23:20:14 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395765 I have bofa & a custom savings acct that has only a monthly direct deposit requirement & no minimum balance which is fine because i have a portion of my paycheck deposited into savings...They no longer offer this type of account though & require a minimum of $300.... umm well isn't that the point of a savings account to save?? who's gonna have a savings account with less than $300 in it? might as well get a checking.... but as far as the article goes it's nuts to deactivate your account for inactivity.... oh well.... i'm still a bofa fan I have bofa & a custom savings acct that has only a monthly direct deposit requirement & no minimum balance which is fine because i have a portion of my paycheck deposited into savings…They no longer offer this type of account though & require a minimum of $300…. umm well isn’t that the point of a savings account to save?? who’s gonna have a savings account with less than $300 in it? might as well get a checking…. but as far as the article goes it’s nuts to deactivate your account for inactivity…. oh well…. i’m still a bofa fan

]]> By: chad http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395760 chad Fri, 24 Aug 2007 22:03:24 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395760 my Bank of America account charges me a penalization fee if I don't have enough moolah in my savings... crooks. my Bank of America account charges me a penalization fee if I don’t have enough moolah in my savings… crooks.

]]> By: Larry http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395756 Larry Fri, 24 Aug 2007 20:40:01 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395756 Emigrant Direct... 5.05% interest, last I checked. Forget bank savings accounts... Emigrant Direct… 5.05% interest, last I checked. Forget bank savings accounts…

]]> By: annon http://uneasysilence.com/archive/2007/08/11984/comment-page-1/#comment-395753 annon Fri, 24 Aug 2007 19:30:52 +0000 http://uneasysilence.com/archive/2007/08/11984/#comment-395753 My bank's savings account give me 1% interest and charges me 6$ a month to keep it, so i just don't use that account for saving.Thats what a mattress is for lol My bank’s savings account give me 1% interest and charges me 6$ a month to keep it, so i just don’t use that account for saving.Thats what a mattress is for lol

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